BERJAYA FOOD BERHAD

KLSE (MYR): BJFOOD (5196)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.11

Today's Change

+0.04 (0.98%)

Day's Change

4.02 - 4.12

Trading Volume

1,489,500

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

4.11

Avg Target Price

3.34

Upside/Downside

-0.77 (18.73%)

Price Call

0

SELL

0

HOLD

19

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
7 people like this. Showing 50 of 1,189 comments

wallstreetrookie

This bulldog is such a joke. Keeps asking people to buy at the top. Useless

3 weeks ago

wallstreetrookie

#Banbulldog on i3 forum. Bulldog should be banned from commenting. This bulldog manipulated counters such as Woodland, Bonia, Berjaya Asset, Berjaya Corporation and many micro caps stock. Really cunning fella

3 weeks ago

beinvested

Talk is easy. How to fix it again at RM3. 80 for a Dollar? Unless the gov have enough of USD in your drawer else the Centre Bank will not be sacrificed from your mischief and mismanagement of the hutang negara. Now, exceeded RM4. 40,

3 weeks ago

treasurehunt

Friday and today last minute bought in big quantities have given chance to cash out.

3 weeks ago

treasurehunt

Bonus issues 4 for 1.

3 weeks ago

NatsukoMishima

Cunning fox already run at peak ! Habis liao bonus issue 4:1 , confirm drop kaw kaw ! No more corner to play !

3 weeks ago

beinvested

The increment of the interest rate from the Fed Reserve/USA is seemed unavoidable. The interest rate is used as a tool to tackle the inflationary effects on the price and the money supply.

The borrowers are very sensitive towards the increment of lending rate from the banks. They would dispose the investment even in overseas and move the money back to US to reduce the loans outstanding which will reduce the cost of their borrowings. If the selling is at a larger scale over the various markets whether in Asia or Europe, the selling with cause the various bourses to suffer decline. The local currencies will also subject to depression when the proceeds from the disposal of equities/shares are being sold for the the demand of USD before repatriating the funds back to US.

So, the impacted areas are the decline of the indexes of the stock exchange and also the currencies as a result of the movement/increment of the interest rate in the US.

3 weeks ago

PETERMOO

What jv- paris- baguette- Singapore ??can please give some details?

2 weeks ago

PETERMOO

Berjaya Food Bhd, which operates the Starbucks and Kenny Roger's Roasters franchise in Malaysia, is set to announce a joint venture (JV) with international bakery operator Paris Baguette Singapore. The JV signing ceremony is scheduled to be held next Monday (June 20) at Berjaya Times Square Hotel, according to an invite sent out to the media. (TheEdge)

2 weeks ago

treasurehunt

Double top is forming? It reminds me of Kotra.

2 weeks ago

wallstreetrookie

See, this Vincent Tan always dump on retail investors

2 weeks ago

wallstreetrookie

Always sell before Vincent Tan sells

2 weeks ago

wallstreetrookie

Buying Berjaya Food = Fighting against CEO and director
You make money from them, don't let them make money from YOU

2 weeks ago

wallstreetrookie

Sell all Berjaya Food

2 weeks ago

mf

Dow Jones

Dow Jones Industrial Average

29,946.44

-722.09

2.35%

Nasdaq

NASDAQ Composite

10,693.32

-405.82

3.65%

2 weeks ago

bulldog

Accumulation in progress


Huat chaiii

2 weeks ago

bulldog

Bonus coming


Huat chaiii

2 weeks ago

wallstreetrookie

Vincent Tan dumping again

2 weeks ago

wallstreetrookie

Berjaya Food off-market transactions (SELL) incoming

2 weeks ago

bulldog

Accumulation in progress
Bonus coming

Huat chaiii

2 weeks ago

wallstreetrookie

Another off-market trade bulldog haha

2 weeks ago

wallstreetrookie

bulldog I know you are a smart trader

2 weeks ago

wallstreetrookie

Before market close, you can see the off-market transaction filling. Just need to pay Bursa additional fees, expensive af but worth it

2 weeks ago

treasurehunt

Locking profit trend nowadays?

1 week ago

goody99

bonus issue is usually the poison that ends an uptrend. Hope I am wrong in this case

1 week ago

gemfinder

Post removed.Why?

