Posted by harvest6138 > 2 months ago | Report Abuse

ha ..just hope management generous enough this round to reward the share holder , I did not see any expansion plan revealed recently (except the plan to increase production from 4 to 4.8m eggs/day ) , so , they should not need big Capex reserve ...

Posted by Ledangking > 2 months ago | Report Abuse

Result just out. Eps 11.59 sen with 2.5 Sen divy declared.

Posted by harvest6138 > 2 months ago | Report Abuse

If we don't consider the subsidy from government , this QR result actually much better than the previous one , I use revenue minus the cost and the Q423 is roughly 11.2% margin , however , they achieve roughly 17% in this QR , believe mainly contributed by lower feed cost , if this can be sustained , next QR should be even better as they may receive higher subsidy in next q ..

Posted by Ledangking > 2 months ago | Report Abuse

If compare to last year same quarter, subsidy from gov also nearly 100% lesser.

Posted by Ledangking > 2 months ago | Report Abuse

Also another milestone for TS on this quarter is turning from net debt to net cash company..

Posted by Ledangking > 2 months ago | Report Abuse

Also feedcost still low compare yoy, should have another good quarter ahead..

Posted by harvest6138 > 2 months ago | Report Abuse

If I added all the other income in Fy23 ( mainly subsidy from government ) , it was about 100m , which means each quarter should be around 25m , since this quarter only recorded 9m of subsidy from government , that means still have another 16m outstanding yet to be paid to company , that explains why in FY23 they received 54m in one single quarter ...

Posted by Trianon > 2 months ago | Report Abuse

Teo Seng Capital Bhd's first quarter net profit rose 42.11% to RM34 million from RM19.68 million a year ago, on higher egg sales, improved raw material costs, and government subsidies that eased operational expenses.

https://theedgemalaysia.com/node/711543

Posted by LubeTrader > 2 months ago | Report Abuse

The selldown today is due to retail investors taking profit and capital to chase glove counters? Open for discussion, anyone?

Posted by harvest6138 > 2 months ago | Report Abuse

the TS share price start dropping since LHI released the QR , may be a good QR from LHI can help to boost the confidence on this segment .. anyway , the government policy shall be another crucial factor , if government stop the subsidy after 1H24 and remove the ceiling price control , then could be a good news for company as the egg price expected to be up 10 sens per egg where the current subsidy is 8sens per egg , on top of that , price can be adjusted based on demand and feed cost , should be a good things for company ..

Posted by BornToSpeculate > 2 months ago | Report Abuse

lubetrader twhen a good QR comes out and the stock doesnt jump, some ppl to move on. there is no one operating this counter as u can see from the volume and the way its traded and so its largely supported by retail.

i dont think the flow went to glove coz if u are invested here, u probably wouldnt buy gloves which are all financially bad now and just based on a distant tarriff in 2026. thats 1.5 years to go. anything can happen

Posted by Trianon > 2 months ago | Report Abuse

Can't deem them as 'investors'. They are traders, LubeTrader

Posted by MalaysiaEquityGuide > 2 months ago | Report Abuse

Genting Bhd Technical and Fundamental analysis good video
https://youtu.be/CJfHNjr3wUQ

for Bauto : https://www.youtube.com/watch?v=zenNKbnf4dU

Posted by Simonalibaba > 2 months ago | Report Abuse

有风吹草动

Posted by skl_81 > 2 months ago | Report Abuse

为什么你不一起涨？？😥

Posted by MULTIEVER > 2 months ago | Report Abuse

前面他涨最多最凶，世上哪有没脚的鸟儿一直飞？
总得有落地休息的时候

Posted by Trianon > 2 months ago | Report Abuse

Teo Seng plans to focus on integrated layer farming and poultry-related products for future growth. Hence, they acquired 104.87 acres of land for future layer farming expansion

Posted by Simonalibaba > 2 months ago | Report Abuse

无风不起浪。

Posted by 167697 > 2 months ago | Report Abuse

Prepare for swing up!!! most probably> 20%

Posted by harvest6138 > 2 months ago | Report Abuse

Without the subsidy , the profit should be around 100m/year if the corn price remain low as expected , last year they receive 100m subsidy from government , that means the annual profit should be around 150 to 200m depends on subsidy policy which suppose to be expired in June 2024 .. hope management give more dividend /free shares later ..

