Highlights
KLSE: RHONEMA (5278)       RHONE MA HOLDINGS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.635   +0.005 (0.79%)  0.635 - 0.635  16,000
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Overview

Market Cap: 128 Million
NOSH: 201 Million
Avg Volume (4 weeks):94,625
4 Weeks Range:0.595 - 0.645
4 Weeks Price Volatility (%):
80.00%
52 Weeks Range:0.57 - 0.74
52 Weeks Price Volatility (%):
38.24%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  17-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  25-Feb-2021
T4Q P/E | EY: 18.51  |  5.40%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.6  |  1.06
T4Q NP Margin | ROE: 5.41%  |  5.72%

Headlines

Date Subject
16-Jun-2020 龙马业绩释放什么讯息?
24-Feb-2020 PublicInvest Research Headlines - 24 Feb 2020

Business Background

Rhone Ma Holdings Bhd is an animal health solution provider. It offers animal health services as well as the manufacturing and distribution of animal health products. The operating segments of the group are Animal health products; Food ingredients and Others. Animal health products segment include marketing, trading, distribution and manufacturing of animal health products and undertaking research and development activities related to animal health, food safety and agriculture in animal health products. The animal health products offered include vaccines, pharmaceuticals, and feed additives. It is also involved in the distribution and supply of food ingredients. The organization operates in Malaysia and internationally and generates maximum revenue from the Animal health products segment.
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zaito Bought today good counter
05/06/2017 11:50 PM
Pohhong FYI it will see at least 1.50 in june.
07/06/2017 1:55 PM
Patron ^ pohhong san you have any insiders ah? can share bo ?
07/06/2017 2:15 PM
Pohhong Not convenience to talk in open. No blame no thanks end of the days.
07/06/2017 5:36 PM
tuantay Hi Poh Hong. Nice to heard from u again. Anyway my early source also mentioned will see at least 1.50 in june but don't want to disclose any support information
07/06/2017 9:31 PM
Patron June 20 AGM. Hopefully it will go up. Read somewhere 90% of rhonema's materials are imported. Strong ringgit should benefit the company .
07/06/2017 10:27 PM
Pohhong Everybody happy got dividen without discounted price?
22/06/2017 9:30 PM
woulong this cow is sick
11/07/2017 4:54 PM
cg123 lol
16/07/2017 9:28 AM
woulong Technically very weak, no buyers to support, day by day sellers selling down.
Where has the Doctor gone to?
16/07/2017 6:50 PM
Patron http://www.sinchew.com.my/node/1663237/%E4%B8%BB%E6%94%BB%E5%9B%BD%E5%86%85%E7%A6%BD%E7%95%9C%E4%B8%9A%EF%BC%8E%E9%BE%99%E9%A9%AC%E8%B7%83%E6%8C%81%E7%BB%AD%E6%88%90%E9%95%BF
17/07/2017 12:00 PM
woulong don't be surprised prices are on the way to look for lower low.
17/07/2017 5:35 PM
woulong 哈哈哈!small boys bombing attack, lower low now, sikit sikit sudah jadi sakit.
26/07/2017 9:40 AM
Patron short squeeze
28/07/2017 4:56 PM
ahlengs 1.28 d
24/08/2017 12:09 PM
ahlengs TP 1.80
24/08/2017 12:09 PM
dandelion useless counter. saja one time show.
25/09/2017 10:55 PM
Share2stock ya lor, no more show..
28/09/2017 5:32 PM
Share2stock Alamak!! 0.98 now... what happened?
04/10/2017 2:49 PM
ampabella Chicken feed
04/10/2017 9:06 PM
ahlengs what happen to rhone ma???
16/10/2017 11:39 AM
saydon Any bad news?
16/10/2017 12:04 PM
soros90 rebounding?
19/10/2017 4:27 PM
Share2stock What's the bad news?
20/10/2017 6:14 PM
7skies alright tapau @ .91 .92! buy2 sumore bro
25/10/2017 5:59 PM
soros90 Results quite decent but share price come down?
23/11/2017 3:07 PM
Chansey Maybe big shark shaking people out before action
23/11/2017 3:10 PM
soros90 That means can buy?
23/11/2017 3:21 PM
Chansey The Board of Directors of RMH (“Board”) wishes to announce that Rhone Ma Malaysia Sdn Bhd (“RMM”), a subsidiary of RMH, had on 12 December 2017, received a signed amendment dated 8 December 2017 to the distribution agreement dated 7 November 2000 between RMM and Merial (as amended on 31 July 2001, 31 January 2003, 6 June 2003 and 23 July 2014) to replace the current products list with a new products list which excludes swine, poultry, ruminant and veterinary public health products (“Excluded Products”) (“Amendment”).

Currently, RMM is the distributor of Merial products comprising products for swine, poultry, ruminant and companion animals as well as veterinary public health products. Pursuant to the Amendment, RMM will continue to distribute companion animal products of Merial. In respect of the Excluded Products, Merial or its affiliate or any nominated designated third party shall be entitled in its sole discretion to repurchase the remaining inventory of the Excluded Products in the possession of RMM which meets the criteria specified in the Amendment.

