Remember in Quarter 2, KIENHIN net profit surged 122% year-on-year to RM10.0 million.
It is also up 74% quarter-on-quarter

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3315044

This stock announced dividend every year for the past 10 years except 2021 due to Covid which hit almost all business.

Heard that restaurant business is super good during Chinese New Year ! What company will benefit from this trend ? Of course AJINOMOTO !

The most obvious trend that people really eat out is vegetable price surge more than 50% recently partially due to surge in demand during Chinese New Year. Huat Ah Ajinomoto!

Watch out for good news in 3 to 4 weeks time when the result is out. Earnings already improved quarter on quarter for April-June period and July-September period. As more people eat out, restaurant will use more Ajinomoto.

Ajinomoto is a beneficiary of economy reopening post MCO. Now almost all work from office no more WFH so this is good for Ajinomoto products consumption. 4Q2022 earnings should be good hehehe to be announced in February.