must hold. Slowly slowly it will realise its true value. The current price is seriously undervalued. Same like MahSing type. Once it moves up, no looking back.
this vegie stock is much better than chicken stock...vegie prices are actually higher than chicken per kilo... and consumed daily by all compared to chicken...
Global Fresh vegetables market size was valued at USD 650.25 billion in 2022 and is poised to grow from USD 814.11 billion in 2023 to USD 4914.95 billion by 2031, growing at a CAGR of 25.2% in the forecast period (2024-2031)
@5354 if you want high NTA companies, you should buy only property companies. They have high NTA because of land ie fixed assets. All these NTA is not going to help you make your business to generate cash/revenue/income except only for disposal of assets; land development, or going under receivership.
No, but Apex said that still, it does not discount the potential reward of a 0.5 sen per share dividend in FY2024 and a 0.6 sen per share dividend in FY2025, representing a below 20% pay-out from projected core net profit.
i think most likely they will give. They don't want people to say they are a low-rated vegetable wholesaler. Image is also important since they have done so much. Attractive website, got uniform, got cold truck, got so many policies etc..
Farm Price punya price holding strong.. sources said apparently they have institutional shareholders already. good sign.. dont play play. now selling vege also got standard already thanks to Farm Price 😁
Fair value given by Institutions: Apex = 0.42 sen (75% premium) ✔ Mercury = 0.29 sen (21% premium) ✔ M+ = 0.445 sen (85% premium) ✔ PBB = 0.30 sen (25% premium) ✔ TA = 0.25 sen (4% premium) ✔
they wrongly priced the IPO at too low price. Afraid of low take up rate. In the end, it's over subscription rate was impressive and it's opening price was a hit. This counter should not be trading below RM0.80
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....
CapitalCraftsman
103 posts
Posted by CapitalCraftsman > 2024-05-27 12:06 | Report Abuse
Great momentum ! Looks like Farm price is gonna break 45 cents soon