TEOSENG (7252): Substantial Holder Shares Transactions

Out of curiosity, does Teo Seng establish dividend policy?

1 month ago

https://teoseng.com.my/wp-content/uploads/2020/04/8.-Dividend-Policy-Reviewed-as-at-16-Mar-2018.pdf

1 month ago

Why2TellMeWhy

keep dropping?

1 month ago

Stay calm. Share dividend credited today.

1 month ago

Keep position and benefit from expected higher returns to shareholders in coming qtrs.

1 month ago

A total of 4,301,313 treasury shares were distributed on 15 April 2024 via share dividend distribution of treasury shares on the basis of one (1) share dividend for every sixty seven (67) existing ordinary shares held in Teo Seng Capital Berhad in respect of the financial year ended 31 December 2023. There is no cancellation of treasury shares. The total number of issued shares of the Company remain unchanged i.e. 300,008,175 ordinary shares.

1 month ago

The total shares remain unchanged , that means it will not dilute the EPS after the bonus share issuance ..

1 month ago

Buy additional lots at 1.68 and 1.70.

1 month ago

I think it's possible to reach as low as 1.50-1.55 range.

1 month ago

Why2TellMeWhy

game over.

1 month ago

@harvest6138. Thanks. Can keep this company for dividend play then

1 month ago

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.

1 month 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 ..

1 month ago

TSCB has higher ROE among the same industry and very good cash flow. I will buy below 1.70

1 month ago

Middle East unrest or war has nothing to do with consumption of eggs in Singapore and Malaysia but TSCB price drop a lot.

1 month ago

cockcanfly

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.

1 month ago

That's interesting

https://news.abs-cbn.com/business/2024/4/18/el-ni-o-affecting-egg-sizes-too-1113

4 weeks 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

3 weeks 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 ...

3 weeks ago

harvest6138, can ask you something? What's your entry price for Teo Seng?

3 weeks ago

I bought at 2 .. hope the next QR at least maintain at Q3'23 level , then should have hope to recover ..

3 weeks ago

Price didn't hit my desired target. Wait for the next opportunity to add. Poultry business is cyclical. There's always another chance.

3 weeks ago

No plan to do averaging, harvest6138?

2 weeks 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 weeks ago

Agreed. That’s why we need to be clear whether we are “trading” or “investing” in Bursa 🙂

2 weeks ago

Beginning of new uptrend !

1 week ago

Why there are so many sellers at this price ?

1 week ago

No idea, markgold, but I believe TeoSeng will go up after it declares dividend for Jun one

1 week 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 week ago

Result just out. Eps 11.59 sen with 2.5 Sen divy declared.

6 days 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 ..

6 days ago

If compare to last year same quarter, subsidy from gov also nearly 100% lesser.

6 days ago

Also another milestone for TS on this quarter is turning from net debt to net cash company..

6 days ago

Also feedcost still low compare yoy, should have another good quarter ahead..

6 days 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 ...

5 days 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

5 days ago

The selldown today is due to retail investors taking profit and capital to chase glove counters? Open for discussion, anyone?

5 days 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 ..

5 days ago

BornToSpeculate

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

4 days ago