Just all in during 7.68 & 7.69 too...

Hi briantc14, you own this counter too?

Thanks for clarifying this.

Hi moneySIFU, for liquid egg expansion, what i get from Star is from 400MT to 2000MT.
(https://www.thestar.com.my/business/business-news/2018/06/19/lay-hong-allocates-rm39mil-as-capex-for-fy19/)

Hi, thats good sharing, something that you may look into.

Egg section is just contributing 25% of Layhong's revenue.
Few more factor that may play around rather than just looking at price of egg.
Soybean and corn price may take huge impact too. Eggs come from chicken, and chicken come from Soybean and corn! Take not there will be some lagging for material price, as company will stock up these material 3 to 6 months normally.
On top of that, currency is impacting the profit too, as layhong use USD in material purchasing.

So, instead of looking at just egg price. There are more too look at.
Thats not so straight forward.

One thing to discover, what make the share price drop so much CONTINUOUSLY for 2 months. Everything come with reason. There are something that we do not know behind this huge & quick drop in share price.

Bro Jia Junn, just wondering why you so confident on this counter?

Hi mega_investor, I did not mentioned "bad result", don't get me wrong.just wondering will the result being diluted as I believe most of the material purchasing made and purchasing order received involved in USD.
Can you share more on your point of view?
Statement from annual report.

"The Group is exposed to foreign currency risk on sales and purchases that are denominated in currencies
other than the functional currency of the Group. The Group also holds cash and bank balances
denominated in foreign currencies for working capital purposes. The currencies giving rise to this risk are
primarily US Dollar (“USD”) and Singapore Dollar (“SGD”)"

@Clearsky bro, recently strong ringgit, I guess this will dilute EPS for JHM is the future. What do you think? I wonder the growth of JHM will cover or reduce the impact of these strong RM.

My guess is kicked start not meaning will have contribution, as their customer take time to qualifying those part. The line May run for qualification sample for customer.
Qualification process will take at least months to even 1 year. That's the reason why order will cut in late.

http://www.theedgemarkets.com/article/jhm-expects-continue-double-digit-revenue-growth

According to the last news, aerospace mechanical part will only start contributing to the revenue in FY19.
For two-wheels cotract, was kicked start in 2nd half FY17, should be kick started. However, i did not see the contribution of the contract to last quarter result. It should be contributing at least 20% increase in term of revenue (more than 10m per quarter based on the article attached).

Yea, true, anyhow can bring out these to management during AGM. If JHM capable to cater for ADB technology. That's will be another strong point.
LED will be still dominant as laser diode is still relatively expensive if compared to LED. Will only be used in premium car. Thanks for your sharing, great info.

No one can answer this to you...God knows...maybe we need to make our own judgement on when to buy or sell...For long term, jhm no doubt is a good counter to go for...

Omg...1000% gain...creepy!!....

Almost one year holding this counter, i dont think will let go easily. just that thinking to top up more during such bad market. However, JHM still stood strongly on 2.9 even market is bad. Thats really cool!

Briantc14 bro, RM getting stronger, JHM will be one of the company will be impacted as well. Do you think the impact is huge? Do JHM doing any hedging?

Clearsky bro, great to hear this. You working in this sector?
How about the price of both Laser lighting and ADB/LED lighting?
I feel that JHm will be going higher too for FY18 with contribution of 1. MSL
2. MACE RM6 million (FY18)

If there is contribution on Aerospace, i guess FY18 will be a great year.

Clearsky bro, any idea on Laser Lighting tech? Do you think LED lighting technologies will be replaced by laser lighting tech?