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 FarmFresh acquire famous Ice-cream potong company, pe 13, acquired 70%

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TSpremier239
post Nov 30 2023, 09:28 AM, updated 3y ago

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This post has been edited by premier239: Nov 30 2023, 09:50 AM
drug5
post Nov 30 2023, 09:31 AM

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Damn ice cream potong can get 20m revenue. Really unexpected since not in the industry
Ichibanichi
post Nov 30 2023, 09:48 AM

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QUOTE(drug5 @ Nov 30 2023, 09:31 AM)
Damn ice cream potong can get 20m revenue. Really unexpected since not in the industry
*
If it is establish product and brand, it can sell well.
More interesting is the product gross profit margin can reach ~about 36%.
Consider very good for food product category.
Matchy
post Nov 30 2023, 09:49 AM

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QUOTE(drug5 @ Nov 30 2023, 09:31 AM)
Damn ice cream potong can get 20m revenue. Really unexpected since not in the industry
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and it is not a brand that i heard of. "OEM" brand?
acbc
post Nov 30 2023, 09:49 AM

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Ice cream is just water, sugar and milk. Highly profitable.
Mixo Mania
post Nov 30 2023, 09:50 AM

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QUOTE(Ichibanichi @ Nov 30 2023, 09:48 AM)
If it is establish product and brand, it can sell well.
More interesting is the product gross profit margin can reach ~about 36%.
Consider very good for food product category.
*
Highly perishable goods always have better margin. In return they need to manage their stock better to prevent high write offs
MR_alien
post Nov 30 2023, 09:51 AM

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farm fresh keep buying up ice-cream company
h@ksam
post Nov 30 2023, 09:51 AM

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better buy than inside scoop

sinwah supplies to all 99
Mixo Mania
post Nov 30 2023, 09:54 AM

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QUOTE(MR_alien @ Nov 30 2023, 09:51 AM)
farm fresh keep buying up ice-cream company
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U need dairy to produce ice cream.

Make sense they want to consolidate as much layers of supply chain possible.

Much better than random companies pivoting to unrelated industry like Mah Sing doing gloves.
ClericKilla
post Nov 30 2023, 09:54 AM

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Power. So I have been contributing to their 20m rev.

It's really cheap ice cream
potatolala
post Nov 30 2023, 09:55 AM

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Aiskrim potong red bean is the best
giftfre
post Nov 30 2023, 09:57 AM

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Shit, Fcuk, Not more RM1.1 ice cream potong if Farm Fresh bought it over.
Give back affordable Ice cream to kids. Dah la budak baru bawa RM2 duit poket ke sekolah je.
miromiro
post Nov 30 2023, 10:00 AM

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They have inside scoop also right?
sykz
post Nov 30 2023, 10:03 AM

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QUOTE(Matchy @ Nov 30 2023, 10:49 AM)
and it is not a brand that i heard of. "OEM" brand?
*
Famous in Sabah I think or its not. Those tourist buy in bulk when tourism was on high wind especially China tourist.

Sorry, wrong brand. Sabah one is Taluwang. See who faster, Desa milk or farm fresh buy them first.

This post has been edited by sykz: Nov 30 2023, 10:07 AM
sykz
post Nov 30 2023, 10:05 AM

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QUOTE(giftfre @ Nov 30 2023, 10:57 AM)
» Click to show Spoiler - click again to hide... «


Shit, Fcuk, Not more RM1.1 ice cream potong if Farm Fresh bought it over.
Give back affordable Ice cream to kids. Dah la budak baru bawa RM2 duit poket ke sekolah je.
*
Vertical line integration. Should be cheaper cost but looking at their corporate, 10 sen up would generate more revenue and margin.
ericcheng2021
post Nov 30 2023, 10:06 AM

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QUOTE(acbc @ Nov 30 2023, 09:49 AM)
Ice cream is just water, sugar and milk. Highly profitable.
*
now the milk can use farmfresh milk, will it taste even better ?
marfccy
post Nov 30 2023, 10:06 AM

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QUOTE(drug5 @ Nov 30 2023, 09:31 AM)
Damn ice cream potong can get 20m revenue. Really unexpected since not in the industry
*
i mean is it surprising if you see Nestle selling FMCG stuff also can be billions of dollar company? hmm.gif
giftfre
post Nov 30 2023, 10:08 AM

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QUOTE(sykz @ Nov 30 2023, 10:05 AM)
Vertical line integration. Should be cheaper cost but looking at their corporate, 10 sen up would generate more revenue and margin.
*
I doubt it. Biz is biz, so each time new menu come out together with new pricing. Mark my word.
yhtan
post Nov 30 2023, 10:15 AM

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Farm fresh buy Sin Wah not only for their ice cream potong brand, more like buying their whole cold chain supply, which they can utilize it on inside scoop
steevan1000
post Nov 30 2023, 10:20 AM

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no more cheap ice cream for kids

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