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Overview
Financial HighlightHeadlinesBusiness Background 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.
5 people like this. PureBULL ... [2023-12-18 6:02 PM] Chart can tell tomorrow's news today, my guru said. News today, Apollo has a new owner at 5.80: https://www.tradingview.com/x/jm1H1u3Z/ [2023-12-19 3:42 AM] I made good money every cycle on NEW-OWNER-PLAY the new owner of APOLLO, an A1 stock, spent abt the BIG $250 million at 5.80 a share to take over. n he must do the MGO at 5.80. he wants it to be the PLC, as the MMM, money making machine.,. he n team must hoot.9.e to rocket it up to 50-100% X 5.80 on MGO day, my wild guess. mkt forces will help him, JUST DO IT.,. 19/12/2023 4:57 PM DividendGuy67 Price didn't go higher than RM5.80 yet, because some people wants the monies now and so, are willing to sell first at below RM5.80, instead of waiting for RM5.80 later. My guess is the Singapore buyers are looking at higher earnings yields offshore (Malaysia), and diversify by currency too. Also possible for future dividends to be increased, due to high net cash and not efficient capital wise. Current dividends 25-35 sen is likely to be enhanced (but speculative) or maybe special dividend after take-over. Anyway, I had an extremely lovely ride - not inside my Top 3 largest wins - but still a very decent win having bought at 3.xx, excluding dividends and realized gains. The easy gains have already been had, now going forward, it's going to be harder. 19/12/2023 11:45 PM zhangwin I like Apollo for its conservative but very safe strategy. Always without debt and cash rich, giving good dividends to shareholders. A good example of a well managed Chinaman company . Hope new management can maintain the status quo and not mismanage. 20/12/2023 10:56 AM chickenriceseller https://www.thestar.com.my/news/nation/2003/01/31/please-release-me-shoplifter-begs-magistrate congrats apollo has a criminal as a new owner 20/12/2023 2:03 PM heesing62 chickenriceseller , what is the correlation between this shoplifter many years ago with Apollo ? 🙄 20/12/2023 5:58 PM Nighelanghelo @wkl1063 i think those queuing to buy are those doing arbitrage, not the offerors. and mandatory means offeror must make offer, not must buy all the shares in the market, haha... 27/12/2023 10:15 AM AlphaAdventurer May be Apollo will have ice-cream waffles after Scoop had taken over completely 😉 27/12/2023 3:05 PM heesing62 Hopefully the new owner will not divert out all the cash (more than RM130M) instead to add value to the company. 03/01/2024 5:31 PM AlphaAdventurer Yupe, hope that Scoop will be able to increase the value to Apollo and produce more new products after taking over 08/01/2024 12:13 PM 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? 12/01/2024 1:34 PM AlphaAdventurer You can still hold it even though you are not accepting the offer 😄 Apollo is not going to be privatised I think 16/01/2024 12:22 PM Nighelanghelo independent adviser UOBKH says offer is fair and reasonable and recommends accept offer 22/01/2024 9:33 AM 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. 22/01/2024 9:49 AM 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? 22/01/2024 9:40 PM 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! 23/01/2024 3:29 AM zhangwin If Scoop manage to get 90%, what happens to those who have not accepted the mandatory offer that closes on 29/1/24? 24/01/2024 3:16 PM chickenriceseller @sheldon the owner is a criminal https://www.thestar.com.my/news/nation/2003/01/31/please-release-me-shoplifter-begs-magistrate 24/01/2024 4:29 PM AlphaAdventurer There will be an extension for Scoop to take over .. https://klse.i3investor.com/web/announcement/detail/1835819 29/01/2024 4:19 PM 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... 30/01/2024 8:55 AM 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? 09/02/2024 11:07 AM KingKKK When 99% of Apollo shareholders sold their shares at RM5.80 due to the offer triggered, I said should hold on to it because it is still undervalued. My target is RM6.75. https://klse.i3investor.com/web/blog/detail/bestStocks/2023-12-19-story-h-212310342-APOLLO_3_lessons_learnt_after_price_hit_7_year_high_KingKKK Today up to RM6.50, Bursa Top Gainer. 19/03/2024 9:27 AM BudiLee Congratulation! Yes APOLLO is a good company. I received lots of their dividends last year. 19/03/2024 10:24 AM BudiLee Another good stock is UTDPLT , very strong capital growth and also dividend 19/03/2024 10:25 AM 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/ 19/03/2024 11:22 AM 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. 19/03/2024 2:11 PM 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. 19/03/2024 5:31 PM BudiLee Think positively buy now and the price keep going up, so u get dividend + capital gain 19/03/2024 11:56 PM 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 20/03/2024 7:41 AM 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 20/03/2024 7:48 AM 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%. 20/03/2024 9:39 AM heesing62 Realrich…..Genting probably have 3B shares free floating in the market. As compared Apollo less than 20m shares. 20/03/2024 9:47 AM | |