Posted by Bgt 9963 > 2021-08-11 08:42 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-12 11:26 | Report Abuse

Right now, we are experiencing a "tech" euphoria. I don't buy the palm oil hype personally because I believe that palm oil futures trading is still not well-regulated. For commodities, I would go in crude and refineries. Oil demand will be back but the political risks and policy in Malaysia is drastically different than other countries. This is a long term hold. Apart from tech, I think oil and consumer discretionary F&B is the place to be. Hotels/airlines/casinos I don't like them

Posted by wallstreetrookie > 2021-08-12 16:45 | Report Abuse

why did you delete your comment? hmm makes me worried

Posted by Bgt 9963 > 2021-08-12 16:46 |

Post removed.Why?

Posted by Hafid > 2021-08-12 16:53 | Report Abuse

See you at rm1.50

Posted by wallstreetrookie > 2021-08-16 05:11 | Report Abuse

Still more room for upside whether you are buying the rumour or investing long term due to strong fundamentals

Posted by wallstreetrookie > 2021-08-16 11:54 | Report Abuse

buy the dip

Posted by wallstreetrookie > 2021-08-16 11:55 | Report Abuse

still holding slowly

Posted by PriorityFF88 > 2021-08-19 07:10 | Report Abuse

Consumer stock is the safe heaven... OFI will report super earning for the coming quarter... see you 2.00

Posted by Bgt 9963 > 2021-08-19 08:49 |

Post removed.Why?

Posted by Hafid > 2021-08-19 14:54 | Report Abuse

ofi down...

Posted by calvintaneng > 2021-08-19 15:11 | Report Abuse

Cannot touch food

Teoseng chicken suffered due to high feedcost of corn & soybean

HupSeng suffered from high wheat & palm oil prices

GO BUY PALM OIL SHARES BETTER

Posted by gohkimhock > 2021-08-19 16:36 | Report Abuse

bought some as it is undervalued..

Posted by Bgt 9963 > 2021-08-19 17:02 |

Post removed.Why?

Posted by loneranger3211 > 2021-08-20 13:33 | Report Abuse

collect OFI at 0.95 again.. waiting for market resume.

Posted by PriorityFF88 > 2021-08-21 08:59 | Report Abuse

值得收藏，目前处于初期... 基金最喜欢这类型的消费股，多一个星期OFI 业绩出后，你就可以看到更多投行开始 coverage 了... 身为基金经理，我明白他们的策略...
等待业绩 ... BOD 开会，一致通过后就一路在 Open Market 买了 ...
看资金如何扫货 科技 D&O , Greatec ...
Consumer stock 目前 Average PE > 20... OFI 还在 PE10 以下... Super Ring gogogo... The hulk 对这个股特别有信心... Net cash , high profit margin... 每个QR 都有利息... 在 Bursa 哪里着呢? NTA 接近 0.9 ... 想想吧... 飞机要起飞了

Posted by Bgt 9963 > 2021-08-21 08:59 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-21 09:22 | Report Abuse

This is by far my favourite value stock. Consumer discretionary defensive play. Long term growth

Posted by PriorityFF88 > 2021-08-21 17:09 | Report Abuse

It will soon cover by Top CIMB Analyst and upgrade to Overweight: Patricia Gabriella . Consumer Industry Expert...
Stay Tuned... Let's result speak louder than words ! Those naysayers just seat beside and wait how I turn around this OFI to 2.00

Posted by PriorityFF88 > 2021-08-21 17:10 | Report Abuse

Other IBs will be releasing their own reports from the briefing too in the coming week after the QR... EPF / KWAP is going to churn a lot

Posted by PriorityFF88 > 2021-08-21 17:13 | Report Abuse

Other IBs will be releasing their own reports coming week after the QR... EPF / KWAP is going to churn a lot . Let's see how the hulk 扭转乾坤 OFI... A lot of efforts needed due to low publicity , low profile of the company directors , low liquidity due to the operator... But the hulk is determined to do this... The last project in 2021... Let's watch

Posted by Eastern686 > 2021-08-21 19:05 | Report Abuse

OFI these few years revenue stagnant, be careful.

Posted by Bgt 9963 > 2021-08-22 11:52 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-23 07:55 | Report Abuse

How is it stagnant? I thought this is industry average earnings growth

Posted by Bgt 9963 > 2021-08-23 08:55 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-23 10:40 | Report Abuse

If our KLSE has a similar bull run after Najib Razak assumed power in 2014, Oriental Food will rise together with Success Transformer, Spritzer, and Mega First.

Posted by wallstreetrookie > 2021-08-23 10:42 | Report Abuse

That is if Malaysia's economic reopening succeeds and no more political risk until the next general election. According to my intel, foreign investors are looking at Malaysia as the next emerging market for value and cyclicals as US growth slows. Also European markets.

Posted by wallstreetrookie > 2021-08-23 10:44 | Report Abuse

My target price is of course higher than 2016 all time highs. Bullish on Malaysian economy. Literally cannot get worse than Q4 2020 - Q2 2021

Posted by ipohwhitecoffee > 2021-08-23 13:14 | Report Abuse

QR coming soon?

