Coming back to my point about immediate term effects of taking over an ice cream business, what FFB would probably be able to do is add to their consolidated accounts to show higher revenue and profits, since Inside Scoop already has a steady stream of revenue and profit. And adding to that, FFB has the raw materials to supply InScoop thus lowering the cost of business and increasing profit margin. Time will tell.
What the hell, I tried to purchase FFB milk, but out of stock in Tesco Shah Alam, and not stocked at other ordinary supermarkets in Shah Alam, I am trying to support my sharesma.
price discovery in downward spiral... like someone said: Best not to try catch a falling knife. Numbers looks fuzzy, no clear stewardship, expect low, very lows to be hit. Their management also reporting quality is very poor...so take your chances. EPS and DPS is your guide, do the maths to figure out how low it can/will go. Forget IPO numbers, semua kena goreng ady.
To be fair, the Farm Fresh brand is gaining foothold in chilled milk sector.. see it all around everywhere in Klang Valley. If the management efficiently manage and report transparently, maybe they can grow to rival market leader. Susu cap junjung still leads the way.
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....
thundery
278 posts
Posted by thundery > 2023-02-24 13:13 | Report Abuse
bad move, core buisness not take care or proven enough yet, want to extend to TeaLive kind of niaga, wasting investor IPO investing