|
| |
Overview
Financial Highlight
HeadlinesBusiness Background Dutch Lady Milk Industries is a Malaysia-based company that produces and distributes dairy products. The company’s products include infant formula milk, growing-up milk, ultra-high-temperature processing milk, pasteurised milk, sterilised milk, family powdered milk, low-fat and zero-fat drinking yoghurt, and fruit juice drink. The products are packaged and marketed in various formats under the brand Dutch Lady. The company primarily operates domestically, but it distributes some of its products to surrounding countries in Asia and Oceania. Dutch Lady Milk Industries is owned by Royal FrieslandCampina.
  chopstick wake up act rich investors . Dlady N Nestle is moving north. enjoy yr dream profit and dividend 11/07/2024 9:41 AM CharlieM Cover Story: A fruitful 1H, with most counters in The Edge’s portfolio charting positive returns The Edge Malaysia 11 Jul 2024 Dutch Lady has been added to the list this time around as the dairy company ramps up production following the completion of its halal IR4.0 manufacturing facility DLMI@Enstek in Bandar Enstek, Negeri Sembilan. The added capacity should translate into higher revenue. Dutch Lady’s RM540 million investment in the manufacturing facility with export capacity was funded internally, and the completion of the new plant could lead to a higher dividend payout for its shareholders in the near future. In the last three financial years, the company has paid out RM32 million in net dividends, translating into dividend payout ratios of 12.9%, 69.11% and 44.2% for FY2021 to FY2023 respectively. In 1QFY2024, it reported a net profit of RM26.66 million. Annualised, this amounts to RM107 million. However, downside risks include higher accelerated depreciation from its Petaling Jaya plant and one-off costs related to the move to Bandar Enstek, fluctuating foreign exchange rates, variable commodity prices and potential shifts in regulatory frameworks. https://theedgemalaysia.com/node/717447 11/07/2024 3:25 PM dompeilee In the final analysis, I was still right in selling @ over $33 vis-a-vis NOW! 30/07/2024 3:33 PM CharlieM ASB is still selling, wait for opportunity like when EPF was selling last time. 04/08/2024 9:54 AM  calvintaneng Dlady will be impacted by 52% diesel rise eat into profit Do not catch 🔪 After breaking Rm30 it will fall to Rm25 https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-16-story-h-210439465-WHEN_BUBBLE_BURSTED_DON_T_CATCH_FALLING_KNIFE_STAY_SAFEST_IN_PALM_OIL_C 05/08/2024 11:25 AM pang72 Wow! Japanese nikkei crashing 12%... The old Japanese lady didn't show off her 1000 winning trade in Nikkie today? Hahaha....! 05/08/2024 2:35 PM rohank71 will Q2 results be bad as they have been writing down all their plant as they have moved to new plant... or will the Festival Sales is high to push sales and profit up? 06/08/2024 1:41 AM rohank71 anyone can share abt tax rate they will pay as they will a huge capital allowance and pay zero tax? 06/08/2024 1:44 AM CharlieM Dlady is a good buy long term but currently ASB is selling. Ideally you want to buy when ASB has stop selling.. 06/08/2024 9:38 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Be greedy when everyone is fearful. 11/08/2024 4:20 PM Up_down USD against RM dropped to 4.38 today. Expect gross margin would be much better in 4th Quarter QR. 19/08/2024 8:26 PM calvintaneng Be careful of 3iii or iinvestbodoh .he told all to chase Dlady over Rm73 Now dlady rebounded little yet still lost 50% So do not listen to iinvestbodoh.. Better sell dlady as Govt increased diesel tax by 52% The milk truck that transport milk by Dlady will now see higher cost So it will eat into Dlady profits Sell now and buy stocks in East Malaysia where there is no 52% diesel price hike 21/08/2024 5:20 PM calvintaneng 3iii caused investlah people to lost all their money till investlah closed shop See Iinvestbodoh = www.investlah.com 21/08/2024 5:22 PM calvintaneng dlady results out year on year profit dropped now this result reports April to June qtr and results can only get worst as June 2024 implement diesel price rise sell dlady faster as results will get from bad to worst https://www.bangkokpost.com/world/2807834/malaysia-begins-diesel-subsidy-reforms-prices-to-rise-50-monday 21/08/2024 5:48 PM rohank71 just bought yesterday... now so much of negativity by #Calvin... I see the results as very positive. even after booking a 15M accelerated depreciation, its EPS is 30 sen or else could have been 50+ sen. Did I read it wrongly? Next year no more accelerated depreciation as new factory is ready. 21/08/2024 9:06 PM CharlieM “On a like-for-like basis, operating profit excluding accelerated depreciation and one-off costs stands at RM45.2 million, reflecting a substantial 19.7% increase compared to the same quarter in 2023.” 21/08/2024 10:37 PM Up_down One off costs for relocation and dismentling of old factory is expected to incur for 3rd Qtr 24 Qtr and 4th Qtr 24. Better earnings due to RM strengthing against US will be reflected in 4th Qtr 24 for offseting final one off costs. 22/08/2024 11:30 AM Up_down In average, 40% (Intercompany purchases/Revenue) of the materials is purchased from overseas (monther company) in Holand. 22/08/2024 11:39 AM CharlieM Next year they going to build Dedicated Centralised Distribution Center. This company going to be big in 2026. 