FARM PRICE HOLDINGS BERHAD

KLSE (MYR): FPHB (0304)

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Last Price

0.58

Today's Change

+0.03 (5.45%)

Day's Change

0.54 - 0.62

Trading Volume

3,824,100


1 person likes this.

420 comment(s). Last comment by gohkimhock 3 hours ago

Posted by Iamchops548 > 2024-04-24 15:16 | Report Abuse

another potential ipo?

Posted by Keqing Tan > 2024-04-24 17:35 | Report Abuse

likely?

OKU_2020

4,857 posts

Posted by OKU_2020 > 2024-04-25 06:22 | Report Abuse

becareful newbies
on this tomato ipo

jeffchan1901

1,405 posts

Posted by jeffchan1901 > 2024-04-25 09:04 | Report Abuse

how to apply for this IPO? not listed in Maybank?

flairline

41 posts

Posted by flairline > 2024-04-30 12:07 | Report Abuse

Vegetables in great demand ?

Coleman77

66 posts

Posted by Coleman77 > 2024-04-30 12:43 | Report Abuse

Today is the last day to subscribe this IPO. Whoever gets this IPO is also very lucky

OKU_2020

4,857 posts

Posted by OKU_2020 > 2024-04-30 15:15 | Report Abuse

fairvalue is peanut 25 sen given by TA
just 1 sen above the ipo price of 24 sen
pergghhh

BursaKakis

448 posts

Posted by BursaKakis > 2024-04-30 17:07 | Report Abuse

Malacca Securities sets Farm Price’s fair value at 85% premium ahead of IPO
https://www.thestar.com.my/business/business-news/2024/04/30/malacca-securities-sets-farm-prices-fair-value-at-85-premium-ahead-of-ipo

KarmaS

37 posts

Posted by KarmaS > 2024-04-30 17:32 | Report Abuse

first time see TA give low valuation, might be underlook & kena pump during opening

Posted by meowmeister > 2024-04-30 17:37 | Report Abuse

wah today last day? can try xia since they gonna importing vegetables to singapore soon

Posted by LeverageLuminary > 2024-04-30 18:38 | Report Abuse

See Ipo then hantam saja

BursaKakis

448 posts

Posted by BursaKakis > 2024-04-30 19:44 | Report Abuse

FPHB exported about 25.5% or 29.1 million of their total sales to Singapore in FY2023 and this market delivers higher gross profit margins of 33.1%. FPHB proudly served Compass Group (Singapore) Pte Ltd for 8 years, a subsidiary of Fortune Global 500 Company listed on The London Stock Exchange, Compass Group Plc. FPHB to secure more customers in Singapore going forward, with the set-up of Sales and marketing office.

Posted by TradeHarbor > 2024-04-30 20:35 | Report Abuse

I believe Farm Price will be oversubscribed 🔥🔥 Strong gross margin and profit margin

Eggplant

90 posts

Posted by Eggplant > 2024-04-30 21:19 | Report Abuse

This new Ipo has managed to consistently achieve positive sales growth, with a 3-year CAGR of 15.8% over FY20-23. Worth to subscribe

kritikos

57 posts

Posted by kritikos > 2024-05-01 16:21 | Report Abuse

listing day is 14 May ... hope wont open too high so retail investors (ie ikan bilis like me) got chance to go in. i believe this counter will do well.. 1st vege biz to be listed on bursa, no play play. this business.. from outside, looks easy.. everyone can get in but in reality, not easy at all to succeed. so, for them to deliver RM8.7 million profit fr selling vege.. no mean feat. they must be doing sth right.. 😎 pls pls dont open too high.. bagi chance.

