Last Price Today's Change   Day's Range   Trading Volume
0.85   +0.035 (4.29%)  0.83 - 0.87  2,158,400
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General Meeting

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Ann. Date Date Time Type Venue View
27-Apr-2017 20-Jun-2017 11:00 AGM Atlanta East Level 3, Hotel Armada Petaling Jaya Lot 6, Lorong Utara C Section 52 46200 Petaling Jaya Selangor Darul Ehsan Meeting Detail
26-Apr-2018 19-Jun-2018 11:00 AGM Atlanta East Level 3, Hotel Armada Petaling Jaya Lot 6, Lorong Utara C Section 52 46200 Petaling Jaya Selangor Darul Ehsan Meeting Detail
19-Nov-2018 12-Dec-2018 10:00 EGM Arcadia III, Level 3, Hotel Armada Petaling Jaya, Lot 6, Lorong Utara C, Section 52, 46200 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
25-Apr-2019 18-Jun-2019 11:00 AGM Atlanta East Level 3, Hotel Armada Petaling Jaya Lot 6, Lorong Utara C Section 52 46200 Petaling Jaya Selangor Darul Ehsan Meeting Detail
06-May-2020 16-Jun-2020 10:00 General Atlanta East, Level 3, Hotel Armada Petaling Jaya Lot 6, Lorong Utara C, Section 52 46200 Petaling Jaya Selangor Darul Ehsan Meeting Detail
29-May-2020 16-Jun-2020 11:00 Extraordinary Atlanta East, Level 3, Hotel Armada Petaling Jaya Lot 6, Lorong Utara C, Section 52 46200 Petaling Jaya Selangor Darul Ehsan Meeting Detail
13-Jan-2021 18-Jan-2021 10:00 Extraordinary Lot 18A, Jalan 241, Seksyen 51A 46100 Petaling Jaya Selangor Darul Ehsan Meeting Detail
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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
dompeilee Speculatively bought Rhonema
03/12/2020 3:26 PM
14/12/2020 7:58 PM
satha44 Will buy and keep for the warrants...
31/12/2020 8:29 AM
anarchysons RHONEMA - New milk company in town riding on huge demand

- On July 1, 2020, Rhone Ma completed the acquisition of a 49% stake in in One Lazuli Sdn Bhd (OLSB), Nor Lazuli Nutrition Sdn Bhd (NLN) and Nor Livestock Farm Sdn Bhd respectively.

- Going forward, the new businesses would deliver 25% or more of the net profits of the group.

- OLSB is principally involved in the wholesale and distribution of pharmaceutical and veterinary products including animal feed. Its products largely cater to the ruminant segment.

- NLN is principally involved in the manufacturing, wholesale and distribution of livestock feed and other related products. Its animal feed products are mainly for the consumption by ruminants.

- NLF is principally involved in the business of livestock. With the acquisition of NLF, Rhonema is able to gain immediate entry into the dairy segment. NLF’s dairy farm currently produces A2 cow’s milk.

- The coming fourth quarter earnings should reflect some of the contribution from the milk business.

- Meanwhile, FY21 will likely see the full inclusion of the new businesses.

- If we were to follow the profit guarantee figures (and those were based before it acquired its second batch of cows), there should be an addition of RM1mil to its bottom line at the very minimum.

- Meanwhile, Rhone Ma’s group managing director Dr Lim Ban Keong has been consistently buying Rhone Ma shares throughout this year.

- His last date of buying was up to Dec 10, 2020, where he has now accumulated a stake of 46.65%.

- On Nov 25, Rhone Ma told Bursa that it was proposing the issuance of up to 80.34mil free warrants. The warrants are on the basis of two warrants for every five existing Rhone Ma shares held by entitled shareholders on the entitled date.

- These warrants will be for free. This is a bonus issue, and not a rights issue.

- In Rhone Ma’s circular to shareholders on Dec 31, 2020, for illustrative purposes only, the exercise price is assumed at 70 sen per warrant.
19/01/2021 9:13 AM
GorengHealthcare Rhonema 精神。。Good Omen
19/01/2021 10:32 AM
Peace99 One of the things I like about Rhonema is the milk business. Milk is so expensive in Malaysia/Singapore, not many ppl can afford it. So good to be able to support this business....make milk more affordable and at the same time I also gain mah!
21/01/2021 12:42 AM
Peace99 Good, it's moving upwards. Exercise Price of warrant is 70sen, so will subscribe!
22/01/2021 11:49 PM

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