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2018-08-29 09:42 | Report Abuse
Open letter to QL management: If you choose to takeover Layhong one more time, We will support and vote for you
Dear QL,
As you may know (actually the entire Malaysia investing community also know), a company that you tried to takeover in 2015, it's share price has fallen proposterously. The share has fallen from RM1 to RM0.5 (Almost 50% fall) in a period of one month.
As small shareholders, we are fed up of the management.
- Buying warrants at RM0.50 only to sell off one week later at a loss of RM0.40
- Selling Ijok land at a loss on disposal with no specific details until Bursa requested
- Share price fallen proposterously
- UOB Bank said they will convert warrants but after one month not even an announcement on conversion of warrants
If I am NH Foods Ltd. (joint venture partner), I will be very angry. They cannot even spell NH Foods Ltd. correctly in their latest quarter report! (Spelled as NH Food Ltd, not to mention the other spelling errors like progreesingly and calender). What unprofessionalism!
If you choose to buy and takeover again, we will 100% support you and even don't mind to do a roadshow to support you
Thank you.
2018-08-29 01:23 | Report Abuse
I call that number and they told me they are attending to a patient name Janice since last year until now
2018-08-29 01:22 | Report Abuse
even sumatec or sapnrg chairman not as loser as this company chairman
2018-08-29 01:21 | Report Abuse
heard that layhong chairman taught QL chairman how to do business
QL chairman do business until company worth RM10bil
Layhong only worth RM300mil
maybe that is why layhong chairman sore loser
2018-08-29 01:20 | Report Abuse
If QL would have took over the company in 2015, Layhong would be worth more than RM2bil by now
2018-08-29 01:20 | Report Abuse
if layhong management is like QL management, Layhong share price would fly to RM5 by now.
but it is still so small compared to QL because of the management arrogance that led to its downfall
2018-08-29 01:19 | Report Abuse
we should write to NH Foods Ltd to sell their shares and warrants to QL (NH Foods would not benefit if the share price continue to drop)
then we should use all our power to buy all the shares and warrants
ask QL to launch a takeover offer, better management than Layhong management
2018-08-29 01:16 | Report Abuse
the directors don't care about small shareholders wellbeing, if they care they would buy back the shares when the price drop. they have done nothing means they don't care
2018-08-29 01:15 | Report Abuse
one thing is for sure:
the seller of layhong shares must have got some information before the profit results
there is something brewing in the company that none of small shareholders know
the management could not care less about us
we are left to die even though we believe in the company
HL Bank analyst downgrade from RM1.24 to RM0.55 (>50% drop) after one quarter result, he must be fired, ain't he?
2018-08-28 11:38 | Report Abuse
the only question is who was the seller since July 10 that sell like no tomorrow?
these people must have known the result is bad before hand
2018-08-28 11:33 | Report Abuse
callmeSugarDaddy What happen to this AlanNga? Didn't he know this is norm in bursa? Cry also no use, go find a job & save money in FD better
28/08/2018 11:26
callmeSugarDaddy said insider trading is a norm in bursa. SC should investigate such statements!
2018-08-28 11:26 | Report Abuse
BoPoint, kasinathan, lachai2004 and callmeSugarDaddy
Four of you must be blind or stupid
I invest very small amount in Layhong
The truth is Layhong share price fall without any reason since July 10 until yesterday when the bad results is out
I want to complaint and report to SC to help many small investors
What is your problem?
You got problem is it?
You busy body for? you invest in Layhong? If no then shut up and stop being childish to busy body
2018-08-28 11:23 | Report Abuse
Happy Trader Rubbish company... If I see the director I sure kill him
28/08/2018 11:13
Happy Trader, dont do anything stupid! lets report to SC is enough!
2018-08-28 09:56 | Report Abuse
5 mysterious things that happen before Layhong's bad profit result that must be answered
1. Layhong share price starts to fall in middle of July (I was told this is the time the finance department or accountant complete the work of *close the books*). This mysteriously coincideces with the time Layhong's price starts to fall unstopablely. Is this coincidence or not coincidence?
2. I was told Layhong's top 30 disclosed shareholders held 75% of Layhong right before the selling (30 June 2018). The 25% remaining shareholders identity are unknown. Could the 25% shareholders be in the main camp that created the selloff right after the annual report that disclosed the top 30 disclosed shareholders on 30 June 2018 (Selling started on 10 July 2018)
3. Few directors purchase warrants at RM0.50 and sold the warrants at RM0.36 - RM0.40 in a short period of time. This is a strange transaction that have not been answer until now. UOB Bank mention in its report the director wish to raise funds. If the directors wish to raise funds, why buy more warrants at RM0.50 in the first place only to sell it after one week at a loss?
4. Simple spelling errors in Layhong's latest result announcement:
"For the liquid egg business, the commissioning of the equipment in the new plant in Johor is progreesingly as per schedule....."
"....joint venture Company with NH Food Ltd is also on time and is expected to be operational by the 4th quarter of the calender year 2018."
Is the finance manager or accountant preparing to be sack as he or she cannot even spell simple English correctly in an official document?
