Blog: Rex Bhd is a laggard in the Food and Beverages Sector but may not be for much longer?

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5 comment(s). Last comment by skoh888 2022-06-05 17:01

skoh888

1,022 posts

Posted by skoh888 > 2022-06-02 19:12 | Report Abuse

https://www.theedgemarkets.com/article/prices-fb-goods-rise-amid-cost-pressure

skoh888

1,022 posts

Posted by skoh888 > 2022-06-03 11:31 | Report Abuse

F&B stocks still shining today led by BJFood and Powerroot....Kawan Food also moving today

dragon328

2,576 posts

Posted by dragon328 > 2022-06-04 10:31 | Report Abuse

skph888, thanks for sharing. But what F&B business is Rex exactly in?
Any sign of its business registering good growth?

skoh888

1,022 posts

Posted by skoh888 > 2022-06-05 16:58 | Report Abuse

Hi dragon328, I believe Rex is in the canned food and beverages segment with the majority of the target market being the B40 income segment which explains the poor margins that they have

skoh888

1,022 posts

Posted by skoh888 > 2022-06-05 17:01 | Report Abuse

However the big catalyst I see is that they are most likely going to into higher margin products going forward as well as the high possibility of raising their existing product prices soon. I also see more M&A activity happening in this sector as witnessed by the recent Cocoaland privatization plan

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