Posted by poyo > 2013-08-02 17:58 | Report Abuse

buy this

Posted by Kixiaoportfolio > 2013-08-04 22:03 | Report Abuse

What's the potential?

Posted by aiman168 > 2014-05-27 12:34 | Report Abuse

good business

Posted by wongchowsang > 2014-05-29 17:43 | Report Abuse

this year chicken business very good and price are stable

Posted by shinado > 2014-06-17 16:01 | Report Abuse

This company have good and stable ROE if compared with other chicken businesses. Generally, this year should be a good year for all chicken businesses.

Posted by LiveStrong > 2014-06-20 21:35 | Report Abuse

Looking forward to a double digit growth this year!

Posted by shinado > 2014-06-23 16:27 | Report Abuse

Price have jumped 52% in the period of one month. My only regret is not finding this stock earlier. I wonder how long can this counter remain low profile?

Posted by LiveStrong > 2014-06-23 22:10 | Report Abuse

The question should be why did the price goes up as per said? Try to compare with Farmbest, Huat Lai, LTKM and QL resources.

Posted by shinado > 2014-06-24 09:30 | Report Abuse

I did compare with LTKM and Lay Hong, and I personally feel that Teo Seng is better with stable ROE for the past 5 years (above 15%), better profit margins and growing earnings. As for the others that you've mentioned, I'll need to do some homework.

Posted by shinado > 2014-06-28 13:13 | Report Abuse

I did some homework and found out that among so many other companies, only QL Resources can be compared to Teo Seng. The rest are really doing badly but their prices remain in the uptrend due to much speculations.

Posted by LEE CM > 2014-06-28 18:22 | Report Abuse

TS prudently managed.....

Posted by LiveStrong > 2014-06-28 22:57 | Report Abuse

Based on my valuation of a conservative 3% growth annually, the intrinsic value is RM1.10.

Posted by shinado > 2014-06-29 14:40 | Report Abuse

Are you using Benjamin Graham's formula for intrinsic value? or DCF?

Posted by LiveStrong > 2014-06-29 20:48 | Report Abuse

Hi Shinado, i am forecasting based on discounted earnings, with the assumption that teoseng will grow 3% per year for the next ten years. Whats your figure?

Posted by shinado > 2014-06-29 22:40 | Report Abuse

I guess I might be too risky forecasting 11% growth? My figure stands at 2.30

Posted by yfchong > 2014-06-29 22:42 | Report Abuse

No need to stress on one counter, go out n explore the data base am sure there is still some....

Posted by greddym3 > 2014-06-29 22:52 | Report Abuse

I have researched all poultry stocks and decided to invest in LTKM. LTKM has higher profit margin and ROE than TEOSENG.

Posted by shinado > 2014-06-29 23:03 | Report Abuse

yfchong I diversify my investments. Never put all eggs into one basket :)

Posted by shinado > 2014-06-29 23:06 | Report Abuse

greddym3, LTKM is currently recovering from a bad FY12. FY13 was OK for them but not too great either. On the average, they score higher profit margins in the last 5 years; however, they lose out on ROAE as Teo Seng registers at least 15% ROAE yearly while LTKM at best was a 10%.

Posted by LiveStrong > 2014-06-29 23:15 | Report Abuse

Shinado, it depends but we have to be realistic. Teoseng has a good growth prospect considering their capex ratio is 90+%. I like to go the more conservative way. Warren buffet buys a stock considering the market would be closed for the next 5 years. Assuming if there is no growth for the next 5 years, what would be your IV?

Posted by shinado > 2014-06-29 23:27 | Report Abuse

Considering no growth for the next 5 years, the price will fall back to 0.66. My valuations have been doing OK for me so far (for other counters) but I do get your point. I might go for slightly less risky valuations the next time. I do employ Margin of Safety though. Cheers :)

Posted by sense maker > 2014-06-29 23:53 | Report Abuse

TSC is more ambitious, focused and bigger than LTKM. The latter does not invest in capacity expansion but instead has bought property investment and marketable securites with extra cash to earn interest income. LTKM's latest quarterly EPS include revaluation surplus of RM4m.

Higer egg prices and lower feed costs combined to drive the latest quarterly profits to record high for both companies. TSC has made good progress on feed management technology.

