pang72

Epf still got 6.5mils to sell

2 months ago

pang72

Ang mo will not privatisate the company.. No way

2 months ago

pang72

Drop to rm10 possible higher than privatisation...

2 months ago

troy88

Price should be around RM10+ like BAT. BAT should be the price of Dlady around RM20.

2 months ago

Felix888

BAT DY 8.45%
Dlady 2.33%

With the low profit margin it is hard to give good dividend.

2 months ago

NatsukoMishima

This lady just like TNB hold longer loss bigger , must shun away this kind of stock !

2 months ago

pang72

Epf 6.5mils selling can easily hit rm10

2 months ago

smallrail

EPF keep SELL, short term no look good.

2 months ago

pang72

HAPSENG from 8 to 4...
You think cheap it crash to 3..IB target rm2..

DLADY crash from 40 to 20...
You think cheap... It will go rm10...

Let's see... Don't against epf selling if you are bilis...

2 months ago

pang72

Go store buy dlady milk drink and throw.. Cost you rm10..

Buy dlady 1000 shares at rm40000 drop to rm20000..
You rugi rm20000 equivalent to 2000 kotak dlady milk for donkeys years

2 months ago

calvintaneng

Why dlady will fall further ?

Answer: it has no moat or edge like nestle

at least nestle got Milo (captures 95% of beverage market while dlady losing market share to many others like fernleaf, f&n, good day milk and others )

it is not cost effective like Ikea or Walmart which buy from source at lowest price and sell full at retail) dlady sources it's milk from 3rd parties and middle men at higher cost (now it eats into its profits )

no moat, no edge, no margin of safety and so?

so must suffer from profit erosion and more market share to competitors

Sure and steady decline the longer any one holds

get out faster better

2 months ago

dam82

Careful they will be more write off in future .:.be patience and collect later now reserve cash …

2 months ago

troy88

luckily I sold off this declining giant a few years ago with profit above RM45. It's heading to below RM20 very fast if it cannot turn around it's business

2 months ago

calvintaneng

Very difficult to turn around due to these factors

1. Dlady does not have a low production cost base as it outsources its milk supply from 3rd party

2. High feed cost for cows in turn create higher cost of milk production

3. Minimum wage raised in farms from Rm1000 to Rm1500 for foreign labour and for locals wages gone up from Rm1300 to Rm2200 cause even higher cost of production

4. UNLIKE NESTLE WHICH CAN RAISE ITS MILO PRICES AND PSSS ON COST TO CONSUMERS DLADY CANNOT AS IT HAS LOTS OF COMPETITORS OUT THERE

SO WHILE MASSED GOT ONLY ONE MILO (QUITE ADDICTIVE TASTE WHICH IS HARD TO REPLACE) PEOPLE CAN SWITCH FROM DLADY TO FEENLEAF MILK (CHEAPER AND TASTE BETTER)

SO DLADY IS FACING LOTS OF DISADVANTAGES IN A WORLD OF FIERCE COMPETITIONS

END RESULT:

LONG TERM DECLINE BACK TO RM4.00 WHERE IT FIRST STARTED

WHAT SHOULD BE DONE:

"HE WHO FIGHTS AND RUN AWAY WILL LIVE TO FIGHT ANOTHER DAY"

OR ELSE?

PREPARE TO END LIKE POLAROID, KODAK OR RANK XEROX

2 months ago

calvintaneng

These are Superior either in Taste, Value and Price

1. Fernleaf Milk from New Zealand

2. Magnolia Chocolate Milk

3. Marigold Full cream milk

4. Anlene gold 50s Milk

5. Ensure Milk formula for Seniors

6. S26 Infant milk formula

2 months ago

Felix888

Are you crazy uncle?

2 months ago

fortunefire

nowadays i drink air swarm more than milk

2 months ago

troy88

Looks like support quite strong to stop it from going below RM20..

