Last Price Today's Change   Day's Range   Trading Volume
0.70   0.00 (0.00%)  0.70 - 0.70  5,000
Analyze this stock with MQ Trader system


Market Cap: 155 Million
NOSH: 221 Million
Avg Volume (4 weeks):19,780
4 Weeks Range:0.69 - 0.72
4 Weeks Price Volatility (%):
52 Weeks Range:0.655 - 0.775
52 Weeks Price Volatility (%):
Average Price Target: 0.88
Price Target Upside/Downside: +0.18

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  21-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  17-May-2023
T4Q P/E | EY: 12.16  |  8.23%
T4Q DY | Payout %: 1.43%  |  17.37%
T4Q NAPS | P/NAPS: 0.69  |  1.01
T4Q NP Margin | ROE: 7.39%  |  8.34%


Date Subject
27-Sep-2022 Rhone Ma Holdings Berhad - Dairy Business To Drive Long-term Growth
22-Aug-2022 受惠于政策 龙马跃控股WA可留意/温世麟
17-Aug-2022 MQ Market Updates - 17 August 2022
05-Jun-2022 My Portfolio May22 - Bursa Dummy

Business Background

Rhone Ma Holdings Bhd is an animal health solution provider. It offers animal health services as well as the manufacturing and distribution of animal health products. The operating segments of the group are Animal health products; Food ingredients and Others. Animal health products segment include marketing, trading, distribution and manufacturing of animal health products and undertaking research and development activities related to animal health, food safety and agriculture in animal health products. The animal health products offered include vaccines, pharmaceuticals, and feed additives. It is also involved in the distribution and supply of food ingredients. The organization operates in Malaysia and internationally and generates maximum revenue from the Animal health products segment.
Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.

  Be the first to like this.
wallstreetrookie Farm Fresh is a bad long term investment. Rhone-ma is well-diversified.
14/03/2022 9:09 PM
wallstreetrookie Dude, I am definitely selling Farm Fresh at open and buy more Rhone-ma.
14/03/2022 9:09 PM
wallstreetrookie Rhone-ma is a sleeping giant. 1000x better than FFB. Farm Fresh is going to tank after IPO. I have never seen an IPO survive such high valuation except Mr DIY and Public Bank all the banks
15/03/2022 8:25 AM
wallstreetrookie Rhone-ma will fly in 2025. Mark your calendars
15/03/2022 8:28 AM
wallstreetrookie Rhone-ma is the next QL Resources
Farm Fresh is the next Leong Hup International
Too much hype never ends up well. Even Mr DIY is a miracle
15/03/2022 8:30 AM
wallstreetrookie Asking my grandma to all in Rhone-ma
15/03/2022 8:30 AM
wallstreetrookie Currently the best long term opportunity I can find on Bursa
15/03/2022 8:31 AM
wallstreetrookie Henry Goh from KLSE Screener wants to buy at 50 cents
15/03/2022 12:40 PM
Got_Milk Rhone Ma coverage by UOB Kay Hian

16/03/2022 4:26 PM
wallstreetrookie I promise you guys, if I make a lot of money from the Farm Fresh IPO, I will pump Rhone-ma
16/03/2022 5:55 PM
wallstreetrookie Farm Fresh is Leong Hup International
Rhone-ma is the next QL Resources
16/03/2022 5:55 PM
wallstreetrookie @Got_Milk Why do you keep promoting on public forum? Keep quiet and slowly collect
16/03/2022 6:12 PM
wallstreetrookie No need to promote
16/03/2022 6:12 PM
wallstreetrookie Don't promote on KLSE Screener especially. A lot of gamblers and traders on KLSE Screener. i3investor more long-term oriented investors
16/03/2022 6:13 PM
rikki Rhone Ma Holdings Bhd (Fundamental BUY with TP RM1.07)
• Rhone Ma Holdings Bhd (Rhone Ma) is an end-to-end animal health solution provider. The company ventured into fresh milk production in 2019.
• Despite the slow business environment during the Covid-19 pandemic, Rhone Ma’s revenue has recorded a 12% CAGR over the past 2 years. In tandem with the expanding market revenue in Animal Health and Nutrition Industry, the company’s market share has grown from 4.7% in 2018 to 5.8% in 2021.
• Rhone Ma’s GMP compliant plant in Nilai which has a production capacity of 2,500 MT/year has commenced operation in April 2021. The plant is currently 35% utilised and is expected to increase gradually. Management guided the plant to reach full utilisation rate by end 2023 as the PJ GMP compliant plant has been running at full capacity (637 MT/year).
• Its Human Healthcare segment revenue grew 231% in 2021, attributed to the Covid-19 outbreak. The company’s CiTest Covid-19 Antigen Rapid Test Kit is widely used by clinics and hospitals. Moving forward, Rhone Ma will continue its R&D effort to expand its human healthcare products range such as other purpose test kit.
• We see Rhone Ma’s venturing into Ruminant industry as synergistic to its animal health product segment. Meanwhile, the government aims to increase the country’s fresh milk self-sufficiency level to 100% within five years; and this will create an opportunity to its 49% owned A2 Fresh SB. The company is planning to expand its dairy farm from 300 cattle to 500 cattle by end 2022, producing its own brand milk targeted to launch in 1Q2023.
• According to Protégé Associates, the Animal Health and Nutrition Industry has grown to a RM2.33bn revenue industry vs RM2.09bn in 2018. We see Rhone Ma is well positioned in the growing livestock market in Malaysia. BUY with a target price of RM1.07 based on 18x PER FY22F (3-year average).
• Financially, the company’s leverage is manageable with net gearing of less than 10%.

