Posted by simon_nick > 2014-10-31 19:26 | Report Abuse

Yay up_down, LTKM is near RM5 again :D

Posted by greddym3 > 2014-11-15 00:34 | Report Abuse

http://news.asiaone.com/news/singapore/suspension-malaysian-farms-will-keep-egg-prices-high-experts

Good news for ltkm

Posted by simon_nick > 2014-11-18 08:46 | Report Abuse

Good one. Thanks greddym3

Posted by greddym3 > 2014-11-25 18:30 | Report Abuse

fantastic results by LTKM!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1804857

Posted by simon_nick > 2014-11-26 08:33 | Report Abuse

WOW yeah, just saw the results. Amazing!

Posted by lotusf1 > 2015-01-22 08:07 | Report Abuse

Think its price may drop tday becoz 3 other egg frms were infected wit salmonella bacteria n have to be shtdown..

Posted by hornetsjet > 2015-01-22 19:45 | Report Abuse

No, its a good opportunity for LTKM since supply will be down and market can pay higher for his eggs.

Posted by thec16 > 2015-02-12 14:36 | Report Abuse

http://www.theedgemarkets.com/my/article/insider-asia%E2%80%99s-stock-day-ltkm

LTKM (Fundamental: 2.7/3, Valuation: 2.4/3)

Posted by simon_nick > 2015-02-13 14:05 | Report Abuse

Undervalued, TP RM6

Posted by greddym3 > 2015-02-16 23:36 | Report Abuse

QL Resources bosses have some stakes in LTKM. They may launch takeover of LTKM if they cant control Lay Hong.

Posted by simon_nick > 2015-02-17 09:16 | Report Abuse

Let's have an egg partyyyy :D

Posted by simon_nick > 2015-02-27 09:41 | Report Abuse

Another nice quarter by LTKM. Golden eggs are hatching :D

Posted by greddym3 > 2015-02-27 21:34 | Report Abuse

sikit lagi sampai RM6 kekeke

Posted by SEED > 2015-03-04 15:08 | Report Abuse

This counter share price has been manipulated by their big share holder

Posted by SEED > 2015-03-04 15:12 | Report Abuse

they are all relatives

Posted by greddym3 > 2015-03-04 16:42 | Report Abuse

sold all at RM5.85..return 101%

Posted by NGJHENG > 2015-03-05 16:28 | Report Abuse

With the average EPS growth rate of 10% for last 5 years and based on EPS of last 4 quarters (=RM0.78), the intrinsic value for LTKM should be RM10.64

Posted by thec16 > 2015-03-06 17:43 | Report Abuse

broke 6 today .. :) still holding strong

Posted by simon_nick > 2015-03-09 18:30 | Report Abuse

At current price, PE at 7.6 is still very cheap. Gonna hold mine....

Posted by 林俊松 > 2015-03-10 10:30 | Report Abuse

Still can buy in?

Posted by duncan2 > 2015-03-10 11:25 | Report Abuse

still very cheap...I top up more today..

Posted by duncan2 > 2015-03-10 11:29 | Report Abuse

lowest pe among all egg counter. upside chances r higher in mid term.

Posted by NOBY > 2015-03-11 11:58 | Report Abuse

best balance sheet and lowest P/E. If you exclude net cash and investments, even more undervalued. The only thing is management is more conservative... not really embarking on any expansion

Posted by greddym3 > 2015-03-11 16:38 | Report Abuse

LTKM is very rich.Surplus money is invested in other companies such as KSL,MALTON,MINHO,ELKDESA and WINGTM.

Posted by lching > 2015-03-11 17:28 | Report Abuse

pros n cons, if market crashes, LTKM coffers will be undermined. KSL n Malton are property com. and the trading volume is really low. only good for buy n hold.

Posted by greddym3 > 2015-03-11 20:35 | Report Abuse

shares unit
ksl 4,370,600
minho 3,067,600
wingtai 954,600
malton 1,908,000
brem 1,533,000
elkdesa 185,760

Posted by lching > 2015-03-11 23:07 | Report Abuse

half of them are property related, looks like not a very good investment strategy.

Posted by simon_nick > 2015-03-13 09:24 | Report Abuse

Nice review: http://klse.i3investor.com/blogs/bullandbear/72592.jsp

Posted by Stanley Yeo > 2015-03-16 16:58 | Report Abuse

金鸡蛋，golden EGG

Posted by Stanley Yeo > 2015-03-17 11:31 | Report Abuse

i have buy 52 lots at price 6.17, if tomorrow continue drop to price 6, i will top up 8 lots.

Posted by Stanley Yeo > 2015-03-19 16:17 | Report Abuse

this stock are so quiet le.
i top up 7 lots at price 6.08.

Posted by greddym3 > 2015-03-21 10:12 | Report Abuse

i used to experience that.you have to be very patient with LTKM.

Posted by Stanley Yeo > 2015-03-27 17:43 | Report Abuse

at risk?

Posted by chonghai > 2015-03-27 18:16 | Report Abuse

I own stock of LTKM. A bit shock to learn that LTKM is holding so many property counters as investment. The boss is good in business but seems poor in stock market. Better just distribute the excess cash as dividend to us.

