ORIENTAL FOOD INDUSTRIES HLDG

KLSE (MYR): OFI (7107)

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Last Price

1.67

Today's Change

-0.02 (1.18%)

Day's Change

1.66 - 1.68

Trading Volume

112,200


10 people like this.

709 comment(s). Last comment by dawchok 1 week ago

henry9889

85 posts

Posted by henry9889 > 2016-11-11 12:26 | Report Abuse

which countries they exported to? what is the currency used?

confuse

570 posts

Posted by confuse > 2016-11-11 15:02 | Report Abuse

You never a shareholder. Why you want to know?

henry9889 which countries they exported to? what is the currency used?
11/11/2016 12:26

confuse

570 posts

Posted by confuse > 2016-11-11 15:03 | Report Abuse

Why director bought(RM 1.7) last mth?
http://klse.i3investor.com/servlets/stk/annchdr/7107.jsp

smartly

6,442 posts

Posted by smartly > 2016-11-12 12:56 | Report Abuse

technically so beautiful in term of chart view.
very obvious in accumulation mode.
will rise soon...

Huat Huat

905 posts

Posted by Huat Huat > 2016-11-14 17:50 | Report Abuse

finally get chance to accumulate more.

beso

2,137 posts

Posted by beso > 2016-11-16 10:47 | Report Abuse

no more subsidized cooking oil with large amount of oil needed in the production cost will shot up like never before sure drop later

curious2

1,812 posts

Posted by curious2 > 2016-11-16 10:49 | Report Abuse

Their management is smart 1. Should sapu a lot of cooking oil before Nov 1.

Posted by beso > Nov 16, 2016 10:47 AM | Report Abuse
no more subsidized cooking oil with large amount of oil needed in the production cost will shot up like never before sure drop later

BN_menang

2,982 posts

Posted by BN_menang > 2016-11-18 05:03 | Report Abuse

OFI paid quarterly dividend. Buy ahead of announcement soon.
http://klse.i3investor.com/servlets/stk/annent/7107.jsp

pussycats

7,640 posts

Posted by pussycats > 2016-11-18 17:58 | Report Abuse

Ok. buy on Mon

rich_

221 posts

Posted by rich_ > 2016-11-23 16:38 | Report Abuse

Dividend coming soon. Buy.

necro

4,726 posts

Posted by necro > 2016-11-24 17:16 | Report Abuse

Save by tax..if not only RM2M profit

BN_menang

2,982 posts

Posted by BN_menang > 2016-11-24 20:28 | Report Abuse

Unrealised foreign exchange gain RM 2.665 million. Now USD 4.45 up from 30 Sep'16 so when realised forex gain higher?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5268493

BN_menang

2,982 posts

Posted by BN_menang > 2016-11-25 11:29 | Report Abuse

Shariah compliant.

Posted by LAIZHENGLIT > 2016-11-25 12:31 | Report Abuse

Lasap company, can sell all already. Totally cannot fight with competitors.

JamesPond

429 posts

Posted by JamesPond > 2016-12-16 12:10 | Report Abuse

Although approx 65% of revenue is from exports, almost 100% of raw material does not originate from Malaysia, which may explain why although total sales went up, cost of sales went up even higher, resulting in lower gross margin.

JamesPond

429 posts

Posted by JamesPond > 2016-12-16 15:25 | Report Abuse

Whilst raw material can be sourced locally, most are either imported or made from imported material eg, flour is made from imported wheat, whereas potato is imported. There is no details in the cost of sales, but what is definite is gross profit as a % has went down. QR 30.09.16 Qtr/Qtr : Sales up RM3,950K (7.04%), Cost of sales up RM5922K(14.01%) and YTD sales up RM10,633K (8.62%) but COS up RM14,848K (17.77%). Presumably with minimum wages law also affected their factory wages.

Fat_tat

101 posts

Posted by Fat_tat > 2016-12-20 09:40 | Report Abuse

USD 4.48. More forex gain for OFI.
http://finance.yahoo.com/chart/USDMYR=X?ltr=1

Good_buy

121 posts

Posted by Good_buy > 2016-12-22 15:05 | Report Abuse

USD 4.47 good to buy OFI? Even recession people must still need to eat unlike buying furniture or gloves.
http://finance.yahoo.com/chart/USDMYR=X?ltr=1

Good_buy

121 posts

Posted by Good_buy > 2016-12-22 15:13 | Report Abuse

BJ Food(also food ctr) latest QR EPS 1.34 sen RM 1.58 vs OFI EPS 2.24 sen why only RM 1.5?

Posted by LAIZHENGLIT > 2016-12-23 02:51 | Report Abuse

subsidiary of OFI, OFIP, announced a winding up. Good or Bad? no one knows.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5297429

Good_News

601 posts

Posted by Good_News > 2017-01-02 12:23 | Report Abuse

Flood in East Coast mean increased demand?

curious2

1,812 posts

Posted by curious2 > 2017-01-03 23:41 | Report Abuse

USD 4.49 can gain more from export?
http://finance.yahoo.com/chart/USDMYR=X?ltr=1

Posted by I_like_dividend > 2017-01-04 02:41 | Report Abuse

Uptrending. Every qtr got dividend at least 1 sen or profit higher even more dividend.

