@simonalibaba long time no see bro. your still here. i thought u sold off earlier

@Leoleo Dont worry, you remember my earlier comment. What else the fella says, just do the opposite.

This company is so cheap. Teo Seng is flying again

Pang72 you so scared sell and go away. You litter every forum with rubbish no wonder you have 50k comments.

What producers want is to let the price float and based on previous article in the news that price will go up about 3 cents for eggs. Some say these companies are reliant on subsidies. In order to get everyone to agree to sell at the current low egg prices, govt has to give them subsidies and this is done to reduce inflation.

When they took away subsidies for chicken and increased the ceiling price by RM1 to rm9.4, LHI profits more than doubled. Cant comment on CAB as they are not market leader or most efficient player. If you check chicken prices have come down from Nov last year which was the peak but you have to take note of a few things.
1) this is avg price we are talking about. if your product premium, u sell higher and earn higher margins
2) raw material is in their favor so the other players could be selling lower as margins

Layhong and Teoseng are the biggest egg producers

They even couldnt wait for the dividend in Nov. Anyway this should be good news going forward. Good QR coming

Actually you got it wrong. They wanted to exit for the sometime. They came in before covid and wanted to do downstream manufacturing under NHF Manufacturing for value-added japanese products but ended up loss making due to COVID and early this year Layhong took over 100% of this subsidiary. They have been selling down their shares down all this while, u can check the announcements earlier. Now they are completely out.

NH Food exit is positive. The selling pressure will now be reduced substantially and perhaps now they can catch up with Teo Seng / LHI valuation

Owner injected business into the PLC but every time instead of taking cash out which most business ppl would, he took shares every time. And every subsequent time, the price was lower meaning he kept taking more shares meaning he believes in the company as he would have benefitted alot more taking cash instead.

If you are an old shareholder, you either write off or buy more at this level as too low not to avg. If ur new shareholder how much lower can this go logically. This is not a syndicate stock and owner is running a real business.

Rights issue was fully subscribed or which a portion was the excess taken by the owner himself.

The issue is not ESOS, that has given years ago if im not mistaken i recall that the amount to % of shares is not unreasonable. Price action is lagging as probably NH is still selling their block. But with all the positive factors on the industry now, it can only go up

For so many reasons. Teo Seng is no 1 producer, most efficient. Highest margin. Cash rich. Related to LHI.

Dont forget subsidy will be reflected in the coming QR and can expect more interim div

teoseng already hit 2.40. Layhong should be catching up soon.

60c will take awhile. But for sure next QR will be good since most have collected all the egg subsidy owing from beginning of the year.

If a company is the market leader, low P/E, negligible debt, high cash and paying reasonable dividends, whats there to worry. Even if US market crash tomorrow, how much u think this can drop. Current PE is 3.5x, forward PE is 2.5-3x and will have an even bigger cash reserve then

From pang72 comments, I gather that the inverse will actually happen. Either he skipped too much school that explains his excellent analytical skills or the more logical one, is that he is purposely asking ppl to sell down to benefit in some way.

In all fairness, everyone here is contributing comments and views on FOC basis. Its only natural that people will promote counters they own and would sell before telling you.

However, there is some truth in what ppl say from my observation past few years. If they were so good, they would managing a fund and not replying to forum comments

Funny assumptions you imply. Just coz UK and SG are stricter on graft, so they should be clean or maybe they are clean coz they have no edge in these countries. Does this also mean as long as you're not investigated by MACC that you're clean..

All our home grown companies use their 'edge' locally to amass their wealth to try and compete at an international level. Often most of them dont succeed coz they forget that the playing field there is more level and they actually have to be good in something to win

Come on we all know thats how business with govt works in our country. Im sure YTL is guilty of somethin' but so are a lot of other business owners as well. Do you think any of the top companies today are who they are without cable, cronyism and just pure ability and leadership ?

I guess a people still dont understand the implication of MACC or being able to understand how serious different legal cases are. Once funds sell, they might not buy back.

