RHONE MA HOLDINGS BERHAD

KLSE (MYR): RHONEMA (5278)

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Last Price

0.68

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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Discussions
Be the first to like this. Showing 50 of 441 comments

wallstreetrookie

@Got_Milk Why do you keep promoting on public forum? Keep quiet and slowly collect

2022-03-16 18:12

wallstreetrookie

No need to promote

2022-03-16 18:12

wallstreetrookie

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

rikki

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

wallstreetrookie

Don't promote on KLSE screener

2022-03-15 21:18

wallstreetrookie

I am excited guys

2022-03-18 10:45

wallstreetrookie

Stay quiet and don't promote on KLSE Screener. Henry Goh bought a lot quietly

1 month ago

Nathan27

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

wallstreetrookie

Bursa Company Warrants Guide 2022
1. Revenue-WA
2. Sernkou-WA
3. Rhonema-WA

2022-03-25 16:59

wallstreetrookie

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 09:06

wallstreetrookie

It is always too late to buy a stock when hot money and asset managers rush in

2022-03-25 17:38

wallstreetrookie

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

wallstreetrookie

It is part of the price discovery, Buy before asset managers deploy their capital

2022-01-25 15:56

wallstreetrookie

I can also become the "operator" if I buy enough, but it is not the time yet

2022-03-25 17:39

wallstreetrookie

Once I see enough order book, you bet I am going all in

2022-03-25 17:40

awesome20

egg theme

2022-04-05 19:44

Peace99

@wallstreetrookie How to qualify for private placement?

2022-04-06 17:45

wallstreetrookie

2-5 M liquid asset

2022-04-06 19:56

Peace99

TQ. Assuming one day I have that $ haha then approach the company directly?

2022-04-06 20:31

HEnryGoh

hi wallstreetrookie i am henry goh from klse screener u did mentioned just noticed my name being commented haha

2022-04-26 13:26

Noni

Yenher doing same business. Which would you pick ?

2022-05-26 11:15

stockraider

Not totally the same mah!

Rhonema has make dairy its 2nd core business mah!

2022-05-03 15:38

terence775

Noni, the businesses are actually quite different between the two companies

Do look into the quarterly reports and compare.

2022-05-26 15:52

donkeycharles

will the war affect the cost of the food for the cows?

2022-05-10 09:56

veterinarian

"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

veterinarian

Rhonema provides animal health & nutrition products and services to the pets, poultry, ruminant, swine sectors (by revenue)

2022-05-17 00:18

wallstreetrookie

Someone promoting this stock on Stockb*its

2022-05-20 16:09

wallstreetrookie

Guys, seriously stop promoting Rhone-ma on Facebook

2022-05-22 07:43

wallstreetrookie

Promote again

2022-06-17 14:27

Got_Milk

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

Got_Milk

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

Got_Milk

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 12:27

wallstreetrookie

Good research by Got_MIlk as always

2022-11-11 21:28

wallstreetrookie

Still unfathomable how Rhone-ma trades at such a significant discount from Farm Fresh

2022-11-11 21:12

terence775

Deep dive into Rhonema's business model, pros, cons, risks, growth stories!

PM me to get access to read my article for free

2023-01-28 15:20

Got_Milk

$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)"

2023-01-28 17:03

Got_Milk

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

3 weeks ago

stockraider

Go....Go...Go RHONEMA!!!

3 weeks ago

sj1993

any good news?

3 weeks ago

Got_Milk

Rhone Ma-Kulim joint venture to spearhead Jemaluang Dairy Valley project
06-04- 2023 09:15 PM

https://www.thesundaily.my/business/rhone-ma-kulim-joint-venture-to-spearhead-jemaluang-dairy-valley-project-HN10842050

2023-04-07 00:37

Got_Milk

275 hectares = 680 acres equivalent to c. 25% of FFB farm size of ~2800 acres (as at end Jan 2022)

Construction of the project expected to be completed by July 2024

2023-04-07 00:43

donkeycharles

who is winning at the market share of self sufficiency?

2023-04-07 10:13

Got_Milk

There are various profit streams in the Jemaluang Dairy Valley project
1. Consulting/Construction profits
2. Maintenance/Management profits (continuing animal feed and nutrition products/services to the dairy valley)

2023-01-29 15:21

donkeycharles

this stock hold for so long also sien

2023-05-29 15:53

Got_Milk

Commodity prices like corn are coming down which should lower input prices

2023-01-29 16:39

Michael Kwok

Buy hapseng 3.90 range.down buy somemore.
Tp 4.80-5.00 before christmas 2023
Steady shares.
Come to join me.situation very critical.u need some advice and tweaking.
3 as below;
I)teach some
II)shares review every one or 2 weeks
III)share recommendation or ask to buy or sell share u have.
IV)tell u shares to avoid if overbought (mainly people no knowledge)
Bro Michael(with ang pow picture) in FB. Charging rm 150 per month. Go to see how many follower then u know i good or not.now 125 followers;5540 above comments.
Many had more comments but less followers.go to see michael kwok in ptrb and ceg stocks.click the name will see got over 125 followers.

2023-09-07 00:19

TrendGuy

Comparing Yenher to Rhone Ma, is a hard choice

1 month ago

Peace99

I have confidence in rhonema Dr Ban and company made up of doctors....think at this price good opportunity to top up

1 week ago

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