Many thanks to moneysifu for his invaluable inputs & ideas in helping me to complete my analysis on CAB. I trust CAB is another hidden pearl about to shine in coming days or months.
Agreed to moneySIFU that the company's share price has been flat for almost a year, the consolidation period is taking long enough for the next level.
Consolidation take place when the company is ready to go up or about to go down.
In CAB, looking at its expansion progress & results delivered during the 1 year long consolidation period, the energy stored in it is tremendously huge. We'll see.
Hi LouisLim, my near term target will be RM2, next are RM2.5 & RM3.
WealthWizard has even higher target for CAB. :) ------------------------------- Posted by LouisLim > Mar 20, 2017 05:19 PM | Report Abuse moneySIFU, may I know whether you have any target price for CAB? Thank you.
By referring to turnover & profits, CAB already overtook Layhong as King of poultry. It's just market didn't realise that & awarded higher valuation for Lay Hong
CAB has prudent management team with good track record. With AT least 20% growth and strong growth catalysts resulting from expansion plans which are in line and JV with Indonesia. I believe sky is the limit for CAB's share price. Needs a strong re-rate. I'll add more later.
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....
WealthWizard
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Posted by WealthWizard > 2017-03-20 17:31 | Report Abuse
Many thanks to moneysifu for his invaluable inputs & ideas in helping me to complete my analysis on CAB. I trust CAB is another hidden pearl about to shine in coming days or months.