FFB (5306): Financials Summary, Key Results, Growth

Fly beyond Rm1.60, apparently

2024-07-20 16:51

Farm Fresh introduces low in sugar "Farm Fresh Choco Malt" 😋

https://www.nst.com.my/business/corporate/2024/07/1079995/farm-fresh-introduces-low-sugar-farm-fresh-choco-malt

2024-07-24 23:17

ThunderZX

Keep buying FFB

2024-07-26 17:07

TheVenturer

any cheap tickets?

2024-07-30 16:56

No more cheap price, dude

2024-07-30 18:23

Kevin Tam

When will this overpriced Farm Fresh drop back to Rm1. 00.....One of the most expensive consumer stock in South East Asia..

2024-07-30 20:23

MRX425

Jump in now

2024-08-05 15:58

It's still not as cheap as you'd hope. Ha

2024-08-05 16:56

TheVenturer

hard to find cheap now....

2024-08-08 16:07

I think it will keep consolidating at RM1.52 for now

2024-08-12 15:33

TG13688

keep collecting..

2024-08-13 15:10

Looks like I was wrong. It moves up gradually instead 🤗

2024-08-16 15:59

Travisbravis

Next stop 2.00

2024-08-21 16:34

With EPF’s continued buying, FFB will surely reach RM2 in a day

2 months ago

Ravi Kumar

Walau fantastic QR

2 months ago

Worth to put it for long-term. After 2 years, it will be RM4. haha

2 months ago

Agree, this stock need patience

2 months ago

x_abe81

RM2 by year end. RM4 by 2026. 🤞🤞🤞😆

2 months ago

so lucky today can buy in at 1.68 , tqsm

2 months ago

this week will up to 2.00

2 months ago

so a lucky day

2 months ago

Gudetamasan

good one here

2 months ago

all in for 1.68 today , tq

2 months ago

No wonder it goes up today, supermanhitam 😃

2 months ago

ThunderZX

2.00 ?

2 months ago

Surely can hit 2.00, but not in this month

2 months ago

KingKKK

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

2 months ago

You followed KWAP & EPF selling, supermanhitam ?

2 months ago

DouglasLiu
YOU SEE AS I SAID

2 months ago

XiongDaDa
SURE WILL GO TO

2 months ago

Up up up again this is gooood

1 month ago

supermanhitam
WHAT DID YOU SAY?

1 month ago

UnicornP

Wait 1.1-1.2m volume per day.

1 month ago

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

1 month ago

UnicornP

Just bought 1.81

1 month ago

nice up up up

1 month ago

Oh... Some funds start disposing 😗

4 weeks ago

MRX425

slowing down alrdy

3 weeks ago

Q2 results were leaked to big funds ?

3 weeks ago

dnt worry, FFB still moved up regardless

3 weeks ago

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.

2 weeks ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

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

2 weeks ago

Farm Fresh
Market cap 3.5B Earnings 83.15M PE 42.12

Dutch Lady
Market cap 1.94B Earnings 88.32M PE 21.97

2 weeks ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

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. :-)

2 weeks ago

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

1 week ago

Retailers power is strong also. ha

1 week ago

Cakes Moon

Why suddenly drop?

3 days ago