1 week ago

PETERMOO

Investment Highlights

We maintain our BUY call on Berjaya Food (BFood) with a higher DCF-derived fair value (FV) (WACC: 8.7% and terminal growth rate: 1%) of RM5.05/share (from RM3.30/share previously), based on revised earnings. Our FV implies 14.5x PE, based on FY23F EPS.
We are revising our earnings forecasts upwards by 34% for FY22F, 42% for FY23F and 51% for FY24F after imputing more bullish sales and margin assumptions. Starbucks Malaysia’s earnings, which account for 96% of BFood’s FY22F net profit, are expected to remain resilient, underpinned by high customer retention rates and effectiveness of the company’s strategy in generating consumer interest through switching outlet formats, leveraging third-party delivery services, and change in customers’ loyalty reward programme.
Following the earnings revision, BFood is now our sector’s top pick. Leveraging on Starbucks’ strong brand equity, we believe BFood is relatively in a better position to compete in retaining consumers’ share of wallet under the current inflationary environment compared to its peers. In addition, Starbucks’ target audience of middle to high-income groups are likely to be more sticky given their bigger discretionary income buffer and more resilient spending habits to offset rising costs of living.
To fight against rising raw material prices, BFood is taking a different approach compared to its peers. Instead of passing the additional costs to end-consumers, the company is actively improving its product portfolio by pushing higher-margin products and widening offerings.
Anecdotally, Starbucks Malaysia appears to be running more aggressive marketing campaigns on promoting seasonal blended beverages which tend to have better margins. Capitalising on strong branding and customer loyalty, the brand also widened its merchandise offerings. The company is also taking active measures to diversify Kenny Rogers Roasters’ (KRR) offerings by reducing its heavy exposure to one single cost item i.e. chicken.
The group’s new venture, Paris Baguette’s earnings contribution is expected to be immaterial in the near-term as it goes through a gestation period. Pending the completion of SPC Group’s distribution facility in Johor (estimated in June 2023), we believe the bakery chain stores will likely have to import its key raw materials and this may limit its near-term earnings upside potential.
Nevertheless, we believe that Paris Baguette is a positive addition as it will help to extend BFood’s potential growth runway. The group’s strategy to progressively open 5 outlets/year, or a total of 50 stores in 10 years, will avoid potential over-investment while giving local consumers an opportunity to develop an appetite for the Paris Baguette brand.
Other Key Points on Paris Baguette Joint Venture

The initial investment of RM30mil by the joint venture entity (BFood’s portion: RM15mil), will be utilised to open the first few outlets and covers the business’ operating expenses at the initial stage. The first store will be in Klang Valley and expected to commence operation by the end of 2022.



Source: AmInvest Research - 23 Jun 2022

1 week ago

PETERMOO

BJFOOD bettered position to ride out the inflation storm

1 week ago

fruitcake

oops...what happened french loaves?

1 week ago

KooSan

becomes french fries

1 week ago

fruitcake

sure 'die' below 4

1 week ago

fruitcake

why so much today? uncle V ok kah?

1 week ago

thundery

Uncle V cabut lo

1 week ago

fruitcake

hahaha. c kiau kiau

1 week ago

treasurehunt

2 pieces of upside down Coffee Cup hanging lor.

1 week ago

fruitcake

the big snake selling

1 week ago

fruitcake

repeat. the big snake selling

1 week ago

HungryLokLok

ahahahah the history repeats again, typical

1 week ago

fruitcake

amazing show

1 week ago

PETERMOO

Serving starbuck coffee n Baquette bread tomorrow! Yes??

4 days ago

wallstreetrookie

Bonus issue

4 days ago

wallstreetrookie

Vincent Tan doesn't want foreign company to take over his love baby (Starbucks Malaysia, Kenny Roger). Uni-President Taiwan needs to pay a hefty price to acquire Berjaya Food. Corporate battle

4 days ago

PETERMOO

But majority BJFOOD shares under lock in strongroom under VT’s hawk eyes! How to takeover friend!?

3 days ago

PETERMOO

Just wait n watch the Sword fights if there’s one soon!

3 days ago

PETERMOO

BJFOOD shares buy back

1 day ago

observatory

Not just Vincent Tan, even CEO Sydney Lawrance Quays has been selling shares. Maybe the company is buying back shares to avoid dilution due to ESOS. But it gives the impression that top is selling while the company maintains the share price.

17 hours ago

PETERMOO

Corporate Balancing n Strategy Game??

8 hours ago

pang72

Good afternoon Starbuck coffee

4 hours ago

wallstreetrookie

Vincent Tan has huge ego. He cannot let foreign company take over Berjaya Food

1 hour ago

Post a Comment