livestrong, agree that teoseng is a not-bad company... but, recent quarter results tell us, the growth is limited and what Teoseng management does to break the bottleneck?
You guys are must have faith, the q3 result is bad! Why due to Ringgit depreciation and weak eggs prices! But that is from June till September period. Even since October till now egg prices have recovered to near all time high. So the fourth qtr will be good if not better than last year but definately better than q3 if ringgit don't weeken further from here.
Hissyu2 It is very likely they hold off the expansion due to our weak currency... i believe we will see a better quarter 4 due to following reason.
The prices of egg gone up due to Haze situation back in Sept and Oct and also increased export to HK. You can multiply the price differences by number of egg produced. It is actually quite easy to estimate.
Having said that, i believe that this year net profit will be impressive as ending Sept 2015 they are already 20% more than 2014. If they maintained last year performance, it will end with net profit of 20% more than 2014.
So, enjoy your ride next quarter, if you still holding it.
If you think it's so bad, then please sell and move on to next counter. If you still believe the fundamentals are strong with this one, I suggest you wait for the price to drop further before buying in more.
Like I said, if you think it's bad, you sell and move on. If you continuous promote SELL here, people will suspect you may have a motive to bring the price down and accumulate cheaply for your own benefit.
Posted by muscle > Nov 18, 2015 10:58 AM | Report Abuse
kahfai...u stalk me a?haha....I early also switch counter to supermx and earn ady a huge sum lo...the talkcock simon and martin dun believe them....but I manage to sell at 0.11....
What we are buying from Oct till now is for expectation for a higher qtr 4. The current result already reflected when the shares dropped till 1.20 in August.
any sifu here can kindly describe how big will be the impact for our share market and also this counter once US rise the interest rate in mid December?
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....
WiseEye
1,199 posts
Posted by WiseEye > 2015-11-17 17:28 | Report Abuse
Looks like the share price did not reflect its results. Should wait till it drops further to accumulate