$CELH Getting More Eyes On It. "Celsius Holding
Post# of 679
Posted On: 12/06/2016 11:32:55 AM
$CELH Getting More Eyes On It.
"Celsius Holdings, Inc. (OTCQX:CELH) made a move to try and capture market share in Asia by partnering with A.S. Watson Group, the largest international health and beauty retail group in Asia and Europe. ASW is the retail arm of CK Hutchison Holdings under Li Ka-Shing, which operates a wide portfolio of retail brands that attract the attention of billions of shoppers annually. Ka-Shing has a particularly motivation with Celsius after his Horizons Ventures (along with partners Russell Simmons and Kimora Lee Simmons) led a $15.95 million investment in Celsius Holdings last year. ASW will initially launch sales of Celsius energy drinks in Hong Kong and Macau, with plans to expand from there throughout their network. ASW is a market leader in the bottled water space, manufacturing their own brand for over 110 years and operating the biggest distilled water plant on the planet. ASW also manufactures and distributes leading mineral water brands and a sports drink, making the Celsius energy drink a natural addition to their distribution bag. International branding can take some time (which is why we don’t think there was a big market reaction to the news), but we see strong value in the pact with ASW to launch Celsius drinks into vibrant and growing markets, including China, the world’s second largest economy. At $2.45, this is still basically a flat trade for us currently (+1.2%), but we think a move over $2.55 represents the next leg up for the long uptrend of the chart and company towards our $5.00 price target."[ /b]
http://runstocks.com/2016/12/05/weekly-re-cap...-underway/
"Celsius Holdings, Inc. (OTCQX:CELH) made a move to try and capture market share in Asia by partnering with A.S. Watson Group, the largest international health and beauty retail group in Asia and Europe. ASW is the retail arm of CK Hutchison Holdings under Li Ka-Shing, which operates a wide portfolio of retail brands that attract the attention of billions of shoppers annually. Ka-Shing has a particularly motivation with Celsius after his Horizons Ventures (along with partners Russell Simmons and Kimora Lee Simmons) led a $15.95 million investment in Celsius Holdings last year. ASW will initially launch sales of Celsius energy drinks in Hong Kong and Macau, with plans to expand from there throughout their network. ASW is a market leader in the bottled water space, manufacturing their own brand for over 110 years and operating the biggest distilled water plant on the planet. ASW also manufactures and distributes leading mineral water brands and a sports drink, making the Celsius energy drink a natural addition to their distribution bag. International branding can take some time (which is why we don’t think there was a big market reaction to the news), but we see strong value in the pact with ASW to launch Celsius drinks into vibrant and growing markets, including China, the world’s second largest economy. At $2.45, this is still basically a flat trade for us currently (+1.2%), but we think a move over $2.55 represents the next leg up for the long uptrend of the chart and company towards our $5.00 price target."[ /b]
http://runstocks.com/2016/12/05/weekly-re-cap...-underway/
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