TEO SENG CAPITAL BHD

KLSE (MYR): TEOSENG (7252)

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Last Price

2.35

Today's Change

+0.05 (2.17%)

Day's Change

2.30 - 2.35

Trading Volume

316,000


7 people like this.

6,275 comment(s). Last comment by Trianon 4 days ago

Sslee

6,957 posts

Posted by Sslee > 2 months ago | Report Abuse

The question why chase up Teo Seng but not LTKM?

Posted by BornToSpeculate > 2 months ago | Report Abuse

For so many reasons. Teo Seng is no 1 producer, most efficient. Highest margin. Cash rich. Related to LHI.

Posted by harvest6138 > 2 months ago | Report Abuse

We should see one off 26mil gain (sold Singapore asset ) as well .. If government paid all the subsidy on time , teh next QR profit may be is another record high again with all these income ...

TSN001

5 posts

Posted by TSN001 > 2 months ago | Report Abuse

If i am not mistaken, Singapore asset was sold at almost book value, so no disposal gain.

Posted by harvest6138 > 2 months ago | Report Abuse

The Disposal Consideration is expected to be used by Teo Seng and/or its subsidiaries
(“Teo Seng Group”) for repayment of bank borrowings and/or working capital.

Management invested this asset in 2015 , and the currency is 1 to 2.69 at that time , even they sold at book value , should see some cash return based on currency and depreciated value in past 9 years.. that shall make their cash position stronger that before ..

Trianon

231 posts

Posted by Trianon > 2 months ago | Report Abuse

Teo Seng continues to egg-celerating 🚅

klee

3,528 posts

Posted by klee > 2 months ago | Report Abuse

Poultry stocks flying to the moon.
RM3 for teoseng is fair n reasonable.

Posted by Simonalibaba > 2 months ago | Report Abuse

Teoseng fair value 3.03

LubeTrader

263 posts

Posted by LubeTrader > 2 months ago | Report Abuse

@Simonalibaba, how do you derive at this value? You better not pluck from the sky lo....haha

Trianon

231 posts

Posted by Trianon > 2 months ago | Report Abuse

That's is egg (ache) -ing 🤕

LubeTrader

263 posts

Posted by LubeTrader > 2 months ago | Report Abuse

Good news for egg producers in the long run but the brekky roti telur price will go up for sure

stncws

10,720 posts

Posted by stncws > 2 months ago | Report Abuse

Later bomb shell coming...

hng33

20,486 posts

Posted by hng33 > 2 months ago | Report Abuse

The impact on egg producer is alike last year chicken producer ending subsidy, stock like CAB earning decrease significantly after chicken subsidy ended

stncws

10,720 posts

Posted by stncws > 2 months ago | Report Abuse

Suppoelrt rm2.20

hng33

20,486 posts

Posted by hng33 > 2 months ago | Report Abuse

The major impact after ending gov subsidy will increase egg market competition, as egg producer cannot rely on subsidy as profit. Egg producer will force to launch price war to protect their market share

Posted by harvest6138 > 2 months ago | Report Abuse

Based on Q2 result, Teoseng still can make EPS 8sens without the subsidy (they receive 900k of subsidy in Q2 only , that is insignificant )..

hng33

20,486 posts

Posted by hng33 > 2 months ago | Report Abuse

The problem is other egg producers will compete aggressively with teoseng, as without gov subsidy other egg producer need greater promotion to fight market share and their profit.

Therefore, once gov end egg subsidy, active competition among egg producer will increase instead of current more passive competition due to gov subsidy support

hng33

20,486 posts

Posted by hng33 > 2 months ago | Report Abuse

The subsidy for chicken was terminated on Nov 1 last year, following which, the supply and price of chicken became more stable.

"When we took the unpopular decision of ending the chicken subsidy, many people belittled our efforts, saying that the price of chicken would soar.

Alhamdulillah, after the subsidy was terminated, the price of chicken no longer soared, and more importantly, the country benefited by saving RM100mil a month," he said – Bernama

Chicken price before subsidy cut amd ceilings price cap is RM 9.40/kg

After gov remove ceilings price and end chicken subsidy, market selling for chicken now at around RM 8/kg. Main chicken stock listed in bursa are CAB, CCK and Mflour (dinding)

cchin

574 posts

Posted by cchin > 2 months ago | Report Abuse

Mixed reactions. Long awaited subsidy removal. Long term good prospect for Teo Seng

LubeTrader

263 posts

Posted by LubeTrader > 1 month ago | Report Abuse

In 2022, Malaysia exported $154M in Eggs. The main destinations of Malaysia exports on Eggs were Singapore ($138M), Hong Kong ($6.73M), Brunei ($3.24M), Maldives ($2.04M), and Timor-Leste ($1.5M).

