网友分享--just to share my queries to the management and their reply:
Q1. I understand that Teo Seng's farm 8 has been banned from exporting to Singapore due to Salmonella Enteritidis quoted by a few press. May i know what is the root cause of this? http://www.chinapress.com.my/node/565038 A: There is only one export farm out of our 8 accredited export farms banned by the authorities of Singapore. Salmonella infection in chickens can be due to many factors. It is the bacteria that can be commonly found in the environment and therefore chickens may get the bacteria from long list of possibilities. However, our company have reviewed our internal monitoring and control measures so that our customer’s health will not be compromised and they are remain confident in our products.
Q2) Any possibility that other farms also have the same problem but not detected by authority yet? A: We have immediately strengthen our existing internal monitoring and control measures across all the farms apart from our stringent protocol as stated in our National Salmonella Control and Eradication Programme (NASCEP) by the Department of Veterinary Services, Malaysia. We also strengthen our Food Safety Management Systems by reviewing and take all the necessary measures as stated in our Hazard Analysis and Critical Control Point (HACCP). We would like to add that our recent internal monitoring and investigation have so far revealed that our other farms are not affected.
For your information, Salmonella bacteria will be killed / deactivated when they are exposed to a temperature above 60 Degree Celsius. Therefore, the eggs should be cooked until both egg yolk and egg white are firm.
Q3) i understand that teo seng is currently expanding the farms and can i know what is the status and progress now? A: Teo Seng is progressively expanding its farming projects and other supporting businesses. At present, it is the third largest egg producer in Malaysia and prepare to be the second largest egg producer in line with its expansion plans. There are a lot of on-going projects to enhance the future earnings of the Group.
Q4: May I know what is the contribution of farm 8 (the one banned by Singapore) in terms of group's total capacity? A:The contribution of farm 8 is not significant and we can resubmit our application for approval. Besides, we can also replace other farms for exporting eggs to Singapore.
Q5: I was told that there is restructuring on going at leong hup group of companies involving Teo Seng as well, wondering could you share some brief information regarding that? A:We were told that there are some changes on the group structure of Leong Hup. So far, nothings have come to our attention which will affect Teo Seng.
68. Of the 944 goods and services in the basket of goods of the CPI, the prices of 532 items or 56% are expected to reduce up to 4.1%. Among the goods are medicines, electrical appliances such as refrigerators and washing machines, textile products, plastic products such as pails and plates, shoes and slippers, household furniture, baby diapers, soap, meat, chicken eggs, cooking oil, seafood, rice and vegetables.
Price of eggs may reduce up to 4.1%, time for teoseng to lower its cost to cover up the slight loss in profit?
Investment is abt buying good shares and let them perform in term of earning. Then it will be reflected in eps thus the share prices will reflect it value. What have change since the high? Lots of changes. Oil price drop will bring down the costs of doing business! It will drive raw materials like corn and soy lower. So the inputs and transportation costs and generating lower. It will help propel the world economy. It's like injecting usd1.1 trillion as stimulus to the world economy!
If we are buying commodities stocks like mining, plantation, ah ha then you will see more losses going forward. But not the consumer stock like teoseng. The recent drop in corn prices will reflect in their quarterly results for at least 2 qtr.
Its very sure that the profit result of next annoucement and current quarter should be another record high. For those with holding power, cant see any reason why u need to be panic. Perhaps its a good time to accumulate more at lower price.
3rd Q will better than any of the first half Q results. Potential div, bonus share/ warrant is on the way, erkongseng, please correct me if I'm wrong ;)
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....
erkongseng
3,192 posts
Posted by erkongseng > 2014-10-08 15:37 | Report Abuse
鸡蛋为人类主要食品,业务抗跌性强,永远不会有销售问题.公司的Roe=20.6
Teoseng 于新山超市出售的鸡旦.10粒裝低旦固醇与含维他命E.售价rm4.70,
产自近永平区,其他品牌普通装賣rm4.00,价格比别家强,看到净利了.
rm2.17 现在teoseng机会进场.
红股的事可能会延迟多一季,如果有延迟的话,
第三季的盈利报告出炉时会宣布再派多一次股息,如果没延迟的话,第三季报告出炉过后就会宣布了
哈哈,人棄我取。