BRAHIMS HOLDINGS BERHAD

KLSE (MYR): BRAHIMS (9474)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.015

Trading Volume

28,954,800


5 people like this.

4,992 comment(s). Last comment by chinaman 2024-07-10 09:52

Posted by localmotive > 2018-08-01 10:06 | Report Abuse

#ko-ibrahims ... Please go, directors of Brahims told ... oops this was Putrajaya's message to directors to MoF companies, and make no mistake, kick out the directors and the Ibrahims cronies ... can't even make a profit! PLEASE, PLEASE RESIGN AND GO!!!

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-01 11:08 | Report Abuse

Growing stronger !

nkk53

1,426 posts

Posted by nkk53 > 2018-08-04 12:16 | Report Abuse

Intend to pick up below0.29

cutie

1,690 posts

Posted by cutie > 2018-08-14 22:54 | Report Abuse

a few months ago, it went from 25 sen to almost 50 sen in 2 days. Syndicate love this counter to goreng.

Posted by Johnson Wong > 2018-08-15 14:57 | Report Abuse

Coming?

diqiuhao

166 posts

Posted by diqiuhao > 2018-08-15 15:07 | Report Abuse

Should follow you Dompeilee to buy some Brahims share

wah168

308 posts

Posted by wah168 > 2018-08-16 15:35 | Report Abuse

This counter cannot stand long. Up in a second and then go down back. Old guy

nkk53

1,426 posts

Posted by nkk53 > 2018-08-17 08:34 | Report Abuse

Each yr somebody will goreng Brahim 3 or 4 times

wkkely

52 posts

Posted by wkkely > 2018-08-22 14:32 | Report Abuse

when can up........

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-23 11:31 | Report Abuse

Good job ! keep rising....

Posted by zakariaazlan > 2018-08-26 15:51 | Report Abuse

look like it break support line

wkkely

52 posts

Posted by wkkely > 2018-08-27 18:32 | Report Abuse

why still can't break to 0.40???

Posted by zakariaazlan > 2018-08-27 20:28 | Report Abuse

perhaps after QR out,then this counter become actice again

wkkely

52 posts

Posted by wkkely > 2018-08-27 21:31 | Report Abuse

may i know when will be out??

Posted by Harris Ila > 2018-08-27 22:56 | Report Abuse

Maybe 30/8

606544523

198 posts

Posted by 606544523 > 2018-08-29 15:34 | Report Abuse

ship is sinking....

Tunjung

201 posts

Posted by Tunjung > 2018-09-03 15:32 | Report Abuse

Collect when drop

wkkely

52 posts

Posted by wkkely > 2018-09-03 18:24 | Report Abuse

actually what happen drop many??

Kawelegen

302 posts

Posted by Kawelegen > 2018-09-03 18:44 | Report Abuse

Tough business in the airline catering

Posted by localmotive > 2018-09-05 19:28 | Report Abuse

#ko-ibrahims-and-cronies

Top executives in FGV leave amid management shake-up .... when will these Ibrahims from the Chairman to the last of the Ibrahims clan and all their useless cronies leave ... quit and be gone! The disappointing results quarter after quarter, year after year has been terrible ... admit that you are all not capable to manage this company!!

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-06 10:40 | Report Abuse

All stocks are green today.we may see minimal growth. Worth to invest

Posted by chitchit > 2018-09-07 10:08 | Report Abuse

Better take your profit and run. Badawi runs out of luck

wkkely

52 posts

Posted by wkkely > 2018-09-20 21:45 | Report Abuse

QR still not out yet??

Posted by stevenwongg > 2018-10-05 15:11 | Report Abuse

befareful, market bad, i will sell it for safety

nkk53

1,426 posts

Posted by nkk53 > 2018-10-22 17:21 | Report Abuse

Time to pick up again around 0.21

nkk53

1,426 posts

Posted by nkk53 > 2018-10-26 15:57 | Report Abuse

Pick up 0.20. Pasar malam sales now

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2018-12-31 16:57 | Report Abuse

Buy buy!!!!

cutie

1,690 posts

Posted by cutie > 2018-12-31 17:03 | Report Abuse

woooooooooooo...28 sen

cutie

1,690 posts

Posted by cutie > 2018-12-31 17:03 | Report Abuse

window dressing

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2018-12-31 17:22 | Report Abuse

Not window dressing.....

cutie

1,690 posts

Posted by cutie > 2018-12-31 18:03 | Report Abuse

Wednesday back to 18 sen

cutie

1,690 posts

Posted by cutie > 2018-12-31 18:05 | Report Abuse

R u new to market? 100 percent window dressing

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2018-12-31 18:25 | Report Abuse

No kena uma?

rioy707

69 posts

Posted by rioy707 > 2018-12-31 18:58 | Report Abuse

Window dressing.....................

