Posted by bowman > 2023-03-09 15:02 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1466917

Posted by Patron > 2023-03-16 10:25 | Report Abuse

wow looking great

Posted by wallstreetrookieNEW > 2023-03-16 10:44 | Report Abuse

CHICKEN

Posted by Patron > 2023-03-16 10:59 | Report Abuse

chart looking good. something is brewing

Posted by bowman > 2023-03-16 11:12 | Report Abuse

Crossover just happened - strengthening with increasing volume. News of dividend perhaps?

Posted by Patron > 2023-03-16 11:40 | Report Abuse

@bowman probably good news from Salim Group

Posted by DaitoRyu > 2023-03-16 16:48 | Report Abuse

@TheNormieinvestor, Did you just make that website a couple of days ago ;-)

Posted by troy88 > 2023-03-17 09:57 | Report Abuse

Very bullish!

Posted by eagleeye123 > 2023-03-17 11:10 | Report Abuse

chicken chicken

Posted by wallstreetrookieNEW > 2023-03-17 20:19 | Report Abuse

As soon The Edge published the name of the stock CAB, the stock dropped more than 10%

Posted by wallstreetrookieNEW > 2023-03-17 20:19 | Report Abuse

The Edge - criminal media

Posted by Patron > 2023-03-20 15:55 | Report Abuse

Day Old Chick is selling at all time high due to shortage of Grandparent chicks import from USA... All in.

Posted by wallstreetrookieNEW > 2023-03-20 17:29 | Report Abuse

Hopefully this time The Edge journalists can shut their mouth about our good stock CAB Cakaran and let the share price rise naturally

Posted by wallstreetrookieNEW > 2023-03-20 17:29 | Report Abuse

Yesterday, I almost got margin called at close. Dumbass at The Edge kept screwing over my position

Posted by wallstreetrookieNEW > 2023-03-20 17:34 | Report Abuse

Target price of RM1.30 still remains. Broiler chicken demand will stay elevated.

We live in a very complex macroeconomic situations. Yes, inflation may be over and raw material cost has been down significantly for producers. However, producers can still impose high prices on consumers with no tangible consequences. Consumers will always receive the short end of the stick in a deflationary environment.

In summary, companies like Cab Cakaran will always benefit regardless of whether the average production cost of broiler chicken goes up or down. This is a very interesting time we are living in

Posted by Patron > 2023-03-22 11:22 | Report Abuse

wow RM0.7
unusually quiet here.

Posted by Patron > 2023-03-23 11:52 | Report Abuse

get ready for the ramadan demand and Raya rally...

Posted by hng33 > 2023-03-23 12:50 | Report Abuse

Bought cab at 68.5sen

Posted by hng33 > 2023-03-24 12:52 | Report Abuse

Chicken and egg price not only increase locally, but also globally like in US, UK, taiwan etc. Feedstock cost like soya, corn are ease off and normalize back but selling price remain elevated. US currency also on weakness, further reduce import cost, boosting up profit margin. Ceiling price will be lifted in next 2 month, selling price will base on market demand

Posted by Patron > 2023-03-24 14:23 | Report Abuse

RM0.74...

Posted by Patron > 2023-03-26 11:47 | Report Abuse

https://www.facebook.com/100044206551060/posts/pfbid023qGLKPvW5EeGdnYFjbwUrxQXd4r39yGeLgNRSLdneKAvfB83cLRNwarVEC9Hva3Kl/?d=w&mibextid=ykz3hl

TP 1.1

Posted by nagasaran93 > 2023-03-27 11:29 | Report Abuse

WTFFF why price press down??? 6.1M volume traded, margin call???

Posted by hng33 > 2023-03-27 16:57 | Report Abuse

sold at 74.5-75sen, locked profit

Posted by nagasaran93 > 2023-03-28 09:53 | Report Abuse

WTF warrant drop the share price!

Posted by mf > 2023-03-28 09:55 | Report Abuse

rip

Posted by Patron > 2023-03-30 14:25 | Report Abuse

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

Posted by wallstreetrookieNEW > 2023-03-30 20:47 | Report Abuse

Expecting some form of profit-taking on Friday before resuming another round of rally.

Posted by wallstreetrookieNEW > 2023-04-03 11:50 | Report Abuse

We are in a truly unprecedented business environment. This is the era of Stagflation. Companies globally will continue to conduct layoffs, high unemployment will follow accompanied with high inflation. Get ready for second round of price inflation, be it broiler chicken price or energy/commodity prices.

Posted by Patron > 2023-04-04 15:18 | Report Abuse

push mother share up to goreng son. gogogo cab

Posted by GorengWatch > 2023-04-04 20:19 | Report Abuse

Usually on 1st trading day of warrants many will dump esp when warrants are free/bonus. Conversion cost is quite high at 63 sen. Mother shares will drop as well. Just remember this is not a blue chip nor hot counter but more like pump & dump.

