CAB CAKARAN CORPORATION BHD

KLSE (MYR): CAB (7174)

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Last Price

0.58

Today's Change

-0.015 (2.52%)

Day's Change

0.58 - 0.60

Trading Volume

299,300


8 people like this.

4,098 comment(s). Last comment by OppenHermes 1 month ago

super888

517 posts

Posted by super888 > 2018-10-11 10:29 | Report Abuse

really rubbish counter.... will drop below 0.60..

Posted by Kingsman18 > 2018-10-11 17:19 | Report Abuse

Con counter..pui

GRACE1966

635 posts

Posted by GRACE1966 > 2018-10-13 14:41 | Report Abuse

Buy kaw kaw nanti HUAT LAH.

Posted by ronaldo1103 > 2018-10-14 16:54 | Report Abuse

Hehe

Posted by Kingsman18 > 2018-10-15 22:09 | Report Abuse

Huat down?

GRACE1966

635 posts

Posted by GRACE1966 > 2018-10-20 21:44 | Report Abuse

Time to wake up, being sleeping almost coming to 2 years.

Posted by Kingsman18 > 2018-10-21 17:39 | Report Abuse

Stop dreaming

super888

517 posts

Posted by super888 > 2018-10-24 13:08 | Report Abuse

habis....

TomHagen

165 posts

Posted by TomHagen > 2018-10-25 10:08 | Report Abuse

does market crash means people stop eating chicken? everyone knows the answer. Start accumulate

shpg22

2,984 posts

Posted by shpg22 > 2018-10-25 10:10 | Report Abuse

does market crash means people stop eating chicken? everyone knows the answer. Start accumulate

Haha...this kind of thinking is 1 way ticket to holland. Ignoring the price in term of valuation, other competitors andeffect like feed & labour cost and forex.

super888

517 posts

Posted by super888 > 2018-10-25 10:22 | Report Abuse

look like will drop below 0.60.... betul betul habis.

GRACE1966

635 posts

Posted by GRACE1966 > 2018-11-05 20:22 | Report Abuse

Alamak ayam mau mati, i mau lari.

eYuppie

403 posts

Posted by eYuppie > 2018-11-26 09:49 | Report Abuse

What happened to this counter? Cannot understand the logic why it keeps falling?

super888

517 posts

Posted by super888 > 2018-11-26 12:24 | Report Abuse

lousy counter ma....

GRACE1966

635 posts

Posted by GRACE1966 > 2018-11-26 20:32 | Report Abuse

Chicken sudah mampus.

GRACE1966

635 posts

Posted by GRACE1966 > 2018-11-26 20:32 | Report Abuse

Chicken run away with another jantan.

Vinzcent

40 posts

Posted by Vinzcent > 2018-11-27 20:29 | Report Abuse

Layhong already K.O. next will be this CAB.. watch out for their coming 4th qtr

Posted by Patricksin Sin > 2018-11-29 15:26 | Report Abuse

Run

Posted by ImmaBullishDog > 2018-11-29 18:52 | Report Abuse

Poor performance contributed mainly by the lower averaging broiler price during the quarter. http://www.dvs.gov.my/index.php/pages/view/440

Average selling price in October appears to trend higher, to be confirmed with data on November. Anyone has the data care sharing?

super888

517 posts

Posted by super888 > 2018-11-30 09:39 | Report Abuse

habis...

TomHagen

165 posts

Posted by TomHagen > 2018-11-30 11:39 | Report Abuse

but revenue keep going up. Once the margin return, profit would also be greater. For long term investor, can add more IMO.

Posted by Patricksin Sin > 2018-11-30 15:56 | Report Abuse

Down trend

eYuppie

403 posts

Posted by eYuppie > 2018-12-03 17:02 | Report Abuse

Why this company has good fundamental but its share price keeps falling day by day??

Posted by Thinkdeep > 2018-12-06 08:59 | Report Abuse

Unhealthy balance sheet.Constant exercising of Warrants and dilution and higher and higher debts. Even change their Auditor..I wonder why...

Posted by thinINVEST > 2018-12-21 16:36 | Report Abuse

too high borrowing man

bi0hazard

97 posts

Posted by bi0hazard > 2018-12-27 19:21 | Report Abuse

Still got hope?