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-01-01 22:56 | Report Abuse

Limit up wed..

icecool

5,022 posts

Posted by icecool > 2019-01-02 11:09 | Report Abuse

keep skin

rajachulan

1,740 posts

Posted by rajachulan > 2019-01-02 11:11 | Report Abuse

like fgv... i dont understand why people invest in Brahims...

gdluck

ANALyst

2,808 posts

Posted by ANALyst > 2019-01-02 11:12 |

Post removed.Why?

cutie

1,690 posts

Posted by cutie > 2019-01-02 14:50 | Report Abuse

closing back to 19. waste of time

dompeilee

11,888 posts

Posted by dompeilee > 2019-01-10 11:21 | Report Abuse

Bought Brahims @ 21c

johnbrooks

118 posts

Posted by johnbrooks > 2019-01-10 12:28 | Report Abuse

What cause the rally? Why people buying this stock? Saw dato ibrahim bought in 31 dec. He must be the one pushing up the price that day. Mmm either he really think its cheap or he is try to prevent a margin call. Some of his shares are under pledged acct. Most of the time that means its on margin.

Company still loss making and next quarter high chance also will b loss.

Or people just buy because its going up?

LouiseS

286 posts

Posted by LouiseS > 2019-01-11 11:21 | Report Abuse

Company moving towards to be less dependent on the airline catering business, shift to emphasise on non-airline catering business, such as airport restaurants / food courts operation, corporate clients institutions such as universities and hospitals

https://louisesinvesting.blogspot.com/2019/01/comments-on-brahims-holdings-berhad-9474.html

Posted by commonsense > 2019-01-16 11:28 | Report Abuse

Since Brahim’s Berhad lost its lucrative contracts from the dissolvement of Malaysia Airline System to the newly created Malaysia Airline Berhad back in May 2015, the company financials have been on a downward trend (14 consecutive losses since the loss of the contract). Those investors that think that the company would be able to turnaround its financials in FY19 might be putting too much hope on the current management.

The company has a total of RM76.6mil of debt and a cash reserve of only RM6mil. Looking at the cash flow statement, the business has not been able to generate any positive cash flow from its operations since it lost the MAS contract. The disposal of 49% interest in Brahim Airline Catering Holding (BACH) to Singapore’ SATS Ltd back in FY16 for RM110 mil (total amount was actually RM208mil but the remaining RM108mil was tied to financial performance of BACH which we can assume did not go that well) has help the company to stay afloat for a while. But given the bad performance of the business, cash from the sales has also started to deplete to only RM6mil (RM64 mil was used to pay off debt. So, there was still RM44mil to be used for operations). Excluding the intangibles and goodwill, it is highly likely that the NTA to shareholder is actually negative (Shareholder equity RM89.5mil – Brahim portion of intangible and goodwill of RM196mil/2 = -RM8.5mil).

If you are looking to diversify your portfolio outside of Brahim’s Holding (due to its weak earnings outlook and weak balance sheet) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.7x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the newly revamp Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.

nkk53

1,426 posts

Posted by nkk53 > 2019-01-23 19:19 | Report Abuse

Hit and run stock

103888

8 posts

Posted by 103888 > 2019-02-11 15:06 | Report Abuse

Petroliam Nasional Bhd’s Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor is commencing operations in 2019.

Recall

According to the sources, Brahim’s will cater three meals a day for about 10,000 pax at RM15 per head. That works out to revenue of RM54.7 million per annum. Assuming an after tax margin of 15%, this would translate into an estimated RM8.21 million in additional PAT for BACH each year.

“The contract Brahim’s is chasing is to supply three basic meals a day for approximately 10,000 workers in Rapid. The meals will be simple food like roti canai, which has a very low cost. Rapid is quite remote, so securing this catering contract is quite lucrative. There may also be opportunities to secure additional catering contracts in the future,” says one source.

http://www.theedgemarkets.com/article/brahim%E2%80%99s-close-clinching-rapid-catering-contract

103888

8 posts

Posted by 103888 > 2019-02-13 14:08 | Report Abuse

Mammoth USD28 BILLIONS Project PENGERANG

103888

8 posts

Posted by 103888 > 2019-02-13 19:08 | Report Abuse

Posted by calvintaneng > Feb 13, 2019 05:09 PM | Report Abuse

103888 is correct

My Friend CH Lau took the catering meals in Pengerang Rapid - cooking meals for thousands of bangla & china nationals

Pengerang completed phase one.

And he is fortunate to get same contract for phase 2

He said margin thin but profit still good due to such huge volumes of so many thousands

Posted by izdham5095 > 2019-02-20 09:35 | Report Abuse

Kaunter closed kah harini?

103888

8 posts

Posted by 103888 > 2019-02-20 14:58 | Report Abuse

Pengerang – ‘Rotterdam of the East’

We are long term positive on Pengerang due to its strategic location and availability of vacant land. PIPC phase 2 development which potentially involves foreign international petrochemical players could kick start by 2020. Dialog (Not-Rated) will continue to be one of the key beneficiaries of Pengerang development due to its exposure in PDT, PLNG2, EPCC and maintenance services. With PIC overall at 97% completion, we see further diversification opportunities for PCHEM (HOLD; TP: RM9.74) into derivatives and specialty chemicals. Additionally, plant maintenance jobs would be up for grab for local services players such as Dialog and Serba Dinamik in the next two years

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