Dutch Lady partners with DVS to achieve sustainable dairy production
(April 02, 2021 15:59 pm +08)
PETALING JAYA (April 2): Dutch Lady Milk Industries Bhd has inked a memorandum of collaboration (MoC) with the Department of Veterinary Services Malaysia (DVS) to implement sustainable dairy farming practices.
Dutch Lady managing director Tarang Gupta said the strategic partnership involves the participation of local dairy farmers in its Dairy Development Programme (DDP) and Farmer2Farmer (F2F) Programme.
These initiatives involve Dutch dairy farmers transferring their skills and knowledge to local dairy farmers to improve the quality and quantity of local raw milk.
"Under the DDP in Malaysia, we have seen an improvement in the quality of milk produced by local dairy farmers by 400% since the last 10 years, with the production of fresh milk from 2010 to 2020 amounting to 36.5 million litres.
"In 2020, we produced 40% more fresh milk versus 2019, and with this strategic partnership, we hope to further increase the milk yield and also the quality of fresh milk," he said during a press conference after the MoC signing ceremony here today.
The exchange of MoC documents between Tarang and DVS director-general Datuk Dr Norlizan Mohd Noor was witnessed by Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee together with deputy head of mission of the Netherlands Embassy to Malaysia Eva Oskam.
According to Tarang, Dutch Lady will be bringing a total investment of RM400 million into Malaysia in the next few years, which includes the development of a new manufacturing facility in Bandar Enstek, Negeri Sembilan, bringing a great opportunity to local dairy entrepreneurs.
"Our new factory will significantly have more capacity to process local fresh milk with the addition of a new state-of-the-art dairy farming centre that will provide training facilities to local farmers, including best practices in the farming industry.
"We are still in the early stage of planning for the new facility, and we expect to hold a ground-breaking ceremony sometime in the middle of the year," he added.
Meanwhile, Kiandee said the significant collaboration is a milestone as Malaysia is aiming for a 100% self-sufficient level (SSL) in local fresh milk production by 2025.
"We are now at 62% of the SSL, and the ministry via DVS is going all out to expand and improve milk production in the country with regard to this collaboration," he said.
Ten fast-moving consumer goods players team up to kick start Malaysian Recycling Alliance
(theedgemarkets.com / April 06, 2021 11:49 am +08)
KUALA LUMPUR (April 6): A group of fast-moving consumer goods (FMCG) companies in Malaysia has teamed up to establish the Malaysian Recycling Alliance (MAREA).
In a statement, MAREA said the alliance was formed to enable a voluntary, industry-led extended producer responsibility (EPR) group of like-minded companies to focus on boosting the value chain and significantly improve the collection and recycling of post-consumer packaging.
The first alliance of its kind in the country, MAREA comprises 10 initial members, namely Coca-Cola Malaysia, Colgate-Palmolive Malaysia, Dutch Lady Milk Industries, Etika Group of Companies, Fraser & Neave Malaysia, Mondelez International Malaysia, Nestlé Malaysia, Spritzer, Tetra Pak Malaysia and Unilever Malaysia.
The alliance said its goals will primarily revolve around enhancing collection, promoting the use of recycled and renewable materials as well as minimising post-consumer packaging leakage into the environment.
MAREA said it is committed to collaborating with the Malaysian government and other stakeholders interested in the matter to drive its goal of achieving circular economic solutions that are conducive to a cleaner and greener Malaysia.
MAREA chairman Juan Aranols, who is also Nestlé Malaysia chief executive officer, said the members of MAREA decided that they must proactively take action by creating the first EPR platform to radically improve how consumer packaging waste is managed in Malaysia.
“Through MAREA, we will rethink how we can make the packaging value chain more environmentally sustainable.
“However, change cannot be driven by one entity alone and requires proactive collaboration between FMCG companies, policy makers, consumers, recycling companies and other stakeholders who share an aspiration,” he said.
Meanwhile, MAREA general manager Pauline Goh said that with packaging waste escalating in recent times, environmental concerns are at an all-time high.
“Our aim is to promote sustainable end-of-life disposal of post-consumer plastic packaging waste through higher recyclability and recycled content. Changing consumer habits is also integral in our sustainability agenda and this can only come from sustained and effective programmes which we intend to roll out with partners and other stakeholders,” she said.
A public bk employee i know also teruk...bought few hundred of this in the sixties in 2018 for the dividend...that was the year I SOLD & they started cutting the dividend shortly after...
