CAB CAKARAN CORPORATION BHD

KLSE (MYR): CAB (7174)

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Last Price

0.785

Today's Change

-0.005 (0.63%)

Day's Change

0.78 - 0.79

Trading Volume

683,700


8 people like this.

4,083 comment(s). Last comment by TradeHarbor 1 week ago

Patron

1,163 posts

Posted by Patron > 2023-04-26 11:12 | Report Abuse

back to 0.7 !

Posted by David Mikkel Low > 2023-04-27 17:39 | Report Abuse

Dear Valued Shareholders of CAB Cakaran Corporation Berhad

We are pleased to invite you to the Extraordinary General Meeting (“EGM”) of the Company, details as follows:

Day & Date : Friday, 12 May 2023
Time : 10.30 a.m.
Venue : The Conference Room, Third Floor, CAB Cakaran Corporation Berhad, Plot 21,
Lorong Jelawat 4, Seberang Jaya Industrial Park, Seberang Jaya, 13700 Perai, Penang

The following documents of the Company are available at https://www.cab.com.my/investors-relations/highlights/

1. Notice of EGM;
2. Circular to Shareholders dated 27 April 2023 in relation to the Proposed Bonus Issue of Warrants
3. Form of Proxy of EGM; and
4. Administrative Guide of EGM.

hng33

19,851 posts

Posted by hng33 > 2023-05-05 15:59 | Report Abuse

bought back CAB at 68.5sen

wahidul

198 posts

Posted by wahidul > 2023-05-08 09:32 | Report Abuse

about to shoot up,good qr coming up

Patron

1,163 posts

Posted by Patron > 2023-05-08 09:44 | Report Abuse

feed cost has come down alot. check Cbot ZC price.

wahidul

198 posts

Posted by wahidul > 2023-05-08 10:31 | Report Abuse

very good news

Posted by SifuBursa9000 > 2023-05-08 17:32 | Report Abuse

once news is out then sell on news. becareful when all those sifus start giving news and buy calls!

wahidul

198 posts

Posted by wahidul > 2023-05-09 12:26 | Report Abuse

something brewing,apart from low feed cost,the coming qr should b very good

Posted by GorengWatch > 2023-05-12 10:35 | Report Abuse

Share Price is tightly controlled. Take profits when possible.

Posted by SifuBursa9000 > 2023-05-12 15:45 | Report Abuse

sell and take profit!

Patron

1,163 posts

Posted by Patron > 2023-05-14 15:45 | Report Abuse

free warrants ex date 26 May. Congratz to all the shareholders.

hng33

19,851 posts

Posted by hng33 > 2023-05-15 10:49 | Report Abuse

added more CAB at 72.5-73sen

Posted by David Mikkel Low > 2023-05-15 11:52 | Report Abuse

Bought back @Rm0.70

Patron

1,163 posts

Posted by Patron > 2023-05-15 12:06 | Report Abuse

10% price swing this morning. This ayam is volatile.!

Posted by GorengWatch > 2023-05-15 13:02 | Report Abuse

1 month ago i posted price range will be 0.70-0.76, a controlled range.

supersaiyan3

3,126 posts

Posted by supersaiyan3 > 2023-05-22 09:29 | Report Abuse

Expect a superb QR but chicken in april not that good already.

April hot weather, may weak demand, etc.....

Should give some good dividend mah, warrant cannot eat one....lol

Patron

1,163 posts

Posted by Patron > 2023-05-23 17:52 | Report Abuse

stronger SGD is good for exporters to Singapore..

wahidul

198 posts

Posted by wahidul > 2023-05-23 19:02 | Report Abuse

when is the qr coming?

