fellow sifu, anyone knows why its capex / D&A are so freaking high? capex > 200% of its net profit D&A about 100% of its net profit for the past 5 years. WHY? is it nature of this broiler business?
broiler business is a very cashflow tight business. its the norm to see unhealthy D/E. but if you ask me in terms of track record. Teo Seng and QL is more stable. How sustainable is CAB's surge in earnings?
It may be worth to share with you all about the selling price of broilers/chicken for the past 6 months & read again on the Management's comments on prospects in the latest Quarterly Report:
Hold tight your cab shares. Ooi Teik Bee's armies haven't arrived yet. Buy before he recommends this counter to his subscribers. Mycron and Ekovest still in his watchlist.
Posted by moneySIFU > Mar 24, 2017 10:10 AM | Report Abuse Good performance again, my first realisable target is now RM2.20, then 2.50, 2.80 & 3.10. We'll see :)
ME : Congratulations to moneySIFU and Wealth Wizard sifu, thx for lead us this True Gem and making our fortune handsomely.
I like moneySIFU way in preserve his profit. GOOD STRATEGY ... this is usually what I'm practising. Last tranche usually is the Free Stock and shall keep for future dividend or growth.
Take your valuable time. Today is good closing altough T+3. With second part, we pretty sure can meet rm2.20 by next week. Thank you sifu ww for recommending this gem
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....
probability
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Posted by probability > 2017-03-21 23:48 | Report Abuse
its not that difficult for CAB to go downstream and improve its gross margin