Highlights
KLSE: LAYHONG (9385)       LAY HONG BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.39   0.00 (0.00%)  0.39 - 0.395  602,000
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Overview

Market Cap: 258 Million
NOSH: 660 Million
Avg Volume (4 weeks):1,437,961
4 Weeks Range:0.38 - 0.425
4 Weeks Price Volatility (%):
22.22%
52 Weeks Range:0.325 - 0.715
52 Weeks Price Volatility (%):
16.67%
Average Price Target: 0.49
Price Target Upside/Downside: +0.10
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#4]  |  29-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  27-Aug-2019
T4Q P/E | EY: 36.57  |  2.73%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.51  |  0.76
T4Q NP Margin | ROE: 0.13%  |  2.09%

Headlines

Date Subject
18-Jul-2019 PublicInvest Research Headlines - 18 Jul 2019
18-Jul-2019 Mplus Market Pulse - 18 Jul 2019
13-Jul-2019 Comparison of 3 Companies in the Same Business: Teo Seng, Lay Hong and Leong Hup - Koon Yew Yin
09-May-2019 Technical Buy: LAYHONG-WA (9385WA)
02-Apr-2019 Stocks on Radar - Lay Hong (9385)
15-Mar-2019 Trading Stocks - Lay Hong
06-Mar-2019 Technical View - Lay Hong Bhd (LAYHONG, 9385)
26-Feb-2019 Mplus Market Pulse - 26 Feb 2019
26-Feb-2019 Lay Hong - Better QoQ… But Not Good Enough
08-Feb-2019 Daily Technical Highlights – (LAYHONG, CARIMIN)
21-Dec-2018 M+ Online Technical Focus - 21 Dec 2018
21-Dec-2018 Daily Market Update - 21 Dec 2018 (SERBADK, LAYHONG)
07-Dec-2018 LAYHONG - TIME TO GET IN?
27-Nov-2018 Lay Hong - Seeing Red
27-Nov-2018 Lay Hong - Seeing Red
27-Nov-2018 PublicInvest Research Headlines - 27 Nov 2018
22-Nov-2018 Lay Hong Bhd - Managing Expectations
22-Nov-2018 Stocks on Radar - Lay Hong (9385)
14-Nov-2018 PublicInvest Research Headlines - 14 Nov 2018
14-Nov-2018 Stocks on Radar - Lay Hong

Business Background

Lay Hong Bhd is engaged in integrated livestock farming. The two core businesses of the group are integrated livestock farming (ILF) and retail operation. The ILF segment accounts for the majority of firm’s revenue, which is further broken down into three separate segments namely layer, broiler and food processing. The operations are carried out in Peninsular Malaysia state of Selangor, Perak, Melaka, and Sabah in East Malaysia while the retail operation is concentrated only in the state of Sabah.
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  4 people like this.
 
No right Nor wrong Only to Win Diam diam buy more
06/08/2019 3:25 PM
WongKuok Layhong rise 0% CCK rise 2%, of course cck is more powerful
06/08/2019 5:20 PM
Tarita Where is your boss so call 0.51????
06/08/2019 5:26 PM
WongKuok when i call cck was at 51 sen, layhong at 0.42 sen
06/08/2019 5:33 PM
WongKuok It is good time if still holding cck at 51 will back soon, meanwhile layhong seems like will just flow between 0.39-0.41
06/08/2019 5:34 PM
WongKuok If you know cck will back 51 sen, now is definitely a great buy at bottom
06/08/2019 5:34 PM
WongKuok Before criticising me go to GFM section see how accurate is my call this morning
06/08/2019 5:36 PM
Tarita Wong kok really wong kok. Wong wong ar
06/08/2019 6:02 PM
WongKuok Call me Ong Huat
06/08/2019 7:11 PM
villa1668 Will attend Layhong agm
06/08/2019 9:40 PM
moneykj Another London biscuit.
Go for Kanger.
07/08/2019 3:18 PM
Maximillioneddy after collecting at the bottom its time to bounce back
08/08/2019 1:53 PM
yew7474001 When are the exactly agm date?
09/08/2019 10:11 AM
Maximillioneddy 27th next month
09/08/2019 10:21 AM
HerbertChua Lay Hong’s earnings next quarter is around 16mil.

