CAB CAKARAN CORPORATION BHD

KLSE (MYR): CAB (7174)

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Last Price

0.695

Today's Change

+0.005 (0.72%)

Day's Change

0.675 - 0.695

Trading Volume

162,500


8 people like this.

4,096 comment(s). Last comment by OppenHermes 2 weeks ago

Posted by Mohd Fahmi Bin Jaes > 2017-05-12 10:44 | Report Abuse

price chicken up during fasting month

Shauns

212 posts

Posted by Shauns > 2017-05-12 10:45 | Report Abuse

Hi guys, enjoy another wave after this consolidation.

Posted by Cornerstone > 2017-05-12 10:46 | Report Abuse

the chicken price up during fasting month has been priced in... that's why the stock is trading so high now..

lee9fold

4,730 posts

Posted by lee9fold > 2017-05-12 10:49 | Report Abuse

when cab rise to 2.6 and undergo correction to 2.3, some jokers appeared to talk nonsense, same goes to current situation

Posted by Mohd Fahmi Bin Jaes > 2017-05-12 10:50 | Report Abuse

fasting month coming

Posted by Mohd Fahmi Bin Jaes > 2017-05-12 11:03 | Report Abuse

Prices of chicken and veggies to go up during fasting month

image: http://www.thestar.com.my/~/media/online/2016/02/29/06/44/chicken-trading.ashx/?w=620&h=413&crop=1&hash=89594EA99D38FD277B7878A8AD5C4D89F681BC8D



JOHOR BARU: Consumers may have to fork out extra money next month as the prices of cucumber, red chillies, long beans and poultry are expected to increase during the fasting month of Ramadan, which is expected to fall on May 27.

KLCI King

3,220 posts

Posted by KLCI King > 2017-05-12 11:06 | Report Abuse

Another typical news out price drop counter, insiders makan hapis

Posted by Mohd Fahmi Bin Jaes > 2017-05-12 11:18 | Report Abuse

trading buy

adamant

387 posts

Posted by adamant > 2017-05-12 11:20 | Report Abuse

Look at KYY punya VS, it rise 800%. If you sell on profit of 5%, U are amateur or day trader. If u sell on correction (which you cannot predict), on long term run you will lose more. Buy on weakness when u see opportunity. Increased profit is the best indicator. Sell only when it stop making money.

elbrutus

1,456 posts

Posted by elbrutus > 2017-05-12 11:24 | Report Abuse

on 28 apr..heard d news CAB going for splitting excercise but addded surprise was d proposed bonusas well....so latest hear say TP b4 ex split n bonus ..will run till at least rm4...ur money ur bet...take care all

elbrutus

1,456 posts

Posted by elbrutus > 2017-05-12 11:25 | Report Abuse

on 28 apr..heard d news CAB going for splitting excercise but addded surprise was d proposed bonusas well....so latest hear say TP b4 ex split n bonus ..will run till at least rm4...ur money ur bet...take care all

sheep

3,847 posts

Posted by sheep > 2017-05-12 11:54 | Report Abuse

sell on news, then go away. dont come back....huat aredi.tq

Posted by Leadtheway > 2017-05-12 12:08 | Report Abuse

this time maybe back to 2.60

adamant

387 posts

Posted by adamant > 2017-05-12 12:33 | Report Abuse

This is healthy correction. Insiders who throw will regret not buying back.

heaven123

1,900 posts

Posted by heaven123 > 2017-05-12 12:34 | Report Abuse

Pengsan already.

RichardC

14 posts

Posted by RichardC > 2017-05-12 13:27 | Report Abuse

Typical buy on rumours sell on news case.....

aikinlai

896 posts

Posted by aikinlai > 2017-05-12 14:05 | Report Abuse

Kok kok.......kok.....a bit tired. Let the chick rest. Red or green we must kok kok everyday.

aikinlai

896 posts

Posted by aikinlai > 2017-05-12 14:08 | Report Abuse

After today, more people will paid attention coz it warrant listed top 5 red ...kok....

weechin53

1,070 posts

Posted by weechin53 > 2017-05-12 14:33 | Report Abuse

Aikinlai you very happyoh?!

Posted by Leadtheway > 2017-05-12 14:45 | Report Abuse

adamant, u think u are smarter than insider? lol damn funny

adamant

387 posts

Posted by adamant > 2017-05-12 14:50 | Report Abuse

Which insider are you referring to? Are we talking about the same thing? LOL

Posted by Leadtheway > 2017-05-12 15:52 | Report Abuse

chicken runnnnnnnn

supermx2

1,885 posts

Posted by supermx2 > 2017-05-12 15:53 | Report Abuse

sold all at 295, chicken dying..Game over....swap other stocks, this stock is all over.

newbb

90 posts

Posted by newbb > 2017-05-12 15:54 | Report Abuse

insiders earned easy money.

super888

517 posts

Posted by super888 > 2017-05-12 16:02 | Report Abuse

inside trading ????????

Posted by Mohd Fahmi Bin Jaes > 2017-05-12 16:03 | Report Abuse

trading buy

aikinlai

896 posts

Posted by aikinlai > 2017-05-12 16:05 | Report Abuse

Weechin, all this while when the price hanging between 1.85 - 1.98, just only myself like silly kok here kok there. No body here also. Green or red, just kok. This is a life, got gain n lose. Most important i know why i buy into CAB.

aikinlai

896 posts

Posted by aikinlai > 2017-05-12 16:07 | Report Abuse

To me, every 2000 share end with 6250 share is good enough. Only the chick do not have luck like Gdex n Gkent still get gorenh after announcement.

aikinlai

896 posts

Posted by aikinlai > 2017-05-12 16:08 | Report Abuse

Nvm, this week i slaughter more chick to eat n support...kok

adamant

387 posts

Posted by adamant > 2017-05-12 16:17 | Report Abuse

aikinlai... i join u to kok kok.... go go chicken power

money888

430 posts

Posted by money888 > 2017-05-12 16:21 | Report Abuse

when is bonus issue?

adamant

387 posts

Posted by adamant > 2017-05-12 16:22 | Report Abuse

This is just a proposal. Wait for the announcement after meeting.

