Posted by upsidedown119 > 2016-02-23 10:12 | Report Abuse

Poorer results due to lower price of eggs. But egg production increased. and trading income too.

Posted by glorymas > 2016-02-23 10:16 | Report Abuse

if using previous PE of 6, the fair price should be RM0.879 only, with latest EPS 14.65, if anyone can accept PE of 10, this counter still worth RM1.465 geh...

Posted by warrantKing > 2016-02-23 10:26 | Report Abuse

what i can say is , treat this as a good chance to collect low ??
U know lah , our country , very hardworking to import bangla one mah....
1.5million bangla = 1.5million eggs consume everyday....

Posted by tomyamgong > 2016-02-23 10:59 | Report Abuse

Glorymas: share price always reflect future value, not present value. Consult with erkongseng before u buy in, he knows Tiuniaseng's boss. hahaa

Posted by shazali6609 > 2016-02-23 11:26 | Report Abuse

who kena trap of erkongseng? he always trap ppl by recommending ppl to chase high...never ever trust on him..he will run earlier and ignore all of you..he only keep promoting when he bought in 1 stock, but never give sell signal, and he will exit quietly

Posted by Melvin G > 2016-02-23 11:42 | Report Abuse

wow, buy on ur own, lose money and start blaming. It's your attitude which make u lose money dude, keep it up and keep losing ya =)

Posted by joni > 2016-02-23 12:31 | Report Abuse

1.5 x 2500 collect additional 3.75B of levy plus eggs consumption & 6%

Posted by skyz > 2016-02-23 13:38 | Report Abuse

no idea who is this erkongseng, but from how u described him, he share similar traits like Uncle Koon. lol

Posted by glorymas > 2016-02-23 15:05 | Report Abuse

i duno who is erkongseng too...hehe

Posted by mhelmi80 > 2016-02-23 20:20 | Report Abuse

lay hong profit also down..

Posted by oommgg > 2016-02-23 21:05 | Report Abuse

Personally don't think coming result is better than last year corresponding quarter.

Posted by MartinJHLim > 2016-02-23 22:09 | Report Abuse

The 6% indeed ruined many businesses.

Posted by cipapo > 2016-02-23 22:19 | Report Abuse

I did my homework la....I already warned u guys the chicken feed is expensive....then u come fark me...now go fark yourself...

Posted by shinado > 2016-02-23 22:55 | Report Abuse

I have been holding on to Teo Seng for 20 months since June 2014. And now, I officially bid goodbye. http://klse.i3investor.com/blogs/shinado/91740.jsp

Please do your own research beforehand. I only present my own view and this is not a BUY/HOLD/SELL call.

Posted by wws2020 > 2016-02-24 07:05 | Report Abuse

Shinado, once sold. you know can buy more it sure will up today.

Posted by shinado > 2016-02-24 11:09 | Report Abuse

wws2020, if you read what I posted. You will understand why I sell and why I would not buy again today, tomorrow, the next few weeks or the next few months.

But in the future? Maybe. Sometimes the unexpected might happen.

Posted by wws2020 > Feb 24, 2016 07:05 AM | Report Abuse

Shinado, once sold. you know can buy more it sure will up today.

Posted by wws2020 > 2016-02-24 11:33 | Report Abuse

Oh i read, thanks for sharing.

Posted by ykhoe > 2016-02-24 15:29 | Report Abuse

From my understand, the chicken feed is still low: http://www.indexmundi.com/commodities/?commodity=corn&months=60
Profit drop is due to the egg price but I have no idea how to find Malaysia egg price

Posted by shinado > 2016-02-24 16:21 | Report Abuse

ykhoe, as I have mentioned, chicken feed price still low. But sold in USD. Teo Seng will have to fork out more Ringgit to purchase.

For egg prices, I remember there was a gov website for it but I can't recall at this moment.

Posted by ykhoe > Feb 24, 2016 03:29 PM | Report Abuse

From my understand, the chicken feed is still low: http://www.indexmundi.com/commodities/?commodity=corn&months=60
Profit drop is due to the egg price but I have no idea how to find Malaysia egg price

Posted by nyj > 2016-02-25 08:34 | Report Abuse

Here is the egg price from gov.
http://www.dvs.gov.my/index.php/pages/view/454

Posted by Tips88 > 2016-02-25 12:28 | Report Abuse

insider news, run before too late . Share price will drop until RM 0.60

Posted by naruko > 2016-02-25 14:46 | Report Abuse

0.6?? is that possible? report doesn't shows that bad wo...@@

Posted by Simonalibaba > 2016-02-25 22:43 | Report Abuse

The problem with general public is that when uptrend they don't believe you and waited till it going up till the top. And they start believe and buy high and waiting to go higher. But when the results since the 3rd qtr starting showing weakness they don't believe it until now 4th qtr disastrous results clearly going downtrend they still waiting for rebound! This called the Greater Fool theory!

