Tate & Lyle Share Discussion Threads

[harvester] 14/2/2014 07:24

Chinese TATEAWAY

[ny boy] 13/2/2014 23:52

Tate now vulnerable down here to a Chinese take out, one reason why I,ve been buying.

[yf23_1] 13/2/2014 15:46

Guess you all knew this, or maybe not....

In April 2009, the International Trade Commission closed a patent infringement case that will permit Chinese manufacturers to produce copycat versions of Splenda products which will be sold under different brand names.

April 6, 2009
GDFII/L&P Confirms Sucralose Win over Competitor Tate & Lyle

Exeter, Calif., April 6th – Leading Sucralose manufacturer Guangdong Food Industry Institute/L&P Food Ingredient Co. Ltd. (GDFII/L&P) today announced that the U.S. International Trade Commission (ITC) in Washington D.C. ruled in its favor in a Section 337 patent dispute (docket no. 337-TA-604) filed against the company by its competitor, Tate & Lyle Corporation (T&L).

Mr. Wang Sanyong, a corporate officer of GDFII/L&P, comments "This has been a long process but we are very pleased with the outcome and that we have been vindicated after a thorough review by the Commission. The final determination by the ITC continues to reaffirm to our dedicated customers the strength and innovation of our technology and processes, and the integrity of our company. We are pleased that our technological achievements have been recognized in these proceedings before the ITC."

The U.S. ITC governs investigations into allegations of unfair trade practices and has ruled in its final determination that GDFII/L&P has not violated any of the patents asserted in this Section 337 dispute.

This final ruling confirms the initial determination issued by Administrative Law Judge Charles E. Bullock of the ITC in September 2008 that there is no violation of Section 337 by GDFII/L&P. Judge Bullock found that GDFII/L&P did not infringe any of the asserted T&L patents and that one of the patents was also invalid. T&L appealed that initial ruling and the ITC approved a full review by the Commission.

Roger Matkin, CEO/President of Ingredients Specialties Inc. (ISI), a strategic marketing and distribution partner to GDFII/L&P, notes "We congratulate GDFII/L&P for this hard fought victory and recognize our attorneys with the Bingham McCutchen firm, led by Washington, D.C. partner Gary Hnath, who have represented GDFII/L&P so skillfully and diligently throughout the proceedings before the ITC. Gary and his team presented the facts to the ITC as fully and completely as possible." Roger continues, "After 2 years of a careful and thorough review by the ITC, the Commission has now presented its definitive finding on behalf of GDFII/L&P."

"This is welcome news for us, especially since many potential customers have held back in ordering product until confirmation of the positive ruling by the ITC" observed Mr. Bassam Faress, Director of Sales & Marketing at ISI and spokesperson for L&P. "We can confidently assure our network of global distributors and customers that GDFII/L&P is one of a few companies whose manufacturing processes have been fully and thoroughly reviewed by the US ITC and that our Züeit ® brand Sucralose has been determined to be non-infringing. This is very important to keep in mind as it may not be the case with other competitors now in the market"

Mr. Wang Ximin, a corporate officer of GDFII/L&P adds "With this important victory now achieved, we are determined to aggressively expand our production of Sucralose and to position GDFII/L&P to more fully meet the anticipated high market demand for Sucralose globally."

Guangdong Food Industry Institute/L&P Food Ingredient Co. Ltd. (GDFII/L&P) is a specialty ingredients manufacturer that pioneered the development and manufacturing of Sucralose at its ISO 9001:2000 and HACCP certified facility in China. Its alliance with Ingredient Specialties, Inc. of Exeter, California provides a global distribution network that markets Züeit ® brand Sucralose to the food, beverage, nutraceutical and pharmaceutical industries as a Kosher and Halal certified non-caloric high intensity sweetener. Züeit ® is a trademark of Ingredient Specialties, Inc. Exeter, CA, U.S.A.

[pugugly] 13/2/2014 15:24

Chart suggests the cat bounced off a ledge part way down and may now be continuing to fall again. [But what do I know]

[bulltradept] 13/2/2014 14:27

I see a bounce back tomorrow.

[salpara111] 13/2/2014 14:22

Not much of a dead kitty bounce today, I actually bought some for 668 earlier in the day and had expected it to recover to around the 700 line by close but that does not look likely now.

[yf23_1] 13/2/2014 12:48

"is experiencing price pressure on sucralose, due to a glut of cheaper supply from China."

Hang on, er I thought Tate owned the rights to Sucralose/Splenda ?
So is this supply being made illegally ?

[wad collector] 13/2/2014 12:07

Looks overdone to me - thought I would never get back into Tate but just bought a chunk at 666p.
Suspect I will be looking at a healthy investment in a yr....or maybe a week?

[essentialinvestor] 13/2/2014 10:19

Sal, exactly.

Forget that the year ended is in line, it's the '15 guidance on sucralose
that has hammered the share price

[salpara111] 13/2/2014 10:05

It appears that it is the forward outlook for the sucralose business that has really had the effect here. Once again China has gone hell for leather and installed far too much capacity which will depress global prices for everyone...including the Chinese! They did the same thing with solar panels and the end result was bankruptcies across the industry including their own companies.

[ny boy] 13/2/2014 09:51

Buy when others are panic selling, just started to do so myself with an initial buy in the 650's will add down lower if given the opportunity, if I make a fortune with (MTV) I,ll buy 20,000 + of these towards the retirement fund.

[maurillac] 13/2/2014 09:42

well i read the rns and thought we might be down a bit but the markdown looks horrendous to me but wtfdik !
hope it bounces a bit soon ..
m

[mj19] 13/2/2014 09:28

i am loser got in at 694

[abcd1234] 13/2/2014 09:25

freefall was 8.05am

any folks got analyst updates/views on results?
two year key 650p level... intraday support or resistance ,,,next hour may tell

[salpara111] 13/2/2014 09:13

Wow...650 now....in freefall.

[abcd1234] 13/2/2014 09:00

agreed.... whats drivin it down 15% ??
... maybe 5, or 7% ... but 15?
thanks in advance

[vulgaris] 13/2/2014 08:55

Not a pretty morning, what with T&L, RR & a hangover. But T&L trading statement looks flat, not horrendous and Buys leading Sells on trading volume. Really can't see the justification for 15% down. Am I missing something here?

[salpara111] 13/2/2014 08:50

pretty big markdown for a flat trading statement, the FTSE being down clearly does not help matters.

[maurillac] 13/2/2014 08:46

600 nyb ?? my mornings bad enough already ;)
m

[abcd1234] 13/2/2014 08:41

overdone on the drop at 840am ??

[ny boy] 13/2/2014 08:40

Nice fall, looking to buy on chart technicals around 600p for a long term hold

[maurillac] 13/2/2014 08:38

market not impressed ! did you get out before today phil ? if so well done.
m