RHONE MA HOLDINGS BERHAD
KLSE (MYR): RHONEMA (5278)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.70
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Overview
Market Cap
155 Million
NOSH
221 Million
Avg Volume (4 weeks)
21,045
4 Weeks Range
0.69 - 0.72
4 Weeks Price Volatility (%)
97.22%
52 Weeks Range
0.655 - 0.775
52 Weeks Price Volatility (%)
90.32%
Previous Close
0.70
Open
0.00
Bid
0.67 x 4,500
Ask
0.705 x 20,000
Day's Range
0.00 - 0.00
Trading Volume
0
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2022 [#4] | 21-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 17-May-2023
T4Q P/E | EY
12.16 | 8.23%
T4Q DY | Payout %
1.43% | 17.37%
T4Q NAPS | P/NAPS
0.69 | 1.01
T4Q NP Margin | ROE
7.39% | 8.34%
Market Buzz
News and Blogs
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: AGRICULTURAL PRODUCTS
Subsector: AGRICULTURAL PRODUCTS
Description:
Rhone Ma Holdings Bhd is an animal health solution provider. It offers animal health services as well as the manufacturing and distribution of animal health products. The operating segments of the group are Animal health products; Food ingredients and Others. Animal health products segment include marketing, trading, distribution and manufacturing of animal health products and undertaking research and development activities related to animal health, food safety and agriculture in animal health products. The animal health products offered include vaccines, pharmaceuticals, and feed additives. It is also involved in the distribution and supply of food ingredients. The organization operates in Malaysia and internationally and generates maximum revenue from the Animal health products segment.
Discussions
Be the first to like this. Showing 50 of 430 comments
Dude, I am definitely selling Farm Fresh at open and buy more Rhone-ma.
2022-03-14 21:09
Rhone-ma is a sleeping giant. 1000x better than FFB. Farm Fresh is going to tank after IPO. I have never seen an IPO survive such high valuation except Mr DIY and Public Bank all the banks
2022-03-15 08:25
Rhone-ma is the next QL Resources
Farm Fresh is the next Leong Hup International
Too much hype never ends up well. Even Mr DIY is a miracle
2022-03-15 08:30
Rhone Ma coverage by UOB Kay Hian
https://klse.i3investor.com/blogs/investing_for_the_future/2022-03-16-story-h1600276251-_Rhone_Ma_Dairy_Giant_In_The_Making_UOB_Kay_Hian_Report.jsp
2022-03-16 16:26
I promise you guys, if I make a lot of money from the Farm Fresh IPO, I will pump Rhone-ma
2022-03-16 17:55
Farm Fresh is Leong Hup International
Rhone-ma is the next QL Resources
2022-03-16 17:55
@Got_Milk Why do you keep promoting on public forum? Keep quiet and slowly collect
2022-03-16 18:12
Don't promote on KLSE Screener especially. A lot of gamblers and traders on KLSE Screener. i3investor more long-term oriented investors
2022-03-16 18:13
Rhone Ma Holdings Bhd (Fundamental BUY with TP RM1.07)
• Rhone Ma Holdings Bhd (Rhone Ma) is an end-to-end animal health solution provider. The company ventured into fresh milk production in 2019.
• Despite the slow business environment during the Covid-19 pandemic, Rhone Ma’s revenue has recorded a 12% CAGR over the past 2 years. In tandem with the expanding market revenue in Animal Health and Nutrition Industry, the company’s market share has grown from 4.7% in 2018 to 5.8% in 2021.
• Rhone Ma’s GMP compliant plant in Nilai which has a production capacity of 2,500 MT/year has commenced operation in April 2021. The plant is currently 35% utilised and is expected to increase gradually. Management guided the plant to reach full utilisation rate by end 2023 as the PJ GMP compliant plant has been running at full capacity (637 MT/year).
• Its Human Healthcare segment revenue grew 231% in 2021, attributed to the Covid-19 outbreak. The company’s CiTest Covid-19 Antigen Rapid Test Kit is widely used by clinics and hospitals. Moving forward, Rhone Ma will continue its R&D effort to expand its human healthcare products range such as other purpose test kit.
• We see Rhone Ma’s venturing into Ruminant industry as synergistic to its animal health product segment. Meanwhile, the government aims to increase the country’s fresh milk self-sufficiency level to 100% within five years; and this will create an opportunity to its 49% owned A2 Fresh SB. The company is planning to expand its dairy farm from 300 cattle to 500 cattle by end 2022, producing its own brand milk targeted to launch in 1Q2023.
• According to Protégé Associates, the Animal Health and Nutrition Industry has grown to a RM2.33bn revenue industry vs RM2.09bn in 2018. We see Rhone Ma is well positioned in the growing livestock market in Malaysia. BUY with a target price of RM1.07 based on 18x PER FY22F (3-year average).
• Financially, the company’s leverage is manageable with net gearing of less than 10%.
Rakuten Trade Research 17/3/2022
2022-03-17 17:31
Stay quiet and don't promote on KLSE Screener. Henry Goh bought a lot quietly
2022-03-18 11:35
Good company but not good operator , boss don’t want to play his counter.. so obvious blocking the share price from moving up… to those who are not in yet, go find better operators with more commitment , those already in, just forget about it, rhonema won’t move anytime soon… cheers..
2022-03-23 15:36
Bursa Company Warrants Guide 2022
1. Revenue-WA
2. Sernkou-WA
3. Rhonema-WA
2022-03-25 16:59
There is no such thing as operator
Only buy-side institutions, foreign institution, insiders, substantial shareholders, market-makers, wealthy clients (sophisticated), and retail investors.
