CAB (7174) - CAB Cakaran - undervalued hidden gem
Stock
market is now an exciting place again with the bullish sentiment
everywhere and global economy is expected to recover from the bottom
since the early of the year.
"As you can see, this kind of opportunity doesn't come every time, and you have to make the crucial decision. There is no right or wrong in any of the decision made, but only different consequences in the end." - bonescythe
I have been looking around for opportunity but most stocks have gone up lately, until I read an article from a famous blogger, WealthWizard, the following is his article:
CAB CAKARAN: Malaysia Broiler/Chicken Giant in Making (Part 1) https://klse.i3investor.com/blogs/wealth123/118711.jsp
In the article: "Market has not responded to the above quarterly results. In fact, the company's share price has been flat for almost 1 years as at today."
I did my study & found out that RM1.90 was only 11% from the average price of RM1.70 for the past one year!
The management commented on the Prospect in the report @ 31 December 2016:
The prospect of the integrated poultry farming and processing division is expected to be better in the second quarter as demand and price of broilers are expected to be higher especially during the Lunar New Year. The overall shortage in the supply of broilers in the local market will likely maintain the present high average selling price of broiler over the next quarter.
It means both demand & selling price will be higher than the previous quarter!!
I do not know how high until I read this from WealthWizard:
I did my calculation over night & I get this:
It is almost 100% double to the previous year's result!!
I don't know if the above is correct or not and I really have no idea what will be the price of CAB after the market received above results in the coming quarterly report.
Now at the price of RM1.91, which is still below RM2, if you have missed Mycron & Ekovest, don't miss this golden chance.
I don't want to miss this boat & I decided to jump in, good luck to you, and me.
CAB (7174) - CAB Cakaran - undervalued hidden gem
http://klse.i3investor.com/blogs/stockkingdom/118895.jsp
"As you can see, this kind of opportunity doesn't come every time, and you have to make the crucial decision. There is no right or wrong in any of the decision made, but only different consequences in the end." - bonescythe
I have been looking around for opportunity but most stocks have gone up lately, until I read an article from a famous blogger, WealthWizard, the following is his article:
CAB CAKARAN: Malaysia Broiler/Chicken Giant in Making (Part 1) https://klse.i3investor.com/blogs/wealth123/118711.jsp
In the article: "Market has not responded to the above quarterly results. In fact, the company's share price has been flat for almost 1 years as at today."
I did my study & found out that RM1.90 was only 11% from the average price of RM1.70 for the past one year!
The management commented on the Prospect in the report @ 31 December 2016:
The prospect of the integrated poultry farming and processing division is expected to be better in the second quarter as demand and price of broilers are expected to be higher especially during the Lunar New Year. The overall shortage in the supply of broilers in the local market will likely maintain the present high average selling price of broiler over the next quarter.
It means both demand & selling price will be higher than the previous quarter!!
I do not know how high until I read this from WealthWizard:
I did my calculation over night & I get this:
It is almost 100% double to the previous year's result!!
I don't know if the above is correct or not and I really have no idea what will be the price of CAB after the market received above results in the coming quarterly report.
Now at the price of RM1.91, which is still below RM2, if you have missed Mycron & Ekovest, don't miss this golden chance.
I don't want to miss this boat & I decided to jump in, good luck to you, and me.
CAB (7174) - CAB Cakaran - undervalued hidden gem
http://klse.i3investor.com/blogs/stockkingdom/118895.jsp