Posted by Mohd Fahmi Bin Jaes > 2017-05-12 16:23 | Report Abuse

tp 3.50

money888

430 posts

Posted by money888 > 2017-05-12 16:27 | Report Abuse

thanks adamant...when is the meeting?

money888

430 posts

Posted by money888 > 2017-05-12 16:32 | Report Abuse

support CAB...be greedy when ppl are fear

adamant

387 posts

Posted by adamant > 2017-05-12 16:36 | Report Abuse

Sorry money888. I dunno when is the meeting. But i agree with the phrase be greedy when people are fear. I buy warrants now. They are at a super premium compared to mother. Easily can convert and get the mother with RM 80 to 100 discount.

money888

430 posts

Posted by money888 > 2017-05-12 16:42 | Report Abuse

thanks adamant

sklyte

2,621 posts

Posted by sklyte > 2017-05-12 21:39 | Report Abuse

According to chart, cab always drop 2 days red, buy at 2.80 safest to enjoy split and bonus

heaven123

1,900 posts

Posted by heaven123 > 2017-05-12 22:50 | Report Abuse

After split price go down like today...sure mati guys.

heaven123

1,900 posts

Posted by heaven123 > 2017-05-12 22:51 | Report Abuse

There is riak factor to consider.

heaven123

1,900 posts

Posted by heaven123 > 2017-05-12 23:05 | Report Abuse

Anything below 1.00 after split and bonus sure loss money.

heaven123

1,900 posts

Posted by heaven123 > 2017-05-12 23:10 | Report Abuse

Sure make money if price acheive 6.30.that impossible with bad opening as today.

Posted by aries_saham > 2017-05-13 00:19 | Report Abuse

When people want to buy back always said bad thing. Selfish. ..

nocindycat

492 posts

Posted by nocindycat > 2017-05-13 02:46 | Report Abuse

one big black candle today, might drop further on monday, then can collect back on tuesday and hold for split plus bonus

happy888

518 posts

Posted by happy888 > 2017-05-13 05:14 | Report Abuse

KYY rule. It it makes money and continue to make even more.... hold it. Never try to guess correection. Even fong siling also agree that people loss more money anticipating correction. A retracement is healthy progress to gather stronger share holders

Shauns

212 posts

Posted by Shauns > 2017-05-13 11:28 | Report Abuse

Hi guys,
1)Just imagine average farm chicken price per kg was RM5.15 ( each chicken was about RM2.2 kg) for Jan to Mar 2017 as compared to Q1 (Oct to Dec 2016) RM4.7 per kg. in Q2 2017, CAB chicken capacity was 5.5 million per month.

Based on above chicken price increase, how much increased net profit will be for Q2 2017?

Estimated net profit for Q2 2017:RM22 million
Q1 2017 net profit of RM7 mil ( based on RM4.7/kg of chicken + increased profit of RM15 mil ( based on RM5.15 per kg of chicken) .

2) Don't forget, CAB chicken capacity will increase further by 2.5 mil per month based on completion of Farm Best poultry by roughly end of May 2017. This will increase net profit as well as its slaughter house capacity from current 100,000 chicken per day to .....( not sure) which will improve profit margin.

3) CAB has very good business chain: from feed mill, poultry, processing, marketing ( supermarket and restaurants client - Taxes, Marrybrown, Chicken Rice...,) and export to Singapore.

4) JV with Salim Group in Indonesia where chicken consumption per capita is about 7kg per year as compared to Malaysia is about 40kg per year and Salim Group has 500 KFC restaurants in Indonesia. This effect might take in 2019 due to completion of poultry in Jakarta will take a year.

5 ) CAB will consider exporting chicken to Japan as its capacity is double that might happen in 2018 and collaboration with FELCRA as well.

Most importantly and recently, "how CAB management increases its shareholders wealth by its activities" such as it's increase in chicken capacity per month will increase its net profit significantly as mentioned above and improve its profit margin (via acquisition synergy) as well. Wait and see coming Q2 and Q3 financial result as a good CAB performance evidence. Hope these estimates will help you and Happy investment !

Posted by aries_saham > 2017-05-13 11:34 | Report Abuse

Good posting will attract contra player. Which is not good for price movement. If want healthy increase in price better silent in CAB i3. No comments is better.

loonlee

11 posts

Posted by loonlee > 2017-05-13 11:46 | Report Abuse

Looking good next 2 qtr as Shaun analysis . Raya is near around conner consumption chicken will be higher (Mohd Fahmi's attachment) sure good result would be reflected in Q2&Q3. Guys, The short term correction is expected however we should look at longer term potential return is greater ( wealth creation from the split + bonus) . Guys, Happy investment .

heaven123

1,900 posts

Posted by heaven123 > 2017-05-13 17:23 | Report Abuse

2 : 5 : 4 = 6.25/2.94 = 0.90 after split & bonus.

heaven123

1,900 posts

Posted by heaven123 > 2017-05-13 17:30 | Report Abuse

2 : 5 : 4 = 6.25 / 5.88 = 0.94. Its impossible to push current price up. Unless there is .....

However, Indonesia is the next game charge after the sulit and bonus.

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