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For many years Rhone Ma has been impacted from the weak RM/strong USD but now the US will reduce interest rates (5.25-5.5%) and the RM will have sustained strength. This will greatly benefit importers and provide continuity. In addition, commodity prices like corn and soybean is trending lower since May/Jun 2024, further lowering it's raw material costs while also benefitting it's customers like poultry, swine, which will in turn benefit the animal health and nutrition co's like Rhonema. Uncle look forward to 2025 and beyond as a growth year for the business as well as secular growth from the dairy farm JV with Kulim, the parent of Johor Plantations
Yes RM continue to strengthen against USD. With US going on an interest rate cutting cycle (typically years) this will be supportive for importers like Rhonema
Henry long time no hear from you hope you are fine ha ha ha. Holding strong these years plus dividends Rhone Ma's time is coming soon don't worry ha ha ha