Teo Seng Capital Berhad
It has a market capitalisation of RM88.9 million and traded a trailing PER of 5.6 times. Its poultry operations accounted for almost 90% of revenue in 2010. It also has operations in restaurant & franchising and marine products manufacturing but these divisions suffered losses in 2010 with pre-tax losses of RM180,000 and RM400,000, respectively. Also due to better profit margins in broilers, CAB in its 3QFY11 ending June, posted a 107.5% increase in net profit to RM4.44 million from RM2.14 million a year ago. Revenue dipped marginally to RM122.29 million from RM123.05 million previously. The livestock division accounted for roughly 56% or RM991.03 million of its total revenue in FY2011. An integrated poultry operator, Huat Lai is Malaysia’s top egg producer with a daily output of three million eggs, while TPC, which focuses on eggs, produces 500,000 eggs daily. Teo Seng Capital BhdOne of the best performing poultry stocks is Teo Seng, the third largest egg producer in the country. ...