Posted by Lukesharewalker > 2 months ago | Report Abuse

Penalty would be tied up in court for years

Posted by speakup > 2 months ago | Report Abuse

Penalty? Who cares!

Posted by warchest > 2 months ago | Report Abuse

70 cents is imminent. It is going to achieve record quarterly profit

Posted by hhhiii123 > 2 months ago | Report Abuse

everyday eat 5 eggs!!

Posted by warchest > 2 months ago | Report Abuse

70 cents is imminent in short term. 50% upside from this level is not impossible

Posted by SMInvest > 2 months ago | Report Abuse

buy buy buy

Posted by SMInvest > 2 months ago | Report Abuse

Leong Hup to gain from higher feedmill capacity

https://www.thestar.com.my/business/business-news/2024/02/20/leong-hup-to-gain-from-higher-feedmill-capacity

Posted by SMInvest > 2 months ago | Report Abuse

AMINVEST reiterate our ‘buy’ call on Leong Hup with an unchanged fair value of 95 sen a share, pegged to its financial year 2024 price-earnings multiple of 11 times,” AmBank Research noted.

Posted by warchest > 2 months ago | Report Abuse

Its subsidiary, Teo Seng recorded 5-fold in Q4 2023 results to RM66.9m. We going to see bright prospects & result for LHI for the ensuing years. RM1 to above is a reasonable fair value

Posted by warchest > 2 months ago | Report Abuse

Based on its strong results going forward, the RM157m is not a big sum for them. Importantly to deal with the cartel allegations and reputation that matter. It is going to be a golden year for companies that deal with food security

Posted by warchest > 2 months ago | Report Abuse

It is multinational poultry company that have presence in many developing countries like Indonesia, Vietnam & Philippines. We are talking about population of 470m. lHI braces to grow strongly for the ensuing years

Posted by SMInvest > 2 months ago | Report Abuse

accumulating more LHI now....

Posted by SMInvest > 2 months ago | Report Abuse

2024-02-19 LHI TP 0.95

LEONG HUP INTERNATIONAL BERHAD
0.665 0.95 +0.285 (42.86%) BUY AmInvest

Posted by Johnzhang > 2 months ago | Report Abuse

I started accumulating this share 2 weeks ago . Now seeing 10% paper gain .

Posted by speakup > 2 months ago | Report Abuse

When 60¢ already speakup already announced bought.
Now up 10% already u announce? U want uncle aunties pakcik makcik push up for u isit? LOL!

Posted by StartOfTheBull > 2 months ago | Report Abuse

Alternative to Teo Seng.

Posted by Lukesharewalker > 2 months ago | Report Abuse

Super bullish no consolidation of surge too

Posted by SMInvest > 2 months ago | Report Abuse

StartOfTheBull @ Right !!!!!

Posted by SMInvest > 2 months ago | Report Abuse

hope TP 0.95 & hold tight

Posted by SMInvest > 2 months ago | Report Abuse

LHI is mother company for teoseng...

Posted by StartOfTheBull > 2 months ago | Report Abuse

China’s corn production estimated higher in 2023-24

https://www.world-grain.com/articles/19553-chinas-corn-production-estimated-higher-in-2023-24

Posted by hng33 > 2 months ago | Report Abuse

today bought LHI at 68sen

Posted by SMInvest > 2 months ago | Report Abuse

hng33 @ good luck

Posted by Bimmer > 2 months ago | Report Abuse

Golden finger johnzhang is in this counter. ✈️

Posted by StartOfTheBull > 2 months ago | Report Abuse

Eggs touched by golden finger become golden eggs.

Posted by hng33 > 2 months ago | Report Abuse

Actually, LHI major profit contributor is feedmill, stand to reap much higher profit margin from slumping raw material cost, soybean and corn cost price both have tumbling and downtrend spread till now 2024 for further down 15-20% if compared to Q4 2023

Posted by warchest > 2 months ago | Report Abuse

https://www.foodbusinessnews.net/articles/7-corn-soybean-futures-fall-to-fresh-three-year-lows

Posted by SMInvest > 2 months ago | Report Abuse

Great news !!!

