SAUDEE GROUP BERHAD

KLSE (MYR): SAUDEE (5157)

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Last Price

0.02

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.02

Trading Volume

110,000


5 people like this.

4,794 comment(s). Last comment by whistlebower99 5 days ago

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-25 16:09 | Report Abuse

penny stock finished goreng = end game , they won't goreng to let u run

RCZ2020

848 posts

Posted by RCZ2020 > 2021-07-25 16:52 | Report Abuse

What to do. Wait for the next goreng. Put it in the cold room

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-25 17:24 | Report Abuse

haha ok

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2021-07-25 21:55 | Report Abuse

minggu ni minggu relex jeee tak trade laa, busy parliment bersidang kannn hahaha

Posted by kamijiwatenang > 2021-07-26 11:57 | Report Abuse

can entry or wait first ?
tq

ZackMaz

79 posts

Posted by ZackMaz > 2021-07-26 16:13 | Report Abuse

apa lagi...hentamlaa...naik 0.30 baru mau beli kah

Posted by kamijiwatenang > 2021-07-26 17:19 | Report Abuse

baikk

Shines

2,805 posts

Posted by Shines > 2021-07-26 21:52 | Report Abuse

Please down more to 10 sen so I can buy in

Posted by risingstar21 > 2021-07-26 21:58 | Report Abuse

I wont buy this counter at all

Hee

Posted by Shines > Jul 26, 2021 9:52 PM | Report Abuse

Please down more to 10 sen so I can buy in

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:00 | Report Abuse

52 Weeks Range: 0.135 - 1.19
52 Weeks Price Volatility (%):
11.76%
Average Price Target: 0.57
Price Target Upside/Downside: +0.43

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:11 | Report Abuse

Dah dibawah harga right issue 15sen

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:15 | Report Abuse

Kenangan sedikit

On Aug 11, Mak Siew Wei was appointed as executive director of the company.



Credit: TheEdge

Mak is also a director in:

1. AT Systematization Berhad

2. Green Ocean Corporation Berhad

3. Advance Information Marketing Berhad

Mak's entry into those companies, have seen new business ventures being announced followed by big movements in their share prices.

This could be an indication of what is to come for Saudee.



Why do these new developments make Saudee interesting?

First of all, the DBT involving Tan's 53.8 million shares was done at a price of 40 sen.

Meanwhile, the open market disposal of Khoo's 20 million shares were done at 55 sen.

This means that the new shareholders cost would rougly be at 44 sen, if not higher.

Why is he paying 44 sen for a loss making and debt laden company?

As of July 31, 2020, the company was in a negative cash position of RM3.99mil.

Furthermore, the company has long term debts of RM4.98mil and short term debts of RM22.01mil.

This means the company has total debts of RM26.99mil.

Sources close to the new major shareholders say the first thing on the agenda is to pare down Saudee's huge debt as soon as possible.

"The new major shareholders want Saudee to be a zero gearing company. That's the priority before thinking about any business expansion. This will save the company lots in terest payments," said the source.

Once that is done, then the new shareholders have plans to turn the business around. They see potential in the food business, and furthermore, Saudee has already secured a few new export markets.

"With an injection of funds, Saudee's Sungai Petani plant can be ramped up, and perhaps by next year, the company will start seeing some contributions from the export markets," said the source.



Worst is Over

On a brighter note, it does appear as if the worst is over for the company.

Saudee had embarked on a huge kitchen sinking exercise, which saw the company record a loss of RM27.78mil for the nine month period to July 31, 2020.

For the third quarter alone, Saudee recorded net losses of RM19.68mil on the back of revenue of RM19.47mil.

In its filing to Bursa, Saudee said that the losses incurred in the third quarter were mainly due to the provision of allowances for slow moving inventories and the write-off of inventories amounting to RM17.40mil and RM25.40mil respectively.

Thus this also implies that the new shareholders are coming in at the tail end of Saudee's impairment and write-off exercise.

