Posted by Income > 2023-04-05 23:00 | Report Abuse

https://youtube.com/shorts/IrQiZwZBZ-c?feature=share
You never know how it is going to affect your life…

Posted by Up_down > 2023-04-06 07:57 | Report Abuse

Zzprozaz. The new machine speed is definitely much higher than the output of the old junk 10 years ago.
" new machinery line in 2021 was made primarily to benefit from new
technology's ability to save energy while also increasing output."

Posted by Up_down > 2023-04-06 16:38 | Report Abuse

zprozaz. I don't know what are the main reasons behind surged in Turnover over the past 2 quarters. Is there any new product launching or venturing into new market besides one off restocking as what you said. I agreed that turnover of OFI & HupSeng have returned to pre-covid level after comparing with the past 5 years. On the other side, Apollo's turnover is rather different as shown below.

Turnover - Apollo
FY 2023 - 197m (9 months)
FY 2022 - 188m
FY 2021 - 190m
FY 2020 - 175m
FY 2019 - 189m
FY 2018 - 191m

Turnover - HupSeng
2022 - 318m
2021 - 296m
2020 - 327m
2019 - 310m
2018 - 307m

Turnover - OFI
2022 - 288m
2021 - 296m
2020 - 267m
2019 - 287m
2018 - 288m

Turnover - HupSeng
2022 - 318m
2021 - 296m
2020 - 327m
2019 - 310m
2018 - 307m

Posted by Up_down > 2023-04-06 16:41 | Report Abuse

Link for Apollo AGM minutes 2021
http://www.apollofood.com.my/27AGM/Key%20Matters%20AGM%202021%20-%20Appendix%20A.pdf

Posted by Up_down > 2023-04-06 16:47 | Report Abuse

zzprozaz. Google " apollo food agm 2021 minutes ". hihi

Posted by Up_down > 2023-04-06 16:55 | Report Abuse

Normalized? Apollo is going to deliver turnover 20% to 30% higher than pre-covid level for FY 2023 (FY Apr 23). I don't know. May be you are right.

Posted by Up_down > 2023-04-06 22:20 | Report Abuse

Zzprozaz. We both using the different basis to make a projection of potential turnover in the next 2 quarters. I am using the quarterly turnover and inventory to see the trend and the relationship or if there is any strong correlation over the past 7 years. It seems there is something change apparently since 2022. Quarterly turnover was relatively stable trending downward over the last few years.

Posted by Up_down > 2023-04-06 22:45 | Report Abuse

Distributors and big retailers were suddenly built up 40% more of end consumer products in 2 consecutive quarters. It is rather unusual practice. Why were they being so rush...afraid of increasing selling prices? That's what we normally see in commodity products. If the turnover was suddenly surged with merely 1 quarter then it could be a stock repleshment

Posted by Up_down > 2023-04-07 10:59 | Report Abuse

Global hike energy costs would make Malaysia consumer products more competitive in the market since domestic industries are subsidized directly or indirectly. I don't have any export sales of Apollo but OFI's export sales surged continuously for the last 3 quarters.

Posted by Up_down > 2023-04-07 11:58 | Report Abuse

People know the electricity tariff hike already. How's the impact is dependent on the industry. Heavy industry is expected to be suffered more. See how much the impact to OFI and HupSeng in its quarterly report next month.

Posted by Up_down > 2023-04-07 12:07 | Report Abuse

Increase in electricity tariff will certainly have a negative impact to the bottom line of the Malaysia confectionery industry. Energy hike is a global issues and Malaysia has been heavily subsidied the local industry. Go to compare the electricity tariff in Asia

Posted by Up_down > 2023-04-07 12:35 | Report Abuse

Energy costs doesn't restricted to electricity. You see the prices of petrol, diesel, lpg and natural gas...you can make a comparison between Malaysia and the Asia countries. See how much differences. In fact, confectionery factory use more natural gas if it's available in the industrial park.

Posted by teknikal > 2023-04-12 08:47 | Report Abuse

Technical outlook still uptrend above all Moving Average 20, 50 and 200.

