wallstreetrookieDon'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
rikkiRhone 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%.
wallstreetrookieStay quiet and don't promote on KLSE Screener. Henry Goh bought a lot quietly
18/03/2022 11:35 AM
Nathan27Good 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..
wallstreetrookieThere 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
wallstreetrookieIt is always too late to buy a stock when hot money and asset managers rush in
25/03/2022 5:38 PM
wallstreetrookieIf 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
wallstreetrookieIt is part of the price discovery, Buy before asset managers deploy their capital
25/03/2022 5:39 PM
wallstreetrookieI can also become the "operator" if I buy enough, but it is not the time yet
25/03/2022 5:39 PM
wallstreetrookieOnce I see enough order book, you bet I am going all in
terence775Noni, the businesses are actually quite different between the two companies
Do look into the quarterly reports and compare.
09/05/2022 4:21 PM
donkeycharleswill 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
veterinarianRhonema provides animal health & nutrition products and services to the pets, poultry, ruminant, swine sectors (by revenue)
Got_MilkFGV ventures into integrated dairy farm business in Chuping, eyes 100 million litres of fresh milk a year theedgemarkets.com 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_Milk2nd 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
wallstreetrookieStill unfathomable how Rhone-ma trades at such a significant discount from Farm Fresh
11/11/2022 9:29 PM
terence775Deep 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_MilkNo 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
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Inflation is inevitable and price controls on essential staples do not work
Got_Milk275 hectares = 680 acres equivalent to c. 25% of FFB farm size of ~2800 acres (as at end Jan 2022)
Construction of the project expected to be completed by July 2024
07/04/2023 12:43 AM
donkeycharleswho is winning at the market share of self sufficiency?
07/04/2023 10:13 AM
Got_MilkThere are various profit streams in the Jemaluang Dairy Valley project 1. Consulting/Construction profits 2. Maintenance/Management profits (continuing animal feed and nutrition products/services to the dairy valley)
Got_MilkCommodity prices like corn are coming down which should lower input prices
19/07/2023 10:47 PM
Michael KwokBuy hapseng 3.90 range.down buy somemore. Tp 4.80-5.00 before christmas 2023 Steady shares. Come to join me.situation very critical.u need some advice and tweaking. 3 as below; I)teach some II)shares review every one or 2 weeks III)share recommendation or ask to buy or sell share u have. IV)tell u shares to avoid if overbought (mainly people no knowledge) Bro Michael(with ang pow picture) in FB. Charging rm 150 per month. Go to see how many follower then u know i good or not.now 125 followers;5540 above comments. Many had more comments but less followers.go to see michael kwok in ptrb and ceg stocks.click the name will see got over 125 followers.
07/09/2023 12:19 AM
TrendGuyComparing Yenher to Rhone Ma, is a hard choice
02/01/2024 9:49 PM
Peace99I have confidence in rhonema Dr Ban and company made up of doctors....think at this price good opportunity to top up