Teoseng is just depending on the egg price, feed price, or market supply & demand, this is very periodic type of share..and or very risky share..normally is for few days trade... once the trend go down, ur capital will be ready to lock for few months...
Last chance to buy Teoseng before Leong Hup IPO. With all the cornerstone in Leong Hup, think the price will fly from 1.10 to at least 1.30-1.40 tomorrow. PE ratio at IPO for Leong Hup is 15 and with current TeoSeng PE is 9.... i think the gap will be close up tomorrow....
It is not really about Leong Hup although got some influence. The most significant factor is Teoseng is very undervalued. The latest quarter profit is a record profit for Teo Seng. How can you value Teo Seng below its all-time high price?
whole market is affected by the trade war... and the china now is revenge on the action of Donald trump... keep more bullet on your hand so that can catch more cheaper sale...
Be caution on it... sometime, when u get happy (price up )that time is your trap in time...
Hope every investor can earn some duit raya for your coming holidays with your family...
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....
chl1989
2,552 posts
Posted by chl1989 > 2019-05-12 23:52 | Report Abuse
drop to 1.15. let me buy :)