Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-04-04 17:48 | Report Abuse

F&N

Its share price climbed slowly over many years, reaching a peak price of RM 38 in June 2018.

From then, it fell to its lowest of RM 20 in October 2022.

Today, it is at about RM 30+.


How do you buy or sell F&N?

Quality: Great (growing)
Management: Great
Valuation:

Buy and hold for the long term.
Buy when it is obviously low.
Do not have to sell when it is obviously high.

In the long term, your investment in F&N will be fine.

Posted by KingKKK > 2024-04-06 08:21 | Report Abuse

CONSUMER Sector (KingKKK) - Unveiling Potential Q2 Stars: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-06-story-h-184609490-CONSUMER_Sector_KingKKK_Unveiling_Potential_Q2_Stars_APOLLO_DLADY_SPRIT

Posted by MULTIEVER > 2024-04-07 16:24 | Report Abuse

what happen har? tan sri and puan sri move their share into new holding company?

Posted by KingKKK > 2024-04-24 15:48 | Report Abuse

CONSUMER sector: Malaysia's Dividend Darlings? (KingKKK): Top 10 Stocks to Weather the Storm. APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-24-story-h-182882795-Malaysia_s_Dividend_Darlings_Top_10_Consumer_Stocks_to_Weather_the_Stor

Posted by MULTIEVER > 2024-04-30 19:50 | Report Abuse

expected, F&N delievered Good result again!

CNY and Raya Sales fall in the same quarter, com-lan-firm earning
Huat ah!

Posted by MULTIEVER > 2024-04-30 20:04 | Report Abuse

even though this counter is already on fair valuation but personally think it have slight discount as it still got gap to climb back to previous height.


The Next big play is fresh milk farm. we shall see another engine to carry F&N to compete with nestle and DL

Posted by Brutus > 2024-04-30 20:29 | Report Abuse

Good set of results. Increased dividend payout, nice!

Posted by KingKKK > 2024-05-03 07:53 | Report Abuse

CONSUMER Sector (KingKKK): Top Beneficiary of 13% Pay Bump for Government Workers? Stock price reaction on 10 stocks: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-05-02-story-h-182019848-CONSUMER_Sector_KingKKK_Top_Beneficiary_of_13_Pay_Bump_for_Government_W

Posted by PassionateInvestor > 2024-05-03 10:43 | Report Abuse

F&N have always been competing with Nestle and DL on reconstituted "fresh" milk under the Farmhouse brand. They are actually now moving one level up to have locally produced fresh milk which means they'll compete with Farm Fresh which has been grabbing alot of market share in this segment lately.

Posted by MULTIEVER > 2024-05-06 13:42 | Report Abuse

@PassionateInvestor

F&N punya milk is "UHT Fresh milk" this same to DL and nestle.

the so called "UHT Fresh milk" means "UHT", they just misleading ppl only.

here is the chatgpt punya input that i asked the diferences between "UHT Fresh Milk" vs "UHT Milk"

The terms "UHT milk" and "UHT fresh milk" might sound similar, but they actually refer to slightly different products.

UHT Milk (Ultra-High Temperature): This type of milk has been processed using a technique called ultra-high temperature (UHT) pasteurization. In this process, the milk is heated to a very high temperature for a short period of time to kill bacteria and extend its shelf life. UHT milk can be stored at room temperature before opening and typically has a longer shelf life compared to traditional pasteurized milk. It is often labeled simply as "UHT milk."
UHT Fresh Milk: This term can be a bit misleading because UHT milk is not technically "fresh" in the traditional sense. However, some brands may use the term "UHT fresh milk" to emphasize that their UHT milk is of high quality and has a taste and texture similar to fresh milk. Essentially, "UHT fresh milk" is UHT-treated milk marketed to evoke the idea of freshness.
So, while both "UHT milk" and "UHT fresh milk" have undergone the UHT pasteurization process, the latter may be marketed as having qualities closer to fresh milk. However, it's essential to check the label and description to understand the specific characteristics of each product.

