Some ppl like to show off they drink Starbucks, to show off in front of camera they rich and can afford Starbucks. But behind the camera they complain why food drinks so expensive in Malaysia. Real hypocrites! When I see someone drink at Starbucks, I no longer see someone rich but instead see a fools
Lurker, there are many elements in brand like Starbucks. As comparison, the coming electric car charging station will be similar to your Wi-Fi experience.
Margins set to rebound; upgrade to Add ■ We upgrade BFood to Add from Reduce with a higher GGM-based TP of RM1.00 as earnings are set to improve on higher sales and margin recovery. ■ Key re-rating catalysts: i) robust store expansion to drive sales growth, ii) margin expansion as input costs ease from 2HFY24F, iii) rebound in tourism. ■ We switch to GGM model (prev. 12x CY24F P/E) to better reflect future profitability – 21% ROE, 9.5% COE, 4% long-term growth.
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Yesterday USD break RM4.73 This means Starbuck still pay high cost for their coffee beans, the coming 2Q results shall still stay at low profits. Therefore, stay away for this moment.
Berjaya Corp Bhd (BCorp) has raised its stake in Berjaya Food Bhd (BFood), whose share price has fallen by a third year to date, to 57.43% from 55.31% after buying 37.25 million shares. BCorp paid RM26.59 million in total or 71.4 sen per share for the block of shares purchased. BFood, which operates the Starbucks coffee chain in Malaysia, closed at 68.5 sen on Monday, giving it a market capitalisation of RM1.33 billion. Following the latest transaction, BCorp now holds a total of about 1.008 billion shares, or a 57.43% stake, in BFood.
Due to high RM:USD rate recently and poor spending power in present inflation, foresee same store results and profit will be poorer vs previous year. Forthcoming two Q1 & Q2 would not be good.
Monday, 6 Nov 2023 5:34PM BJFOOD BERJAYA GROUP BERHAD (77,300,000 units Disposed) 5:34PM BJFOOD BERJAYA CORPORATION BERHAD (80,300,000 units Transacted) 5:34PM BJFOOD JUARA SEJATI SDN BHD (77,300,000 units Disposed)
Ceasefire to be announced in coming hours - Sources
GAZA - A Hamas official said Tuesday that a ceasefire agreement with Israel will be announced in the coming hours in Qatar.
The official, who requested to remain anonymous, told Xinhua, "We are close to reaching an agreement in the coming hours, and the movement has delivered its response to the mediators."
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....
speakup
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Some ppl like to show off they drink Starbucks, to show off in front of camera they rich and can afford Starbucks. But behind the camera they complain why food drinks so expensive in Malaysia. Real hypocrites!
When I see someone drink at Starbucks, I no longer see someone rich but instead see a fools