Production at JV plant is running at full capacity and export sales is doing very well.
09/08/2019 4:11 PM
Ncm88 1.6 million got la
09/08/2019 4:12 PM
WongKuok Layhong shareholders better change to CCK today closed with Three White Soldiers!! Expected breaking 60 sen soon, meanwhile layhong still in downtrend and possibly reach 30 sen after QR. Be smart investors, make a wise choice!
09/08/2019 5:02 PM
imignorant LHI warns of significantly 2q profit. lh will be dead meat.
09/08/2019 11:09 PM
titus Wah lau, leong hup give upfront warning leh. Say coming QR significantly lower. Average Sales up 10% but average selling price down 50%. Next tuesday ho seh liao.
10/08/2019 11:42 AM
shpg22 Fair price downgraded to 0.28.
10/08/2019 11:52 AM
amet2017 give warning for them insider and adik beladik mau collect low maa.. look what happen to vs..same case maa. later up balik lor..kikiki. old tactic la apek
10/08/2019 12:00 PM
Lukesharewalker 34.5 next
10/08/2019 5:04 PM
miker https://www.msn.com/en-my/news/national/vet-dept-to-probe-unsanitary-egg-farm-supplying-to-hypermarket-chain/ar-AAFzVPv?li=BBr8Hnu

Vet Dept to probe ‘unsanitary’ egg farm supplying to hypermarket chain

Mana company pinya ayam......haiyakkk
10/08/2019 8:41 PM
titus Mana company.... the article mentioned the company mk bursa announcement and foundTeo seng make bursa announcement. You say leh.....
10/08/2019 11:37 PM
value88 LayHong's earnings is not much impacted by broiler prices, just like Leong Hup because LayHong's main products are eggs and processed chicken products.
11/08/2019 2:27 PM
value88 LayHong's shareholder needs not be too alarmed by Leong Hup's last Friday's earnings warning.
11/08/2019 2:28 PM
value88 In FY19 (ends in Mar'19), LayHong had the worst year in past 5 years mainly due to RM15mil bird culling in Sabah farm, uptrend in corn and soya bean prices, i.e. feed cost, and operating loss in new JV NH plant.
I foresee the worst is over for LayHong and its performance is almost certain to improve in FY20 (Apr19 - Mar20) due to the following positive factors :
I) No more bird culling loss
ii) Feed cost has reduced due to recent US-China trade war
iii) The new NH Foods operation should turn loss in FY19 to gain in FY20 when new plant's utilisation rate increases and start-up cost reduces.
11/08/2019 2:28 PM
value88 The elimination of negative factors in FY19 is enough to lift LayHong's FY20 earnings. The worst is over for LayHong and the performance improvement is almost certain in FY20.
The question should be asking is how much YoY improvement we can see in this new fiscal year ? The magnitude of improvement will determine the magnitude of stock price appreciation.
11/08/2019 2:28 PM
value88 Keep for ~one year (from now till end Mar'20), we should see higher stock price for LayHong in the end of one-year holding period.
The above is of course based on the condition that the world does not slip into recession by escalating trade war, or another bird disease breakout some where in Malaysia.
11/08/2019 2:31 PM
AdCool Value88, not everyone wanna invest in long term. hence, for short term traders, do avoid LH for now as the trend is still on downtrend. Come and join the ride when LH has proved its improvement in Nov 2019 results release. For now, go and trade elsewhere cause LH wont give you the quick return and mostly Yeap family will continue to sell down LH especially on the warrants.
11/08/2019 4:20 PM
ming Wait panic time sapu saje..
11/08/2019 6:57 PM
jenny778 go layhong agm lo.... still wait o
11/08/2019 10:42 PM
huatahhuat tomorrow morning panic mode.
12/08/2019 1:29 PM
(HK1997 again) Philip Hi value88,

How can you foresee that there will not be any repeat of the tragedies of this year? From my knowledge of the tuaran farms in Sabah for LAYHONG,

1. The bird culling loss may reoccur because the farm conditions have not changed at all, no additional health upgrades and controls similar to the QL farms on the other side, meaning all they were doing was culling with no planning for future issues.

2. Feed costs will reduce? I highly doubt it, as LAYHONG doesn't have a feed mill production business, and trade war will cause many unnecessary costs which will affect everyone in different ways.

