STARBUCKS ' coffee getting hot now?

BERHAD
General Meetings: Notice of Meeting
52049
Indication: Notice of Meeting
Description: Notice of the Thirteenth Annual General Meeting ("13th AGM") of
Berjaya Food Berhad. The 13th AGM will be conducted on a virtual basis and
entirely via Remote Participation and Voting Facilities
Date of Meeting: 14/12/2022
Time of Meeting: 10:00 AM
Venue: Broadcast Venue: Manhattan V, Level 14,Berjaya Times Square Hotel Kuala
Lumpur,No. 1, Jalan Imbi,55100 Kuala LumpurMalaysia
Date of General Meeting Record of Depositors: 07/12/2022
Outcome of Meeting:

You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

26/10/2022   05:22 PM


Ref Code: 202210263000158

GM to declare last quarter Dividend.

after a nice cup of Starbucks now back to action??

BJFOOD??

Aminvest' new BJFOOD TP RM1.03 is the same as their TP 5.15 for BJFOOD before
bonus 4:1.

AMINVEST : BJFOOD NEW XBONUS TP IS RM1.03
20.09 22

uni president story over??

New Target x bonus n xd? Anyone??

I read a Report recently which states that drinking coffee in the morning is good as it stimulates faster METABOLISM in our body n thus can burn fat faster than other physical activities.....good news for people who cannot do strenuous activities to reduce fat or body weight .
True or not TRUE??
Nothing to lose Trying as Coffee is good.
I try to get back the video on coffee for all to watch.

Black coffee is steaming hot n nice

Corporate Balancing n Strategy Game??

BJFOOD shares buy back

Just wait n watch the Sword fights if there’s one soon!

But majority BJFOOD shares under lock in strongroom under VT’s hawk eyes! How to takeover friend!?

Serving starbuck coffee n Baquette bread tomorrow! Yes??

BJFOOD bettered position to ride out the inflation storm

Investment Highlights

We maintain our BUY call on Berjaya Food (BFood) with a higher DCF-derived fair value (FV) (WACC: 8.7% and terminal growth rate: 1%) of RM5.05/share (from RM3.30/share previously), based on revised earnings. Our FV implies 14.5x PE, based on FY23F EPS.
We are revising our earnings forecasts upwards by 34% for FY22F, 42% for FY23F and 51% for FY24F after imputing more bullish sales and margin assumptions. Starbucks Malaysia’s earnings, which account for 96% of BFood’s FY22F net profit, are expected to remain resilient, underpinned by high customer retention rates and effectiveness of the company’s strategy in generating consumer interest through switching outlet formats, leveraging third-party delivery services, and change in customers’ loyalty reward programme.
Following the earnings revision, BFood is now our sector’s top pick. Leveraging on Starbucks’ strong brand equity, we believe BFood is relatively in a better position to compete in retaining consumers’ share of wallet under the current inflationary environment compared to its peers. In addition, Starbucks’ target audience of middle to high-income groups are likely to be more sticky given their bigger discretionary income buffer and more resilient spending habits to offset rising costs of living.
To fight against rising raw material prices, BFood is taking a different approach compared to its peers. Instead of passing the additional costs to end-consumers, the company is actively improving its product portfolio by pushing higher-margin products and widening offerings.
Anecdotally, Starbucks Malaysia appears to be running more aggressive marketing campaigns on promoting seasonal blended beverages which tend to have better margins. Capitalising on strong branding and customer loyalty, the brand also widened its merchandise offerings. The company is also taking active measures to diversify Kenny Rogers Roasters’ (KRR) offerings by reducing its heavy exposure to one single cost item i.e. chicken.
The group’s new venture, Paris Baguette’s earnings contribution is expected to be immaterial in the near-term as it goes through a gestation period. Pending the completion of SPC Group’s distribution facility in Johor (estimated in June 2023), we believe the bakery chain stores will likely have to import its key raw materials and this may limit its near-term earnings upside potential.
Nevertheless, we believe that Paris Baguette is a positive addition as it will help to extend BFood’s potential growth runway. The group’s strategy to progressively open 5 outlets/year, or a total of 50 stores in 10 years, will avoid potential over-investment while giving local consumers an opportunity to develop an appetite for the Paris Baguette brand.
Other Key Points on Paris Baguette Joint Venture

The initial investment of RM30mil by the joint venture entity (BFood’s portion: RM15mil), will be utilised to open the first few outlets and covers the business’ operating expenses at the initial stage. The first store will be in Klang Valley and expected to commence operation by the end of 2022.



