The shorties also erode confidence, which is the driver of the share price, in the stock. If sudden sell down for no reason, it will be hard for the share price to recover, if at all. Therefore Teo Seng management must support its price if it wants Teo Seng to be blue chip stock.
Teoseng will back to 2.12 this two day, and the qr report will be out next months ,just hold your share until tp 2.70 after qr report, then,June is Malay Puasa and raya coming soon ,egg and chicken will more consume to whole Malaysia market,so hope happy invest,haha.
Yup,we all is TS supporter, remember the warren e. Buffett rule, hold your share and see it for long term, TS this year have so many new invest activity, and last year the company have expense 23m dividend for investor, if this year is same 23m, dividend will around 7.6-8 cent,just wait the qr report and dividend anou.
Kkbull, I doubt raya & puasa will affect Teo Seng's earnings by alot. Teo Seng mostly export to Singapore, and Malays there represent 13.3% only of total population (2014 demographic report). There definitely will be a slight increase in consumption during Raya period though.
Actually even if Teo Seng's profit remain the same, they might be able to payout more dividend. A few reasons to support this: 1. Cash balances of 39m as of last Q report. Gearing still considered low. 2. Growing dividend trend from 2010 - 0.85sen, 2011 - 1.4sen, 2012 - 1.75sen, 2013 - 2.5sen, 2014 - 10sen. 3. Free Cash Flow vs Revenue is at 11.45% (anything above 10% is cash rich). 4. Growing owner's earnings (one of the main things Warren Buffet will look into).
TS is currently going to a healthy correction mode after a spectacular rally. Its straight forward business model is what i like most and eggs always be man kind cheapest source of protein. Teoseng strategic farm location enable it to deliver fresh supplies daily to Singapore. With good ISO implementation i belief this market will always give a better margin.
Super mario game over is not that worrying much. The real scary 1 will be bird flu which i doubt happening now. At current price its no harm to pick up a few and no reason to sell unnecessary.
Standard ROE = 30.79%, Clean-Sheet ROE = 37%(18% per year growth average). Operating margin average growth for last 10 qtrs = 2.16% per qtr uptrend, Net Margin = 1.63% per qtr uptrend. Not bad for fundamentalist.
I am watching some one keep talking this stock down, I think he is a damp sore loser. Actually for those who contributed factual news to this, I say thank you for contributing factual news for all of us to benefit . I have been investing into this stock and have been giving lots of factual details of why this is a good stock. Can check what I have written all this while. Many have benefited. Even if prices have come down or eggs price are now moderating does not mean it's the end. For those who bot few lots u jump up and down and in and out. But for those who invested millions how? Let all readers use their maturity to invest. As if all major shareholders are selling it down to the drain? They have been in business for umpteen years. Up and down. Stay calm and keep investing, the dividend will keep rewarding the loyal investors.
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....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2015-04-07 16:50 | Report Abuse
The shorties also erode confidence, which is the driver of the share price, in the stock. If sudden sell down for no reason, it will be hard for the share price to recover, if at all. Therefore Teo Seng management must support its price if it wants Teo Seng to be blue chip stock.