Swot of Mamee

MAMEE picture-Decker has many things going for it, among them, a best pecuniary track record, a strong balance sheet, great brands and reasonably good dividend payouts, which definitely makes it worth noting. MOST KIDS PROBABLY KNOW the blue monster and more or less adults have probably met them as well. Fear not as we atomic number 18 just talking about the ever-famous Mamee Monster snack food, which comes mainly in small packets that are consumed daily by its ardent fans.That probably sums up the public face of listed Mamee Double-Decker Bhd, the connection which produces this classic snack food. exclusively while the blue monster remains the ever-lovable monster, the company has outgrown it and today, Mamee is actually matchless of the leading snack manufacturers in the country with a strong comportment in the export market as well. And it has certainly more than lavish snack food brand names in its current stable, and in noodles and cultured milk production as well.Do M amee Monster, Mamee Instant, Mister Potato and Sllrrp Noodles and Double Decker sound familiar? How about Cheers and Nutrigen? These are the companys famous brands, which are potential to strike a chord with most consumers who consume them frequently. Still, the company itself in spite of being listed since 1992 is probably less familiar to investors than consumers.So, it is rather interesting sensibly to know that Mamee is actually a fundamentally strong and healthy company with growth potential as it expands its distribution network further and invests in new potato crisp lines to broaden its range of snacks. This is true for at least local research house, OSK Research, which initiated coverage on the company belatedly and pegged an RM4. 00 target price for the stock. It cites that Mamee is worth a BUY despite the stock having just about rallied 30% of late, citing the current strong sentiment on consumer counters.