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Overview
Financial Highlight
Headlines
Business Background Apollo Food Holdings Bhd manufactures, trades in, markets, and distributes compound chocolates, chocolate confectionery products, and cakes in Malaysia. The company operates through two segments, Investment Holding; and Manufacturing, Marketing, and Distribution. Its products include chocolate wafer products, layer cakes, chocolate layer cakes, and Swiss roll products. Its primary geographic markets are Malaysia, Asian (excluding Malaysia) and Others. Its subsidiaries include Apollo Food Industries (M) Sdn Bhd, which is engaged in manufacture and trading in compound chocolates, chocolate confectionery products, and cakes, and Hap Huat Food Industries Sdn Bhd, which is an investment holding company.
  ys2k been monitoring this stock for years still didnt buy due to the revenue going downtrend since 2013 until now, last result get about the same revenue compare to last year, and net profit dropped almost 45% year over year. quarter profit sometime go higher and sometime go lower on raw material price, currency exchange, cost operation and etc... from the business model we can conclude the business is steady but didn't growth (constantly revenue maintain around 220m for past 5 years). with current price RM5 and PE22 which i would assume the current price is fully reflected with latest financial result. to me it is still expensive to give high PE on no-growth company. people who like to collect dividend might like this stock because it giving 5% dividend. despite management given 25cents dividend since year 2013, we also need to consider whether how high chance would this company doing better in future? That is another question to answer what is the main barrier the revenue been constantly maintain about the same since 5 years ago? How would it be different in next coming year? 27/06/2017 11:46 PM ys2k there is one more note in the quarter report "On 7 April 2017, Apollo Food Industries (M) Sdn Bhd (“AFI”), a wholly owned subsidiary of Apollo Food Holdings Berhad, received a Writ of Summon from Mondelez Europe GMBH (“Mondelez”), which intends to restrain AFI from selling one of their products on the basis that such product infringes the trademark product of Mondelez. Currently no court trial date has been fixed. The Directors have consulted with legal opinions, and the Directors are of the view that other than legal professional consultancy fees incurred, the financial impact that may affect to the Group is currently unknown and the Directors are not aware of any contractual obligation, guarantee or otherwise which may the Group by the result of this litigation" The thing surprise me is that it didn't publish in Bursa's company announcement, i wonder whether is this 'legal' not to announce it earlier. Can anyone tell me? tks! 28/06/2017 12:21 AM  Fuzzycats ys2k →there is one more note in the quarter report "On 7 April 2017, Apollo Food Industries (M) Sdn Bhd (“AFI”), a wholly owned subsidiary of Apollo Food Holdings Berhad, received a Writ of Summon from Mondelez Europe GMBH (“Mondelez”), which intends to restrain AFI from selling one of their products on the basis that such product infringes the trademark product of Mondelez. Currently no court trial date has been fixed. The Directors have consulted with legal opinions, and the Directors are of the view that other than legal professional consultancy fees incurred, the financial impact that may affect to the Group is currently unknown and the Directors are not aware of any contractual obligation, guarantee or otherwise which may the Group by the result of this litigation" The thing surprise me is that it didn't publish in Bursa's company announcement, i wonder whether is this 'legal' not to announce it earlier. Can anyone tell me? tks! 28/06/2017 00:21 pussycats → wow thanks ys2k for this info. May l know where u get this info? 28/06/2017 6:44 AM sheldon Bad results - they claim that cost of raw materials has gone up. As far as I know, commodity prices like sugar and CPO have trended down a lot. May be it's the dollar climb that has impoverished all of us - TQ politicians! 28/06/2017 3:42 PM sheldon Buy at today's price of 5.10 & stand to make an annual dividend yield of 9.8% - Is this not good enough?? 