Quit obsessing on the concept of "operator"
2022-03-25 17:38
It is always too late to buy a stock when hot money and asset managers rush in
2022-03-25 17:38
If you wanna buy stocks with heavy "operator" activity, go to MPI and UWC. But do you have the guts? What if sell-side dumps their stocks on you?
2022-03-25 17:39
It is part of the price discovery, Buy before asset managers deploy their capital
2022-03-25 17:39
I can also become the "operator" if I buy enough, but it is not the time yet
2022-03-25 17:39
TQ. Assuming one day I have that $ haha then approach the company directly?
2022-04-06 20:31
hi wallstreetrookie i am henry goh from klse screener u did mentioned just noticed my name being commented haha
2022-04-26 13:52
Not totally the same mah!
Rhonema has make dairy its 2nd core business mah!
2022-05-03 11:48
Noni, the businesses are actually quite different between the two companies
Do look into the quarterly reports and compare.
2022-05-09 16:21
"During the 1849 California Gold Rush, few prospectors struck it rich. Most of the people who made money back then were those who “sold shovels” (and jeans, tents, pickaxes and other supplies and services) to the prospectors "
2022-05-16 21:43
Rhonema provides animal health & nutrition products and services to the pets, poultry, ruminant, swine sectors (by revenue)
2022-05-17 00:18
Food Protectionism & Security
https://klse1.i3investor.com/blogs/investing_for_the_future/2022-05-28-story-h1624105182-Bloomberg_News_A_global_stock_trader_s_guide_to_navigating_food_protect.jsp
2022-05-28 18:23
JCorp returns to the black in FY21, with PAT of RM379m
Bernama
August 02, 2022 16:50 pm +08
https://www.theedgemarkets.com/article/jcorp-returns-black-fy21-pat-rm379m
2022-08-02 19:05
FGV ventures into integrated dairy farm business in Chuping, eyes 100 million litres of fresh milk a year
theedgemarkets.com
August 08, 2022 11:07 am +08
https://www.theedgemarkets.com/article/fgv-ventures-integrated-dairy-farm-business-chuping-eyes-100-million-litres-fresh-milk-year
-Rhone is one of the leading Ruminant animal health and nutrition providers in the country
2022-08-08 14:13
2nd Quarter 2022 was lower QoQ impacted by high raw material prices. The price of corn, soybean and wheat currently have all dropped significantly from the peaks in 2Q22. In addition 3Q and 4Q are traditionally stronger quarters...most importantly from a YoY basis (eg 2Q22 vs 2Q21 and 1Q22 vs 1Q21) Rhone continues to show double digit growth. FY2022 might be the year Rhone delivers record high profits (for comparison, the all time high share price was RM1.3x in 2017). The MD has recently started buying shares from the open market
2022-09-10 01:48
Still unfathomable how Rhone-ma trades at such a significant discount from Farm Fresh
2022-11-11 21:29
Deep dive into Rhonema's business model, pros, cons, risks, growth stories!
PM me to get access to read my article for free
2 months ago
$YENHER $RHONEMA $ANCOMNY $PLABS - Food Security as near to medium term investment theme
"Food security is an area that requires careful handling by governments. If not handled delicately, it could result in political instability..
Exacerbated by soaring commodity price, inflation pressure, food security have come under the spotlight.. Malaysia, is not spared.. despite being an exporter of chickens and eggs, the country experienced shortages..
According to the PM Anwar Ibrahim, the upcoming revised Budget 2023 to be tabled later this month will give emphasis on high food import bills and issues concerning food security..
Listed companies that could potentially benefit from adoption of modern agro-tech and agricultural best practices may include players that are involved in animal healthcare and agricultural chemicals such as.. (CONT)"
1 month ago
No more price controls for chicken, eggs after June, says Mat Sabu
Tuesday, 21 Feb 2023, 6:37 PM MYT
KUALA LUMPUR: Prices of chicken and eggs are expected to be floated after June as part of the government's efforts to overcome the food shortage, says Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
He said the prices would be floated so that the Domestic Trade and Cost of Living Ministry could monitor and assess fluctuations in the prices of the goods compared to the current ceiling price.
"We are confident that the Agriculture and Food Security Ministry will satisfy the demand for chicken and eggs (through price floating) and even now it is sufficient but in five or six months' time, it will be more sufficient if no new undesirable matters (such as disasters) arise," he said when interviewed at his office here on Tuesday (Feb 21).
In January, Mohamad said that his ministry was studying the need to float the price of eggs in the market and provide targeted subsidies to the B40 group, and that discussions were being held with the Finance and Economy Ministries over the matter.
Full article: https://www.thestar.com.my/news/nation/2023/02/21/no-more-price-controls-for-chicken-eggs-after-june?fbclid=IwAR3wzRB2FKhZmJj-ZR9RXcMwerB2S8g6vNO1AVu4JgGrhB5TsOmTfFxGIgE
--
Inflation is inevitable and price controls on essential staples do not work
1 month ago
Post a Comment
Featured Posts
Looking for REITs with high returns? Check this out!
[29 Mar] Ascendas REIT - A giant dividend machine
MQ Trader - Introduction to MQ Trader Affiliate Program
Trending Events
Apps
Top Articles
1
BFM Podcast
3
RHB Investment Research Reports
4
5
save malaysia!
6
7
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
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....
wallstreetrookie
Farm Fresh is a bad long term investment. Rhone-ma is well-diversified.
2022-03-14 21:09