Posted by hng33 > 2 months ago | Report Abuse

When raw material cost hike - cost pass through

When raw material cost tumbling - Nothing happen to selling price in poultry feed, elevated selling still intact and maintain for extra profit margin

Posted by hng33 > 2 months ago | Report Abuse

In the market, Chicken and egg selling price still remain elevated, quietly making more money, increase supply to meet upcoming hari raya

Posted by Lukesharewalker > 2 months ago | Report Abuse

Lhi is a major sea poultry player. With cost going down and increasing revenue could make this another mult bagger gem like ytl power

Posted by pang72 > 2 months ago | Report Abuse

AmInvest has quietly raise LHI target price from 79c to 95c on 29Feb24 in view of good profit from feedmill

Posted by pang72 > 2 months ago | Report Abuse

LHI share price is depressed by my c impose rm157mils penalty..
Lhi denied the claim and legal case continue..
Looking at LHI last QR rm130mils net profit, annually rm520mils.
If to rest the cases to pay off the penalties remain rm390mils...in profit..
Subsequently, the earning will be 14c per year @ pe8= $1.14 target price

Posted by hng33 > 2 months ago | Report Abuse

Penalty now in court case. It will take long time to end. All parties, have file appeal to the court independently. Gov need to spend much longer time to fight them in the court individually

Posted by Fabien _the efficient capital allocator > 2 months ago | Report Abuse

EPS at least 8 sen. 15x PE - RM1.20, 20x PE - RM1.60

Posted by warchest > 2 months ago | Report Abuse

It is the only integrated poultry player with regional presence in all the 3 most populated countries in ASEAN. With automation & solar panels used in their farming & manufacturing facilities, it is a much larger Group than what it is during its IPO. See the revenue trend and u can see that it is slowly grow from RM6b to RM10b profit per annum with higher margins

Posted by warchest > 2 months ago | Report Abuse

That's why RM1.08 it is a baseline. However with their growth in earnings and regional exposure, it could be much higher even surpass RM1.20

Posted by warchest > 2 months ago | Report Abuse

The raw materials for its feedmill business is at 3-year low, back to pre-pandemic. It'll bode well for its business

Posted by warchest > 2 months ago | Report Abuse

RM157m can easily be sorted out with 1 quarter of its profit. Remember its feedmill segment contributed 60% of its earnings. Not by selling chicken and eggs

Posted by Fabien _the efficient capital allocator > 2 months ago | Report Abuse

They did 9 billion revenue last financial year. 2023 should end up mid of 9 bil and anticipate to break 10 billion in 2024. Their margins have been improving recently. Last quarter they earned about 7% profit margin. Very likely, we will see Q4 earnings being the highest on record.

Posted by Fabien _the efficient capital allocator > 2 months ago | Report Abuse

Their 9 months free cash flow amounted to 14 sen per share. They have paid 3 sen dividend thus far. Hope for a more juicy dividend in Q4

Posted by SMInvest > 2 months ago | Report Abuse

LHI revenue is higher than QL

Posted by SMInvest > 2 months ago | Report Abuse

next week wait >0.80

Posted by hng33 > 2 months ago | Report Abuse

added all balance to LHI at 73sen

Posted by pang72 > 2 months ago | Report Abuse

Crossing $1.0 after QR out

Posted by hng33 > 2 months ago | Report Abuse

Layhong just deliver super EPS 7.42sen, what will EPS for much more bigger LHI ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3424233

Posted by hng33 > 2 months ago | Report Abuse

Layhong integrated livestock surge 13.5x profit from mere RM 4.3m to RM 58m

Posted by facsc118 > 2 months ago | Report Abuse

guess around 350m profit this qtr

Posted by pang72 > 2 months ago | Report Abuse

Wow!!

Posted by pang72 > 2 months ago | Report Abuse

Keep the finger crossx