3. I would wait until the nh operations actually turn a profit before being so confident about something that is currently losing money.


>>>>>>>>>>

Posted by value88 > Aug 11, 2019 2:28 PM | Report Abuse

In FY19 (ends in Mar'19), LayHong had the worst year in past 5 years mainly due to RM15mil bird culling in Sabah farm, uptrend in corn and soya bean prices, i.e. feed cost, and operating loss in new JV NH plant.
I foresee the worst is over for LayHong and its performance is almost certain to improve in FY20 (Apr19 - Mar20) due to the following positive factors :
I) No more bird culling loss
ii) Feed cost has reduced due to recent US-China trade war
iii) The new NH Foods operation should turn loss in FY19 to gain in FY20 when new plant's utilisation rate increases and start-up cost reduces.
12/08/2019 1:44 PM
stockraider This sohai don think the scenario will impact QL too meh ?..!!
Commodities business like egg and poultry affect the macro wide chicken industry & that include QL mah...!!

Posted by (S=QR) Philip > Aug 12, 2019 1:44 PM | Report Abuse

Hi value88,

How can you foresee that there will not be any repeat of the tragedies of this year? From my knowledge of the tuaran farms in Sabah for LAYHONG,

1. The bird culling loss may reoccur because the farm conditions have not changed at all, no additional health upgrades and controls similar to the QL farms on the other side, meaning all they were doing was culling with no planning for future issues.

2. Feed costs will reduce? I highly doubt it, as LAYHONG doesn't have a feed mill production business, and trade war will cause many unnecessary costs which will affect everyone in different ways.

3. I would wait until the nh operations actually turn a profit before being so confident about something that is currently losing money.
12/08/2019 1:54 PM
stockraider Posted by Icon8888 > Aug 12, 2019 11:14 AM | Report Abuse

ya, your QL is in this business also

so Herbert's chicken are susceptible to Viruses and yours are not



Posted by (S=QR) Philip > Aug 11, 2019 7:57 AM | Report Abuse

LAYHONG, here are the facts.

Oversupply of DOC and eggs? Facts.
Only one business model? Fact.
Very low margins, high competition? Fact.
Disease and illness ? Fact.
Poor growth history? Fact.
Not market leader? Fact.
Lackluster management? Fact.
No expansion plans? Fact.
Poor share price performance? Fact.

There are so many assumptions to make to predict LAYHONG success, I find it so hard to even try.
12/08/2019 1:56 PM
jenny778 GG. layhong 0.39...
13/08/2019 10:01 AM
kingcobra don't worry...be happy 'cos HERBRYD CHUA gonna help push up the price! he's finding ways for all layhong holders 2 pump in more!!!
13/08/2019 10:09 AM
Lukesharewalker Major indication is they declare dividends before QR and directors selling....QR high probability not gonna be good
13/08/2019 10:21 AM
shpg22 Everyone eat egg everyday? Fact
Downgrade fair price to 0.24
13/08/2019 10:46 AM
amet2017 so eat egg once a month aa? show la how you come out with fair price 0.24? got calculation?
13/08/2019 10:47 AM
jenny778 layhong 0.39.. how ?
13/08/2019 3:57 PM
Lukesharewalker Mflour also loss. Beware...
14/08/2019 11:16 PM
talkcockeatshit Cck who said good? Cirit birit mak kao
15/08/2019 10:52 AM
titus seem like poultry business very challenging this year. LHI issued a statement on lower revenue on upcoming QR. Mflour releases QR yesterday and glance thru, main losses is from poultry as well. In fact, grain and flour were making money but the profit was canceled out by the loss in the poultry business.
15/08/2019 3:20 PM
jenny778 yesterday stockpick2u live say they will go layhong agm... anyone want to go ?
16/08/2019 12:58 PM
jenny778 mflour.. hmm, chicken price no good, expected loss.. lol
16/08/2019 12:59 PM
dragonslayer Aiyo...no one interest this chicken farm kah...why 38.5sen oredy...last qtr still above 40sen....this time lower than 40sen...not good wo....lower low leh....very bad leh...mana herbert chua...why like that...your chick no value kah....aiyoyo...kikiki
19/08/2019 5:30 PM
Applepen Hello.. everyone
19/08/2019 7:32 PM
mala173318 Laying egg now
22/08/2019 9:48 AM


 

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