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

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pobox
post Nov 30 2023, 10:22 AM

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Now Inside Scoop and Sinwah Aiskrim Potong are abang adik?
giftfre
post Nov 30 2023, 10:22 AM

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Well, in capitalism society , benefit and profit are the most consideration for every judgement and decision making.
soulseeker6187
post Nov 30 2023, 10:23 AM

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QUOTE(Matchy @ Nov 30 2023, 09:49 AM)
and it is not a brand that i heard of. "OEM" brand?
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Got at every 99speedmart.
EdEd
post Nov 30 2023, 10:24 AM

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good deal for both parties

10 years profit masuk pocket terus
blek
post Nov 30 2023, 10:26 AM

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QUOTE(premier239 @ Nov 30 2023, 09:28 AM)
user posted image

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RM1 product also able to hit 20mil revenues!!!!!!
Matchy
post Nov 30 2023, 10:28 AM

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RM20,000,000 / 365 = RM55k per day.

Assuming they selling it at RM2 each, they need to sell 55k potong everyday.
a_dot_el
post Nov 30 2023, 10:33 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.
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Believed the real margin is much higher. Afterall it's just water, sugar and flavoring.
United Rulez
post Nov 30 2023, 10:34 AM

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"Sinwah ni halal ke tak halal ni? Boikot Farm Fresh"
dawnreaver
post Nov 30 2023, 10:35 AM

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Welp it's gonna be RM2.50 now. icon_question.gif
MR_alien
post Nov 30 2023, 10:35 AM

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QUOTE(sykz @ Nov 30 2023, 10:03 AM)
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.
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desa rather make and sell their own than buy up ice-cream companies
ceras
post Nov 30 2023, 10:39 AM

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sinwah take the money and go startup another brand to compete..... then sell to another water fish..... that's how you actually make real money
Knnbuccb
post Nov 30 2023, 10:40 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.
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I'm surprised I see electronics industry revenue so big but gross profit so little. I'm like... wtf.. what if something screw up then it means loss a lot? Example if u sell something for rm1 and u untung only 5 sen. If that rm1 thing u screw it up like a bad batch, then it means u rugi 95 sen and have to sell so many more to get back that rugi money.

This post has been edited by Knnbuccb: Nov 30 2023, 10:40 AM
Knnbuccb
post Nov 30 2023, 10:41 AM

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QUOTE(United Rulez @ Nov 30 2023, 10:34 AM)
"Sinwah ni halal ke tak halal ni?  Boikot Farm Fresh"
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No worry. See who on the board of director of FF. Sometimes I suspect companies do that ... put a token orange

This post has been edited by Knnbuccb: Nov 30 2023, 10:41 AM
munak991
post Nov 30 2023, 10:41 AM

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QUOTE(ceras @ Nov 30 2023, 10:39 AM)
sinwah take the money and go startup another brand to compete..... then sell to another water fish..... that's how you actually make real money
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I think more like the new gen take the money and cabut Malaysia
Ichibanichi
post Nov 30 2023, 12:07 PM

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QUOTE(Knnbuccb @ Nov 30 2023, 10:40 AM)
I'm surprised I see electronics industry revenue so big but gross profit so little. I'm like... wtf.. what if something screw up then it means loss a lot? Example if u sell something for rm1 and u untung  only 5 sen. If that rm1 thing u screw it up like a bad batch, then it means u rugi 95 sen and have to sell so many more to get back that rugi money.
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electronics industry really harsh with low profit margin but once you built a good reputation, the volumn will make up the profit number.

Once my japanese technical advisor caution me about this electronic industry, the costing have to be done very carefully. He told me one of jap company in Japan miscalculate the cost thus causing them lost 1cent per component. Look small value, but suddenly they received big order in millions of quantities, thus end up guling tikar.
msacras
post Nov 30 2023, 12:13 PM

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QUOTE(Matchy @ Nov 30 2023, 09:49 AM)
and it is not a brand that i heard of. "OEM" brand?
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Never step into 99speedmart?

It’s a staple product at every branch since as I first went 99mart 10+ years ago.

This post has been edited by msacras: Nov 30 2023, 12:17 PM
Matchy
post Nov 30 2023, 12:16 PM

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QUOTE(msacras @ Nov 30 2023, 12:13 PM)
Never step into 99speedmart?
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rarely go to 99speedmart buy ice cream / potong. if potong, normally i buy from pasar.
General_Nic
post Nov 30 2023, 12:23 PM

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QUOTE(giftfre @ 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.
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QUOTE(steevan1000 @ Nov 30 2023, 10:20 AM)
no more cheap ice cream for kids
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QUOTE(dawnreaver @ Nov 30 2023, 10:35 AM)
Welp it's gonna be RM2.50 now.  icon_question.gif
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https://wargabiz.com.my/2023/11/29/farm-fre...ce-cream-range/

"Farm Fresh is strategically entering the ice cream market with a dual-market approach. In the premium segment, consumers can expect high-quality offerings under the well-known Inside Scoop brand where the group acquires majority control of Inside Scoop for RM83.90 million. Simultaneously, the general market will see the launch of budget-friendly ice creams, priced below RM2, under the Farm Fresh and Sin Wah brands."

This post has been edited by General_Nic: Nov 30 2023, 12:23 PM
poco loco
post Nov 30 2023, 12:30 PM

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nagka and strawbeery haven try yet
sykz
post Nov 30 2023, 02:39 PM

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QUOTE(giftfre @ Nov 30 2023, 11:08 AM)
I doubt it. Biz is biz, so each time new menu come out together with new pricing. Mark my word.
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No need mark, will increase but they will have better margin due the integration or corporate wording, synergize.

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