Posted by commonsense > 2019-01-02 16:26 | Report Abuse

Hi biohazard,

4Q18 result was really a bad quarter for the company mainly due to the drop of gross profit margin from 11.9% a year ago to only 5.8%. This in turn resulted in the company posted it first quarterly losses in more than 2 years. Management blame the drop-in margin was due to higher feed cost (a bit weird given that average corn and soy bean price actually went down compared to a year ago. The increase is maybe due to the weakening of RM vs USD) and distribution cost as well as lower average selling price of broilers from RM4.99/kg a year ago to RM4.52/kg.

That being said, investors should expect the company to perform better in 1Q19 given the improvement of the broiler price (http://www.dvs.gov.my/index.php/pages/view/440). However, the average price is still lower compared to 1Q18. So, I don’t think the company will achieve a core profit of RM10mil per quarter anytime soon.

If you are looking to diversify your portfolio outside of CAB (due to the earnings uncertainties), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.0x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18.

Good luck.

kakasi123

67 posts

Posted by kakasi123 > 2019-01-03 11:01 | Report Abuse

i m very curious, why in CAB forum got people promoting another stock?

GRACE1966

635 posts

Posted by GRACE1966 > 2019-01-06 22:53 | Report Abuse

Cab already karnina, almost 50% discount form 98 sen to 50 sen.
Teo Seng prices look healthy compared to cab.

lextcs

1,961 posts

Posted by lextcs > 2019-01-07 15:53 | Report Abuse

almost ready to hatch now....wormei...BUY

eYuppie

403 posts

Posted by eYuppie > 2019-01-08 13:35 | Report Abuse

Why CAB UP today? Already rose 2.5 sen (5%)

eYuppie

403 posts

Posted by eYuppie > 2019-01-08 14:56 | Report Abuse

It's festive season, CAB started to move, expected to breach 60 sen soon!

eYuppie

403 posts

Posted by eYuppie > 2019-01-08 18:15 | Report Abuse

Good closing!!!

eYuppie

403 posts

Posted by eYuppie > 2019-01-10 14:29 | Report Abuse

Going up.....

azfar8

975 posts

Posted by azfar8 > 2019-01-11 17:48 | Report Abuse

suddenly drop like no tomorrow, any idea?

azfar8

975 posts

Posted by azfar8 > 2019-01-14 15:09 | Report Abuse

seems like last Friday pattern. will it be whacked again later? until 0.46? by Jupiter investor or major shareholder?

azfar8

975 posts

Posted by azfar8 > 2019-01-16 12:00 | Report Abuse

beware, last Friday "somebody" at Jupiter throw it in bulks, seems so fishy....

myrKing

55 posts

Posted by myrKing > 2019-01-22 17:15 | Report Abuse

this week will drop again like the last two weeks?

jakar

136 posts

Posted by jakar > 2019-01-22 17:16 |

Post removed.Why?

TopEarn1

467 posts

Posted by TopEarn1 > 2019-01-29 22:37 | Report Abuse

dividend~

lalalo

17 posts

Posted by lalalo > 2019-01-29 22:37 |

Post removed.Why?

goldenluck16

1,956 posts

Posted by goldenluck16 > 2019-02-12 17:06 | Report Abuse

Tomorrow price will gap up.

Greenpower

304 posts

Posted by Greenpower > 2019-02-12 17:17 | Report Abuse

any news

shpg22

2,984 posts

Posted by shpg22 > 2019-02-16 10:51 | Report Abuse

Take profit and run. It won't last. Heavy CAPEX in FY18 will mean higher depreciation charges that will result in lower Profit.

Posted by zarithamna > 2019-02-18 23:27 | Report Abuse

Tp 70cents..will see..

xuxu

5,854 posts

Posted by xuxu > 2019-02-20 15:35 | Report Abuse

sleeping ar ?!

Posted by Patricksin Sin > 2019-02-20 15:54 | Report Abuse

Run

Posted by Thinkdeep > 2019-02-21 16:07 | Report Abuse

Wait until 2nd quarter to see how the JV with salim group develops.

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