LOTUS KFM BERHAD
KLSE (MYR): LOTUS (8303)
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Last Price
0.155
Today's Change
-0.005 (3.13%)
Day's Change
0.155 - 0.16
Trading Volume
67,100
IPO Info
File Name: Lotus KFM Berhad - Abridged Prospectus.pdf Download
Discussions
1 person likes this. Showing 50 of 1,774 comments
Volum dagangan mula meningkat kebelakangan. Masuk sikit utk menunggang gelombang ni
1 month ago
According to IMARC Group, the global wheat flour market size is expected to reach US$ 346.1 billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032
1 month ago
People are becoming more health conscious. Hence, Lotus KFM has great growth potential
1 month ago
Great, buying volume continue to increase. Just for sharing, today's buying rate for LOTUS is around 78% - 82%
1 month ago
sentimen pasaran agak lemah disebabkan pilihan raya AS ... pegang dan tengok dulu sekrg
1 month ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
1 month ago
The Board of Directors of Lotus wishes to announce that LKB Plantation Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 23 September 2024 entered into a joint venture agreement with Cengal Abadi Sdn. Bhd., Rimbun Jelutong Sdn. Bhd., Sentosa Tropika Sdn. Bhd., Trillion Greenland Sdn. Bhd. and Tropika Intan Sdn. Bhd., for the harvesting and processing of bamboo chips/pellets.
1 month ago
Business is expanding well, it looks like can grab some when the price is low
1 month ago
The company has updated its official website. Looks nice ~
https://www.kfmb.com.my/
1 month ago
diversify is good since expansion into plantations can bring potential for growth in the future
4 weeks ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
3 weeks ago
Lotus-WB will expire soon and we probably can see Lotus making a rebound after that
3 weeks ago
There will be some movement for sure after WB expired because QR will also be released during that period
2 weeks ago
A bullish signal from the RSI indicator is detected. Get ready for a rebound
1 week ago
0.15-0.16 great support & potential reversal range, worth entering at this point
1 week ago
Result out, Lotus's revenue maintained RM13.386m in the immediate preceding quarter as compared with RM13.780m for current quarter, while gross profit decrease from RM 0.574m to RM 0.398m due to high material cost
4 days ago
Masih boleh tahan keputusan ni. Amat teruja perniagaan bekalan bahan biotenaga dan operasi ladang hutan yg boleh membawah pendapatan yg lumayan kpd Lotus
2 days ago
If break 0.16 then fly towards 0.22, Lotus doubling down on biomass solutions and forest plantations.
1 day ago
Initial sales from the biomass segment have begun. This venture will enable LOTUS to tap into the global trend towards renewable energy
https://www.thestar.com.my/business/business-news/2024/11/29/lotus-kfm-eyes-growth-with-bioenergy-and-plantation-ventures?utm_source=chatgpt.com
5 hours ago
Friday, 29 Nov 2024 The Star
6:50 PM MYT
KUALA LUMPUR: Lotus KFM Bhd is optimistic about its prospects, supported by its strategic diversification initiatives, including ventures into sustainable resources such as bioenergy material supplies and forest plantation operations.
“The group will continue to leverage its expertise and resources to navigate market challenges and seize opportunities in the coming year,” the flour producer said.
In the fourth quarter ended Sept 30 (4Q24), Lotus KFM reported a net profit of RM113,000, bringing its full-year net profit to RM154,000. Revenue for the quarter was RM13.8mil, contributing to a total revenue of RM50.7mil for the year.
“Despite a challenging start to 2024 our 4Q24 results reflect resilience and adaptability. The initial sales from our biomass segment mark an exciting step in our diversification strategy, laying the groundwork for enhanced revenue and profitability in the future.
“We are committed to further improving operational efficiencies and exploring growth opportunities to create long-term value for our stakeholders,” vice chairman Datuk Wong Sak Kuan said in a separate statement.
1 hour ago
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Lotus KFM has also ventured into property development in an effort to diversify its revenue streams. The rate cut is also good news for the company
1 month ago