FARM FRESH BERHAD

KLSE (MYR): FFB (5306)

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Last Price

1.82

Today's Change

0.00 (0.00%)

Day's Change

1.82 - 1.84

Trading Volume

1,743,200

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Total assets

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current assets

238

1000

110

900

600

Cash & equivalents

238

1000

110

900

600

Short term investments

238

1000

110

900

600

Total receivables, net

238

1000

110

900

600

Accounts receivable - trade, net

238

1000

110

900

600

Other receivables

238

1000

110

900

600

Total inventory

238

1000

110

900

600

Inventories - work in progress

238

1000

110

900

600

Inventories - progress payments & other

238

1000

110

900

600

Inventories - finished goods

238

1000

110

900

600

Inventories - raw materials

238

1000

110

900

600

Total non-current assets

238

1000

110

900

600

Long term investments

238

1000

110

900

600

Note receivable - long term

238

1000

110

900

600

Investments in unconsolidated subsidiaries

238

1000

110

900

600

Other investments

238

1000

110

900

600

Net property/plant/equipment

238

1000

110

900

600

Gross property/plant/equipment

238

1000

110

900

600

Accumulated depreciation, total

238

1000

110

900

600

Deferred tax assets

238

1000

110

900

600

Net intangible assets

238

1000

110

900

600

Other current assets, total

238

1000

110

900

600

Total liabilities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current liabilities

-238

-1000

-110

-900

-600

Total non-current liabilities

-238

-1000

-110

-900

-600

Long term debt

238

1000

110

900

600

Long term debt excl. lease liabilities

238

1000

110

900

600

Capital and operating lease obligations

238

1000

110

900

600

Provision for risks & charge

-238

-1000

-110

-900

-600

Deferred tax liabilities

-238

-1000

-110

-900

-600

Other liabilities, total

-238

-1000

-110

-900

-600

Total equity

-238

-1.64%

-1000

+11.55%

-110

+81.66%

-900

-13.16%

-600

+235.36%

Total liabilities & shareholders' equities

238B

1000B

110B

900B

600B

Total debt

238

1000

110

900

600

Book value per share

-238

-1000

-110

-900

-600

Discussions
6 people like this. Showing 50 of 1,272 comments

DouglasLiu

@MULTIEVER. It finally breaks RM1.50 😁😁

2024-06-14 11:16

goldmanbull

Will Luckin partner with Farm Fresh? hmmm

2024-06-22 00:05

speakup

It's muiind lah

2024-06-22 14:55

DouglasLiu

Probably, if Luckin wants their coffee to taste better 😆

2024-06-25 11:35

rohank71

Global milk price on uptrend. FF buys 80% of their milk based on global price. it's close to the Q4 2022 prices now and that's when FF made losses. will Q3 and Q4 2024 be a speed break for FF?

2024-07-16 03:11

ThunderZX

time will tell....

2024-07-16 16:30

TG13688

time to fly babby!

2024-07-18 16:12

ThunderZX

Fly to where?

2024-07-19 17:39

Ravi1969

FF has close to 5k cows here in Malaysia.Read closely the QR and you will be able to understand the increase in sales and profitability. Don't be left out when it goes past RM 2 by the next QR

2024-07-19 18:18

DouglasLiu

Fly beyond Rm1.60, apparently

2024-07-20 16:51

ThunderZX

Keep buying FFB

2024-07-26 17:07

TheVenturer

any cheap tickets?

2024-07-30 16:56

DouglasLiu

No more cheap price, dude

2024-07-30 18:23

Kevin Tam

When will this overpriced Farm Fresh drop back to Rm1. 00.....One of the most expensive consumer stock in South East Asia..

2024-07-30 20:23

MRX425

Jump in now

2024-08-05 15:58

DouglasLiu

It's still not as cheap as you'd hope. Ha

2024-08-05 16:56

TheVenturer

hard to find cheap now....

2 months ago

DouglasLiu

I think it will keep consolidating at RM1.52 for now

2 months ago

TG13688

keep collecting..

