APOLLO FOOD HOLDINGS BHD

KLSE (MYR): APOLLO (6432)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

6.58

Today's Change

-0.19 (2.81%)

Day's Change

6.51 - 6.72

Trading Volume

62,300


5 people like this.

567 comment(s). Last comment by AlphaAdventurer 2 weeks ago

goldenhope

287 posts

Posted by goldenhope > 2024-01-10 13:44 | Report Abuse

So sell to Scoop at RM5.80 or hold ?

Posted by AlphaAdventurer > 2024-01-11 13:19 | Report Abuse

Depends on how you see in Scoop's taking over

goldenhope

287 posts

Posted by goldenhope > 2024-01-11 16:27 | Report Abuse

Better hold

Vgun003

1 posts

Posted by Vgun003 > 2024-01-12 13:34 | Report Abuse

UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY SCOOP CAPITAL SDN BHD (OFFEROR)THROUGH AMINVESTMENT BANK BHD TO ACQUIRE ALL THE REMAINING ORDINARY SHAREIN APOLLO FOOD HOLDINGS BERHAD (APOLLO) NOT ALREADY OWNED BY THE OFFERORFOR A CASH CONSIDERATION OF RM5.80 PER OFFER SHARE (OFFER)----Is it okay if we don't accept this offer and continue to hold?

Posted by AlphaAdventurer > 2024-01-16 12:22 | Report Abuse

You can still hold it even though you are not accepting the offer 😄 Apollo is not going to be privatised I think

Posted by Nighelanghelo > 2024-01-22 09:33 | Report Abuse

independent adviser UOBKH says offer is fair and reasonable and recommends accept offer

Posted by Nighelanghelo > 2024-01-22 09:49 | Report Abuse

I'm selling half my holdings. Apollo may benefit Scoop, but benefit of Scoop to Apollo, if any, may take several years to realize. The brothers Liang are reported selling because advancing in age and lack of a clear succession plan.

sheldon

1,406 posts

Posted by sheldon > 2024-01-22 21:40 | Report Abuse

If Apollo is the only listed vehicle in Scoop's business, then it would serve the owner's interest to see that the share price rises. On the other hand, as part of a group companies for which they have no full interest, I hope they'll not strip this company.

Anyone thinks that the share price will go higher after the offer ends?

PureBULL ...

2,517 posts

Posted by PureBULL ... > 2024-01-23 03:29 | Report Abuse

APOLLO
this is the v 1st time, am seeing the stock price is abt the MGO price
in msian sejarah.
n so none substantial s/holders r selling on the mkt to get their money now than to sign the MGO form ex on Jan 29th n await.
Risk is the new owner finally has > 90% of this stock = the condition to be delisted.

Price Action Theory, always can help us all.
Watch for a special day of grand BO, break out to the new blue sky.
Take risk then n enter...

https://www.tradingview.com/x/wvTWCJ1c/
++++++++++++++++++++++++++++++
I LOVE THIS 3RD WAY ON KLSE:

IN GWS, WHAT HAD HAPPENED WILL HAPPEN AGAIN
these were words of wisdom of Livermore Theory.

WHERE'S THE BIG MONEY IN STOCKS??

Jim Rogers - "Figure out the money and you’ll figure out what’s going on."
Jim Rogers is asking us, where is the big money in charts n to find them ourselves.

yes, where's the big money picture?

There r 4 ways to big money in stocks:

NEW.OWNER.PLAY
+ is the 3rd best way to win in stocks on KLSE.
+ n usually it gives the BIGGEST money if the new owners r the super greedy type!
+ greedy means, TP, target price could fly multi baggers to 3X to even 10X like hextech did 2 yrs ago.
+ stock as PLC, is the fastest route for them to be the newly minted billionaires!

sheldon

1,406 posts

Posted by sheldon > 2024-01-23 09:42 | Report Abuse

2 Qs - 1) Are the new owners capable? 2) Are they trustworthy?

Posted by AlphaAdventurer > 2024-01-23 17:58 | Report Abuse

Only time will tell when we don't know them 🙂

zhangwin

20 posts

Posted by zhangwin > 2024-01-24 15:16 | Report Abuse

If Scoop manage to get 90%, what happens to those who have not accepted the mandatory offer that closes on 29/1/24?

Posted by AlphaAdventurer > 2024-01-26 20:28 | Report Abuse

@chickenriceseller. What's that? That news was also very old ...

Posted by AlphaAdventurer > 2024-01-29 16:19 | Report Abuse

There will be an extension for Scoop to take over ..
https://klse.i3investor.com/web/announcement/detail/1835819

PureBULL ...

