Nowadays, it's not just white bread. They have speciality breads, also with multi grains. I hope management will give good dividends. Still need to look for exports where their staple needs is flour eg Indonesia, India, Bangladesh ... Commodity products also based on weather not only currency exchange. Now Malaysian RM weaker today so if export .. Buyers better profit
Abudance, due to M'sia don't wheat plant therefore we must purchased frm others country. When RM weak it's means we need to buy raw material in high USD as the result profit is slim. That's my point as above mentioned.
the price of the stock are way too low compare to it actual stock price. It time to collect if you like consumer stock and stock that does not impact so much even the market was down. Unless you don't eat :-)
After such a severed long beating not chicken but men are now real hungry. Though theinterim dividend a light relief it's also the time to collect more. Ayoyo.
now the price is high do some calculation 1.35x 5 and minus what given earlier the warrant and etc, Furthermore the business in Indonesia had not start operation so be alert
I think its normalizing. Was hoping the previously undeclared final dividend would have been given and also something extra. Nothing exceptionally good. Maybe it has to do with the news PPB increasing their milling as well as attempted assassination of their biggest client in syed mokhtar's gardenia. Keeping their warchest probably! Just a guess
But with bottomline improving, I do hope it will climb back to the mid 1.4x range the next few days to say the least. Awaiting this massive selling off in the market to taper off first
You should still have time. This sell off is sparked by weak US economic data and also French economy entering technical recession. Awaiting EU central bank response.
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....
pyramidpoh
198 posts
Posted by pyramidpoh > 2013-04-04 12:45 | Report Abuse
I agree with pradeep long term holding.