Desammy99

22 posts

Posted by Desammy99 > 2017-01-06 15:15 | Report Abuse

This counter equity is too low for current share outstanding..overvalued

Posted by Orang_Melaka > 2017-01-12 12:23 | Report Abuse

Bandar Melaka DAP?

Posted by Orang_Melaka > 2017-01-23 10:34 | Report Abuse

No Malacca no Malaysia today.

Posted by Orang_Melaka > 2017-01-24 15:23 | Report Abuse

Not snack food demand to increase due to flood? When flood(in Kelantan, Terengganu, etc) people prefer to stay home to eat snack food.

Posted by Orang_Melaka > 2017-01-26 11:05 | Report Abuse

If got CNY angpow we can consider to vote BN(MCA).

93126668

91 posts

Posted by 93126668 > 2017-01-26 15:31 | Report Abuse

Flying now...gogo

Up_down

4,350 posts

Posted by Up_down > 2017-02-06 17:26 | Report Abuse

OFI is an interesting counter worth for accumulating while not many are interested at this price level. this is another growth company with near term catalyst.

Junior25

48 posts

Posted by Junior25 > 2017-02-08 12:00 | Report Abuse

true..very quiet here. but it's also quietly uptrending

Up_down

4,350 posts

Posted by Up_down > 2017-02-08 18:58 | Report Abuse

Eating OFI biscuits quietly....waiting its catalyst to spark off.

Desammy99

22 posts

Posted by Desammy99 > 2017-02-21 21:06 | Report Abuse

Why today drop so much one?

Posted by See Wei Jie > 2017-02-22 08:17 | Report Abuse

Gonna have a strong rebound today. Let's see!

Up_down

4,350 posts

Posted by Up_down > 2017-02-22 11:45 | Report Abuse

EPS was below market expectation due to higher taxation. Awaiting contribution from its new plant to kick in next 6 months.

Desammy99

22 posts

Posted by Desammy99 > 2017-03-12 10:37 | Report Abuse

Price drop so much but still an overvalued counter. So weird

enououbee

13 posts

Posted by enououbee > 2017-03-13 16:28 | Report Abuse

@Up_down do you have further info on the new plant? is there a link or something similar?

Up_down

4,350 posts

Posted by Up_down > 2017-03-13 16:55 | Report Abuse

enououbee. I don't know any link but you can know indirectly by looking at its plant & machinery acquired worth almost RM 40 million for the last 12 months.

enououbee

13 posts

Posted by enououbee > 2017-03-13 17:27 | Report Abuse

@Up_down thnx but cant seem to find any extra info on this. based on your previous comment, im assuming the plant is already operational, no?

dragonfruits

1,285 posts

Posted by dragonfruits > 2017-03-13 17:30 | Report Abuse

this stock overwalue? how to analayze?

Up_down

4,350 posts

Posted by Up_down > 2017-03-13 17:43 | Report Abuse

enououbee. If you want solve another piece of parcel...You can try call them or ask their factory workers...lol

Up_down

4,350 posts

Posted by Up_down > 2017-03-13 17:46 | Report Abuse

dragonfruit. Overvalued or undervalued is hard to give an exact answer in terms of PER, NTA... You may have to make a comparison with its peers within the industry and the future prospects of the company.

Up_down

4,350 posts

Posted by Up_down > 2017-03-13 19:01 | Report Abuse

Dragon. You can compare with Apollo and Hupseng and their prospect for the next 12 months. If you like confectionery business then try to get one suit your own investing preference criteria. One may prefer EPS grow. Another one may go for higher DY and Nil borrowing...

Up_down

4,350 posts

Posted by Up_down > 2017-03-13 20:33 | Report Abuse

Some apply Enterprise Value to make an evaluation so you need to take into account cash and bank borrowing. It depends what metric you use. OFI, HupSeng and Apollo are traded at about PER 20x. OFI near term expansion could be the catalyst for re-rating. Apollo and HupSeng may take longer time. Read their AR if you want to know their stories.

Up_down

4,350 posts

Posted by Up_down > 2017-03-13 22:18 | Report Abuse

Annual Report.

abangadik

2,305 posts

Posted by abangadik > 2017-03-22 21:08 | Report Abuse

rangebound and slowly head to 1.7x. I believe people will value this consumer product once we really go big as a e-commerce regional hub.

Posted by Chong Hua Rong > 2017-03-27 15:23 | Report Abuse

I had read for the last 3 quarter report. I am excited after i had read for the reports.The latest quater had stated the Group is currently in the midst of machinery acquisitions for some expansion projects for new product lines. Ofi had spent RM6.116 m for quarter 1,RM15.201M for quater 2 and increase to RM21.545 m for quarter 3.

Posted by Chong Hua Rong > 2017-03-27 15:33 | Report Abuse

I has started my initial investment to buy ofi at RM1.57 today.I am looking to add more OFI in the future. I will treat OFI as one company of my porffolio for my long term investment.Hope the OFI can enhance our shareholders value.Although it is just 376.8m in market capital for the price of RM1.57. I am putting my faith that It is a gem that got potential to become giant consumer company of becoming 1 billion market capital. My favourite counter, Kawan had made it, i believe OFI also can make it.

abangadik

2,305 posts

Posted by abangadik > 2017-03-29 17:31 | Report Abuse

The product range is decent and aimed at the right segment, middleclass suburban demography. With new expansion and more product, definitely believe something can happen here.

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