ORIENTAL FOOD INDUSTRIES HLDG

KLSE (MYR): OFI (7107)

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Last Price

1.65

Today's Change

-0.04 (2.37%)

Day's Change

1.65 - 1.66

Trading Volume

54,800


10 people like this.

709 comment(s). Last comment by dawchok 3 weeks ago

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-05 11:02 | Report Abuse

Good stock, make huge profit !

Posted by jordanmaggie61 > 2018-09-05 11:40 | Report Abuse

Yahoooo ! Good profit tho, can spend more already kikiki

apolloang

18,163 posts

Posted by apolloang > 2018-09-05 11:41 | Report Abuse

no open shop yet how u make profit?

Bijan

905 posts

Posted by Bijan > 2018-11-13 21:31 | Report Abuse

What happen, corrected many on rm0.71?

TheMiddle

789 posts

Posted by TheMiddle > 2018-11-27 21:21 | Report Abuse

Directors collect many shares at price of around 70cents

ramada

3,955 posts

Posted by ramada > 2018-11-29 20:48 | Report Abuse

RM0.50 to RM0.60 is a value buy, now not the right time yet.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7107

ramada

3,955 posts

Posted by ramada > 2018-11-29 20:48 | Report Abuse

Now the problem is balance sheet not as good as previous.

k6ii

1,873 posts

Posted by k6ii > 2019-01-11 16:49 | Report Abuse

This counter apa dah jadi?

lck1300

459 posts

Posted by lck1300 > 2019-01-18 11:13 | Report Abuse

everyone already buy your Zess roll cookie ???
hahaha

k6ii

1,873 posts

Posted by k6ii > 2019-01-23 10:50 | Report Abuse

roadblock 0.74....

mawiLegend

152 posts

Posted by mawiLegend > 2019-02-04 16:17 | Report Abuse

produk makananan sdh byk liao..run la..wat pa ini stock..buy tech stock laaa

lenu

29 posts

Posted by lenu > 2019-02-07 17:21 | Report Abuse

LENO bought INSAS, INSAS-WB and DAYANG

k6ii

1,873 posts

Posted by k6ii > 2019-02-22 09:14 | Report Abuse

ini dah wake up?

afauzino

29 posts

Posted by afauzino > 2019-02-22 11:29 | Report Abuse

Latest qtr announced on 21/2..eps 2.13 cts...better earnings lor.

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-02-26 13:17 | Report Abuse

Telan basta15 dulu

HoselGoh

188 posts

Posted by HoselGoh > 2019-02-27 11:06 | Report Abuse

T3 today. Haha. Will come later

Posted by PotentialGhost > 2019-03-08 11:58 | Report Abuse

will back to 2.00 soon

reime

80 posts

Posted by reime > 2019-03-11 15:19 | Report Abuse

nice.....buy2...heading rm 2

HoselGoh

188 posts

Posted by HoselGoh > 2019-04-18 15:58 | Report Abuse

Go go go

L2earn

349 posts

Posted by L2earn > 2019-05-08 00:30 | Report Abuse

good eh!

Cherrie

183 posts

Posted by Cherrie > 2019-05-08 20:36 | Report Abuse

Waiting it to cross Rm1.00 in near future.

Up_down

4,358 posts

Posted by Up_down > 2019-05-14 13:51 | Report Abuse

OFI may trade much higher if reporting EPS more than 1 cents in upcoming QR.

abangadik

2,305 posts

Posted by abangadik > 2019-05-15 21:24 | Report Abuse

Huat!

Up_down

4,358 posts

Posted by Up_down > 2019-05-15 22:22 | Report Abuse

Abangadik. Good to see you that have joined the boat. Hope its growth momentum remains after going through a series of obstacles over the past 2 years.

VenFx

14,784 posts

Posted by VenFx > 2019-05-15 23:31 | Report Abuse

Up_down & abangadik bro,
Nice to see you both here...

Looks like OFI has attracted your attention !
Hooyah !

Up_down

4,358 posts

Posted by Up_down > 2019-05-16 09:21 | Report Abuse

VenFx sifu, OFI stays in my watchlist for few years. They have spent much money in expansion projects but yet to yield positive returns. I have been waiting it to start turning around...This time, it seems like real after delivering a better QR in last quarter.

abangadik

2,305 posts

Posted by abangadik > 2019-05-16 09:44 | Report Abuse

Ven kor, Itu telur sudah kenyang kah? Up_down is my sifu. I only follow him buy but only when nobody want to buyla. now is too noisy liao hehehe.. I usually don’t add.

abangadik

2,305 posts

Posted by abangadik > 2019-05-16 09:46 | Report Abuse

As long as my wife continue to buy OFI’s snack as conform food. I will keep lor.

VenFx

14,784 posts

Posted by VenFx > 2019-05-16 09:58 | Report Abuse

Good morning
Bros hengtai & Up sifu,
My egg now need more light to hatching...hihi
OFI, i see its now at much stronger foothold and offer good value.