Source: AmInvest Research - 23 Jun 2022

Berjaya Food Bhd, which operates the Starbucks and Kenny Roger's Roasters franchise in Malaysia, is set to announce a joint venture (JV) with international bakery operator Paris Baguette Singapore. The JV signing ceremony is scheduled to be held next Monday (June 20) at Berjaya Times Square Hotel, according to an invite sent out to the media. (TheEdge)

What jv- paris- baguette- Singapore ??can please give some details?

Last free bonus 3-4 years ago?

5.00 tp

Still can keep??

Trading Stocks - Berjaya Food
https://klse.i3investor.com/blogs/rhbinvest/742951.jsp

Yesterday Friday was last day of trading of cum BJFOOD as Monday is a public holiday for the Agong! What u think BJFOOD will be on Tuesday xd trading??

A sweetener coming??

Brian,
Did u buy back for another round???

Coffee in Small cup starbuck = coffee in medium cup starbuck = coffee in big cup starbuck!!??
So saves money buy small cup starbuck!
Yes or No!!?

Starbuck tomorrow

Tomorrow higher??

Which can move faster at this moment??

So what next?

I think this positive BJFOOD NEWS can propel BJFOOD to greater heights. Watch tomorrow’s initial placement for early trade!

5196 BJFOOD BERJAYA FOOD BERHAD
Quarterly rpt on consolidated results for the financial period ended 31/03/2022
Quarter: 3rd Quarter
Financial Year End: 30/06/2022
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/03/2022 31/03/2021 31/03/2022 31/03/2021
RM '000 RM '000 RM '000 RM '000
1 Revenue 245,998 181,728 706,471 536,547
2 Profit/Loss Before Tax 46,262 18,211 125,551 51,987
3 Profit/(loss) attributable to ordinary equity holders of the parent 31,578 11,606 82,081 33,099
4 Net Profit/Loss For The Period 31,213 11,063 81,188 32,310
5 Basic Earnings/Loss Per Shares (sen) 8.72 3.27 22.80 9.35
6 Dividend Per Share (sen) 1.50 1.00 3.50 2.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 1.2491 1.0556
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

11/05/2022 05:52 PM

Tomorrow BJFOOD SHARES price WILL BE UP AGAIN??

Berjaya Food 3Q net profit more than doubles, declares 1.5 sen dividend
https://newswav.com/A2205_cDEXxB?s=A_z6BFhBH

Q1 Result coming?

Volume very low? Why? No more buyers??

Slowly restarting?

Technically Buy or Sell??

BJFOOD - technical Analysis

https://www.tradingview.com/symbols/MYX-BJFOOD/technicals/

Starbuck Coffee is coming!

The aroma Starbuck coffee is ready!?

Yes! Now waiting for the Customers! Where are they??

3.68 support???

U are a starbucks master! Thanks!

Big drop this morning but volume little???

Nice to share BJFOOD ‘s Forward n Future Plan :
https://www.bfm.my/podcast/morning-run/the-breakfast-grille/extra-shots-of-caffeine-boosting-berjaya-food-growth

They need some money to expand more outlets, where they will find the money n they don’t like bank loans! Rights plus sweeter Bonus issues?? Time to explore opportunities?? Yes?

Yes BJFOOD will cross into 4.00 on Monday. Any good news coming??

Yes! BJFOOD today closed at 3.93c! Tomorrow??