Simonalibaba, I have been waiting for you to comment on today's lackluster performance. I am also curious who is selling today. Looking at today's volume, it is the 3rd highest for the past month, if not year.
Just look at the result, roe, div yield, egg prices, corn prices. All the ingredients confluence at the right time, at the right moment. The perfect Strom for next up cycle to 3! You need to move back one step and two step forward to tango.
Simonalibaba, thanks for your comments. Although I am just vested TeoSeng today, keep average down till no bullets. I was quite puzzled how come a share with excellent quarter profit, special div, bonus issue & free warrant would drop so much today. For sure there are some profit taker, but it shouldn't plunge the share price so badly. Anyway, I took it as a chance for me to invest in this counter (although my avg p is 2.4x). Regardless rain and shine, people still need to eat, right. LOL
Spot on! The management announced all these to reward themselves incl we all who bot teoseng. To me I can buy more and it make the stock more compelling to hold on to it. My target is 3 PE 15 assuming eps of 20 cents. Upside of 30%. Not many knows that their spore distributions efficiency will add on to their earning. And best of all The Edge is the first to cover this stock, no research house even notice this stock until last week. When more houses starting to cover this stock the liquidity will become more exciting! When the prices drop, the setting of the conversion price of warrant at lower level will make the warrant more attractive. Think who stand to benefit the most?
The is the typical example of buy on remours sell on news, teoseng has been increase more than 200 percent in a year. Finally company announce all the good news, surely today will have people sell on news. But looking at the buy rate today, I still feel good and safe over this stock. No worries guys, if you plan to keep this stock, then just hold and see. For mid or long term player, you don't give a shit over intra day difference. You see the intrinsic value of the stock.
Fat hope! Siulong , I don't think u can buy lower than this. I have written long ago when this stock around 1.5 that it will go up till 3( cum all) by CNY.
good sharing simonalibaba, u r the one who call to buy in july and predict correctly price will up to RM2 by september... as mentioned, bonus issue is zero sum game, my focus is on warrant, the sales and profit surely will better till CNY due to festive demand, lower feeding cost and rising of egg price. The management is so kind to give 5 sen dividend for consecutive 2 quarter, dun you think that will do it again if better Q4.............. 12/11/2014 23:01
different ppl have different views, some said got ppl press down to collect more, some ppl said that ppl selling on news, some said price already factor in the company value, some said still worth to invest, so learning to digest all these views.........@@
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....
siulong1
407 posts
Posted by siulong1 > 2014-11-12 18:44 | Report Abuse
good stock also drop, KLSE really dont know what to say anymore....