over supply+lower egg prices, unless they announce new overseas market and strengthen the 40% investment and trading segment, otherwise drop to RM1 still PE 10.73, not to mention the directors said coming 3 quarters is challenging, the EPS for 2Q & 3Q r yet to drop further...
glorymas pls verify how do you know the production is oversupply? invest in egg counter is a humble and stable business if you expect high return and short time pls invest in tech stocks
yup..agree with rainbow..invest in this counter is safe n secured..people still eat eggs every day..i believe in the management n one day this counter will be like QL @LllAY HONG if they have good opportunities n timing..all we need is time and be patient
Last week my mom bought eggs with price 39 Sen each, before that is 33 Sen. I thought egg price up already but today checked from http://www.dvs.gov.my/index.php/pages/view/454 still show 32 Sen.... 32 Sen is retail price or ???
This is a good stock, sometimes we just cant be taking flight just because drop of profits...many factors to be taken in,, like business expansion and others,
Teo Seng: Buys land in Johor to build new factory. Teo Seng Capital's indirect unit Great Egg Industries S/B is buying a freehold industrial land measuring 0.61 hectares in Batu Pahat, Johor, from two directors of its subsidiaries to build a new factory. Great Egg has signed a sale and purchase agreement with Lim Meng Bin and Ng Eng Leng to acquire the land for RM1.6m cash. Teo Seng intends to build a new factory to accommodate pasteurised liquid egg machine and hard-boiled egg machine in line with its downstream expansion project. (Financial Daily)
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....
SEED
345 posts
Posted by SEED > 2016-04-11 16:18 | Report Abuse
disappointed with this counter