KOPI (0338.BMS): Stocks Analysis and Forecast 2025

Key Takeaways

• KOPI (0338.BMS) represents shares of Oriental Kopi Holdings Bhd, a Malaysia-based F&B company known for its café chains and packaged food products under the Oriental Kopi brand, reflecting strong fundamentals and rapid sector expansion.
• Backed by solid revenue and net income growth, KOPI offers high margins and return metrics, though its elevated P/E ratio suggests investors must weigh its growth prospects against valuation risks and short-term volatility.
• The stock has shown steady upward momentum in 2025, trading between RM1.38–RM1.55 with technical indicators pointing to potential trend reversal; price forecasts are conservative despite long-term growth optimism.
• KOPI has posted consistent quarterly earnings improvements, including higher revenues and rising profit margins, with Q3 2025 showcasing strong cash flow and profitability results.
• The company does not currently distribute dividends, signaling a reinvestment-led growth strategy more aligned with capital appreciation than income-generating objectives.

What is KOPI (0338.BMS) Stock?

KOPI (0338.BMS) stock refers to shares of Oriental Kopi Holdings Berhad, a Malaysia-based company listed on Bursa Malaysia’s ACE Market. Operating under the consumer products & services sector, Oriental Kopi specializes in cafe chain operations and in-house retail sales of packaged food brands. The company is best known for its Oriental Kopi brand, which targets the rapidly expanding food and beverage market across Malaysia.

Founded in 2024, Oriental Kopi quickly gained investor attention due to its strong revenue growth and scalable business model centered around lifestyle-oriented dining experiences. As a newly listed F&B stock in Malaysia, KOPI stock has become a point of interest for investors exploring domestic consumer-driven growth opportunities. With a single-segment focus and a solid cash flow foundation, Oriental Kopi's fundamentals—such as high current and quick ratios along with improving net profit margins—enhance its visibility in the F&B scene. KOPI stock is thus positioned as a representative of Malaysia’s evolving food services and brand retail landscape.

Why Consider Investing in KOPI (0338.BMS) Stock?

Comprehensive Financial Overview: Strong Margins and Resilience

Oriental Kopi Holdings Bhd (KOPI) reported a trailing twelve-month (TTM) revenue of RM277.28 million with a net income of RM43.13 million, reflecting a robust net profit margin of 15.56%. For investors, a healthy margin demonstrates the company's ability to convert sales into actual earnings efficiently — a sign of strong operational control. The company’s return on equity stands at a remarkable 98.58%, suggesting effective reinvestment of profits and high capital efficiency.

However, it’s important to note KOPI’s current price-to-earnings (P/E) ratio is high at approximately 65.91, which can mean the stock is expensive relative to current earnings. Investors should assess whether this premium is justified by future growth potential.

Assessment of Growth Potential: Expanding Market Footprint

KOPI is a recent entrant to Bursa Malaysia but has already positioned itself as a leading player in the food and beverage sector. Currently operating under the Oriental Kopi brand, the company combines café business with consumer packaged food sales through multiple channels, including online platforms and physical retail outlets.

Having been founded in 2020 and listed in 2024, the company is still in a high-growth phase. It operates in a consumer sector with rising demand for premium local food experiences and branded packaged products — two segments showing consistent growth in Malaysia. The café culture trend, particularly among younger demographics, amplifies KOPI’s long-term growth prospects. With its high return on assets (25.38%) and low leverage, the company maintains a strong financial platform to pursue expansion and scale.

Institutional Shareholding and Capital Flow Trends

Institutional investors hold approximately 75.17% of KOPI’s shares, with United Gomax Sdn Bhd alone controlling 73.35%. This level of institutional support often indicates confidence from professional investment firms in the company’s management and strategy.

However, examining short-term capital flows from late October reveals consistent net outflows until a slight reversal on October 31, with a net inflow of RM28.26K. While institutional ownership remains stable, the recent dominance of retail-driven outflows should encourage investors to view short-term volatility with caution, especially since only 29.88% of the recent day's trade activity was led by major players.

Technical Performance Indicators: Momentum Stabilizing, Watch for Reversal

The Moving Average Convergence Divergence (MACD) indicator shows a decreasing negative histogram, which may suggest a potential trend reversal. The 14-day MACD histogram narrowed from -0.042 to -0.035, indicating buyers may be preparing to step back in.

The Relative Strength Index (RSI14) stands at 57.27, suggesting the stock is neither overbought nor oversold. Meanwhile, the Bollinger Bands reflect reduced volatility with price converging toward the middle band, a sign that the stock may be stabilizing.

Price Moving Averages (MA) also show a bullish alignment, with MA5 (1.42) slightly crossing below MA10 (1.45), but still above long-term MA20 (1.448), indicating mid-term strength. This type of technical setup often attracts swing traders looking to enter during stabilization phases.

Valuation and Investor Sentiment: Navigating High Premiums

KOPI is currently trading near RM1.45 with a TTM P/E of around 65.91, above the sector average. High P/E ratios are typical for growth stocks with optimism priced in, but also imply potential volatility if earnings fall short. The company has no dividend payout, which may deter income-focused investors but appeals to those focused on capital gains through long-term appreciation.

