rumors saying Lau family will privatize Teoseng

second highest EPS since IPO... TP 1.5

volume starts to pick up..

@supersaiyan yes can talk to chicken traders around. price is still high. good export margin expected. Fama website can check the latest price too.

https://www.fama.gov.my/harga-pasaran-terkini

teoseng breaking RM1. whens layhong turn

RM 1 gogogo

sharebuyback again.. something is brewing

@CharlesT
in total yes the entire industry will be making the same
but the smaller scale players will be eaten up by the bigger scale players.
Thats why these listed big boys profit has been trending up despite the price control

Cab has made 70m PAT in FY23 and we have two more quarters to go. Maintaining the price cap with massive subsidies is bullish for big poultry players !

Subsidy is about RM200m per month. With or without price cap all the big boys have been showing all time high profits with such a massive amount of subsidises. The latest new is actually bullish for big poultry players.

PETALING JAYA: Pemberian subsidi ayam dan telur akan berakhir pada 30 Jun dan pengapungan harga bermula pada 1 Julai, kata Menteri Pertanian dan Keterjaminan Makanan Mohamad Sabu.

Perkara tersebut dimaklumkan menerusi jawapan lisan menjawab pertanyaan Mas Ermieyati Samsudin (PN-Masjid Tanah) berhubung tempoh harga ayam dan telur akan diapung.

https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/06/07/subsidi-ayam-telur-berakhir-30-jun-kata-mat-sabu/

PETALING JAYA: Pemberian subsidi ayam dan telur akan berakhir pada 30 Jun dan pengapungan harga bermula pada 1 Julai, kata Menteri Pertanian dan Keterjaminan Makanan Mohamad Sabu.

Perkara tersebut dimaklumkan menerusi jawapan lisan menjawab pertanyaan Mas Ermieyati Samsudin (PN-Masjid Tanah) berhubung tempoh harga ayam dan telur akan diapung.

https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/06/07/subsidi-ayam-telur-berakhir-30-jun-kata-mat-sabu/

First sharebuyback by the management after 4 years .something is brewing ?

stronger SGD is good for exporters to Singapore..

stronger SGD is good for exporters to Singapore..

stronger SGD is good for exporters to Singapore..

stronger SGD is good for exporters to Singapore..

first dividend since 2020

10% price swing this morning. This ayam is volatile.!

free warrants ex date 26 May. Congratz to all the shareholders.

5/30 WA's last trading day
6/1 Dividend Ex date.

Price will go higher after June 1.

52 weeks high... fly...

feed cost has come down alot. check Cbot ZC price.

feed cost has come down alot. check Cbot ZC price.

feed cost has come down alot. check Cbot ZC price.

feed cost has come down alot. check Cbot ZC price.

feed cost has come down alot. check Cbot ZC price.

back to 0.7 !

layhong too had resumed its dividend policy after 2 years pause.

actually whole industry is undervalued.
PWF ,CCK just announced their highest dividend ever
LHI just resumed its dividend payout
CAB announced free warrants
LTKM privatized
SinMah divested its poultry business

whole industry barely move.

@GorengWatch yes freefloat is very low.
@raymondlim poultry is unpopular among funds/ retailers and tightly controlled by insiders (sadly most of them are farmers who dont quite understand how financial market works)
also its a low margin cyclical industry. profit cycle moves up and down rapidly. risk premium is huge. invest at your own risk.

@raymondlim
i am looking at 100-120m this year.
Subsidies + price cap is actually good for big broilers players ( not layers ). market share has been increasing a lot in the past 2 years.
now the GP stocks are in huge shortage due to bird flu- expect the DOC price to remain high in the near future. Those who control the GP stocks farming will make huge profits in the next 2-3 quarters

DOC price has come down a little due to weak demand after 45 days - post ramadan effects. but the profit expected to be good in the next few quarters. dont forget the free float policy after june ( state elections to be precise ).

@supersaiyan3
IMO all these veterans (regardless any industry) always have their own biased views (tend to be overly bearish) towards the industry.
i had talked to FLFAM insiders , some private and public listed companies in the past 2 years i will say 99% of them are extremely bearish towards poultry industry but the result speaks otherwise.

Cab has been making alot of monies from selling Day Old Chicks which is selling at crazy RM3.8. Q1 PAT will be at least RM50m IMO.

dividend yield 5%... gogogo

https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/AYAM.pdf
https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/TELUR_AYAM.pdf

check the latest price trend of eggs & ayam

https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/AYAM.pdf
https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/TELUR_AYAM.pdf

check the latest price trend of eggs & ayam

high volume breakout. quiet counter here.

push mother share up to goreng son. gogogo cab

where is bro Good123

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

The government is likely to announce ceiling prices for chicken and egg supplies ahead of the Eid al-Fitr celebration tomorrow while it awaits discussions between the two ministries on Wednesday.

https://www.facebook.com/100044206551060/posts/pfbid023qGLKPvW5EeGdnYFjbwUrxQXd4r39yGeLgNRSLdneKAvfB83cLRNwarVEC9Hva3Kl/?d=w&mibextid=ykz3hl

TP 1.1

RM0.74...

get ready for the ramadan demand and Raya rally...