Rakuten Trade Research 17/3/2022
17/03/2022 5:31 PM
wallstreetrookie Don't promote on KLSE screener
17/03/2022 6:26 PM
wallstreetrookie I am excited guys
18/03/2022 10:45 AM
wallstreetrookie Stay quiet and don't promote on KLSE Screener. Henry Goh bought a lot quietly
18/03/2022 11:35 AM
Nathan27 Good company but not good operator , boss don’t want to play his counter.. so obvious blocking the share price from moving up… to those who are not in yet, go find better operators with more commitment , those already in, just forget about it, rhonema won’t move anytime soon… cheers..
23/03/2022 3:36 PM
wallstreetrookie Bursa Company Warrants Guide 2022
1. Revenue-WA
2. Sernkou-WA
3. Rhonema-WA
25/03/2022 4:59 PM
wallstreetrookie There is no such thing as operator
Only buy-side institutions, foreign institution, insiders, substantial shareholders, market-makers, wealthy clients (sophisticated), and retail investors.
Quit obsessing on the concept of "operator"
25/03/2022 5:38 PM
wallstreetrookie It is always too late to buy a stock when hot money and asset managers rush in
25/03/2022 5:38 PM
wallstreetrookie If you wanna buy stocks with heavy "operator" activity, go to MPI and UWC. But do you have the guts? What if sell-side dumps their stocks on you?
25/03/2022 5:39 PM
wallstreetrookie It is part of the price discovery, Buy before asset managers deploy their capital
25/03/2022 5:39 PM
wallstreetrookie I can also become the "operator" if I buy enough, but it is not the time yet
25/03/2022 5:39 PM
wallstreetrookie Once I see enough order book, you bet I am going all in
25/03/2022 5:40 PM
awesome20 egg theme
05/04/2022 7:44 PM
Peace99 @wallstreetrookie How to qualify for private placement?
06/04/2022 5:45 PM
wallstreetrookie 2-5 M liquid asset
06/04/2022 7:56 PM
Peace99 TQ. Assuming one day I have that $ haha then approach the company directly?
06/04/2022 8:31 PM
HEnryGoh hi wallstreetrookie i am henry goh from klse screener u did mentioned just noticed my name being commented haha
26/04/2022 1:52 PM
Noni Yenher doing same business. Which would you pick ?
03/05/2022 11:11 AM
stockraider Not totally the same mah!

Rhonema has make dairy its 2nd core business mah!
03/05/2022 11:48 AM
terence775 Noni, the businesses are actually quite different between the two companies

Do look into the quarterly reports and compare.
09/05/2022 4:21 PM
donkeycharles will the war affect the cost of the food for the cows?
10/05/2022 9:56 AM
veterinarian "During the 1849 California Gold Rush, few prospectors struck it rich. Most of the people who made money back then were those who “sold shovels” (and jeans, tents, pickaxes and other supplies and services) to the prospectors "
16/05/2022 9:43 PM
veterinarian Rhonema provides animal health & nutrition products and services to the pets, poultry, ruminant, swine sectors (by revenue)
17/05/2022 12:18 AM
wallstreetrookie Someone promoting this stock on Stockb*its
20/05/2022 4:09 PM
wallstreetrookie Guys, seriously stop promoting Rhone-ma on Facebook
22/05/2022 7:43 AM
Got_Milk Food Protectionism & Security

