Followers
9
Following
0
Blog Posts
0
Threads
26,444
Blogs
Threads
Portfolio
Follower
Following
1 month ago | Report Abuse
Tunggu tindakan lanjutan vt ya
2
Search Stocks
Good123
Home
Market Buzz
Stock Quote
Price Target
Portfolio
How to Invest
Member Services
Malaysia
Desktop Mode
Live Data
BJFOOD
-0.005
0.355
-1.39%
POS
+0.01
0.325
3.17%
OVERSEA
-0.01
0.045
-18.18%
GENETEC
-0.04
0.97
-3.96%
DXN
-0.01
0.605
-1.63%
KAWAN
0.00
1.73
0.00%
PICORP
0.00
0.065
0.00%
ATIS
0.00
1.29
0.00%
Market
MY Stocks
CONSUMER PRODUCTS & SERVICES
TRAVEL, LEISURE & HOSPITALITY
BERJAYA FOOD BERHAD
KLSE (MYR): BJFOOD (5196)
Live Data: OFF
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.355
Today's Change
-0.005 (1.39%)
Day's Change
0.355 - 0.365
Trading Volume
879,600
Overview
Market Cap
691 Million
NOSH
1,948 Million
Avg Volume (4 weeks)
3,874,710
4 Weeks Range
0.335 - 0.50
4 Weeks Price Volatility (%)
12.12%
52 Weeks Range
0.335 - 0.775
52 Weeks Price Volatility (%)
4.55%
Previous Close
0.36
Open
0.36
Bid
0.355 x 139,300
Ask
0.36 x 668,100
Day's Range
0.355 - 0.365
Trading Volume
879,600
Market Depth
Best Buy
Position
Price
Volume
Orders
1
0.355
139,300
7
2
0.35
315,600
17
3
0.345
125,000
10
4
0.34
693,200
18
5
0.335
393,000
13
Best Sell
Position
Price
Volume
Orders
1
0.36
668,100
11
2
0.365
545,500
12
3
0.37
448,700
15
4
0.375
180,900
12
5
0.38
210,400
10
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2024 [#4] | 27-Aug-2024
Next QR | Est. Ann. Date
30-Sep-2024 | 15-Nov-2024
T4Q P/E | EY
-7.56 | -13.24%
T4Q DY | Payout %
1.13% | 0.00%
T4Q NAPS | P/NAPS
0.20 | 1.77
T4Q NP Margin | ROE
-12.05% | -23.37%
DY
PE
NAPS
ROE
Market Buzz
All
Search Market Buzz
View Full Market Buzz
2024-09-25
Forum
15 New Comments
2024-09-20
Insider
BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,000,000 shares on 18-Sep-2024.
2024-09-20
Insider
BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,000,000 shares on 17-Sep-2024.
2024-09-20
Insider
JUARA SEJATI SDN BHD (a substantial shareholder) acquired 1,000,000 shares on 18-Sep-2024.
2024-09-20
Insider
JUARA SEJATI SDN BHD (a substantial shareholder) acquired 1,000,000 shares on 17-Sep-2024.
2024-09-20
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,000,000 shares on 18-Sep-2024.
2024-09-20
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,000,000 shares on 17-Sep-2024.
2024-09-18
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,710,000 shares on 13-Sep-2024.
2024-09-18
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,400,000 shares on 13-Sep-2024.
2024-09-18
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 6,557,000 shares on 12-Sep-2024.
2024-09-18
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 2,207,000 shares on 12-Sep-2024.
2024-09-18
Insider
BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,710,000 shares on 13-Sep-2024.
1 month ago | Report Abuse
Savor the extraordinary with Starbucks Reserve™ Sun-Dried Brazil Fazenda Santa Clara, where hints of mandarin orange and morello cherry for each sip. 🍊🍒
For a decadent experience, enjoy Starbucks Reserve™ Tanzania Mondul Estate, featuring rich notes of Brazil nut, red currant, and a delightful chocolate-fudge sweetness. 🌰🍫🌟
Find these gems exclusively available at Starbucks Reserve stores from 17th September 2024 onwards.
#StarbucksMalaysia
1 month ago | Report Abuse
Zambia is an emerging coffee origin bringing unique flavors – grapefruit, tropical fruits and spice – that are different from other African coffees. Each sip offers a harmonious balance of bright pomelo and sweet ginger notes, accompanied by a gentle acidity and the lingering essence of anise spice on your palate. This washed coffee is best paired with herbs and pineapple.
Get yourself a pack of fresh whole beans to brew it at home!
#StarbucksMalaysia
1 month ago | Report Abuse
Celebrating 25 years of community and flavor! ☕🌟
We’re excited to unveil the latest edition 25th Anniversary Starbucks Card 💚 Get it at a minimum activation of RM20.
*Available from 25th September 2024 onwards at all stores nationwide.
#StarbucksMalaysia
1 month ago | Report Abuse
A returning favorite, Starbucks Autumn Blend™ brings three independently amazing coffees together in a harmonious blend to warm the cooling days and accompany the heartier foods of Autumn. Flavors of candied pecan and sage, making this an ideal blend to enjoy on its own or paired with traditional seasonal foods and celebrations of togetherness. This pre-roast blend is best paired with herbs, cheeses and warm spices.
#StarbucksMalaysia
1 month ago | Report Abuse
Truth Matters - Starbucks menjunjung tinggi kemanusiaan. Kami mengutuk kekerasan, kehilangan nyawa orang yang tidak berdosa, serta semua ujaran kebencian.
Ketahui kebenaran lebih lanjut tentang kami di [www.starbucks.com.my/news?newsid=66]
1 month ago | Report Abuse
Truth Matters - Starbucks menjunjung tinggi kemanusiaan. Kami mengutuk kekerasan, kehilangan nyawa orang yang tidak berdosa, serta semua ujaran kebencian.
Ketahui kebenaran lebih lanjut tentang kami di [https://www.starbucks.com.my/news?newsid=66]
1 month ago | Report Abuse
Get ready for another wave of Mini-Bearista Collectibles this 25th September 2024! ✨
These adorable bears are here to steal your hearts, crafted by talented creative art students, independent artist, and yours truly. Don’t miss out! 💚
A portion of the proceeds from the mini-Bearista will go to the collaborating artists and will also be donated to a Palestine Relief Fund.
*Our mini-bearistas are sold in a blind box concept.
*Stay tuned to more mini-bearistas coming to you every month!
