Is Teo Seng undervalued at RM1.32?
Egg-citing: Teo Seng has drawn investor-attention after recording a stunning 234% increase in net profit during the first quarter ended March 31.
AFTER posting an excellent set of quarterly results, and with its substantial shareholder Leong Hup International Bhd returning to the stock exchange for a highly-anticipated initial public offering (IPO) next week, Teo Seng Capital Bhd 
is in the limelight.
The egg producer has drawn investor-attention after recording a stunning 234% increase in net profit during the first quarter ended March 31, 2019.
Its profits, the company says, are boosted by its poultry farming business, which in turn are the result of continued stable selling prices for eggs and improved production efficiency.
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