ORIENTAL FOOD INDUSTRIES HLDG

KLSE (MYR): OFI (7107)

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Last Price

1.93

Today's Change

0.00 (0.00%)

Day's Change

1.86 - 1.95

Trading Volume

362,400


9 people like this.

702 comment(s). Last comment by troy88 1 month ago

tradeview

608 posts

Posted by tradeview > 2021-09-05 22:29 | Report Abuse

I do not think there is a need to worry about OFI for investors. OFI product range are own brand and it is doing well. It is not just about Indonesia. They have healthy export markets composition with local markets. Importantly the valuation itself is attractive, not only in terms of peer comparison but the valuation of the company in terms of its balance sheet, cashflow and yield.

Munchy a local food manufacturer (without snack segment) sold at 25 times to PE fund at at Revenue about the size of OFI few years ago. That should help allay fears for those who are worrie with share price fluctuations.

Posted by wallstreetrookie > 2021-09-08 16:17 | Report Abuse

Buying another small position here. It will be a long winter before the next earnings. This is how it should be. Investing is boring.

Hafid

1,130 posts

Posted by Hafid > 2021-09-08 16:25 | Report Abuse

waiting for 0.70 sen

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-09 11:36 | Report Abuse

Tak yah mimpi

Posted by ipohwhitecoffee > 2021-09-10 13:59 | Report Abuse

This OFI hype officially dead off. Price to back square one. 21,000 volume as of Friday afternoon.
Seems like wasted everyone's time..

Posted by Najib Zamry > 2021-09-10 14:00 | Report Abuse

Started buying OFI today.....I like SUPERing

gohkimhock

2,941 posts

Posted by gohkimhock > 2021-09-10 14:10 | Report Abuse

Nowadays very hard to find such a good counter with honest management and paying dividend every single quarter, no matter the results is good or bad. This is what i like. They are willing to share and treat shareholders like business partners to the heart..

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-10 17:26 | Report Abuse

Hahaha! Kawan-2 belum bangun. Or every 1 wait for cheaper tickets??

2nd session total 473000, dun critic Abang whitecoffee.

I know u super keng and loaded 1, if u buy sure meletup kaw kaw.

Posted by wallstreetrookie > 2021-09-13 09:21 | Report Abuse

It is not even down that much lol.

Posted by ipohwhitecoffee > 2021-09-13 19:59 | Report Abuse

It will only go up only when most retailers gave up, cut lost & volume dies off...

bojed

5,064 posts

Posted by bojed > 2021-09-14 12:47 | Report Abuse

Yes, of course.

--------------------------------------------------------------

bojed Calm down.
01/09/2021 4:22 PM

Hafid

1,130 posts

Posted by Hafid > 2021-09-14 12:58 | Report Abuse

ofi today is 0.945. do not know can sustain or not. any comment...

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-14 13:12 | Report Abuse

Many swimming in red sea today but our ofi showing some erection sign......... What do u thin k??

Lucky say buy and I mean business.

Hafid

1,130 posts

Posted by Hafid > 2021-09-14 13:35 | Report Abuse

fv shall be 1.56. but market is bad wait and see loh..

Posted by wallstreetrookie > 2021-09-14 15:30 | Report Abuse

The market is only bad for blue chip companies. Who cares about Genting dropping 1% and Top Glove if you are a small cap investor. Trust me, you are investing in OFI, you need to wait another 1 to 2 quarters.

Posted by wallstreetrookie > 2021-09-14 15:31 | Report Abuse

Good luck, I am still in

Posted by wallstreetrookie > 2021-09-17 07:45 | Report Abuse

Consumer discretionary set to outperform in possible rate hike in 2022

Noni

665 posts

Posted by Noni > 2021-09-22 15:25 | Report Abuse

@wallstreetrookie Nice. See you at 1

Posted by mahmudkashimj > 2021-09-22 15:27 | Report Abuse

wow ofi active

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-23 11:38 | Report Abuse

Oh yeah!!!

bojed

5,064 posts

Posted by bojed > 2021-09-24 00:38 | Report Abuse

Its MA line has crossed over the signal line.

Go go go!

