APOLLO FOOD HOLDINGS BHD

KLSE (MYR): APOLLO (6432)

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Last Price

6.33

Today's Change

-0.04 (0.63%)

Day's Change

6.33 - 6.39

Trading Volume

7,300

Overview

Market Cap

506 Million

NOSH

80 Million

Avg Volume (4 weeks)

6,019

4 Weeks Range

6.31 - 6.62

4 Weeks Price Volatility (%)

6.45%

52 Weeks Range

5.14 - 7.67

52 Weeks Price Volatility (%)

47.04%

Previous Close

6.37

Open

6.39

Bid

6.33 x 800

Ask

6.37 x 1,800

Day's Range

6.33 - 6.39

Trading Volume

7,300

Financial Highlight

Latest Quarter | Ann. Date

31-Jul-2024 [#1] | 23-Sep-2024

Next QR | Est. Ann. Date

31-Oct-2024 | 15-Dec-2024

T4Q P/E | EY

9.06 | 11.03%

T4Q DY | Payout %

7.90% | 71.60%

T4Q NAPS | P/NAPS

2.93 | 2.16

T4Q NP Margin | ROE

20.76% | 23.83%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: FOOD& BEVERAGES

Subsector: FOOD& BEVERAGES

Description:

Apollo Food Holdings Bhd manufactures, trades in, markets, and distributes compound chocolates, chocolate confectionery products, and cakes in Malaysia. The company operates through two segments, Investment Holding; and Manufacturing, Marketing, and Distribution. Its products include chocolate wafer products, layer cakes, chocolate layer cakes, and Swiss roll products. Its primary geographic markets are Malaysia, Asian (excluding Malaysia) and Others. Its subsidiaries include Apollo Food Industries (M) Sdn Bhd, which is engaged in manufacture and trading in compound chocolates, chocolate confectionery products, and cakes, and Hap Huat Food Industries Sdn Bhd, which is an investment holding company.

Discussions
5 people like this. Showing 50 of 569 comments

goldenhope

Better hold

2024-01-11 16:27

Vgun003

UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY SCOOP CAPITAL SDN BHD (OFFEROR)THROUGH AMINVESTMENT BANK BHD TO ACQUIRE ALL THE REMAINING ORDINARY SHAREIN APOLLO FOOD HOLDINGS BERHAD (APOLLO) NOT ALREADY OWNED BY THE OFFERORFOR A CASH CONSIDERATION OF RM5.80 PER OFFER SHARE (OFFER)----Is it okay if we don't accept this offer and continue to hold?

2024-01-12 13:34

AlphaAdventurer

You can still hold it even though you are not accepting the offer 😄 Apollo is not going to be privatised I think

2024-01-16 12:22

Nighelanghelo

independent adviser UOBKH says offer is fair and reasonable and recommends accept offer

2024-01-22 09:33

Nighelanghelo

I'm selling half my holdings. Apollo may benefit Scoop, but benefit of Scoop to Apollo, if any, may take several years to realize. The brothers Liang are reported selling because advancing in age and lack of a clear succession plan.

2024-01-22 09:49

sheldon

If Apollo is the only listed vehicle in Scoop's business, then it would serve the owner's interest to see that the share price rises. On the other hand, as part of a group companies for which they have no full interest, I hope they'll not strip this company.

Anyone thinks that the share price will go higher after the offer ends?

2024-01-22 21:40

PureBULL ...

APOLLO
this is the v 1st time, am seeing the stock price is abt the MGO price
in msian sejarah.
n so none substantial s/holders r selling on the mkt to get their money now than to sign the MGO form ex on Jan 29th n await.
Risk is the new owner finally has > 90% of this stock = the condition to be delisted.

Price Action Theory, always can help us all.
Watch for a special day of grand BO, break out to the new blue sky.
Take risk then n enter...

https://www.tradingview.com/x/wvTWCJ1c/
++++++++++++++++++++++++++++++
I LOVE THIS 3RD WAY ON KLSE:

IN GWS, WHAT HAD HAPPENED WILL HAPPEN AGAIN
these were words of wisdom of Livermore Theory.

WHERE'S THE BIG MONEY IN STOCKS??