Another old baldie who always bug me in AGMs last time boasting about his 20k DLady now significantly poorer. And I'm willing to bet huge that he never sold a single lot until now lol
Foreign buying extends to third week, surges to RM964.3m
(theedgemarkets.com / August 30, 2021 09:42 am +08)
KUALA LUMPUR (Aug 30): Foreign buying of Malaysian equities extended for the third week and surged to RM964.33 million last week, from a paltry RM6.71 million the prior week.
In its weekly fund flow report today, the MIDF Research team said as the market reopened last Monday, foreign investors were net buyers amounting to RM6.7 million.
Meanwhile, it said local institutions bought RM19.16 million net of local equities, with retailers as net sellers to the tune of RM25.86 million.
The research house said foreign investors were net buyers every day of the week.
It said the largest foreign inflow was recorded last Thursday to the tune of RM310.79 million, while the inflow of RM6.7 million last Monday was the smallest.
“As for retailers, they were net sellers every day of the week except on Monday.
“The largest net selling by retailers was recorded last Tuesday and the smallest net selling was on Friday to the tune of RM48.43 million and RM16.88 million respectively.
“Cumulatively, for the week, retailers net sold RM113.96 million worth of equities on Bursa Malaysia,” it said.
MIDF said that meanwhile, local institutions recorded cumulative weekly net selling to the tune of RM850.37 million.
It said local institutions were net sellers every day of the week, with the largest net selling on Thursday to the tune of RM290.41 million.
Since the beginning of 2021, cumulatively, retailers were the only net buyers of the local equity market to the tune of RM9.46 billion.
Local institutions and foreign investors were net sellers to the tune of RM4.46 billion and RM5 billion respectively.
“In terms of participation, retail investors, local institutions and foreign investors recorded weekly movements of -3.82%, 9.89% and 16.82% respectively in average daily trade value (ADTV),” it said.
FrieslandCampina, one of the world largest dairy companies, is the largest shareholder in DLady (>50% shareholding), has been transferring cutting edge and robust milk production technology to DLady Malaysia, and therefore, not only transforming DLady milk the most nutritious and the safest to drink, but also the most cost effective in the ever competitive market. Milk quality and safety of FrieslandCampina (DLady) are recognised worldwide by obtaining GMP and HACCP certificates. Interestingly, Friso Gold/ MaxGro products are one of the best seller milk powders for the newborn, toddler, and children. DLady also producing Frisomum for the consumption of pregnant and lactating mums. There are also a variety of DLady fresh milk and yogurts for teenagers and adults to enjoy consuming. Hence, DLady products cater for all, from newborn to adulthood. Not to forget, DLady able to maintain great track record of more than 70% dividend payout for the past 5 years.
Comparing with Farmfresh, local dairy company, selling expensive, beyond affordable, milk to locals with disputable quality, questionable R&D, poorer cash reserve comparatively, no dividend payout track record (claiming 25% dividend payout in the future). We hv doubt in such small company can strive out in fighting the market share among DLady, Nestle and F&N.
I prefer the taste of Goodday...their gobbling of DLady's mkt share is EVIDENT in the bottom & toplines PLUS the collapse in DLady's price below Mar 2020 lows
Farmfresh IPO going to be superbly oversubscribe and going to have plenty of cash to grow and expand. The real facts, Farmfresh milk are much fresher, lesser preservative and better than Dlady milk. Many established cafes such as Starbucks is using better and fresher milk of Farmfresh instead of Dlady milk. More and more cafes are switching from dlady milk to farmfresh milk. Farmfresh has better farm and better breed of cows compared to dlady. The mentality of foreigners is better than locals were over. Dlady must step aside for Farmfresh. soon, dlady will goes under 30.00 especially after the listing of FarmFresh.
Dutch Lady's last Qtr results are certainly encouraging. However, I think it is still too early to say if the company has turned the bend. While the Q-on-Q results are good, the operating margins are still low compared to 2016. This is the most critical factor, to me.
Does anyone here know what the company is doing to improve its margins?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Imaging, analytical and test solutions provider, Crest Group Bhd aims to list on the Ace Market!
MQ Trader 704 views | 4 d ago
0:17
New IPO: manufacturing and sale of automotive parts and components provider, KHPT Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Keyman188
5,968 posts
Posted by Keyman188 > 2021-03-13 11:12 | Report Abuse
Really concrete & wise guidance from professional...
陈剑老师投资教育 : 冷眼解析录:《30年股票投资心得》
https://www.youtube.com/watch?v=G5FYRDIyUDg
https://www.youtube.com/watch?v=6SRQ1EsT_zo
https://www.youtube.com/watch?v=CUXVvadTQOc
https://www.youtube.com/watch?v=caVxpmFpvgs
https://www.youtube.com/watch?v=xsZFjZNXWeI