2 months ago

DouglasLiu

Looks like I was wrong. It moves up gradually instead 🤗

2 months ago

Travisbravis

Next stop 2.00

2 months ago

DouglasLiu

With EPF’s continued buying, FFB will surely reach RM2 in a day

2 months ago

Ravi Kumar

Walau fantastic QR

2 months ago

XiongDaDa

Worth to put it for long-term. After 2 years, it will be RM4. haha

2 months ago

keonkx

Agree, this stock need patience

2 months ago

x_abe81

RM2 by year end. RM4 by 2026. 🤞🤞🤞😆

2 months ago

supermanhitam

so lucky today can buy in at 1.68 , tqsm

2 months ago

supermanhitam

this week will up to 2.00

2 months ago

supermanhitam

so a lucky day

2 months ago

Gudetamasan

good one here

2 months ago

supermanhitam

all in for 1.68 today , tq

2 months ago

DouglasLiu

No wonder it goes up today, supermanhitam 😃

2 months ago

ThunderZX

2.00 ?

2 months ago

XiongDaDa

Surely can hit 2.00, but not in this month

2 months ago

DouglasLiu

You followed KWAP & EPF selling, supermanhitam ?

1 month ago

supermanhitam

DouglasLiu
YOU SEE AS I SAID

1 month ago

supermanhitam

XiongDaDa
SURE WILL GO TO

1 month ago

keonkx

Up up up again this is gooood

1 month ago

DouglasLiu

supermanhitam
WHAT DID YOU SAY?

1 month ago

UnicornP

Wait 1.1-1.2m volume per day.

1 month ago

DouglasLiu

If can maintain that much trading volume, RM2 this month is not a dream.

1 month ago

UnicornP

Just bought 1.81

2 weeks ago

keonkx

nice up up up

2 weeks ago

DouglasLiu

Oh... Some funds start disposing 😗

1 week ago

MRX425

slowing down alrdy

1 week ago

DouglasLiu

Q2 results were leaked to big funds ?

1 week ago

XiongDaDa

dnt worry, FFB still moved up regardless

1 week ago

DouglasLiu

Farm Fresh Bhd’s growth prospects remain robust, underpinned by its increasing market presence.

Also working in the company’s favour are easing raw material prices and favourable foreign-exchange (forex) rates, which contribute to stronger profitability and operational resilience.

RHB Research has reiterated its “buy” recommendation for Farm Fresh, raising its target price to RM2.11 per share from RM1.88 previously.

This followed the brokerage’s upward revision of its earnings forecasts for Farm Fresh by 5% each for financial year ending March 31, 2026 (FY26), and FY27 to account for revised in-house forex assumptions and higher minimum wage.

“We believe Farm Fresh will continue to leverage on its established brand equity to penetrate more markets, thereby fuelling the relentless top-line growth.

“Meanwhile, easing raw material prices and favourable forex will translate to more margin expansion,” RHB Research wrote in its report yesterday.

“Our positive stance is premised on the visible and long runway for growth, more consistent earnings delivery, and management’s ambitious vision, which should warrant a valuation premium,” it added.

Farm Fresh recently launched its in-house consumer-packaged goods (CPG) ice cream brand – Cream Hauz.

RHB Research pointed out that its ground checks suggest the initial reception had been positive.

“With more products in the pipeline, the group aims to capture a 5% share in CPG ice cream market worth more than RM1.2bil by 2025.

“Its strategy to diversify offerings in the dairy product market (by leveraging on its brand equity and healthier option value) could bear significant fruit once again,” the brokerage explained.

Concurrently, Farm Fresh is also eyeing a share in the lucrative chocolate malt beverage market worth RM1bil.

It launched a powder variant in July and has plans to roll out ready-to-drink products in 2025, RHB Research noted.

Additionally, it plans to sustain its hotel, restaurant and café/catering (Horeca) segment’s strong sales growth by offering new butter products.

Outside Malaysia, Farm Fresh recently commenced production in the Philippines after establishing a presence and brand- building via imports earlier.

RHB Research said with Farm Fresh’s gross profit margin staying above 30% in the last three quarters, there could be more upside for the company, going forward.

“This is as the lower-priced whole milk powder and raw milk are reflected in subsequent quarters,” it said.

Farm Fresh’s earnings jumped four-fold to RM26mil in the first quarter ended June 30, 2024, from RM6.4mil in the corresponding quarter last year.

Its earnings per share increased to 1.39 sen from 0.34 sen previously.

The increase in earnings was mainly attributable to higher revenue and lower raw material prices.

During the quarter under review, the group’s revenue rose 30.3% year-on-year to RM241.7mil on sales contribution from new products, higher sales from the Horeca distribution channel, as well as full-quarter contribution from The Inside Scoop Sdn Bhd and Sin Wah Ice Cream Sdn Bhd.

14 hours ago

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