2015 only a few choices left. Consumer and healthcare. Other sectors are as good as dead. I believe in cab as well. Free warrants is just amazing. When will wa ex guys?
PROPOSED ACQUISITION BY CAB OF 235,000 ORDINARY SHARES OF SGD1.00 EACH AND 20,000 MANAGEMENT SHARES OF SGD1.00 EACH IN TONG HUAT POULTRY PROCESSING FACTORY PTE LTD ("THPPF"), REPRESENTING 51% OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL OF THPPF FOR A TOTAL PURCHASE CONSIDERATION OF SGD7,430,437 TO BE SATISFIED BY WAY OF COMBINATION OF CASH AND ISSUANCE OF ORDINARY SHARES OF RM0.50 EACH IN CAB ("PROPOSED ACQUISITION")
SOYBEAN price broke down the psychology level of USD1,000 for May' 15 contract. At noon it has plunged another 4.43% to further break down the price to USD 986.
The weakening price of soybean(feed mill) is directly boosts up the product margin in egg industries.
I wonder why the business background for this stock given here is about supplying camping and outdoor merchandise and not poultry business??? Anyone knows??
Of the view the next immediate TP (by end March) ranging btwn RM1.13 to RM1.18. Moving fwd RM1.20 and beyond....very likely never look back therefater....
It's been removed from the FTSE Bursa Malaysia list of Small Cap companies, hence fund(s) had to dispose of it... Fundamentals still intact, if not better now :)
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Posted by airolikmar > 2014-12-23 10:14 | Report Abuse
cab my only hope