Actually, chicken counter will be good for long term unless bird flu.... every year population increase, u think chicken demand will drop? And since LHI IPO, they annouce they will give out dividend 30%, surely dividend will be good for at least a couple of year as LHI need to attract investor to hold their shares.....
dont forget there are more new companies doing chicken and egg biz now. stiff competition. a lot of unlisted company are suppllying eggs and chicken to hypermarket now
Current year prospect mention in latest Q119 quarter result. Management is optimistic with company prospect. Coming quarter result will be good.
In view of the current stable supply of eggs and feed cost, the Directors are optimistic about the financial performance of the Group for the remaining 9 months period ending 31 December 2019.
REPUTATION of mgmt n owners r MOST important consideration in value creation of a stock . this group is dicey n infamous.. can only hope they have once, a heart for wealth building.
Congrats TeoSeng shareholders. Share price will be very exciting when KYY is in. Agreed that the result should be around 3Q18 figures. Just the right time to sell in mid Aug before 2Q19 result is out.
VenFx, I don't think the exercise will dilute their earnings. Coz they will get RM 67.5 Million after the exercise. They can use the RM 67.5 Million to pay down debt or expand the company.
If they use the RM 67.5 Million to pay down debt, the interest they need to pay is lower and earnings will be higher.
If they use the RM 67.5 Million to expand the company, their earnings will grow.
We have to see how they use the money.
VenFx Earning Dilution will be around 17% , post exerise . 06/07/2019 9:22 PM
Mil888, the controlling shareholders and their family members have 28 million units. Will they let the warrants expire worthless?
If they let the warrants expire worthless, they would lose millions of ringgit.
If warrant holders exercise them, Teo Seng would get RM 67.5 Million cash.
What would you do if you were the management?
Mil888 Warrant holders all wil black out. Kill all warrant holders in next quarter - August announcement. Profit drop 50-60% in coming quarter. 06/07/2019 9:05 PM
Warrant wil melt down 1 -10cent in january 2020 bcus out of money. Only insider wil dare to buy. And Teoseng wil exceed 1.35 aftr 4th quarter. Posible 1.60 - 2.0 PE 10 if egg price 34- 38cent
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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....
AlibabaInf
518 posts
Posted by AlibabaInf > 2019-05-27 10:00 | Report Abuse
give chicken die in sick and egg sell in cheap