Posted by Stanley Yeo > 2015-03-30 16:45 | Report Abuse

我也不知道怎么办了，以为要避开热门股，因为热门股起落太厉害，很可怕，所以选了一个冷门股，但如果一直跌——我也拿不定主义了。

Posted by Stanley Yeo > 2015-03-30 16:49 | Report Abuse

其实，我觉得这支股应该会值Rm7.50，所以又怕现在卖出去后，又起到Rm7，然后又后悔莫及。

Posted by Stanley Yeo > 2015-03-31 08:56 | Report Abuse

PE still cheap, i think may be just a market correction, 需要一点时间才能表现出其内在价值。

Posted by Stanley Yeo > 2015-03-31 08:56 | Report Abuse

hold

Posted by Stanley Yeo > 2015-03-31 14:19 | Report Abuse

The main challenge for this segment comes from the volatility
of the commodity-based price of the major raw materials;
namely corn and soybean. The management recognizes
the importance of cost management to minimize impact of
such volatilities and maximize operational efficiency in every
sector of its organization. Another major concern is the risk
of an outbreak of the bird flu. 有没有知道怎么查找 corn 和soybean价钱？我忘记了。

Posted by greddym3 > 2015-03-31 16:08 | Report Abuse

buy back if it drops back to rm4 hehe

Posted by bukithot > 2015-03-31 16:55 | Report Abuse

greddym3, thanks for precious info. Where did you get the info of LTKM share investments in other companies?

Posted by greddym3 > 2015-03-31 17:24 | Report Abuse

from google.i was searching for "ltk melaka sdn bhd" (their subsidiary) for their operation info.what i found was otherwise.

Posted by Vaylens Chong > 2015-03-31 19:28 | Report Abuse

What cause so much drop today?

Posted by Firebird2 > 2015-03-31 20:23 | Report Abuse

Volume is a little bit higher than usual days, but not a lot.
Someone holding big might be reducing his stakes, think no worries. Was surprise greddy sold some time back and i follow after that, but sold only half.

Posted by snowbreeze > 2015-03-31 22:39 | Report Abuse

http://www.thesundaily.my/news/867928

Posted by snowbreeze > 2015-03-31 22:44 | Report Abuse

LTKM suspends chairman after failing to find him

Posted by Yeo Shun Hua > 2015-04-01 01:02 | Report Abuse

We initiate coverage on Teo Seng Capital Bhd (TSC) with a BUY and a fair value of RM2.40/share, based on a fully-diluted PE of 13x on FY15F earnings. TSC is a Shariah-compliant stock.

- TSC is a well-managed modern poultry farmer focusing primarily on the production of eggs. With a daily output of 3.1mil eggs, it is the third largest egg producer in Malaysia. About one-third of its production is exported to Singapore.

- Our investment thesis is built around five key factors:-

1) Favourable industry dynamics with stable growth of 3%- 5% p.a.: The industry is largely recession-proof as eggs are a consumer staple and is a small ticket item in household spending. The inelasticity of demand for eggs was demonstrated during 2008, when consumption increased by >6% YoY despite a price increase of 17%.

2) Strong management track record and parentage, backed by regional poultry giant Leong Hup (LH): TSC’s earnings CAGR of 35% over the last three years – FY12 to FY14 – is a testament to its management expertise.

As part of LH, TSC has first pick of the top layer breeds, which ensures the quality of its eggs. It also enjoys bulk discounts from scale economies on its raw materials as these are purchased by LH at the group level.

3) Scarcity of good consumer stocks trading at low PEs: Based on FY15F’s earnings of RM61mil, TSC is trading at an attractive PE of 11x, versus the average consumer sector’s PE of 18x. Its high ROE of 23% also stands out.

4) Robust earnings growth: We forecast earnings to expand by 16%-26% over FY15F-FY17F, underpinned by production capacity expansion (+400,000 eggs/day p.a. to 5.1mil eggs/day in five years) and steady demand growth. Operating margins are expected to remain intact at about 20%, thanks to soft commodity prices, namely corn and soya, which are feedstock for its layers. The addition of biogas plants would also help lower operating costs.

5) Expanding dividend payout: Capex of RM70mil would peak in this fiscal year, and thereafter normalise to RM25mil p.a. Given its steady average FCF of RM50mil over FY15F-FY17F and an under-geared balance sheet (net gearing: 24% but would revert to net cash in FY16F), management is targeting to raise its dividend payout from its historical rate of ~20% to 35% within the next three years. Based on its last traded share price of RM1.98, a payout of 35% would see yield rising to 5% in FY17F.

- TSC lacks an institutional following as it is presently under-researched. We believe that this would change given improved corporate access, steady earnings and dividend track record.

Source: AmeSecurities

Posted by Yeo Shun Hua > 2015-04-01 01:04 | Report Abuse

compared to the teoseng PE 8.73, huatlai resources PE 10.12, LTKM PE still cheap.

Posted by Yeo Shun Hua > 2015-04-01 01:07 | Report Abuse

if teoseng TP can RM2.40, PE 13, why LTKM can not?
LTKM EPS 65,23x PE13=Rm8.47
if EPS 78.78x PE 13=Rm10.24
so, i think this is a market correction.

Posted by Yeo Shun Hua > 2015-04-01 01:08 | Report Abuse

Just hold tight tight waiting for price up.