Posted by shinado > 2016-02-25 23:31 | Report Abuse

Simonalibaba, I remember you were one of the very few to buy in at very low price. Are you still holding on to this stock?

Posted by lanciao > 2016-02-29 19:08 | Report Abuse

惨不忍睹

Posted by Simonalibaba > 2016-02-29 22:22 | Report Abuse

Sold on the same time as you with the same reasons you gave

Posted by upsidedown119 > 2016-03-02 19:22 | Report Abuse

You don't lose in a vital consumer industry such as eggs unless its cost is very uncompetitive and therefore badly managed. I don't think this is the case with Teoseng.

Posted by livestrong > 2016-03-06 21:04 | Report Abuse

Shinoda are you still holding?

Posted by kcwong98 > 2016-03-17 19:16 | Report Abuse

http://www.dvs.gov.my/index.php/pages/view/454

Posted by mhelmi80 > 2016-03-18 15:29 | Report Abuse

engine start

Posted by Angangang > 2016-03-18 16:02 | Report Abuse

suddenly up ....

Posted by victan > 2016-03-18 16:03 | Report Abuse

what happen??

Posted by CUTLOST > 2016-03-18 16:15 | Report Abuse

Good..

Posted by Buayakok > 2016-03-18 16:54 | Report Abuse

they must have fed chickens some viagra...

Posted by sklyte > 2016-03-18 17:20 | Report Abuse

beneficiary of weak usd, their cost in usd , sales in RINGGIT, BUY

Posted by CUTLOST > 2016-03-19 17:45 | Report Abuse

Rm going to hit below 4 next week

Posted by tanaloo > 2016-03-21 09:29 | Report Abuse

"The Company is proposed to seek the shareholders' approval to renew the authority for the Company to purchase its own shares of up to ten per cent (10%) of the existing issued and paid-up share capital of the Company" - http://www.bursamalaysia.com/market/listed-companies/company-announcements/5004697

Posted by Ultramen > 2016-03-21 13:21 | Report Abuse

after share buy back, will boost eps?

Posted by tanaloo > 2016-03-21 15:11 | Report Abuse

Yes and there would be nearly 20 millions shares go back to the company. Hope the share price will go up 50 cents.

Posted by supersaiyan3 > 2016-03-22 22:12 | Report Abuse

Read through the annual reports, the company is doing well! Growing reasonably fast and still able to maintain high profit margin. Revenue, profit, dividend has been increasing except FY 2012 where egg prices was low.

At operational level, it relies on heavy capital investment rather than higher level of technical knowledge. (PPB is at least 15 years ahead in that sense). Keep all birds in closed house, therefore safe from diseases and keep productivity sound. Fulfilled requirements for export therefore enjoy higher selling price.

Valuation is cheap, given steady growth and high dividend yield. Should be one of the darling while MYR appreciates.

Going forward, MYR up 10% which will reduce feed prices by approximately the same amount. Expect ROE will increase gradually as need for capital expenditure tends to reduce (these closed house and conveyor belt etc generally lasts decades).

80-90% shareholding in big hands. Seems like sensitive to egg prices more than cheaper feed.

Minor complaint: The company's slogan is "hatching for future". I think they don't have a hatchery, don't know why they use that slogan, probably from old times.

Posted by Flbhdscreener > 2016-03-23 12:08 | Report Abuse

Resistance point 1.40, waiting it break only enter.

Posted by Ultramen > 2016-03-24 13:30 | Report Abuse

I wonder 80-90% shareholding in big hands and why previously the share price still drop like hell?

Posted by supersaiyan3 > 2016-03-31 14:40 | Report Abuse

Ringgit up, feed down => more profit.

Posted by supersaiyan3 > 2016-03-31 14:40 | Report Abuse

Moving!!!

Posted by moneySIFU > 2016-04-05 01:03 | Report Abuse

Well say & good sharing, supersaiyan3

---------------------

Posted by supersaiyan3 > Mar 22, 2016 10:12 PM | Report Abuse

Read through the annual reports, the company is doing well! Growing reasonably fast and still able to maintain high profit margin. Revenue, profit, dividend has been increasing except FY 2012 where egg prices was low.

At operational level, it relies on heavy capital investment rather than higher level of technical knowledge. (PPB is at least 15 years ahead in that sense). Keep all birds in closed house, therefore safe from diseases and keep productivity sound. Fulfilled requirements for export therefore enjoy higher selling price.

Posted by Frederick Yii > 2016-04-05 05:28 | Report Abuse

Agree, already put all money into this stock.

Posted by Stanley Yeo > 2016-04-05 16:23 | Report Abuse

1.35 —— a chance for buy

Posted by Stanley Yeo > 2016-04-06 16:08 | Report Abuse

RM will up to Rm3.80 at the end of 2016

Posted by mesosluffy > 2016-04-09 23:17 | Report Abuse

when they announce they 1st quarter report

Posted by market > 2016-04-11 14:00 | Report Abuse

seng ar seng , seng ar seng