Rule #1 - blame nobody. Rule#2 - anything goes wrong, blame yourself. Rule 3 - Rule#1 n 2 combine. Respect Calvin for defending KC without fear or favour. It's a discernible trait of a successful n savvy investor. Keep it up, Calvin.
@anbz: i'm your follower in novamsc , noted your succes in PW ....... what your opinion about novamsc? and please guide as all there more often...... kikikikii
Ha! Ha! Anbz, never mind lah. Richard Brandson says, " Business opportunities is like taking the bus; if you miss one there is another one coming. See Mulpha which has much better land bank will even do better some day.
3. NTA re-valuated in year 2012. NTA keep incerasing every year.
4, Bullish ascending triangle forming if break thru Rm1.64
5. Share buy back of 10% of its own shares approved by shareholders( not started yet )
6. Q2 result coming out end of this month. Insiders already known good profit coming that's why share price keep increasing.
7. Profit before tax for the Group for quarter and financial year to 31 March 2014 rose 281.9% from RM1.5 million recorded in the corresponding quarter of preceding year to RM5.7 million. The improved result was mainly attributable to lower commodities price of raw materials used in production of feed.
8. On the development of our new layer farm in Pendang, Kedah, operation commenced in April 2013 and we had our first production in September 2013, marking our first venture into table egg production. Thanks to meticulous planning and preparation, productivity for the first 6 months of production has been very satisfactory. We expect production from the farm to reach 420,000 eggs per day by end of this year which shall contribute around 10% of our total Group revenue for the year. Development of the second phase of the layer farm is on schedule and when completed by early 2015 will double the current daily capacity to 850,000 eggs. Following the development in our layer business, we expect the feedmill operation to increase its plant utilisation rate from 81% to 91% in tandem with increased feed requirement from our layer farm and expansion in milling service.
Financial year 2013 EPS 8.93cents paid 5cents dividend. Almost half of the earning. IF Financial year 2014 EPS 30cents. Maybe you will get 15cents dividend. Haha!!
PW much better than Teoseng, why ? bcos Share buy back of 10% of its own shares approved by shareholders, but not start yet. Think, if start later or other day, how is going to the PW price now.
Laggard effect. Poultry price will take time to drop while corn and soybean keeps dropping. Estimate to have a period of abnormal gain from poultry stocks.
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....
kheng
1,167 posts
Posted by kheng > 2014-07-27 00:44 | Report Abuse
Rule #1 - blame nobody.
Rule#2 - anything goes wrong, blame yourself.
Rule 3 - Rule#1 n 2 combine.
Respect Calvin for defending KC without fear or favour. It's a discernible trait of a successful n savvy investor. Keep it up, Calvin.