Cyber threats are intensifying, and cybersecurity has become critical to business operations. Systech will present robust cybersecurity business for sure

EPF is buying, apparently

Collect at this bottom price to bet on good QR 😎

Retailers power is strong also. ha

MANY governments are passing national cybersecurity regulations and Malaysia recently joined the bandwagon when the Cyber Security Act 2024 (CSA) came into force three months ago. The CSA requires affected companies to conduct risk assessments and audits periodically.

https://www.thestar.com.my/business/business-news/2024/11/04/new-acts-role-in-cybersecurity

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.

@keatseongUOB. Did ptptulh sound like Jeff Lu? 😏

Q2 results were leaked to big funds ?

If that guy Jeff Lu can't even verify his own statement, then it's obviously just a hater sending out spam

Oh... Some funds start disposing 😗

Cybersecurity Initiatives → Budget 2025 will provide more funding and subsidies for cybersecurity initiatives

Mind to share your average buying price for Malakof, findfreedom 😊

Same pattern again, just to cuci ikan bilis. It will break through 30 cents once again. ha

What big announcement ? Is it data center related? 🙂

Awesome, it breaks 0.30 sen already. Still dreaming of getting it at a super cheap price? 😆

Reinvest when receive dividend 😁

The stock will pass through 0.30 sen soon. Keep dreaming about getting it for cheap. ha

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

Malaysia to strengthen cybersecurity talent training in digital sector through TVET. Cybersecurity business is still a trend

https://www.humanresourcesonline.net/malaysia-to-enhance-the-development-of-cybersecurity-talent-for-the-digital-landscape-through-tvet

supermanhitam
WHAT DID YOU SAY?

It has not shown a strong rally yet. Still a chance to accumulate it at 31 cents there

Time to hentam? 😀

The market sentiment is not good at the moment. Despite good news, most companies are still down ... So hold tight or get washed out

You followed KWAP & EPF selling, supermanhitam ?

Systech is a hidden gem that is poised to thrive in the future

No wonder it goes up today, supermanhitam 😃

Management is optimistic that the corporate solution segment will contribute positively to the company. Let's go, Systech

Tell that to Atacms, Integrity. Don't know how many trades he earned from Salute

Thanks for sharing, bowman. Btw, Systech's q1 revenue hit a historical high !

Ouch ... my blood 😵

The Cyber Security Act 2024 came into effect today ! Let's go, Systech

https://www.freemalaysiatoday.com/category/nation/2024/08/26/cyber-security-act-comes-into-effect/

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

The management is optimistic about global e-commerce growth. Next QR will be outstanding

Looks like RM1.01 is its peak price ...

Got what new project ? Can share the link, Nikho118 ? 🙂

I greedy a bit. I wait for 60 cents then tp

See you at RM1 nxt week, Malakof

Uptrend expected for cybersecurity, EMS players. Get ready, comrades

https://www.thestar.com.my/business/business-news/2024/08/16/uptrend-expected-for-cybersecurity-ems-players

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

It makes a strong rebound after ikan bilis sell 😆 Thanks for selling at RM1.03 to me by the way

Folo KWAP accumulating

It's still sustaining above 30 cents. Looks like that habit is about to change, hehe 😁

So fast tp, Atacms ?! I haven't tp yet 😗

If you're quick, you can definitely get it at rm1.09 this morning 😃

Today got chance to pass throu RM1?

Anyone going to its AGM next month ? It will be held near 1 Utama

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

Furniture sales in the United States must be very good one

Kenanga hold pessimistic views on gloves and also Ecoworld ...

https://klse.i3investor.com/web/pricetarget/research/72091

Can say 31.5 cents is its current bottom price. By the way, it is still very cheap to collect at the current price