What has EPF done right to achieve such high dividends?
EPF's investment style: The art of steady progress
What does EPF invest in? Unveiling core holdings
How to track EPF's investment moves?
On March 1st, the Employees' Provident Fund (EPF) of Malaysia announced that the dividend yield for 2024 was 6.3%, which is the highest dividend yield since 2018.
The dividend rates for both conventional savings and Islamic savings are 6.30%, bot...

Recently, the most talked about must be Huayang. A miracle in the food industry, with revenue of several billion in just a few years, really strong.
After reading the prospectus, planning to open 13 stores in two years (1 store costs 2.8 million), then establish a central kitchen/HQ/warehouse for 53 million. With the current strength of the company, making 44 million a year, opening 7 stores in a year should not be a problem; considering the strength of the company's management team (achieving over a hundred million in revenue in four years is not easy), keeping renovation costs under 2 million shouldn't be a challenge. And which store owner wouldn't want a prestigious brand like Huayang to join?
So earning 44 million in 2024 can still save 30 million. Borrowing a bit from the bank can solve the issue of the central kitchen. Then why go public and share such a good business with us? I guess the boss is ready to take some risks. The stores are for advertising, the real business is selling packaged foods. Coffee powder, biscuits, and so on. Currently, this sector is a very small part of the company, so it is also the most likely area for explosive growth.
However, to succeed, one must be fast, after all, Packaged Foods face a lot of competition in the market. Their competitors are not Power Root, Nestle; what they need is a positioning, a brand that will make customers want to buy. When it comes to white coffee in childhood, we always mention Ipoh white coffee, later when it comes to kopi, it must be Oriental Kopi. Just like buying Ladurée when in France to buy macarons.
So now, the investors entering the market need to pay attention not to Hua Yang, which has long queues every day, but to go to major supermarkets to see...