#StarbucksMalaysia #BrewingArtForGood #TheBearistaProject
1 month ago | Report Abuse
The retail sector in Malaysia is experiencing a boom due to several key factors:
### 1. **Post-Pandemic Recovery**
- **Pent-up Consumer Demand**: After the COVID-19 restrictions, consumers are eager to return to physical shopping, leading to a surge in retail activity.
- **Economic Rebound**: The broader recovery of the Malaysian economy has boosted consumer confidence and spending.
### 2. **Tourism Revival**
- **Return of Tourists**: The resumption of international travel, especially from neighboring countries and China, is contributing to higher foot traffic in retail hubs and malls.
- **Increased Spending by Tourists**: Tourists contribute significantly to retail sales, especially in luxury goods, fashion, and F&B sectors.
### 3. **Rising Disposable Income**
- **Higher Consumer Spending Power**: Economic growth and government support measures have increased disposable income, driving demand for goods and services.
- **Middle-Class Expansion**: Malaysia’s expanding middle class is supporting growth in premium and lifestyle retail segments.
### 4. **E-commerce Integration**
- **Omnichannel Strategies**: Many retailers are integrating online and offline platforms, offering a seamless shopping experience that caters to changing consumer behavior.
- **Digital Adoption**: The rise of e-commerce has led to retailers expanding their digital presence, allowing for growth in both brick-and-mortar and online sales.
### 5. **Influx of New Retail Concepts**
- **New Brands and Retail Formats**: International brands are entering the Malaysian market, while local players are innovating with new retail formats like experiential stores, which attract more customers.
- **Expansion of Convenience Retail**: The rise of convenience stores and specialty retailers, such as MyNews and FamilyMart, is contributing to the sector’s growth.
### 6. **Government Support and Incentives**
- **Stimulus Packages**: Government initiatives, including tax relief and financial assistance programs, have helped to stimulate consumer spending and boost the retail sector.
- **Infrastructure Development**: New infrastructure projects, such as transportation hubs and commercial areas, are creating opportunities for retail expansion.
### 7. **Festive Seasons and Events**
- **Seasonal Shopping**: Festivals like Hari Raya, Chinese New Year, and Deepavali encourage higher retail spending as consumers purchase gifts, clothing, and household goods.
- **Shopping Festivals and Sales**: Events like the Malaysia Mega Sale Carnival drive consumer traffic and boost retail spending.
These factors combined are driving a strong rebound and growth in Malaysia’s retail sector, creating opportunities for both local and international players to thrive.
1 month ago | Report Abuse
Pos Malaysia’s Islamic pawn shop (Ar-Rahnu) presents an attractive acquisition opportunity due to the rising demand for Shariah-compliant financial services, steady and low-risk revenue generation, and synergy with retail and financial operations. Acquiring these services would allow the buyer to expand into underserved markets, provide a diversified revenue stream, and leverage the growing demand for Islamic finance, all while supporting financial inclusion initiatives.
1 month ago | Report Abuse
Grab some before others notice.
Yes, Pos Malaysia’s Islamic pawn shop service, known as Ar-Rahnu, could be a good acquisition target for financial institutions or retail chains like MyNews or Speed99 for several strategic reasons:
Growing Demand for Shariah-Compliant Services: Ar-Rahnu caters to the increasing demand for ethical, interest-free financial services, especially in Malaysia.
• Diversified Revenue Stream: Provides a stable, low-risk revenue source through gold pawn transactions, particularly during economic uncertainty.
• Synergy with Retail/Financial Services: Adding Ar-Rahnu services to retail outlets (e.g., MyNews, Speed99) can increase foot traffic and cross-sell retail products.
• Expansion into Underserved Markets: Islamic pawnshops are popular in rural and semi-urban areas, allowing companies to expand in regions with less competition.
• Support for Financial Inclusion: Aligns with efforts to provide accessible financial services to underserved populations, enhancing brand reputation.
• Low Risk and High Asset Value: Loans backed by gold, a stable and appreciating asset, reduce financial risk.
• Economic Resilience: Pawnshops tend to thrive during both economic booms and downturns, making this a recession-resistant business.
• Potential for Digital Integration: Opportunity to expand into digital pawnbroking services, attracting tech-savvy customers and integrating with digital wallets or e-commerce platforms.
1 month ago | Report Abuse
Pos Malaysia’s retail outlets, known as **Pos Shop**, could potentially be attractive acquisition targets for convenience store chains like **Speed99** or **MyNews** due to several strategic factors:
### 1. **Wider Retail Footprint**
- **Pos Shop Locations**: Pos Shops have an extensive network across Malaysia, especially in rural and suburban areas where other convenience stores may have limited reach. Acquiring these outlets would allow Speed99 or MyNews to instantly expand their geographical presence without having to build new locations.
- **Convenience Store Synergy**: Both Speed99 and MyNews could repurpose or merge services within Pos Shops, creating mini-convenience stores with postal services, increasing foot traffic and sales.
### 2. **Diverse Service Offerings**
- **Integrated Services**: Pos Shops offer a range of postal and logistical services, such as mail, courier, and bill payment services, which could complement the convenience store business model. For example, MyNews or Speed99 could offer bill payments, parcel collection, or postal services, attracting more customers to their outlets.
- **E-Commerce Fulfillment**: The rise in e-commerce presents an opportunity to integrate parcel pickup and drop-off points at these stores, which would appeal to the growing demand for last-mile delivery services.
### 3. **Established Customer Base**
- **Regular Foot Traffic**: Pos Shops already have an established base of regular customers who visit for postal services. This consistent traffic could be converted into convenience store customers, generating more sales for Speed99 or MyNews.
- **Cross-Selling Opportunities**: Combining retail and postal services could open up cross-selling opportunities, with customers buying snacks, groceries, or other products during their visit for postal-related services.
### 4. **Logistics and Supply Chain Efficiency**
- **Existing Infrastructure**: Pos Malaysia’s logistics and distribution network could be leveraged by Speed99 or MyNews for their own supply chain and product distribution, reducing costs and improving delivery efficiency.
- **Strategic Partnerships**: Acquiring Pos Shops could also enable partnerships with logistics providers or e-commerce players, making the convenience store chain an essential part of the growing digital economy.
### 5. **Expanding Services in Underserved Markets**
- **Rural and Semi-Urban Expansion**: Pos Shops are often located in areas where other retail chains might not have a presence. Acquiring these outlets could allow MyNews or Speed99 to tap into these underserved markets and offer more comprehensive services in areas with less competition.
- **New Revenue Streams**: Integrating financial services (remittances, bill payments) with retail could create new revenue streams for convenience store chains, broadening their service offerings beyond traditional retail.