28/05/2022 6:23 PM
wallstreetrookie Promote again
17/06/2022 2:27 PM
Got_Milk JCorp returns to the black in FY21, with PAT of RM379m
August 02, 2022 16:50 pm +08

02/08/2022 7:05 PM
Got_Milk FGV ventures into integrated dairy farm business in Chuping, eyes 100 million litres of fresh milk a year
August 08, 2022 11:07 am +08


-Rhone is one of the leading Ruminant animal health and nutrition providers in the country
08/08/2022 2:13 PM
Got_Milk 2nd Quarter 2022 was lower QoQ impacted by high raw material prices. The price of corn, soybean and wheat currently have all dropped significantly from the peaks in 2Q22. In addition 3Q and 4Q are traditionally stronger quarters...most importantly from a YoY basis (eg 2Q22 vs 2Q21 and 1Q22 vs 1Q21) Rhone continues to show double digit growth. FY2022 might be the year Rhone delivers record high profits (for comparison, the all time high share price was RM1.3x in 2017). The MD has recently started buying shares from the open market
10/09/2022 1:48 AM
wallstreetrookie Good research by Got_MIlk as always
11/11/2022 9:28 PM
wallstreetrookie Still unfathomable how Rhone-ma trades at such a significant discount from Farm Fresh
11/11/2022 9:29 PM
terence775 Deep dive into Rhonema's business model, pros, cons, risks, growth stories!

PM me to get access to read my article for free
09/01/2023 6:43 PM
Got_Milk $YENHER $RHONEMA $ANCOMNY $PLABS - Food Security as near to medium term investment theme

"Food security is an area that requires careful handling by governments. If not handled delicately, it could result in political instability..

Exacerbated by soaring commodity price, inflation pressure, food security have come under the spotlight.. Malaysia, is not spared.. despite being an exporter of chickens and eggs, the country experienced shortages..

According to the PM Anwar Ibrahim, the upcoming revised Budget 2023 to be tabled later this month will give emphasis on high food import bills and issues concerning food security..

Listed companies that could potentially benefit from adoption of modern agro-tech and agricultural best practices may include players that are involved in animal healthcare and agricultural chemicals such as.. (CONT)"
20/02/2023 6:26 PM
Got_Milk No more price controls for chicken, eggs after June, says Mat Sabu

Tuesday, 21 Feb 2023, 6:37 PM MYT

KUALA LUMPUR: Prices of chicken and eggs are expected to be floated after June as part of the government's efforts to overcome the food shortage, says Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

He said the prices would be floated so that the Domestic Trade and Cost of Living Ministry could monitor and assess fluctuations in the prices of the goods compared to the current ceiling price.

"We are confident that the Agriculture and Food Security Ministry will satisfy the demand for chicken and eggs (through price floating) and even now it is sufficient but in five or six months' time, it will be more sufficient if no new undesirable matters (such as disasters) arise," he said when interviewed at his office here on Tuesday (Feb 21).

In January, Mohamad said that his ministry was studying the need to float the price of eggs in the market and provide targeted subsidies to the B40 group, and that discussions were being held with the Finance and Economy Ministries over the matter.

Full article: https://www.thestar.com.my/news/nation/2023/02/21/no-more-price-controls-for-chicken-eggs-after-june?fbclid=IwAR3wzRB2FKhZmJj-ZR9RXcMwerB2S8g6vNO1AVu4JgGrhB5TsOmTfFxGIgE


Inflation is inevitable and price controls on essential staples do not work
22/02/2023 10:46 AM
stockraider Go....Go...Go RHONEMA!!!
22/02/2023 11:36 AM

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate

543  229  532  984 

Top 10 Active Counters
 CFM 0.24+0.055 
 MMAG 0.0150.00 
 BSLCORP 0.05+0.01 
 BSLCORP-WB 0.025+0.015 
 HONGSENG 0.1150.00 
 TOPGLOV 0.995+0.04 
 HSI-HKX 0.11-0.035 
 CFM-WA 0.06+0.01 
 HSI-CLY 0.31+0.065 
 ASTRO 0.725+0.035