Umm, well, I wish I could tell ya for absolute certain, bro. If only I could find a working crystal ball at BTS, LaLaPort or somewhere in TRX, ha ha ha.
OBHB is in fortified food and beverages (F&B) and dietary supplements to third party brand owners and Orgabio is in beverages premix manufacturer. OBHB @ 0.25 is trading at forward PE 17 & Orgabio @ 0.385 is trading at forward PE 23.
OBHB are in compliance with various International & Malaysian recognized standards incl. U.S FDA ( Food & Drug Administration), U.S. HACCP (Hazard Analysis Critical Control Points System) , Australia NASAA Certified Organic, ISO 9001:2015 International Quality Management System, MeSTI from Kementerian Kesihatan, NPRA Malaysia from National Pharmaceutical Regulatory Agency, GMP Certified Good Manufacturing Practises, Halal Cert, etc. Kindly refer to the co presentation slides posted in BursaKakis Telegram Channel.
We ascribe a fair value of RM0.385 (an upside of 60.4% against IPO price of RM0.24) for OBHB. Our valuation is derived by pegging a P/E of 18x to the mid-FY26f EPS of 2.13 sen. We believe the P/E of 18x is fair, given that the average P/E of the closest peers (Fig #7) stands at 17.6x - Mcca Securities
They are so confident on that dispute issue with Nature One Dairy.
That Obhb issue statement: “However, Orient Biotech has put NOD on notice that it will hold NOD liable and seek full indemnification from NOD from and against all losses, damages, claims, expenses, proceedings, suits, legal costs (on a solicitor and client basis) that Orient Biotech may suffer as a consequence of the Dispute Notice, including but not limited to arising from compliance with NOD’s cease and desist demand, if NOD’s claims are found to be unsubstantiated or without merit,”
Obhb told the media that: “Based on the presented facts, there are differences between formulations and ingredients of the Relevant Product and NOD’s milk powder products. The common ingredients are generic and found in other products with similar purposes and benefits.
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DreamKaiser
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Posted by DreamKaiser > 2 months ago | Report Abuse
Wow. Another interesting looking one for the Kaiser to get the ball🏀 rolling. Cool😎.