Posted by GorengWatch > 2023-05-24 09:50 | Report Abuse

Good or bad QR results does not matter. It’s a controlled counter, price will move in the direction pointed by major shareholders.
Expects warrant to open below 10sen.
Take profits whenever possible.
Good luck everyone, harap jgn kena cakar.

old boy

166 posts

Posted by old boy > 2023-05-26 21:42 | Report Abuse

warrant list on 7th June

wahidul

198 posts

Posted by wahidul > 2023-05-27 12:23 | Report Abuse

warrant exercise price is 0.63cents,hopefully the share price rises after 2nd quarter report

Posted by daretocutandchange > 2023-05-27 14:36 | Report Abuse

warrant below 10cts sapu kuat kuat

ChloeTai

1,080 posts

Posted by ChloeTai > 2023-05-27 14:37 | Report Abuse

Ex-date 26 May 2023. Mother share closed at 0.665. Exercise price 0.63. Warrant price 0.035++

wahidul

198 posts

Posted by wahidul > 2023-05-27 15:23 | Report Abuse

the warrants price depend on the mother share price on 7th of june,if below 10cents,just sapu saje,usually will sell at a premium,because of 5 year tenure

Posted by daretocutandchange > 2023-05-27 16:02 | Report Abuse

new warrant usually premium above 10% to 20%

Michael Kwok

6,090 posts

Posted by Michael Kwok > 2023-05-27 16:07 | Report Abuse

Sell call 66-68 cents
Tp 40 cents range
27/5/23 4.06pm

wahidul

198 posts

Posted by wahidul > 2023-05-27 17:32 | Report Abuse

next week 2nd qr comes out,hope better than last qr,share price rises,warrants will shoot up too

Posted by daretocutandchange > 2023-05-27 22:48 | Report Abuse

sell volume increasing due to pork meat prices new high,production may drop too due to hot weather so prices should be sustainable?

Posted by GorengWatch > 2023-05-30 13:03 | Report Abuse

Be aware CAB is a super low volume counter. (Active only at owners’ whims) Don’t get caught holding shares you can’t sell!

supersaiyan3

3,126 posts

Posted by supersaiyan3 > 2023-05-30 17:27 | Report Abuse

Not bad, but slightly below last quarter.

They don't even have a column ready to fill in dividend (amount).

These china-pek company all like that, doesn't respect small holders.

Posted by GorengWatch > 2023-05-30 17:42 | Report Abuse

QR2 results below expectation.

wahidul

198 posts

Posted by wahidul > 2023-05-30 19:09 | Report Abuse

half year profit more than the whole of last year (70m)

Posted by David Mikkel Low > 2023-05-30 19:47 | Report Abuse

Good news but not that exciting...

ChloeTai

1,080 posts

Posted by ChloeTai > 2023-06-02 14:15 | Report Abuse

Dear GorengWatch, Is it safe to buy CAB warrants at < 0.10? Be aware CAB is a super low volume counter.

Posted by GorengWatch > 2023-06-02 18:24 | Report Abuse

ChloeTai, only the majority owners of CAB can answer that. As at today it’s not looking good, volume is very low, could mean major shareholders are already out of the market. Better wait and see.

investor77

746 posts

Posted by investor77 > 2023-06-03 15:28 | Report Abuse

Ex px is 63 cents. Normally 5 yr tenure can have 10 % premium. Warrant value is 3.5 cents plus 10% is 7 cents. Thus at listing CAB-WA should be around 10 cents. Let us hope due to good results as half year eps of 10 cents, is more than last years, warrant price shall be higher.

wahidul

198 posts

Posted by wahidul > 2023-06-04 03:02 | Report Abuse

price cap removal after June is very positive for poultry industry,next qr will be even better,I guess

ChloeTai

1,080 posts

Posted by ChloeTai > 2023-06-05 15:49 | Report Abuse

Wahidul, has the government make an official announcement already?

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-06-07 07:59 | Report Abuse

cab-wb
expired : 31/05/2028
share issued : 233.781m
market cap : 0.040 x 233.781m = 9.351m

hng33

19,851 posts

Posted by hng33 > 2023-06-07 09:33 | Report Abuse

sold warrant at 13-14sen

trader808

291 posts

Posted by trader808 > 2023-06-07 21:08 | Report Abuse

Is the bonus of free warrant really free?.

