Posted by supermanhitam > 2 months ago | Report Abuse

this week will up to 2.00

Posted by supermanhitam > 2 months ago | Report Abuse

so a lucky day

Posted by Gudetamasan > 2 months ago | Report Abuse

good one here

Posted by supermanhitam > 2 months ago | Report Abuse

all in for 1.68 today , tq

Posted by DouglasLiu > 2 months ago | Report Abuse

No wonder it goes up today, supermanhitam 😃

Posted by ThunderZX > 2 months ago | Report Abuse

2.00 ?

Posted by XiongDaDa > 2 months ago | Report Abuse

Surely can hit 2.00, but not in this month

Posted by KingKKK > 2 months ago | Report Abuse

FFB: Positioned for a New High? - KingKKK

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-10-story-h468352406-FFB_Positioned_for_a_New_High_KingKKK

Posted by DouglasLiu > 2 months ago | Report Abuse

You followed KWAP & EPF selling, supermanhitam ?

Posted by supermanhitam > 2 months ago | Report Abuse

DouglasLiu
YOU SEE AS I SAID

Posted by supermanhitam > 2 months ago | Report Abuse

XiongDaDa
SURE WILL GO TO

Posted by keonkx > 1 month ago | Report Abuse

Up up up again this is gooood

Posted by DouglasLiu > 1 month ago | Report Abuse

supermanhitam
WHAT DID YOU SAY?

Posted by UnicornP > 1 month ago | Report Abuse

Wait 1.1-1.2m volume per day.

Posted by DouglasLiu > 1 month ago | Report Abuse

If can maintain that much trading volume, RM2 this month is not a dream.

Posted by UnicornP > 1 month ago | Report Abuse

Just bought 1.81

Posted by keonkx > 1 month ago | Report Abuse

nice up up up

Posted by DouglasLiu > 4 weeks ago | Report Abuse

Oh... Some funds start disposing 😗

Posted by MRX425 > 3 weeks ago | Report Abuse

slowing down alrdy

Posted by DouglasLiu > 3 weeks ago | Report Abuse

Q2 results were leaked to big funds ?

Posted by XiongDaDa > 3 weeks ago | Report Abuse

dnt worry, FFB still moved up regardless

Posted by DouglasLiu > 2 weeks ago | Report Abuse

Farm Fresh Bhd’s growth prospects remain robust, underpinned by its increasing market presence.

Also working in the company’s favour are easing raw material prices and favourable foreign-exchange (forex) rates, which contribute to stronger profitability and operational resilience.

RHB Research has reiterated its “buy” recommendation for Farm Fresh, raising its target price to RM2.11 per share from RM1.88 previously.

This followed the brokerage’s upward revision of its earnings forecasts for Farm Fresh by 5% each for financial year ending March 31, 2026 (FY26), and FY27 to account for revised in-house forex assumptions and higher minimum wage.

“We believe Farm Fresh will continue to leverage on its established brand equity to penetrate more markets, thereby fuelling the relentless top-line growth.

“Meanwhile, easing raw material prices and favourable forex will translate to more margin expansion,” RHB Research wrote in its report yesterday.

“Our positive stance is premised on the visible and long runway for growth, more consistent earnings delivery, and management’s ambitious vision, which should warrant a valuation premium,” it added.

Farm Fresh recently launched its in-house consumer-packaged goods (CPG) ice cream brand – Cream Hauz.

RHB Research pointed out that its ground checks suggest the initial reception had been positive.

“With more products in the pipeline, the group aims to capture a 5% share in CPG ice cream market worth more than RM1.2bil by 2025.

“Its strategy to diversify offerings in the dairy product market (by leveraging on its brand equity and healthier option value) could bear significant fruit once again,” the brokerage explained.

Concurrently, Farm Fresh is also eyeing a share in the lucrative chocolate malt beverage market worth RM1bil.

It launched a powder variant in July and has plans to roll out ready-to-drink products in 2025, RHB Research noted.

Additionally, it plans to sustain its hotel, restaurant and café/catering (Horeca) segment’s strong sales growth by offering new butter products.

Outside Malaysia, Farm Fresh recently commenced production in the Philippines after establishing a presence and brand- building via imports earlier.

RHB Research said with Farm Fresh’s gross profit margin staying above 30% in the last three quarters, there could be more upside for the company, going forward.

“This is as the lower-priced whole milk powder and raw milk are reflected in subsequent quarters,” it said.

Farm Fresh’s earnings jumped four-fold to RM26mil in the first quarter ended June 30, 2024, from RM6.4mil in the corresponding quarter last year.

Its earnings per share increased to 1.39 sen from 0.34 sen previously.

The increase in earnings was mainly attributable to higher revenue and lower raw material prices.

During the quarter under review, the group’s revenue rose 30.3% year-on-year to RM241.7mil on sales contribution from new products, higher sales from the Horeca distribution channel, as well as full-quarter contribution from The Inside Scoop Sdn Bhd and Sin Wah Ice Cream Sdn Bhd.

Posted by keonkx > 2 weeks ago | Report Abuse

Today closed at 52-week high -RM1.87. Gogo Farm Fresh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 weeks ago | Report Abuse

Farm Fresh
Market cap 3.5B Earnings 83.15M PE 42.12

Dutch Lady
Market cap 1.94B Earnings 88.32M PE 21.97

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 weeks ago | Report Abuse

Assuming the PE for this sector is 20.
The market is pricing Farm Fresh at a hefty price, in anticipation of future growth.
On the other hand, which has the better reward : risk profile today, as an investment?

All investing is always value investing. :-)

Posted by XiongDaDa > 1 week ago | Report Abuse

In order to push it to RM2, it requires EPF to buy instead of selling ...

Posted by DouglasLiu > 1 week ago | Report Abuse

Retailers power is strong also. ha

Posted by Cakes Moon > 3 days ago | Report Abuse

Why suddenly drop?

Posted by XiongDaDa > 3 days ago | Report Abuse

Local and foreign fund are selling ..