Posted by Patron > 2023-04-05 22:21 | Report Abuse

https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/AYAM.pdf
https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/TELUR_AYAM.pdf

check the latest price trend of eggs & ayam

Posted by ChloeTai > 2023-04-06 11:05 | Report Abuse

Dear hng33, may I know the reason for you to buy many eggs and poultry counters? I have collected a few CAB only for its coming warrants.

Posted by GorengWatch > 2023-04-06 17:51 | Report Abuse

Warrant exercise price is 63 not 62.
Annualising EPS using the best quarter is overstating.
Bursa counters doesn’t seem to care much about PE. QL PE is >40. OSK <5
It’s all about goreng. NGNG no goreng no go, after goreng become musical chair.

Posted by ChloeTai > 2023-04-07 08:33 | Report Abuse

Dear hng33, now the price of CAB is 0.755. The exercise is RM0.63. The difference is + RM0.125. Do you know how to calculate the adjusted price after the mother share after ex-bonus?

Posted by ChloeTai > 2023-04-07 08:35 | Report Abuse

Dear hng33, now the price of CAB is 0.755. The exercise is RM0.63. The difference is + RM0.125. Do you know how to calculate the adjusted price of the mother share after ex-bonus?

Posted by GorengWatch > 2023-04-07 16:36 | Report Abuse

Price being controlled by player in range 0.70-0.76 until warrant listing. There after price will drop, warrant may be worth pennies only.

Posted by Patron > 2023-04-13 10:54 | Report Abuse

Cab has been making alot of monies from selling Day Old Chicks which is selling at crazy RM3.8. Q1 PAT will be at least RM50m IMO.

Posted by supersaiyan3 > 2023-04-14 00:31 | Report Abuse

RM3.8! really crazy! If can maintain 50m PE only 3.x.

I bought some, but like LHI more.

Posted by supersaiyan3 > 2023-04-17 12:11 | Report Abuse

So this Loo Choo Gee out of the game and sold 3m shares. He is 60 y.o. veteran so I guess some impact also. I believe he still keep some stocks so it should not be anything to be worry about.

Anybody has insight?

Posted by Patron > 2023-04-17 14:58 | Report Abuse

@supersaiyan3
IMO all these veterans (regardless any industry) always have their own biased views (tend to be overly bearish) towards the industry.
i had talked to FLFAM insiders , some private and public listed companies in the past 2 years i will say 99% of them are extremely bearish towards poultry industry but the result speaks otherwise.

Posted by Patron > 2023-04-17 15:03 | Report Abuse

DOC price has come down a little due to weak demand after 45 days - post ramadan effects. but the profit expected to be good in the next few quarters. dont forget the free float policy after june ( state elections to be precise ).

Posted by GorengWatch > 2023-04-17 17:42 | Report Abuse

Counters like CAB are low volume to dormant because majority shareholders are not interested in share price. All trades are tightly controlled. If you make money be wise. Don’t be forced to act against your interests.

Posted by raymondlim > 2023-04-17 19:39 | Report Abuse

patron can cab achieve a 100 million profit this year based on your analysis?

Posted by Patron > 2023-04-17 20:27 | Report Abuse

@raymondlim
i am looking at 100-120m this year.
Subsidies + price cap is actually good for big broilers players ( not layers ). market share has been increasing a lot in the past 2 years.
now the GP stocks are in huge shortage due to bird flu- expect the DOC price to remain high in the near future. Those who control the GP stocks farming will make huge profits in the next 2-3 quarters

Posted by GorengWatch > 2023-04-18 02:08 | Report Abuse

Agree with @patron broiler companies will be profitable next 2 quarters at least. However in the case of CAB we’re at the mercy of the largest shareholder (family holding > 50%). They will dictate the price. Only way to play this counter is follow trend by big player, don’t be greedy and bear in mind fundamental analysis may not work for this counter. Lock in profit whenever able.

Posted by raymondlim > 2023-04-18 09:31 | Report Abuse

Thanks @patron. The price doesn’t reflect the value of the company.

Posted by Patron > 2023-04-18 11:11 | Report Abuse

@GorengWatch yes freefloat is very low.
@raymondlim poultry is unpopular among funds/ retailers and tightly controlled by insiders (sadly most of them are farmers who dont quite understand how financial market works)
also its a low margin cyclical industry. profit cycle moves up and down rapidly. risk premium is huge. invest at your own risk.

Posted by GorengWatch > 2023-04-19 11:25 | Report Abuse

Good counter with potentially better quarters ahead but price is down and undervalued. Why? Family controlled business with >50% shareholding and controlling price.

Posted by Patron > 2023-04-19 11:58 | Report Abuse

actually whole industry is undervalued.
PWF ,CCK just announced their highest dividend ever
LHI just resumed its dividend payout
CAB announced free warrants
LTKM privatized
SinMah divested its poultry business

whole industry barely move.

Posted by Patron > 2023-04-19 11:59 | Report Abuse

layhong too had resumed its dividend policy after 2 years pause.