Personally thinks that now is the best time to collect especially when the company has so many stories to tell.
1. The egg price has been increasing slowly in Malaysia from the previous low. Some more the coming festive season and all. Little knows that the egg futures in China has already spiked to almost year high. https://www.investing.com/commodities/egg-futures
2. Bird flu has caused massive bird culling in many countries especially Japan. In near future, it may cause shortage of supply in the country and force to import. Layhong has the advantage to capture the market due to NH Foods.
3. Olympic theme since Japan will continue to host it in this year. Just imagine Layhong and NH Foods have prepared so long for this...
4. Production normalized + expansion over
The only shortage is the high corn price which may take up some margin. Hopefully the weaker USD can offset partial of it.
Stock: [LAYHONG]: LAY HONG BHD
2021-01-19 00:21 | Report Abuse
Personally thinks that now is the best time to collect especially when the company has so many stories to tell.
1. The egg price has been increasing slowly in Malaysia from the previous low. Some more the coming festive season and all. Little knows that the egg futures in China has already spiked to almost year high. https://www.investing.com/commodities/egg-futures
2. Bird flu has caused massive bird culling in many countries especially Japan. In near future, it may cause shortage of supply in the country and force to import. Layhong has the advantage to capture the market due to NH Foods.
3. Olympic theme since Japan will continue to host it in this year. Just imagine Layhong and NH Foods have prepared so long for this...
4. Production normalized + expansion over
The only shortage is the high corn price which may take up some margin. Hopefully the weaker USD can offset partial of it.