### 6. **Cost-Effective Expansion**
- **Asset Acquisition**: Instead of building new stores, acquiring Pos Shops could be a cost-effective way for either company to expand. These outlets already have an operational infrastructure, which could be easily adapted or upgraded to fit the convenience store model.
- **Brand Awareness**: Leveraging Pos Malaysia’s well-known brand would provide credibility and trust in rural and semi-urban areas, which could accelerate customer adoption of the new retail services.
### Conclusion
Pos Shops are attractive acquisition targets for **Speed99** or **MyNews** due to their broad geographic reach, existing customer base, synergy with convenience store operations, and opportunities to integrate e-commerce fulfillment and logistical services. Acquiring these outlets could significantly boost the retail footprint, expand service offerings, and tap into underserved markets, positioning the acquiring company for growth in Malaysia’s competitive retail sector.
1 month ago | Report Abuse
DRB-Hicom's commitment to ensuring that Pos Malaysia becomes profitable again is driven by several key factors:
### 1. **Strategic Importance**:
- **National Asset**: Pos Malaysia is a critical player in the logistics and postal sector in Malaysia. Ensuring its profitability is vital for maintaining essential services, especially in e-commerce and last-mile delivery.
- **Economic Impact**: A profitable Pos Malaysia contributes positively to the economy by providing jobs, supporting local businesses, and enhancing trade logistics.
### 2. **Shareholder Expectations**:
- **Pressure from Investors**: As a major stakeholder, DRB-Hicom faces pressure from investors to turn around the performance of Pos Malaysia. Stakeholders expect returns on their investments, and prolonged losses could lead to dissatisfaction and decreased market confidence.
- **Impact on Overall Performance**: Pos Malaysia's profitability directly affects DRB-Hicom’s financial health and market valuation. An unprofitable subsidiary can negatively impact the parent company’s performance metrics.
### 3. **Market Competitiveness**:
- **Rising Competition**: The logistics and postal industries are becoming increasingly competitive, with both local and international players entering the market. DRB-Hicom needs to act swiftly to enhance Pos Malaysia’s competitiveness to retain and grow its market share.
- **Consumer Expectations**: Evolving consumer demands for efficient and timely services necessitate a quick turnaround in Pos Malaysia’s operations to meet these expectations.
### 4. **Operational Efficiencies**:
- **Cost Reduction Initiatives**: There are opportunities to improve operational efficiencies within Pos Malaysia. Implementing cost-saving measures and optimizing processes can lead to immediate financial improvements.
- **Technological Integration**: Investing in technology and automation can enhance service delivery and reduce operational costs, contributing to profitability.
### 5. **Government Support and Policy Changes**:
- **Potential for Support**: Given its strategic importance, there may be government support available for Pos Malaysia, particularly in light of the evolving postal and logistics landscape. This support can aid in its recovery.
- **Regulatory Environment**: Changes in regulations may also favor Pos Malaysia’s business model, making it essential to act quickly to leverage any advantages.
### 6. **Financial Restructuring Needs**:
- **Urgent Financial Health**: Prolonged financial difficulties may necessitate urgent restructuring measures. Addressing these issues quickly can prevent further financial deterioration and prepare Pos Malaysia for future growth.
- **Debt Management**: If Pos Malaysia is carrying debt, timely profitability will be crucial in managing these obligations effectively and avoiding potential financial distress.
### 7. **Investment in Growth Opportunities**:
- **E-commerce Boom**: The rapid growth of e-commerce presents significant opportunities for Pos Malaysia. Acting quickly to capitalize on this trend can lead to increased revenue streams.
- **New Services and Partnerships**: Developing new services or forming strategic partnerships can help drive revenue growth, but these initiatives need to be executed promptly.
### Conclusion
DRB-Hicom's urgency in ensuring Pos Malaysia becomes profitable again stems from the need to address shareholder expectations, respond to competitive pressures, leverage market opportunities, and improve operational efficiencies. The company recognizes that delaying these efforts could lead to further financial challenges and missed opportunities, making immediate action essential for sustainable recovery and growth.
1 month ago | Report Abuse
The privatization of Pos Malaysia by DRB-Hicom, potentially in partnership with Geely, is highly likely due to several factors:
1. **DRB-Hicom’s Strategic Control**: DRB-Hicom wants tighter control to streamline operations and invest in long-term growth.
2. **Geely’s Expertise**: Geely, with its logistics experience, could help modernize Pos Malaysia, similar to its collaboration with DRB-Hicom on Proton.
3. **Investment Needs**: Privatization allows for necessary large-scale investments in logistics infrastructure and digital transformation without public market pressure.
4. **Government Support**: Pos Malaysia, being a strategic asset, may receive support for privatization to ensure competitiveness.
5. **Regional Growth Potential**: Pos Malaysia can expand regionally, tapping into the fast-growing Southeast Asian logistics market.
6. **DRB-Hicom’s Past Success with Privatization**: DRB-Hicom has successfully privatized companies before, like Proton, making this move a logical continuation.
Together, these factors point toward privatization as a strong possibility for Pos Malaysia’s future transformation and growth.
1 month ago | Report Abuse
Pos Malaysia can achieve profitability again through several key strategies:
1. **E-commerce Growth**: Capitalizing on the booming e-commerce sector to drive parcel delivery revenues.
2. **Restructuring & Cost Optimization**: Streamlining operations and reducing costs to improve efficiency.
3. **Diversification**: Expanding into logistics, courier services, and financial services for new revenue streams.
4. **Digital Transformation**: Investing in technology to improve service delivery and reduce operating costs.
5. **Government Support**: Benefiting from reforms and support to alleviate financial pressure.
6. **Strategic Partnerships**: Collaborating with logistics firms and e-commerce platforms for business growth.
7. **Core Competencies**: Strengthening last-mile delivery services to remain competitive.
8. **International Expansion**: Growing cross-border logistics to tap into regional markets.
These factors, combined with sustainability initiatives, position Pos Malaysia for a profitable recovery.
1 month ago | Report Abuse
Foreign fund inflows can help boost **Pos Malaysia's share price** for similar reasons as BJFoods, but there are specific factors relevant to Pos Malaysia's business that further justify this impact:
### 1. **Increased Demand for Shares**:
As with any company, foreign fund inflows create a direct increase in demand for Pos Malaysia shares. When foreign institutional investors buy large quantities of shares, it pushes the share price up due to the limited supply in the market, especially in a relatively low-liquidity stock like Pos Malaysia.
### 2. **Positive Investor Sentiment**:
Foreign investment is often seen as a vote of confidence in a company's future. For Pos Malaysia, foreign fund inflows would signal that international investors believe in the company’s potential for recovery and growth, possibly due to factors such as digital transformation, e-commerce expansion, or government support. This can lead to positive sentiment among domestic investors, boosting demand and pushing the share price higher.
