$TECGUAN / 7439 (TECK GUAN PERDANA BERHAD)
quick 20 mins analysis done for their cocoa side. alot of assumptions, especially on cost and chocolate products (asp)

Key assumption:
cost same as last year
asp of choco product pegged to cocoa price as a ratio
volume is at least 1k for cocoa and 150 for choco

asp for 2022 (it says 2023 because financial yr until january, so 2023 is actually 2022). here is a dumbed down simple analysis that took 10 mins. prolly will have small position here.