-EPF acquired 454,000 shares Farm Fresh Bhd on 01-Apr-2022. -EPF acquired 371,300 shares Farm Fresh Bhd on 01-Apr-2022. -EPF acquired 136,100 shares Farm Fresh Bhd on 01-Apr-2022. -EPF acquired 1,210,500 shares Farm Fresh Bhd on 31-Mar-2022. -EPF acquired 669,000 shares Farm Fresh Bhd on 31-Mar-2022. -EPF acquired 363,000 shares Farm Fresh Bhd on 31-Mar-2022. -EPF acquired 641,900 shares Farm Fresh Bhd on 30-Mar-2022. -EPF acquired 192,500 shares Farm Fresh Bhd on 30-Mar-2022.
From 28 Mac 2022 to 31 Mac 2022 trader sell the shares for 4 consecutive days but see how EPF collect by buying the dips? EPF acquired 2.2 million shares on the day retailer sell on 31 Mac 2022.
Currently at resistance 1.775- 1.785. If we clear 1.815 and retest as support then more upside is possible. Tho i missed the trade expecting lower but I'm fine trading with where the chart wants to go.
Farm Fresh is one of the major beneficiary of such massive cash injection from government that will give direct impact into the food & beverages sector.
Cash injection by government to Malaysians for this 2022: 1. Bantuan Keluarga Malaysia (BRIM alike) -total allocation of RM8.2 billion cash injection -payout starting 28 March 2022, June 2022 -Malaysian will receive rm350 to rm2300 -B40 major recipient https://www.theedgemarkets.com/article/tengku-zafrul-rm82b-bantuan-kel...
6. Not to meantion our Muslim friends will spend extra for this Ramadhan fasting on April & Raya Aidilfitri on May together add up with their salary to be spend
A total nearly RM73 billion of massive cash injection from government will contribute to local economic growth and stimulate spending growth especially to Food & Beverage sector like Farm Fresh. You can imagine my friend the next coming quarter report Farm Fresh earnings and profit. So the real Farm Fresh fly-price will start on the date of those payout above stated. Now only warming up, it is not too late to buy this stock.
U sendiri tau ma, Malaysian bila ada duit suka makan-minum. Sikit-sikit lets go find some food, sikit-sikit lets go find some drink.
Mr rr88 kepala petak, ekor ciput. you dont worry too much to cut loss or not because recently you emphasis that when puasa time coming, the whole stock market and companies will surely follow to sleep.
More over, you also said that the indicator for Farm Fresh sales is look at the whole Malaysian will only choose tebu water and coconut water rather they choose any other drinks such as Farm Fresh, etc etc. That is a very comprehensive research and data you publish man. That is why i think your investing method of Fundamental Analysis is almost similar like Warren Buffet. We glad to have you man.
Malaysia's wholesale, retail trade sale up 8.5% to RM117.2bil in 2022.
Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the better performance to the retail trade sub-sector which increased by 10.2 per cent or RM4.5 billion to RM48.8 billion.
The retail sales of food, beverages and tobacco also increased by 8.6 per cent.
"This was followed by wholesale of food, beverages and tobacco which grew by 9.2 per cent to RM10.9 billion," said Mohd Uzir, adding that the wholesale of agricultural raw materials and live animals also increased 15.9 per cent to RM4.7 billion.
News 13 April 2022: SERC sees Malaysia’s services sector recovery continuing.
The Socio-Economic Research Centre (SERC) says services sector such as wholesale, retail trade, entertainment, food & beverage will regain the strongest growth.
Its executive director Lee Heng Guie said in a virtual briefing the growth this year will be underpinned largely by a sustained rebound in domestic demand, especially private consumption and public spending.
According to Lee, domestic demand will anchor the recovery in 2022. While he revised higher his private consumption growth estimate to 6.5% in 2022 from 5.9% previously.
”While we reckon that pent-up demand, cash handouts and the fourth round of Employees Provident Fund (EPF) withdrawals will support consumer spending,”he said.
He said the services sector will regain the strongest growth, which is estimated at 6.1% in 2022 (1.9% in 2021), mainly due to the revival of domestic demand and the anticipated rebound of tourism and related services sectors.
general sentiment for economy on the Farm Fresh sector is nice..
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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....
shavemyfurm
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Posted by shavemyfurm > 2022-04-06 12:44 | Report Abuse
Raya, strong demand in milk.