Morgan Stanley bought 1.8 Million Layhong shares

the stock has come back from downtrend, with 8 fold profit it would be easily comeback above RM1. If the company decide to increase its dividend back to 5 sen as 2014 and 2016, that easily 12% dividend yield per annum. Demand of egg is going to be higher in future anyway, i think it is a buy

my action is buying more ;)

http://sasbadi.irplc.com/medianews.htm?filepath=sasbadi/SASBADI-NewStraitsTimes-26072022.pdf

KUALA LUMPUR: Sasbadi Holdings Bhd's net profit rose to RM2.03 million in the third
quarter (Q3) ended May 31, 2022, quadruple from RM552,000 a year ago. The publisher recorded revenue of RM19.37 million in Q3 2022 against RM15.32 million in the same quarter last year.