Up_down

4,358 posts

Posted by Up_down > 2019-05-16 10:10 | Report Abuse

Abangadik. Good supporter for OFI snack. Is there any increase in selling prices? No offer price for Slide potatoes chips at my side here as they used to be last year.

abangadik

2,305 posts

Posted by abangadik > 2019-05-16 11:13 | Report Abuse

the selling price didnt increase a lot hence I dont think too much differences for OFI as most of the time the price increase went to the retailer. You should know margin for producer, distributor

Up_down

4,358 posts

Posted by Up_down > 2019-05-16 12:19 | Report Abuse

There is sudden increase in GPM by 5% until 21.6% in Qtr 31 Dec 18 even though turnover hitting new high level. They used to fetch a low GP of 16% back to 1st 2nd Qtr. The company simply said it was due to 'higher gross margin' without giving any further detail. It could be due to combination of increasing selling prices, launching of higher margin new products and reduction in material costs (absent of start-up costs).

Gross Profit margin (GPM)
- 31 Jan 2019 - ???
- 31 Dec 2018 - 21.6%
- 30 Sep 2018 - 16.4%
- 30 Jun 2018 - 16.6%

abangadik

2,305 posts

Posted by abangadik > 2019-05-16 23:12 | Report Abuse

absent of start-up cost. I thought I read something along the line of export sales. I remember seeing their products in Family Mart, Qingdao China last year. Seems very popular.

abangadik

2,305 posts

Posted by abangadik > 2019-05-16 23:20 | Report Abuse

I am more of a product person. Zess strategy is beautifully executed. I look forward to see what kind of numbers they will manage to make. Distribution and customer acquzition costs should be reasonable as a lot of resources can be shared between snacks and biscuits.

VenFx

14,784 posts

Posted by VenFx > 2019-05-17 10:23 | Report Abuse

Interestingly discussion from hengtai & up sifu... hihi

Up_down

4,358 posts

Posted by Up_down > 2019-05-17 13:34 | Report Abuse

Start-up costs was quite substantial for a new factory. OFI started put the new factory in use in 4th Qtr 2017 and it has eaten big portions of the profit. It even drag further until suffering losses in 1st Qtr 18. It’s now a history. New products launching seems started in 2nd Qtr 18 and yielding good response in 4th Qtr 18.

shpg22

2,984 posts

Posted by shpg22 > 2019-05-30 18:17 | Report Abuse

Oya...lovin it. I m not eating all those junk produced by OFI tho.

bclim_83

230 posts

Posted by bclim_83 > 2019-05-30 18:48 | Report Abuse

1 of the most undervalued consumer companies with excellent track record since 1978. A few of its brands are market leaders not just in msia but also in some SEA countries like singapore, philipines..super rings has been around since i was a child and still doing pretty well today, and i believe in another 10-20 yrs...future growth will be from its biscuit segment. Another plus point about this company is the succession plan of the management as the 2nd generation taking charge now is quite young at 40++ and capable.. it is currently trading at pe of 13 compared to hupseng and pwroot with pe of 20

Up_down

4,358 posts

Posted by Up_down > 2019-05-30 20:33 | Report Abuse

Good QR. With the weakness trend of RM depreciating against US, gross margin is expected to improve further .

abangadik

2,305 posts

Posted by abangadik > 2019-06-26 03:59 | Report Abuse

Zess’s strategy is pretty much make a cheaper version of all the most popular biscuits out there. Most widely seen on billboard and pushing on the prime location in groceryshop would be the Oreo like version. Currently OFI is pushing the whole lineup of product in central penisular. This is what i gather and see on the ground so far.

bclim_83

230 posts

Posted by bclim_83 > 2019-07-23 08:13 | Report Abuse

1 of the cheapest consumer stocks compared to pwroot, hupseng. Only PE of 12 compared to industry average of 18 to 25

Posted by You Hang > 2019-08-03 10:19 | Report Abuse

Any opinion for the AR?

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-22 10:51 | Report Abuse

Oriental Food's
Cheese ball snack , i just love it.
With natural coloring (hope ofi keep it that way).

Many Snack foods producers in Malaysia using less quality raw materials and too much additive; even big name potatoes snack producers has squeezed the sizes of the potatoes.

Oriental's Snack Food (with natural coloring)
Every bite and chewing are very comfortable to our tongue.

Many snack producers, i dislike their snacks
Because every bite it is burdening my tongue and stomach.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-22 10:53 | Report Abuse

I sense , every OFI snacks
Shall bring full enjoyment to my tongue till the ladt chip.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-22 10:54 | Report Abuse

Keep it up Oriental Food

Maxtrader

216 posts

Posted by Maxtrader > 2019-11-04 16:00 | Report Abuse

Such a good counter also can drop like this.

VinLol123

18 posts

Posted by VinLol123 > 2019-11-12 18:59 | Report Abuse

because of blackpink?

mf

29,380 posts

Posted by mf > 2019-11-12 19:04 | Report Abuse

Super ring

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