Trianon

231 posts

Posted by Trianon > 1 month ago | Report Abuse

awesome, Teoseng is still egg-celerating regardless subsidy cancellation

katara

264 posts

Posted by katara > 1 month ago | Report Abuse

Given the economies of scale and its integrated business model, Chew(Lhi CFO) believes Lhi and its subsidiary Teoseng will be well shielded from any adverse effects (removal of subsidy for chicken eggs). --The Edge 14.10.2024

katara

264 posts

Posted by katara > 1 month ago | Report Abuse

no news of removal in budget 2025 is good news for chicken eggs

LubeTrader

263 posts

Posted by LubeTrader > 1 month ago | Report Abuse

Congrats to all holders unfazed by the news of the subsidy removal. Those with the gumption to buy in on the sell-off on that fateful day is laughing all the way to the bank today.

LubeTrader

263 posts

Posted by LubeTrader > 1 month ago | Report Abuse

Teo Seng Capital (TSCB MK, NOT RATED, FV: MYR4.26)
“Egg-ceptional” Value, Golden Yields Ahead
Trading Idea

♦️ MYR4.26 FV based on 7.5x FY25F P/E. Teo Seng Capital is well-positioned to sustain strong earnings through cost efficiencies and steady demand driven by population growth and tourism. Benefiting from favourable market conditions ie strengthening MYR and lower feed costs, its resilient performance is further supported by its planned distribution centre in Pahang, which will bolster supply chain efficiency for its top mini-market chain client. With attractive dividend yields of 10.3% (annualised) and 7.2% for 2H24F and FY25F, TSCB should be rerated from its low 4.2x FY25F P/E.

♦️ Link to report: https://research.rhbtradesmart.com/files_preview?hash=8c38140e-e63f-4b00-9ce9-098d5f963c18

Posted by Simonalibaba > 1 month ago | Report Abuse

I am also too lazy to speak about it Already. Just enjoy the reaping own self and dance own self , shock sendiri cukup

Posted by Simonalibaba > 1 month ago | Report Abuse

3.5 already syok until cannot speak

Posted by BornToSpeculate > 1 month ago | Report Abuse

@simonalibaba long time no see bro. your still here. i thought u sold off earlier

cchin

574 posts

Posted by cchin > 1 month ago | Report Abuse

TEO SENG CAPITAL BERHAD ("TSCB" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF 300,008,175 NEW ORDINARY SHARES IN TSCB ("TSCB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING TSCB SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

katara

264 posts

Posted by katara > 1 month ago | Report Abuse

Ts last bonus issue was Jan2015 1:2

Abba84

989 posts

Posted by Abba84 > 1 month ago | Report Abuse

Eggs dropped, despite bonus! 🧐 Y?

katara

264 posts

Posted by katara > 1 month ago | Report Abuse

buy

cchin

574 posts

Posted by cchin > 1 month ago | Report Abuse

heading to 3.00 before Q3 report announcement in Nov

katara

264 posts

Posted by katara > 1 month ago | Report Abuse

above 3 b4 bonus issue ex ..

Trianon

231 posts

Posted by Trianon > 1 month ago | Report Abuse

very very egg-cellent price movement and expect q3 report will be egg-cellent too 😀

katara

264 posts

Posted by katara > 3 weeks ago | Report Abuse

this QR is going to be v good

katara

264 posts

Posted by katara > 3 weeks ago | Report Abuse

the last QR/Q4 will be very good too

TSN001

5 posts

Posted by TSN001 > 3 weeks ago | Report Abuse

What a big disappointment!! good results, good dividend, good prospects, but......

troy88

3,058 posts

Posted by troy88 > 3 weeks ago | Report Abuse

Bursa is a joke of a pump and dump market.

katara

264 posts

Posted by katara > 3 weeks ago | Report Abuse

just keep ..

markgold

325 posts

Posted by markgold > 3 weeks ago | Report Abuse

What is the relationship of this Malay girl with Teo Seng ??? Is she eat Teo Seng eggs every day ???

StarOfTheBull

8,037 posts

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Bigger dividend is needed to boost the share price. Another benefit is to avoid that 2% dividend tax next year. See Lysaght, MSC and Kossan.

markgold

325 posts

Posted by markgold > 2 weeks ago | Report Abuse

If Teo seng is in IT industry, the share price easily above RM5.00

Trianon

231 posts

Posted by Trianon > 2 weeks ago | Report Abuse

If Teo Seng expanded into plantation field before, it would be RM5 now. ha

markgold

325 posts

Posted by markgold > 2 weeks ago | Report Abuse

Lack of big investors, the share price drop bit by bit.

katara

264 posts

Posted by katara > 1 week ago | Report Abuse

bonus 1:1 11.12.2024 ex

Trianon

231 posts

Posted by Trianon > 4 days ago | Report Abuse

One more week to buy in order to entitle the free shares 🏃

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