Major shareholder insider dump because costs will keep rising dilute profit margin , can't compete with dutch lady ! Net loss coming during coming high rates era !
Dont worry.. money can earn back. You can hold of let go now. Its up to you. loosing 5 digits for me now also no big deal as in we take it as part of the game.
Smallrail - you mesti tak pernah cut loss RM 5 digit loss ha. Thats y you struggle to decide. Means all the while you so good, never lose that much ha. my record is cut loss 6 digit my fren. so no worries.
What is bank TP. Seem like after QR, bank all silent to gave TP.
_______ Bankers all dump to you already during high price espeacially those bilis who listen to youtuber ! They also lazy to look at this stock anymore!
IPO price 1.35 This values the company at approximately 69 times its FY2021 (ended March 31) profit of RM36.2 million and 36 times its adjusted profit of RM69 million, after taking into consideration factors that include one-off tax liability expenses which are not part of its core earnings. Lifted from The Edge report.
This announcement is made with reference to the unusual market activity and rumours circulating on Farm Fresh Berhad, drawing on the recent announcement by Bega Group (ASX: BGA) on the decline in Australian milk production resulting in intense competition for raw milk, leading to Bega Group expecting a decline in performance and an expected non-cash impairment in the range of AUD180m to AUD280m in its audited results (subject to finalisation). While Farm Fresh Berhad is also impacted by the less then expected decrease in farmgate milk prices in Australia as we do purchase milk from third party farmers in Australia, we are much less impacted compared to Bega Group. Bega Group exclusively purchases 100% of its milk requirements from farmers in Australia whilst our purchase of milk ingredients from third party farmers in Australia is expected to account for approximately 14% of our total milk ingredients of equivalent to more than 100 million litres in the financial year ended 31 March 2024. Additionally, 70% of the raw milk used by us comes from our own farms in both Malaysia and Australia.
We continue to take into account various factors in determining our investments in our upstream, midstream and downstream operations, the input costs and variations that occur from time to time, to ensure we do not depend heavily on any specific milk ingredients source.
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....
learnbyheart
522 posts
Posted by learnbyheart > 2023-07-04 11:24 | Report Abuse
sudah amik at 0.995..tutup platform dulu