Del Monte Philippines Listing, Tour, Etc.

Last June 9, 2013, I posted about the listing of Del Monte Philippines (DMPL) in the Philippine Stock Exchange.

[Del Monte Pacific (DMPL) Dual Listing Happens Tomorrow (June 10, 2013]

I even mentioned how lucky I am to be part of the group of bloggers who witnessed the event. Actually, it didn’t end there. It was followed by an actual tour in Del Monte cannery and plantation in Cagayan De Oro and Bukidnon respectively.

And again, I was very lucky to be part of that tour  along with Fitz Villafuerte, Noemi Dado, Jane Uymatiao, Marvin Germo and Sonnie Reyes. But then again, that Del Monte Tour will be such a waste of time if I will not share you the experience we had.

And what’s the easiest and best way to share experience to you – by sharing pictures. So here it is, our De Monte Philippines (DMPL) tour which happened last July 15-16, 2013.

Tonyo Cruz, of the organizing committee who made the event possible.

Blogger superstars Fitz, Noemi Dado and Jane Uymatiao

Chris Astadan, Sonnie Santos and Del Monte CFO Iggy Sison

At the Philippine Stock Exchange Makati

That’s me

Presscon after the listing

CFO Iggy Sison briefing the press

With Edric Mendoza who hosted the presscon

Randell Tiongson, Marvin Germo, Noemi Dado and me

Fresh fruits for desserts

Marvin Germo, Randell Tiongson and me preparing for the cannery tour

The whole group prepping for the cannery tour

On top of the Ferrari. Yeah, that’s the truck name – Ferrari.

Famous steak from Camp Phillips in Bukidnon for dinner

Breakfast before the plantation tour

Picking pineapples

Freshly picked pineapples

Pineapple tasting

These pineapples are called Sweet 16

How to serve pineapples Del Monte style

Planting pineapples.

As far as your eyes can see.

Planting pineapples

Baby pineapple

Planting pineapples

Pile of pineapple pulp to be fed to cows

Housing for Del Monte workers

At the airport homebound.

In the end, it answers one of the very first question I had in mind back when I was invited for the briefing.

Is Del Monte Philippines (DMPL) worth buying?

Based on what I personally saw in the tour, it’s a very convincing YES.  They’ve been here for around 87 years and if you’ll consider their systems in place, one can easily say that it will still be around for a long time.

That is also backed up by the strong balanced sheet, sound management team and market leadership in the canned pineapple juice, tomato sauce, tomato ketchup etc. Expansion wise, they have acquired S&W to market fresh fruits worldwide.

Download the Del Monte Pacific Presentation here ->