### 3. **E-Commerce and Parcel Delivery Growth**:
Pos Malaysia is poised to benefit from the booming e-commerce sector in Malaysia and the region. Foreign investors, recognizing this growth trend, may see Pos Malaysia as a strategic investment due to its large distribution network and experience in logistics. If these foreign funds anticipate the company will capitalize on e-commerce trends, they are more likely to invest, driving up the share price.
### 4. **Capital for Operational Improvement**:
Foreign fund inflows can provide Pos Malaysia with better access to capital markets, indirectly facilitating improvements in its operations. For example, the company might use the capital for modernizing its logistics infrastructure, automating its sorting facilities, or enhancing its digital offerings. These improvements would make the company more competitive, leading to improved profitability, which is likely to be reflected in the share price.
### 5. **Restructuring and Diversification**:
Pos Malaysia has been diversifying from traditional mail services into more lucrative logistics, courier, and e-commerce-related services. Foreign funds may flow into the company due to these restructuring efforts, anticipating that its new business lines will drive future revenue growth. Such capital could be crucial in supporting further expansion into these areas, leading to higher stock valuations.
### 6. **Government Support and Privatization Potential**:
Pos Malaysia, being partially government-owned, may attract foreign investors due to its potential ties to government policies or privatization efforts. If the government implements reforms or further liberalizes the postal sector, foreign funds might flow in, driving up the share price as investors anticipate more favorable business conditions.
### 7. **Improved Liquidity and Marketability**:
Foreign fund inflows enhance liquidity, making it easier for all investors, including domestic ones, to trade Pos Malaysia shares. Increased liquidity often leads to higher marketability of the stock, which can attract more investors and drive up the share price as more buyers enter the market.
### 8. **Global Logistics Trends**:
Foreign investors might see Pos Malaysia as part of the broader global logistics and supply chain industry, which has seen increased interest due to shifts in global trade, the rise of e-commerce, and the demand for last-mile delivery solutions. Pos Malaysia’s position in this sector could be a key driver for foreign funds, as global investors seek to capitalize on these long-term growth trends.
### Conclusion:
Foreign fund inflows can significantly boost Pos Malaysia’s share price by increasing demand, improving investor sentiment, providing capital for modernization and growth, and aligning with global trends in e-commerce and logistics. Additionally, liquidity improvements and government support could further enhance Pos Malaysia’s appeal to international investors, contributing to a rise in share price.
1 month ago | Report Abuse
Foreign fund inflows can help boost BJFoods' share price for several key reasons:
### 1. **Increased Demand for Shares**:
When foreign investors buy BJFoods' shares, the increased demand pushes up the stock price. Large institutional investors or foreign funds often purchase significant volumes of shares, which directly raises the share price due to supply and demand dynamics.
### 2. **Market Confidence and Positive Sentiment**:
Foreign fund inflows signal confidence in the company and the local market. When international investors put money into BJFoods, it often reflects their positive outlook on the company's growth prospects and financial health. This can improve local investor sentiment, leading to more domestic buying and further price appreciation.
### 3. **Access to Greater Capital for Growth**:
With foreign investment, BJFoods has access to more capital, either directly or through improved stock liquidity. This enables the company to invest in expansion, innovation, or acquisitions, which enhances its future earnings potential and, in turn, supports a higher share price.
### 4. **Improved Liquidity**:
Foreign fund inflows increase the liquidity of BJFoods' stock, making it easier for investors to buy and sell shares. Higher liquidity generally makes a stock more attractive to investors, which can lead to more trading activity and a rise in the share price.
### 5. **Currency Effects**:
When foreign investors bring capital into a country, it can affect the local currency. A stronger currency can improve the purchasing power of the company and lower import costs, indirectly improving BJFoods' financial performance, which could reflect positively on the share price.
### 6. **Boosting Valuations**:
Foreign investors often bring with them a higher valuation of companies based on global benchmarks and comparisons. Their participation can lead to a re-rating of BJFoods' stock, increasing its price as it aligns with higher international valuation standards.
### Conclusion:
Foreign fund inflows boost BJFoods' share price by increasing demand, signaling confidence in the company, improving liquidity, and providing capital for future growth. This creates a positive feedback loop of rising prices and greater investor interest.
1 month ago | Report Abuse
BJFoods (Berjaya Food Berhad) is well-positioned for a rebound and growth in Malaysia and the broader Southeast Asian region due to several key factors:
1. **Strong Starbucks Performance**: Starbucks remains a flagship brand, with potential for further expansion in Malaysia and neighboring countries.
2. **Regional Expansion**: BJFoods can grow by entering new markets in Southeast Asia, capitalizing on urbanization and rising disposable incomes.
3. **Diversified Brand Portfolio**: With Kenny Rogers Roasters and Jollibean, BJFoods can cater to health-conscious consumers and broaden its market appeal.
4. **Digital Growth**: Emphasizing e-commerce and delivery services will help tap into growing online demand.
5. **Sustainability Focus**: Eco-friendly practices resonate with consumers and enhance brand loyalty.
6. **Product Innovation**: Introducing new, localized products keeps the brand fresh and relevant.
7. **Economic Recovery**: Rising consumer spending post-pandemic will fuel growth.
8. **Acquisitions and Partnerships**: Strategic collaborations could accelerate market penetration.
9. **Franchise Model**: Expanding the franchise model helps scale efficiently.
10. **Strong Leadership**: Effective management ensures sound financial strategy and growth.
These factors will drive BJFoods' resurgence and expansion in both Malaysia and the regional market.
1 month ago | Report Abuse
Starbucks in Malaysia could excel again for several reasons, despite past or temporary boycotts. Here are the key factors that contribute to its resilience and potential for continued success:
### 1. **Strong Brand Recognition and Loyalty**:
Starbucks enjoys a strong brand presence globally, including in Malaysia. Over the years, it has cultivated a loyal customer base due to its consistent product quality, ambiance, and customer service. Many consumers view Starbucks as a lifestyle brand, offering more than just coffee—this connection with customers makes it resilient to short-term setbacks.
### 2. **Localized Menu and Cultural Adaptation**:
Starbucks Malaysia has adapted its menu to reflect local tastes and preferences, offering items that cater to the diverse Malaysian palate. For example, they introduce beverages and desserts that appeal to the local Muslim population, particularly during festive seasons like Ramadan. This localized approach makes Starbucks more appealing and relevant to the Malaysian market.
