After dilute (including Wa), whole year eps=10.83cent. PE just make it 12, don't greed. It worth for RM1.3
Convert back to current price it at least need to be RM2.3 Buy below RM2.3 consider earn when hold till bonus issue + warrant (whole process I think within 2 months can complete)
Awaiting the big chicken drop till RM 2.1 really super value. Hope for RM 2: D
Ppl panic selling, big crocodile want collect at low prixe, short term trader (we call tips player) involved in, tat y drop. A good company with good invester will not effect by market outlook, (unless economy crisis)
erkongseng sudah jual awal-awal sebelum teoseong announced bonus issue/free warrant, he aims at PWROOT now. Ramai orang tak expect TEOSENG lepas announcement, begitu teruknya...
i still hold my ticket tightly and as i know leong hup and teo seng bosses too, they wouldn't fight with money , they want reward themselves by using company money......
As I say, I am still collecting slowly as it is cheaper now and fundamental strong company will rebound after drop. Junks stock will hardly rebound after drop. once Teoseng rebound will be sharp sharp one as everybody seen before. it is the matter of time.....LOL..............I love happy egg........haha....
Seungi, thanks for your infor. If bosses wanna reward themselves through share, they must work extremely hard to deliver a good result, it will benefit minority shareholder too if they wanna pay a generous dividend to themselves. Much better than those management who only think of fat bonus and bigger pay check.
maize price rise is a fact, but take note that the price is start falling since end of august and getting lower in September/October....and the maize usually keep stock approximately up to one month for feeding...hence the maize price increase not really affected Q4. Based on future maize price forecast, the price max can return to the level par with January 2014, it shall not really impact the profit. Maize constitute about 50 to 55% of feeding... another 25% to 28% by soybean which price has fell to four years low in August and September. Hence with the cost of sales reduce and sustainable demand,,,,,what is the gross profit like in Q4.......
Improve of gross profit has been shown. if compare Q2 and Q3, gross profit has been increase from 15.6% to 19%....
NOT BUY, HOLD OR SELL CALL, just my personal opinion
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....
Owosela
53 posts
Posted by Owosela > 2014-11-13 15:40 | Report Abuse
yes,he sold some last week.