22/08/2024 2:57 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ >>> CharlieM “On a like-for-like basis, operating profit excluding accelerated depreciation and one-off costs stands at RM45.2 million, reflecting a substantial 19.7% increase compared to the same quarter in 2023.” 17 hours ago >>> This statement in the latest quarterly report shows its business operation is improving. Read Common Stocks and Uncommon Profits by Philip Fisher. In the book, he described why he loved a company that had to spend a lot of money to build up its manufacturing facilities and in the interim reported challenging earnings. Going forward, there will still be more expenses to put the whole factory in efficient operation. After that, DLady will be firing on all 4 cyclinders (hopefully ;-) ) 22/08/2024 4:22 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Many institutions sold DLady when it cut its dividends. These institutions were probably mandated to look at income in their portfolio. The reason for the cut in dividends was obvious. DLady redirected this to fund its new factory in Negri Sembilan. Remarkably, it continues to pay dividends (though diminished) and has not borrowed heavily to fund the factory. Once the factory is up and running, we can expect the dividends to increase again. But I should not be sharing this too openly as I wish for the stock price to be down since I like to buy grocery cheap. :-) 22/08/2024 4:27 PM calvintaneng please do think very carefully see two macro picture 1. In Peninsular (West Malaysia ) there is a 52% diesel price rise as such all industries will be impacted by a corresponding rise of 5% to as high as 30% these will see higher cost 1. property 2. construction 3. construction material 4.logistic that send goods by lorry or ships 5. consumer food and drink which are bulky 6. Toll road owners as lorries now see higher operation cost by 52% they will make less trip so less collections from till others 2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff so all industries related to export to USA will be hit two things will hit all a universal price rise caused by rise of diesel 52% a universal tariff by USA from 10% to 60% that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there and palm oil export is more to India and China (not USA) 23/08/2024 10:43 AM Up_down Net profit margin would be gradually recovered to the industry norm 10% from 6% existing level. It won't drag for long time since LHDN is keeping an eye on the transfer pricing policies. Haha 23/08/2024 1:57 PM CharlieM Number one rule, invest in good companies. Diesel cost affected the whole industry with physical products. So it’s a level playing field. Increased in cost is mostly transferred to consumers. For consumer staples like milk, changes in demand would be minimum. USD to MYR is down almost 10% from 4.77 to 4.37. That will translated into cost saving in the future. Dlady hedges forex 6 monthly. 23/08/2024 3:23 PM calvintaneng Until Govt Removed Subsidy for Diesel Now Diesel up 52% Every thing goes up by 5% to 30% due to Very High Cost of Lorry Transport Cascading down to High Cost of All Things from food to clothing to transport Ony Guy said Before Price Rise High Toyota Hilux Full Tank was Rm180 Now is Rm250 So all consumers will eat cheaper buy cheaper clothes or buy less So? Sell & switch now SOP (5126) A FANTASTIC RESULT AND A ROCK SOLID BALANCE SHEET FROM THIS PALM OIL COMPANY, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-29-story-h-153176392-SOP_5126_A_FANTASTIC_RESULT_AND_A_ROCK_SOLID_BALANCE_SHEET_FROM_THIS_PA 29/08/2024 7:55 PM calvintaneng DO NOT KEEP A STOCK WITH IMMINENT PROFIT MARGIN CONTRACTION NESTLE: WHY IT IS NOW TOO PRICEY AND MIGHT SEE PRICE FALL DOWN FURTHER, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-29-story-h-153175304-NESTLE_WHY_IT_IS_NOW_TOO_PRICEY_AND_MIGHT_SEE_PRICE_FALL_DOWN_FURTHER_C 29/08/2024 8:48 PM calvintaneng Dow Jones crashed by 600 points world market in turmoil anything can happen with boycott of KFC, McDonald and Starbuck coffee later might come to Dutch lady Since Dutch is a foreign name they might tell or people to avoid and to buy Susu lembu asli why? what happened to KFC and Starbuck can happen to "Dutch" 04/09/2024 8:37 AM  EngineeringProfit Say it if you just want to collect cheap sub 30, Calvin BIMB is all in here. And with halal cert- why worry? 04/09/2024 8:50 AM CharlieM USD is at RM4.27 now and trending down.. net profit % back to double digit? 17/09/2024 3:35 PM Up_down Don't tell the LHDN that net margin is unable to return back to at least 9% while sales increasing and RM stengthen to 4.16. LHDM won't suspect of unfair transfer pricing in intercompanies purchases and it is bad to branding. 02/10/2024 12:56 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Looking forward, the company aims for greater profitability through its new facility and expanded production capacity, potentially enhancing shareholder dividends in the years ahead 05/11/2024 4:19 PM calvintaneng This will happen Dlady is suffering from the "Law of Diminishing Return" Do more can earn even lesser INVESTING IN AN INFLATIONARY ENVIROMENT: What Are The Stocks To Avoid & The Assets to Buy, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-20-story-h474669926-INVESTING_IN_AN_INFLATIONARY_ENVIROMENT_What_Are_The_Stocks_To_Avoid_The 20/11/2024 12:35 PM  | |
