It's not as bad as you think to raise fund via rights issue. Another poultry player, Malayan Flour also proposed rights issue of rculs and the share price has plunged 10%. Not too bad.

I can average down once only, using 20% of my capital. And the other 80%, is using to average up. Or hunt for other stock, if there's any.

Anyway, a pack of 300g nippon premium nutriplus fried chicken chop is selling at RM11.80, really high margin there.

The balance sheet looks bad. Everyone still hesitating to enter due to this issue. Hope you can enlighten us how the management can solve this issue. Thanks.

Normally, composition of the broiler feed should be 2:1, 2 for corn and 1 for soy meal, not soybean. See table2 to table5.
http://www.scielo.br/pdf/rbca/v12n1/v12n1a06.pdf

You can find the latest future prices of corn & soy meal here.
https://www.cnbc.com/agriculture/

You play your game, I'll play mine. We all mature investors here.

I support a bit. I would like to see more articles from uncle. No uncle no fun.

NH Foods Ltd. holding 20.28% of mother shares & 25.5% of warrants. Only Yap family keep disposing warrants.

They r totally disposing 40,679,800 warrants through open market. Let's say average price of warrant RM0.30, then they get RM12,203,940 of cash.

How many warrants have been sold by NH Foods Ltd? NIL.

Thanks for sharing. Hope this old articles can help you a bit.

https://klse.i3investor.com/files/my/blog/img/bl3557_20170522_001.jpg
https://klse.i3investor.com/files/my/blog/img/bl3557_20170522_002.jpg
https://klse.i3investor.com/files/my/blog/img/bl3557_20170522_003.jpg

https://klse.i3investor.com/files/my/blog/img/bl3557_20180224_014.jpg
https://klse.i3investor.com/files/my/blog/img/bl3557_20180224_015.jpg

Just came back from 99 speedmart. 30' nutriplus eggs r selling at RM11.45 currently. Gain RM1.95 per pack just in few months.

Frankly speaking, after I share this few weeks ago, Layhong's share price plunged day by day. I don't know what had happened since I've no insider news.

But now, everything is clear & the worst is over. I think Layhong should fight back to save its dignity. Hopefully.

Looks no good. Under expectation.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5098

I suggest you guys visit grocery store near you tonight. Go & see how much a pack of 30' eggs is selling now.

Last few months RM8.xx or RM9.xx, now must be RM10.xx.

I posted this few weeks ago. Just sharing with you guys.

a. Pulau Indah new food processing plant which will be ready by the third quarter of 2018 will increase its monthly production capacity of frozen foods from the current 2,000 tonnes to 4,000 tonnes. Production to be increased by 100%.

b. To produce another 400 tonnes liquid eggs after Pasir Gudang new plant has completed, which also will be ready in the third quarter of this year.

c. To increase broiler production capacity from current 1.2 million to 2 million birds monthly. Production to be increased by 66%.

d. To increase egg production from current 3 million to 4 million eggs daily. Production to be increased by 33%.

I recall a pack of 30' no brand eggs was RM8.xx few months ago. Then it went to RM9.xx & now, RM10.90. Fuiyoh~

Even no brand eggs r selling at RM10.90 now. If you guys don't believe, go to grocery store near you. Then you will know.

Last few months, I went 99 speedmart. 30' nutriplus eggs only sold at RM9.50. Now I go there again, oh my god! RM11.20.

Inventory write-off, rights issue. All sounds bad to us.

Sometimes I feel sympathy to Southern Steel. They have recorded four good quarterly results continuously but share price didn't follow.

I don't believe Layhong drop so much due to under expectation quarterly result. I guess something bad is brewing. Rights issue, they had mentioned it last year.

Rights issue after 5 p.m. Who knows.

High chance there has rights issue. They need money to expand their new plant.

Debt & borrowings as high as RM250,166,000 and the worst is they have no cash in hand, cash equivalents even in negative, -RM3,172,000. I guess they r planning to propose rights issue.

If there is no insider news. I guess Layhong can close at RM0.90 today and it will drop to RM0.80 by tomorrow.

But now the price of Layhong is under RM0.60, very interesting situation. Tomorrow up or down, nobody knows.

Good advice. But don't let Uncle Koon read this.

Their second quarters always better than first quarters, five years continuously.

Their first quarter always the worst but second quarter should be better than previous. So buy on weakness or sell it, you decide yourself.

I guess the worst is over. But don't forget bring some nutriplus eggs throw to those useless management team.

Under expectation. 0.36 for this quarter.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9385

Annjoo latest quarterly result.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6556

Very good result. Congrats to Tan Teng Boo.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7052

Parkson still in loss-making. -6.74 this quarter.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5657

Good advice, Nikmon. Anyway, RM0.40 to RM0.50 are good prices to dispose.

All you need to do is sell before still have people put themselves into denial mode.

Can. But after ex-date, share price will be adjusted. And you won't get the rights issue & warrants. If you don't want to subscribe the rights issue, then you should sell it.

Anyway, this can solve their short term borrowings temporarily.

They plan to raise RM4 bil while debt & borrowings as high as RM15.5 bil.

Since everyone still here, now I knew the smartest one is Mokhzani.

They dump mother shares and switch to warrants. That's why warrant price still stagnant there. I guess so, who knows.

Should be good too but I'm afraid its jv or impairment loss will drag it down.

Not bad, above expectation.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5665

Current share price is 50% more expensive than rights issue.

Sapura Energy makes cash call at 30 sen per share to raise RM4b
http://www.theedgemarkets.com/article/sapura-energy-makes-cash-call-30-sen-share-raise-rm4b

...Sapura Energy said the exercise will be undertaken on the basis of five rights shares for every three shares held and one warrant for every 10 rights shares.

That's mean if you've 30000 shares. You need to subscribe 50000 shares of rights issue with RM0.30 per share. You also will get 5000 free warrants.

Since market sentiment is bad, I guess majority unwilling to pay.

Bad luck to its small investors.

No stock can continuously go up or come down. If you think Layhong is value buy, just buy your first batch.

To those who bought already, don't try to average down.

I feel like have an invisible hand pull it down.

The issue of the breeders that carried virus solved already. But Indonesian Rupiah & wheat prices look bad currently.

Very risky, especially its quarterly result will be announced soon.

Always buy on weakness.

It's good enough if Layhong can beat 1st quarterly result 2018. Good prospects ahead. I see very limited downside, especially its warrant.

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9385

a. Pulau Indah new food processing plant which will be ready by the third quarter of 2018 will increase its monthly production capacity of frozen foods from the current 2,000 tonnes to 4,000 tonnes. Production to be increased by 100%.

b. To produce another 400 tonnes liquid eggs after Pasir Gudang new plant has completed, which also will be ready in the third quarter of this year.

c. To increase broiler production capacity from current 1.2 million to 2 million birds monthly. Production to be increased by 66%.

d. To increase egg production from current 3 million to 4 million eggs daily. Production to be increased by 33%.