Malaysians would be familiar with Julie’s peanut butter sandwich biscuits and Hup Seng Ping Pong Cream Crackers. The conveniently packed cookies can be easily carried and snacked on at any time. Now you can have alternative choices which is Zess product from Oriental Food Holdings Berhad.
 

Do you know that ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD has made a strong comeback yesterday?

Solid Performance

Food Industry

Recession proof "staple" items like food, beverages which are investors safe heaven to park their money in.

New Product Pipeline

Strong growth from biscuits venturing that caused the rise of EPS. The group expect the coming quarter will be good and satisfactorily. OFI were most lower PE compared to peers like Apollo and Hup Seng. The company doing an expansion with the new acquisition of machinery. Don’t forget the current EPS were 2.13cents. With this, the share price could go potential back to RM1.10. Potential upside 37.5%.

Peer Valuations

Adopted from: http://www.theedgemarkets.com/article/oriental-food-seeks-growth-biscuit-venture

Don’t miss the boat!