TEO SENG CAPITAL BHD

KLSE (MYR): TEOSENG (7252)

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Last Price

2.36

Today's Change

-0.02 (0.84%)

Day's Change

2.36 - 2.39

Trading Volume

163,900


7 people like this.

6,273 comment(s). Last comment by markgold 1 week ago

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-21 18:06 | Report Abuse

Dun worry, Be happy. :)

philan

462 posts

Posted by philan > 2015-04-21 21:50 | Report Abuse

https://fortune.com/2015/04/21/iowa-outbreak-bird-flu/

Iowa was already among 12 states that have detected bird flu in poultry since the beginning of the year. The other states are Arkansas, Idaho, Kansas, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Washington and Wisconsin.

-take note, not just Iowa, a lot of US place has detected and since the beginning of the year. It is just US at the moment.

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-21 22:10 | Report Abuse

Confirm uptrend signal. Another rally. :)

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-22 10:48 | Report Abuse

ba ba ba buy buy~! :)

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-22 12:05 | Report Abuse

冀日产520万鸡蛋 潮成5年资本开销2亿
财经新闻 财经 2015-04-22 09:33
(吉隆坡21日讯)潮成集团(TEOSENG,7252,主板消费产品股)预计在未来4至5年内,拨出2亿令吉资本开销,提高鸡蛋的每日产量62.5%至520万个。
潮成集团非执行董事刘团源表示,目前每日产320万个鸡蛋,系统升级后,便可提高至每日520万个。
该集团也期望在未来4年内,从现有6.5%的市场份额,提高至10%。
刘团源指出,目前大马鸡蛋消费约一天3650万个,预计在今年会增加3至5%。
潮成集团为我国第三大鸡蛋生产商,核心业务为家禽养殖,生产鸡蛋、纸皮托盘和动物饲料,也分销动物健康食品。
目前,沼气发电厂将会成为潮成集团新企业,工厂将利用发出沼气的鸡粪来生产电能。
刘团源表示,集团预计在未来5年内打造5座工厂,每座工厂预计投入600至800万令吉。
“第一座沼气发电厂预计今年落成,明年投入生产。”
他也表示,一旦工厂投入生产,将为集团节省高达200万令吉的电力开销,或参与大马永续能源发展局的电力回购计划(FiT)。
“不过,参与计划的前提是,发电厂设在国家能源公司附近。”

philan

462 posts

Posted by philan > 2015-04-22 12:07 | Report Abuse

http://www.usatoday.com/story/news/nation/2015/04/21/bird-flu-q-and-a/26141337/

For those who are so concerned about the bird flu in USA =.=

Even its impact is minimal for US market...zzz

Posted by speculator007 > 2015-04-22 13:12 | Report Abuse

Strong share

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-22 13:40 | Report Abuse

Bullish last rally!

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-22 16:57 | Report Abuse

Coming soon! Coming soon! What a feeling! :)

yktay1

464 posts

Posted by yktay1 > 2015-04-22 22:35 | Report Abuse

be careful, there might be a birdflu outbreak

Lim Elson

2,550 posts

Posted by Lim Elson > 2015-04-23 12:03 | Report Abuse

but i saw LTKM egg everywhere leh... hmmm....

Jackynck

315 posts

Posted by Jackynck > 2015-04-23 12:12 | Report Abuse

boring... trade volumn low.. but should be good sign...

Jackynck

315 posts

Posted by Jackynck > 2015-04-23 12:16 | Report Abuse

1.99 sold 1... 2.00 buy 1... very funny

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-23 12:17 | Report Abuse

Egg price now raise already. So, know what i mean? :)

jupiter

1,518 posts

Posted by jupiter > 2015-04-24 10:00 | Report Abuse

teoseng wa T.T

Jackynck

315 posts

Posted by Jackynck > 2015-04-24 11:59 | Report Abuse

just wonder to know that they wan to push down till wat price before they start to buy bac.. as report gonna out next month...

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-24 12:33 | Report Abuse

Coming, no worry.

jupiter

1,518 posts

Posted by jupiter > 2015-04-24 12:45 | Report Abuse

report gonna out next month??

jupiter

1,518 posts

Posted by jupiter > 2015-04-24 12:46 | Report Abuse

vaylens wht coming??

