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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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» 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.
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)
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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.
*
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
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?
*
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)
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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.
*
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.
*
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.
*
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
*
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.
*
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?
*
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)
» 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.
*
QUOTE(steevan1000 @ Nov 30 2023, 10:20 AM)
no more cheap ice cream for kids
*
QUOTE(dawnreaver @ Nov 30 2023, 10:35 AM)
Welp it's gonna be RM2.50 now.  icon_question.gif
*
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.
*
No need mark, will increase but they will have better margin due the integration or corporate wording, synergize.
iGamer
post Nov 30 2023, 02:43 PM

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QUOTE(acbc @ Nov 30 2023, 09:49 AM)
Ice cream is just water, sugar and milk. Highly profitable.
*
most cheap ice cream don't have or use very little milk, mostly replaced by cheap plant based creamer.
dawnreaver
post Nov 30 2023, 03:33 PM

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QUOTE(General_Nic @ Nov 30 2023, 12:23 PM)
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."
*
RM1.99. icon_rolleyes.gif

 

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