Posted by LubeTrader > 2024-05-15 12:11 | 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 > 2024-05-15 14:50 | 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 > 2024-05-16 07:03 | 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 > 2024-05-17 12:32 | Report Abuse

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

Posted by MalaysiaEquityGuide > 2024-05-19 19:25 | 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 > 2024-05-20 10:46 | Report Abuse

有风吹草动

Posted by skl_81 > 2024-05-20 15:36 | Report Abuse

为什么你不一起涨？？😥

Posted by MULTIEVER > 2024-05-20 15:42 | 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 > 2024-05-21 12:06 | 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 > 2024-05-21 20:11 | Report Abuse

无风不起浪。

Posted by 167697 > 2024-05-22 03:08 | Report Abuse

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

Posted by harvest6138 > 2024-05-22 10:20 | 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 > 2024-05-24 18:06 | 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 > 2 months ago | Report Abuse

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

https://theedgemalaysia.com/node/713394

Posted by harvest6138 > 2 months 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 > 2 months ago | Report Abuse

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

Posted by Trianon > 2 months ago | Report Abuse

Be patient. Teo Seng is the next to surge

Posted by Trianon > 2 months 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 > 2 months ago | Report Abuse

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

Posted by Simonalibaba > 2 months ago | Report Abuse

And the market is short of egg supplies.

Posted by Trianon > 2 months 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 > 1 month 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 > 1 month ago | Report Abuse

We will find out next month 🤓

Posted by Simonalibaba > 1 month ago | Report Abuse

风吹草动

Posted by Trianon > 1 month 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 Xinzer2000 > 1 month ago | Report Abuse

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

Posted by cchin > 1 month ago | Report Abuse

break 2.00 soon

Posted by troy88 > 1 month ago | Report Abuse

Sleepy egg head bangun already?

Posted by stncws > 1 month ago | Report Abuse

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

Posted by Trianon > 1 month ago | Report Abuse

above RM2 before its QR is out 😀

Posted by harvest6138 > 4 weeks 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 > 4 weeks ago | Report Abuse

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

Posted by Simonalibaba > 4 weeks ago | Report Abuse

Something is brewing

Posted by Trianon > 4 weeks ago | Report Abuse

lol. What is AI eggs ? Eggs that will respond to you, talk to you ? 😆

Posted by Trianon > 3 weeks ago | Report Abuse

Did HLIB buy call egg stocks ?

Posted by JacNgu > 3 weeks ago | Report Abuse

yes. all rotten eggs. check out focusp, fajar, mnhldg, aeon. sense anything wrong?

Posted by harvest6138 > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1369501/an-egg-cellent-year-boosted-by-improved-prices-subsidies

report from The Edge .. the corn price is still low compare to last year , hence the profitability of company should be intact if no impairment need to be settled ..

Posted by mf > 2 weeks ago | Report Abuse

BREAKING
Japan stocks plunge 7%, extending last week’s rout; other Asia-Pacific markets also fall

Posted by Trianon > 2 weeks ago | Report Abuse

Nice pun. "egg"cellent 😄

Posted by markgold > 2 weeks ago | Report Abuse

The share price can withstand this bad moment show that Teo Seng shareholders are genuine long term investors.

Posted by cchin > 2 weeks ago | Report Abuse

break 2.00 soon

Posted by Trianon > 2 weeks ago | Report Abuse

Good news for poultry stocks

https://theedgemalaysia.com/node/720884

Posted by Trianon > 1 week ago | Report Abuse

Then only an egg-bition for wanting it to break RM2 ?

Posted by Trianon > 1 week ago | Report Abuse

I think we are egg-titled to wait it breaking RM2 😁

Posted by gick891214 > 1 week ago | Report Abuse

When the report will out ?

Posted by Trianon > 5 days ago | Report Abuse

@fruitcake. Nice, that's egg-cellent 👍

Posted by harvest6138 > 4 days ago | Report Abuse

Company only received 900k of subsidy this quarter and they received 9.7mil subsidy last quarter , why ?? I saw another news , the farmers claimed that they did not receive any subsidy from government in past few months ..
However , based on this QR , company managed to earn 26mil without much subsidy and EPS is 8.8sens , that means management is doing a good job here

Posted by harvest6138 > 4 days ago | Report Abuse

Company should share how much outstanding subsidy they suppose to receive from government and what is the plan to collect what they deserve ..

Posted by commonsense > 3 days ago | Report Abuse

Hi harvest,

Govt normally pays a big chunk of the subsidy at the end of the year. Last year Teoseng received more than 70% of its subsidy payment in 2H23 and around 50% of the total subsidy alone was paid only in 4Q23. I think it should be the same for this year as well.

On how much of the subsidy outstanding for the company, I think it's safe to assume that the amount will be at least the same level as FY23 given that the revenue for the Poultry Farming division is higher in 1H24 vs 1H23 (assuming this trend continue in 2H). Last year total subsidy received was RM 105mil. Hopefully the govt will pay the amount in the second half of the year.