With most of the cleanup completed, it will be interesting to see whether Saudee on its own, will be able to turnaround in the coming fourth quarter results.



Moving forward

As it eyes to recover from its losses in the previous years, Saudee aims to transform itself to become the premium food manufacturer in Malaysia and in the Southeast Asian region.

According to its website, the Group is looking at:-

Embarking on an aggressive plan to expand and venture into the Middle East and European markets

Establishing a world class supply chain

Upgrading to the most modern and latest machinery and processes

Integration of information and communication technology.

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:18 | Report Abuse

dah dipulihkan kan? 3 suku tahun tak pernah rugi?

EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced QoQ% YoY% Report
0.03 0.000 0.2488 21.50m 62.00k 3 2021-04-30 31 Jul, 2021 2021-06-25 45.6% 100.3% View
0.07 0.000 0.2261 21.25m 114.00k 2 2021-01-31 31 Jul, 2021 2021-03-26 57% 101.4% View
0.17 0.000 0.2254 19.73m 265.00k 1 2020-10-31 31 Jul, 2021 2020-12-21 109.4% 16.7% View

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:19 | Report Abuse

nampaknya, normal je... tiba2 menjunam, ada udang disebalik batu ka? :) untuk renungan je

NTA 0.2488
P/B 0.56
RPS 11.67
PSR 1
Market Cap 100.0M
Shares (mil) 714.24

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:20 | Report Abuse

harga right issue 15sen , may 2021 kan?


[SAUDEE] Rights Issue on 05-May-2021
Stock [SAUDEE]: SAUDEE GROUP BHD
Announcement Date 05-May-2021
Financial Year
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021 ("RIGHTS ISSUE WITH WARRANTS")
Amount 2.0000 : 1.0000
Ex Date 20-May-2021
Entitlement Date 21-May-2021

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:22 | Report Abuse

harga right issue sentiasa 15sen tahun 2021 mahupun dulu dalam tahun 2016


harga kini 14sen... lagipun dah dipulihkan, sukar dipercayai kan?


[SAUDEE] Rights Issue on 24-Feb-2016
Stock [SAUDEE]: SAUDEE GROUP BHD
Announcement Date 24-Feb-2016
Financial Year 31-May-2016
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 30,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN SAUDEE ("SAUDEE SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY THREE (3) EXISTING SAUDEE SHARES HELD AS AT 5.00 P.M. ON 9 MARCH 2016, TOGETHER WITH UP TO 45,000,000 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF THREE (3) WARRANTS FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF SAUDEE, AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.35 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.15 PER RIGHTS SHARE IS TO BE CAPITALISED FROM THE COMPANYS RETAINED PROFITS ("TWO-CALL RIGHTS ISSUE")
Amount 1 : 3
Ex Date 07-Mar-2016
Entitlement Date 09-Mar-2016

Posted by whistlebower99 > 2021-07-27 09:23 | Report Abuse

The person behind Credit Suisse nominee account very active in July, doing both buying and selling, some on same days.

On 5/7/21, it holds 40,176,800 shares (5.639%)

After days of trading, it disposed 28,924,800 shares on 22/7/21, leaving with 36,510,900 shares (5.114 %).

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=credit%20suisse&cat=SH%2CCHSH&sub_type=&company=5157&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=%23%2F%23%2F&page=1#/?category=all

More like right pocket to left pocket to generate daily volume

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:45 | Report Abuse

Saudee Group Berhad is a Malaysia-based investment holding company. The Company is engaged in wholesaling and dealing of fresh and frozen foods. The Company is also engaged in manufacturing and dealing of processed poultry, beef products, frozen foods and bakery products. It operates in two segments: manufacture and sale of food products, and property development. The Company's manufacturing activities include production of nuggets, frankfurters, drummet, balls, minced meat, banana cake, roti canai and pita bread under the in-house brands of Saudi and Deli-Deli. The Company's subsidiaries include Saudi Cold Storage Sdn. Bhd (SCSSB), which is a wholesaler and dealer of fresh and frozen foods; Perusahaan Saudee Sdn. Bhd. (PSSB), which is a manufacturer and dealer of processed poultry, beef products, frozen foods and bakery products, and Sunwish Venture Sdn. Bhd. (Sunwish), which is engaged in property development.