2,517 posts

Posted by PureBULL ... > 2024-01-30 08:55 | Report Abuse

APOLLO
The New.Owner controls 78.42% i.e. 62,736,000 shares.
It has to sell down to < 75% i.e. sell 2,736,000 shares to comply with public spread as a PLC.
Or going thru some smart corporate plans.
after this MGO, it can choose to taichow anytime with no holds barred.

let's watch for the price action.

https://www.tradingview.com/x/2WUJXg6j/

https://klse.i3investor.com/web/staticfile/view/528248
NB:
1st time in corporate msia, every 1 can buy cheaper than the new.owner who
spent big money of $363 million to take over a PLC.
Is the new.owner the greatest fool in stock?

we watch REXIT now...

theyoungman

1,853 posts

Posted by theyoungman > 2024-02-09 11:07 | Report Abuse

@purebull

1st time in corporate msia, every 1 can buy cheaper than the new.owner who
spent big money of $363 million to take over a PLC.

----

So good oh.
Taking over at RM 5.8
And share price is not trading at 5.8 after Jan2024. Why so? What's the story and plan behind? If so, buying at below 5.8 is good bargain. Ya. Dunno y he wants to do that. And, Who are those sellers below 5.8?

BudiLee

257 posts

Posted by BudiLee > 2024-03-19 10:24 | Report Abuse

Congratulation! Yes APOLLO is a good company. I received lots of their dividends last year.

BudiLee

257 posts

Posted by BudiLee > 2024-03-19 10:25 | Report Abuse

Another good stock is UTDPLT , very strong capital growth and also dividend

PureBULL ...

2,517 posts

Posted by PureBULL ... > 2024-03-19 11:22 | Report Abuse

APOLLO
the new.owner is back with a roar.

1st a big 50 sen dividend declared, ex on this April 2nd, as the new beginning to the high flying journey;
https://klse.i3investor.com/web/entitlement/detail/26382_2646703983

Its QR PAT is ever growing;
https://klse.i3investor.com/web/stock/financial-quarter/6432

APOLLO could fly v high like Hextech with a huge BI n or Split soon.

https://www.tradingview.com/x/YZgu8Cky/

kk7198

3,941 posts

Posted by kk7198 > 2024-03-19 14:11 | Report Abuse

@PureBULL sifu, will follow you to buy. So far all your picks are ichiban n I make some $$$$ on Teo Seng, Rexit and last time PMB. So mati2 must buy some Apollo.

BudiLee

257 posts

Posted by BudiLee > 2024-03-19 14:42 | Report Abuse

How about UTDPLT sifu? Some say it is also good

Realrich

1,410 posts

Posted by Realrich > 2024-03-19 17:31 | Report Abuse

Declare 50 cents dividend but share price up 1.2. lol who so smart pay 1.2 more and get 50 cents. After payment date further drop 50 cents.

BudiLee

257 posts

Posted by BudiLee > 2024-03-19 23:56 | Report Abuse

Think positively buy now and the price keep going up, so u get dividend + capital gain

Realrich

1,410 posts

Posted by Realrich > 2024-03-20 07:41 | Report Abuse

You should think why share price up? Because of declared 50 cents dividend but now is over reaction. Their quarter profit 30m but share price is 5.88 already feel too high compare to other company made 30m profit per quarter. All of you chase 50 cents dividend but pay more 1.20. I really feel that too smart already. lol. After ex date drop 50 cents. You get nothing

Realrich

1,410 posts

Posted by Realrich > 2024-03-20 07:48 | Report Abuse

Today high chance 3 days limit down. RM 7 but profit per quarter only 30m. Genting price also lower than apology but genting profit 200m per quarter. Compare to maybank profit 2.4b per quarter. So my conclusion is apolo over value. The fair price is around Rm4 only

heesing62

37 posts

Posted by heesing62 > 2024-03-20 09:39 | Report Abuse

The amount of share floating in the market is very low. Less than 25% (less than 20m shares). New owners controlling more than 78%.

heesing62

37 posts

Posted by heesing62 > 2024-03-20 09:47 | Report Abuse

Realrich…..Genting probably have 3B shares free floating in the market. As compared Apollo less than 20m shares.

heesing62

37 posts

Posted by heesing62 > 2024-03-20 09:49 | Report Abuse

Importantly set your target price to sell. Don’t be greedy.

Posted by upupdragon > 2024-03-20 13:11 | Report Abuse

heard that a good news coming. up up up !!!!

