RHONE MA HOLDINGS BERHAD

KLSE (MYR): RHONEMA (5278)

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Last Price

0.68

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


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426 comment(s). Last comment by wallstreetrookie 2 weeks ago

Posted by wallstreetrookie > 2022-03-09 22:52 | Report Abuse

!remindme in 3 years.

9 March 2025

Posted by wallstreetrookie > 2022-03-09 22:53 | Report Abuse

Anymore private placement, I want to subscribe

Posted by wallstreetrookie > 2022-03-11 20:56 | Report Abuse

Got some shares of Farm Fresh. After the IPO, pumping profits into Rhone-ma

Blacksails

748 posts

Posted by Blacksails > 2022-03-14 21:08 | Report Abuse

Last month i bought 3 liter fresh milk from Lotus's supermarket for only RM2.00 only

Posted by wallstreetrookie > 2022-03-14 21:09 | Report Abuse

Farm Fresh is a bad long term investment. Rhone-ma is well-diversified.

Posted by wallstreetrookie > 2022-03-14 21:09 | Report Abuse

Dude, I am definitely selling Farm Fresh at open and buy more Rhone-ma.

Posted by wallstreetrookie > 2022-03-15 08:25 | Report Abuse

Rhone-ma is a sleeping giant. 1000x better than FFB. Farm Fresh is going to tank after IPO. I have never seen an IPO survive such high valuation except Mr DIY and Public Bank all the banks

Posted by wallstreetrookie > 2022-03-15 08:28 | Report Abuse

Rhone-ma will fly in 2025. Mark your calendars

Posted by wallstreetrookie > 2022-03-15 08:30 | Report Abuse

Rhone-ma is the next QL Resources
Farm Fresh is the next Leong Hup International
Too much hype never ends up well. Even Mr DIY is a miracle

Posted by wallstreetrookie > 2022-03-15 08:30 | Report Abuse

Asking my grandma to all in Rhone-ma

Posted by wallstreetrookie > 2022-03-15 08:31 | Report Abuse

Currently the best long term opportunity I can find on Bursa

Posted by wallstreetrookie > 2022-03-15 12:40 | Report Abuse

Henry Goh from KLSE Screener wants to buy at 50 cents

Posted by wallstreetrookie > 2022-03-16 17:55 | Report Abuse

I promise you guys, if I make a lot of money from the Farm Fresh IPO, I will pump Rhone-ma

Posted by wallstreetrookie > 2022-03-16 17:55 | Report Abuse

Farm Fresh is Leong Hup International
Rhone-ma is the next QL Resources

Posted by wallstreetrookie > 2022-03-16 18:12 | Report Abuse

@Got_Milk Why do you keep promoting on public forum? Keep quiet and slowly collect

Posted by wallstreetrookie > 2022-03-16 18:12 | Report Abuse

No need to promote

Posted by wallstreetrookie > 2022-03-16 18:13 | Report Abuse

Don't promote on KLSE Screener especially. A lot of gamblers and traders on KLSE Screener. i3investor more long-term oriented investors

rikki

2,015 posts

Posted by rikki > 2022-03-17 17:31 | Report Abuse

Rhone Ma Holdings Bhd (Fundamental BUY with TP RM1.07)
• Rhone Ma Holdings Bhd (Rhone Ma) is an end-to-end animal health solution provider. The company ventured into fresh milk production in 2019.
• Despite the slow business environment during the Covid-19 pandemic, Rhone Ma’s revenue has recorded a 12% CAGR over the past 2 years. In tandem with the expanding market revenue in Animal Health and Nutrition Industry, the company’s market share has grown from 4.7% in 2018 to 5.8% in 2021.
• Rhone Ma’s GMP compliant plant in Nilai which has a production capacity of 2,500 MT/year has commenced operation in April 2021. The plant is currently 35% utilised and is expected to increase gradually. Management guided the plant to reach full utilisation rate by end 2023 as the PJ GMP compliant plant has been running at full capacity (637 MT/year).
• Its Human Healthcare segment revenue grew 231% in 2021, attributed to the Covid-19 outbreak. The company’s CiTest Covid-19 Antigen Rapid Test Kit is widely used by clinics and hospitals. Moving forward, Rhone Ma will continue its R&D effort to expand its human healthcare products range such as other purpose test kit.
• We see Rhone Ma’s venturing into Ruminant industry as synergistic to its animal health product segment. Meanwhile, the government aims to increase the country’s fresh milk self-sufficiency level to 100% within five years; and this will create an opportunity to its 49% owned A2 Fresh SB. The company is planning to expand its dairy farm from 300 cattle to 500 cattle by end 2022, producing its own brand milk targeted to launch in 1Q2023.
• According to Protégé Associates, the Animal Health and Nutrition Industry has grown to a RM2.33bn revenue industry vs RM2.09bn in 2018. We see Rhone Ma is well positioned in the growing livestock market in Malaysia. BUY with a target price of RM1.07 based on 18x PER FY22F (3-year average).
• Financially, the company’s leverage is manageable with net gearing of less than 10%.

