BERJAYA FOOD BERHAD

KLSE (MYR): BJFOOD (5196)

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Last Price

0.39

Today's Change

+0.025 (6.85%)

Day's Change

0.34 - 0.39

Trading Volume

6,775,000

Meeting


Ann. Date Date Time Type Venue View
Discussions
7 people like this. Showing 50 of 2,358 comments

BuildBackBossku

Berjaya won't let Starbucks to exit Malaysia one

2 months ago

LaoHaidi

Will these new flavours be launched in Malaysia? 😛

https://www.verdictfoodservice.com/news/starbucks-spicy-lemonade-beverages-mexico/

1 month ago

BuildBackBossku

PM tengah watching Olympic game 😆

1 month ago

icedvestor

Berjaya Food gets rights to operate Starbucks in three Nordic countries (The Edge)
https://theedgemalaysia.com/node/721681

1 month ago

speakup

Sell on news!
TP 35¢

1 month ago

BuildBackBossku

Impossible for Bjfood to go down to 35 cents ... It has VT's supports

1 month ago

LaoHaidi

VT's company currently earns a lot from investing in THETA 😉

1 month ago

kl_guy

next week quaterly report out

1 month ago

BuildBackBossku

will turn profit, I think ..

1 month ago

speakup

macam mana profit? org boycott starbuck! kecuali buat fake accounting baru boleh tunjuk profit

1 month ago

LaoHaidi

haha, that's true. Unless their paris baguette is making more than starbucks

1 month ago

speakup

75% of bjfood revenue dari Starbucks lah! 75%!!!!!

1 month ago

BuildBackBossku

My hunch only. Don't be so serious 😄

1 month ago

Kikilala3188

Today rumour BJF brings Luckin Coffee in, expect to commence in Sept

I wonder

4 weeks ago

speakup

Mana boleh starbuck franchiser ambik competitor? Unless VT mau drop starbuck

4 weeks ago

Kikilala3188

Yaa I wonder too

From BJF internal HR to external mall leasing: cover up so tight wor

4 weeks ago

Kikilala3188

VT just committed for Nordic with Starbucks

Thought it’s Hextar Retail as they did the same move like NWP Auro Holdings with Heytea

4 weeks ago

speakup

nak tipu. tipu dgn sikit logik boleh?

3 weeks ago

LaoHaidi

Now Larkin is collaborating with black myth Wukong (BMW). What will Starbucks do next ?

https://kr-asia.com/black-myth-wukong-frenzy-crashes-luckin-coffees-system-could-be-key-to-global-expansion

3 weeks ago

BuildBackBossku

Starbucks will work together with woke Disney movie, Snow White next 🤣

3 weeks ago

speakup

Besok Limit Down
See bjfood at 35sen

3 weeks ago

troy88

Sad case. If keep losing money because of boycott downtrend would continue to 30 sen

3 weeks ago

BuildBackBossku

VT don't have money to support Bjfood alrdy ? 😗

3 weeks ago

yeinemesis

Analysts should be brave to announce price call to 'SELL'. Not even a 'HOLD'.

3 weeks ago

mroverlord888

wait at 0.30

3 weeks ago

speakup

ada baca news tak? about 85% of bjfood revenue from starbucks! starbucks malaysia bungkus, bjfood masuk pn17!

2 weeks ago

Royce Chan

Yes but PN17 is still not imminent before other recourse available to the BJF. Privatisation is possible and VT could be mulling at an attractive price as the counter trends lower.

2 weeks ago

speakup

Still got ppl wet dreams about privatisation. LOL!
U think VT run Bjfood is a charity organization?

2 weeks ago

BuildBackBossku

No business VT will do it for free or charitable 😆

2 weeks ago

LaoHaidi

BJFOOD is going to fall through 40 sen if VT don't support kuat kuat

2 weeks ago

Royce Chan

Some people may strongly think BJF will go into PN17 yet VT is a notable philanthropist. Those people in that camp may increase their bet against VT who's deep pocket but pro cunning in milking minorities with price and value depression. So let's watch this camp keep fighting a lost battle or return in vengeance for getting burnt in previous bets.