Posted by MULTIEVER > 2024-05-06 13:45 | Report Abuse

Just in case u have wonder what so different between "fresh milk" vs "UHT milk"
here got some clip explained

https://www.youtube.com/watch?v=so1ymRyeJV0&ab_channel=%E4%BE%9D%E5%A9%B7YeTing

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 weeks ago | Report Abuse

Group operating profit for Q4 FY2024 declined by 27.9% to RM119.9 million (Q4 FY2023: RM166.2
million) attributed to start-up costs from our integrated dairy farm, restructuring costs, unrealised
foreign exchange losses and lower profit contribution from F&B Thailand. This decline was partly
offset by a higher profit contribution from F&B Malaysia

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 weeks ago | Report Abuse

Term loan of RM100,000,000
On 25 July 2022, a subsidiary of the Company, DSSB was granted a term loan of RM100,000,000
with a tenure of up to seven years from the date of the first drawdown of the facility. DSSB had made
full drawdown of the term loan on 22 August 2022. The proceeds from this term loan were used to
partially finance the acquisition of Ladang Permai Damai Sdn Bhd. The term loan is subject to floating
interest rates ranging from 5.02% to 5.27% (2023: 3.95% to 5.09%) per annum. As at 30 September
2024, the outstanding term loan amounted to RM96,000,000 (2023:RM100,000,000).

Posted by ArianaGoh > 2 weeks ago | Report Abuse

Fraser & Neave Holdings Bhd (F&N) expects the company’s first batch of cows to only arrive in six to 12 months following the cancellation of the permit to import 2,500 US-bred cows by the government as a precautionary move following an outbreak of avian flu.

F&N’s chief executive officer Lim Yew Hoe said in a briefing to analysts and the media yesterday that the company’s plans to diversify into the production of fresh milk will not be deterred as it would continue to develop the 2,726ha of land in Gemas, Negri Sembilan into an integrated dairy farm.

F&N has spent RM1.4bil of the RM2bil allocated for the first phase of the project.

The second phase would involve a further RM1bil in spending. The company plans to produce up to 200 million litres of milk annually from 20,000 cows as well as produce beef, and corn for animal feed, as part of its diversification when the farm becomes fully operational.

The company expects to produce up to 100 million litres of milk from the first phase.

Lim admitted that there would be a delay in the completion of the integrated dairy farm as the second phase would not be developed until the completion of the first phase.

He said the company would look into the matter of higher dividend payouts given that the delay of the second phase meant lower spending on the farm and higher than expected cashflow.

F&N declared a total of 63 sen per share in dividends for its financial year ended Sept 30, 2024 (FY24), after declaring a final single tier dividend of 33 sen per share and an interim dividend of 30 sen per share on Nov 5. For FY23, the company declared a total of 77 sen per share in dividends.

Lim said the company has backup plans for livestock from other sources, but the first batch will take anything from six to 12 months to arrive, with the delay of up to a year due to choppy sea conditions and soaring temperatures from April to September in this part of the world that can badly affect the cows.

He said the company was looking into alternative sources from which to import the cows, and that the cows must have the genomic traits that the cows the company ordered from the US have.

The company would also continue to liaise with the government over the matter of future contagion events and how to mitigate the risks.

The company would continue to develop the first phase of the integrated dairy farm and also start the planting of corn for animal feed in December, which should be ready for harvesting next April.

The cows should have animal feed ready for consumption by July, which Lim said would help lower the farm’s operating costs.

He also said that from the 100 million litres of milk expected to be produced from the first phase, up to 20 million litres would be supplied to F&N’s plant in the Suvannaphum Special Economic Zone in Cambodia and another 10 million litres to 15 million litres to Singapore as bulk supply to be packed in the company’s Tuas plant. The remainder would go towards domestic consumption.

On the matter of the excise duty on sugar-sweetened beverages, which would be increased to 90 sen per litre from 40 sen per litre, next year for beverages containing more than five grammes of sugar per 100ml announced under Budget 2025, Lim said the impact would be minimal and the company would try to absorb the cost.

The range of products that cross the sugar threshold contributes less than 1% in terms of sales and include the energy drink Ranger, F&N Teh Tarik and Magnolia Sterilised Milk.

Lim said the company would be looking into how to improve recipes and formulas to lower the sugar volume.

Posted by dam82 > 1 week ago | Report Abuse

Waiting patiently to add soon more …hope will go down further