KLSE (MYR): TEOSENG (7252)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
1.74
Today's Change
-0.01 (0.57%)
Day's Change
1.73 - 1.75
Trading Volume
244,300
Ann. Date | Date | Type | Name | Title | View |
---|
To me Serbadk is game over.
TSCB still have plenty of prospect. That's how I see it. Every consolidation is a buying opportunity. Every time a farm affected by avian flu is a buying opportunity.
2 months ago
https://www.imoney.my/articles/chicken-egg-subsidy
According to this news , if govern stop the subsidy , the egg price may go up to 10sens each egg , and the current subsidy is 8sens per egg , so , the removal of subsidy should benefit company more , that make me can not understand why people keep saying TSCB is doomed when the subsidy been removed ?? anyway , the next QR shall help us to understand more if the company can sustain the profit .. for me , I am happy if they can maintain the EPS of 15sens per quarter consistently ..
2 months ago
TSCB has higher ROE among the same industry and very good cash flow. I will buy below 1.70
2 months ago
Middle East unrest or war has nothing to do with consumption of eggs in Singapore and Malaysia but TSCB price drop a lot.
2 months ago
subsidy is sure win for TS, raw material cost expected to be lower vs 2023 due to ample supply from good harvest of major crops in major producing countries. corn (50% of feed cost) price is highly correlated with oil prices where both tend to move in same direction. but because of weak growth(demand) every where, oil won't be surging anytime soon, furthermore both iran and israel seems to have no appetite to escalate the war.
2 months ago
That's interesting
https://news.abs-cbn.com/business/2024/4/18/el-ni-o-affecting-egg-sizes-too-1113
2 months ago
The operating environment shows signs of improvement
with the softened prices of maize and soybean, which are
essential ingredients of animal feed. The supply of eggs is
expected to remain tight due to the slashing of production
and exited of household and small scaled farmers during
the rising of production costs who lack of competitive
advantage, while demand for eggs is expected to grow at a
moderate level driven by its status as the cheapest source
of protein, population growth, as well as increasing in the
arrival of foreign tourists.
Poultry farming continues to be Teo Seng’s core business
2 months ago
above extracted from the latest Annual Report just released today , so the feed cost continue to be in favor of the company and the demand is strong , lets see if the next QR can help to validate this ...
2 months ago
I bought at 2 .. hope the next QR at least maintain at Q3'23 level , then should have hope to recover ..
2 months ago
Price didn't hit my desired target. Wait for the next opportunity to add. Poultry business is cyclical. There's always another chance.
2 months ago
waiting for the QR and dividend to decide next move , I believe it will attract some serious investors if they can deliver consistent good EPS (more than 10 sens ) , not many listed company in Bursa can have EPS more than 10 sens .. anyway , I also knows well Bursa is like casino more than investment , people will react more to "news" rather than fundamental ..
2 months ago
Agreed. That’s why we need to be clear whether we are “trading” or “investing” in Bursa 🙂
2 months ago
No idea, markgold, but I believe TeoSeng will go up after it declares dividend for Jun one
1 month ago
ha ..just hope management generous enough this round to reward the share holder , I did not see any expansion plan revealed recently (except the plan to increase production from 4 to 4.8m eggs/day ) , so , they should not need big Capex reserve ...
1 month ago
If we don't consider the subsidy from government , this QR result actually much better than the previous one , I use revenue minus the cost and the Q423 is roughly 11.2% margin , however , they achieve roughly 17% in this QR , believe mainly contributed by lower feed cost , if this can be sustained , next QR should be even better as they may receive higher subsidy in next q ..
1 month ago
If compare to last year same quarter, subsidy from gov also nearly 100% lesser.
1 month ago
Also another milestone for TS on this quarter is turning from net debt to net cash company..
1 month ago
Also feedcost still low compare yoy, should have another good quarter ahead..
1 month ago
If I added all the other income in Fy23 ( mainly subsidy from government ) , it was about 100m , which means each quarter should be around 25m , since this quarter only recorded 9m of subsidy from government , that means still have another 16m outstanding yet to be paid to company , that explains why in FY23 they received 54m in one single quarter ...
1 month ago
Teo Seng Capital Bhd's first quarter net profit rose 42.11% to RM34 million from RM19.68 million a year ago, on higher egg sales, improved raw material costs, and government subsidies that eased operational expenses.
https://theedgemalaysia.com/node/711543
1 month ago
The selldown today is due to retail investors taking profit and capital to chase glove counters? Open for discussion, anyone?
1 month ago
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 ..
1 month ago
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
1 month ago
Genting Bhd Technical and Fundamental analysis good video
https://youtu.be/CJfHNjr3wUQ
for Bauto : https://www.youtube.com/watch?v=zenNKbnf4dU
1 month ago
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
1 month ago
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 ..
1 month ago
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
1 month ago
US records worst bird flu outbreak in two years at Iowa egg farm 😶
https://theedgemalaysia.com/node/713394
1 month ago
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 ...
3 weeks ago
How come this stock still no movement? Its peer like LHI has moving north lately..
3 weeks ago
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
2 weeks ago
The govt requested a price cut so it will be subsidized to the poultry producers
2 weeks ago
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
2 weeks ago
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
1 week ago
LubeTrader
I think it's possible to reach as low as 1.50-1.55 range.
2 months ago