nch218, hope it will reach soon, plus split/bonus to lift it to Rm8.00 haha. Lim, SKP has some specific risk that I wont take, as compared to how much I can make out of it, eg few customers, major shareholders selling it down and buying back. I could be wrong.
the result is quite good but not surprising. However, if you put a closer look on the report, the company had spent around 20M out of 24M of its operating cash flow to invest in securities? ARE YOU SERIOUS?it is a NO NO for me !!
is that anyone of you able to find any information regarding of business expansion for LTKM? To be frank i can't !(if you can please share). The owner and his wife is quite a old folks already. Do they have any plans to expand the business? If yes why spend almost all of OCF to buy securities? If no, it is not a good share for long term holding. The good result comes after the disposal of non-profit business and solely due to egg prices recovery and stable feed costs?
thank you for your comment. its good to have a contrarian here. for me this is a stable stock with generous dividend. as long as people still eat eggs this company will exist. it is a BUY for me.
Justmayo just laucnched at HK few days ago, it is a threat for chicken eggs industry. furthermore, i really dont like when a company using the shareholders money to buy securities instead of expanding its major business. bad decision
Taking the last quarter ressults as representing the latest situation the company is in, eg feed cost, selling prices etc... eps was 26.24cents. If the same situation persist, a crude way to estimate would be to times x4.
From KSL 2013 annual report. Top 30 shareholders : 19. LTK (Melaka) Sdn. Bhd. 2,185,300 0.57%. KSL has risen 30% since last month. Extra investment income for LTKM :D
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林俊松
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Posted by 林俊松 > 2014-05-28 13:57 | Report Abuse
SKP not long term investment?