katara

good eggs producer with high roe n low pe

2 months ago

katara

n div is increasing..

2 months ago

katara

teoseng's day coming after cck ..

2 months ago

Trianon

True, Teo Seng is very egg-cellent in terms of fundamentals

1 month ago

harvest6138

The big share holder disposed 3mil share on 12th , but the open market transaction was only 600k that day , that means this could be off market transaction , anybody has the details ??

1 month ago

BornToSpeculate

If a company is the market leader, low P/E, negligible debt, high cash and paying reasonable dividends, whats there to worry. Even if US market crash tomorrow, how much u think this can drop. Current PE is 3.5x, forward PE is 2.5-3x and will have an even bigger cash reserve then

1 month ago

cchin

2.50 soon

1 month ago

SKY LIGHT18

undervalued stock with low PE , should be can break 52weeks high since MYR strong up now~

1 month ago

Trianon

Teo Seng is egg-celerating despite the sell-off 😁

1 month ago

klee

soyabean dropped 20%,add on ringgit appreciated 14%
RM 3 is no brainer

1 month ago

BornToSpeculate

Dont forget subsidy will be reflected in the coming QR and can expect more interim div

1 month ago

Sslee

The question why chase up Teo Seng but not LTKM?

1 month ago

BornToSpeculate

For so many reasons. Teo Seng is no 1 producer, most efficient. Highest margin. Cash rich. Related to LHI.

1 month ago

harvest6138

We should see one off 26mil gain (sold Singapore asset ) as well .. If government paid all the subsidy on time , teh next QR profit may be is another record high again with all these income ...

1 month ago

TSN001

If i am not mistaken, Singapore asset was sold at almost book value, so no disposal gain.

1 month ago

harvest6138

The Disposal Consideration is expected to be used by Teo Seng and/or its subsidiaries
(“Teo Seng Group”) for repayment of bank borrowings and/or working capital.

Management invested this asset in 2015 , and the currency is 1 to 2.69 at that time , even they sold at book value , should see some cash return based on currency and depreciated value in past 9 years.. that shall make their cash position stronger that before ..

1 month ago

cchin

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2024-09-27-story-h470078242-Stock_on_Radar_Teo_Seng_Capital_TEO_SENG

1 month ago

Trianon

Teo Seng continues to egg-celerating 🚅

1 month ago

klee

Poultry stocks flying to the moon.
RM3 for teoseng is fair n reasonable.

1 month ago

Simonalibaba

Teoseng fair value 3.03

1 month ago

LubeTrader

@Simonalibaba, how do you derive at this value? You better not pluck from the sky lo....haha

1 month ago

Trianon

That's is egg (ache) -ing 🤕

1 month ago

hng33

https://www.thestar.com.my/news/nation/2024/10/09/govt-considers-ending-chicken-egg-subsidy-says-mat-sabu

4 weeks ago

LubeTrader

Good news for egg producers in the long run but the brekky roti telur price will go up for sure

4 weeks ago

stncws

Later bomb shell coming...

4 weeks ago

hng33

The impact on egg producer is alike last year chicken producer ending subsidy, stock like CAB earning decrease significantly after chicken subsidy ended

4 weeks ago

stncws

Suppoelrt rm2.20

4 weeks ago

hng33

The major impact after ending gov subsidy will increase egg market competition, as egg producer cannot rely on subsidy as profit. Egg producer will force to launch price war to protect their market share

4 weeks ago

harvest6138

Based on Q2 result, Teoseng still can make EPS 8sens without the subsidy (they receive 900k of subsidy in Q2 only , that is insignificant )..

4 weeks ago

hng33

The problem is other egg producers will compete aggressively with teoseng, as without gov subsidy other egg producer need greater promotion to fight market share and their profit.

Therefore, once gov end egg subsidy, active competition among egg producer will increase instead of current more passive competition due to gov subsidy support

4 weeks ago

hng33

The subsidy for chicken was terminated on Nov 1 last year, following which, the supply and price of chicken became more stable.

"When we took the unpopular decision of ending the chicken subsidy, many people belittled our efforts, saying that the price of chicken would soar.

Alhamdulillah, after the subsidy was terminated, the price of chicken no longer soared, and more importantly, the country benefited by saving RM100mil a month," he said – Bernama

Chicken price before subsidy cut amd ceilings price cap is RM 9.40/kg

After gov remove ceilings price and end chicken subsidy, market selling for chicken now at around RM 8/kg. Main chicken stock listed in bursa are CAB, CCK and Mflour (dinding)

4 weeks ago

cchin

Mixed reactions. Long awaited subsidy removal. Long term good prospect for Teo Seng

4 weeks ago

LubeTrader

In 2022, Malaysia exported $154M in Eggs. The main destinations of Malaysia exports on Eggs were Singapore ($138M), Hong Kong ($6.73M), Brunei ($3.24M), Maldives ($2.04M), and Timor-Leste ($1.5M).

4 weeks ago

Trianon

awesome, Teoseng is still egg-celerating regardless subsidy cancellation

3 weeks ago

katara

Given the economies of scale and its integrated business model, Chew(Lhi CFO) believes Lhi and its subsidiary Teoseng will be well shielded from any adverse effects (removal of subsidy for chicken eggs). --The Edge 14.10.2024

3 weeks ago

katara

no news of removal in budget 2025 is good news for chicken eggs

2 weeks ago

LubeTrader

Congrats to all holders unfazed by the news of the subsidy removal. Those with the gumption to buy in on the sell-off on that fateful day is laughing all the way to the bank today.

2 weeks ago

LubeTrader

Teo Seng Capital (TSCB MK, NOT RATED, FV: MYR4.26)
“Egg-ceptional” Value, Golden Yields Ahead
Trading Idea

♦️ MYR4.26 FV based on 7.5x FY25F P/E. Teo Seng Capital is well-positioned to sustain strong earnings through cost efficiencies and steady demand driven by population growth and tourism. Benefiting from favourable market conditions ie strengthening MYR and lower feed costs, its resilient performance is further supported by its planned distribution centre in Pahang, which will bolster supply chain efficiency for its top mini-market chain client. With attractive dividend yields of 10.3% (annualised) and 7.2% for 2H24F and FY25F, TSCB should be rerated from its low 4.2x FY25F P/E.

♦️ Link to report: https://research.rhbtradesmart.com/files_preview?hash=8c38140e-e63f-4b00-9ce9-098d5f963c18

2 weeks ago

Simonalibaba

https://research.rhbtradesmart.com/files_preview?hash=8c38140e-e63f-4b00-9ce9-098d5f963c18

2 weeks ago

Simonalibaba

I am also too lazy to speak about it Already. Just enjoy the reaping own self and dance own self , shock sendiri cukup

2 weeks ago

Simonalibaba

3.5 already syok until cannot speak

2 weeks ago

BornToSpeculate

@simonalibaba long time no see bro. your still here. i thought u sold off earlier

2 weeks ago

cchin

TEO SENG CAPITAL BERHAD ("TSCB" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF 300,008,175 NEW ORDINARY SHARES IN TSCB ("TSCB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING TSCB SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

2 weeks ago

katara

Ts last bonus issue was Jan2015 1:2

2 weeks ago

pang72

Tmr is chicken eggs day

2 weeks ago

Abba84

Eggs dropped, despite bonus! 🧐 Y?

2 weeks ago

katara

buy

2 weeks ago

cchin

heading to 3.00 before Q3 report announcement in Nov

2 weeks ago

katara

above 3 b4 bonus issue ex ..

2 weeks ago

Trianon

very very egg-cellent price movement and expect q3 report will be egg-cellent too 😀

2 weeks ago