TEO SENG CAPITAL BHD

KLSE (MYR): TEOSENG (7252)

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Last Price

2.38

Today's Change

+0.03 (1.28%)

Day's Change

2.36 - 2.39

Trading Volume

1,014,200


7 people like this.

6,273 comment(s). Last comment by markgold 6 days ago

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-09-13 14:16 | Report Abuse

when is the agm?

Posted by Benjamin_8888 > 2016-09-17 15:58 | Report Abuse

can't tell here :-)

SEED

345 posts

Posted by SEED > 2016-09-19 17:14 | Report Abuse

good news drop like shit !

Luna Kai

15 posts

Posted by Luna Kai > 2016-09-23 20:19 | Report Abuse

USD up punya pasal mayb

joni

1,259 posts

Posted by joni > 2016-09-29 09:54 | Report Abuse

finally it moved .. .. 1.41 can ?

Gusen

1,871 posts

Posted by Gusen > 2016-09-29 10:09 | Report Abuse

This stock not bad, brought 1.19, long for one month

khchong78

60 posts

Posted by khchong78 > 2016-10-01 09:39 | Report Abuse

add into watch list

Posted by Lim Chun Ping > 2016-10-19 15:26 | Report Abuse

C u at 1.60 teoseng

Posted by Benjamin_8888 > 2016-10-19 21:15 | Report Abuse

1.60 only?

Tortoise

249 posts

Posted by Tortoise > 2016-10-25 19:59 | Report Abuse

Sui

Posted by Benjamin_8888 > 2016-10-25 20:10 | Report Abuse

Sui what tortoise?

hotman87

47 posts

Posted by hotman87 > 2016-10-25 23:36 | Report Abuse

no big up, no big down... sui?

Tortoise

249 posts

Posted by Tortoise > 2016-10-27 08:33 | Report Abuse

Gua mau beli lagi, tis kind of sui

Ahbeng11

198 posts

Posted by Ahbeng11 > 2016-10-27 09:49 | Report Abuse

The name is good, tiu ni ah seng

ooicy

79 posts

Posted by ooicy > 2016-10-28 13:29 | Report Abuse

a dead counter

Posted by Tan Yong How > 2016-11-03 17:55 | Report Abuse

latest quarter report? when come out

Posted by little_snake > 2016-11-08 17:48 | Report Abuse

gg

beso

2,137 posts

Posted by beso > 2016-11-08 20:46 | Report Abuse

profit tumbling 53% tomorrow dabao

cooling

1,676 posts

Posted by cooling > 2016-11-08 21:29 | Report Abuse

tomorrow tiuniaseng hehe

Posted by Tan Yong How > 2016-11-08 21:33 | Report Abuse

intern dividend 0.15 x 0.2 = 0.03 so if invest 1k how much we get

ooicy

79 posts

Posted by ooicy > 2016-11-11 12:10 | Report Abuse

0.15:rm15

Posted by Tan Yong How > 2016-11-11 14:27 | Report Abuse

how about the par value 0.2 ....

quah

12 posts

Posted by quah > 2016-11-11 17:38 | Report Abuse

if u have 1,000 shares then u are getting 1,000 shares x rm0.015 = rm15.00

ooicy

79 posts

Posted by ooicy > 2016-11-12 10:10 | Report Abuse

teo seng juz paid bonus in 2015..so now more shares in the market..rm15,not bad la..some companies never paid dividends at all

Posted by garydonald21 > 2016-11-24 20:13 | Report Abuse

Bleeding counter....

1nferno

5 posts

Posted by 1nferno > 2016-11-28 12:32 | Report Abuse

waterfall

VerySUI

37 posts

Posted by VerySUI > 2016-11-28 12:33 | Report Abuse

what happen?? bleeding

ft80

50 posts

Posted by ft80 > 2016-11-30 14:07 | Report Abuse

drop till not bottom

curious2

1,812 posts

Posted by curious2 > 2016-12-06 17:08 | Report Abuse

Still dropping. Why director Na Hap Cheng bought recently?

curious2

1,812 posts

Posted by curious2 > 2016-12-07 14:48 | Report Abuse

Na Hap Cheng last bought on 23rd Nov between RM 1.03-1.08; so now good buy?

Changes in Sub. S-hldr's Int. (29B)
TEO SENG CAPITAL BERHAD

Particulars of substantial Securities Holder

Name MR NA HAP CHENG
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM0.20 each
Name & address of registered holder Own Name
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Description of Others Date of change
No of securities
Price Transacted ($$)
Acquired 23 Nov 2016
10,000

Circumstances by reason of which change has occurred Market Acquired
Nature of interest Direct Interest
Direct (units) 3,870,389
Direct (%) 1.291
Indirect/deemed interest (units) 153,381,003
Indirect/deemed interest (%) 51.162
Total no of securities after change 157,251,392
Date of notice 29 Nov 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5273893

victan

111 posts

Posted by victan > 2016-12-13 10:24 | Report Abuse

juz buy!

