Posted by LaoHaidi > 2023-04-13 14:46 | Report Abuse

suddenly shoot up today... because of the slowing of the US CPI I guess

Posted by tpee1999 > 2023-04-13 18:07 | Report Abuse

just managed to get a couple of RM after selling my shares. Will enter again ......

Posted by supersaiyan3 > 2023-04-13 19:49 | Report Abuse

Recover to rm1 first I think. After next quarter results, maybe rm1.10 or rm1.20

Posted by LaoHaidi > 2023-04-17 16:42 | Report Abuse

@tpee1999. Below 90 cents is a good entry price

Posted by familymartfan99 > 2023-04-22 04:37 | Report Abuse

Pushing up next week

Posted by supersaiyan3 > 2023-04-23 22:07 | Report Abuse

Maintain first, I want to buy more.......

If you want to push ok too. I can top up others.

Posted by LaoHaidi > 2023-04-26 11:56 | Report Abuse

Collect a bit at 88 cents. HUAT HUAT

Posted by smartmove100 > 2023-05-02 09:19 | Report Abuse

good dividends coming..

Posted by supersaiyan3 > 2023-05-08 10:27 | Report Abuse

原來是AM的到期了，八毛結帳，真臭！給人家幾分錢也應該呀。一定要贏到完嗎？

Posted by CS87 > 2023-05-08 12:37 | Report Abuse

May i know what is AM mean?

Posted by supersaiyan3 > 2023-05-08 22:01 | Report Abuse

Ambank warrant

Posted by dragon328 > 2023-05-11 14:12 | Report Abuse

What may be the reasons behind the share price slump of BJFood in past 2 weeks?

Weak quarterly result? or really call warrant issuer dumping the mother shares ahead of the expiry of call warrants?

Posted by dragon328 > 2023-05-11 14:57 | Report Abuse

The Ambank call warrant expires on 2 June, still 3 weeks away. Usually the call warrant issuer does not suppress the mother share price so early, some more if BJFood quarterly result to be released in next 2 weeks is good, then the warrant issuer will be left with no more mother shares to sell in the last few days before expiry.

Posted by dragon328 > 2023-05-11 15:15 | Report Abuse

I suspect the quarterly result may be weak. Q3 ended March is seasonally weaker than Q2, furthermore BJFood earnings are pressured by higher material costs and higher labour costs. I hope it can maintain an EBITDA margin of around 30%.

But interest expenses will be lowered as BJFood pared down net debts by RM57.5 million in 1H FY2023.

Posted by StartOfTheBull > 2023-05-11 15:17 | Report Abuse

Fear of bad QR? But upcoming QR is expected to be good. What other reasons besides the warrant leading to the sell down?

Posted by dragon328 > 2023-05-11 15:24 | Report Abuse

BJFood has opened 17 new Starbucks stores and 2 new Kenny Rogers stores in 1H FY2023, on track for a total new opening of 35 Starbucks stores and 5 Kenny Rogers stores in FY2023.

BJFood has incurred capex of RM34.3 million in 1H FY2023, so it may incur another capex of some RM38 million in 2H FY2023 if it does open another 18 new Starbucks and 3 new KR stores as planned.

So total capex for FY2023 may come to RM72 million, a lot lower than estimates of RM80m - RM108m by analysts.

BJFood operating cashflows were strong at RM106.2 million in 1H FY2023, annualised to RM212.4 million. Minus off anticipated capex of RM72.2 million, BJFood will have free cashflows of RM140.2 million or 7.2 sen per share.

This can easily support a total dividend payout of 5.0 sen, yielding 6.1% at current share price.
BJFood will still have some RM42 million to pare down debts after paying out 5.0 sen dividend in FY2023.

Posted by skynet2000 > 2023-05-11 23:39 | Report Abuse

The recent share price drop of Bjfood, is due Ambank call-warrant B expires on 10/05. Not Ambank call warrant C which expires on 2 June.
As a result, the call warrant issuer only give 4sen premium to CB holder, as compare to price of 92 sen before suppress the mother share price at one week ago.

Posted by supersaiyan3 > 2023-05-12 00:26 | Report Abuse

I want to buy more, so I will only tell you next week another reason why it will be a good QR. (Sorry, keke)

Posted by speakup > 2023-05-12 07:51 | Report Abuse

Goreng from 20sen to as high as rm1.15 already. Dah hangus!

