Ur right. Chiong!!!
  The 
  The 
mogambo ( Date: 21-Jul-2017 21:34) Posted:
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bro Spangle ,  I have not plucked the numbers from the Air , it is all available on SGX site, and I have double checked and verfied it is true.      Whether it is tangible or intangible assets its all audited  . ha ha ha no joke. cheers.
spangle ( Date: 21-Jul-2017 18:05) Posted:
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i told you all that it is a hidden gem qnd waiting to unlock its value for us ... wow the 20% journey was a thriller too good cheers
spangle ( Date: 21-Jul-2017 18:08) Posted:
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i can be wrong la. maybe got some news coming.
spangle ( Date: 21-Jul-2017 18:05) Posted:
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you sure PE only 1.38.
the numbers are inflated because of a one off gains on disposal of a site.
so adjusting for that, recalc your PE ratio. around 10x. so still okay.
price to book 0.74x, but it includes biological assets, essentially chickens. how can you use P/B in your valuations? chickens could just be wiped out anytime, versus other hard assets like properties or machinery.
Only happy thing is FCF yield, which is probably around 4-7%. OCF also cant be used, because you defo need to buy biolgoical assets/chickens.
the numbers are inflated because of a one off gains on disposal of a site.
so adjusting for that, recalc your PE ratio. around 10x. so still okay.
price to book 0.74x, but it includes biological assets, essentially chickens. how can you use P/B in your valuations? chickens could just be wiped out anytime, versus other hard assets like properties or machinery.
Only happy thing is FCF yield, which is probably around 4-7%. OCF also cant be used, because you defo need to buy biolgoical assets/chickens.
mogambo ( Date: 21-May-2017 23:40) Posted:
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what happened
no news no noise, suddenly chiong.... hmmm
KiLrOy ( Date: 21-Jul-2017 16:06) Posted:
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Uncharted territory.  Some will chase, some will wait for retracement.
Up by 6,5 cts, no sellers at the top liao
its a debt free company... super highly undervalued as price to book is only 0.74 and PE is only at 1.38.... Deadly look at the way the Revenues , Profits and Income has grown over the last 5 years. EPS and Income has grown 1845% only in the last 1 year.,,, Profits are almost 90%, what do you think will happen definitely it is growing and growing when value pickers notice it. cash flow is good. Return on Equity at 75%,    Debt to Equity is only 3%...    Ownership of promoters is almost 80% .. Equity has doubled within a Year thats only a  hurdle .. But Rest of the value investors parameters are Super Good .. Good to go long  should be a 10 bagger within a year or 2 from now.
etchew ( Date: 24-Mar-2017 15:12) Posted:
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Wah seh chicken farms also can jump so fast and so high?wth is wrong
Eggs dancing :)
This counter has begin to move. Is the market starting to discover this gems?
Based on the recent report, the cash holding after deducting all the liability is still higher than the share price. Cash holdings of  0.3639967 after deducting all liability. By using 0.32 to buy the stock, the remaining of the asset are given free.
Even with all the cash will be deploy on building new farm, the profit i believe will be close to 100% 
With X 2 profit, it will translate to a PE of less than 10 in the near futures if the share price stagnant or drop.
Close to 90% of the share are held by top 20 shareholders which mean only 10% are held with the remaining of the public. If the management think it is undervalue, they can easily take it private.
I' m wondering how come the share price is so undervalue. Anybody got other thought on this ?
 
All ploughed back to building a chicken farm. You won't see a dime.
Wow..with the help of one time land sales..profit almost $28m......cheers