Quick take: Berjaya Food stock down despite profit

14 Jun 2019 - The Star Online
KUALA LUMPUR: Berjaya Food Bhd (BFood) stock is down 3% despite a positive fourth quarter ended April 30, 2019 earnings report. The food and beverage group fell 3.39%, or six sen to RM1.71. Year-to-date, the counter has gained some 22%. It is currently trading at a PE ratio of about 24 times. BFood’s ...
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CIMB Research retains Add for Berjaya Food, TP RM2.23

14 Jun 2019 - The Star Online
KUALA LUMPUR: CIMB Equities Research is retaining its Add rating for Berjaya Food with an unchanged target price of RM2.23 after the release of its full year results. It said on Monday the 12MFY6/19 core net profit of RM28.1mil was broadly in line with its and consensus estimates. (FYE19 from April to ...
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Quick take: Berjaya Food shares up 8% after strong earnings report

15 Mar 2019 - The Star Online
KUALA LUMPUR: Shares of Berjaya Food Bhd (BFood) rose 8% in early trade following its third quarter results, wherein the bottom line surpassed analysts’ expectations. One of the top gainers on Bursa Malaysia, BFood rose 7.95%, or 12 sen to RM1.63.
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Berjaya Food 9M core net profit ahead of forecast

15 Mar 2019 - The Star Online
KUALA LUMPUR: Berjaya Food 's core net profit for the nine months ended Jan 31, 2018 (9MFY4/19) of RM22.3mil was ahead of expectations, at 89% of CIMB Equities Research and 85% of Bloomberg consensus full-year estimates. The research house said on Friday the strong 41.9% on-year growth in 9MFY4/19 core ...
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CIMB Research retains neutral on beverages

11 Mar 2019 - The Star Online
KUALA LUMPUR: CIMB Equities Research is retaining its Neutral outlook on beverages while its top picks are Berjaya Food and Power Root. It said on Monday the implementation of levy on sugary ready-to-drink beverages in Malaysia will be delayed by three months to July 1, 2019 from April 1 previously.
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Berjaya Food sees potential growth on Starbucks expansion

31 Jan 2019 - The Star Online
KUALA LUMPUR: Berjaya Food Bhd is expected to see better times with earnings growth of 86% for FY19F, says AmInvestment research. In a research note, AmInvestment maintained its buy call on Berjaya Food with a slightly higher fair value of RM2.03 a share from RM2.01 previously.
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AmInvest Research lists Berjaya Food, Mynews, Power Root top picks

7 Jan 2019 - The Star Online
KUALA LUMPUR: AmInvestment Research is retaining its overweight call on the consumer sector as it expects consumer sentiment to remain healthy with Berjaya Food , Mynews, Power Root as its top picks. It said on Monday the recent consumer-friendly initiatives such as the reintroduction of petrol subsidy, ...
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Berjaya Food rises 3% after strong earnings report

6 Dec 2018 - The Star Online
KUALA LUMPUR: Berjaya Food Bhd rose 3% in early trade Thursday following a strong earnings report. The food and beverage company gained four sen, or 3% to RM1.37. Berjaya Food’s net profit grew 21% year-on-year in its second quarter ended Oct 31, 2018 (2QFY19), to RM7.03mil from RM5.81mil, on higher ...
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Berjaya Food upgraded to Buy from Neutral

19 Sep 2018 - The Star Online
KUALA LUMPUR: RHB Research said Berjaya Food Bhd’s risk-reward dynamics has turned more favourable, as it believes its shares have more than priced-in the inconsistent earnings delivery and the downside risks from Kenny Rogers Roasters Malaysia (KRRM). It said on Wednesday that the group was fundamentally ...
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Berjaya Food shares fall 1.2% despite profit return

22 Jun 2018 - The Star Online
KUALA LUMPUR: Berjaya Food Bhd’s share price edges lower despite returning to the black in the fourth quarter ended April 30 on Starbucks boost. The counter fell 1.2%, or two sen to RM1.64. Berjaya Food returned to the black in the fourth quarter driven by sales of its Starbucks outlets and the disposal ...
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