Posted by abc333 > 2023-08-30 13:51 | Report Abuse

yah. revenues up so much.
since the expectation of Farmgate milk price to rise to 72.6 c/L in 2022–23 before falling to 62.5 c/L in 2023–24 has seem to be true. 14% reduction in sales cost may pump PBT to 26 millions. No wonder ARBDN bought so much shares, FFB is a gold cow.

Posted by abc333 > 2023-08-30 13:53 | Report Abuse

Australia business grow so fast! next is Singapore!

Posted by eugenewong794 > 2023-08-30 16:41 | Report Abuse

increase in milk price soon? as raw materials cost keep increasing, that why top line up but bottom line didnt grow, at least they didnt lose money on forex now compared to last quarter

Posted by abc333 > 2023-09-01 09:16 | Report Abuse

selling price has increased 5% since July. Thus , Q3 PBT will increase by 5 millions from the revenues, and the reduction of cost from raw materials and logistic will contribute another few millions.

Posted by birkincollector > 2023-09-04 13:50 | Report Abuse

come break 1.28 pls!

Posted by 4dking777 > 2023-09-04 15:25 | Report Abuse

Buy lor

Posted by birkincollector > 2023-09-05 19:47 | Report Abuse

amazing abdn and epf still buying

Posted by abc333 > 2023-09-06 09:42 | Report Abuse

retailers haunted by past result while ARBDN & EPF look into fundamental and future prospect.

Posted by abc333 > 2023-09-06 19:39 | Report Abuse

arbdn & EPF buy again

Posted by CharlieM > 2023-09-07 16:35 | Report Abuse

I like FFB but current valuation is still high P/E 46.

Posted by MILKMASTER2002 > 2023-09-07 17:26 | Report Abuse

follow epf no need to scare

Posted by 4dking777 > 2023-09-12 15:42 | Report Abuse

Epf still buying??

Posted by abc333 > 2023-09-13 12:56 | Report Abuse

Farm Fresh Bhd's earnings bottomed in the fourth quarter ended March 31, 2023 (4QFY2023), but are expected to improve sequentially, after the company raised its selling prices in July, while costs have declined, according to CGS-CIMB. The research outfit revealed at a briefing during the CGS-CIMB consumer conference 2023 on Sept 6 that Farm Fresh group chief financial officer Mohd Khairul Mat Hassan said farmgate prices of raw milk in Australia slipped 4%, while whole milk prices fell 24% year-on-year, in August.

Posted by Boyour > 2023-09-15 14:15 | Report Abuse

its in accumulating stage now waiting to breakout soon

Posted by DouglasLiu > 2023-09-19 14:23 | Report Abuse

Increased selling prices and lower raw material costs are expected to improve Farm Fresh Bhd’s (FFB) earnings sequentially, going forward.

https://www.thestar.com.my/business/business-news/2023/09/13/lower-cost-cheer-for-farm-fresh-earnings

Posted by Thaumoctopus > 2023-09-20 18:45 | Report Abuse

Upcoming dividend of RM0.01 per share at 0.8% yield. Need to buy the stock before 27 September 2023! Payment date is 10 October 2023.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-20 23:07 | Report Abuse

Farm Fresh
MKT CAP (RM'000) 2,283,742

Market Valuation
Adj MR PER - 5 Yr Avg 41.59
Adj PER - 5 Yr Range 30.35 - 61.34
Adj PER – Latest 45.35
Adj PER – Prosp 61.00
Adj DY (%) - 5 Yr Avg 0.70
Adj DY (%) - 5 Yr Range 0.58 - 1.01
Latest DY (%) on 22 DPS 0.88
Latest DY (%) on 23 DPS 0.82

Performance Info
ROE - 5 Yr Avg10.56
ROE - Latest FY 7.94

Latest YR D/E 0.55
NAB/Share (RM) 0.34
Latest PX / NAB 3.59
EV/EBITDA 25.43


Dutch Lady
MKT CAP (RM'000) 1,433,600
Market Valuation
Adj MR PER - 5 Yr Avg 27.29
Adj PER - 5 Yr Range 16.85 - 43.78
Adj PER – Latest 14.03
Adj PER – Prosp 18.67
Adj DY (%) - 5 Yr Avg 1.74
Adj DY (%) - 5 Yr Range 1.33 - 2.47
Latest DY (%) on 22 DPS 2.23
Latest DY (%) on 23 DPS 2.23