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:45 | Report Abuse

BOARD MEMBERS AND SENIOR OFFICERS
Mr. Kok Chong
Chief Financial Officer
since: 2017role: Officer
Mr. Siew Wei Mak
Executive Director
since: 2020role: Officer & Director
Mr. Ben Seng Tay
Executive Director
since: 2021role: Officer & Director
Kim Teck Lim
Company Secretary
since: 2020role: Officer
Koon Ling Tang
Company Secretary
since: 2020role: Officer
Mr. Chee Peng Chen
Independent Non-Executive Director
since: 2020role: Director
Ms. San San Koay
Independent Non-Executive Director
since: 2017role: Director
Datuk Sham Shamrat Sen gupta
Non-Executive Independent Director
since: 2021role: Director
Mr. Yee Fuan Sim
Senior Independent Non-Executive Director
since: 2017role: Director

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:46 | Report Abuse

TOP 10 INVESTORS (AS OF LATEST FILING)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Focus Dynamics Centre Sdn. Bhd. 19.33 138.05 138.05 6.82 17-Jun-2021 Other Substantial/Declarable
Fintec Global Berhad 4.42 31.54 0.00 3.08 20-Oct-2020 Other Substantial/Declarable
Chiau (Beng Teik) 1.11 7.90 -0.20 0.76 08-Feb-2021 Other Substantial/Declarable
Pusing Ria Sdn. Bhd. 0.92 6.59 0.00 0.64 20-Oct-2020 Other Substantial/Declarable
Ooi (Chen Seng) 0.78 5.60 5.60 0.55 20-Oct-2020 Other Substantial/Declarable
Keh (Chuan Seng) 0.74 5.30 5.30 0.52 20-Oct-2020 Other Substantial/Declarable
Tan (Khang Khim) 0.53 3.82 0.00 0.37 20-Oct-2020 Malaysia Insider
Lim (Teck Huat) 0.50 3.57 3.57 0.35 20-Oct-2020 Other Substantial/Declarable
Lim (Kian Huat) 0.41 2.94 0.00 0.29 20-Oct-2020 Other Substantial/Declarable
Ong (Kien Hing) 0.31 2.20 2.20 0.21 20-Oct-2020 Other Substantial/Declarable

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:46 | Report Abuse

OWNERSHIP TYPE (AS OF LATEST FILING)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Corporation 5 24.81 177.19 10.64
Individual Investor 25 7.03 50.32 4.92

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:47 | Report Abuse

LATEST INSIDER / INDIVIDUAL HOLDERS
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE
Chiau (Beng Teik) 1.11 7.90 -0.20 0.76 16-Nov-2020
Ooi (Chen Seng) 0.78 5.60 5.60 0.55 -
Keh (Chuan Seng) 0.74 5.30 5.30 0.52 -
Tan (Khang Khim) 0.53 3.82 0.00 0.37 17-Aug-2020
Lim (Teck Huat) 0.50 3.57 3.57 0.35 -
Lim (Kian Huat) 0.41 2.94 0.00 0.29 31-Oct-2019
Ong (Kien Hing) 0.31 2.20 2.20 0.21 -
Peh (Lian Hwa) 0.28 2.00 2.00 0.20 -
Santira Kesu AL Rengasamy 0.21 1.52 0.00 0.15 31-Oct-2019
Lim (Chee Kiat) 0.21 1.50 1.50 0.15 -