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-24 14:53 | Report Abuse

patients man....

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-24 19:22 | Report Abuse

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description TEO SENG CAPITAL BERHAD ("TEO SENG" OR" COMPANY")

(A) PROPOSED ACQUISITION ; AND

(B) PROPOSED DISPOSAL
The Board of Directors of Teo Seng (“Board”) wishes to announce that Premium Egg Products Pte Ltd ("PEPP"), a wholly-owned subsidiary of Teo Seng, had today entered into:-

1. a conditional sale and purchase agreement (“SPA”) with Oceantrade Foods Pte Ltd, Loi Teck Heng (“LTH”), Low Sook Cheng and Lee Yee Gee (collectively known as “Vendors”) to acquire 1,400,000 ordinary shares in BH Fresh Food Pte Ltd (“BHFF”), representing 100% of the equity interest in BHFF (“Sale Shares”) from the Vendors for a total cash consideration of SGD9.80 million (equivalent to approximately RM26.40 million) (“Purchase Consideration”) ("Proposed Acquisition") ; and

2.a conditional agreement to dispose off the business and certain assets of BHFF, on an “as is where is” basis, to L M Meat Pte Ltd (“Disposal Agreement”) for a cash consideration of SGD1.8 million (equivalent to approximately RM4.85 million) (“Disposal Consideration”) ("Proposed Disposal") .The list of the disposal assets is set out in Section 3.1 of this announcement.
The Proposed Acquisition and Proposed Disposal (collectively referrred to as "Proposals") are inter-conditional upon each other and shall be completed concurrently.

Accordingly, the Proposals essentially involve the acquisition by the Teo Seng Group, via PEPP, of the Property (as defined in Section 2.1 below) to further expand its business operations in Singapore as the business and certain assets of BHFF which amongst others, are acquired pursuant to the Proposed Acquisition will be disposed pursuant to the Proposed Disposal.

Please refer to the attachment for the further details of the Proposals.

This announcement is dated 24 April 2015.

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-24 20:21 | Report Abuse

Seen would like to expand business to Singapore later on.

followind

71 posts

Posted by followind > 2015-04-25 06:39 | Report Abuse

Teo Seng to buy Singapore factory for RM26.4m to further expand its biz there

By Sulhi Azman / theedgemarkets.com | April 24, 2015 : 8:39 PM MYT
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KUALA LUMPUR (Apr 24): Teo Seng Capital Bhd ( Financial Dashboard)'s wholly-owned subsidiary Premium Egg Products Pte Ltd (PEPP) is acquiring entire interest in loss-making BH Fresh Food Pte Ltd (BHFF) for S$9.8 million (RM26.4 million) cash, which owns a factory with cold, freezer and chiller rooms in Singapore.

In a filing with Bursa Malaysia today, Teo Seng (fundamental: 1.9; valuation: 2.1) said Singapore-based BHFF is involved in production, processing, preserving and wholesaling of meat and meat-related products. It currently uses the Singapore factory as a central kitchen to produce ready-to-eat products for hotel and restaurants as well as retailing in its Mmmm! chain of specialty shops.

PEPP today signed a conditional sale and purchase agreement with Oceantrade Foods Pte Ltd (57.86%) and three Singaporeans – Loi Teck Heng (33.57%), Low Sook Cheng (1.43%) and Lee Yee Gee (7.14%) – (collectively known as vendors) to acquire their respective interest in BHFF.

PEPP also signed a conditional agreement with the vendors to dispose of the business and certain assets of BHFF, on an “as is where is” basis, to L M Meat Pte Ltd for S$1.8 million (RM4.85 million) cash.

Teo Seng said the proposed acquisition and disposal are inter-conditional upon each other and shall be completed concurrently. The proposals are expected to be completed during the financial year ending Dec 31, 2015.

"The proposals essentially involve the acquisition by Teo Seng Group, via PEPP, of the property to further expand its business operations in Singapore," said Teo Seng.

It added that the purchase of BHFF will be partly set-off against the proceeds from the proposed disposal. The balance will be funded via internal funds and/or bank borrowings.

