Know what you own, and know why you own it.
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2018-08-21 07:26 | Report Abuse
Uncle, how do you think Megasteel can impact Lion Industries earnings.
2018-08-20 09:04 | Report Abuse
Market capital of Lionind is about RM850 million. They will acquire Megasteel asset for RM537 million. Currently Lionind’s net tangible assets as high as RM2.69, after it added Megasteel asset to the group, its net tangible assets should be increased sufficiently. I guess mininum RM3.50.
Lionind current share price is RM1.20. You think it’s overvalued or undervalued, all is up to you.
2018-08-20 07:44 | Report Abuse
Automotive industry needs a lot of steel, especially cold rolled coil. Megasteel can produce 3.2 million tonnes HRC and 700,000 tonnes CRC a year.
In fact, Megasteel can produce up to 1.45 million tonnes of CRC per year if it runs at full capacity vs CSC Steel’s 620,000 tonnes and Mycron’s 260,000 tonnes.
https://klse.i3investor.com/files/my/blog/img/bl3557_mycron_steel_berhad_ar17_bursa_009.jpg
2018-08-19 20:53 | Report Abuse
The key to making money in stocks is not to get scared out of them.
― Peter Lynch
If you so scare, don't invest. Though Lionind share price a bit high already, but it still trade at low PER.
2018-08-19 11:26 | Report Abuse
And the rights issue also which will be launched in final quarter 2018.
2018-08-19 11:20 | Report Abuse
Currently MFM has 3 main issues.
a) Breeders that carried virus.
b) Rupiah weakening against USD.
c) Expensive wheat price.
2018-08-17 22:35 | Report Abuse
They bought a batch of breeders that carried virus.
MFM steady despite 1H ‘storm’
http://www.theedgemarkets.com/article/mfm-steady-despite-1h-storm
2018-08-16 15:42 | Report Abuse
The operators no have insider news too. All they have is money & strategy.
2018-08-16 15:26 | Report Abuse
Layhong-Wa looks like downside risk 5 sen & potential upside 35 sen, I see limited downside there.
2018-08-16 15:21 | Report Abuse
Good sign. When you sell in desperation, you always sell cheap. ― Peter Lynch
2018-08-16 14:55 | Report Abuse
Nothing wrong. I have no insider news. I like buy on weakness.
2018-08-16 13:22 | Report Abuse
More than 2/3 of overall comments came from last month.
a. Pulau Indah new food processing plant which will be ready by the third quarter of 2018 will increase its monthly production capacity 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%.
2018-08-16 10:32 | Report Abuse
I go straight to the point.
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 see very limited downside for Layhong, especially its warrant. Return can be more than 100%.
2018-08-15 17:54 | Report Abuse
Looks like downside risk 3 sen & potential upside 19.5 sen, I see limited downside there.
2018-08-15 17:45 | Report Abuse
Shhh.. tomorrow morning let me buy first.
2018-08-15 17:15 | Report Abuse
Layhong's staff can buy at RM0.581 but you guys need to pay at RM0.71 & higher.
http://klse.i3investor.com/additionalListing/9385/15-Aug-2018/21202_1213039201.jsp
2018-08-15 10:25 | Report Abuse
Very low PE. Based on 10, it should RM0.40.
https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7192
2018-08-15 09:25 | Report Abuse
I guess it will turn green later.
2018-08-14 13:42 | Report Abuse
Has a bit chance this quarter will be negative. Who knows.
2018-08-13 10:21 | Report Abuse
I go straight to the point. People say that Layhong has very good future. And here are the reasons.
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%.
With such huge expansion, high chance that Layhong’s revenue will be increased 50% within a year, at least.
2018-08-11 11:49 | Report Abuse
Not only UAE, Hong Kong & Brunei also ban poultry imports from Sabah.
2018-08-11 10:29 | Report Abuse
Second bird flu case detected. Looks like Layhong has bad luck recently. Thanks for your info, Calvin882 bro.
SABAH records its second bird flu case, this time in Kampung Loputong which is within 5km from where the first case was detected in Kampung Kauluan in Tuaran.
This was confirmed by the Sabah Veterinary Department based on rapid preliminary test that showed positive of the avian influenza virus in the village.
2018-08-08 18:53 | Report Abuse
Let me bad-mouth LAYHONG a bit. I don’t think this quarter LAYHONG will post good result.
First, they usually doing NOT good in 1st quater. Maybe you will say previous revenue above RM100 mil for three quarters continuously already. So logically it won’t post bad-looking result. But let’s see its competitor, PWF. They also can maintain high revenue, but look at its final result. They always doing bad.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7134
Second, within April to Jun 2018. Eggs at very low prices. Even Gred A Eggs, only can sell at RM0.26-RM0.33 if compared to previous Jan to Mac 2018 with RM0.29-RM0.38 per egg.
http://www.dvs.gov.my/index.php/pages/view/1825
2018-08-08 15:10 | Report Abuse
Normally LAYHONG doing NOT good in 1st quarter, if compared to another quarters. Maybe we can buy cheap then.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9385
2018-08-05 12:16 | Report Abuse
Tamparuli is a sub-district of Tuaran. LAYHONG's farm there named Sri Tawau Farming. You can find the location with google map.
