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5 comment(s). Last comment by skoh888 2022-06-05 17:01
Posted by skoh888 > 2022-06-03 11:31 | Report Abuse
F&B stocks still shining today led by BJFood and Powerroot....Kawan Food also moving today
Posted by dragon328 > 2022-06-04 10:31 | Report Abuse
skph888, thanks for sharing. But what F&B business is Rex exactly in?
Any sign of its business registering good growth?
Posted by skoh888 > 2022-06-05 16:58 | Report Abuse
Hi dragon328, I believe Rex is in the canned food and beverages segment with the majority of the target market being the B40 income segment which explains the poor margins that they have
Posted by skoh888 > 2022-06-05 17:01 | Report Abuse
However the big catalyst I see is that they are most likely going to into higher margin products going forward as well as the high possibility of raising their existing product prices soon. I also see more M&A activity happening in this sector as witnessed by the recent Cocoaland privatization plan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by skoh888 > 2022-06-02 19:12 | Report Abuse
https://www.theedgemarkets.com/article/prices-fb-goods-rise-amid-cost-pressure