BERJAYA FOOD BERHAD

KLSE (MYR): BJFOOD (5196)

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Last Price

4.19

Today's Change

+0.03 (0.72%)

Day's Change

4.04 - 4.19

Trading Volume

294,600


7 people like this.

1,171 comment(s). Last comment by PETERMOO 3 days ago

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

The day you must buy to get dividends

treasurehunt

1,524 posts

Posted by treasurehunt > 2 weeks ago | Report Abuse

100k shares only got 1.5k dividend. Wakaka

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Accumulation in progress


Huat chaiii

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Accumulation in progress


Huat chaiii

PETERMOO

96 posts

Posted by PETERMOO > 2 weeks ago | Report Abuse

Last free bonus 3-4 years ago?

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Hold tight tight



Huat chaiii

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Accumulation in progress


Huat chaiii

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Bjasst is the next


Huat chaiii

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Straight laughing to the bank


Huat chaiii

Faiza

462 posts

Posted by Faiza > 2 weeks ago | Report Abuse

kuat goring, steady mcm chh

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Accumulation keep going


Huat chaiii

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Distribution only start once bjcorp back to rm1


Huat chaiii

brian3381

1,787 posts

Posted by brian3381 > 2 weeks ago |

Post removed.Why?

treasurehunt

1,524 posts

Posted by treasurehunt > 2 weeks ago | Report Abuse

Up slower a bit...volume is important.

bulldog

11,173 posts

Posted by bulldog > 2 weeks ago | Report Abuse

Accumulation in progress


Huat chaiii

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

bulldog if I ever see you in real life, I would

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

This bulldog is such a joke. Keeps asking people to buy at the top. Useless

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

#Banbulldog on i3 forum. Bulldog should be banned from commenting. This bulldog manipulated counters such as Woodland, Bonia, Berjaya Asset, Berjaya Corporation and many micro caps stock. Really cunning fella

beinvested

1,797 posts

Posted by beinvested > 1 week ago | Report Abuse

Talk is easy. How to fix it again at RM3. 80 for a Dollar? Unless the gov have enough of USD in your drawer else the Centre Bank will not be sacrificed from your mischief and mismanagement of the hutang negara. Now, exceeded RM4. 40,

treasurehunt

1,524 posts

Posted by treasurehunt > 1 week ago | Report Abuse

Friday and today last minute bought in big quantities have given chance to cash out.

treasurehunt

1,524 posts

Posted by treasurehunt > 1 week ago | Report Abuse

Bonus issues 4 for 1.

Posted by NatsukoMishima > 1 week ago | Report Abuse

Cunning fox already run at peak ! Habis liao bonus issue 4:1 , confirm drop kaw kaw ! No more corner to play !

beinvested

1,797 posts

Posted by beinvested > 1 week ago | Report Abuse

The increment of the interest rate from the Fed Reserve/USA is seemed unavoidable. The interest rate is used as a tool to tackle the inflationary effects on the price and the money supply.

The borrowers are very sensitive towards the increment of lending rate from the banks. They would dispose the investment even in overseas and move the money back to US to reduce the loans outstanding which will reduce the cost of their borrowings. If the selling is at a larger scale over the various markets whether in Asia or Europe, the selling with cause the various bourses to suffer decline. The local currencies will also subject to depression when the proceeds from the disposal of equities/shares are being sold for the the demand of USD before repatriating the funds back to US.

So, the impacted areas are the decline of the indexes of the stock exchange and also the currencies as a result of the movement/increment of the interest rate in the US.

PETERMOO

96 posts

Posted by PETERMOO > 1 week ago | Report Abuse

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

PETERMOO

96 posts

Posted by PETERMOO > 1 week ago | Report Abuse

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)

treasurehunt

1,524 posts

Posted by treasurehunt > 1 week ago | Report Abuse

Double top is forming? It reminds me of Kotra.

Posted by wallstreetrookie > 1 week ago | Report Abuse

See, this Vincent Tan always dump on retail investors

Posted by wallstreetrookie > 1 week ago | Report Abuse

Always sell before Vincent Tan sells

Posted by wallstreetrookie > 1 week ago | Report Abuse

Buying Berjaya Food = Fighting against CEO and director
You make money from them, don't let them make money from YOU

Posted by wallstreetrookie > 1 week ago | Report Abuse

Sell all Berjaya Food

mf

26,176 posts

Posted by mf > 1 week ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

29,946.44

-722.09

2.35%

Nasdaq

NASDAQ Composite

10,693.32

-405.82

3.65%

bulldog

11,173 posts

Posted by bulldog > 1 week ago | Report Abuse

Accumulation in progress


Huat chaiii

bulldog

11,173 posts

Posted by bulldog > 1 week ago | Report Abuse

Bonus coming


Huat chaiii

Posted by wallstreetrookie > 1 week ago | Report Abuse

Vincent Tan dumping again

Posted by wallstreetrookie > 1 week ago | Report Abuse

Berjaya Food off-market transactions (SELL) incoming

bulldog

11,173 posts

Posted by bulldog > 1 week ago | Report Abuse

Accumulation in progress
Bonus coming

Huat chaiii

Posted by wallstreetrookie > 1 week ago | Report Abuse

Another off-market trade bulldog haha

Posted by wallstreetrookie > 1 week ago | Report Abuse

bulldog I know you are a smart trader

Posted by wallstreetrookie > 1 week ago | Report Abuse

Before market close, you can see the off-market transaction filling. Just need to pay Bursa additional fees, expensive af but worth it

treasurehunt

1,524 posts

Posted by treasurehunt > 4 days ago | Report Abuse

Locking profit trend nowadays?

pang72

43,768 posts

Posted by pang72 > 4 days ago | Report Abuse

Everywhere locking profit

goody99

1,570 posts

Posted by goody99 > 4 days ago | Report Abuse

bonus issue is usually the poison that ends an uptrend. Hope I am wrong in this case

pang72

43,768 posts

Posted by pang72 > 4 days ago | Report Abuse

Some time bonus is good for share run but recently is not

gemfinder

6,770 posts

Posted by gemfinder > 4 days ago | Report Abuse

Ada waterfish kena trapped 480?

pang72

43,768 posts

Posted by pang72 > 3 days ago | Report Abuse

Starbuck coffee is not tasty now...
Everywhere bargain hunting..

PETERMOO

96 posts

Posted by PETERMOO > 3 days ago | Report Abuse

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

PETERMOO

96 posts

Posted by PETERMOO > 3 days ago | Report Abuse

BJFOOD bettered position to ride out the inflation storm

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