【行家论股】发马(PHARMA,7081,主板保健股) 积极扩业前景亮眼
分析:MIDF研究
目标价:91仙
最新进展
发马(PHARMA,7081,主板保健股)与大马卫生部商讨的物流和分销合约延期协议,预计年底完成;清真疫苗及胰岛素制造厂,也有望在2025年运营。
同时,发马也正与一家医药物流公司洽谈并购机会,以作为增长策略的一部分。
行家建议
一旦发马与卫生部就延长合约达至协议,该公司将获得更多机会,为政府医院提供更多产品。
这预料可为该公司带来15亿令吉,外加每年2%增长的营收;相当于本地分销业务双位数的增长。
至于潜在的并购机会,也让发马可以拥有更多元的供应商和客户。
发马也正和回教发展银行(IDB)商议,在15个参与回教合作组织的非洲国家分销冠病疫苗。
数据显示,非洲回教合作组织国家已接种疫苗的人口仍低于25%,因此此次合作相信可以为帮助发马,深入扩张到非洲地区,包括在未来为非洲地区提供其他清真药剂产品。
整体而言,我们对发马的众多策略持乐观态度,不过这些策略需要时间取得成果,目前并不会即刻纳入财测考量之内。
维持91仙目标价,以及“买入”评级。
发马股价走势14/06/22
https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E8%A7%86%E9%A2%91%E3%80%91%E5%8F%91%E9%A9%AC-%E7%A7%AF%E6%9E%81%E6%89%A9%E4%B8%9A%E5%89%8D%E6%99%AF%E4%BA%AE%E7%9C%BC
Singapore Investment
-
-
-
-
-
-
-
-
2Q 2025 Investment Strategy Update7 hours ago
-
-
-
-
-
-
-
-
Portfolio Summary for June 202512 hours ago
-
-
Portfolio Update Q2 202519 hours ago
-
Investing in Saudi Arabia: The Complete Guide19 hours ago
-
-
-
-
Portfolio (June 30, 2025)22 hours ago
-
Portfolio (June 30, 2025)22 hours ago
-
-
Portfolio Update June 202523 hours ago
-
-
-
-
-
-
-
Month of June 20251 day ago
-
June 2025 Updates1 day ago
-
-
-
-
-
-
-
-
-
-
Batisht crazy!3 days ago
-
-
Will SORA crash to 1 per cent?4 days ago
-
-
-
-
Hello world!6 days ago
-
-
-
Cut back some exposure6 days ago
-
-
-
-
-
-
8 tips for house moving1 week ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
May 2025 Portfolio4 weeks ago
-
-
-
Thakral - Gem life deal finally coming?4 weeks ago
-
-
-
-
-
Clarity1 month ago
-
The Trump Tariffs1 month ago
-
Selling HRnet and Fiverr1 month ago
-
-
-
-
Ignore the noise and be calm2 months ago
-
-
-
-
FAQ on Quantitative Investing Part 22 months ago
-
-
-
-
Crossing the 300k Mark [in a volatile period]2 months ago
-
-
-
-
-
-
-
-
-
ETF vs Mutual Fund: Which is Better?5 months ago
-
-
-
-
-
-
-
Arigato Everyone! A Decade of Blogging!6 months ago
-
Top 10 Highlights of 20246 months ago
-
-
-
Union Square Residences8 months ago
-
-
-
STI ETF9 months ago
-
-
-
Unibet Casino Bonus Codes 20249 months ago
-
-
-
-
The Stigma against Early Retirement (FIRE)11 months ago
-
Monthly IBKR Update – June 202411 months ago
-
-
-
-
-
-
-
-
-
Feb 2024 Expenditure1 year ago
-
-
-
-
-
-
-
Monthly Summary of November 20231 year ago
-
Migration of website1 year ago
-
-
-
-
-
-
Hello SP Group, I'm Back!2 years ago
-
-
-
A New Light2 years ago
-
-
-
-
-
2022 Thoughts, Hello 2023!2 years ago
-
Series of Defaults for Maple Finance2 years ago
-
Takeaways from “Sea Change”2 years ago
-
Greed is Coming Back2 years ago
-
-
-
-
-
-
-
-
What is Overemployment3 years ago
-
Terra Hill Condo (former Flynn Park)3 years ago
-
Alibaba VS Tencent: The Battle Royale3 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-