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 1 hour ago

skyjet

541 posts

Posted by skyjet > 2024-06-20 14:54 | Report Abuse

Strong support at 0.615

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-21 10:57 | Report Abuse

FPHB is the miss universe of year 2024. All the stocks you can miss but cannot miss FPHB. The next station will be 0.80 then 1.20.

Posted by hafizfizor90 > 2024-06-21 12:51 | Report Abuse

from what vincent tang?.

Posted by hafizfizor90 > 2024-06-21 12:51 | Report Abuse

everyone can talk but must have reason

Posted by panchoni200 > 2024-06-21 17:58 | Report Abuse

momentum too strong

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-22 09:47 | Report Abuse

hafizfizor90, read it's last quarter result then you will know the reason.

Goldberg

2,914 posts

Posted by Goldberg > 2024-06-22 10:11 | Report Abuse

Prospects

FPHB distinguishes itself via a wide variety of fresh vegetables coupled with value-added services. Currently, the company operates approximately 980 SKUs of fresh vegetables, meeting diverse customers’ needs. The provision of prepacked and fresh-cut vegetables not only caters to convenience but also commands a higher profit margin.

In response to escalating demand and operational constraints, FPHB is strategically transitioning from 12-hour shifts to 24-hour operations to streamline delivery and storage processes. At present, the cold room facilities are operating at over 95% capacity thus FPHB are planning to augment processing shifts, enhance delivery frequency, and utilize on-site refrigerated containers and temporary warehouses to accommodate the surging demand.

As part of its expansion strategy, FPHB is undertaking the construction of new facilities to enlarge its central distribution center that will enhance its built-up area from 78,721 sq ft to 149,548 sq ft, scheduled for commencement in 1Q 2026. The new production facilities will expand its floor space by 90%, thereby enhancing cold room capacity by approximately 35%, positioning FPHB for substantial growth in the foreseeable future.

The fresh vegetable industry is integral to Malaysia's food security agenda, directly impacting sustenance, health, and cost of living. In 2022, the industry contributed 8.9% to the GDP of the agriculture sector, with food and non-alcoholic beverages comprising of 29.8% of the CPI weight in 2023. With a market size of RM7.6bn in 2023, the industry presents significant growth opportunities, supported by governmental focus and consumer demand for fresh produce. As such, FPHB stands to benefit from this favorable industry landscape.

We expect FY23-FY26F earnings to grow at a strong CAGR of 33%, underpinned by (i) the transition to 24-hour shifts to meet escalating demand, (ii) the expansion of value-added services, particularly targeting the Singapore market, and (iii) the expansion of the Senai Centralized Distribution Center. In addition, FPHB boasts a healthy balance sheet, with gearing levels falling from 2.66x in FY20 to 0.53x in FY23, a trend expected to be sustained post IPO.

necessity

109 posts

Posted by necessity > 2024-06-24 10:44 | Report Abuse

the wind start blowing guy..just the begining for the monsoon market demand.
diesel up, overhead up.. price up ..profit up..
this counter raise on the right time at the right place..
numbers is good.. business is good
i ll stay for long

Posted by Fuzzywuzzy > 2024-06-24 14:44 | Report Abuse

80 sen coming like a storm

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-24 15:08 | Report Abuse

1.20 coming soon. Just buy and hold to win big. All stocks you can miss but cannot miss FPHB.

LoverBass

11 posts

Posted by LoverBass > 2024-06-24 19:04 | Report Abuse

Green green week! This week 80 cents lor

troy88

3,012 posts

Posted by troy88 > 2024-06-25 09:26 | Report Abuse

Keep rising up despite market turmoil. Resilient!

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-25 11:12 | Report Abuse

1.20 coming soon. Don't miss this multibagger stock in year 2024.

necessity

109 posts

Posted by necessity > 2024-06-25 12:05 | Report Abuse

despite 11.30am dumping.. bullish still win..
very strong momentum.. very good counter.
any price bellow 0.9 still undervalued.
don't miss the train.. cheers !

hauchong

17 posts

Posted by hauchong > 2024-06-25 13:26 | Report Abuse

Go, Goal, Gold

speakup

27,011 posts

Posted by speakup > 2024-06-25 13:31 | Report Abuse

farm price buka data centre ?

Goldberg

2,914 posts

Posted by Goldberg > 2024-06-25 14:21 | Report Abuse

FPHB is Johore based big time Farm products company. At best they produce vegetables to Data Centre workers. Jokes aside, FPHB is a well managed company with good potential .

speakup

27,011 posts

Posted by speakup > 2024-06-25 14:26 | Report Abuse

patutlah. no wonder Fphb in DC theme

Posted by minizzizin > 2024-06-25 14:51 | Report Abuse

DC for veggies

gohkimhock

3,125 posts

Posted by gohkimhock > 2024-06-25 15:56 | Report Abuse

now is your golden chance to grab guys.
stay healthy with vegetables..

zhm540

2,491 posts

Posted by zhm540 > 2024-06-26 08:57 | Report Abuse

despite the sell off yesterday, FPHB managed to climb up...bravos to all the shareholders!

troy88

3,012 posts

Posted by troy88 > 2024-06-26 09:18 | Report Abuse

Despite market volatility this one should eventually reach RM1+ in time..

