Have you all seen the announcement about the conversion warrant to mother share ? What’s the meaning ? Where this mother shares came from after converted ?
It seems like China had to culled its chicken due to fear of covid19 epidemic, in millions. Company can expand to live chicken export to China market. It is unlimited market to serve with.
40% export to Hong Kong. Dont play play. Currently China (Hong Kong supply very relied on China) have high potential unable to start their full capacity of production and this is a great opportunities to Teo Seng.
Lets toy around with this: take tesco chicken fillet where its RM 8.99 for 400 g (total 92 g protein) and eggs around RM 6 for 10 (total 70 g protein). For 1 buck, you get 10.2 g protein from chicken whereas you get 11.7 g protein from eggs. Eggs are also easy to prepare and versatile (breakfast and literally any meal)
Teoseng has amazingly high profit margin, very good counter to invest. Can also look into leong hup intertional who own teoseng at least 58%. Very high potential counter
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sebastian Power
3,429 posts
Posted by Sebastian Power > 2020-01-30 15:10 | Report Abuse
now all crazy gloves, next will be goreng TELOR. Makan more important than everything else
https://www.thestar.com.my/business/business-news/2020/01/30/300-million-chickens-at-edge-of-death-on-hubei-lockdown