- progreesingly should be progressingly
- calender should be calendar
- no company called NH Food Ltd. It should be NH Foods Ltd. (Unprofessional accountant that disrespect the joint venture partner by spelling error)
or... is the spelling error done on purpose or an ulterior motive?
5. I was told by an auntie that "devils" have been selling and one day very bad karma will get back to them. Who are the "devils" she is refering to? Auntie refused to tell me
2018-08-28 00:19 | Report Abuse
I will be organizing a small session for retail sharholders that have got con in this counter.
if you are interested plz let me know
i will invite auntie
2018-08-27 19:06 | Report Abuse
sorry is pypysailor not somersby:
pypysailor I will commit suicide and curse the director by writing their name on the wall with my own blood if it keep free fall.
24/08/2018 18:14
2018-08-27 19:06 | Report Abuse
Auntie phone call me after results is out-
"See... I have told you... the devil has been selling layhong after they knew the profit in as early as july... do you know that the first quarter profit will be known by middle of July? this is the time that the accountant *close the book*.
if you see the selloff... it started in july... many devils have sold without remorse or care of the other shareholders that will buy up their shares....
these devils have prehand information and the news spreads like fire from hell...
not to worry son... i am very sure that these devils will face judgement one fine day...."
I have lost a lot of money and auntie have lost almost her live savings..
why is this allowed?
there is even one friend here - Somersby who said he wanted to commit suicide because of the share price selloff by those who obtain first hand information at our expense. I pray to Lord Ami tha Bah that you will have peace and dont do anything stupid
2018-08-27 16:40 | Report Abuse
the auntie told me that the devil that cursed this counter willreap the soul of the sellersthat sold based on first hand information.
their soul wll turn black and karma will consume them
2018-08-27 16:26 | Report Abuse
auntie said the seller is a devil
has been cursed by someone powerful. the devil will curse the counter
2018-08-27 16:21 | Report Abuse
i was told by a auntie in the morning market few days ago. she was told by her investment bak analyst.
i not 100% certain on the realiblity of this information.
auntie also said the investment bak analyst said this is common practice in investment banks, they always get the information first, then they will sell to us but they will write good report to tell us to buy
why can this be allow to happen?
2018-08-27 16:07 | Report Abuse
results will out end of today. profit RM2mil only (many a** hole investment bak already got the information since July and some devil try to sell beofer the news)
will be disater if management do not support the share price. fall by 40% in one month
2018-08-27 11:51 | Report Abuse
Yes I am new ID creted last week (not today - another silly error by KLCIKing).
I create this ID because I want to ask the forum members here on my information I found out on lay hong.
too bad KLCIKing accuse and abuse me of making false news. which brain did you use to think i spread false news?
2018-08-27 11:49 | Report Abuse
Retarded KLCIKing just deleted his comments above, did you read his coments before asaying I am wrong.
He abused me with profanitities and called me a liar.
He even asked me to use my eyes to see where did i see the AGM is next month
I will not delete my comments, because I am defending myself against a retarder person like KLCIKing
2018-08-27 11:42 | Report Abuse
Retarded KLCIKING, you are such a retarded person with a retarded eye to be able to see something so simple wrongly. You deserve to go to their AGM tomorrow, where you will meet your ownself there and talk to yourself. There might be some nutriplus eggs for you to throw at yourself for being so retarded with a stupid eye
2018-08-27 11:37 | Report Abuse
KLCIKING, you should put some effort to go to a doctor to either get your brain or eyes checked. You must be retarded to think that 28 September 2018 is not next month
2018-08-27 11:34 | Report Abuse
Its sad to see such a loser like KLCIKING who cannot get simple facts correct. He must be waiting for next YEAR to attend the AGM
2018-08-27 11:33 | Report Abuse
NOTICE IS HEREBY GIVEN THAT The Thirty-Fourth Annual General
Meeting (“34th AGM”) of LAY HONG BERHAD will be held at The Ballroom
III, Ground Floor, Premiere Hotel, Bandar Bukit Tinggi 1/KS6, Jalan
Langat, 41200 Klang, Selangor Darul Ehsan on Friday, 28 September 2018
at 11.30 a.m. for the following purposes:-
2018-08-27 11:33 | Report Abuse
KLCIKing, the first paragraph of your link states 28 September 2018, which is next month, are you stupid or blind? I think you are stupid
2018-08-27 11:31 | Report Abuse
you must be so shameful that you cannot even do something simple correctly. Its sad to see people like you exist
2018-08-27 11:30 | Report Abuse
KLCIKing, you put all hte links here, but you cannot even put the correct link. You are such a dumb f**k. Go the the company's announcement under General notice of meeting, the AGM date is 28 September 0218. You are the one spreading false news, period.
2018-08-27 11:08 | Report Abuse
even sinchew also want to lie, the company announcement disclosed AGM is next month! why is everyone, especially the newspapers, investment banks all spreading false news on the company?
2018-08-29 09:50 | Report Abuse
what happen to Stock Kingdom? Share fake analysis and come here to blast Lay hong small sharheolders?