Supermax profit will only rise to RM81mil next quarter.

Thank you.

Godly Chua

Dear peasants,

Many low class investors have bought into Supermax in anticipation of explosive profit next quarter due to OBM model.

Sad to disapoint them, Supermax profit will explode a little bit, not as high as Top Glove and Harta.

Many stupid investors have been misled that Supermax model is OBM and commanding a higher margin due to no middle person.

This is a stupid understanding that only stupid investors will believe.

Do you believe you enter country like USA and Brazil can earn all profit to yourself? Then you should go to Evolve Mall and continue to eat your Lay Hong fried chicken.

The only two glove company that will earn real explosive profit is Hartalega and Top Glove due to their high quality customer base and leadership in distributor respectively.

Hartalega profit expected to rise by 400%

Top Glove profit rise by 350%

The keyword is not OBM, it is the quality of the customer.

As you are low class investors, you should realize your mistake.

Thank you.

Godly Chua

Dear peasants,

Many low class investors have bought into Supermax in anticipation of explosive profit next quarter due to OBM model.

Sad to disapoint them, Supermax profit will explode a little bit, not as high as Top Glove and Harta.

Many stupid investors have been misled that Supermax model is OBM and commanding a higher margin due to no middle person.

This is a stupid understanding that only stupid investors will believe.

Do you believe you enter country like USA and Brazil can earn all profit to yourself? Then you should go to Evolve Mall and continue to eat your Lay Hong fried chicken.

The only two glove company that will earn real explosive profit is Hartalega and Top Glove due to their high quality customer base and leadership in distributor respectively.

Hartalega profit expected to rise by 400%

Top Glove profit rise by 350%

The keyword is not OBM, it is the quality of the customer.

As you are low class investors, you should realize your mistake.

Thank you.

Godly Chua

Salvador, you broke from Instacom aka Vivocom already?

Thought you sai lang vivocom at 40 cent

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Thank you kind souls.

After I cut loss, I ate dinner at KFC.

I order Dinner plate. It taste very good.

Thank you.

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Lay Hong’s Ng Kim Tian must be fired for spelling Audit Oversight Board as Audit Oversight Borad

I propose:

OTB - CFO
Tyyap - Senior sales and marketing director
Taehyung - General manager to replace Yap Chor Wen

Lay Hong’s normalised profit for Q2 was actually RM10mil because the revenue for the cost above will come in from Nov to December

OTB is not stupid, he would have know this

OTB must have known that Lay Hong profit is lower due to cost incurred in preparation for export sales to Saudi and Japan, and cost of developing and promoting new patented shelless egg and onsen egg products

OTB is not stupid.

OTB said Lay Hong is good and bought.

Thanks OTB, Tyyap and Uncle for supporting the share

Fabien - Louis Yap only write positive bias things because he living in fantasy not reality

what is Louis Yap track record? Suddenly come out of no where and pretend like a sifu

this analysis is like cobra analysis

much worst than buaya analysis

very low quality analysis

Just like Cassie

Alan is a loser

Post removed.Why?

Lay Hong is ready for take off to RM0.70

JHNSNYU996 must examine his poor track record before attacking me.

Thank you.
Chua

you think your life is a comedy, but actually your life is a tragedy

=)

supersaiyan3 terlalu bodoh.

Is this speaking malay?

Thank you.
Chua

The company's growth will be very explosive next year.

The sales manager is working hard for Ecopac and doing roadshow to promote Ecopac.

She eat lavish meals and always on beauty pagaent does not mean she makan gaji buta.

Wa! Tyyap is unlicensed on SC alerts!

Lucky OTB is licensed

Cut loss on MYEG, buy more Lay Hong.

Lay Hong Q2 profit RM17mil

Total trade value RM5.6mil yesterday. Myself and prominent i3 sifu have added RM1mil out of RM5.6mil.

What do you say, Icon8888? Did you add more?

All the losers attacking OTB here are losers.

OTB help people make money from Jaks, get scolding.
OTB help people make money from Uzma, get scolding.

OTB replied to tell me that Lay Hong meets his stock evaluation criteria, get scolding.

