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A good company with multiple reputable brands for over 4 decades. very valuable intangible asset. Not long ago foreign investor bought Munchy for rm 1 billion. A few yrs back, director n largest shareholder bought back at rm 1.20. That was a few yrs back, it must be valued more now. Compared to its peers such as hupseng n hwatai, it is relatively cheap. It has been growing double digit annually before it expands into biscuit segment. After a few yrs into d new segment, its earning started to gro
Yes agreed with you. I also keep almost 5 years. Recent 2 quater it sales and cashflow show significant grow up. It from negative cash (during expansion) use 3 years become net cash co, furthermore pay div every quater. Really want thanks bossku ptomote for Super Ring.
Net cash Co, significant high profit margin and CAGR... Going to be a super GEM ... Stay Tuned ! A lot of funds will start covering in their radar after the coming QR... Boom vroom , shh...Accumulate quietly
The hulk like to see what others can't see... Add , buy and hold tight... It will be fast ride after the QR report... Fund Managers will start covering it... TP 4.00 ...
Last week when the hulk posted Glove will rebound soon , so many naysayers... The hulk doesn't fight back... don't follow the majority... when everyone gogogogo into tech past few weeks, the hulk already took profit... See the value where majority doesn't see
Hope it will materialize. RM2 i also very happy alrd. If include div this is decent return for me to keep almost 5 years. Anyway this is stil a under value solid company
@John Chia... With its peers of PE >20 Appollo, Cocoland , HupSeng , Kawan , Nestle, Powerroot etc The valuation seems fair enough to me. I anticipate aggressive funds buying after the coming QR... Please do take note , OFI pays dividend every Quarter... The new productions , new products , encouraging positive growth of the snacks : Super ring , Jacker, net cash Co... It will deliver extra extra more to shareholders.
You will see how they buy up after this month 's announcement... No matter political impasse or what, consumer products is still a safe heaven with Undervalue stock like Ofi... Pasti to moon
1. Strong, honest and capable management team / owner
2. Consistent Growth, Earnings & Dividend payout
3. Strong balance sheet & cash position / cash flow
4.Can hold across decades / generations without risk of delisting or bankruptcy
5. Undervalued & lack of appreciation from investors
It is normal to see this... Buy when weakness ,sell at strength. Those who join in earlier , see portfolio 5, 6 or 7 digits sure TP some ... Buy back T+2...
