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 IPO : Farm Fresh Berhad

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rocketm
post Oct 5 2021, 04:11 PM

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QUOTE(xander83 @ Oct 5 2021, 03:22 PM)
Another crony company and Serba Dinamik in the making  doh.gif
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What do you mean. Besides a government body hold some percentage of share. Farm Fresh does not look like keep having projects and long receivable tenure. But, I would like to know more as I am interested to this company as well.

The actual IPO date is not confirmed yet right?

rocketm
post Oct 6 2021, 12:13 PM

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QUOTE(xander83 @ Oct 6 2021, 03:27 AM)
Firstly it supposedly to be cash cow if runs properly with steady dividends otherwise why on earth Khazanah is cashing out which is ready red flags  doh.gif

Too many negatives as you will know once you buy into their stories company like these especially local consumer discretionary not worth putting your money

If you want companies like these better off putting into banking and oil sectors atm for better growth  doh.gif
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But cash out means they are selling some % of their shares to become money. Not sure who is the new buyer. Then, Khazanah will have less power on FF decision making.

 

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