Performance Info
ROE - 5 Yr Avg 62.91
ROE - Latest FY 11.66

Latest YR D/E 0.02
NAB/Share (RM) 6.20
Latest PX / NAB 3.61
EV/EBITDA 14.72

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-20 23:17 | Report Abuse

Comparing Farm Fresh with Dutch Lady

Market cap of Farm Fresh (RM'000) 2,283,742
Market cap of Dutch Lady (RM'000) 1,433,600

Farm Fresh Adj PER – Latest 45.35
Dutch Lady Adj PER – Latest 14.03

Performance Info
Farm Fresh ROE - 5 Yr Avg10.56 ROE - Latest FY 7.94
Dutch Lady ROE - 5 Yr Avg 62.91 ROE - Latest FY 11.66


Farm Fresh Latest YR D/E 0.55 NAB/Share (RM) 0.34 Latest PX / NAB 3.59
EV/EBITDA 25.43
Dutch Lady Latest YR D/E 0.02 NAB/Share (RM) 6.20 Latest PX / NAB 3.61
EV/EBITDA 14.72

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-21 09:34 | Report Abuse

>>>
Posted by Alipapapa > 2022-03-22 10:29 | Report Abuse

Dairy Producer Farm Fresh Surges in Kuala Lumpur Trading Debut
Shares advance as much as 34% in early trade on Tuesday
It’s the country’s biggest initial public offering since July
ByFilipe Pacheco and Yantoultra Ngui
22 March 2022, 09:05 GMT+8
Malaysian dairy producer Farm Fresh Bhd. jumped in its trading debut in Kuala Lumpur, following the Southeast Asian country’s largest initial public offering since July.

The shares traded as high as 1.81 ringgit, after being sold at 1.35 ringgit each. The company and shareholders raised about 1 billion ringgit ($238 million) in an offering that lured a record 30 cornerstone investors including Abrdn and Franklin Templeton Asset Management (Malaysia).

The firm, which has a unit of sovereign wealth fund Khazanah Nasional Bhd. among its investors, is reviving the IPO market in Kuala Lumpur at a time of slow activity in traditional venues due to rising interest rates and Russia’s invasion of Ukraine. It’s the third company to list in the Bursa Malaysia this year and the largest since CTOS Digital Bhd. more than eight months ago.

The IPO allowed “investors to have exposure in defensive or non-cyclical stocks amid prevailing market volatility with the escalating Russia-Ukraine tensions and rising interest rate atmosphere,” analysts at JF Apex Securities Bhd wrote in a note before the shares started trading.

Outstanding Size
Farm Fresh's IPO was the largest in Malaysia in over eight months


Source: Bloomberg

Starting out producing dairy products from 60 cows imported from Australia, Farm Fresh had expanded to a network of more than 800 home dealers and 38 regional stockists as of last year, according to its website. It controls 18% of Malaysia’s ready-to-drink dairy market.

The company is set to get 301 million ringgit from the sale. It plans to use the money to build a manufacturing hub, a diary farm and processing facility in Malaysia as well as boost production in Australia and elsewhere in Southeast Asia.

“We like Farm Fresh for its strong market presence in Malaysia’s dairy industry, local and regional expansion plans. The company has a dividend policy of 25%,” Ronnie Tan, an analyst at Mercury Securities Sdn. Bhd. wrote in a note prior to the debut giving a subscribe recommendation on the shares.

CIMB Investment Bank, Maybank Investment Bank and Credit Suisse are joint global coordinators in the IPO.

>>>

Posted by i3lurker > 2023-09-22 04:44 |

Post removed.Why?

Posted by CharlieM > 2023-09-23 22:58 | Report Abuse

Personally I like FFB but Dlady is better mathematically..

Posted by DouglasLiu > 2023-09-25 09:37 | Report Abuse

Dlady's share price is expensive but its PE lower than FFB

Posted by DouglasLiu > 2023-09-27 17:31 | Report Abuse

Any good news spread during AGM?

Posted by TRexxx > 2023-09-27 18:25 | Report Abuse

1. Resolution 1
Description To approve a final single-tier dividend of 1.00 sen per ordinary share in respect of the financial year ended 31 March 2023.


Posted by DouglasLiu > 49 minutes ago | Report Abuse

Any good news spread during AGM?

Posted by birkincollector > 2023-09-27 19:04 | Report Abuse

both Aberdeen and EPF still buying......i guess 1.20 is the bottom

Posted by redhotpepper > 2023-09-28 19:59 | Report Abuse

Ffb have bottom out, I guess deswhy abdn and e p f kept buying at this bottom price

Posted by DouglasLiu > 2023-09-29 14:08 | Report Abuse

@TRexxx. Lol. Besides dividend declaration, any future expansion plan?

