CCK CONSOLIDATED HOLDINGS BHD

KLSE (MYR): CCK (7035)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.995

Today's Change

-0.015 (1.49%)

Day's Change

0.98 - 1.02

Trading Volume

2,369,800

Changes
Ann. Date Date Type Name Title View
Discussions
3 people like this. Showing 50 of 3,626 comments

cchin

@fruitcake, ok hopefully can join you later

1 month ago

shareshark

@fruitcake LHI post 81.6M/183.3mil profit, 129.8% is other income.......understand this why

1 month ago

shareshark

teoseng , Layhong all same..get subsidi fr gov..else....die

1 month ago

shareshark

mostly yes..c kaw kaw...

1 month ago

cchin

Wow ... good QR. Net profit for YR2023 about 85m. Undervalue stock

1 month ago

TiffanixLVxHermes

QR slightly better after taking out other income 19mil
not bad but not very good

1 month ago

kedsheong

Those who sold today will buy it back tomorrow at a gapped-up price. 😂🤣🤣

1 month ago

Papayashot

wonder what is the amount of subsidy given to CCK ? Why take out 19 mil? 19 mil = subsidy??

1 month ago

ooihk899

Hopefully will declare a dividend of 4.5sen in April.😁😆🤣🤑💲💰

1 month ago

ooihk899

I believe their Indonesia business will have a double digit growth
in the future since the economy is booming.

1 month ago

cchin

at least 4sen dividend to be declared in April

1 month ago

katara

best chicken+retail counter .. eps13 x pe13 = 169

1 month ago

cchin

CCK should command higher PE due to its strong retail segment business like QL. Retail business has better and consistent earning. At least PE of 12 to 15

1 month ago

ooihk899

Just be patience. If FY2024 QR1 n QR2 continue to improve YoY,💪
consistent dividend payout ratio. Rerating is just a matter of time.😋😄
Anyway, I think will break RM 1 soon.🌈🚀 Gratz to all.😁🌞

1 month ago

katara

rev n profit consistently improve every year💓

1 month ago

ITreeinvestor

For FY24, we expect earnings to normalize on lower subsidy received from the Malaysian Government. Note that the subsidy for chicken has been discontinued in November 2023

1 month ago

ooihk899

No subsidy for chicken also means no price control.
This may help them to have more consistent QR and net profit.

1 month ago

kedsheong

Established and well managed company. Fresh marts, supermarket and food business will not go out of fashion, therefore it's a sustainable business. Dominant position in East Malaysia and Pontianak. Synergistic business arms. Still very undervalued despite recent price movement. Ideal for coffee-can portfolio, a potential 10-bagger. The share price will keep chasing it's earnings upwards.

1 month ago

cchin

No reason to fall after QR released. Will break 1.00 again in near term

1 month ago

shareshark

no bonus issue.....ayooooo

1 month ago

katara

can hold for long term ..

1 month ago

Ace2387

is time to fly high now

1 month ago

kedsheong

For a good company like this, I would love the price to fall lower and lower, so that I can really load up the truck. And keep it for long term. A PE of 7.27 is equivalent to a yield of 13.8% per year, which is more than 4x FD rate. Steady business like this gives us no reason to keep money in FD which makes the banks rich while we go broke over a long period of time due to inflation. ROE 19.6%, ROCE 16.9%, Debt 11.5%. business is still run by owner operator. A truly compounding machine in bursa. Fulfilling all features of a 100 bagger as described by Christopher Mayer. Waiting for the market to realize it's true value, and the twin engine (earnings growth and PE expansion) to work for us. It deserves a PE of at least 15.

1 month ago

katara

QL pe35 roe14 pb5 dy1
CCK pe7 roe19 pb1.4 dy3.6
of course QL bigger scale

1 month ago

ooihk899

Relax Bro😎, another few quaters of good result, sure it will 🚀.😁

1 month ago

sense maker

EPS only 8-9sen without government subsidy.

1 month ago

ooihk899

No subsidy better lo, then no price control.
They will make more 💵💰😁

1 month ago

sense maker

Not sure about the market dynamics. If they increase the price, demand will drop. Recovery of margin and EPS will take many quarters after a n expected slump in May 24 quarterly results announcement..

1 month ago

ooihk899

You want to buy cheap is it,😮 that's why talk nonsense ar?
Normally Q1 n Q2 result will be lower than Q3 n Q4.
Let's wait for the Q1 & Q2 result n compare to last year Q1 & Q2.

1 month ago

katara

@sense maker CCK WILL KEEP GROWING FOR MANY YEARS TO COME :)

1 month ago

katara

you can see that cck share price movement is the most sturdy among the chickens n eggs counters after the announcement of QR last month..

1 month ago

sense maker

Yes it will be stable and growing. But do you expect the government subsidy foregone to be immediately reflected in increased selling prices, without any effect on demand? If so, Teoseng need not drop from rm2.50 to rm1.80.

1 month ago

katara

cck core business is retail , not chicken nor eggs , that's y the rev n profit are stable for many years already ..

1 month ago

sense maker

Anyway, my estimation for 2024 is based on zero Other Income, which stood at RM30m for FYE 2023. Hope it grows to EPS10-11sen and I am happy.

1 month ago

katara

my tp for mid term is 1.30

1 month ago

kedsheong

people are too near sighted. Real investors look 10-20 years into the future, not the next QUARTER or even next year. What a joke.

1 month ago

katara

so what is cck TP for 2034?xd

1 month ago

kedsheong

you watch the game on the playing field (look at the business), not by looking at the scoreboard (price fluctuations). as long as the business is fundamentally intact, products still needed and wanted by people, company still growing, management is trustworthy, there should be no TP, its "hold" forever. If the price drops, buy more. If not, just let it run. keep in coffee-can portfolio and don't touch it. keep it away from yourself. TP is also a joke. it's only for people who are ready to sell the stock to lock in profit.... only to see it go up up and up.. as the business fundamental/earnings going up in the long term.

1 month ago

katara

ok kedsheong , we keep cck for 'long term' , but TP is in everybody's heart ..at certain time and certain point of valuation .

1 month ago

kedsheong

back to basics, think and act like a business owner. we buy businesses which provide products and services to real people. Don't think of buying stock like buying a piece of paper which has a price that fluctuates up and down by the minutes. cheers guys.

1 month ago

cchin

Next resistance 1.10

1 month ago

shareshark

want to see bonus issue....what prices meaningless

1 month ago

sense maker

Sudah jadi shop 99. Can load up.

4 weeks ago

cchin

@fruitcake, you still hold?

4 weeks ago

katara

yes , sure cheaper compare to sp99 when ipo :)

4 weeks ago

katara

means buy cck better than apply for sp99 ipo haha ..

4 weeks ago

cchin

99sp to list with PE around 20-25. CCK now with PE7. Choose your own 😄

4 weeks ago

katara

means cck pe at least should be between 12-18

4 weeks ago

katara

actually for past 10 years cck pe was moving around between 10-20

4 weeks ago

cchin

re-rating of CCK soon

4 weeks ago

Post a Comment