### 3. **Halal Certification**:
All Starbucks outlets in Malaysia are certified halal, which is a significant factor for Muslim consumers. This halal certification reassures customers that Starbucks adheres to Islamic dietary laws, fostering trust and ensuring that the majority Muslim population can confidently consume its products.
### 4. **Strategic Expansion and Location**:
Starbucks has established outlets in key urban and suburban areas across Malaysia, including high-traffic locations like malls, airports, and business districts. These prime locations help maintain a strong physical presence and make Starbucks convenient and accessible to a wide range of customers.
### 5. **Growing Coffee Culture in Malaysia**:
Malaysia’s coffee culture has been growing, especially among younger generations and urban professionals. Starbucks benefits from this trend as it provides a social environment and work-friendly spaces that appeal to both students and professionals, helping the brand to retain its competitive edge in this segment.
### 6. **Digital and Loyalty Initiatives**:
Starbucks Malaysia has embraced digital strategies, such as mobile apps and a strong loyalty program (Starbucks Rewards). This has helped the company engage customers through personalized promotions, mobile ordering, and contactless payments. These innovations, combined with an increasingly digital-savvy population, ensure Starbucks stays relevant in the evolving market landscape.
### 7. **Sustainable Practices and Corporate Responsibility**:
Starbucks has increasingly focused on sustainability initiatives, including reducing plastic use and promoting ethical sourcing of coffee beans. These initiatives resonate with socially conscious consumers in Malaysia, especially as awareness of environmental and ethical issues grows.
### 8. **Resilience in the Face of Challenges**:
While temporary boycotts or geopolitical issues may have affected Starbucks in Malaysia in the past, the brand's resilience and adaptability have allowed it to bounce back. The Malaysian market tends to move on from short-term political or social movements, allowing brands like Starbucks to recover and regain customer trust.
### 9. **Collaborations and Marketing**:
Starbucks frequently collaborates with local influencers and brands for limited-edition products and promotions, which keep its offerings fresh and engaging. This marketing strategy helps Starbucks maintain excitement around its brand and appeal to younger consumers.
By combining strong brand loyalty, halal certification, localized offerings, and a growing coffee culture, Starbucks in Malaysia is well-positioned to excel again despite any short-term setbacks.
1 month ago | Report Abuse
The call for boycotts against Starbucks by Muslims is often tied to specific geopolitical or social events, and its intensity or duration can fluctuate based on these contexts. Here's a factual breakdown of why these boycotts might be temporary:
1. **Trigger Events**: Boycotts of Starbucks by Muslims are usually driven by its perceived political or corporate stances. For example, some boycotts have been linked to allegations of Starbucks supporting Israel during the Israeli-Palestinian conflict. These claims are often sparked by misinformation or symbolic actions and tend to rise in periods of heightened tension in the Middle East.
2. **Clarifications from Starbucks**: Starbucks has consistently denied these allegations, clarifying that it does not financially support political causes or any particular country in such conflicts. As such, when these clarifications gain traction or the triggering geopolitical event subsides, the intensity of the boycott tends to decrease.
3. **Localized vs. Global Actions**: The boycotts often vary in intensity based on geography. While certain regions, especially those with active social movements, might experience sustained campaigns, other areas may not see significant participation, and over time, the boycott's influence wanes.
4. **Consumer Behavior**: Starbucks operates in many Muslim-majority countries, and many Muslim consumers enjoy the brand’s products. Over time, as media attention on specific issues declines, consumer habits often revert to normal. Temporary boycotts can also stem from the fact that while there may be a moral impetus to boycott initially, practical considerations and preferences often lead people to resume patronizing the brand.
Therefore, these boycotts tend to be temporary because they are usually reactive to specific incidents and tend to lose momentum as public attention shifts or clarifying facts come to light.
1 month ago | Report Abuse
Buy pos b4 sudden surge hehehe
Retail convenience store chain operator MyNews Holdings Bhd posted its fourth consecutive quarter of profits.
1 month ago | Report Abuse
Strengthening ringgit & the returning foreign funds to boost share price
1 month ago | Report Abuse
Foreign fund is back. Above 40sen anytime
1 month ago | Report Abuse
Investor appetite for small caps growing after Fed rate cut, Citi says - https://uk.investing.com/news/stock-market-news/investor-appetite-for-small-caps-growing-after-fed-rate-cut-citi-says-3704328
1 month ago | Report Abuse
36sen, I think vt mau harga syer balik 40-50sen asap 😉
1 month ago | Report Abuse
Above 40sen ramai beli kata graf looks like V shape pulak😁
1 month ago | Report Abuse
VT bijak buat privatisation dll ada precedence kan?😜
1 month ago | Report Abuse
Tiada yg mustahil , percaya saja VT 😁
1 month ago | Report Abuse
Stay calm, vt wanted to push it back to 40-50sen at least likely 😉😎
1 month ago | Report Abuse
Vincent & biz buddies would buy more
1 month ago | Report Abuse
Tourism would help to turnaround bjfood
1 month ago | Report Abuse
KUALA LUMPUR: A total of 64.8 million local tourists were recorded in the second quarter of 2024, marking a 23.8 per cent increase compared with the same period last year, according to the Department of Statistics Malaysia (DOSM).
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said that domestic tourism expenditure for the second quarter of 2024 also rose 28.6 per cent to RM28.1 billion.
He said the performance of domestic tourism in 2023 showed strong growth, with domestic visitor arrivals reaching 213.7 million people, a 24.6 per cent increase from 171.6 million the previous year.
"In addition, domestic tourism receipts rose by 32.5 per cent to RM84.9 billion, thus reflecting the positive impact of the reopening of all economic activities.
"However, if compared to pre-pandemic levels in 2019, total domestic arrivals was still 10.6 per cent lower and receipts declined by 17.7 per cent," he said in a statement today.
Mohd Uzir said that in line with the national recovery, all states recorded significant increases in both tourism volume and receipts.
He said that last year, Selangor led with the highest domestic tourism receipts at RM11.1 billion, followed by Kuala Lumpur (RM11 billion), Sarawak (RM6.94 billion) and Pahang (RM6.73 billion).
He pointed out that shopping remained the primary driver of tourism receipts, contributing RM30.84 billion, in addition to expenditure on food and beverages, accommodation and automotive fuel.
"The main purpose of domestic overnight trips for all states was visiting relatives and friends, except for Labuan where holiday and leisure travel prevailed," he said.
Mohd Uzir said the national average length of stay (ALOS) was 2.45 nights, a slight decrease from 2.55 nights in 2022, while several states record ALOS exceeding the national average, including Sarawak (3.48 nights), Kelantan (3.07 nights), Labuan (2.89 nights), Kuala Lumpur (2.70 nights), Sabah (2.67 nights) and Terengganu (2.59 nights).
