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Overview
Financial Highlight
Headlines
Business Background CAB Cakaran Corp Bhd engages in the provision of management services. It operates in six business segments: Investment Holding, Agricultural, Poultry Farming & Food Processing, Marine Products Manufacturing, Fast Food Business, Trading & Value Added Products Manufacturing, and Supermarket. The Agricultural, Poultry Farming & Food Processing segment which generates majority revenue includes cultivation of timber crops and oil palms, breeding of grandparent stocks to produce breeder eggs, breeding of parent stocks to produce broiler eggs, processing and marketing of chicken, trading of poultry feeds and other farm consumables, and supermarket products. The company mainly operates the business in Malaysia and Republic of Singapore of which Malaysia acts as a major revenue driver.
  wallstreetrookie High sustained inflation play. Interest rate hike as early as June 2022 01/11/2021 10:29 PM  kevinobc https://www.msn.com/en-my/news/national/poultry-farmers-cry-foul-as-govt-extends-price-controls/ar-AASnkQ0?ocid=msedgntp 03/01/2022 7:33 PM  Patron Egg subsidies has been increased from 3c / pc to 8c / pc ! Chicken export has been lifted ! Time to buy poultry stocks! 10/10/2022 2:41 PM Patron PARIS: The World Health Organization (WHO) said today that increasing reports of the H5N1 avian flu among humans were “worrying” following the death of an infected 11-year-old Cambodian girl. 25/02/2023 1:55 PM Patron PETALING JAYA: Subsidi bagi telur dan ayam akan diteruskan sehingga Jun ini dengan melibatkan kos sebanyak RM1.28 bilion, kata Kementerian Pertanian dan Keterjaminan Makanan (KPKM). 27/02/2023 10:12 PM wallstreetrookieNEW Management assured shareholders that the company is doing its best to reduce debt and capitalise on the rising egg prices. Next quarter is expected to beat earnings by 30% 07/03/2023 6:48 AM Patron dude. Cab is doing broiler business. not layer farming. egg price has nothing to do with CAB 07/03/2023 9:53 AM bowman Only when free-float of chicken prices will you see the real value. Chicken shortage is still high worldwide, not only in the country. Next quarter results will be good also, taking the scenario of the fasting month in two weeks and then Raya, four weeks after. 07/03/2023 11:53 AM bowman Crossover just happened - strengthening with increasing volume. News of dividend perhaps? 16/03/2023 11:12 AM TheNormieInvestor check out this website for CAB analysis . https://thenormie.com/malaysia-stockcab-what-we-think-now/ 16/03/2023 1:21 PM DaitoRyu @TheNormieinvestor, Did you just make that website a couple of days ago ;-) 16/03/2023 4:48 PM wallstreetrookieNEW As soon The Edge published the name of the stock CAB, the stock dropped more than 10% 17/03/2023 8:19 PM Patron Day Old Chick is selling at all time high due to shortage of Grandparent chicks import from USA... All in. 20/03/2023 3:55 PM wallstreetrookieNEW Hopefully this time The Edge journalists can shut their mouth about our good stock CAB Cakaran and let the share price rise naturally 20/03/2023 5:29 PM wallstreetrookieNEW Yesterday, I almost got margin called at close. Dumbass at The Edge kept screwing over my position 20/03/2023 5:29 PM wallstreetrookieNEW Target price of RM1.30 still remains. Broiler chicken demand will stay elevated. We live in a very complex macroeconomic situations. Yes, inflation may be over and raw material cost has been down significantly for producers. However, producers can still impose high prices on consumers with no tangible consequences. Consumers will always receive the short end of the stick in a deflationary environment. In summary, companies like Cab Cakaran will always benefit regardless of whether the average production cost of broiler chicken goes up or down. This is a very interesting time we are living in 20/03/2023 5:34 PM hng33 Chicken and egg price not only increase locally, but also globally like in US, UK, taiwan etc. Feedstock cost like soya, corn are ease off and normalize back but selling price remain elevated. US currency also on weakness, further reduce import cost, boosting up profit margin. Ceiling price will be lifted in next 2 month, selling price will base on market demand 24/03/2023 12:52 PM Patron https://www.facebook.com/100044206551060/posts/pfbid023qGLKPvW5EeGdnYFjbwUrxQXd4r39yGeLgNRSLdneKAvfB83cLRNwarVEC9Hva3Kl/?d=w&mibextid=ykz3hl TP 1.1 26/03/2023 11:47 AM pang72 The Board has decided to fix the exercise price of the Warrants at RM0.63 each after taking into consideration, amongst others, the following:- (i) the historical price movement of CAB Shares. The exercise price represents a discount of approximately 10.0% to the 5-day volume weighted average market price ("VWAP") of CAB Shares up to and including the LPD of RM0.7001; and 27/03/2023 9:05 PM Patron 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. 30/03/2023 2:25 PM wallstreetrookieNEW Expecting some form of profit-taking on Friday before resuming another round of rally. 30/03/2023 8:47 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