Close Price: 4.05

MA20: 4.00
MA50: 4.01
MA200: 3.83

Posted by KingKKK > 2023-04-14 09:09 | Report Abuse

Stable dividend payer

Posted by Attaaaaaack > 2023-05-15 16:17 | Report Abuse

Down to 3.6 I buy:)

Posted by goldenhope > 2023-05-16 09:53 | Report Abuse

Raw material palm oil price drop but cocoa price increased significantly past 2 months.

Posted by sheldon > 2 months ago | Report Abuse

Good performance. This co is doing fairly well due to good honest management and some luck

Posted by donald770 > 2 months ago | Report Abuse

The co plans to sell land worth 38m n for such a small Co it is good news.

Posted by DividendGuy67 > 1 month ago | Report Abuse

This company generates cash, and shares that with its shareholders consistently every year. I think we've seen the worst dividends (20 sen) in 2019-2020. It now pays 25 sen. The dividend yield = 25 sen / 4.27 ~ 5.9% which is solid. This stock is better bought on the dip. Its dividend payout ratio is very sustainable, as it earns around 40 sen. It also has over RM1 equivalent in Net Cash, so, it can keep paying out high dividends from both its cash chest and its yearly profits. This stock pays better than EPF. I would buy the dips, and not chase as the dividend yield is higher when its price is low.

Posted by sheldon > 1 month ago | Report Abuse

Some share goreng taking place ah? Amanah Saham is selling like mad. Wonder what's happening

Posted by sheldon > 1 month ago | Report Abuse

Despite Amanah selling in gobs, price climbing quite steeply. For that to happen, Demand > Supply.

So who's buying?

Posted by DividendGuy67 > 1 month ago | Report Abuse

Looks like it want to touch RM5 resistance ... nice price action today to 4.75 or +0.22! Definite overbought, some pullback is inevitable.

Posted by speakup > 1 month ago | Report Abuse

wow this goreng from low of rm2 to high of rm4.75! terkejut i

Posted by DividendGuy67 > 1 month ago | Report Abuse

Past 4 weeks, market panic accumulation. When I bought when price was low, the dividend yield was around 6%. Now it's 4.6% as price increases. I'm now thinking of slowly selling into strength, as the realized gains will be coming to 5 years dividend collection.

Posted by speakup > 1 month ago | Report Abuse

everything a month ago was cheap. cimb bank was only 4.60!

Posted by DividendGuy67 > 1 month ago | Report Abuse

I hope you buy when it was cheap. My discipline forces me to buy when it was cheap.

Posted by sheldon > 1 month ago | Report Abuse

Maybe a takeover is in the cards.

Posted by DividendGuy67 > 1 month ago | Report Abuse

Still climbing the wall of worry. Today stopped at 61.8% Fibonacci projection at 4.85. Next resistance 4.96 or thereabout.

Posted by DividendGuy67 > 2 weeks ago | Report Abuse

Well. Looks like it really got stopped at the 61.8% Fibonacci projection level and consistently fell 4 weeks in a row back to 4.4. You got to respect the 61.8% for sure.

Posted by donald770 > 2 weeks ago | Report Abuse

Q report is ok. Just want to know from u , gentlemen whether we are entitled two dividends at the same time.The total dividends is 35 cts. Thanks

Posted by sheldon > 2 weeks ago | Report Abuse

Yes yes total dividends = 35 sen per share. They've done it in the past i.e. dividends declared on 2 separate dates but going ex and payment on the same date.

I'm deep out of the money sitting on large capital loss but slowly and surely recovering from the generous dividends.

I love this management!

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Let's eat more apollo, it is going to break RM5 very soon, haha

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

Take profits run loh !

Posted by donald770 > 1 week ago | Report Abuse

With 35cts dividends,it translate Apollo give 7.4 per cent dividends. If it can maintain this dividends it is due for rerating. There is one good news which is it's sale of land which is about 38m

Posted by NatsukoMishima > 1 week ago | Report Abuse

See money take money loh ! The cost will be higher higher n profit margin will drop !

Posted by pang72 > 1 week ago | Report Abuse

Market still prefer high dividend yield stock...with 35c dividend at 4.96 giving 7% dividend yield.

