The results for last 2 qtrs seems suppressed. Price control/subsidies in place since 01 July 2022 which covers last 3 quarters. Sales increased while costs of feeds reduced but quarterly results dropped?? If suppressed results are released in last quarter we will possibly see record numbers.

No more steam.

Warrant is overpriced. At 0.18, buying warrant for conversion will cost 0.81, a 25% premium over mother share.
A fair price for warrant is 0.08, giving a 10% premium over mothershare on conversion.

Sold all warrants between 12-14 sen. Take profits first wait and see what game is being played.

ChloeTai, only the majority owners of CAB can answer that. As at today it’s not looking good, volume is very low, could mean major shareholders are already out of the market. Better wait and see.

QR2 results below expectation.

Be aware CAB is a super low volume counter. (Active only at owners’ whims) Don’t get caught holding shares you can’t sell!

Good or bad QR results does not matter. It’s a controlled counter, price will move in the direction pointed by major shareholders.
Expects warrant to open below 10sen.
Take profits whenever possible.
Good luck everyone, harap jgn kena cakar.

1 month ago i posted price range will be 0.70-0.76, a controlled range.

Share Price is tightly controlled. Take profits when possible.

Good counter with potentially better quarters ahead but price is down and undervalued. Why? Family controlled business with >50% shareholding and controlling price.

Agree with @patron broiler companies will be profitable next 2 quarters at least. However in the case of CAB we’re at the mercy of the largest shareholder (family holding > 50%). They will dictate the price. Only way to play this counter is follow trend by big player, don’t be greedy and bear in mind fundamental analysis may not work for this counter. Lock in profit whenever able.

Counters like CAB are low volume to dormant because majority shareholders are not interested in share price. All trades are tightly controlled. If you make money be wise. Don’t be forced to act against your interests.

Price being controlled by player in range 0.70-0.76 until warrant listing. There after price will drop, warrant may be worth pennies only.

Warrant exercise price is 63 not 62.
Annualising EPS using the best quarter is overstating.
Bursa counters doesn’t seem to care much about PE. QL PE is >40. OSK <5
It’s all about goreng. NGNG no goreng no go, after goreng become musical chair.

Usually on 1st trading day of warrants many will dump esp when warrants are free/bonus. Conversion cost is quite high at 63 sen. Mother shares will drop as well. Just remember this is not a blue chip nor hot counter but more like pump & dump.