mcykshare performance lacking behind cck due to previous share split. If you look at the number of share issued, you will find out CAB got more pieces of cake to apportion than CCK. So in term of business performance, i think CAB is better than CCK due to limited market coverage of CCK (East Malaysia only & less export business).
17/05/2018 22:48
DarkodaNot to forget CAB now already expanded their oversea business in Indonesia with Salim Group which has 11,000 convenient stores and operates more than 500 KFC outlets. Very bright future prospect. It's just a matter of time before more profits come pouring in.
High price of chicken still maintained. Consistent revenue and profits. Price may be even higher on Ramadan.
22.5.2018 DOC RM2.20 Poultry RM5.10
28/05/2018 20:42
auyongUseless con cab.. operator counter.. cck also better it.. got support
30/05/2018 14:58
Matthieu Sevenyes! CCK stable!! because post good QR; I think CAB will released good QR as well. Just accumulated more CAB with average cost of 92cents
30/05/2018 15:48
Sebastian Sted Powerfuture prospect CAB definitely better than CCK. The free float shares of CAB slightly higher than CCK (but not that critical). About 20-30% free float
Sebastian Sted PowerRevenue up, profit also maintain good. 2018 definitely a good and promising year ahead. AYAM SATU RINGGIT
30/05/2018 17:56
DarkodaGlad it's a positive result. I am happy with it despite such tough economy now. Revenue definitely increased a lot and more to come now that their acquisition of the breeder and broiler farms from Sinmah’s Group is finally completed. The broilers output is expected to increase to 120 million kg per year in 2018 from 116 million kg in 2017.
"The increased in administrative expenses of the Group for the quarter under review was mainly due to the underlying costs associated with the expansion of breeder farms operation." So now we know why profit is only slightly higher because they are investing our profits back to expand and upgrade their newly acquired breeder and broiler farms. It's a very good sign.
Forex is out of their control so we can't blame management. At least the Directors are focusing on what they can control to grow and control costs. So fundamentally speaking, CAB is getting better and on the right track. Can't wait for their JV with Salim Group to bear fruit next year. Lots of growth potential.
We can't do anything if the price dropped a lot today because people are scared and throw cheaply. Will add more tomorrow if the price doesn't move up. Definitely undervalued already at this point. Buy when people are fearful... provided the company's fundamentals are still intact. Happy investing, everyone.
DarkodaBought more at RM0.97 today. Seems that not many people notice this counter. Hidden undervalued gem. Be patient. Once news article and analysts cover CAB, this chicken gonna fly!
06/06/2018 17:58
DarkodaRemember their recent announcement that the sale and purchase of the breeder and broiler farm from Sinmah Group was already completed. Now they have the capacity to produce more poultry at higher selling price due to Ramadan and Hari Raya. Can't wait for their next quarter report. Below is their announcement on BURSA.
"On behalf of the Board of Directors of CAB, RHB Investment Bank Berhad wishes to announce that all the conditions precedent have been fulfilled and that the balance purchase consideration have been paid in full pursuant to the sale and purchase agreements in relation to the Proposed Acquisition of Breeder Farms, hence marking the completion of the Proposed Acquisition of Breeder Farms.
WalkSidewayWhere's the KFC uncle? No one fried the chicken cant fly ah
07/06/2018 12:02
Yu_and_Meethis CAB is really cannot use. many say good but price stagnant for so long no move at all. forget about it. keep in FD is better than keep CAB.
Ivan89This counter will fly anytime. Mark my word.
08/06/2018 12:02
Ivan89I think they press down the price for the purpose of exercise of warrant. Once all exercised, the share price will shoot up.
08/06/2018 13:20
Yu_and_Meeexercise of warrant then press down the price? i don't see any logic link. perhaps you could share your logic to us. this is really gg counter. buy carlsberg much better than this. all my cab and layhong sold converted to carlsberg. already making profit.
pow_kordon't step on this chicken shit, switch to tunepro and ytlpower, earn so much....
19/06/2018 09:39
Yu_and_Meesleeping chick even though my friends said so good and sooo gooooood. I see it really as chick shit.
19/06/2018 19:00
Vinzcentprice of Corn and Soy Bean has drop alot...due to trade war between China n US...will poultry benefit from it ??
19/06/2018 21:29
Matthieu Seventhis chicken shit something weird. Just look at CCK after ex-bonus the price still higher than CAB and the PE is almost 2.5x of CAB yet CCK still up up up.
20/06/2018 15:18
pow_korwah this chicken shit drop below 0.9... good to kutip tahi?
21/06/2018 15:19
ronaldo1103U can become buy the chicken dung per bag of 2kg at rm4 in farm . Hehe
