CCK will be including vegetables and fruits in its product mix at all stores in the next few months. This is to gain more traction from household consumers.
Tiong said the group will continue to focus on Sabah and Sarawak. It has a total of 58 stores, with another 60 expected to open by the end of this year
CCK also is anticipating higher contribution from Indonesia. Currently, sales from Indonesia account for about 16% of total sales. “We are anticipating about 20% [sales from Indonesia] by year end or next year,” said Tiong.
With the new nugget line in Jakarta, which should see operations commencing in August, CCK is expecting an additional 5% contribution to its top line, starting FY19. The group’s other export markets are the Middle East, South Korea, Japan, China, Hong Kong and Australia.
MYR weaken to RM4.07. Poultry stocks ( Layhong & CCK ) are in tough road, future earning discounted coming. Now we are understand why Director disposed their shares, more shares is going to dispose by next week or coming next.
Tayyc1969, bear in mind this platform is open to public. So it is very normal for the fake sifu and real sifu wondering in here. So far, I always treat comments here as a reference. The most important is we did study ourselves and conduct experience guru if needed :) happy investing.
OTHERS Acquisition of shares in Hawker Time Food Hall Sdn. Bhd. ("Hawker")
CCK CONSOLIDATED HOLDINGS BERHAD
Type Announcement Subject OTHERS Description Acquisition of shares in Hawker Time Food Hall Sdn. Bhd. ("Hawker") The Board of Directors of CCK Consolidated Holdings Berhad (“CCK”) wishes to announce that the Company has on 17 July 2018 acquired one (1) ordinary share, representing 100% of the total issued capital of Hawker, for a cash consideration of RM1.00.
Hawker is a private limited company incorporated in Malaysia under the Companies Act 2016 on 23 April 2018. Hawker will be principally involves in food and beverage.
Posted by ktsk88 > Aug 1, 2018 04:10 PM | Report Abuse Posted by thundery > Aug 1, 2018 03:56 PM | Report Abuse Buy more, its coming, it is a good stock that can survive up or down trend.
This one i fully agreed........for past 1.5 years it only way up until ex bonus/warrant last month. The run up from 50 sen to 2.00 b4 ex bonus...))
Hi, 1.5 years. Means to hold long term, going ups and downs with the company. But still end up with a higher price than past 1 year ago. I think that's what he's saying. Short term investor will run when market is bad, like today if they entered high. Panic sell. Its normal. But some will enter during bad market knowing it might grow better soon. So depends on what kind of trader are you
Posted by new_in_share > Aug 2, 2018 09:08 PM | Report Abuse
Why down instead ktsk88?
Posted by ktsk88 > Aug 1, 2018 04:10 PM | Report Abuse Posted by thundery > Aug 1, 2018 03:56 PM | Report Abuse Buy more, its coming, it is a good stock that can survive up or down trend.
This one i fully agreed........for past 1.5 years it only way up until ex bonus/warrant last month. The run up from 50 sen to 2.00 b4 ex bonus...))
Please check the fact it is not down........based on last closing of 0.92 it is 1.84 before ex bonus.
In fact if you bought at the highest 2.00 before bonus and collected the free warrants, you are sitting on profit even the price now 0.92sen.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ViWizard
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Posted by ViWizard > 2018-07-23 15:49 | Report Abuse
haha can sustain?