Posted by wahidul > 2024-02-05 15:59 | Report Abuse

new target price from HLIB 2.43,golden egg,good dividends coming

Posted by Simonalibaba > 2024-02-05 19:49 | Report Abuse

Forecast. We raise our previous FY23/24/25 core net profit forecasts by
50.9%/93.5%/35.8%, mainly to account for higher subsidies for eggs, lower
production cost assumption for eggs, and higher EBIT margin assumption for animal
health products. In our forecasts, we are assuming that government subsidies for
eggs will remain until end-1H24.
Dividend. Teo Seng has resumed its dividend policy since 1Q23 and has been
consistently paying dividends on quarterly basis. Assuming 30% dividend payout
ratio (which is well within Teo Seng’s dividend policy of 20-50%), we project a total
DPS of 15 sen for FY23 (which in turn translates to a DPS of 7 sen for 4Q23).
Fair value of RM2.43. Following the upward revision in our core net profit forecasts,
we now value Teo Seng at RM2.43 (vs. RM1.31 earlier) based on 6x revised FY24
core EPS of 40.5 sen.

Posted by Simonalibaba > 2024-02-05 19:52 | Report Abuse

Expecting another 7 sen of div!
air Value: RM2.43
Previously: -
Current Price: RM1.84
Capital upside 32.1%
Dividend yield 8.2%
Expected total return 40.2%(36% as 4% already paid)

Posted by troy88 > 2024-02-06 09:51 | Report Abuse

Steadily rising despite CNY profit taking in bursa..

Posted by pang72 > 2024-02-06 21:55 | Report Abuse

https://www.orientaldaily.com.my/news/business/2024/02/06/629276

财经
发布于 2024年02月06日 19时06分 • 最后更新 2小时前 • 整理：王志荥
年货股终现“买气” 　这只鸡蛋股惊艳全场！

It's true that eggs as new year stock beside beer... Because of cookies demand!!

Posted by markgold > 2024-02-07 10:59 | Report Abuse

Hopefully more investment banks will talk about this counter.

Posted by wahidul > 2024-02-07 16:33 | Report Abuse

so far only HLIB covering this stock

Posted by markgold > 2024-02-07 16:39 | Report Abuse

Be patient. If this quarterly result is better than expected than more investment banks will cover this counter.

Posted by pang72 > 2024-02-07 19:07 | Report Abuse

OTHERS TEO SENG CAPITAL BERAHD ("TEO SENG" OR "COMPANY") JOINT VENTURE CUM SHAREHOLDERS AGREEMENT BETWEEN RITMA PRESTASI SDN. BHD. A WHOLLY OWNED SUBSIDIARY OF TEO SENG AND SHANGHAI XIASHU INTELLIGENT TECHNOLOGY CO., LTD.
Company Name TEO SENG CAPITAL BERHAD
Stock Name TEOSENG
Date Announced 07 Feb 2024
Category General Announcement for PLC
Reference Number GA1-22012024-00008
Type Announcement
Subject OTHERS
Description TEO SENG CAPITAL BERAHD ("TEO SENG" OR "COMPANY")
JOINT VENTURE CUM SHAREHOLDERS AGREEMENT BETWEEN RITMA PRESTASI SDN. BHD. A WHOLLY OWNED SUBSIDIARY OF TEO SENG AND SHANGHAI XIASHU INTELLIGENT TECHNOLOGY CO., LTD.
The Board of Directors (“Board”) of Teo Seng wishes to announce that Ritma Prestasi Sdn. Bhd., (“Ritma Prestasi”) a wholly-owned subsidiary of Teo Seng had on 7 February 2024 entered into a Joint Venture cum Shareholders Agreement (“Agreement”) with Shanghai Xiashu Intelligent Technology Co., Ltd. (“Shanghai Xiashu”) to jointly set up a joint venture company in Malaysia, namely Trendata Science Sdn. Bhd. (“Trendata Science”) engaging in business of research and development, setting up of data server, sales of products and services related to intelligent agricultural machinery, equipment and robot (“Joint Venture”).



Please refer to the details of the announcement in the attachment.



This announcement is dated 7 February 2024.

Posted by pang72 > 2024-02-07 19:09 | Report Abuse

Teo SENG venture into poultry AI.
The management is evolving and up to the trend now

Posted by Simonalibaba > 2024-02-07 20:04 | Report Abuse

So valuations based on AI poultry? 3.90?

Posted by Simonalibaba > 2024-02-08 09:00 | Report Abuse

KUALA LUMPUR (Feb 8): RHB Retail Research said Teo Seng Capital Bhd is set to move higher after breaking past the RM1.93 immediate resistance level, forming a higher bullish pattern.

In a trading stocks note on Thursday, the research house said that the bullish bias above this level may drive the stock upwards towards RM2.10, followed by the next resistance level at RM2.20.

“However, a fall below the RM1.77 support level would invalidate the bullish setup, as the stock would be trading below the 21-day simple moving average line,” it said.

Posted by troy88 > 2024-02-08 09:16 | Report Abuse

As predicted, passed RM2 without any issues despite CNY profit taking. More upside to come..