Jim Rogers - "Figure out the money and you’ll figure out what’s going on."
Jim Rogers is asking us, where is the big money in charts n to find them ourselves.

yes, where's the big money picture?

There r 4 ways to big money in stocks:

NEW.OWNER.PLAY
+ is the 3rd best way to win in stocks on KLSE.
+ n usually it gives the BIGGEST money if the new owners r the super greedy type!
+ greedy means, TP, target price could fly multi baggers to 3X to even 10X like hextech did 2 yrs ago.
+ stock as PLC, is the fastest route for them to be the newly minted billionaires!

2024-01-23 03:29

sheldon

2 Qs - 1) Are the new owners capable? 2) Are they trustworthy?

2024-01-23 09:42

AlphaAdventurer

Only time will tell when we don't know them 🙂

2024-01-23 17:58

zhangwin

If Scoop manage to get 90%, what happens to those who have not accepted the mandatory offer that closes on 29/1/24?

2024-01-24 15:16

AlphaAdventurer

@chickenriceseller. What's that? That news was also very old ...

2024-01-26 20:28

AlphaAdventurer

There will be an extension for Scoop to take over ..
https://klse.i3investor.com/web/announcement/detail/1835819

2024-01-29 16:19

PureBULL ...

APOLLO
The New.Owner controls 78.42% i.e. 62,736,000 shares.
It has to sell down to < 75% i.e. sell 2,736,000 shares to comply with public spread as a PLC.
Or going thru some smart corporate plans.
after this MGO, it can choose to taichow anytime with no holds barred.

let's watch for the price action.

https://www.tradingview.com/x/2WUJXg6j/

https://klse.i3investor.com/web/staticfile/view/528248
NB:
1st time in corporate msia, every 1 can buy cheaper than the new.owner who
spent big money of $363 million to take over a PLC.
Is the new.owner the greatest fool in stock?

we watch REXIT now...

2024-01-30 08:55

theyoungman

@purebull

1st time in corporate msia, every 1 can buy cheaper than the new.owner who
spent big money of $363 million to take over a PLC.

----

So good oh.
Taking over at RM 5.8
And share price is not trading at 5.8 after Jan2024. Why so? What's the story and plan behind? If so, buying at below 5.8 is good bargain. Ya. Dunno y he wants to do that. And, Who are those sellers below 5.8?

2024-02-09 11:07

BudiLee

Congratulation! Yes APOLLO is a good company. I received lots of their dividends last year.

2024-03-19 10:24

BudiLee

Another good stock is UTDPLT , very strong capital growth and also dividend

2024-03-19 10:25

PureBULL ...

APOLLO
the new.owner is back with a roar.

1st a big 50 sen dividend declared, ex on this April 2nd, as the new beginning to the high flying journey;
https://klse.i3investor.com/web/entitlement/detail/26382_2646703983

Its QR PAT is ever growing;
https://klse.i3investor.com/web/stock/financial-quarter/6432

APOLLO could fly v high like Hextech with a huge BI n or Split soon.

https://www.tradingview.com/x/YZgu8Cky/

2024-03-19 11:22

kk7198

@PureBULL sifu, will follow you to buy. So far all your picks are ichiban n I make some $$$$ on Teo Seng, Rexit and last time PMB. So mati2 must buy some Apollo.

2024-03-19 14:11

BudiLee

How about UTDPLT sifu? Some say it is also good

2024-03-19 14:42

Realrich

Declare 50 cents dividend but share price up 1.2. lol who so smart pay 1.2 more and get 50 cents. After payment date further drop 50 cents.

2024-03-19 17:31

BudiLee

Think positively buy now and the price keep going up, so u get dividend + capital gain

2024-03-19 23:56

Realrich

You should think why share price up? Because of declared 50 cents dividend but now is over reaction. Their quarter profit 30m but share price is 5.88 already feel too high compare to other company made 30m profit per quarter. All of you chase 50 cents dividend but pay more 1.20. I really feel that too smart already. lol. After ex date drop 50 cents. You get nothing

2024-03-20 07:41

Realrich

Today high chance 3 days limit down. RM 7 but profit per quarter only 30m. Genting price also lower than apology but genting profit 200m per quarter. Compare to maybank profit 2.4b per quarter. So my conclusion is apolo over value. The fair price is around Rm4 only

2024-03-20 07:48

heesing62

The amount of share floating in the market is very low. Less than 25% (less than 20m shares). New owners controlling more than 78%.