Posted by TRexxx > 2023-09-29 23:02 | Report Abuse

Lol... Nothing exciting 🤗

Posted by Kevin Tam > 2023-09-30 14:20 | Report Abuse

Some retail investors keep saying they like farm fresh n they r valued investors.... But valued investors dont look at the valuation of one counter n dont feel doubt that why farm fresh posted 2 below expectation quarterly profits ....With extraordinary high valuatuon n PE, dont understand why the UK fund want to continue to buy in FFB? Long term investment for its potential or parking money into Bursa counter n waiting to cash out later when ringgit gone up against USD in next year??

Posted by Zuliana > 2023-09-30 14:46 | Report Abuse

No for sure

Posted by DouglasLiu > 2023-10-02 14:48 | Report Abuse

@TRexxx. Okay. Ty 🙂

Posted by Zuliana > 2023-10-03 17:59 | Report Abuse

Fresh off la

Posted by soon2795 > 2023-10-08 10:48 | Report Abuse

Didnt know that Farm Fresh is not just only selling dairy products. There have venture into tourism too. Saw many local and foreigners visiting FARM FRESH @ UPM (Industry Centre of Excellence, ICoE).

Posted by birkincollector > 2023-10-08 13:39 | Report Abuse

its been at this level for a while eventhough EPF and Aberdeen keep buying....wonder whats the game

Posted by DouglasLiu > 2023-10-09 09:47 | Report Abuse

May be got another Healthy Meal Plan in Budget 2024 that probably will get the RTD milk supplies from FFB 😬

Posted by azfar8 > 2023-10-10 10:57 | Report Abuse

It drop because last few weeks market was underperforming, maybe going forward, it will continue to be traded above 1.20 back. As EPF and ABERDEEN also invest in this company, sooner or later, it will be back at the previous level

Posted by DouglasLiu > 2023-10-11 09:47 | Report Abuse

Beautiful, see many buying transactions up there

Posted by Thaumoctopus > 2023-10-11 20:25 | Report Abuse

Happy to receive the dividend yesterday~~!

Posted by DouglasLiu > 2023-10-12 17:49 | Report Abuse

Utilize the dividend money wisely. May be can reinvest FFB if it falls below 1.20 again 😉

Posted by hw0706 > 2023-10-23 20:50 | Report Abuse

valuation is expensive.

Posted by abc333 > 2023-11-04 12:07 | Report Abuse

arbdn not hesitate to collect all shares below 1.2. year end 1.5

Posted by lexwong89 > 2023-11-06 11:50 | Report Abuse

Not just arbdn, EPF as well!

Very little downside and more room for upside.

Those who said valuation is expensive now, please dump your shares. I'm betting on the stock's future performance. Looking forward to the upcoming new product launches.

Posted by lbeng606 > 2023-11-07 11:29 | Report Abuse

https://malaysiagazette.com/2023/10/23/bayar-juta-juta-tapi-astro-tak-pandai-jaga-penaja-farm-fresh/

FFB wasted millions for this hopeless endeavour. I wonder if FFB has done any market analysis on the consumers of its products. You think those who watch tasteless, substandard entertainment program have time & money to buy fresh milk? They'd rather choose some other unhealthy sustenance for their body & mind.

Posted by abc333 > 2023-11-08 09:41 | Report Abuse

https://en.amwalalghad.com/egypts-spiro-spathis-sales-rise-to-300-thanks-to-boycott-calls/

consumer switch from nestle to farmfresh ?

Posted by XiongDaDa > 2023-11-09 09:44 | Report Abuse

Yupe, market share of FFB will increase due to that

Posted by abc333 > 2023-11-09 16:09 | Report Abuse

farmfresh product selling price increased 5% since July. Coming QR , we shall see higher revenues ever. boycott not only benefit farmfresh products but the inside scoope , ice cream sales increased as people boycott baskin robins as well

Posted by abc333 > 2023-11-10 14:38 | Report Abuse

https://www.klsescreener.com/v2/news/view/1231219/nestle-starbucks-alami-kesan-negatif-boikot-pengguna

Posted by XiongDaDa > 2023-11-15 17:04 | Report Abuse

Farm fresh sales suddenly shoot up that time 😁 Bright side of that boycott

Posted by abc333 > 2023-11-16 12:53 | Report Abuse

nestle sales drop 20%. consumer switch to local foods. it will become a long term behaviour.

Posted by redhotpepper > 2023-11-17 16:03 | Report Abuse

Hmmm, seems quiet only, ffb not moving up