too much egg high cholestrol. lets see how bad this company will go sinve egg price from sgd 6 dived to sgd 4. i think i should sell kampung eggs, aka free range egg.
my prediction is price will stagnant/consolidate at around rm1....so guys, do average down near that area.... and beware of next month quarter result, if very bad result, then might go to 0.8 region..
mkt koyak already ppl become poorer day by day so households have to cut their daily expenses eat less meat eat more eggs ie made in teoseng farms eggs only very yummy & cholesterol free guarantee no need to visit doctors forever
@Invest123, why you keep diu teoseng..hahaha..funny to see you all diu everyday... if you lost confident, just sell...can collect back cheaper price later... if you are still confident to them, just hold lor...life still goes on..you still can eat can play can fck...u lost nth..just some digit losing, not your meat losing also..
who make price drop??? panic seller... if hold tight... this wont be happen.... those sell at rm1.50 level...still can accept but rm1.30 level oso sell... really cant imagine... look like this share is goreng stock...
if is profit taking, sure choose to throw when price start to drop but not at this level price but maybe still got some cant tahan anymore and choose to sell it...
felda or local fund are holding few % of stock which is few million share at least...they already sell since 2.0 region until now...they couldn't sell all at rm2 la..where got so many buy at rm2..if 1 day they throw all, sure limit down, then they might not able to sell even half.. their selling strategy is slow slow sell, make sure can sell..then average the selling price maybe around 1.3-1.4 still making good profit, who knows...even lost also not their money, they will care so much..?they are managing investor money, not their pocket money, so they wouldn't think twice, they are follow command.
Most stocks are oversold disregard fundamental. Including TeoSeng. So, just take a pick, any stock, a rebound will provide you a FD rate of 4% in a few days. Of course, if it continue for the next two days, cut loss and wait.
last year hovering around 0.6 to 0.7. if based on after the bonus issue and warrant, ur cost should be 0.540. then, u are the winner. seems like i am a looser. my entry cost 1.30 after average at 400 lots.
actually, i study their report and shareholding before enter. but, still a bad move.
@ww2020, too bad to hear that you bought at 2.30. That's super high. Almost 50% drop already. I think you should hold if you think the company still strong in fundamental. Too late to cut.
Qtr profit hit peak in Q4 14, and Q1 15, going forward profit downtrend, why?
As Eggs prices start to drop after new high in Q1, due to more new farmer restart layer, Teoseng has to called off expansion.
Commodities have bottom out due to fear of El Niño, you guys feeling the heat now?
Next qtr looking at lower than Q1. So full year 2015 might be lower than FY 2014 due to ringgit weakness will be costly for corn import. Export to Spore only 30% so cannot cover all.
This is a cyclical business. So target price now is 1.
Why stick to this falling fundamental. Smart investors should shift to Top Glove which will benefit from ringgit weakness and productivity improvement. Top glove is the world largest so deserve PE 20, target price 9
i scare rm1 is achievable this friday... this kongsenger always posted like tat so sien.. his style is chasing high, make alot of retailer die only... he likes to chase those stock which already up 2-3 fold...bad call fro him...today still ask ppl enter...
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....
skyu
2,497 posts
Posted by skyu > 2015-07-08 14:21 | Report Abuse
too much egg high cholestrol. lets see how bad this company will go sinve egg price from sgd 6 dived to sgd 4. i think i should sell kampung eggs, aka free range egg.