Shareholder fund stood at RM 209.2 million and cash balance of more than RM 30 mil... Revenue growed from RM 266.91 million (FY 2020 ) to RM 295.81 million ( FY 2021 ) . Pre Tax profit from RM 12.7 million in FY 2020 to RM 22.8 million in FY 2021, an increase of 80 %... Total net profit to shareholders in FY 2021 is RM 18.5 million , translates to 7.71 sen per share.
already warn you guys what happened to hupseng biscuit will befall ofi
ofi ingredients like flour, sugar, chocolate and others are at sky high prices
so Ofi products though many like to buy in Singapore now must also raise prices or high cost of production will negate all profits and turn into losses
But raising prices will face resistance from retail supermarkets and consumers
only way is to raise prices (if cannot ) or cut cost which is difficult or see share prices go down
as such sell first and buy back later when costs of ingredients get cheaper again
Yeah I already bought palm oil stocks. What else do you wanna say? No one bought this company to anticipate the next earnings. There are good things to come later in the next quarter.
Most people here are swing traders and when the stock price is down, they blame others. Btw blame kyy_superinvestor only. Don't blame me. Don't pay too much attention to the earnings.
No matter how bad, food is essential industry is still 10x cheaper than over hyped technology stocks....OFI is Ah Jib Kor's avourite counter. Ah Jib may be new minister again wakaka
aiya... SINGAPOREAN very rich ma.....double product price, still very cheap to them only....MY is different... all hiding at home eat biscuit only.....PN gomen causing all MY can afford biscuit only. wakaka
@calvintaneng I am not talking about you. You made a good call on plantation stocks so kudos to you. However, this guy @Reichwerden just pisses me off by thinking that everyone is out there to trick people to buy stocks. Like do you even have 1 million to buy a stock? Hilarious
I noticed THIS BORN LOOSER heavily spread news in different forum. Just becareful. He is always said he bought in at very low price. This is a mental sickness. Good luck to those enter high price. Sure one day this counter bounce back.
Stop smearing my name. Now I recognise your name. You are from Layhong's forum and also Maybulk. All your did was blame people for losing money and stay quiet when you profit. No one is taking you seriously xdd
The Singapore old folk , it is good that u provide good information in this forum, ofcoz u bought b4 u shared. However u did not share what price u exist. U get what I mean?! those newbie always copy and paste other people article. Old folk u should thanks him for helping u to exist at high. Haha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2021-08-25 16:03 | Report Abuse
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