2 weeks ago

speakup

Bjfood is list astro, pos, star, mediac. It's heydays are gone

2 weeks ago

BuildBackBossku

VT is an 'intentional' philanthropist, he does it for tax purposes 😏

2 weeks ago

GlobalEquity

Very unfortunate business!

Losses caused by the boycott on Starbucks from the conflicts far away in the Middle East.

The losses should continue as long as the boycott is not lifted.

2 weeks ago

Donator

Palestine 1:0 Malaysia Company

2 weeks ago

speakup

A lot of Starbuck customers will never return to Starbucks as they have already used to other coffee brands

2 weeks ago

MrPandaPanda

never liked starbucks, overvalued coffee, so much other better choices out there for premium coffee.

2 weeks ago

turbochart

MrPanda, I give you a like!🤣

1 week ago

LaoHaidi

Starbucks and Hello Kitty launching exclusive collection on Sept 10. Don't bring your child to Starbucks 😏

https://www.asiaone.com/lifestyle/cuteness-overload-starbucks-and-hello-kitty-launching-exclusive-collection-sept-10

1 week ago

BuildBackBossku

Is this the new strategy proposed by the new CEO (Brian Niccol) ?

1 week ago

Good123

KUALA LUMPUR: Hong Leong Investment Bank Research has cut its target price for Starbucks Malaysia operator, Berjaya Food Bhd, from 30 sen to 20 sen, on negative near-term outlook for the company.

It has a "Sell" call on the stock, which was trading 4.9 per cent lower at 48 sen a share earlier.

BFood posted a loss after taxation and minority interest of RM81.0 million for financial year ended June 30, 2024 (FY2024) in line with HLIB Research's forecasted loss of RM81.2 million but missed street expectations of a loss of RM62.3 million.

FY24 figure was arrived after adjusting for losses arising for disposal of subsidiary company amounting to RM10.5 million.

In a note today, the firm said despite strong brand equity and active promotions, it expects boycott headwinds will stay, at least for the near term, which will greatly drag earnings.

HLIB Research said Starbucks still made up a big chunk of revenue for the fourth quarter ended June 30, 2024 contributing 89 per cent while the remaining came from Kenny Rogers Roasters (KRR) (8 per cent) and others.

It said with the tough business condition, the group has decided to take a pause on business expansion which resulted to no new stores opened for the quarter.

FY24 registered a total of 408 Starbucks stores with three stores permanently closed in the quarter due to the end of tenancy agreements.

The group also decided to temporarily close 25 inactive stores.

Paris Baguette store count remained stagnant at five stores in Malaysia with one new store opened in Philippines. KRR now has 60 stores with five store closures.

"To mitigate the challenging market conditions, the group is focusing on cost optimisation, labour productivity and effective marketing strategies."

"Additionally, we opine that sales will take time normalise considering the still intense Israel-Gaza conflict that is unfortunately seeing little signs of abating," it said.

1 week ago

Good123

4QFY24: Challenges persists

Operating challenges are likely to continue as long as geopolitical tension remains. Also, with strong competition from domestic retail coffee chain players, BStarbucks’ brand equity may have eroded over a prolonged period. We project for a net loss of MYR4m (previously profit) in FY25E. Our FY26E net profit is cut by 82% and we introduce FY27E. We switch to a book-based valuation methodology, deriving a lower TP of MYR0.30 (-5sen), using 1.3x CY25E P/BV peg (-1SD to mean).

1 week ago

Good123

Target price: HLB 20sen

MBB 30sen

1 week ago

BuildBackBossku

Finally fall through 40 sen. Let us see at what price VT will come out and support it 😁

1 week ago

speakup

potential pn17 counter
bjfood only chance of survival is dispose Starbucks - that brand nama already busuk in malaysia

6 days ago

LaoHaidi

They won't dispose Starbucks one because they want to be friends with US

5 days ago

speakup

Today my lunch break past by a Starbucks, takde customer langsung. Habis this bjfood

1 day ago

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