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F&N will touch RM40.... This giant don't move up and down... It moves gradually.. Every move up on the steps... It will sustain before taking next step..
Dividend 50 - 60cents...ok for current environment
Good point. Cimb analysis.... Raise its concern on raw Mat cost impact and how it will effect the revenue.... Well knowing and working for FN few yrs... FN mgt surely has mitigation plan... To manage the raw Mat cost...
I tink soon they going to to MFG own pckg mat... And plant almost ready at bdr Puncak Alam. The recent accusition of RM60mil Nona MFG factory etc... Using internal. Fund as FN has cash in hand rm400mil. It will. Shoot up. Matter of time
U not aware Competition come from CP, Tesco already own by CP become Lotus and CP products range is must wide than F&N, soon CP will setup manufacturing plant to complete with F&N