Xienry

80 posts

Posted by Xienry > 2024-03-20 16:32 | Report Abuse

Good news already out

speakup

26,437 posts

Posted by speakup > 2024-03-21 07:55 | Report Abuse

Welcome to CASINO DE BURSA!
semua kaum boleh judi!

MULTIEVER

147 posts

Posted by MULTIEVER > 2024-03-21 17:29 | Report Abuse

Apollo landed to moon. MAGA! MAGA! Make Apollo Great Agaian!🌕🌕🌕

Fairus4469

190 posts

Posted by Fairus4469 > 2024-03-26 09:50 | Report Abuse

Berbaloi letak Apollo sebagai pelaburan jangka panjg

PureBULL ...

2,517 posts

Posted by PureBULL ... > 2024-03-30 13:42 | Report Abuse

APOLLO
is ready to lift-off again to a bigger HH next week...
https://www.tradingview.com/x/7QDTSX39/

KingKKK

393 posts

Posted by KingKKK > 2024-04-04 13:37 | Report Abuse

APOLLO: The Consumer Sector's RISING STAR? (KingKKK) - (New Intrinsic Value is RM11.30; 60% upside)

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-04-story-h-184664452-APOLLO_The_Consumer_Sector_s_RISING_STAR_KingKKK_New_Intrinsic_Value_is

Fairus4469

190 posts

Posted by Fairus4469 > 2024-04-04 16:15 | Report Abuse

tunggu Apollo keluarkan perisa snek baharu 😋

KingKKK

393 posts

Posted by KingKKK > 2024-04-06 08:19 | Report Abuse

CONSUMER Sector (KingKKK) - Unveiling Potential Q2 Stars: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-06-story-h-184609490-CONSUMER_Sector_KingKKK_Unveiling_Potential_Q2_Stars_APOLLO_DLADY_SPRIT

Posted by goodstudent66 > 2024-04-23 12:08 | Report Abuse

Your shared information is invaluable to me in my life. https://finalgrade-calculator.com

KingKKK

393 posts

Posted by KingKKK > 2024-05-03 07:54 | Report Abuse

CONSUMER Sector (KingKKK): Top Beneficiary of 13% Pay Bump for Government Workers? Stock price reaction on 10 stocks: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-05-02-story-h-182019848-CONSUMER_Sector_KingKKK_Top_Beneficiary_of_13_Pay_Bump_for_Government_W

Fairus4469

190 posts

Posted by Fairus4469 > 2024-05-17 18:25 | Report Abuse

Apollo akan pecah Rm7 minggu depan lagi

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

Appolo buy intel 49%. Buy call

by2mie

87 posts

Posted by by2mie > 2 months ago | Report Abuse

Apollo crash land..... QR 👎

Fairus4469

190 posts

Posted by Fairus4469 > 2 months ago | Report Abuse

Apollo beli Intel !? Ada link tak, EatCoconutCanWin?

by2mie

87 posts

Posted by by2mie > 1 month ago | Report Abuse

buy now, confirmed will spike up to the moon this month

zzprozaz

193 posts

Posted by zzprozaz > 1 month ago |

Post removed.Why?

MULTIEVER

147 posts

Posted by MULTIEVER > 1 month ago | Report Abuse

fuiyo 5% up today

Dehcomic01

324 posts

Posted by Dehcomic01 > 1 month ago | Report Abuse

For many years proir to Covid-19, Apollo Food was boring company with declining returns. All that changed post Covid-19 with profits shooting up.

Then came the change in controlling shareholders in Dec 2023. The new controlling party are the people behind the Baskin-Robbins franchise in Malaysia and Singapore.

https://i.postimg.cc/kMNXyyL3/Apollo-returns.png
The market price today at RM 6.70 per share is much higher than the RM 5.80 the new controlling shareholder paid for Apollo.

My valuation of Apollo based on the past 12 years performance came to about RM 5.11 per share. The confectionary business is not a high growth one and to drive 30% business improvements (implied by comparing market price with my business value) would be challenging.

Unless of course there is some plan to inject other profitable busienss into the company. Why would anyone pay a premuim for a company unless they have plans to do magic with it?

For more insights visit https://www.youtube.com/watch?v=CoM2mL_mZ_8

Fairus4469

190 posts

Posted by Fairus4469 > 1 month ago | Report Abuse

Teka Apollo akan mengumumkan dividen pd Oktober bulan ni

Posted by AlphaAdventurer > 2 weeks ago | Report Abuse

Ya, most likely the company will announce the dividend together with q1 results

Post a Comment
Market Buzz