FARM PRICE HOLDINGS BERHAD

KLSE (MYR): FPHB (0304)

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Last Price

0.455

Today's Change

-0.01 (2.15%)

Day's Change

0.44 - 0.475

Trading Volume

7,575,100

IPO Info
Offer Period

Opening

2024-04-24

Closing

2024-04-30

Time Table

Allotment Date

2024-05-10

Listing Date

2024-05-14

Price

Issue Price

-

Units

450,000,000

Share Capital

40,453,204.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

MYQ0304OO004

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF FARM PRICE HOLDINGS BERHAD ("FARM PRICE HOLDINGS" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 102,000,000 NEW ORDINARY SHARES IN FARM PRICE HOLDINGS ("FARM PRICE HOLDINGS SHARES" OR "SHARES") IN THE FOLLOWING MANNER: (A) 22,500,000 NEW FARM PRICE HOLDINGS SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 11,250,000 NEW FARM PRICE HOLDINGS SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF FARM PRICE HOLDINGS; AND (C) 68,250,000 NEW FARM PRICE HOLDINGS SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 33,000,000 EXISTING FARM PRICE HOLDINGS SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AT AN IPO PRICE OF RM0.24 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

Farm Price Holdings Berhad - Part 1.pdf

Farm Price Holdings Berhad - Part 2.pdf

Farm Price - Detailed Procedures.pdf

Discussions
1 person likes this. Showing 50 of 194 comments

riverlakesea

Time to turn vegetarian hahahaha, 0.45 resistance next

1 week ago

Travisbravis

Eat more veggies good for your healt h, enter some @0.40

1 week ago

MRX425

Keep buy & hold, 3-6months FPHB will rise to 0.60

1 week ago

TradeHarbor

Quite fun to browse. You can get a lot of information from their official website

https://www.farmprice.com.my/home

1 week ago

Eggplant

What a nice web design. Clear and concise

1 week ago

gohkimhock

its website is better than a lot of ace market tech companies.

FarmPrice has a brilliant chance to move into the main board in the future.

6 days ago

CapitalCraftsman

Great momentum ! Looks like Farm price is gonna break 45 cents soon

6 days ago

Goldberg

Company is well managed, has good potential and fundamentals - near term 60-70 sen no problem.

6 days ago

cK1973

good company....
can invest.....

6 days ago

Real

High standard definition and management company

6 days ago

gohkimhock

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.

6 days ago

Callimori

Another green day, Farm price moving upwards to 50 sen

6 days ago

PuaQW91

Agree with gohkimhock. With solid financial performance, FPHB will transfer to the main board market in due course

6 days ago

riverlakesea

of course high standard lor, can sell veggies until listed and to singapore

6 days ago

zhm540

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...

6 days ago

LouisLim

FPHB is a very undervalue stock with good fundamental. The next multibagger stock will be FPHB.

5 days ago

AmySee

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)

5 days ago

AmySee

The fresh vegetables market caters to the increasing consumer demand for healthy, natural, and nutrient-rich dietary options

https://www.skyquestt.com/report/fresh-vegetables-market#:~:text=Global%20Fresh%20vegetables%20market%20size,period%20(2024%2D2031)

5 days ago

gohkimhock

My lunchtime is fully vegetable. Night time only i take some meat and veggies.

5 days ago

cK1973

what TP are you guys looking at?

5 days ago

MRX425

0.60 good mid term tp, 0.80 long term?

5 days ago

BlankJilly

Nice tp, time to eat more veggies short term TP for me 0.50-0.55

5 days ago

gohkimhock

this will be one of the fastest growing new IPO we will ever seen. I mean its revenue and earnings. As for the share price, we cannot control..

4 days ago

cK1973

yup i also think the price will move to the range of 54-55....

4 days ago

cK1973

have to see today's closing price....
if can sustain above 46, will be good.....
stay tune guys....

4 days ago

moneymaker99

first TP 0.52

4 days ago

moneymaker99

first TP 0.52

4 days ago

panchoni200

wah Farmprice 0.52-0.55 this week lor

4 days ago

richie9966

Graph looking good, continue to pick up <0.50

4 days ago

TradeHarbor

Strong momentum today ⏫ Tomorrow it's gonna break 50 cents, perhaps 😁

4 days ago

cK1973

hopefully to see the price break 50 by this week....
stay tune guys....

4 days ago

troy88

Standing strong despite headwinds in bursa lately. This underrated stock could be a gem in the making..

4 days ago

PuaQW91

Next journey of Farm Price, Main Market

4 days ago

5354_

IPO 24 sen, NTA 8 sen PE 19.82 not cheap already, everything like priced in.

4 days ago

cK1973

still need to see the price to break 50c...
technically it should be strong....

3 days ago

gohkimhock

let's crash the 50 sen barrrier guys. Come on..

3 days ago

gohkimhock

@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.

3 days ago

LouisLim

FPHB should easily hit >1 this year.

3 days ago

Coleman77

Just out of curiosity, does Farm Price have dividend policy?

3 days ago

Travisbravis

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.

https://theedgemalaysia.com/node/710053

3 days ago

gohkimhock

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..

https://www.farmprice.com.my/policies

3 days ago

TradeHarbor

Totally agree with you, gohkimhock. They have such smooth and beautiful website. Need to ask who their web designer is 😁😁

3 days ago

khatulistiwa8

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 😁

2 days ago

LouisLim

What I can say don't miss this FPHB gem. Collect now when it is at low price. Once it breakout then you need chase at very high price.

2 days ago

rizwan987

If they give dividend then I'm very happy, wish everyone here all the best

2 days ago

CapitalCraftsman

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) ✔

2 days ago

CapitalCraftsman

All checked. Farm Price is one of the dark horses of IPO stocks this year 😎

2 days ago

cytew

Fair value given by institutions ' analyst 一般上都是一些笑话,不要当真 !

1 day ago

cK1973

sustaining well between 45-46.....
hopefully by next week, we can see a better price...
perhaps above 50c???

1 day ago

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