3 people like this.

9 comment(s). Last comment by sosfinance 2015-07-09 09:36

Posted by Simonalibaba > 2015-07-02 23:04 | Report Abuse

Excellent analysis

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-07-02 23:07 | Report Abuse

It fall because of in future the cost crops as sources to feed poultry will going very high due to EL nino effect.

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-07-03 00:58 | Report Abuse

yea, not a good time to buy poultry stock now

Posted by Fat Cat Tim Buddy > 2015-07-03 08:19 | Report Abuse

LT TP RM 0.0000 (y) kikiki

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2015-07-03 10:40 | Report Abuse

downtrend stock...better run FASTER

shinado

413 posts

Posted by shinado > 2015-07-04 00:26 | Report Abuse

Most eggs are exported to Singapore market, so we shouldn't be looking at Malaysia egg price anyway....

goldenluck16

1,953 posts

Posted by goldenluck16 > 2015-07-04 17:27 | Report Abuse

The downtrend in teoseng share price could be due to the selling by Felda Coop. After the selloff, price may rebound to a higher level. Have confidence in this counter.

veln82k6

913 posts

Posted by veln82k6 > 2015-07-05 14:57 | Report Abuse

Agreed. Based on amresearch their assumption on average price of 30.5
sen/egg . The control price for eggs only RM0.32/egg last year

sosfinance

1,305 posts

Posted by sosfinance > 2015-07-09 09:36 | Report Abuse

Good analysis. Keep it up. I believe the recent drop are more related to the sentiment (fear) than any fundamental issues. Look at the entire market (as well as the region), most industries share prices dropped disregard the next few quarters earnings up or down. Even furniture export companies or technology sector that export most of their product (with RM depreciating).

Until the sentiment recovers, market will most likely be ICBC.

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