Posted by Trianon > 2 months ago | Report Abuse

Ya, hopefully they will pay out 50% of net profit as dividend this financial year

https://teoseng.com.my/wp-content/uploads/2020/04/8.-Dividend-Policy-Reviewed-as-at-16-Mar-2018.pdf

Posted by Trianon > 1 month ago | Report Abuse

US records worst bird flu outbreak in two years at Iowa egg farm 😶

https://theedgemalaysia.com/node/713394

Posted by harvest6138 > 1 month ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/06/09/stable-supply-of-eggs-now#:~:text=When%20tabling%20Budget%202024%20last,were%20below%20the%20ceiling%20price.

Government should have announcement soon according to this report ...

Posted by Ledangking > 1 month ago | Report Abuse

How come this stock still no movement? Its peer like LHI has moving north lately..

Posted by Trianon > 1 month ago | Report Abuse

Be patient. Teo Seng is the next to surge

Posted by Trianon > 1 month ago | Report Abuse

3-sen reduction in egg prices is not good for the industry?

https://www.malaymail.com/news/malaysia/2024/06/19/consumers-welcome-egg-price-cut-but-want-broader-reductions-in-essential-food-items/140361

Posted by Simonalibaba > 1 month ago | Report Abuse

The govt requested a price cut so it will be subsidized to the poultry producers

Posted by Simonalibaba > 1 month ago | Report Abuse

And the market is short of egg supplies.

Posted by Trianon > 1 month ago | Report Abuse

Different place, different story. ha

https://www.malaymail.com/news/malaysia/2024/06/21/drop-in-eggs-prices-not-felt-much-by-kuching-consumers-grocery-store-owners-clueless/140764

Posted by Trianon > 1 month ago | Report Abuse

Reductions to retail prices for Grade A, B, and C chicken eggs to 42 sen, 40 sen and 38 sen per egg respectively, effective from June 17.

https://www.thestar.com.my/news/nation/2024/06/26/no-cracks-in-egg-sale-under-new-ceiling-price

Posted by harvest6138 > 2 weeks ago | Report Abuse

corn future show downtrend , should be good news for poultry farm .. hope to see this reflect in coming QR ..

Posted by Trianon > 2 weeks ago | Report Abuse

We will find out next month 🤓

Posted by Simonalibaba > 2 weeks ago | Report Abuse

风吹草动

Posted by Trianon > 1 week ago | Report Abuse

Not Malaysia...? Our neighbour ... 😐

https://tuoitrenews.vn/news/business/20240714/singapore-seeks-to-import-meat-eggs-from-vietnam/80941.html

Posted by fruitcake > 1 week ago | Report Abuse

maybe vietnam eggs have double eggyolk 😂😂

Posted by fruitcake > 1 week ago | Report Abuse

our eggyolks maybe missing🤣🤣. very common in bolehland

Posted by Xinzer2000 > 1 week ago | Report Abuse

Vol increased since last Friday. Price going to shoot up?

Posted by cchin > 1 week ago | Report Abuse

break 2.00 soon

Posted by troy88 > 1 week ago | Report Abuse

Sleepy egg head bangun already?

Posted by fruitcake > 1 week ago | Report Abuse

😘😘🤑🤑

Posted by stncws > 1 week ago | Report Abuse

Qr play now until 15/8..can be winner

Posted by fruitcake > 1 week ago | Report Abuse

setting up telur hub. go go go

Posted by Trianon > 1 week ago | Report Abuse

above RM2 before its QR is out 😀

Posted by fruitcake > 1 week ago | Report Abuse

habis. telur pecah

Posted by fruitcake > 3 days ago | Report Abuse

telur petang masak!

Posted by fruitcake > 1 day ago | Report Abuse

director dealing during Closed Period. acquiring or dumping? doesnt look good. bahaya eh!!💀☠

Posted by harvest6138 > 22 hours ago | Report Abuse

https://www.klsescreener.com/v2/announcements/view/7434097

Company shall use this money for the repayment of bank borrowing according to Nov 23 announcement , so we shall see the debt further reduce in Q3 24 , Teo Seng shall become the net cash company soon if they can maintain the current EPS ...

Posted by Simonalibaba > 15 hours ago | Report Abuse

InvestPro fair value 2.75 with health score of 3.94 from 1-5. Which is excellent performance.

Posted by Simonalibaba > 15 hours ago | Report Abuse

Something is brewing

Posted by fruitcake > 14 hours ago | Report Abuse

what can an egg co. do apart from giving fat dividend or bonus issue? AI eggs hohoho