This is not a fundamentally good stock. Its volatile earning will make it pe low(fair given by the market). Aware of it high gearing ratio. If you invest with small bet, is ok to hold. but you are like some traders I notice to all in with one-sided bias, it is very risky. Good luck.
Let me share my observation of whether this is a so called "con counter"...Please look at the last chart (max) here...the uptick started from October'18 around 0.80 sens....it has been climbing steadily since...this steady rise is consistent with their last 3 QRs...which reported increased profits qoq....please confirm for yourself...and tell me if I am wrong...cheers.
17-May-2019 Insider Notice of ceasing to be substantial holder - CONCORDANT INVESTMENTS PTE LTD on 15-May-2019. 17-May-2019 Insider Notice of ceasing to be substantial holder - CLARINDEN INVESTMENTS PTE LTD on 15-May-2019. 17-May-2019 Insider Notice of ceasing to be substantial holder - AFFINITY ASIA PACIIFC FUND IV L.P. on 15-May-2019. 17-May-2019 Insider Notice of ceasing to be substantial holder - AFFINITY ASIA PACIIFC FUND IV (NO.2) L.P. on 15-May-2019. 17-May-2019 Insider MR LAU JUI PENG (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider MR LAU JUI PENG (a substantial shareholder) disposed 200,000 shares on 14-May-2019. 17-May-2019 Insider MR LAU JUI PENG (a company director) disposed 300,000 shares at 1.360 on 15-May-2019. 17-May-2019 Insider MR LAU JUI PENG (a company director) disposed 200,000 shares at 1.340 on 14-May-2019. 17-May-2019 Insider MR LAU JOO HONG (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider MR LAU JOO HONG (a substantial shareholder) disposed 200,000 shares on 14-Mar-2019. 17-May-2019 Insider MR LAU JOO HENG (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider MR LAU JOO HENG (a substantial shareholder) disposed 200,000 shares on 14-May-2019. 17-May-2019 Insider MR LAU JOO HAN (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider MR LAU JOO HAN (a substantial shareholder) disposed 200,000 shares on 14-May-2019. 17-May-2019 Insider LEONG HUP INTERNATIONAL BERAHD (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider LEONG HUP INTERNATIONAL BERAHD (a substantial shareholder) disposed 200,000 shares on 14-May-2019. 17-May-2019 Insider LEONG HUP (MALAYSIA) SDN BHD (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider LEONG HUP (MALAYSIA) SDN BHD (a substantial shareholder) disposed 200,000 shares on 14-May-2019. 17-May-2019 Insider EMERGING GLORY SDN BHD (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider EMERGING GLORY SDN BHD (a substantial shareholder) disposed 200,000 shares on 14-May-2019. 17-May-2019 Insider CW LAU & SONS SDN BHD (a substantial shareholder) disposed 300,000 shares on 15-May-2019. 17-May-2019 Insider CW LAU & SONS SDN BHD (a substantial shareholder) disposed 200,000 shares on 14-May-2019.
The average price for gred A chicken eggs has dropped 4 sen if compared to previous quarter. And the drop of every 1 sen will reduce the earnings by RM4 million.
Posted by ramada > May 9, 2019 3:56 PM |
The average price of Gred A chicken eggs for this few quarters.
They said raw materials dropped a lot. But I see around 5%-10% only if compared to previous quarter. After trade war heat fading away, it will be normalized. https://www.cnbc.com/agriculture/
Comparing 10 years ago sales per year is 168M /year profit is 15M/year Now 2019 most recent 4 quarters sales is 524M /year profit is 46M/year Keep 10 years there is a 3 fold increment-so buy and stay invested. More people more food needed.
Why they did not paste this egg price oftenly before this counter share price dropped last week ? Of course, they had not sold out their shares at higher price. Now, they want to collect this counter shares at lower prices for next round play in the crocodile market . Am I right ?
Anyway, let us collect this counter shares at lower prices . Thanks
Kariwong, Thanks for your honest and cautionary information pasted before this share price dropped last week
Heard a lot got trapped for teoseng :( yet my friends were told it's a good company with all the details - dividend, it's high tech broiler, and etc. they were recommended for long term investment and current trade wars causing sentiments. Sad sad...
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....
Heavenly PUNTER Research IB
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Posted by Heavenly PUNTER Research IB > 2019-05-17 17:05 | Report Abuse
wah sia what happened here