In the event where Merial decided not to repurchase the Excluded Products, Merial shall inform RMM in writing and RMM shall use its best efforts:

(i) to sell all remaining inventory of the excluded swine, veterinary public health and ruminant products for the period up to 31 December 2017; and

(ii) to sell all remaining inventory of the excluded poultry products for the period up to 30 March 2018.

Notwithstanding the above, in the event that RMM, despite its best efforts, is not able to sell the remaining inventory as stated in (i) and (ii) above, Merial or its affiliate or any nominated designated third party shall have the sole discretion to purchase the remaining unsold inventory of the Excluded Products in the possession of RMM which meets the criteria specified in the Amendment at the price in accordance with the product list annexed to the Amendment.

In addition, RMM shall, as required and/or when requested by Merial, continue importation and sell the Excluded Products as annexed to the Amendment, up to when the marketing authorisation and/or all regulatory assignments and product registrations for the Excluded Products are successfully transferred to Merial and/or to its nominated third party.

The Amendment is not expected to have any material impact on the earnings of the Group for the financial year ending 31 December 2017 but is expected to have a negative financial impact to the Group for the financial year ending 31 December 2018 as the sale of the Excluded Products supplied by Merial collectively contributed approximately 31.54% and 47.77% of the total revenue and profit before taxation (excluding the one-off charge of listing expenses which amounted to approximately RM4.14 million) of the Group for the financial year ended 31 December 2016, respectively.

Notwithstanding the above, the Board is of the view that the negative financial impact would be mitigated by the following:

(i) the Company will explore options with other major international suppliers of animal health products for the distribution of their products for poultry, swine and ruminants;

(ii) the sales and marketing team will increase their efforts to market and sell other products particularly the in-house manufactured products; and

(iii) the Company will enhance its sales and marketing efforts to expand its market share in regional markets which have growth potential.

The Company also anticipates that upon the completion and operation of its new warehouse and GMP-compliant plant, the Company will be able to increase the volume of production and sales of its own animal health products.

This announcement is dated 12 December 2017.
12/12/2017 1:14 PM
Chansey Habis. Looks like they lost a major part of their revenue stream.
12/12/2017 1:17 PM
Alex Shee yes,let's see how the management solve this problem.
12/12/2017 9:45 PM
Striker90 why losing distribution agreement is the point that not been discussed, how come lose it if perform well? hmm
13/12/2017 1:18 AM
Alex Shee the France company("Merial") had been acquired by other big company this year. Maybe they are doing internal consolidation
14/12/2017 4:39 PM
Share2stock so, it seems they are just a distributor? That means the principal can terminate anytime? The question is, will there be more termination from other principal?
18/12/2017 10:42 PM
jady that's major principal they lost, 31.54% of revenue and 47.77% of profit next year
20/12/2017 3:36 PM
GenghisHoe Hi Jady, how do you derive at 31.54% of revenue and 47.77% of profit?
24/12/2017 10:50 AM
Striker90 It was return in the news, purely goreng stock. Big drop, followed by small vol push up
24/12/2017 10:53 AM
GenghisHoe Oh I see. I just saw it (written in the announcement)...

Thanks Striker90.
24/12/2017 11:21 AM
Alex Shee I still cant understand why this company can rise so much. Since the France company had been terminated their distributorship, and now Rhonema change their supplier called CEVA. How come the investors compare a super big company (Merial ranked top 5 in animal health) with CEVA. I think they may still face huge profit drop in the future.
02/01/2018 1:42 PM
Alex Shee unless they have a lot of faithful customer still willing to buy from them...
02/01/2018 1:44 PM
kyosan Chean Yeh : why not rise liao? cash in hand $35mil while borrowing $4mil only..
new plant will complete 4th qtr 2018, which will increase production capacity by 4times!..yes its 4 times!...
while new warehouse will complete on 3rd qtr 2018 , its taking 1 full year 2018 to see their full power.
02/01/2018 1:55 PM
Alex Shee kyosan, yes it is 4 times! However, the new factory only manufacture their own product. it may only can offset the losing of distributorship. I also decide to buy this company before but after Merial terminate the distributorship, it show many uncertainty.
02/01/2018 8:45 PM
DarKLoRD888999 Cheap till no ppl want but I want XD all in baby
17/10/2018 3:58 PM
DarKLoRD888999 Bonus issue @@
08/11/2018 6:57 PM
Thkent91 This is another gem in bursa. This is in fact a recession proof business.
12/03/2019 11:48 PM
Share2stock Looking at their financial result, revenue has declined more than 30% .... New factory didn't bring any meaningful return?
03/05/2019 8:50 AM
shpg22 Problem is not yet recession, business already down.
19/05/2019 6:56 PM
5471benl Something is brewing.. it’s time to accumulate
02/01/2020 9:55 AM
5471benl It’s coming, buy below 70
20/02/2020 8:50 AM
lcteh88 No trading volume after the half day. I am stuck at 0.635.
09/09/2020 12:45 PM


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