odd lots are not good and cant trade via normal trading. Have to engage IB to sell it at lower price and higher fees. If you do not wish to have odd lots, normalize your holding to 2800, 5600, 8400 and so on...
Something fishy in cash flow. In year 2016 report, 18million spend in Acquisition of investment securities. Why they not pay the debt, or spend more in expand. They should focus on their main business?
company buyback 417600 shares at 1.19. it mean buy cost 1.19 will be convert to buy cost 1.15 (1.19x28/29) after 10/Nov?? current price 1.05 meaning super cheap???
The Company is "CONFIDENT" that the financial result of the Group for the remainder of financial year 2017 to be favourable despite challenging economic environment.
So forthcoming results should be good as well ........ besides, feed cost will be lower as MYR strengthen and broiler and egg prices will be increased when festival season comes.
last 4 QR result: 16Q4:EPS1.16, 17Q1:3.08, 17Q2:3.68, 17Q3:3.71. for this 17Q4 assume get 3.5. 2017 EPS = 13.97. current price 1.02 P/E only 7.3. really cheapest poultry counter
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Posted by KN > 2017-09-21 13:18 | Report Abuse
buy more. drop more. lol