Stock symbol: SWKPLNT Stock code: 5135 Share price: RM2.98 (18 Feb 2022 closing price) Shares outstanding: 279.03mil Market cap: RM831.5mil A rising tide lifts all boats... but which is the best boat to ride in? It's almost been a year since my last write up on Sarawak Plantation Bhd / SWKPLNT (5135). Including dividends, the stock has since returned 57% (up to 18 Feb closing price). I thought it would be good to do a quick write up to clarify my own thoughts. First of all, what are the major themes in the stock market now? Two definite ones are: (1) Surging inflation (2) Rotation from growth to value stocks Given (1) and (2), SWKPLNT seems to be in a sweet spot . .. Inflation Research shows that commodity and commodity stocks outperform during inflationary periods. Within the commodity space, crude palm oil (CPO) have been performing wonderfully and prices are expected to remain elevated driven by strong fundamental factors Foreign brokers are turning bullish while some local bro
Focus Point (0157) – A strong recovery stock riding on the success of FamilyMart and MORE Most people think Focus Point (FocusP) is a boring stock with an optical business. They’re wrong… FocusP is the next F&B growth stock to keep an eye on. FocusP F&B business can be categorised into two divisions: 1. Komugi bakery outlets 2. Komugi corporate sales Investors need to focus on Komugi corporate sales division as this will be the growth driver. FocusP struck gold after its Komugi central kitchen was certified Halal in Jan 2018. Since then, it has scored big with corporate customers like FamilyMart . And there will be more big corporate customers soon once the new central kitchen starts in Dec 2020. Many are unaware that several hot selling delicious goodies on FamilyMart’s shelves are made and supplied by Komugi . Just check the label and you will see that they are manufactured by Multiple Reward Sdn Bhd (which is 100% owned by Focus Point ). Sales to Famil
This is an update to my first Focus Point post (click here to view). There is a saying that good things come in pairs. For me, it was two positive events that happened this evening. Bonus issue – creating bullish market sentiment The first was the announcement of the proposed 1 for 2 bonus issue. This was a pleasant surprise as it was just in July last year that a 1 for 3 bonus issue was proposed (and completed in Sep 2019). As most would know, bonus issues usually create positive investor sentiment towards the stock. Macarons – another hot selling goody The second positive event for me today was the discovery that FamilyMart’s newly launched Macarons are made by Focus Point’s 100%-owned Multiple Reward Sdn Bhd and that the macarons sells out very quickly everyday . I went to three FamilyMarts today morning to get my hands on the macarons. But to my surprise they were all sold out at three outlets. When I asked a staff, I was told that
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