Posted by wallstreetrookie > 2021-08-23 14:34 | Report Abuse

Why would you care you’re a swing trader need to shake you out first

Posted by wallstreetrookie > 2021-08-23 14:34 | Report Abuse

Just kidding

Posted by wallstreetrookie > 2021-08-23 14:53 | Report Abuse

Below RM1.00 is a steal.

Posted by wallstreetrookie > 2021-08-23 15:09 | Report Abuse

Anyone else holding this for the long term. Btw reduced oil volatility and also packaging materials cost will probably put some pressure on the next earnings. But for the next few quarters, there should be pretty consistent PEG

Posted by wallstreetrookie > 2021-08-23 15:14 | Report Abuse

I like this company a little too much. Is there any risk that I should be aware of? Any other experienced investor in Oriental Foods? I can't find any bear case, only positive catalysts. Can DM me

Posted by bojed > 2021-08-23 16:57 | Report Abuse

Bought at 1.04 today.

Posted by PriorityFF88 > 2021-08-23 17:14 | Report Abuse

Closing at day high @1.10... Let the naysayers bark... Let the result speaks louder than words

Posted by wallstreetrookie > 2021-08-23 17:17 | Report Abuse

@PriorityFF88 What? There is no naysayers. People here I find most of them are pretty long term-oriented and this forum is definitely less toxic than the Serba Dinamik forum lolll. We have some intellectual and constructive conversations here and decent research from experienced investors.

Posted by Jay2020 > 2021-08-24 10:19 | Report Abuse

Accumulate as undervalue …

Posted by monetary > 2021-08-24 12:09 | Report Abuse

Apollo products are no match to OFi.

Posted by wallstreetrookie > 2021-08-24 18:32 | Report Abuse

I have not abandoned OFI yet. Let it restt

Posted by Reichwerden > 2021-08-24 22:39 | Report Abuse

Those talk too much over and over, is born looser . Don't follow them. They may not have a single share on hand. At the end these people will recommend a holland stock to you by listening to them. Alert ! Alert! CONMAN . i3 don't stop u to create multiple ID.

Posted by PriorityFF88 > 2021-08-25 08:07 | Report Abuse

A few things from the Annual Report :

The pre-tax profit of the Group increased as compared to FY2020. The Group recorded an increase of 80% from RM12.7million in FY 2020 to RM22.8 million in FY 2021.

The Group’s total net profit attributable to the shareholders of RM18.5 million in FY 2021. This translates to basic earnings per share of 7.71sen.

In terms of our balance sheet, total loans and borrowings stood at a nominal amount of RM9.6 million against the backdrop of shareholders’ fund of RM209.2 million and cash and bank balances of RM30.2 million. The Group’s good financial leverage has put the Group in a position that allows
us to undertake further expansion activities

From the Top 30 Shareholder List , we saw a few preeminent and renowned funds

9) Employees Provident Fund Board

10) Kumpulan Wang Persaraan (Diperbadankan) (Aham Equity Fund)

15) Carbatan Nominees (Asing) Sdn Bhd
SSBT Fund F9LJ For Fidelity Global Intrinsic Value Investment Trust

16 )HSBC Nominees (Asing) Sdn Bhd Wholly Owned Nominee Company
Bbh And Co Boston For Fidelity Global Value Advance Equity
Mother Fund (Nomura Tb)

22) HSBC Nominees (Tempatan) Sdn. Bhd.
HSBC (M) Trustee Bhd for RHB Private Fund- Series 3

Posted by Bgt 9963 > 2021-08-25 08:37 |

Post removed.Why?

Posted by monetary > 2021-08-25 10:19 | Report Abuse

Tried OFI's version of Oreo biscuit, ZESS. As good as Oreo but cheaper.

Posted by wallstreetrookie > 2021-08-25 10:50 | Report Abuse

OFI Remain Overweight Short term price target: RM1.5 Long term price target: RM2.6

Despite risks such as increased packaging costs and a relatively weak economic moat, the products such as ZESS and Super Ring under the portfolio of Oriental Foods stand tall among retail favourites in Malaysia. We like the company's venture into export market within the food and confectionary industry even though it is currently fraught with competition. This is supported by good financials, strong margins, PEG (avg 15x to 18x) as well as clean balance sheet.

Posted by wallstreetrookie > 2021-08-25 10:50 | Report Abuse

This should be in every long term value investors' portfolio

Posted by gohkimhock > 2021-08-25 11:49 | Report Abuse

Zess lemon sandwich biscuit taste better than Julie. It don't have strong lemon smell which a lot of people don't like. Best to eat it with hot coffee. If the lemon taste is too strong, it just make the coffee don't feel pleasant. That's my experience.

Posted by monetary > 2021-08-25 11:59 | Report Abuse

exactly. Julie put too much food favoring. bad to health. support Zess.

Posted by bojed > 2021-08-25 12:31 | Report Abuse

Wow!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3185644

Posted by PriorityFF88 > 2021-08-25 13:26 | Report Abuse

KUALA LUMPUR (Aug 25):Cocoaland Holdings Bhd's share price rose two sen or 1.03% to an intraday high of RM1.97 in Bursa Malaysia morning trade today after the candy manufacturer declared yesterday its first interim dividend of 10 sen a share despite reporting lower second-quarter net profit from a year earlier.