He said that based on the social and demographic profile of domestic tourists, nine states - Johor, Melaka, Negeri Sembilan, Pahang, Penang, Selangor, Kuala Lumpur, Labuan and Putrajaya - had the most number of domestic visitors from households earning between RM5,001 and RM10,000 per month.
The other seven states - Kedah, Kelantan, Perak, Perlis, Terengganu, Sabah and Sarawak - recorded the highest percentage of visitors from households earning between RM1,001 and RM3,000 per month.
1 month ago | Report Abuse
2024-09-20
Insider
BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,000,000 shares on 18-Sep-2024.
2024-09-20
Insider
BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 1,000,000 shares on 17-Sep-2024.
2024-09-20
Insider
JUARA SEJATI SDN BHD (a substantial shareholder) acquired 1,000,000 shares on 18-Sep-2024.
2024-09-20
Insider
JUARA SEJATI SDN BHD (a substantial shareholder) acquired 1,000,000 shares on 17-Sep-2024.
2024-09-20
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,000,000 shares on 18-Sep-2024.
2024-09-20
Insider
BERJAYA GROUP BERHAD (a substantial shareholder) acquired 1,000,000 shares on 17-Sep-2024.
1 month ago | Report Abuse
Stay calm for rebound hehe VT tak kan bagi bjfood kecundang ya, ingat huhu
Time Frame
Monthly
Download Data
09/20/2022 - 09/20/2024
Date
Price
Open
High
Low
Vol.
Change %
Sep 01, 2024 0.345 0.410 0.430 0.340 53.64M -14.81%
Aug 01, 2024 0.405 0.540 0.550 0.400 27.39M -25.00%
Jul 01, 2024 0.540 0.540 0.580 0.535 14.79M 0.00%
Jun 01, 2024 0.540 0.580 0.605 0.530 22.60M -6.90%
May 01, 2024 0.580 0.670 0.685 0.565 47.08M -14.71%
Apr 01, 2024 0.680 0.590 0.700 0.585 138.36M +15.25%
Mar 01, 2024 0.590 0.525 0.605 0.520 49.15M +12.38%
Feb 01, 2024 0.525 0.545 0.585 0.520 91.59M -2.78%
Jan 01, 2024 0.540 0.600 0.635 0.540 109.38M -10.00%
Dec 01, 2023 0.600 0.629 0.670 0.574 77.25M -3.81%
Nov 01, 2023 0.624 0.673 0.713 0.624 121.00M -7.35%
Oct 01, 2023 0.673 0.748 0.757 0.649 78.46M -9.33%
Sep 01, 2023 0.743 0.668 0.767 0.653 70.11M +10.29%
Aug 01, 2023 0.673 0.668 0.698 0.624 55.67M 0.00%
Jul 01, 2023 0.673 0.609 0.718 0.589 167.21M +11.48%
Jun 01, 2023 0.604 0.609 0.634 0.550 131.37M -0.81%
May 01, 2023 0.609 0.876 0.911 0.584 319.20M -30.51%
Apr 01, 2023 0.876 0.916 0.941 0.832 103.58M -3.80%
Mar 01, 2023 0.911 0.970 1.030 0.891 97.82M -8.00%
Feb 01, 2023 0.990 1.059 1.158 0.960 62.18M -7.41%
Jan 01, 2023 1.069 1.030 1.089 0.950 50.45M +3.85%
Dec 01, 2022 1.030 1.000 1.050 0.926 69.24M +1.96%
Nov 01, 2022 1.010 0.931 1.079 0.911 77.92M +8.51%
Oct 01, 2022 0.931 0.842 1.000 0.812 46.13M +8.67%
Highest:
1.158
Change %:
-59.717
@speakup
U kerja kat Berjaya?
23 minutes ago
1 month ago | Report Abuse
Pos Malaysia, DRB-HICOM, and Geely working together could be a promising collaboration similar to how DRB-HICOM and Geely successfully revived Proton. The potential reasons for their success include:
1. Strategic Partnership Synergies:
Geely’s Expertise: Geely’s experience with modern logistics technologies, as well as its success in transforming Proton, could be a key factor. Geely’s international reach and technological advancements in digital infrastructure could benefit Pos Malaysia's modernization efforts.
DRB-HICOM’s Local Presence: DRB-HICOM, being a major conglomerate in Malaysia, has a deep understanding of the local market and connections. Its involvement can bridge any gaps between foreign expertise and local market needs, creating a stronger operational base for Pos Malaysia.
2. Digital Transformation and Innovation:
Geely’s Technological Innovations: With Geely’s focus on smart manufacturing, electric vehicles, and digital services, they could bring similar innovations to Pos Malaysia’s logistics operations. This could include the use of automated warehouses, AI-driven supply chain management, and electric delivery fleets, improving efficiency and cost-effectiveness.
Digital Logistics: With Geely’s global logistics expertise, Pos Malaysia can adopt cutting-edge technologies to improve last-mile delivery services, enhance customer experiences, and optimize operations. This shift would allow Pos Malaysia to compete with other e-commerce-driven logistics companies.
3. Revitalization and Growth Strategies:
Proton’s Successful Turnaround: Proton’s transformation with Geely’s help provides a model for how a partnership can work. Proton saw significant improvements in product quality, design, and profitability after Geely introduced best practices, new models, and technology transfers. A similar approach could be taken with Pos Malaysia.
Exploring New Growth Areas: Pos Malaysia could explore additional revenue streams, such as expanding e-commerce logistics, diversifying into digital financial services, or collaborating on smart city initiatives (leveraging Geely’s automotive and infrastructure capabilities).
4. E-commerce and Future Mobility:
Growth in E-commerce: Pos Malaysia could benefit from the ongoing e-commerce boom. Geely’s expertise in integrating logistics networks with new mobility solutions (e.g., smart and electric vehicles) could streamline the process of delivering goods more efficiently, enhancing Pos Malaysia’s services in this high-demand sector.
EV and Autonomous Vehicles: With Geely’s advances in electric vehicles (EVs) and autonomous driving, Pos Malaysia could adopt electric delivery vehicles, which would reduce costs and carbon emissions, while enhancing service quality. Geely's mobility solutions could even extend to the future use of autonomous delivery systems.
5. Strong National Interest:
Government Support: Just like Proton was a matter of national pride and importance, the partnership between DRB-HICOM, Geely, and Pos Malaysia may gain government backing, especially in supporting Malaysia’s ambitions to modernize its logistics and postal services in line with the digital economy.