US unemployment is bad at 4.2%. So they added 142k jobs out of a population of 300m+. doesnt sound positive to me. the question u should be asking if what actual industries are actually booming there and do u think they will continue to do so with the current high interest rates and war inflation in the next 6 months.

Tech is over valued as many are not even performing and with the recent decline u know its funds selling and not so much retailers. With USD weakening and MYR strength.. exporters are going to take a big hit in margins, if u dont know how to take a cue from this then i dont know what will be your trigger to re-examine your position

Simple math. they used to make 30-40m a quarter, now they make 1/10 of that or 3-4m. Just use your imagination on what that should be fair value of their share price now

Whatever QR, they are just a contract manufacturer and you're paying 143 PE. Sectorial is on downtrend, USD against you. no upside.

laulau the way you promote stock is like a property agent. Nothing attractive about this counter. Almost 7 consecutive days of red, profit is terrible, PE is still high at this price, USD and Tech downtrend. This is more like exit immediately

Seriously what is the appeal for this counter. track record is not impressive, earnings are volatile even before MCO. HDD contract manufacturing for WD isnt exactly rosy. I have known previous WD suppliers who have a very cost tight and high commitment and low margin operating environment.

Quarter on quarter might be improving but track record is not convincing at all and the fact they went to PPE earlier makes u wonder if they are really focused or have a clear long term plan. USD is depreciating and margins are likely to come down.

This QR was already factored into the price as earlier this was trading at a high PE multiple, indicating a lot of insider trading / news, buying ahead of the announcement.

Wish you all good luck

The question is why the market is discounting this good fundamental stock. Price is trending down. If what you hoped for was true, funds would have pushed it back to 1.5 at least by now

2 days for buying 5m+ shares have only done only so much and even they have limits

PE 75 and even the absolute profit is laughable over the past 4-5 quarters and better still, they have been served a search and seizure order.

Might as go to genting and try your luck

lubetrader twhen a good QR comes out and the stock doesnt jump, some ppl to move on. there is no one operating this counter as u can see from the volume and the way its traded and so its largely supported by retail.

i dont think the flow went to glove coz if u are invested here, u probably wouldnt buy gloves which are all financially bad now and just based on a distant tarriff in 2026. thats 1.5 years to go. anything can happen

200+ PE and still u guys want it to fly... UWC is not tech company, its a contract manufacturer doing engineering services with CNC machines, metal stamping, etc.

Looking the at result, Lay Hong will be debt free soon and be a position to pay dividends. On this PE, those that want to sell can go ahead.

When ppl are fearful, its time to be greedy

Its obvious who is losing the war. EU will go into a big recession, have to deal social unrest, failing economies. All their leaders are also on the chopping board...Russia survived sanction since they wrongly blamed for MH17 and they accummulated 600B USD with a much lower oil price then. How about you guess how they are doing now

I'm still holding. This should easy go up to 31 soon

Moving up again. Just shows sometimes investors overreact and panic. From 22.5 that day its been smooth sailing and no synd here for sure

@sivadas, some ppl get a thrill when other ppl lose money. There are plenty of these spammers around. Not 1 comment on the financial, business or why they think the valuation is not right

That day i posted 22.5/23 was a good price. Now it lookin more stable.

Definitely exceed IPO for sure. Its just a matter of timing. If the business is genuine, growing and profitable with dividends, shouldnt be an issue. Once QR announced, i suspect they declared a dividend, definitely above FD rate.

Buyers strong today. I think they must be some good upcoming announcements

Time to buy. This is a very long established company with growing profits every year. At this price 22.5/23 cannot go wrong.

So many sellers today

This is what happens what we have half baked sifus all wanting to give their recommendations either becoz they have sold or for whatever reason, they are lazy or cant understand how things actually work

PP 30% was approved in July 2020 for 496M shares of which 431M had already been placed out earlier and they had further asked for extension to Aug 2021 to complete the balance of the PP. So we have another 65M shares to go under PP.

