JOHOR BARU: Consumers may have to fork out extra money next month as the prices of cucumber, red chillies, long beans and poultry are expected to increase during the fasting month of Ramadan, which is expected to fall on May 27.
Look at KYY punya VS, it rise 800%. If you sell on profit of 5%, U are amateur or day trader. If u sell on correction (which you cannot predict), on long term run you will lose more. Buy on weakness when u see opportunity. Increased profit is the best indicator. Sell only when it stop making money.
on 28 apr..heard d news CAB going for splitting excercise but addded surprise was d proposed bonusas well....so latest hear say TP b4 ex split n bonus ..will run till at least rm4...ur money ur bet...take care all
on 28 apr..heard d news CAB going for splitting excercise but addded surprise was d proposed bonusas well....so latest hear say TP b4 ex split n bonus ..will run till at least rm4...ur money ur bet...take care all
Weechin, all this while when the price hanging between 1.85 - 1.98, just only myself like silly kok here kok there. No body here also. Green or red, just kok. This is a life, got gain n lose. Most important i know why i buy into CAB.
Sorry money888. I dunno when is the meeting. But i agree with the phrase be greedy when people are fear. I buy warrants now. They are at a super premium compared to mother. Easily can convert and get the mother with RM 80 to 100 discount.
KYY rule. It it makes money and continue to make even more.... hold it. Never try to guess correection. Even fong siling also agree that people loss more money anticipating correction. A retracement is healthy progress to gather stronger share holders
Hi guys, 1)Just imagine average farm chicken price per kg was RM5.15 ( each chicken was about RM2.2 kg) for Jan to Mar 2017 as compared to Q1 (Oct to Dec 2016) RM4.7 per kg. in Q2 2017, CAB chicken capacity was 5.5 million per month.
Based on above chicken price increase, how much increased net profit will be for Q2 2017?
Estimated net profit for Q2 2017:RM22 million Q1 2017 net profit of RM7 mil ( based on RM4.7/kg of chicken + increased profit of RM15 mil ( based on RM5.15 per kg of chicken) .
2) Don't forget, CAB chicken capacity will increase further by 2.5 mil per month based on completion of Farm Best poultry by roughly end of May 2017. This will increase net profit as well as its slaughter house capacity from current 100,000 chicken per day to .....( not sure) which will improve profit margin.
3) CAB has very good business chain: from feed mill, poultry, processing, marketing ( supermarket and restaurants client - Taxes, Marrybrown, Chicken Rice...,) and export to Singapore.
4) JV with Salim Group in Indonesia where chicken consumption per capita is about 7kg per year as compared to Malaysia is about 40kg per year and Salim Group has 500 KFC restaurants in Indonesia. This effect might take in 2019 due to completion of poultry in Jakarta will take a year.
5 ) CAB will consider exporting chicken to Japan as its capacity is double that might happen in 2018 and collaboration with FELCRA as well.
Most importantly and recently, "how CAB management increases its shareholders wealth by its activities" such as it's increase in chicken capacity per month will increase its net profit significantly as mentioned above and improve its profit margin (via acquisition synergy) as well. Wait and see coming Q2 and Q3 financial result as a good CAB performance evidence. Hope these estimates will help you and Happy investment !
Good posting will attract contra player. Which is not good for price movement. If want healthy increase in price better silent in CAB i3. No comments is better.
Looking good next 2 qtr as Shaun analysis . Raya is near around conner consumption chicken will be higher (Mohd Fahmi's attachment) sure good result would be reflected in Q2&Q3. Guys, The short term correction is expected however we should look at longer term potential return is greater ( wealth creation from the split + bonus) . Guys, Happy investment .
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....
Mohd Fahmi Bin Jaes
29,214 posts
Posted by Mohd Fahmi Bin Jaes > 2017-05-12 10:44 | Report Abuse
price chicken up during fasting month