If Pos Malaysia, DRB-HICOM, and Geely can replicate the strategic alignment and technological collaboration seen in the Proton partnership, this could significantly transform Pos Malaysia into a modern, technology-driven logistics provider capable of competing on both domestic and international levels.
1 month ago | Report Abuse
Vincent Tan is the founder of Berjaya Corporation, which has a significant stake in Berjaya Food (BJFood). His involvement in BJFood’s business decisions or strategies would likely be driven by a few key factors:
1. Investment Interests: As a major shareholder, Vincent Tan would want to ensure that BJFood remains profitable and delivers strong financial performance. By guiding or influencing the company’s direction, he can help safeguard his investment.
2. Group Synergies: BJFood is part of the larger Berjaya Group, which includes a wide array of businesses. Vincent Tan may seek to create synergies between BJFood and other companies within the group to boost overall value.
3. Long-Term Growth: BJFood has been expanding its footprint in the food and beverage sector, and Vincent Tan might see potential in growing the company through acquisitions, new ventures, or strategic realignments.
4. Market Positioning: With BJFood’s brands, such as Starbucks Malaysia, continuing to thrive, he may take initiatives to strengthen the company’s market presence, especially in response to consumer trends or competition.
5. Corporate Legacy: Vincent Tan has been known to focus on building enduring businesses under the Berjaya Group. BJFood’s success would contribute to his legacy as an entrepreneur and a business leader.
1 month ago | Report Abuse
The privatisation of Berjaya Food (BJFood) could be considered as a strategic move to streamline and rationalize the company’s operations. Here are a few potential reasons for such a decision:
1. Cost Efficiency: Privatising BJFood could allow the company to reduce costs related to regulatory compliance, such as public reporting and meeting shareholder requirements. Without the pressure to meet quarterly financial targets, the management can focus more on long-term strategies.
2. Restructuring and Expansion: It could enable BJFood to execute restructuring plans or make investments in areas such as expanding operations, improving efficiency, or integrating new business lines without the scrutiny of public markets.
3. Greater Flexibility: As a private entity, BJFood would have more flexibility in decision-making, allowing for faster adaptation to market trends, especially in the competitive food and beverage industry.
4. Undervaluation of Stock: If the management feels that BJFood’s stock is undervalued in the public market, they might consider privatisation as a way to capture the intrinsic value that is not being recognised by investors.
5. Simplification of Ownership Structure: If Berjaya Corporation (or any controlling entity) seeks to consolidate its holdings or simplify the corporate structure, privatising BJFood could be a logical step.
Overall, privatisation could align BJFood more closely with long-term strategies that are harder to pursue under the pressure of being a public company.
1 month ago | Report Abuse
Vincent Tan and Berjaya Food: A Strategic Partnership
Vincent Tan, a prominent Malaysian businessman and the founder of Berjaya Corporation, has a significant stake in Berjaya Food. This strategic relationship is likely rooted in several factors:
* Diversification: Berjaya Food operates in the food and beverage industry, providing a diversified revenue stream for Berjaya Corporation. This helps to mitigate risks associated with fluctuations in other sectors of the business empire.
* Growth Potential: The food and beverage industry is a dynamic and growing sector, offering opportunities for expansion and increased profitability. Berjaya Food, with its strong brand presence and strategic partnerships, can capitalize on this growth potential.
* Synergies: Berjaya Food's operations may align with other businesses within the Berjaya Group, creating opportunities for synergies and cost efficiencies. For example, leveraging the group's distribution network or supply chain could benefit Berjaya Food.
* Brand Value: Berjaya Food's brands, such as Starbucks Malaysia and Kenny Rogers Roasters, contribute to the overall brand value of the Berjaya Group. A successful Berjaya Food strengthens the group's reputation and enhances its appeal to investors and customers.
Given these factors, it's understandable why Vincent Tan would be keen to see Berjaya Food succeed. A thriving Berjaya Food not only contributes to the financial health of the Berjaya Group but also reinforces its position as a leading player in the Malaysian business landscape.
1 month ago | Report Abuse
Vincent Tan, being a key figure behind Berjaya Group, has a vested interest in ensuring the success of Berjaya Food (BJFood) for several reasons:
1. Reputation and Brand Image: Vincent Tan’s business empire, which includes diverse ventures such as retail, food and beverage, and property development, relies heavily on the public perception of his business acumen. BJFood’s failure could harm the overall reputation of Berjaya Group, which would ripple through his other business interests.
2. Financial Interests: BJFood represents a significant component of Berjaya Corporation's portfolio. The food and beverage industry, particularly with its Starbucks franchise in Malaysia, has been a major revenue generator for the group. A failure would negatively impact Berjaya Corporation’s financial standing, which would in turn affect other group companies and investments.
3. Starbucks Malaysia Stake: BJFood owns and operates Starbucks Malaysia, which is a flagship business under the Berjaya Group umbrella. Starbucks has performed well in the region, providing steady cash flow. Letting BJFood fail would mean jeopardizing this valuable franchise and its future potential.
4. Investor Confidence: As BJFood is publicly listed, its performance is closely watched by investors. A failure of BJFood would erode investor confidence in not just BJFood, but other Berjaya-linked entities, leading to a decline in stock prices across the group and potential capital flight.
5. Personal Legacy: Vincent Tan has built a vast business empire over decades, and maintaining the performance of BJFood contributes to the preservation of his personal legacy. Allowing any part of his group, especially a high-profile company like BJFood, to fail could be a blemish on his business track record.
In summary, Vincent Tan's commitment to BJFood’s success is driven by financial, reputational, and legacy-related factors.
1 month ago | Report Abuse
Why a Strong Ringgit Benefits BJFood
A strong ringgit can provide several advantages to BJFood, a Malaysian food company:
1. Reduced Import Costs:
* Raw Materials: If BJFood imports raw materials like spices, oils, or other ingredients from foreign countries, a strong ringgit means they can purchase these items at a lower cost in Malaysian currency. This can significantly reduce their production costs.
* Equipment: Importing machinery or equipment for their operations also becomes more affordable with a strong ringgit.
2. Competitive Pricing:
* Domestic Market: BJFood can offer its products at more competitive prices in the domestic market compared to competitors who might be importing similar items. This can attract more customers and increase market share.
* Export Market: While exports might become slightly less profitable due to the stronger ringgit, BJFood can still maintain a competitive edge in certain export markets, especially those where price sensitivity is high.
3. Attracting Foreign Investment:
* Increased Confidence: A strong ringgit can signal economic stability and growth to foreign investors. This may increase their confidence in investing in BJFood or other Malaysian businesses.
