I am pretty sure it has to do with the boycott. one would be blind not to see how having only less than 10 customers a day will not affect the revenue.
Open your eyes wide wide and see Chinese who are 100% all muslims boycotted mandarin oranges due to Israel war wink wink ... 🤣 despite being half priced.
Nestle had started bombing the markets with more often 5+1 Maggi Mee packs to maintain sales. Vits also followed Nestle to do Dive bombing with 10+1 packs.
Sales of Korean Noodles being expensive all dive bombed. Some claim that Koreans bombed Gaza and Muslims boycotted Korean noodles? 🤣
Personally grabbed some tickets earlier… if can’t earn the uptrend, then could follow the market trend to short bjfood… let’s short bjfood to the bottom low! Wakaka!
Remember not just to boycott Starbucks, please do the same to FamilyMart, iPhone, intel, AMD, Grab, Tesla, google etc… the countries supporting Israel can’t feel the pain with just boycotting Starbucks!
oh my gosh! FY2024 could be worse than FY2020 the impact of boycotting is out of expectation😥 next QR also likely to be RED too.. yesterday visited my regular shop... the staff comment is SLIGHTLY better.. BUT... will top up slowly to average down @ around 0.3x- 0.4x nightmare
Israel wars against hamas berlarutan & boikot sampai wars end, probably dec 2024. Expecting bjfood price to fall.
BFood posted a net loss of RM42.6mil in the second quarter ended Dec 31, 2023 (2Q24) against a net profit of RM35.5mil in 2Q23, while revenue fell to RM182.6mil from RM295.3mil.
The wars could extend to 2025. Israel is strong militarily, etc.
How did Israel become so powerful? In fact, behind the success of Israel is the thoughtful policy of the state and the sacrifices of the entire Jewish people. First of all, there was insane defence spending. For decades, Israel spent 15-30% of GDP on the army. The country saved in other areas, and for two generations focused on protecting the country.22 Aug 2023
decided to cut loss @ 0.555 considering opportunity + time cost (its business might need longer time to recover) will re-enter when it hit bottom and form uptrend momentum
RHB downgrades it to ‘sell’ amid worse-than-expected boycott impact The stock has been downgraded to “sell” by RHB Research, with a target price (TP) of 46 sen ― a further 23% drop from its current price.
Boycott now working. Hurting Malaysian companies (although with foreign brands) and workers (mostly muslim). If recession hits after the super inflation in April, many sectors will get hit. Government will be blamed.
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Posted by LaoHaidi > 2024-02-19 10:30 | Report Abuse
Green or red for BJFOOD's Q2 result? 🤔