Good123

25,687 posts

Posted by Good123 > 2021-07-27 09:59 | Report Abuse

Masih pegang ~8%


5157 SAUDEE SAUDEE GROUP BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : CREDIT SUISSE GROUP AG
NRIC/Passport No./Company No. : CH-020.3.906.075-9
Nationality/Country of Incorporation : Switzerland
Address:
Paradeplatz 8 8001 Zurich Switzerland
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
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
Details of Changes
Date of Notice : 16/07/2021
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 14/07/2021 Disposed 143,600 -
Circumstances by reason of which change has occurred:
Disposal of 143,600 shares on 14 July 2021.
Nature of Interest:
Deemed Interest
Consideration:

No of Shares Held After Changes:
Indirect/Deemed Interest : 56,569,300 shares (7.9400%)
Total : 56,569,300 shares
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
Submitted By:

16/07/2021 07:00 AM

RCZ2020

848 posts

Posted by RCZ2020 > 2021-07-27 10:04 | Report Abuse

Moving upward is a good sign

Good123

25,687 posts

Posted by Good123 > 2021-07-27 10:59 | Report Abuse

Ramai suka makan Hotdog halal saudee kan? :)

Good123

25,687 posts

Posted by Good123 > 2021-07-27 11:13 | Report Abuse

Pengarah focus dynamics dan berahim dah masuk saudee , banyak synergi :)

Change in Boardroom

SAUDEE GROUP BERHAD

Date of change 01 Jul 2021
Name MR TAY BEN SENG, BENSON
Age 37
Gender Male
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Appointment
Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
1. Commerce
2. Marketing and Management
Curtin University Technology, Perth.

Working experience and occupation Joined Marquee International Sdn Bhd, a wholly owned subsidiary of Focus Dynamics Group Berhad (FOCUS) in year 2012. He spearheaded the expansion of FOCUS and has been instrumentally in the successful yet distinctive brands of FOCUS. He is extensively involved in the areas of information technology, e-commerce, business development and brand conceptualization of FOCUS. Subsequently, he was appointed as Executive Director of FOCUS in Year 2017. He is fuelled with passionate towards conceiving and innovating lifestyle concepts in the food & beverage arena. Prior to joining FOCUS, he has vast experience in numerous fields, ranging from event management to Food & Beverage operations and conceptualizing new start-ups. In October 2020, he was appointed as non-executive director of Brahims Holdings Berhad.
Directorships in public companies and listed issuers (if any) 1. Focus Dynamics Group Berhad
2. Brahims Holdings Berhad

RCZ2020

848 posts

Posted by RCZ2020 > 2021-07-27 11:45 | Report Abuse

Good123 I believe you have done a lot of home work. Now what is your opinion on SAUDEE? Will it move up? Wise to hold?

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-07-27 13:57 | Report Abuse

Rcz2020, good123 totally dunno what is the share. Funny only.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-27 14:01 |

Post removed.Why?

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-07-27 14:04 | Report Abuse

Rcz2020, make it the simple way, call trader ask them they will press down the price to what price if 0.12 than you buy at 0.12, ask them want push up to what price level than you sell at the price level. No need read any teory and analysis the techinical chart.

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-07-27 14:05 | Report Abuse

Say this say that also not straight to the point.

RCZ2020

848 posts

Posted by RCZ2020 > 2021-07-27 16:09 | Report Abuse

Yes Ppmaster. Don't know what they are trying to tell.

cunoldfox

267 posts

Posted by cunoldfox > 2021-07-27 17:16 | Report Abuse

hahaha..saudee, another fintec con group stock...after push the price up to sky limit...now left 14 cents...it only worth 2 cents ..wahahaja...the edge is correct....

Gayah007

53 posts

Posted by Gayah007 > 2021-07-27 18:59 | Report Abuse

Can drop to 0.04 in 2 week if operators don't goreng

RCZ2020

848 posts

Posted by RCZ2020 > 2021-07-28 07:49 | Report Abuse

Proxy acc

RCZ2020

848 posts

Posted by RCZ2020 > 2021-07-28 09:45 | Report Abuse

Will there be an upward trend today? This is a conman counter. CREDIT SUISSE GROUP through and buy back the share. Got to be careful dealing in this counter

Good123

25,687 posts

Posted by Good123 > 2021-07-28 10:35 | Report Abuse

Makanan yg dibekukan (frozen foods) boleh jual macam kek panas kan?