2 months ago

dam82

https://www.frieslandcampina.com/news/frieslandcampina-half-year-results-2023/ see this articale will provide summary of the health of the the company for now

2 months ago

calvintaneng

With deteriorating fundamental Epf is selling and selling out Dlady everyday to get out

Just like Epf sold off all Serba shares and no longer in Serba before it closed shop

2 months ago

calvintaneng

SHOULD HAVE SOLD DLADY AT RM27.00

NOW BETTER SELL AND DON'T LOOK BACK

OR ELSE WHEN IT SINK BELOW RM20 YOUR HEART WILL ALSO SINK DOWN

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-03-12-story-h-276217900-TSH_RESOURCES_9059_Now_Rm1_07_Versus_DUTCH_LADY_3062_Now_Rm27_10_Compar

2 months ago

speakup

Dlady PE 40x
Farm Fresh PE 43x
why is Farm Fresh trading at a higher valuation than Dlady? Tak masuk akal

2 months ago

dam82

this is just short term setback ... prospect will be better once the new factory starts same as Aji now the question is at which price we can collect ...

2 months ago

Pinky

@calvintan while I'm also a palm oil stock fan, u dun have to promote palm oil stocks at non-related forum topics. It's not nice and annoying

2 months ago

speakup

malaysian semua suka palm oil
only orang puteh benci palm oil cos it compete against their soya oil

2 months ago

dam82

DLADY is not a local Company ..... they investigating more than +500Million do you think its all for malaysia market ...this is not MSM where they just build factory without having even thinking bout demand ... indeed its in bad shape but again question is how low one want to buy thats it .

2 months ago

dam82

palm oil vs Milk very difference industry ... you go plant based no matter what majority will still drink milk ...and again dlady milk all coming from netherlands as well ..anyway i will keep on eye on this if touch below 19 sure will collect some

2 months ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Milk powder price sinks to three-year low as dairy demand wanes
By Tracy Withers / Bloomberg
02 Aug 2023, 06:42 am

main news image
(Aug 2): Whole milk powder auction prices have slumped to a three-year low amid signs that demand for dairy products is waning.

The average price for whole milk powder fell to US$2,864 a ton at the GlobalDairyTrade auction overnight, the lowest since June 2020. The weighted index for whole milk powder dropped 8% from the previous auction, while the index for all dairy products declined 4.3%.

Prices have tumbled almost 40% from a record US$4,757 in March 2022 as a weak Chinese economy damps demand at the same time as producers are boosting output. The decline suggests that New Zealand-based Fonterra Cooperative Group, the world’s largest dairy exporter, will reduce payments to its local suppliers this year.


Last week, Westpac New Zealand senior economist Nathan Penny said the ongoing sluggishness of the Chinese economy meant a downtrend in global dairy prices had been sustained much longer than expected.

Penny cut his projection for Fonterra’s milk price for the current season to NZ$7.80 per kilogram of milksolids from his previous forecast of NZ$8.90.

Fonterra has signaled it will pay NZ$8.20 for the previous season.

1 month ago

speakup

so Dutch Lady, Nestle, Farm Fresh must reduce price of their products! Jangan Tipu Rakyat!

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Profit margins and earnings can be projected to rise in later quarters.

1 month ago

lee901

New factory causing a big problem to dlady now. Sell.

1 month ago

calvintaneng

This dumb dinosaur 3iii stuck with this dumblady at Rm72 in year 2018 till now at Rm21.46 still clinging to a false hope ?

Better wake up

1 month ago

Dehcomic01

Historically the company delivered > 50% ROE. Last year was a bad one with 12%. But at 12% it is much better than most Bursa companies. The question is whether you believe that the business fundamentals has changed so that the historical performance is no longer valid or whether last year was an anomaly.

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Financial Qtr ending 30.6.2023

Demand for milk remains strong. Operating profit increased due to softening of dairy raw materials, but negatively impacted by weak Malaysian ringgit currency. The global dairy prices remain historically at high levels, but are expected to soften further in the remainder of 2023.

Over the long term, the outlook for DLMI remains cautiously optimistic due to the
strength of our brands, and the increasing need for and recognition of the goodness
and nutritional value of milk amongst Malaysians. The Company will continue to
support the local dairy farmers and increase the quantity and quality of local fresh
milk.

1 month ago

dam82

be careful their factory is yet to see a light .. not sure how much depreciation they will do soon .. will watch for now ....

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

The milk commodity price has fallen from May 2022 (US 25/CWT) to July 2023 (US 14/CWT).