BursaKakis

448 posts

Posted by BursaKakis > 2024-05-02 08:47 | Report Abuse

Apex Securities advises investors to subscribe to ACE Market-bound Farm Price with fair value of 42 sen
https://theedgemalaysia.com/node/710053

AmySee

487 posts

Posted by AmySee > 2024-05-02 09:42 | Report Abuse

Public Bank is quite conservative and gives 30 cents for Farm Price's tp 🙂

https://www.nst.com.my/business/corporate/2024/05/1045296/farm-price%C2%A0holdings-gets-30-sen-fair-value

Posted by MarketnNomad > 2024-05-02 14:24 | Report Abuse

Farm Price appears to be a promising stock, Many were saying jumping into the vegetable industry could lead to discovering a treasure trove of hidden millionaires.

Posted by CapitalCraftsman > 2024-05-02 14:31 | Report Abuse

Fair value given by Institutions:
Apex = 0.42 sen (75% premium)
M+ = 0.445 sen (85% premium)
PBB = 0.30 sen (25% premium)
TA = 0.25 sen (4% premium)

Yielda

20 posts

Posted by Yielda > 2024-05-02 14:33 | Report Abuse

Malacca Securities sets Farm Price’s fair value at 85% premium ahead of IPO

https://www.thestar.com.my/business/business-news/2024/04/30/malacca-securities-sets-farm-prices-fair-value-at-85-premium-ahead-of-ipo

Posted by CapitalCraftsman > 2024-05-02 14:34 | Report Abuse

What can I say, Farm Price will skyrocket on the day of listing 😁

Yielda

20 posts

Posted by Yielda > 2024-05-02 14:35 | Report Abuse

Ini Kalilah !!!

PuaQW91

671 posts

Posted by PuaQW91 > 2024-05-02 14:43 | Report Abuse

personally, I think the theoretical opening price for this IPO will be more than 40 cents

JeffDidi

51 posts

Posted by JeffDidi > 2024-05-02 14:48 | Report Abuse

Hope that I can successfully subscribed Ipo otherwise, I'll have to wait for the open market. My concern is that it might soar too quickly after being listed.

LichterTS

33 posts

Posted by LichterTS > 2024-05-02 14:52 | Report Abuse

Apex Securities advises investors to subscribe to ACE Market-bound Farm Price with fair value of 42 sen

https://theedgemalaysia.com/node/710053

LichterTS

33 posts

Posted by LichterTS > 2024-05-02 14:53 | Report Abuse

40 sen above seems like the right price

Posted by MarketnNomad > 2024-05-02 14:56 | Report Abuse

With the news of Farm Price's plans for expansion into Singapore, driven by a robust dollar and increasing demand, it's anticipated that Farm Price will emerge as a dark horse in 2024.
https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-04-25-story-h-182853027-Farm_Price_Eyes_Singapore_Expansion_Bolstered_by_Stronger_Dollar_Rising

JeffDidi

51 posts

Posted by JeffDidi > 2024-05-02 15:01 | Report Abuse

It's okay for those who recognize its potential, but let's not overly promote it. Otherwise, smaller investors might miss out on subscribing and end up having to enter at a higher price later on. T.T

Posted by MarketnNomad > 2024-05-02 15:17 | Report Abuse

Follow the ride or miss out.... hahahahaha

rizwan987

38 posts

Posted by rizwan987 > 2024-05-02 16:35 | Report Abuse

tk rugi if apply, first day fly to 0.40-0.50

Callimori

56 posts

Posted by Callimori > 2024-05-02 19:26 | Report Abuse

Dark horse of IPO this year? Financial are really good on paper & are continuously growing strong year by year

BursaKakis

448 posts

Posted by BursaKakis > 2024-05-03 18:34 | Report Abuse

A total of 16,647 applications for 2,077,765,600 Issue Shares with a value of RM498,663,744.00 were received from the Malaysian public, which represents an
overall oversubscription rate of 91.35 times.