Rakuten Trade Research 17/3/2022

Posted by wallstreetrookie > 2022-03-17 18:26 | Report Abuse

Don't promote on KLSE screener

Posted by wallstreetrookie > 2022-03-18 10:45 | Report Abuse

I am excited guys

Posted by wallstreetrookie > 2022-03-18 11:35 | Report Abuse

Stay quiet and don't promote on KLSE Screener. Henry Goh bought a lot quietly

Nathan27

425 posts

Posted by Nathan27 > 2022-03-23 15:36 | Report Abuse

Good company but not good operator , boss don’t want to play his counter.. so obvious blocking the share price from moving up… to those who are not in yet, go find better operators with more commitment , those already in, just forget about it, rhonema won’t move anytime soon… cheers..

Posted by wallstreetrookie > 2022-03-25 16:59 | Report Abuse

Bursa Company Warrants Guide 2022
1. Revenue-WA
2. Sernkou-WA
3. Rhonema-WA

Posted by wallstreetrookie > 2022-03-25 17:38 | Report Abuse

There is no such thing as operator
Only buy-side institutions, foreign institution, insiders, substantial shareholders, market-makers, wealthy clients (sophisticated), and retail investors.
Quit obsessing on the concept of "operator"

Posted by wallstreetrookie > 2022-03-25 17:38 | Report Abuse

It is always too late to buy a stock when hot money and asset managers rush in

Posted by wallstreetrookie > 2022-03-25 17:39 | Report Abuse

If you wanna buy stocks with heavy "operator" activity, go to MPI and UWC. But do you have the guts? What if sell-side dumps their stocks on you?

Posted by wallstreetrookie > 2022-03-25 17:39 | Report Abuse

It is part of the price discovery, Buy before asset managers deploy their capital

Posted by wallstreetrookie > 2022-03-25 17:39 | Report Abuse

I can also become the "operator" if I buy enough, but it is not the time yet

Posted by wallstreetrookie > 2022-03-25 17:40 | Report Abuse

Once I see enough order book, you bet I am going all in

awesome20

1,083 posts

Posted by awesome20 > 2022-04-05 19:44 | Report Abuse

egg theme

Peace99

1,853 posts

Posted by Peace99 > 2022-04-06 17:45 | Report Abuse

@wallstreetrookie How to qualify for private placement?

Posted by wallstreetrookie > 2022-04-06 19:56 | Report Abuse

2-5 M liquid asset

Peace99

1,853 posts

Posted by Peace99 > 2022-04-06 20:31 | Report Abuse

TQ. Assuming one day I have that $ haha then approach the company directly?

Posted by HEnryGoh > 2022-04-26 13:52 | Report Abuse

hi wallstreetrookie i am henry goh from klse screener u did mentioned just noticed my name being commented haha

Noni

511 posts

Posted by Noni > 2022-05-03 11:11 | Report Abuse

Yenher doing same business. Which would you pick ?

stockraider

30,107 posts

Posted by stockraider > 2022-05-03 11:48 | Report Abuse

Not totally the same mah!

Rhonema has make dairy its 2nd core business mah!

terence775

541 posts

Posted by terence775 > 2022-05-09 16:21 | Report Abuse

Noni, the businesses are actually quite different between the two companies

Do look into the quarterly reports and compare.

Posted by donkeycharles > 2022-05-10 09:56 | Report Abuse

will the war affect the cost of the food for the cows?

Posted by veterinarian > 2022-05-16 21:43 | Report Abuse

"During the 1849 California Gold Rush, few prospectors struck it rich. Most of the people who made money back then were those who “sold shovels” (and jeans, tents, pickaxes and other supplies and services) to the prospectors "

Posted by veterinarian > 2022-05-17 00:18 | Report Abuse

Rhonema provides animal health & nutrition products and services to the pets, poultry, ruminant, swine sectors (by revenue)

Posted by wallstreetrookie > 2022-05-20 16:09 | Report Abuse

Someone promoting this stock on Stockb*its

Posted by wallstreetrookie > 2022-05-22 07:43 | Report Abuse

Guys, seriously stop promoting Rhone-ma on Facebook

Posted by wallstreetrookie > 2022-06-17 14:27 | Report Abuse

Promote again

Got_Milk

29 posts

Posted by Got_Milk > 2022-08-02 19:05 | Report Abuse

JCorp returns to the black in FY21, with PAT of RM379m
Bernama
August 02, 2022 16:50 pm +08

https://www.theedgemarkets.com/article/jcorp-returns-black-fy21-pat-rm379m

Got_Milk

29 posts

Posted by Got_Milk > 2022-08-08 14:13 | Report Abuse

FGV ventures into integrated dairy farm business in Chuping, eyes 100 million litres of fresh milk a year
theedgemarkets.com
August 08, 2022 11:07 am +08

https://www.theedgemarkets.com/article/fgv-ventures-integrated-dairy-farm-business-chuping-eyes-100-million-litres-fresh-milk-year

-Rhone is one of the leading Ruminant animal health and nutrition providers in the country

Got_Milk

29 posts

Posted by Got_Milk > 2 months ago | Report Abuse

2nd Quarter 2022 was lower QoQ impacted by high raw material prices. The price of corn, soybean and wheat currently have all dropped significantly from the peaks in 2Q22. In addition 3Q and 4Q are traditionally stronger quarters...most importantly from a YoY basis (eg 2Q22 vs 2Q21 and 1Q22 vs 1Q21) Rhone continues to show double digit growth. FY2022 might be the year Rhone delivers record high profits (for comparison, the all time high share price was RM1.3x in 2017). The MD has recently started buying shares from the open market

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Good research by Got_MIlk as always

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Still unfathomable how Rhone-ma trades at such a significant discount from Farm Fresh

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