no one can exactly predict when is the highest or lowest stock price, back to fundamental, viable business will ensure north direction....i predict the stock price can up to arnd 2.70-3.00... support level is 2.10, anyway this is not buy or sell call.....u may refer erkongseng comment, quite intensive about teoseng, he know much more than me.......
good news, egg price hike....With production of approximately 3 million eggs per day and recent feeding materials cost drop, profit should increase in 4Q this year, good stock to hold
If egg increase additional rm0.03 selling price, then will increase EPS, so PE of 15 should revise upward. Rm0.03 x 3m eggs (daily production) =rm90k daily x365 days= rm32.8m additional profit yearly. Assuming 2014 profit is rm40m + rm32.8m (additional profit from increase price) = rm72.8m profit. Therefore, the new forecast EPS is rm0.364 per shares. PE of 15 is rm5.46 for Teoseng due to increase of selling price.
Good sharing, dowjones. However egg price is not fixed, it subject to fluctuation. Currently price up is mainly due to insufficient supply, however due to coming christmas and chinese new year, foresee will boost the demand of egg (cookies,cake), hence the 4Q and 1Q 15' result definitely better as the production of the farms cannot increase in short time, egg price will maintain or hike in short term period.
Teo Seng is considered close to its fair valuation. To be able to reach a higher price, they will need to report higher earnings in the next Q report to support it. Price will most likely float around the current price until the Q report out later this month.
erm, just a guess. i expect 5 cents dividend per share (same as previous quarter), for bonus issue estimated 2:1 and foresee there is free warrant.....................the price pretty stable this few days, and realize someone slowly collect the ticket.....teoseng should fly in next two weeks.
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
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Posted by erkongseng > 2014-10-31 19:16 | Report Abuse
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