Despite its high valuation, analysts remain optimistic. In the last three months, 60% of analysts rated KOPI as a "Strong Buy", while 40% rated it as a “Hold”. The 12-month price target ranges between RM0.62 and RM0.88, making the current price a potential pivot point for reevaluation based on upcoming earnings and strategic updates.

How to Buy KOPI (0338.BMS) Stock in Malaysia

Step 1: Open a Trading Account

To begin investing in KOPI (0338.BMS)—a Malaysian stock listed on the Bursa Malaysia—you must first open a trading account with a licensed brokerage in Malaysia, such as moomoo. Malaysian citizens must provide key documents including a valid MyKad (National ID) and a recent utility bill or bank statement (within the last 3 months) as proof of address. Foreign investors are also eligible to open accounts but must furnish a valid passport, visa or work permit, and similar proof of domicile.

Upon successful documentation submission, approval processing typically takes 1-3 business days. Some brokerages may also offer mobile or online onboarding, streamlining the account setup process.

Step 2: Fund Your Account

Once your account is active, fund it using accepted channels in Malaysia. These include:

• Bank Transfer – Directly deposit funds from your Malaysian savings or current account.
• FPX Payment – A popular real-time online direct debit system supported by major Malaysian banks for instant funding.
• e-Wallets and GIRO – Some platforms may support selected e-payment solutions or interbank GIRO transfers, although processing times may vary.

Ensure the brokerage platform's funding method matches your preferred convenience and speed requirements.

Step 3: Do Your Research Before Buying KOPI Stock

Investors should undertake thorough research before purchasing KOPI stock. As of the latest data, KOPI is trading at RM1.45 with a P/E ratio of 65.91, indicating relatively high valuation. Technical indicators like MACD and RSI have shown fluctuating momentum, while recent trading volume and turnover suggest healthy market interest. The stock’s historical price shows short-term volatility ranging from RM1.38 to RM1.55 recently, and its ownership is largely controlled by institutional investor United Gomax Sdn Bhd, holding over 73%.

Review market conditions, company announcements, and macroeconomic trends before making your buy decision. Utilizing platforms like moomoo for up-to-date charting tools and news feeds can aid in decision-making.

Step 4: Place an Order

With your account funded and analysis complete, open your brokerage app (e.g., moomoo) and search for KOPI by entering the stock code “0338.BMS”. Choose your order type:

• Limit Order – Specify the price (e.g., RM1.45) and quantity of shares to buy.
• Market Order – Instantly purchase at the best available market price.

Review your order details and confirm the transaction. Once matched, the shares will appear in your portfolio. Monitor your investment regularly for performance updates and market news.

KOPI (0338.BMS) Stock Price Performance

What is KOPI Stock Price?

As of October 31, 2025, Oriental Kopi Holdings Bhd (KOPI: 0338.BMS) closed at RM1.45, rising 1.40% from the previous day’s RM1.43. The month-to-date price movement marks a slight increase from RM1.45 recorded on October 23, showing modest resilience despite broader market uncertainty. Year-to-date, the stock has enjoyed substantial growth from its earlier lows near RM0.63, underscoring investor optimism in Malaysia's consumer F&B sector. However, KOPI's lofty P/E ratio of 65.91 (TTM) suggests an already priced-in premium, where future earnings need to justify current valuations. The company’s challenge lies in balancing expansion with profitability, especially in a competitive café space that's contending with tightening consumer wallets and rising operational costs.

Historical KOPI Stock Price Movements Analysis

Looking back at the past 30 trading sessions, KOPI has demonstrated a consolidating pattern, fluctuating within a tight range between RM1.38 and RM1.55. The price touched a monthly low of RM1.38 on October 29 before rebounding. K-Line charts show short-bodied candles with long wicks, indicating market indecision and resistance near RM1.50. Technical indicators further confirm a cautious tone—MACD has flattened around zero, while RSI hovers in the mid-50s, not signaling overbought or oversold levels. The Bollinger Bands have narrowed, pointing to a likely volatility breakout. Given the uptick in main board net inflows on October 31 and price support at RM1.40, a breakout towards RM1.50 is feasible in the near term, assuming no adverse macro shifts.

KOPI (0338.BMS) Forecast

Market analysts have set an average 12-month price target of RM1.06, which appears conservative relative to current trading levels. However, with a robust institutional backing, notably United Gomax Sdn Bhd holding 73.35%, and a growing footprint in packaged F&B product lines, revenue streams are diversifying. While valuation remains rich—reflected in a Price/Sales ratio over 10x—the business model aligns with evolving consumption trends in Malaysia. Should earnings growth align with projections for FY2026, KOPI may justify its premium pricing, particularly in a low-interest rate environment favoring consumer and growth sectors.

KOPI (0338.BMS) Earnings

Does KOPI (0338.BMS) Release Financial Reports?