What is wrong with all the losers that lose money in the stock market?
Want to release, go release at your own face in the mirror

If you want to know why Lay Hong will record multi year profit, watch this video interview by Sin Chew to Dato Yap Hoong Chai and Dato Yap Chow How

https://www.youtube.com/watch?time_continue=189&v=vNxlwFEac3E

Lay Hong profit for Q2 FY2020 = RM20mil

tell that to OTB, Tyyap, Lay Ming, Dr Edwin and Mr Koon.

You have no respect for Tyyap sifu. He is a great sifu that have help many people. Lay Hong is his top pick, you should be grateful for Tyyap that he select Lay Hong over all other shares

Next quarter profit RM13 mil

Thank you for your confirmation OTB.

You are a noble man.

Next quarter result will be very good because of Export sales from JV, lower finance cost (Ijok land proceeds use to pay debt), Liquid egg factory in Pasir gudang commence sales, repopulation of DOC in Tamparuli Farm have good progress. Egg price was stable and feed cost was stable.

I am a businessman that understand poultry industry very well.

All businessman know that poultry company will have record profit this year.

Especially Lay Hong because of enormous JV profit next 4-8 quarters.

Teoseng is another good company that will have good profits.

Lay Hong will fly starting today.

Tyyap and his students buying heavily.

Remember Tyyap is close to OTB.

Remember OTB is close to a tycoon Uncle.

Few tycoon buying, use your imagination.

No RI coming. All short term borrowings are Bankers acceptance that is use to finance trade receivables and inventories. This is very normal in poultry industry, it is a sign that the poultry companies are doing more sales.

Once the company receive cash from trade receivables in 90 days, it will be used to pay back the Bankers acceptance. New inventory purchased will use Bankers acceptance.

This was informed during the AGM.

Per pack of Nippon Nutriplus is 250 - 300g per pack, retail price RM11- RM13.

Nutriplus Tempura and Nuggets are existing products not produced by the JV.

EPF emerged as top shareholder with over 6mil shares. Refer Annual Report.

Factory is 30% local 70% export. Local price will be RM11 - RM13. Export price will be RM8 - RM11. So RM11 is accurate.

This month contribution is RM800k per month (Around RM2mil per quarter).

- 2 packs of Chicken Karaage as door gift.

- JV turnaround from loss into profit as export sales has begun. Achieve 4k MT/month next year (7k MT/month in 2021). Assuming RM11 per 250g (1 pack weight) works out to 16mil packs sold per month (Revenue of RM176mil per month). For Lay Hong's 49% interest would be RM86mil revenue per month (3% profit margin) would be RM2.6mil/month (RM7.8mil per financial quarter) additional JV profit.

- Cost rationalization from selling off underutilized assets and installing diesel powered lights (Save RM1mil per farm)

- MIDA tax incentive to reduce tax (increase profits) for export sales of Japanese chicken products.

- Farm culled to run at full capacity next month.

- New Johor Liquid egg factory commenced operations this month.

- Last year egg production affected by culling, was only 1.9 - 2mil eggs. Now is 2.5 - 2.6mil eggs. By next quarter will be 3mil eggs.

- Farm is 80% automated. Staffs mostly from retail operations in East Malaysia.

- EPF emerged as one of the top shareholders in the company.

- Will not be any Rights Issue (Short term borrowings are revolving credit for trade receivables - is normal for poultry industry)

- Ready to eat Thai food Chimdoo doing very well. Performed very well at Halalfest event recently. Expected to provide small boost to profit.



Conclusion:

Generally, good and bright prospect for FY2020. JV profit to be very significant in 2020.

Sharp share price drop last year mainly due to Kenanga not willing to provide pledge facility to Innofarm as share price fell (Sold warrants to top up margin). Unlikely to repeat as Innofarm has direct shareholdings.

Many funds interested in accumulation but would wait for next quarter results to see export sales performance (expected to be good)

Next quarter expected to be good due to stable egg price and feed cost, plus export sales, lower tax from tax incentive, lower financing cost (Debt reduced from proceeds from Ijok land).

Bright prospects based on AGM.

Next year profit expected to be significant due to JV contribution

If Yap Chor How still have dignity, she should remove herself as director or should go to exercise to avoid being overweight.