Good123

25,687 posts

Posted by Good123 > 2021-07-28 10:36 | Report Abuse

Biz frozen foods susah bankrap Kini. Pendemik , ramai tak keluar Makan Kini

Posted by whistlebower99 > 2021-07-28 11:18 | Report Abuse

Credit Suisse sold down to cash out ??? Who is behind this nominee account?

Sold down to cover other losses? In Pasukgb ?

=========================================
Notice of Person Ceasing (Section 139 of CA 2016)
SAUDEE GROUP BERHAD
Particulars of Substantial Securities Holder
Name CREDIT SUISSE GROUP AG
Address Paradeplatz 8
Zurich
8001
Switzerland.
Company No. CH-020.3.906.075-9
Nationality/Country of incorporation Switzerland
Descriptions (Class)
Ordinary Shares
Name of registered holder HSBC NOMINEES (ASING) SDN BHD EXEMPT AN FOR CREDIT SUISSE AG (DUB CLT NTREAT)/
Address of registered holder
No. 2. Leboh Ampang, 50100 Kuala Lumpur
Date of cessation 23 Jul 2021
No of securities disposed 6,607,700
Circumstances by reason of which a person ceases to be a substantial shareholder
Disposal of 6,607,700 shares on 23 July 2021

Date of notice 27 Jul 2021
Date notice received by Listed Issuer 27 Jul 2021

========================================
Trade with care.

https://klse.i3investor.com/blogs/Whistlebower99blog/blidx.jsp

wadefakup

58 posts

Posted by wadefakup > 2021-07-28 11:55 | Report Abuse

goreng counter better cabut. tak da masa depan

wadefakup

58 posts

Posted by wadefakup > 2021-07-28 11:55 | Report Abuse

QR always rugi

Seven77

185 posts

Posted by Seven77 > 2021-07-28 13:04 | Report Abuse

Going South Dee . Below 0.10 con counter

Good123

25,687 posts

Posted by Good123 > 2021-07-28 13:08 | Report Abuse

Mau goreng ka? Warrant exercised pada harga 15sen :)

Additional Listing Announcement /Subdivision of Shares

SAUDEE GROUP BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Exercise of Warrants B
No. of shares issued under this corporate proposal 1,180,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1500
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following

Units 715,424,819
Issued Share Capital ($$) Malaysian Ringgit (MYR) 146,014,592.310
Listing Date 29 Jul 2021

Good123

25,687 posts

Posted by Good123 > 2021-07-28 15:05 | Report Abuse

Buka peti sejuk anda. Pasti ada frozen foods kan? Itulah bisnes saudee, bagus kan? Tak mati punya kecuali pengarah tak amanah

Good123

25,687 posts

Posted by Good123 > 2021-07-28 16:06 | Report Abuse

Saudee salah satu fintec punya stok yg Ada potensi kerana jenis perniagaannya yakni frozen foods... Kini Belian Kian naik sebab kovid & ramai rakyat semakin miskin terpaksa masak sendiri

SK1200

857 posts

Posted by SK1200 > 2021-07-28 17:01 | Report Abuse

good momentum on closing..

Posted by dimmubroker > 2021-07-28 17:02 | Report Abuse

Then, the price should be over 0.20 at least

Posted by Good123 > Jul 28, 2021 4:06 PM | Report Abuse

Saudee salah satu fintec punya stok yg Ada potensi kerana jenis perniagaannya yakni frozen foods... Kini Belian Kian naik sebab kovid & ramai rakyat semakin miskin terpaksa masak sendiri

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-07-28 21:17 | Report Abuse

Still counter still not in my focus list. So still no hope.

Good123

25,687 posts

Posted by Good123 > 2021-07-28 21:18 | Report Abuse

Hotdog halal saudee sungguh sedap/enak. Sabar ya :)

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