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NewsNotable Trade Felda buys more shares in Teo Seng
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Notable Trade Felda buys more shares in Teo Seng
by Cals Wed 18 Mar 2015, 02:07
Notable Trade
Felda buys more shares in Teo Seng
By Jeffrey Tan / theedgemarkets.com | March 17, 2015 : 6:24 PM MYT
KUALA LUMPUR (Mar 17): [size=14]Koperasi Permodalan FELDA Malaysia Bhd (Felda) has acquired one million shares or a 0.33% stake in Teo Seng Capital Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), a filing today with Bursa Malaysia revealed.
The share purchase, transacted on March 12, has increased Felda’s interest to 16 million shares or 5.33% stake in Teo Seng (fundamental: 1.9; valuation: 2.1).
Teo Seng, which makes animal feed and is involved in poultry farming, closed up 4 sen or 1.9% to RM2.10, giving it a market capitalisation of RM630 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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Felda buys more shares in Teo Seng
By Jeffrey Tan / theedgemarkets.com | March 17, 2015 : 6:24 PM MYT
KUALA LUMPUR (Mar 17): [size=14]Koperasi Permodalan FELDA Malaysia Bhd (Felda) has acquired one million shares or a 0.33% stake in Teo Seng Capital Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), a filing today with Bursa Malaysia revealed.
The share purchase, transacted on March 12, has increased Felda’s interest to 16 million shares or 5.33% stake in Teo Seng (fundamental: 1.9; valuation: 2.1).
Teo Seng, which makes animal feed and is involved in poultry farming, closed up 4 sen or 1.9% to RM2.10, giving it a market capitalisation of RM630 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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