TEO SENG CAPITAL BHD

KLSE (MYR): TEOSENG (7252)

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Last Price

2.37

Today's Change

+0.06 (2.60%)

Day's Change

2.32 - 2.38

Trading Volume

1,557,700

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
7 people like this. Showing 50 of 6,273 comments

klee

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

2 months ago

BornToSpeculate

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

2 months ago

Sslee

The question why chase up Teo Seng but not LTKM?

2 months ago

BornToSpeculate

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

2 months 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 ...

2 months ago

TSN001

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

2 months 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

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

LubeTrader

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

1 month ago

stncws

Later bomb shell coming...

1 month 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

1 month ago

stncws

Suppoelrt rm2.20

1 month 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

1 month 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 )..

1 month 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

1 month 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)

1 month ago

cchin

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

1 month 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).

1 month ago

Trianon

awesome, Teoseng is still egg-celerating regardless subsidy cancellation

1 month 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

1 month ago

katara

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

1 month 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.

1 month 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

1 month 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

1 month ago

Simonalibaba

3.5 already syok until cannot speak

1 month ago

BornToSpeculate

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

1 month 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")

1 month ago

katara

Ts last bonus issue was Jan2015 1:2

1 month ago

Abba84

Eggs dropped, despite bonus! 🧐 Y?

1 month ago

katara

buy

1 month ago

cchin

heading to 3.00 before Q3 report announcement in Nov

1 month ago

katara

above 3 b4 bonus issue ex ..

1 month ago

Trianon

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

1 month ago

katara

this QR is going to be v good

1 week ago

katara

the last QR/Q4 will be very good too

1 week ago

TSN001

What a big disappointment!! good results, good dividend, good prospects, but......

1 week ago

troy88

Bursa is a joke of a pump and dump market.

1 week ago

katara

just keep ..

1 week ago

markgold

What is the relationship of this Malay girl with Teo Seng ??? Is she eat Teo Seng eggs every day ???

1 week ago

StarOfTheBull

Bigger dividend is needed to boost the share price. Another benefit is to avoid that 2% dividend tax next year. See Lysaght, MSC and Kossan.

1 week ago

markgold

If Teo seng is in IT industry, the share price easily above RM5.00

1 week ago

Trianon

If Teo Seng expanded into plantation field before, it would be RM5 now. ha

1 week ago

markgold

Lack of big investors, the share price drop bit by bit.

4 days ago

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