06/07/2017 11:05 AM ckkhen Posted by sheldon > Jul 6, 2017 11:05 AM | Report Abuse Buy at today's price of 5.10 & stand to make an annual dividend yield of 9.8% - Is this not good enough?? At 5.10 with dividend of 25sen, dividend yield is 0.25/5.10% = 4.90% 06/07/2017 11:12 AM sheldon Posted by ckkhen - At 5.10 with dividend of 25sen, dividend yield is 0.25/5.10% = 4.90% Don't forget that since dividend is paid in 6 months and yield is expressed on a per annum basis, hence 4.9 x 2 = 9.8% 06/07/2017 3:54 PM sheldon A weak MYR is supposed to be good for Apollo. Extract of 31 Oct 2015 quarterly .... "The Group’s pre-tax profit for the current quarter ended 31 October 2015 has increased by RM7.468 million to RM14.491 million from RM7.023 million in the quarter ended 31 October 2014. The increase in net profit was due to foreign exchange gain on the depreciation of Ringgit Malaysia against USD dollar." But now it's singing a different tune. Extract of the latest quarterly .... The Group’s pre-tax profit had decreased by RM1.499 million from RM5.756 million in the preceding quarter to RM4.257 million in this quarter. This was mainly due to higher operating costs and lower foreign exchange gain incurred in this quarter. 07/07/2017 9:51 AM ys2k sheldon, the dividend is paid in 6 months, doesn't mean you will get it twice in a year. Example: Announced date: 23 Jun 2017 Ex Date: 08-Dec-2017 That is assuming you hold it until 08-dec to entitled the dividend. Once you get the dividend, most likely you will get your next dividend on next year 08-Dec-2018. If you look at the dividend history, the dividend is only distributed once a year https://klse.i3investor.com/servlets/stk/annent/6432.jsp DY 4.90% is the correct figure. 10/07/2017 10:35 AM sheldon We can agree to disagree but my finance background tells me that money has a time value and yields are by convention expressed on a per year basis. 10/07/2017 3:24 PM sheldon Amanah Saham Bumi has been disposing off chunks. Do they need the cash or have they lost faith in Apollo? 14/07/2017 3:12 PM sheldon Maybe ASB needs the money. If that's the case then it's a good buy as down trend of price is not due to concerns about performance. The next quarterly should shed more light into this matter. 19/12/2017 4:00 PM missyii Appolo can futher up...just remember the first shutle to moon was named after apolo..hahaa 20/12/2017 9:37 AM mf www.astroawani.com/berita-malaysia/majikan-wajib-bayar-levi-pekerja-asing-bermula-1-januari-163497 20/12/2017 8:55 PM sheldon 31-Oct-17 - 4.77 31-Jul-17 - 4.70 30-Apr-17 - 3.38 31-Jan-17 - 6.43 31-Oct-16 - 5.37 31-Jul-16 7.12 30-Apr-16 - 2.14 31-Jan-16 - 9.01 The compilation of quarterly EPS above indicates gradual improvement over the last 3 quarters. At least it's still in positive territory. 31/12/2017 4:11 PM sheldon Corston Smith Asset Management's Datuk Shireen - has been appointed non-independent director. Oddly though I don't see the fund's name in the top 30 largest shareholders 05/02/2018 9:56 AM mrinvestor12 http://www.mrinvestor12.com/2018/01/apollo-food-holdings-bhd-6432.html 14/02/2018 3:23 PM sheldon declining every quarter and the management keeps repeating the same story i.e. increased cost of raw materials. They said in the past that they will increase automation to lower cost but looks like getting worse. 29/03/2018 10:07 AM lsj89 dividend yield 4.6% for current price, seemed to the good timing for entry, i think i should just stick to maybank instead 22/07/2018 12:10 AM EatCoconutCanWin fXXk off la apollo, dont came top loser kacau kacau and then close green. 29/10/2018 2:17 PM mrinvestor12 after one year the assumptions in this article is still valid... the declining trend in dividends from apollo.. https://www.mrinvestor12.com/2018/01/apollo-food-holdings-bhd-6432.html 17/01/2019 4:17 PM  YAPSS Day 56 of Fundamental Daily, YAPSS will be covering Apollo Food Holdings Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #ApolloFoodHoldingsBerhad Click the on the link to find out more: https://youtu.be/QT1jcW9EAjk 28/04/2019 7:30 PM  James Ng https://klse.i3investor.com/blogs/general/204566.jsp [转贴] [APOLLO FOOD HOLDINGS BHD：通过实施审慎措施及提高营运效率以维持盈利能力来维持市场地位] - James的股票投资James Share Investing 30/04/2019 12:18 PM chkhooju Everywhere you go you are shouting TP 1.00. What authority do you have? Who the heck are you? You sound stupid. Perhaps you are really STUPID. If you're really that stupid, don't let people know that you are stupid. That's the stupidest thing to do. Damn you! 13/05/2019 8:53 AM  |
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