I note however that salaries of directors in TSC are high especially among the family members but they are more aggressive and likelier to deliver good results with economy of scale, which nonetheless also depends a lot on feed costs which are currently at depressed level, all said.

Another risk is that the egg business is all domestic, and it seems quite difficult to set up and manage foreign farms. So, the scope of business growth may seem capped.

I believe the egg producers, esp TSC, have good pricing power, limiting profit downside in case feed costs jump.

The great results in 2013 which continue into 2014 may or may not last. LTKM management feels the prospects of the industry are challenging while TSC thinks otherwise, provided selling price remains stable.

Congrat to all shareholders of TSC for the 50% gain in the past 1 month.

Posted by tjhldg > 2014-06-29 23:54 | Report Abuse

kikikiii

Posted by LiveStrong > 2014-06-30 21:46 | Report Abuse

They have been integrating upward to minimize their cost. The group has also identified and stated clearly what they could do further to minimize the cost in the annual report. To me, It shows clear sense of goals and directions therefore a pretty good management team.

But having said that i do agree they are paid quite high between the familia. Its a family business anyway.

Posted by greddym3 > 2014-06-30 23:19 | Report Abuse

Both ltkm and teoseng have their pros and cons. i prefer ltkm because their omega 3 eggs is perceived as premium eggs. which is why their operating profit margin is very high. also i can see their eggs selling fast in every supermarket. i am very satisfied with my return in ltkm. anyway, both stocks are winner :D

Posted by kh839 > 2014-07-09 19:34 | Report Abuse

both vol n price moving up..... should have good news soon....

Posted by khchong78 > 2014-07-09 20:50 | Report Abuse

Coming..........

Posted by LiveStrong > 2014-07-09 21:26 | Report Abuse

Whoops here comes the fun part....

Posted by shinado > 2014-07-10 12:38 | Report Abuse

Hmm what is going on? People buy for the dividend and sell after they get their entitlement? Price is coming back down now from a high 1.37!

Posted by kh839 > 2014-07-10 21:19 | Report Abuse

look forward to some good news soon

Posted by Lester > 2014-07-11 09:42 | Report Abuse

Keep high today siao liao

Posted by khchong78 > 2014-07-11 23:10 | Report Abuse

High eps in next Q.

Posted by kh839 > 2014-07-12 15:24 | Report Abuse

PE is very low if annualized the profit in 1st Qtr

Posted by LiveStrong > 2014-07-16 19:59 | Report Abuse

Yeah!

Posted by Simonalibaba > 2014-07-16 21:16 | Report Abuse

This is going for rm2 soon.

Posted by Taufikshafii > 2014-07-21 23:09 | Report Abuse

What happened with teoseng today? Anybody know?

Posted by Juntan > 2014-07-22 09:23 | Report Abuse

fishing in the pool.. hahahaha..

Posted by jesper > 2014-07-22 10:48 | Report Abuse

Today chart so pressuring...

Posted by investmentarm > 2014-07-22 12:33 | Report Abuse

todays price like yoyo... lol

Posted by kh839 > 2014-07-22 14:47 | Report Abuse

should be a corporate exercise with some changes on the shareholders

Posted by hkhk > 2014-07-22 15:16 | Report Abuse

can buy now?

Posted by hkhk > 2014-07-22 16:17 | Report Abuse

so...?

Posted by kh839 > 2014-07-22 17:29 | Report Abuse

buy and hold.....

Posted by Taufikshafii > 2014-07-22 23:03 | Report Abuse

Yaya. Good time to add. Today just miss should buy at 0.97. Jia lat. reversal sign.

Posted by KONG88 > 2014-07-22 23:25 | Report Abuse

6m volume .....will have good show @@

Posted by kh839 > 2014-07-23 07:32 | Report Abuse

Bingo!

Posted by speakup > 2014-07-23 07:33 | Report Abuse

HARI RAYA RALLY!

Posted by investmentarm > 2014-07-23 11:05 | Report Abuse

Seems very unstable. The ups & downs swing is quite scary.

Posted by fundtrader > 2014-07-23 11:17 | Report Abuse

high volume, looking forward to another wave

Posted by sunnylow > 2014-07-23 15:53 | Report Abuse

15 % crossed today . what's up ?