LTKM recently reported a strong financial report with 9MFY15's operating profit margin at 23%, which is unprecedented in the past 10 years due to (i)higher selling price of eggs to Singapore (LTKM exports over 40% of the egg production to Singapore and Hong Kong) (ii) declining feed price in the past 2 years.
Looking forward, I still see upside potential of the stock with SOP TP at at RM7.55
LTKM compared to the other egg stock, PE still at cheap status, this is that point why i choice LTKM. EPS 78.78 x PE 10 = Rm 7.87 Now, just Rm5.85, still have 34.52% up.
KLSE is a unique stock market when compare to peers regional,she don't follow market theory almost all the while from the beginning,so nothing to be immpossible for stock price to go up!!!!!!!!!!!!!!!!
2 lots, they give you 1 lot. That means altogether 3 lots. Then 3 lot split to become 6 lots. Hence, 2 lots becomes 6 lots. Adjustment price divide by 3.
Finally, they are doing something about the liquidity of this share...playing catchup with Teoseng now... still damn undervalued even at current prices
Being industry average PE of 8-9, this share shall worth 8 X 1.0638 = 8.50...further, this has not include the improve liquidity after bonus and split (estimated completed on early JUL), and dividend payout is increasing for the FY14. Believing a solid and strong defensive stock, suitable for a weak market sentiment and long term investor
ltkm core business is mature oredi and no more expandtion plan at the moment what i'm interesting 2 know is how the company using is high cash piles 2 create value of the company and also company investment properties, investment securities can bring how many value 2 the company. i think company will venture into property development at jenjarum coming years
Will surely go up! Exciting times ahead, targetting rm9 bucks, if u net out their non core income, company only trades at 6.5x pe! Teoseng 10x, buy buy buy before analyst write a report
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....
Yeo Shun Hua
5 posts
Posted by Yeo Shun Hua > 2015-04-01 01:14 | Report Abuse
LTKM recently reported a strong financial report with 9MFY15's operating profit margin at 23%, which is unprecedented in the past 10 years due to (i)higher selling price of eggs to Singapore (LTKM exports over 40% of the egg production to Singapore and Hong Kong) (ii) declining feed price in the past 2 years.
Looking forward, I still see upside potential of the stock with SOP TP at at RM7.55