Posted by pang72 > 2024-02-08 11:01 | Report Abuse

Strong upside for this telur

Posted by pang72 > 2024-02-08 11:02 | Report Abuse

We got AI prime minister..
We got AI telur juga-Teoseng

Posted by pang72 > 2024-02-08 11:02 | Report Abuse

Let's the market realise this AI telur..

Posted by pang72 > 2024-02-08 19:03 | Report Abuse

AI telur kena squeeze to $1.93 in the morning, maybe AI monitor is Off... Forgot to turn ON

Posted by pang72 > 2024-02-08 19:04 | Report Abuse

After AI function on and detected abnormality. Self adjustment was done. Back to $2.01

Posted by troy88 > 2024-02-09 09:23 | Report Abuse

Still very much undervalued even at RM2. PE is too low for such strong growth. Should be at least half of QL

Posted by pang72 > 2024-02-09 16:56 | Report Abuse

No one dare to sell down AI telur in the morning because they scare to buy back at higher price after AI monitoring capture their naive behaviour..

Congrate and happy new year to all AI lover

Posted by troy88 > 2024-02-13 09:23 | Report Abuse

Still cheap in low 2s. Later will rise up to high 2s.

Posted by kk7198 > 2024-02-13 14:03 | Report Abuse

Yeah, very true.

Posted by markgold > 2024-02-13 14:36 | Report Abuse

This is New QL .

Posted by pang72 > 2024-02-13 18:02 | Report Abuse

AI telur power sia..
Give Angpow

Posted by Simonalibaba > 2024-02-14 09:40 | Report Abuse

I wonder if they are going to announce free warrant and bonus?

Posted by naruto97 > 2024-02-14 11:43 | Report Abuse

Finally become golden egg ..... not sure to sell or keep holding for div

Posted by kk7198 > 2024-02-14 13:16 | Report Abuse

Better not to give bonus issue. Best to remain at 300 mil with high price. Ang mohs seldom give free bonus like Nestle, Hein n Carlsberg so that their prices renain high.

Posted by pang72 > 2024-02-14 14:06 | Report Abuse

Last bonus 2015 which was 9 years ago.
Look like bonus is very likely else eps will be remain high..
Of course, share price continue go up till unaffordable..

Posted by markgold > 2024-02-14 14:32 | Report Abuse

I agree with KK7198. Giving handsome dividend quarterly is better. The share price sure will go uptrend and become the next QL.

Posted by pang72 > 2024-02-14 15:49 | Report Abuse

I got no special preference..either bonus share/warrant or dividend will attract the interest from different investors

Posted by kk7198 > 2024-02-15 10:11 | Report Abuse

3% dividend ex- tomorrow. Hope to get 5% and 10% soon.Agreed with markgold, big dividend is better than free bonus. See Topglove after 2 for 1 bonus, LWC also can't control the huge free floats.

Posted by warrantKing > 2024-02-16 23:28 | Report Abuse

RM 3 mari mariiii

Posted by wahidul > 2024-02-20 11:37 | Report Abuse

golden egg

Posted by Simonalibaba > 2024-02-20 15:04 | Report Abuse

🤣

Posted by wahidul > 2024-02-20 16:04 | Report Abuse

bumper dividend for sure,at least worth rm3.50

Posted by wahidul > 2024-02-20 18:29 | Report Abuse

great results EPS 52cts

Posted by Cakes Moon > 2024-02-20 18:36 | Report Abuse

Result is superb, RM5 stock!!!

Posted by pang72 > 2024-02-20 18:52 | Report Abuse

AI telur reported Eps22.8c
I keep quiet only..
I dont know what to say.
Let the market decide tomorrow

Posted by Simonalibaba > 2024-02-20 21:42 | Report Abuse

2.5 open

Posted by sugerdad > 2024-02-20 22:13 | Report Abuse

y no dividend

Posted by katara > 2024-02-20 23:11 | Report Abuse

wow fair value between 3-6

Posted by Ledangking > 2024-02-20 23:12 | Report Abuse

If you remove egg subsidies then EPS is not that much..

Posted by skyjet > 2024-02-20 23:18 | Report Abuse

Other income 54.223 millions.

Posted by Ledangking > 2024-02-20 23:24 | Report Abuse

borrowing also has been significantly reduced from 118mil to 60mil qoq. Bravo TS.

Posted by pang72 > 2024-02-21 00:02 | Report Abuse

I thought opening limit up liao...2.5 too conservative :)

Posted by pang72 > 2024-02-21 00:02 | Report Abuse

2.99 limit up...
Happy dragon year for AI telur!

Posted by katara > 2024-02-21 09:14 | Report Abuse

2.35

Posted by smoking > 2024-02-21 09:20 | Report Abuse

bow chow ccc aa! Sell and secure profit. Profit is not sustainable it seems

Posted by skyjet > 2024-02-21 09:21 | Report Abuse

I ald gave hint last night. Other income 54.223 millions. So don't chase high.

Posted by pang72 > 2024-02-21 09:30 | Report Abuse

Continue to add 2.26