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Food Empire    Last:2.37    -0.1

Food Empire

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msksmsks
    25-Jul-2023 14:33  
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Take this weakness/dip to buy during this blackout period which disallow any SBB
 
 
msksmsks
    19-Jul-2023 11:36  
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Opined yr prayers wl be answered soon...

Selling absorbing well...

FOREVERFREEDOM      ( Date: 19-Jul-2023 11:06) Posted:

When will it fly across 1.20 and stand above it?

 
 
FOREVERFREEDOM
    19-Jul-2023 11:06  
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When will it fly across 1.20 and stand above it?
 

 
msksmsks
    18-Jul-2023 10:58  
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Looking good and absorbing well

Gearing for the next assault
 
 
msksmsks
    14-Jul-2023 16:13  
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Looks strong

May clear 118 and move higher

pcxiao2008      ( Date: 14-Jul-2023 13:08) Posted:

Have to clear 1.18 first.... still holding tight...

yau123      ( Date: 14-Jul-2023 12:10) Posted:

Can see 1.25


 
 
pcxiao2008
    14-Jul-2023 13:08  
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Have to clear 1.18 first.... still holding tight...

yau123      ( Date: 14-Jul-2023 12:10) Posted:

Can see 1.25 ?

msksmsks      ( Date: 14-Jul-2023 11:50) Posted:

Breakout again...

Target $1.2

Delfi wl follow suit 


 

 
yau123
    14-Jul-2023 12:10  
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Can see 1.25 ?

msksmsks      ( Date: 14-Jul-2023 11:50) Posted:

Breakout again...

Target $1.2

Delfi wl follow suit 

 
 
msksmsks
    14-Jul-2023 11:50  
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Breakout again...

Target $1.2

Delfi wl follow suit 
 
 
yau123
    12-Jul-2023 11:56  
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no volume today. 
 
 
msksmsks
    12-Jul-2023 10:45  
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Wl resume uptrend after some profit taking
 

 
pcxiao2008
    11-Jul-2023 13:31  
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finally! see can touch 1.20 later

pcxiao2008      ( Date: 06-Jul-2023 15:01) Posted:

action soon? consolidated quite awhile 

 
 
msksmsks
    11-Jul-2023 13:24  
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Nice.  Broke recent high of $1.13

More to come 
 
 
SmallSmall
    11-Jul-2023 13:22  
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Power sia......Uncharted liao
 
 
msksmsks
    11-Jul-2023 11:49  
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Nice.  cleared $1.10

Next , wl be Delfi' s turn

msksmsks      ( Date: 11-Jul-2023 10:25) Posted:

Looks like wanna burst up soon

 
 
msksmsks
    11-Jul-2023 10:25  
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Looks like wanna burst up soon
 

 
msksmsks
    10-Jul-2023 16:44  
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Poised for more upside move once
1.08 is cleared.

Likely wl retest it' s high of 1.13 and beyond
 
 
msksmsks
    06-Jul-2023 15:19  
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It' s good to see FE consolidating and forming a strong base.

This wl enable a sustainable and stronger rally

 
 
 
pcxiao2008
    06-Jul-2023 15:01  
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action soon? consolidated quite awhile 
 
 
msksmsks
    06-Jul-2023 11:19  
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Once 1.06 is cleared, it' s rather bullish for it to 
escalate higher

msksmsks      ( Date: 05-Jul-2023 16:08) Posted:

Holding well

Poised for further upside

 
 
Joelton
    06-Jul-2023 10:53  
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With growth on track, RHB reiterates ' buy' call and $1.39 for Food Empire
 
RHB' s Alfie Yeo has kept his " buy" call and $1.39 target price on Food Empire Holdings F03 0.97% , on the belief that the company' s growth remains on track in its various existing markets.
 
Yeo is reiterating his earlier call made on March 16. Since then, Food Empire has gained 18% to $1.03, outperforming the wider market.
 
" We do not see significant decline in demand for Food Empire' s food products in Russia despite its recent political developments.
 
" We believe food products will continue to be well distributed and sold in these markets despite the conflict," says Yeo.
 
He expects sales in Russia, Ukraine, Kazakhstan, and CIS segments to continue to perform well, especially with the ongoing brand investment to win market share.
 
Over at southeast Asia, which is the company' s third largest market segment, growth will be generated by demand in Vietnam.
 
" Post COVID-19 normalisation, Vietnam will see increased advertising and promotional activities to drive growth," notes Yeo.
 
While demand for the company' s potato chips will remain strong from private label customers, Food Empire is chalking up new growth by adding capacity to its non-dairy creamer factory, the analyst says.
 
Downside risks include disruption of the company' s operations due to the Russia-Ukraine conflict, as well as volatile forex movements.
 
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