* Access to Capital: Foreign investment can provide BJFood with additional capital to expand operations, develop new products, or enter new markets.
4. Reduced Debt Burden:
* Interest Payments: If BJFood has foreign currency-denominated debt, a strong ringgit can reduce the cost of servicing this debt as the interest payments will be lower when converted to Malaysian currency.
1 month ago | Report Abuse
The outlook for Berjaya Food (BJFood) in Malaysia over the coming years appears positive, driven by several key factors:
1. Growing Consumer Demand:
Food and Beverage Sector Growth: The Malaysian food and beverage (F&B) sector continues to expand, with increasing demand for fast-casual dining, premium coffee, and healthier food options. BJFood, through Starbucks, Kenny Rogers Roasters, and Jollibean, is well-positioned to benefit from these trends.
Urbanization and Rising Income Levels: As urbanization and middle-class income levels grow in Malaysia, there will likely be increased spending on dining out, especially on premium and convenience-focused brands.
2. Strong Brand Portfolio:
Starbucks Leadership: BJFood's Starbucks franchise remains a dominant player in Malaysia's premium coffee market. The brand's continued expansion, coupled with innovations like drive-throughs and digital engagement, positions it well for sustained growth.
Kenny Rogers Roasters and Jollibean: Both brands cater to niche markets, with Kenny Rogers focusing on healthier, balanced meals and Jollibean targeting the plant-based and snack markets. While they are smaller compared to Starbucks, their focus on evolving consumer preferences can help them grow.
3. Expansion and Diversification:
New Store Openings: BJFood has consistently expanded its store network, particularly Starbucks outlets. Continued expansion into secondary cities and suburban areas will drive future revenue growth.
Menu Innovation and Localization: Adapting menu offerings to local tastes and preferences, while also tapping into trends like plant-based foods and sustainable practices, will allow BJFood to attract diverse customer segments.
4. Digital and Delivery Channels:
Growth of Digital Ordering: As online food delivery continues to grow in Malaysia, BJFood’s focus on digital ordering, partnerships with delivery platforms, and its Starbucks mobile app will help capture this market segment.
Loyalty Programs: BJFood’s loyalty programs, like the Starbucks Rewards, encourage repeat purchases and increase customer retention, contributing to revenue stability.
5. Economic Factors:
Economic Recovery: As Malaysia recovers from the impact of the COVID-19 pandemic, improving consumer confidence and higher discretionary spending will benefit the F&B sector.
Currency and Cost Pressures: While a stronger ringgit would reduce import costs (as discussed), the potential volatility in global markets, inflation, and higher raw material costs may affect margins. Efficient cost management will be key.
6. Sustainability and ESG Trends:
Focus on Sustainability: Consumer preferences are increasingly shifting towards environmentally friendly and socially responsible brands. BJFood’s initiatives, particularly through Starbucks, in reducing plastic waste and promoting sustainable sourcing, will resonate with environmentally-conscious consumers.
Risks to Consider:
Competition: The F&B space is highly competitive, with both local and international players vying for market share.
Economic Uncertainty: Prolonged inflation or other economic challenges could dampen consumer spending on discretionary items like dining out.
Long-Term Outlook:
BJFood’s strong brand portfolio, expansion strategy, focus on digital channels, and ability to adapt to consumer trends suggest that it is well-positioned for sustained growth in Malaysia. The company's long-term performance will also hinge on maintaining operational efficiency and leveraging its strong market presence.
1 month ago | Report Abuse
A stronger ringgit benefits Berjaya Food (BJFood) in several ways:
1. Lower import costs: BJFood relies on imported ingredients and products, especially for brands like Starbucks, Kenny Rogers Roasters, and Jollibean. A stronger ringgit makes these imports cheaper, reducing their cost of goods sold.
2. Improved profit margins: Lower import costs translate to better profit margins as BJFood can save on operational costs without needing to increase prices, improving overall profitability.
3. Debt servicing: If BJFood has foreign currency-denominated debt, a stronger ringgit means it requires fewer ringgit to service these debts, reducing financial pressure.
4. Foreign expansion benefits: If BJFood earns revenue in foreign currencies, a stronger ringgit allows for more favorable conversion of foreign earnings back into local currency, though it also depends on the currency strength of their other markets.
In summary, a stronger ringgit helps reduce costs, enhance profit margins, and improve debt management for BJFood.
1 month ago | Report Abuse
Vincent Tan's decision to buy back shares in Berjaya Food (BJFood) could be driven by several strategic reasons:
1. Confidence in the Company’s Future: A share buyback often signals that the investor, in this case, Vincent Tan, has strong confidence in the future performance and growth prospects of BJFood.
2. Undervaluation: Tan might believe that BJFood's shares are undervalued, and purchasing them now presents a good investment opportunity.
3. Increasing Ownership Stake: By buying back shares, Tan increases his ownership and control in BJFood, which could be part of a broader strategy for influencing company decisions.
4. Improving Market Sentiment: Share buybacks often boost investor confidence as it shows that key stakeholders are committed to the business. This could lead to a rise in the stock price.
5. Dividend Benefits: Holding more shares means a larger portion of future dividends, which could be an attractive prospect if BJFood continues to perform well.
The specific reasoning behind his buyback would likely involve a combination of these factors, especially in light of BJFood's performance and strategic direction.
1 month ago | Report Abuse
If Benson, as the CEO of Oversea Enterprise Bhd, is not performing well, it could have several implications for the company:
1. Financial Performance: Poor performance by the CEO can lead to declining financial metrics, such as lower revenue, profit margins, and stock performance.
2. Strategic Direction: If the CEO is struggling, it might result in unclear or ineffective strategic direction, which can affect long-term business goals and operational efficiency.
3. Leadership and Morale: Ineffective leadership can impact employee morale and productivity. Staff may feel less motivated or uncertain about the company’s future.
4. Investor Confidence: Investors may lose confidence in the company’s leadership, leading to a decrease in stock price and difficulty in attracting new investment.
5. Operational Challenges: Day-to-day operations might suffer if the CEO is not effectively managing or directing key aspects of the business.
6. Potential for Change: If performance issues persist, the board of directors might consider changes in leadership or bring in additional support to address the challenges.
It’s essential for the company to assess the reasons behind the CEO’s performance issues and take appropriate actions to stabilize the situation, whether through leadership changes, strategic adjustments, or other measures.
Stock: [BJFOOD]: BERJAYA FOOD BERHAD
1 month ago | Report Abuse
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.355
Avg Target Price
0.83
Upside/Downside
+0.475 (133.80%)