We see Del Monte ketchup and canned fruit everywhere, including in Singapore. But don't get too excited. The Del Monte empire is enormously fragmented. The same brand name is used by non-affiliated companies operating in separate regions.
TURNAROUND plays are tough to figure out. Many frogs have been kissed but still remain frogs. Strong companies tend to stay strong. Weak ones tend to stay in the dumps.
This general statement might also apply to the consumer staples space. We all want to own, for cheap, a Nestle or...