Yes, KOPI (0338.BMS) consistently releases quarterly financial reports. These reports are accessible to investors and analysts, offering critical insights into the company's earnings, profitability, and financial health.

When is the Next KOPI (0338.BMS) Earnings Date?

KOPI is expected to release its next quarterly earnings report in early February 2026, covering its fiscal 2025 Q4 performance. Investors can anticipate detailed performance metrics reflecting the company's year-end results.

What Were KOPI (0338.BMS) Earnings Last Quarter?

In Q3 2025, KOPI reported improved performance across key financial metrics compared to Q2 2025, highlighting strong revenue growth and margin expansion.

Source: Bursa Malaysia, accessed October 23, 2025

Highlights of KOPI Earnings Call: The KOPI Earnings Call emphasized strong sales demand and operational efficiency as key drivers of quarterly growth. Management also noted improvements in cash flow and sustainable margins, drawing attention to a MYR 22.71 million operating cash flow and cautious investment spending of MYR 150 million in Q3.

Does Oriental Kopi Holdings Bhd (0338.BMS) Pay Dividends?

No, Oriental Kopi Holdings Bhd (KOPI, stock code: 0338.BMS) does not currently pay any dividends to its shareholders. Despite experiencing a strong financial uptrend with net profit of MYR 43.13 million in FY2024 and notably high liquidity ratios such as a current ratio of 7.61 and a quick ratio of 7.26 in Q3 2025, the company has yet to distribute profits in the form of dividends.

According to the latest data from moomoo, KOPI's dividend per share, dividend yield, and ex-dividend date are all listed as "n/a," confirming that the stock has not declared any dividend issuance to date. The absence of dividends may indicate a strategic focus on reinvestment and business expansion, especially as the company was founded recently in 2024 and is experiencing rapid growth across its food & beverage operations in Malaysia.

While KOPI dividend metrics aren't currently available, investors might interpret this decision as a long-term investment approach typical of small growth companies within the consumer cyclical sector. For dividend-focused investors, this stock may not be a top yield candidate at the moment, but those prioritizing capital appreciation might still find value in its strong earnings momentum and scalable business model.

Risk Assessment for KOPI (0338.BMS) Stock

In the past three months, KOPI (Oriental Kopi Holdings Bhd) has demonstrated moderate market stability with its stock price hovering between MYR 1.40 and MYR 1.47, according to historical prices on Moomoo as of October 31, 2025. Although the share price has remained relatively steady, a closer look at its valuation metrics—such as a high trailing twelve-month PE ratio of 65.91—suggests investors may already be pricing in optimistic growth expectations, raising questions about valuation risk if earnings do not accelerate accordingly. In addition, the softening short-term momentum indicated by weakening MACD and RSI values may hint at increased sensitivity to external shocks.

From an industry standpoint, KOPI operates solely in the food and beverage (F&B) sector, which is highly competitive and price sensitive. While the company's gross profit margin was 25.98% in Q3 2025 and net profit margin at 15.37%, per latest Moomoo financials, KOPI's success is tightly bound to consumer spending patterns and Malaysia’s broader economic conditions. Recent capital outflows—amounting to MYR 1.3 million in the five trading days before October 31—indicate waning institutional interest, which may result in liquidity concerns in volatile periods.

Company-specific risks are also notable. For instance, while KOPI boasts a robust liquidity buffer (current ratio of 7.61 in 2025Q3), its increasing investing cash outflows (MYR -150 million in Q3) could raise long-term funding or asset deployment concerns. Additionally, ESG risks could influence valuation, especially as consumer-facing brands face heightened scrutiny on sourcing and labor practices. In terms of ownership concentration, its largest shareholder, United Gomax Sdn Bhd, controls 73.35% of shares, introducing governance and decision-making centralization risk. Investors should be alert to any strategic pivots or regulatory shifts in the domestic F&B sector that could materially alter the company’s trajectory.

Conclusion

KOPI (0338.BMS), the stock representing Oriental Kopi Holdings Berhad, has rapidly emerged as one of Malaysia’s most talked-about F&B sector shares since its recent listing. With strong financial fundamentals—such as robust revenue growth, high net profit margin, and impressive return on equity—the company showcases solid operational efficiency. Its market positioning leverages Malaysia’s growing café culture and consumer appetite for branded, locally-flavored packaged foods. Technically, the stock is showing signs of stabilizing, with indicators suggesting potential for near-term momentum shifts. However, its high P/E ratio and lack of dividend payouts make it more suitable for growth-focused investors rather than those seeking income.

Investors considering KOPI stock should prepare for both opportunities and volatility. While the company is financially healthy and backed by strong institutional ownership, its premium valuation suggests earnings growth must continue to meet investor expectations. Given its consolidating price range, now may be an ideal time for swing or long-term investors to enter cautiously, monitoring upcoming earnings and macroeconomic conditions. Before making any investment decision, ensure your trading account is set up with a reliable platform like moomoo, stay updated on financial reports, and keep an eye on both technical charts and capital flow trends. KOPI (0338.BMS) offers promising growth potential—but informed decisions are key to unlocking its full value.