2024-03-20 09:39

heesing62

Realrich…..Genting probably have 3B shares free floating in the market. As compared Apollo less than 20m shares.

2024-03-20 09:47

heesing62

Importantly set your target price to sell. Don’t be greedy.

2024-03-20 09:49

upupdragon

heard that a good news coming. up up up !!!!

2024-03-20 13:11

Xienry

Good news already out

2024-03-20 16:32

speakup

Welcome to CASINO DE BURSA!
semua kaum boleh judi!

2024-03-21 07:55

MULTIEVER

Apollo landed to moon. MAGA! MAGA! Make Apollo Great Agaian!🌕🌕🌕

2024-03-21 17:29

Fairus4469

Berbaloi letak Apollo sebagai pelaburan jangka panjg

2024-03-26 09:50

PureBULL ...

APOLLO
is ready to lift-off again to a bigger HH next week...
https://www.tradingview.com/x/7QDTSX39/

2024-03-30 13:42

KingKKK

APOLLO: The Consumer Sector's RISING STAR? (KingKKK) - (New Intrinsic Value is RM11.30; 60% upside)

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-04-story-h-184664452-APOLLO_The_Consumer_Sector_s_RISING_STAR_KingKKK_New_Intrinsic_Value_is

2024-04-04 13:37

Fairus4469

tunggu Apollo keluarkan perisa snek baharu 😋

2024-04-04 16:15

KingKKK

CONSUMER Sector (KingKKK) - Unveiling Potential Q2 Stars: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-06-story-h-184609490-CONSUMER_Sector_KingKKK_Unveiling_Potential_Q2_Stars_APOLLO_DLADY_SPRIT

2024-04-06 08:19

goodstudent66

Your shared information is invaluable to me in my life. https://finalgrade-calculator.com

2024-04-23 12:08

KingKKK

CONSUMER Sector (KingKKK): Top Beneficiary of 13% Pay Bump for Government Workers? Stock price reaction on 10 stocks: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-05-02-story-h-182019848-CONSUMER_Sector_KingKKK_Top_Beneficiary_of_13_Pay_Bump_for_Government_W

2024-05-03 07:54

Fairus4469

Apollo akan pecah Rm7 minggu depan lagi

2024-05-17 18:25

EatCoconutCanWin

Appolo buy intel 49%. Buy call

2024-06-05 12:16

by2mie

Apollo crash land..... QR 👎

2024-06-14 09:48

Fairus4469

Apollo beli Intel !? Ada link tak, EatCoconutCanWin?

2024-06-20 20:12

by2mie

buy now, confirmed will spike up to the moon this month

2024-07-03 11:40

zzprozaz

Post removed.Why?

2024-07-10 08:16

MULTIEVER

fuiyo 5% up today

2024-07-15 13:35

Dehcomic01

For many years proir to Covid-19, Apollo Food was boring company with declining returns. All that changed post Covid-19 with profits shooting up.

Then came the change in controlling shareholders in Dec 2023. The new controlling party are the people behind the Baskin-Robbins franchise in Malaysia and Singapore.

https://i.postimg.cc/kMNXyyL3/Apollo-returns.png
The market price today at RM 6.70 per share is much higher than the RM 5.80 the new controlling shareholder paid for Apollo.

My valuation of Apollo based on the past 12 years performance came to about RM 5.11 per share. The confectionary business is not a high growth one and to drive 30% business improvements (implied by comparing market price with my business value) would be challenging.

Unless of course there is some plan to inject other profitable busienss into the company. Why would anyone pay a premuim for a company unless they have plans to do magic with it?

For more insights visit https://www.youtube.com/watch?v=CoM2mL_mZ_8

2024-07-20 10:18

Fairus4469

Teka Apollo akan mengumumkan dividen pd Oktober bulan ni

2024-07-23 21:17

AlphaAdventurer

Ya, most likely the company will announce the dividend together with q1 results

2024-08-09 19:42

Fairus4469

Tunggu 6 rasanya baru kutip jika belum kutip

2 months ago

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