BERJAYA FOOD BERHAD
KLSE (MYR): BJFOOD (5196)
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Last Price
3.90
Today's Change
0.00 (0.00%)
Day's Change
3.90 - 3.90
Trading Volume
11,200
Analysis
Technical Analysis
Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics.
Popular technical indicators such as moving averages, relative strength index, William R%, Money Flow Index, Percentage Price Oscillator, Moving Average Convergence-Divergence and Stochastic Oscillator are used to analyze the trend, momentum and strength of a stock.
Simple Moving Average
Name
Value
Variance
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
Exponential Moving Average
Name
Value
Variance
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
Relative Strength Index
Name
Value
RSI 9
6.604
RSI 9
6.604
RSI 9
6.604
Percentage Price Oscillator
Name
PPO
Signal
Variance
5,35,5
-12.07
-10.37
-1.70 | -16%
5,35,5
-12.07
-10.37
-1.70 | -16%
William %R
Name
Value
%R-9
-88.496%
%R-9
-88.496%
%R-9
-88.496%
Moving Average Convergence-Divergence
Name
PPO
Signal
Variance
5,35,5
-12.07
-10.37
-1.70 | -16%
5,35,5
-12.07
-10.37
-1.70 | -16%
Money Flow Index
Name
Value
MFI-9
6.348
MFI-9
6.348
MFI-9
6.348
Stochastic Oscillator
%K (Fast)
6.348
%K (Fast)
6.348
%K (Fast)
6.348
%K (Fast)
6.348
Rate of Change
Name
Value
MFI-21
29.833
MFI-21
29.833
MFI-21
29.833
MFI-21
29.833
Discussions
7 people like this. Showing 50 of 1,193 comments
Cunning fox already run at peak ! Habis liao bonus issue 4:1 , confirm drop kaw kaw ! No more corner to play !
2 months ago
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.
2 months ago
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 months ago
Buying Berjaya Food = Fighting against CEO and director
You make money from them, don't let them make money from YOU
1 month ago
Dow Jones
Dow Jones Industrial Average
29,946.44
-722.09
2.35%
Nasdaq
NASDAQ Composite
10,693.32
-405.82
3.65%
1 month ago
Before market close, you can see the off-market transaction filling. Just need to pay Bursa additional fees, expensive af but worth it
1 month ago
bonus issue is usually the poison that ends an uptrend. Hope I am wrong in this case
1 month ago
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 month ago
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
1 month ago
But majority BJFOOD shares under lock in strongroom under VT’s hawk eyes! How to takeover friend!?
1 month ago
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.
1 month ago
Vincent Tan has huge ego. He cannot let foreign company take over Berjaya Food
1 month ago
Berjaya Food no more upside. Will trade flat and downward risk will build. Don't expect to make money from this stock, you will get played by insiders
1 month ago
From 3xx million jump to 1.5billion nosh , what a joke ! Better take profit run first !
3 weeks ago
I honestly don't understand the obsession with diversifying into other brands. Paris Baguette? What is that?! Even Kenny Rogers is a waste of time. CEO should be hyper-selective on which brands to introduce and commit. Don't make diversification as diworsification.
3 weeks ago
signup at secret recipe official website to get free coffee and rm3 cash voucher!
https://member.secretrecipe.com.my/r/8EQ6TK
1 week ago
Company continues to buyback shares, while insiders from CEO to Vincent Tan continue to sell. The company buys back as if the share price is undervalued. But insiders action say otherwise. How nice. If the company has excess cash, why doesn't it distribute to shareholders as dividends instead of supporting the share price, only for insiders to take opportunity?
1 week ago
I think company continuous share buyback is because the company share is still under-valued and the company cashflows are very strong. After setting aside funds for organic expansion of new 38-40 Starbucks outlets of around RM60-70 million a year, BJFood still has RM200 million of free cashflows or over 50 sen per share every year.
It can either declare it as dividends or buy back shares while it is still undervalued.
3 days ago
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4.9 / 5.0
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....
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