Turn on your app and check the sell and buy columns respectively on Layhong and Huatlai. Compare with Teoseng. You can see the small momentum. Of course there is no good news from Teoseng to trigger the rise.
One thing about Teoseng is they have a very bad corporate communication practice. Two weeks ago I read the one whole page interview in The Edge Daily (It is not easy to get a recognition from the high standard financial media like The Edge). Spoke person of Teoseng did not take the opportunity to selectively highlight the prospect of the company but every good news will follow by reality check and downside of future plan. For an example, the 5 million eggs plan seemed not in proper track because of certain reasons. What the spoke person talked was a bit demotivated for me.
Anyone from Teoseng here, or anyone who is going to attend their shareholder meeting, please raise the issue of their corporate communication weakness. (Does Teoseng have this division?) They got to learn how CEO in EcoWorld talked even though the property market is so gloomy now but still very motivational.
tanaloo : thank you for your information, but how u get TP RM5 ? even break 1.6 seem ho q difficult now. egg price only 0.35 compared last year quarter is higher.
778899: The TP now is RM2.5. With a plan of 5 millions production plus 40% export target to Singapore, hence, the current target price should be doubled (RM2.5 x2=RM5). In addition to the cost cutting exercise of biogas and price hike, so it should be RM5 plus.
tanaloo : thank you for explain. but 5 mil production can achieve after on hold 1 plant instead of 2 ? price is hiking compared last quarter but not in last year quarter comparison. if not mistake, last year quarter price reached 0.4 or the TP maybe need to wait longer ? just my 1 cent opinion. correct me if I wrong.
If we average up all the price of different grades' egg in the last quarter and compared with this coming quarter, we can see a clear increment.
For an example, in July the price of eggs for Grade AA: 32, Grade A: 31, Grade B: 30, Grade C: 28, Grade D: 26, Grade:24.
But the beginning of the this quarter in October, the egg prices increased significantly for all grades, Grade AA: 38, Grade A: 37, Grade B: 36, Grade C: 35, Grade D: 34, Grade:31.
Even with the lower price in November and December, the price is still higher than in the month of July.
So the next quarter's earning would be better than this quarter is for sure. I will add more for this counter.
guys, visited spore recently, with the gaining strength of sing dollar and rising demand of proteins (eggs and poultry because many young men after national service will continue to go for gym, asked local people)...this counter should be okay..
Haiz... Everyday drop... but egg price didn't drop also... so when egg price up you guy really think this counter will shoot up? KLCI up for recntly days... but this counter move different direction.
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....
tanaloo
15 posts
Posted by tanaloo > 2015-12-08 14:55 | Report Abuse
Turn on your app and check the sell and buy columns respectively on Layhong and Huatlai. Compare with Teoseng. You can see the small momentum. Of course there is no good news from Teoseng to trigger the rise.
One thing about Teoseng is they have a very bad corporate communication practice. Two weeks ago I read the one whole page interview in The Edge Daily (It is not easy to get a recognition from the high standard financial media like The Edge). Spoke person of Teoseng did not take the opportunity to selectively highlight the prospect of the company but every good news will follow by reality check and downside of future plan. For an example, the 5 million eggs plan seemed not in proper track because of certain reasons. What the spoke person talked was a bit demotivated for me.
Anyone from Teoseng here, or anyone who is going to attend their shareholder meeting, please raise the issue of their corporate communication weakness. (Does Teoseng have this division?) They got to learn how CEO in EcoWorld talked even though the property market is so gloomy now but still very motivational.