Posted by wallstreetrookie > 2021-09-24 11:49 | Report Abuse

Boring Friday

Posted by wallstreetrookie > 2021-09-27 15:07 | Report Abuse

Another boring Monday

Posted by wallstreetrookie > 2021-09-30 14:59 | Report Abuse

Consumer discretionary - defensive

gohkimhock

2,941 posts

Posted by gohkimhock > 2021-09-30 15:03 | Report Abuse

this counter is boring but can protect your capital if you don't speculate high..

Posted by ipohwhitecoffee > 2021-10-04 15:58 | Report Abuse

where is rebound? I wait 1 month still no rebound in sight =/

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-10-05 17:10 | Report Abuse

Haha!

gohkimhock

2,941 posts

Posted by gohkimhock > 2021-10-06 13:01 | Report Abuse

parked some fund into OFI for mid term trade as this is an value investing counter..

tradeview

608 posts

Posted by tradeview > 2021-10-07 22:11 | Report Abuse

I agree with goh

Posted by wallstreetrookie > 2021-10-11 19:38 | Report Abuse

Oriental Foods Maintain Overweight

Posted by wallstreetrookie > 2021-10-13 11:56 | Report Abuse

Energy and consumer discretionary are the only safe haven in high interest rate environment

Posted by SpicyMcDeluxe > 2021-10-15 11:43 | Report Abuse

kekw

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-10-15 11:54 | Report Abuse

Hmm! 1.01 kejap only

thesteward

6,746 posts

Posted by thesteward > 2021-10-15 16:36 | Report Abuse

Wah looking good if can break 1.03 hopefully next week jalan

thesteward

6,746 posts

Posted by thesteward > 2021-10-15 16:40 | Report Abuse

Need to break 1.03

Posted by wallstreetrookie > 2021-10-15 17:01 | Report Abuse

Happy weekend!

Posted by wallstreetrookie > 2021-10-22 16:57 | Report Abuse

Happy weekend!

Posted by wallstreetrookie > 2021-10-26 12:30 | Report Abuse

Add

Posted by wallstreetrookie > 2021-10-29 16:58 | Report Abuse

Add

Posted by wallstreetrookie > 2021-10-29 16:58 | Report Abuse

Happy weekend!

Posted by wallstreetrookie > 2021-11-11 06:51 | Report Abuse

But there are risks here. One would be that this period of higher inflation has worked its way into consumer expectations to the point that it will be to some degree self-perpetuating. Another would be that the tightness in the labor market won’t dissipate, with many of the people who left the workforce during the pandemic permanently on the sidelines.

For now, however, the big issue is that supply constraints haven’t gone away, and with the holidays approaching, the economy has entered the season of peak consumer demand. It won’t be until the first quarter, when demand for consumer goods is much lower, that supply constraints might ease. If inflation looked hot in October, just imagine what November and December might bring.

WSJ | Heard on the Street

tpcourt123

729 posts

Posted by tpcourt123 > 2021-11-15 16:10 | Report Abuse

sleep?

Posted by wallstreetrookie > 2021-11-16 11:32 | Report Abuse

Oriental Food Industries Holdings Berhad to report quarterly earnings

EPS estimate a bit low at 0.30

Posted by wallstreetrookie > 2021-11-16 11:33 | Report Abuse

Do not expect a massive earnings beat this quarter. Good luck

gohkimhock

2,941 posts

Posted by gohkimhock > 2021-11-25 18:29 | Report Abuse

results above expectations..

tpcourt123

729 posts

Posted by tpcourt123 > 2021-11-26 07:56 | Report Abuse

LU?

Posted by wallstreetrookie > 2021-12-13 11:37 | Report Abuse

Slap the ask.

Posted by wallstreetrookie > 2021-12-13 11:39 | Report Abuse

Failed rally a few months ago due to too many retail investors pilling on. The majority of retail has sold out according to my strategy. Expecting better revenues next quarter

Dakewlest

1,747 posts

Posted by Dakewlest > 2021-12-21 22:44 | Report Abuse

Thinking of buying. Any thoughts?

Noni

665 posts

Posted by Noni > 2022-01-13 23:17 | Report Abuse

I bought some again... CNY biscuits not tasty hahahah

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