Food Empire    Last:2.37    -0.1

Food Empire

SBB for yesterday 70 lots @1.04

Encouraging to see Co is buying higher fm open mkt with lesser scripts available.

When a Co do well, share price wl move In tandem especially with such low valuation and room for more upside

A target for TO too

Cheers

hschsc      ( Date: 17-May-2023 19:54) Posted: FE today share buy back 200,000 at $1.026.

 

FE went thru a valley of despair when war broke out last year...

And that situation is more severe than ever when compared to now. But in reality, FE bucked the trend and performed well

FE been expanding regionally and gaining traction with strong sales and their products command premium in pricing with strong demand over supply as cited during their Q1 updates.

SBB is a vote of confidence.

Share price rally is not jus SBB...but also pple looking fwd to their fwd guidance whom FE already gave a positive outlook.

If biz outlook is good, share price wl move fwd in tandem

Cheers

HappyBunny      ( Date: 18-May-2023 15:53) Posted: It?s ? running ? thru share buy backs mostly . BBs unsure if Russian sales will be blocked suddenly or Roubles devalued drastically. msksmsks      ( Date: 18-May-2023 10:39) Posted: It may look lethargic.... But when it start to run, the surge wl be as good as Delfi

 

Food items are not subjected to sanction. 

HappyBunny      ( Date: 18-May-2023 15:53) Posted: It?s ? running ? thru share buy backs mostly . BBs unsure if Russian sales will be blocked suddenly or Roubles devalued drastically. msksmsks      ( Date: 18-May-2023 10:39) Posted: It may look lethargic.... But when it start to run, the surge wl be as good as Delfi

 

It?s ? running ? thru share buy backs mostly . BBs unsure if Russian sales will be blocked suddenly or Roubles devalued drastically.

msksmsks      ( Date: 18-May-2023 10:39) Posted: It may look lethargic.... But when it start to run, the surge wl be as good as Delfi   yau123      ( Date: 18-May-2023 09:56) Posted: But the share price very weak.

 

It may look lethargic....

But when it start to run, the surge wl be as good as Delfi

 

yau123      ( Date: 18-May-2023 09:56) Posted: But the share price very weak.  msksmsks      ( Date: 18-May-2023 09:24) Posted: Indeed. SBB is vote of confidence .... FE already guided a positive outlook and opined that Q2 wl be great too. Share price wl move up in tandem Cheers

 

But the share price very weak. 

msksmsks      ( Date: 18-May-2023 09:24) Posted: Indeed. SBB is vote of confidence .... FE already guided a positive outlook and opined that Q2 wl be great too. Share price wl move up in tandem Cheers   WBdisciple      ( Date: 18-May-2023 08:52) Posted: SSB + Dividends = best for Shareholders

 

Indeed.

SBB is vote of confidence ....

FE already guided a positive outlook and opined that Q2 wl be great too.

Share price wl move up in tandem

Cheers

 

WBdisciple      ( Date: 18-May-2023 08:52) Posted: SSB + Dividends = best for Shareholders

 

Debt ceiling almost settle?
🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀

 

SSB + Dividends = best for Shareholders

 

It's good to see Co embarking SBB

hschsc      ( Date: 17-May-2023 19:54) Posted: FE today share buy back 200,000 at $1.026.

 

FE today share buy back 200,000 at $1.026. 

 

May be ppl switching out to delxx.

 

Now there?s a skill to differentiate the purpose of analyst report. Sometimes buy call means sell, sometimes means buy. Vice versa sell call. Personal experience and stock valuation knowledge matters. But it?s good to test yourself the buy calls of food empire and Delfi to see which one means it. Cheers.

 

buy and once debt ceiling settle...
will be rewarding...cheers

 

Meaning they are running from Empire?

yau123      ( Date: 17-May-2023 09:04) Posted: All upgrade to sell only.  msksmsks      ( Date: 16-May-2023 09:12) Posted: Both UOBKH & RHB had upped their TP of $1.33 & 1.39 respectively while MaybankKE @ $1.29 Wuld expect FE to move fwd in due course Cheers

 

Hahaha. Who' s paying for the research analysts salaries.

yau123      ( Date: 17-May-2023 09:04) Posted: All upgrade to sell only.  msksmsks      ( Date: 16-May-2023 09:12) Posted: Both UOBKH & RHB had upped their TP of $1.33 & 1.39 respectively while MaybankKE @ $1.29 Wuld expect FE to move fwd in due course Cheers

 

Everyone is entitled to their respective news ......

Know what u are investing is important 

Whether is a sell or buy is a personal call...

Who wl be the last one laughting to the bank is yet to know

 

All upgrade to sell only. 

msksmsks      ( Date: 16-May-2023 09:12) Posted: Both UOBKH & RHB had upped their TP of $1.33 & 1.39 respectively while MaybankKE @ $1.29 Wuld expect FE to move fwd in due course Cheers

 

Both UOBKH & RHB had upped their TP of $1.33 & 1.39 respectively
while MaybankKE @ $1.29

Wuld expect FE to move fwd in due course

Cheers

 

Paste the statement fm FE Q1 update

" As demand continues to exceed supply, the group expects to benefit from favourable pricing for our freeze dry products going forward"

Such visibility update is encouraging and wuld expect better Q2 ahead, IMHO