Embotelladora Andina SA (ADR) (NYSE:AKO-A)

Coke will continue to expand in South America and these guys will reap the rewards

Not a lot of coverage on this growing south american bottler so I thought I'd add.
3rd quarter filings can be found here: http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7206199

Sales volume up 7.6% with Juice, Water, and Beer segments up a combined 33.7% (Water sales account for most of the increase)
13.8% increase in Net Sales, partially offset by negative devaluation of Argentine Peso
Operating income = 16.9%, Margin = 14.5%, Q3 EBITDA up 12.3% Gross Q3 profit up 14.3%.
EPS = 24.1 (up from 23.9)

Argentina was weakest market, with good numbers from both Brazil and Chile.
Cost of sales rose 5.3% due to increase costs of PET resin prices, cost of sugar, Argentine Peso devaluation, and Argentine labor costs

Hopefully more people will start covering the company soon. Shares up over 50% in the past year.

Sure!

It looks like it has a relatively low PE ratio, it sells Coke, Motley Fool loves it. They've been growing their earnings recently and I'm not too concerned about the recent earthquake hurting their long term earnings.

Monopoly. Coke could buy them. High dividend. Growing population. Risk free.

Was picked by Forbes Guru group for international investing stocks. EV/EBITDA ratio of 6.4 and a dividend to boot.

im going to drink coke in the next 5 years, so do millions of people around the world, no reason this won't work out.

dont blow this next opportunity..

This one has even better ratios than Femsa. It's a save bet on the South-American economy: If the economy thrives, more people will drinke Coke - you don't have to make bets on unknown South-American companys. And it's a great price, even for a stalwart.

There are still two point unclear for me: First: The weak performance with extremly low margins around 2000-2002 (political issues? expansion?).

Second: What's wrong with the Class-B Shares? Maybe I just don't get it - but why not prefer them (hey, aren't they called "preferred"... And these are not convertibles, just more dividends and less voting rights: What do I care?) - Bill didn't even mentioned them.

It looks like it's trending downward in the short term, but this seems to be a solid company that people, including TMFBent, like. South American beverages.

Strong company at about a 2-year low.

bottler and distributor of Coca Cola and other drinks in Argentina, Brazil, and Chile

Consistent profit growth over the last three years, Soft drinks are big in emerging markets and the chilean economy has had sold growth over the last few years. Crazy presidents and instability in Bolivia Argentina and Paraguay will likely make AKO a main player in the regional market

Embotelladora Andina SA (ADR) or AKO-A The way I look at it is, the language is Spanish, you don't drink the water in Mexico, nor most of the other South American countries. Drink the Soda that is where its at. The company is also turning a profit. My motto .....I'll try anything once!

beaten down soda bottler 20%+ on no news, nice yield while the market return to realize its value

I don't know, just starting learning

bent/statsgeek

Bent I love you !

mj