Research firm sees strong fundamentals for poultry counters

PETALING JAYA: Strong fundametals are driving the performance of poultry players listed on Bursa Malaysia despite operating in a challenging market condition and the business being cyclical in nature.

Both CAB Cakaran Corp Bhd and Teo Seng Capital Bhd have solid long-term growth prospects, driven by ventures and acquisitions, diversifications and cost-management initiatives that would provide some earnings visibility to the companies, according to AllianceDBS Research.