Posted by Tan Yong How > 2016-12-14 10:28 | Report Abuse

did u buy happy egg ?

Fat_tat

101 posts

Posted by Fat_tat > 2016-12-14 11:13 | Report Abuse

Why Na Hap Cheng again buying?
http://klse.i3investor.com/servlets/stk/annchsh/7252.jsp

Posted by Benjamin_8888 > 2016-12-14 11:22 | Report Abuse

Coz is cheap

Posted by Freeman Rain > 2016-12-30 16:48 | Report Abuse

why suddenly batch of BUY comes in

Posted by Unicorn_park > 2016-12-30 17:19 | Report Abuse

Window dressing

Posted by Freeman Rain > 2016-12-30 17:26 | Report Abuse

Usually window dressing fund from where? humble ask

davidlim85

423 posts

Posted by davidlim85 > 2017-02-06 17:10 | Report Abuse

sleeping egg

Posted by Bullwong > 2017-02-06 17:53 | Report Abuse

Sell, sell

rikki

2,028 posts

Posted by rikki > 2017-02-08 11:02 | Report Abuse

Teo Seng Capital - Fair Value RM1.38

Good long-term prospects :-
1) Growth strategies; capacity expansion; diversification into other streams and cost-saving initiatives
2) Improved earnings visibility with 2-year CAGR of 41% in FY16-FY18F
3) RM1.38 TP is pegged to 11x FY17 EPS

The Business

Modern poultry farmer. Teo Seng Capital (TSC) is one of the largest egg producers in Malaysia with a daily output of 3.5m eggs, of which one-third of its production is exported to
Singapore. The group is also involved in the manufacture and
marketing of paper egg trays and animal feeds, along with the
distribution of animal health products.

Aggressive growth strategies. TSC is a vertically-integrated layer farming player with a current market share of 8.8% in Malaysia and 19% in Singapore. TSC targets to steadily grow its market share to 12.5% in Malaysia and 30% in Singapore by 2019. We forecast earnings to grow in line with TSC’s targeted expanding market share, supported by 1) stabilisation of egg selling price,
2) expansion in daily production capacity; TSC plans to increase
its daily production volume by +522k p.a. in Singapore and
+982k p.a. in Malaysia; both by 2019, 3) vertical and upstream
diversification, 4) cost-saving initiatives, and 5) superior operating margin compared to its peers. Its continued growth is also supported by management’s projected annual commercial egg consumption CAGR of 4.2% until 2019. Although TSC targets to grow at a faster rate than industry demand growth, management believes it will be able to achieve its targeted growth due to the fragmented local layer industry where the largest five players account for only c.37% of market share.

Stable industry outlook. Although there are fluctuations in the demand of eggs and ASP, we believe TSC’s outlook is still stable, as eggs are deemed inelastic goods as they are a consumer staple and small-ticket item in household spending.

The Stock

Fair value of RM1.38. Our fair value is based on 11x fully-diluted FY17F EPS, which is the industry’s average (excluding QL and Lay Hong). We have excluded QL and Lay Hong due to their larger market cap and higher institutional shareholding. The stock is currently trading at 7.3x FY17F PE. Although our PE target is above the historical mean PE, we deem this undemanding given our expectation of a strong 2-year EPS CAGR of 41% FY16-18F. The stock is also trading at a PEG of c.0.3x.

Strong fundamentals. Aside from its strong EPS CAGR, we also like TSC for its positive cashflow despite its aggressive
expansion, coupled with low egg prices in FY16, superior net
margins (c.10%) and positive ROAE (>13%).

AllianceDbs Research 7/2/2017

char1234

5,299 posts

Posted by char1234 > 2017-02-08 11:34 | Report Abuse

sell.....u mad ...just beginning to hatch life !!!!

victan

111 posts

Posted by victan > 2017-02-08 15:53 | Report Abuse

starting fly!!!

Posted by Jeff Chang > 2017-02-08 16:27 | Report Abuse

golden egg!!

char1234

5,299 posts

Posted by char1234 > 2017-02-12 21:51 | Report Abuse

yes...but Monday shld b profit sharing day

victan

111 posts

Posted by victan > 2017-02-13 13:28 | Report Abuse

got any good news to support pe fund accumulate teoseng?

char1234

5,299 posts

Posted by char1234 > 2017-02-13 15:36 | Report Abuse

but esok

char1234

5,299 posts

Posted by char1234 > 2017-02-14 16:43 | Report Abuse

refuse to go down...!!!!

sengtan

188 posts

Posted by sengtan > 2017-02-27 14:52 | Report Abuse

is Teo Seng a good buy at today price of 1.06? can expert give some advice pls. Thnx

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