just hold.. u see other poultry counters such as PW and TEOSENG. and u compare their revenue, profit . then u will find out why it is worth to hold this CAB
making losses of RM1000 for previous quarter, eventhough the revenue is higher, business improve
Reason: lower chicken selling price from RM4.70 to RM4.29, hence lower margin feed cost also increases operating new supermarket and involving pre-operating cost promotional items in the supermarket ( 1 newly opened outlet this quarter and 2 new outlets from last quarter)
Next quarter will be definitely better because of Aidilfitri
Chuah Ah Bee is famous in Bukit Mertajam for its chicken. lol
Conclusion: HOLD , with Fair value of RM1.1 ( based on PE 10)
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....
AABBCC
96 posts
Posted by AABBCC > 2014-08-08 23:49 | Report Abuse
no war...CAB can buy in at 0.85 level...