Posted by cenzur19 > 2024-05-03 19:16 | Report Abuse

91 time, big huat this time around

Coleman77

66 posts

Posted by Coleman77 > 2024-05-03 21:28 | Report Abuse

Still praying hard to get this IPO 🙏 Never get a single IPO in my life, pls give me

BursaKakis

448 posts

Posted by BursaKakis > 2024-05-03 23:33 | Report Abuse

Get the recent Farm Price presentation slides from BursaKakis Telegram Channel.

icecool

5,020 posts

Posted by icecool > 2024-05-04 10:49 | Report Abuse

open gap up

AmySee

487 posts

Posted by AmySee > 2024-05-06 11:46 | Report Abuse

If I can’t get IPO shares, I will prepare the bullet for May 14th 😤

rizwan987

38 posts

Posted by rizwan987 > 2024-05-06 16:51 | Report Abuse

Day one confirm blh gap up

Posted by CapitalCraftsman > 2024-05-06 19:31 | Report Abuse

Fair value given by Institutions (Updated):
Apex = 0.42 sen (75% premium)
Mercury = 0.29 sen (21% premium)
M+ = 0.445 sen (85% premium)
PBB = 0.30 sen (25% premium)
TA = 0.25 sen (4% premium)

Posted by khatulistiwa8 > 2024-05-06 22:49 | Report Abuse

Anyone has luck getting allocated with FP shares? if yes, good for you! i think u shld get the refund in your bank v soon.
in reality, though, it's really hard to kena the lottery. take a look at the results (it's uploaded on Tricor website.. public info), unless you apply >1 mln shares... else, macam no need to bother.
even if you try for 1 mln shares (that's RM240k in cold hard cash), your success rate is 30% for non bumi and 40% for bumi... and itupun, you get 15,000 shares (worth RM3,600) out of 1 mln shares applied. of coz, this means you get some pocket money on opening. perhaps, better bet is to buy in the open market upon listing... just hope the price is not too high! market pls bagi chance.. i will be watching and waiting to jump in.

Callimori

56 posts

Posted by Callimori > 2024-05-07 17:26 | Report Abuse

still easier to kena compare to real lottery....

Eggplant

90 posts

Posted by Eggplant > 2024-05-07 18:05 | Report Abuse

I feel you, khatulistiwa8. I also didn't get it.. let’s see if there is a chance to chip in on its listing day

PuaQW91

671 posts

Posted by PuaQW91 > 2024-05-07 20:03 | Report Abuse

For those of you who didn't get IPO shares, ride with the goreng wave then on next Tuesday 😁😁

Posted by Fuzzywuzzy > 2024-05-08 21:04 | Report Abuse

https://www.facebook.com/12invest.my/videos/2362227027309763
Saw someone share this on fb, Farm price seems good to go...

kritikos

57 posts

Posted by kritikos > 2024-05-08 22:11 | Report Abuse

Mega First Corporation Berhad buying fruits and vege company..
https://themalaysianreserve.com/2024/05/08/mega-first-corp-acquires-64-of-csc-agriculture-for-rm25m/
i checked bursa announcement, couldn't tell the valuation basis though...

Posted by CapitalCraftsman > 2024-05-09 09:44 | Report Abuse

It's Vege time 😀 FPHB surely will shoot up to the sky next week

Posted by CapitalCraftsman > 2024-05-09 09:46 | Report Abuse

btw, just for recap for the the company's background. Farm Price is mainly involved in the wholesale and distribution of fresh vegetables. The company also operates a retail store in Ulu Tiram, Johor, selling fresh vegetables, together with food and beverages products and other groceries, directly to end-consumers.

The company has regional distribution centres across northern, central, as well as southern regions of Peninsular Malaysia, alongside a centralised distribution centre in Johor serving both the Malaysian and Singapore markets.

Posted by TradeHarbor > 2024-05-09 17:29 | Report Abuse

Great interview with Farm Price management yesterday 👍

ThunderZX

100 posts

Posted by ThunderZX > 2024-05-09 17:36 | Report Abuse

12invest interview was great insight, tq for sharing

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