Posted by sheldon > 1 week ago | Report Abuse

This co only has 80m shares in issue. So it's rare.

Posted by hhhiii123 > 6 days ago | Report Abuse

I am going to eat Apollo everyday, wakakaka

Posted by Casino123 > 4 days ago | Report Abuse

Fair value how much?

Posted by donald770 > 4 days ago | Report Abuse

My guess is giving it a dividends of 6 per cent it's target price is 5.8. Short term l may its target around 5.3. Your

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 4 days ago | Report Abuse

YEAR .. DPS(SEN) .. EPS(SEN) .. YEPX
2009 .. 11.25 .. 26.15 .. 2.78
2010 .. 15 .. 25.6 .. 3.01
2011 .. 19.25 .. 22.32 .. 2.87
2012 .. 20 .. 27.18 .. 3.29
2013 .. 20 .. 40.1 .. 4.7
2014 .. 25 .. 41.84 .. 4.4
2015 .. 25 .. 33.95 .. 5.71
2016 .. 25 .. 33.32 .. 5.24
2017 .. 30 .. 18.42 .. 4.45
2018 .. 25 .. 14.18 .. 3.63
2019 .. 20 .. 22.13 .. 3.6
2020 .. 20 .. 17.25 .. 3.78
2021 .. 30 .. 19.11 .. 3.62
2022 .. 50 .. 13.31 .. 3.86
2023 .. 35.00E .. 39.02P .. 5.14

*Cumulative 14 years (sen) 2009 to 2022
*Total cum. EPS 354.86
*Total cum. DPS 335.5
Tot Retain Earns 19.36
DPO Ratio 94.5%

For every $1 earnings retained, we expect company to deliver $1 increment in share price.
For the amount retained of 0.19 , its share price has gained or lost 2.36

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 4 days ago | Report Abuse

At the current price of RM 5.14 per share, it is trading at a
PER = 13.53E and DY = 6.81E


Trading at fair price.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 4 days ago | Report Abuse

Earnings appear cyclical.
Its EPSs were higher in the years 2009 to 2016 compared to the years 2017 to 2022.
Its PERs similarly was cyclical, were lower in the years 2009 to 2016 (PE ranged 10.6 to 15.7) compared to the years 2017 to 2022 (PE ranged from 21.9 to 29.0).

The company has been profitable during this period. Its earnings over these years were essentially flat.
It has been generous in paying 94.5% of its earnings as dividends. Its dividend yield at its various prices ranged from a low of 5.93% to 9.02%.

How to benefit from investing in this stock long term?
Not much growth over the long term. Essentially for income (its dividends).

As usual do not buy when its price is "high". When is its price high and when is it low?
2 methods can be used:
1. Buy when its EPS is at the lowest and its PE is near the highest. This usually corresponds to low price.
2. Buy when its DY is at the upper end of its DY. This also reflects that it is priced low.

Posted by goldenhope > 4 days ago | Report Abuse

today up 30 sen

Posted by goldmanbull > 3 days ago | Report Abuse

Hi investors, what is the investment angle for Apollo? Any growth or interesting story by management?

Posted by sheldon > 3 days ago | Report Abuse

This is a moment to be treasured. A pleasant celebratory feeling. Never mind if it's only for a fleeting moment. At least we've experienced it.

Posted by hhhiii123 > 3 days ago | Report Abuse

obviously big shark is pushing the price, let's see how far it can push before ex-date, 100% uptrend is possible, wakakaka

Posted by heesing62 > 3 days ago | Report Abuse

I believe this counter undervalue looking at their yearly profit and dividend payout. Moreover they have more than RM100m in cash/bank and no borrowing…..

Posted by NatsukoMishima > 3 days ago | Report Abuse

It s time to take profits before cut vege by banker !

Posted by sheldon > 1 day ago | Report Abuse

I was thinking of taking profit as well but it's tempered with the following considerations:
a) the impending generous dividend &
b) the massive inflation that has eroded our MYR (despite what BNM or Govt says) which makes the Apollo shares cheap in real terms

Let me know your thoughts about the above.