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-26 09:24 | Report Abuse

Just buy and hold for longer time, sure win. FPHB is the multibagger stock in year 2024 & 2025.

necessity

109 posts

Posted by necessity > 2024-06-26 10:37 | Report Abuse

earning forecast to grew over 16% this year..
with performance grow of 88% last year.
looking good

Posted by Christine Cheah > 2024-06-26 11:59 | Report Abuse

Is it still good price to enter? I bought little at 57

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-27 10:09 | Report Abuse

Buy on weakness if you can get at cheaper price and hold for longer term. FPHB is the multibagger stock in year 2024 & 2025. Other stock you can miss but cannot miss FPHB.

hauchong

17 posts

Posted by hauchong > 2024-06-27 10:20 | Report Abuse

enter during May... still hold and enjoy the green color

necessity

109 posts

Posted by necessity > 2024-06-27 10:34 | Report Abuse

@Christine Cheah
Is it still good price to enter? I bought little at 57

did you study their latest numbers and review their performance?
just go to the market nearest, get some of their veggie..
evaluate the product. the quality, the packaging, marketing, logistic etc etc..
then you decide if it worth it to pyramiding your price.
in the end of the day, that where your money goes into.

troy88

3,012 posts

Posted by troy88 > 2024-06-27 10:44 | Report Abuse

Small profit taking and market volatility is not gonna derail this underrated gem from surpassing RM1 eventually..

zhm540

2,491 posts

Posted by zhm540 > 2024-06-27 15:08 | Report Abuse

sayur cheap sale! sudah layu boleh beli murah!

Coleman77

66 posts

Posted by Coleman77 > 2024-06-27 15:16 | Report Abuse

fail to sustain above 70c, can go lower?

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-27 15:36 | Report Abuse

Buy buy buy on weakness now. I top up again at 0.665.

zhm540

2,491 posts

Posted by zhm540 > 2024-06-27 16:47 | Report Abuse

one of the worst performing counters today....better don't touch

LicherTS

33 posts

Posted by LicherTS > 2024-06-27 17:07 | Report Abuse

tmr sure rebound

Posted by liawsinyi1995 > 2024-06-27 18:46 | Report Abuse

Saya sudah panic🙄

gohkimhock

3,125 posts

Posted by gohkimhock > 2024-06-27 22:40 | Report Abuse

It doesn't matter. We will let the results do the talking.

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-27 22:54 | Report Abuse

If you check the FPHB volume today, you can see the volume is relatively low compare to daily volume when it up around early to mid of Jun. Small volume consolidated means it will big up anytime. Buy on weakness now should can let you win big in this strong fundamental and good prospects company.

Posted by liawsinyi1995 > 2024-06-28 04:28 | Report Abuse

Maybe the yen issue...make the market rebound

Arun008

16 posts

Posted by Arun008 > 2024-06-28 09:19 | Report Abuse

down down

hauchong

17 posts

Posted by hauchong > 2024-06-28 10:01 | Report Abuse

3~5pm sure got many lelong for me to in more

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-28 14:59 | Report Abuse

Big fish buyer coming, don't miss the train.

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-28 15:43 | Report Abuse

Come on FPHB, bagi close green.

Posted by Farretwild > 2024-06-28 15:49 | Report Abuse

Queue 0.60 lor, push it further down!

VincentTang

1,227 posts

Posted by VincentTang > 2024-06-28 17:08 | Report Abuse

Not bad, can close at high. I believe next week is the time to up after the correction.

VincentTang

1,227 posts

Posted by VincentTang > 2024-07-01 10:04 | Report Abuse

Big fish buyer coming, don't miss the train.

zhm540

2,491 posts

Posted by zhm540 > 2024-07-01 14:50 | Report Abuse

ayoyo sayur x boleh simpan lama2 oooo...semua kecut dah!

fattycat

697 posts

Posted by fattycat > 2024-07-01 16:12 | Report Abuse

Can buy and hold. This company 小而美。 https://youtu.be/QAUviKfbDQo?si=Qm_LzQgaKsFCD0eF

gohkimhock

3,125 posts

Posted by gohkimhock > 2024-07-01 16:31 | Report Abuse

Wholesaling business always make good profit. They control the market price. When did you ever see a wholesaler went bust?

zhm540

2,491 posts

Posted by zhm540 > 2024-07-01 16:38 | Report Abuse

penjualan sayur busuk diteruskan petang ini....

cytew

1,609 posts

Posted by cytew > 2024-07-01 22:33 | Report Abuse

Expect it to rebound tomorrow

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