Teo Seng said the proposals are in line with the group’s plan to expand its marketing network and customer base overseas. It has been operating in the Singapore market for 10 years.

"The proposals enable the group to expand its business operations by acquiring the property as a distribution centre to cater for the increasing demand for Teo Seng Group’s products in Singapore. It is the intention of the group to focus on its core business in Singapore which is trading or distributing of fresh shell eggs," it added.

For the financial year ended Dec 31, 2014, BHFF recorded a net loss of S$54,000 (RM1.45 million) with an unaudited net assets of S$70,000 (RM1.89 million).

Teo Seng shares closed 1.5% lower at RM1.97 today, giving it a market capitalisation of RM591 million.

jupiter

1,518 posts

Posted by jupiter > 2015-04-27 11:29 | Report Abuse

no buyer de

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-27 11:49 | Report Abuse

Got, 1lot buyer. :)

jupiter

1,518 posts

Posted by jupiter > 2015-04-27 11:54 | Report Abuse

=.=

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-27 16:10 | Report Abuse

ooops....@.@

kenneth89

2,695 posts

Posted by kenneth89 > 2015-04-27 16:15 | Report Abuse

dropping because of buying new factory ? LOL

jupiter

1,518 posts

Posted by jupiter > 2015-04-27 16:49 | Report Abuse

够力了

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-27 16:58 | Report Abuse

Accumulate when low then :)

kcwong98

91 posts

Posted by kcwong98 > 2015-04-27 20:01 | Report Abuse

Hope can increase Singapore sales from 30% to 40% after having the warehouse logistics.

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-27 20:35 | Report Abuse

Normally will free fall again...

WXGWXW

172 posts

Posted by WXGWXW > 2015-04-27 21:39 | Report Abuse

mr market is giving fair opportunity now at 1.92 econ price

gungho92

388 posts

Posted by gungho92 > 2015-04-28 00:42 | Report Abuse

wow...so speculative...

jupiter

1,518 posts

Posted by jupiter > 2015-04-28 11:33 | Report Abuse

haizzz drop again

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-28 13:57 | Report Abuse

rebound soon...

jupiter

1,518 posts

Posted by jupiter > 2015-04-28 16:11 | Report Abuse

谁知道业绩几时出??

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-28 19:27 | Report Abuse

jupiter, I can 100% sure tomorrow will up!

monde

1,105 posts

Posted by monde > 2015-04-28 19:30 | Report Abuse

Ok, we will see your 100%

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-28 20:08 | Report Abuse

monde, you seen not really believe what I say, last time ask you all run but you all say good ar raise woh. Haiz....Say down then no believe me, say up then no believe also. Sad....

monde

1,105 posts

Posted by monde > 2015-04-28 20:23 | Report Abuse

Don't get me wrong, Just want to see your 100% :)

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-28 21:06 | Report Abuse

If tomorrow drop, then will got ppl "complain" again, but if raise no prize for me also. :)

Posted by Sebastian Sted Power > 2015-04-29 10:21 | Report Abuse

I think coming quarter results sure super good because SGD up up up

jupiter

1,518 posts

Posted by jupiter > 2015-04-29 10:25 | Report Abuse

haizzzz drop

jupiter

1,518 posts

Posted by jupiter > 2015-04-29 10:27 | Report Abuse

谁知道几时报业绩

jupiter

1,518 posts

Posted by jupiter > 2015-04-29 10:28 | Report Abuse

vaylens also drop today T.T

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-29 10:34 | Report Abuse

Just I say yesterday "If tomorrow drop, then will got ppl "complain" again, but if raise no prize for me also. :)" So zhun! Hey jupiter, you always want see 业绩, if 业绩 come out not good how? Totally cut loss? Try think about it, now is time to accumulate more.

jupiter

1,518 posts

Posted by jupiter > 2015-04-29 10:40 | Report Abuse

ok i trust you today will up

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-29 10:41 | Report Abuse

jupiter, dont trust me please! Trust your self! You should think what should really can do now is accumulate and patience.

jupiter

1,518 posts

Posted by jupiter > 2015-04-29 10:43 | Report Abuse

confuse

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