Is there dilution ? Yes there is, but this short term. But why are you complaining now when the bulk of the earlier PP block of RM431M was issue at as low at 17 cents in October 20 to 73 cents in March 20. You want a company to grow but you dont want them to raise funds through PP, Warrant conversion. Then how you them to fund all their acquisitions ? Do a rights issue ? Then everyone will be grumbling.

If the company gets all this funding and earnings dont improve then its EPS dilution. If the company increases profits with all this funding ( PP, Warrant, Rights issue ) then its the most logical thing to do.

@WithGodITrust Dont mind can share the for the CGS CIMB Report TP88

It has been going up almost everyday except for a few particular days and -5 cents during HKEX issue. Buyers decided to hold back buying last Friday so thats why volume is so ridiculously low ( RM3m-4m shares only vs average of 10m a day ) and price didnt really drop that much telling us that there are very little sellers left at the current prices.

Not many tickets left and when big volume comes this will easily rocket up. I would say this is a real recovery stock. Restructuring complete, low debt, written off non performing subsidiaries and with the right platform to go back to old times when this was a dividend play.

DNEX is definitely not the best choice. They will chose to win for reasons I explained reading in between the lines of everything. Local option is DNEX or GPacket. Who you think has stronger government ties and dont forget DNEX is a Bumi company.

newages00 some ppl worried that the deal will not go through coz a lot of the penny stock companies always make announcements just to to push their shares up. This case is clearly different to me

I think its clear that r88 has an agenda on DNEX. Look at his profile, and most of his 50 recent passionate comments are on a stock is supposedly doesnt own.

Khanazah already announced that they choose DNEX for Silterra without confirming the final price pending signing of the definitive agreement. If you read in between the lines, this means to me the following :-

1) The deal is going through coz Khanazah has never gone back on their word so far
2) DNEX is not the best suitor. They chose DNEX to to be winner for political or nationalistic reasons. Price does not matter.
3) It is in their best interest to keep share price up for fund raising purposes whether its private placement, warrant conversion or new issue of shares to fund this acquisition.

For those that think SIlterra is low tech, you should take a real look at our so called Malaysian 'Tech Sector' and see how many of those are actually Tech and have any actual standing in the world

Once Definitive Agreement is signed, the price will take a big jump.

Traders will take profit. Its obvious everyday the trend is very few sellers and more buying done before closing. Could be foreign funds buying in.

Media turnaround 2nd quarter in a row reinforces the confidence that will be able to stay profitable from now on, after the 2 years of restructuring. They have diverse revenue streams in all segments from online, mobile, tv, radio, outdoor and have an undisputed competitive advantage as long as management team is proper. Recent changes and announcements point to this direction and it wont be surprisingly if big funds start buying in again.

If you consider this. Cash of 300m, debt of about 100m meaning cash per share is about 20 cents and taking Q4 2020 as baseline, FY2021 earnings are conservatively EPS of 6-7 cents. This is a good bet

When was the last time you read an analyst report and follow it and make money

300m plus in cash and debt is only 1/3 on balance sheet. Real turnaround company

I personally think this is a good result. 2nd quarter revenue up and profits increased and there is more in the pipeline. The transformation is over and new management team should be able to do better from now on. MEDIA is now one of the biggest social platform in Malaysia. Lots of upside potential

QR should out soon. I think we should be expecting a good result

Noobee88 : He is a kid that limited financial knowledge but wants to be a sifu. Just ignore him coz he is dying for people attention. Yes gloating over peoples loss should not be encouraged but thats his karma and probably why he is suffering so much

You should read LCT forum back in Apr 20 see what this 'genius' said.

LOL Is this the same foker that was telling everyone in Lotte Chem forum that it is fully valued at RM1.6 back in Apr 20 with his Graham methodology. Maybe you better go back and study so you can at least spell your name correctly