2018-08-05 09:15 | Report Abuse
Maybe, if the situation is getting worse. But this also provided an opportunity for investors to buy cheap.
2018-08-03 16:04 | Report Abuse
Borrowings too huge. But it's a value buy if LAYHONG can drop to RM0.60 & below.
2018-08-03 16:00 | Report Abuse
Trend gone already. And I sold already, earn RM0.15. Better than none.
2018-08-03 08:10 | Report Abuse
Borrowings more than RM220 mil but cash RM10 mil only, debt ratio very high, even higher than SAPNRG & KNM.
2018-07-29 21:36 | Report Abuse
High chance that Jaks will lead the market down on tomorrow.
2018-07-28 19:23 | Report Abuse
Now I know how manipulating system works. Huh huh.. must like!
2018-07-27 21:58 | Report Abuse
Limit down soon. Just sell when still have people in denial mode.
2018-07-26 18:23 | Report Abuse
4 weeks range within RM0.71 to RM0.935, now at RM0.765. Potential downside 5sen & potential upside 17sen. Please pick a side.
2018-07-26 16:53 | Report Abuse
Nothing wrong with this counter. I guess it will go back to RM0.90 & above easily.
2018-07-23 18:29 | Report Abuse
You say washing out weak holders, I say some shareholders still put themselves into denial mode. There is no right or wrong, only time will tell.
2018-07-22 12:01 | Report Abuse
Now they want to trap newbies. So need to shout limit up until market opening at 9.00 a.m. tomorrow morning, then they queue at the first to sell out.
Lim Kang Hoo said already, he no bid for Bandar Malaysia anymore.
2018-07-21 07:03 | Report Abuse
Kena UMA already. Just sell when some people still in denial mode.
2018-07-20 14:54 | Report Abuse
If the lowest RM0.655, 100% return is RM1.31. Not too attractive, just admit I miss the boat.
2018-07-20 14:51 | Report Abuse
Just tell me what's the TP for short term.
2018-07-20 14:27 | Report Abuse
Don't know why khatulistiwa bro always is the loser. Yes, this counter can say hit & run. But we also can ride with the wave & win.
2018-07-19 21:42 | Report Abuse
The highest RM1.57 & the lowest RM0.50 in 52 weeks. Potential downside RM0.245 & potential upside RM0.825. Please pick a side.
2018-07-19 19:10 | Report Abuse
Rest a while, then stand firm at RM4.00 & move to RM5.00.
2018-07-19 19:04 | Report Abuse
REVENUE IPO RM0.37, then hit RM0.74 & drop back. You know I know.
2018-07-19 18:21 | Report Abuse
The lowest RM0.50 within 52 weeks. TP should be RM1.00 if the operators want to fry.
IWCity jumps as Bandar Malaysia talk resurfaces
Justin Lim / theedgemarkets.com July 19, 2018 17:08 pm +08
KUALA LUMPUR (July 19): Iskandar Waterfront City Bhd (IWCity) shares surged as much as 28.5 sen or 50% to 85.5 sen, possibly in anticipation that IWCity's major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) may get a second chance to develop Bandar Malaysia.
The proposed Bandar Malaysia project is on a 194ha (486 acre/21.17 million sq ft) tract within the old airport site in Sungai Besi here.
Today, news reports quoted Damansara MP Tony Pua as saying no companies had responded to the Malaysian Government's tender request for the development of Bandar Malaysia. "When we asked the (finance) ministry officials, the developers who came forward were zero," Malay Mail quoted Pua as saying in Parliament today.
Last year, Bandar Malaysia was in the spotlight after TRX City Sdn Bhd alleged on May 3, 2017 its planned sale of a 60% stake in Bandar Malaysia to IWH CREC Sdn Bhd was "null and void with immediate effect".
IWH and China Railway Engineering Corp (M) Sdn Bhd jointly own IWH CREC. The Malaysian Government via the Finance Ministry owns TRX, a former unit of 1Malaysia Development Bhd (1MDB). The Government also owns 100% of 1MDB.
At Bursa Malaysia today, IWCity shares pared gains at 77.5 sen at 4:15pm with some 110 million shares traded. IWCity surfaced among Bursa Malaysia's most-actively traded stocks and leading gainers.
Meanwhile, IWCity shares could have also taken cue from Prime Minister Tun Dr Mahathir Mohamad's statement today that Malaysia will defer the planned Kuala Lumpur-Singapore High Speed Rail (HSR) instead of unilaterally cancelling the project.
IWCity shares could have taken cue from the fact that the Kuala Lumpur-Singapore HSR project will include Bandar Malaysia as one of its stations. According to MyHSR Corp Sdn Bhd's website, the Kuala Lumpur-Singapore HSR project will include seven stations in Malaysia — Bandar Malaysia, Sepang-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri, before reaching its last destination in Jurong East, Singapore.
http://www.theedgemarkets.com/article/iwcity-jumps-bandar-malaysia-talk-resurfaces
2018-07-18 19:56 | Report Abuse
I can say like that, TM didn't cut unifi & streamyx prices, even 1 cent.
Stock: [LIONIND]: LION INDUSTRIES CORPORATION
2018-08-22 20:34 | Report Abuse
Better be careful with its final result, seriously. Always looks bad in this several years.