1.In a short span of time CAB had a spectacular run from 46 sen to its peak at 77 sen. The mini bull was supported by exceptionally good financial performance and culminate to the bonus reward of 1 free warrant for 3 shares.

2.The share price on a cum basis was 71 sen and on ex date it was re adjusted to
[( 71 x 3)+ 63] / 4 = 69 sen
Thereafter the share price has weaken and continued to fall. Today it closed at 62.5 sen and the warrant closed at 12 sen on debut.

3.Those who have followed the corporate exercise would get 1 lot warrant value at Rm120 and acquired 3 lots by paying 71 sen each. The share price has slipped down to 62.5sen and you suffered a loss of Rm255.
Hence your rewards of free warrant is not enough to offset the loss in value of the mother share.

4. Basing on my personal observations and experience the corporate exercise involving free warrants invariably ends up in this undesirable and unprofitable manner.

5.The warrant is a sweetener to induce you to buy the mother shares forming part of the manipulator's devilishly conceptualized game plan to push up the share price that would eventually turned sour.
6. It happened in PTrans, in MNHolding, in Yew Lee and now CAB

7.On hindsight and in all future endeavors with free warrants, it is more wise to forgo the warrant and sell on strength. It is unwittingly foolish and reckless to buy the mother share for the free warrant.

8. We already know there is no free lunch in this world. And,there ain't no tooth fairy.
9 Hope it helps

Happy Trading
7/6/23




Tripaka

2,836 posts

Posted by Tripaka > 2023-06-07 21:11 | Report Abuse

Very true. Pure manipulation to hookwink the naive people.

Posted by GorengWatch > 2023-06-07 21:51 | Report Abuse

Sold all warrants between 12-14 sen. Take profits first wait and see what game is being played.

Patron

1,163 posts

Posted by Patron > 2023-06-08 07:34 | Report Abuse

PETALING JAYA: Pemberian subsidi ayam dan telur akan berakhir pada 30 Jun dan pengapungan harga bermula pada 1 Julai, kata Menteri Pertanian dan Keterjaminan Makanan Mohamad Sabu.

Perkara tersebut dimaklumkan menerusi jawapan lisan menjawab pertanyaan Mas Ermieyati Samsudin (PN-Masjid Tanah) berhubung tempoh harga ayam dan telur akan diapung.

https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/06/07/subsidi-ayam-telur-berakhir-30-jun-kata-mat-sabu/

Posted by GorengWatch > 2023-06-09 10:04 | Report Abuse

Warrant is overpriced. At 0.18, buying warrant for conversion will cost 0.81, a 25% premium over mother share.
A fair price for warrant is 0.08, giving a 10% premium over mothershare on conversion.

ChloeTai

1,080 posts

Posted by ChloeTai > 2023-06-10 09:58 | Report Abuse

Pemberian subsidi kawalan harga telur dan ayam diteruskan. (Flip-flop government. Just announced the prices of eggs and chickens will be floated, in 24 hours time, change back to be capped.

CharlesT

14,587 posts

Posted by CharlesT > 2023-06-10 10:35 | Report Abuse

States election is coming lah

speakup

25,190 posts

Posted by speakup > 2023-06-10 14:57 | Report Abuse

yeah smuggle our subsidized eggs and sell to Thailand and Singapore
petrol smuggle out
telor smuggle out
tepung smuggle out
minyak masak smuggle out
Malaysia is a haven for smuggler to make money in Thailand, Indonesia & Singapore

Patron

1,163 posts

Posted by Patron > 2023-06-10 15:03 | Report Abuse

Subsidy is about RM200m per month. With or without price cap all the big boys have been showing all time high profits with such a massive amount of subsidises. The latest new is actually bullish for big poultry players.

Patron

1,163 posts

Posted by Patron > 2023-06-10 15:05 | Report Abuse

Cab has made 70m PAT in FY23 and we have two more quarters to go. Maintaining the price cap with massive subsidies is bullish for big poultry players !

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