Posted by smartmove100 > 2023-05-12 14:51 | Report Abuse

Good dividend coming. QR sales not too bad due to more outlets opened

Posted by WongCapital > 2023-05-12 15:05 | Report Abuse

Price reflects everything, upcoming QR must be bad

Posted by skynet2000 > 2023-05-12 21:02 | Report Abuse

Surprising that today Q3 report is not out. Which means another day of shopping on Bjfood will be happened on Monday.
The pull down effect of Bjfood on last two days were very good opportunity for fundamental investors to pick up Bjfood shares at near 80sen range.
Based on 2.5sen dividend given on last quarter and projected coming quarter shall give the same, 80sen share means 12.5% yield.

Posted by supersaiyan3 > 2023-05-13 01:32 | Report Abuse

QR must be good because they raise prices.

Posted by StartOfTheBull > 2023-05-13 07:12 | Report Abuse

More customers or less customers?

Posted by chkhooju > 2023-05-13 10:23 | Report Abuse

Good prospects.

Posted by supersaiyan3 > 2023-05-15 15:34 | Report Abuse

Let's see this evening....

Posted by shareshark > 2023-05-16 17:20 | Report Abuse

berjaya fool us.

Posted by nicholas99 > 2023-05-17 15:06 | Report Abuse

old fox vincent

Posted by nicholas99 > 2023-05-17 15:07 | Report Abuse

his toto dying.. sure need do other thing.

Posted by StartOfTheBull > 2023-05-17 15:37 | Report Abuse

Now they chase Bjland.

Posted by dragon328 > 2023-05-18 21:20 | Report Abuse

It is indeed a weak set of results for Q3 FY2023 that has caused insiders to have sold down BJFood in past few weeks from over RM1.00 to now RM0.825.

The Q3 quarterly result is no doubt disappointing but I feel that the share price drop over past few weeks has already reflected the weaker result. After all, the cumulative 9 months of FY2023 pretax profit is still 2% higher than 9M FY2022.

I am confident that the management will be able to adjust product pricing and control costs to bring back up the pretax margin in coming quarters.

Posted by speakup > 2023-05-19 07:52 | Report Abuse

https://malaysia.news.yahoo.com/woman-threatens-sue-starbucks-malaysia-031107091.html
ADUH! mega lawsuit coming?

Posted by nicholas99 > 2023-05-19 09:12 | Report Abuse

old fox sell few million units for cash ?

Posted by faridfet > 2023-05-19 09:15 | Report Abuse

@speakup no, not because of that

Posted by bingoman > 2023-05-19 09:15 | Report Abuse

69 sen, time to go out

Posted by nicholas99 > 2023-05-19 09:17 | Report Abuse

i think there is something towards the hot weather and etc etc.. operating cost go up?

Posted by nicholas99 > 2023-05-19 09:17 | Report Abuse

mflour also drop.

Posted by nicholas99 > 2023-05-19 09:17 | Report Abuse

foreign fund all pull out?

Posted by dompeilee > 2023-05-19 09:26 | Report Abuse

Qtr result so bad meh that it can tumble 16% ? lol

Posted by faridfet > 2023-05-19 09:27 | Report Abuse

@pang72 judi2 msia walaowei haha

Posted by faridfet > 2023-05-19 09:29 | Report Abuse

@pang72 what lesson to be learn? haha very confused

Posted by nicholas99 > 2023-05-19 09:32 | Report Abuse

lesson : even a judi company genting also share price will drop. what you expect?

Posted by faridfet > 2023-05-19 09:41 | Report Abuse

@nicholas99 yes :)

Posted by StartOfTheBull > 2023-05-19 10:12 | Report Abuse

Long term is still intact. Hold

Posted by Hotstuff > 2023-05-19 10:12 | Report Abuse

cut loss loh... why hold. TP 0.50

Posted by StartOfTheBull > 2023-05-19 10:15 | Report Abuse

Heat wave, crowd enjoys drinks in air-conditioned cafes and restaurants.

Posted by TCH1186 > 2023-05-19 10:33 | Report Abuse

mutual friend: pjbumi

Posted by xuxu > 2023-05-19 10:52 | Report Abuse

wanna limit down is it ?

Posted by garychee8 > 2023-05-19 10:55 | Report Abuse

queue at 0.65

Posted by Hotstuff > 2023-05-19 11:32 | Report Abuse

below 0.60 only accumulate