Recent weakness of Malaysian ringgit affects its profits adversely.

DLady is still able to grow its top line revenue y-o-y.

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Dutch Lady: Focuses on cash flow management amid challenging market . Dutch Lady Milk Industries (DLMI) will continue to strictly manage its cash flow to steer the company in a tough market and manage internal financing for the new facility construction in Bandar Enstek, according to MD Ramjeet Kaur Virik. DLMI is investing RM540m in the new world-class manufacturing plant under construction in Bandar Enstek. The manufacturing plant will be fully operational within the course of 2024. (StarBiz)

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Improved margins ahead. We expect a stronger 2H in terms of sales, especially in 4Q due to seasonality. DLADY is also poised for improved margins given the softening soft commodity prices.

We like DLADY for: (i) its resilient top line underpinned by steady demand for staple food items despite an uncertain global economic outlook, (ii) the upside potential of its margins (beyond FY23) given the softening food commodity prices, (iii) its strong brand recognition and increasing awareness of the nutritional value of dairy products.

Kenanga

1 month ago

CharlieM

Here are some interesting data:
- Market Cap: 1.4b
- Revenue (2022): 1.33b, revenue almost matches market cap.
- Debt: Almost none, 14m (negligible )
- New factory: 540m (internal financing, no loan)
- Margin improving as raw materials price start coming down from pandemic high.

3 weeks ago

lee901

If good......why epf selling?

3 weeks ago

CharlieM

Raw materials price skyrocketed during pandemic causing margin to shrink. Recently, raw materials price started coming down, combined with previous cost efficiency efforts and increased in products pricing, the margin is improving.

Currently the stock trades at 16x FY24F PE, according to BIMB Research.

3 weeks ago

alibiii

epf always buy high sell low

3 weeks ago

CharlieM

Kenanga: Consumer staples offer topline defensiveness as food commodity prices ease

KUALA LUMPUR (Sept 6): Consumer staples sectors, specifically food and beverage (F&B) players, may offer more defensive investment opportunities with potential margin improvement due to easing food commodity prices, said Kenanga Research.
Notwithstanding that, the research house anticipates a steady uptick in consumer spending post the conclusion of the recent six state elections and extending into the fourth quarter of the year, bolstered by the government's accelerated implementation of policy initiatives.
“Additionally, the traditional year-end festive and shopping season is likely to provide a boost to market sentiment. Our outlook is further supported by a stable job market and indications that inflation has reached its peak,” said Kenanga in a note on Wednesday.

The research house said it favours Dutch Lady Milk Industries Bhd (‘outperform’, target price [TP]: RM27) due to its resilient top line underpinned by steady demand for staple food items despite an uncertain global economic outlook, the upside potential of its margins given the softening food commodity prices, and its strong brand recognition and increasing awareness of the nutritional value of dairy products..
https://theedgemalaysia.com/node/681472

3 weeks ago

Up_down

Material purchased is getting cheaper from the quarterly related party transactions and gross profit margin on the way back normal level. This is another turnaround play.

5 days ago

CharlieM

New factory 2x production capability, upgradable to 4x.. possible for regional production hub.. if buy need to hold 1-3 year..

5 days ago

Up_down

Aji had made a strong comeback with returning of better gross margin. Dlady could be the next.

4 days ago

Kevin Tam

It looks like many come here to talk craps than giving meaningful comments. Integrity intelligent 's view is more rational than Calvintan . Dutchlady has lower quarterly profit in last 2-3 quarters but when the new plant start to operate, should be able to deliver better profit level n at the same time, I feel farmfresh is not a good choice for those want to invest in consumer product counters due to low profit level plus rich valuation.

3 days ago

Nepo

It seems bottom has reached
buy in @ RM22.58

2 days ago

lee901

Epf non stop selling...better b careful....something wrong

2 days ago

CharlieM

Our top picks for the sector are:
• DLADY (OP, TP: RM27.00) for: (i) its resilient top line driven by the steady demand for staple food products, even amid the global economic uncertainties, (ii) the prospective growth in its margins from FY23 onwards due to falling food commodity prices, and (iii) its well-established brand and the escalating recognition of the nutritional advantages of its dairy products.

Source: Kenanga Research - 27 Sept 2023

21 hours ago