Siennn la

11 million till 1.30 kasi pecah laaa

Sozai hibiscus old man koon cannot pump la u think this is small pond ka lol

Come on OPEC tell the world 'we believe US$ 80 per barrel of Brent crude is a fair price and supportive of world economic growth' and then multiples expansion cominggg screw trumppp

15 mil units whack break 1.30 crude US$100 cominggg

Walaooo how can this be crude up hibiscus also up impossible! Sell more liver to short!

Sold kidneys and part of liver, ready to short further

Ask them how many more warrants they want to sell at 20c

Runnnnn crude is going to hit US$100 crude up hibiscus down more negative goodwill more impairment coming cash call coming sapura version 2 runnnnn

Oh no tomorrow limit down Hibiscus needs US$50 mil by 2020 (c. RM200mil) to double production by 2021 cash calls coming runnnnnn

You wanna gamble also need to see on what grounds. Genting is a heavy index constituent, but there is a large foreign shareholding, and hence the foreign funds movement mirrors those in other casino operators, and globally the casino operators have had their share prices slumping because guidance for Macau/VIP segment is bad - drop in China tourists / high-rollers / economy / trade-war etc

The original question simply requires you to post up spreadsheet + chart of the 'egg prices and feed costs, considering capacity expansions as well' and exchange rates - saying 'there's a lot of calculation' wont quite do

After all, youve written four long posts, and the main selling proposition for LH is their NH/frozen food segment (which can be seen as a consumer-play)

UOBKH research report has no such information. Tracking only publicly available information (qtrly and AR), I dont see how you could 'backward calculate' the 7-8mil per quarter profit contributions (and I assume you mean PBT)


Chicken King It is actually based on a few assumptions and from whatever information on segmental margins I could dig up from analyst reports.

This initiation report here from UOB has plenty of info:
https://research.uobkayhian.com/content_download.jsp?id=44935&h=5d...

The concept is simple - Lay Hong has 3 main segments: Eggs (24% revenue), Processed food (50% revenue), and Others (26% revenue). The "Others" segment generally contributes minimally to earnings, while processed food has stable margins from their pricing power. Therefore, the main swing factors are only "Egg" segment profits and feed cost movements.

Using the above information plus egg & feed price trends, I observe q-o-q fluctuations and estimate what were their impact to earnings after considering capacity expansions as well. There's a lot of calculation.

But after stripping out the volatile portion, the remaining "stable" portion is always roughly RM7-8 million per quarter.

I admit it might not be 100% accurate, in fact it might be far from actual contribution. So it's still an estimation. But the idea makes sense: There are only 2 segments contributing to profit. The segment with higher margins should contribute more to bottomline.

Thanks for asking. I wasn't sure I should include this explanation in the article because it might become too long-winded.

Yes the correlation is provennn crude up hibiscus down with Trump iran sanctions brent crude is going to US$100 better sell guys high crude lower profits for hibiscus

Still promoting and misleading ka noob

Who else supports IRR 12% is project IRR (so equity IRR is over 30%) and RM300-500mil per year lai lai insert name below:-

1. dk66
2. kcchongnz
3. icon8888
4.
5.
6-100

Damn have to chase high bought 1.18 sell 1.20 earn few cents enough life of a trader and thats how decisions are made because share prices are not determined by intrinsic value and cashflows nonono but by shapes and lines that you draw on a graph

I also wan 20c wa

Yahhh wait trump get caught for working together with Big Oil and Saudi and Russia in front say too expensive behind go sanction Iran then he will be impeached crude USD35 coming

No choice tomorrow have to chase high buy 1.13 sell 1.15 because thats the life of a trader see some charts draw some lines earn few cents is good earn few hundred percent no good

Strong sell later cutloss tmr Trump tweet oil price too high and all of a sudden crude price drop because all of a sudden ppl stop driving and demand for crude drops

Trump in front say oil price high to look like he's protecting the everyday americans, belakang cucuk together with US Big Oil lobbies, Saudi Arabia political donations, and Russian president Putin best friend forever don't worry he will be caught for this conspiracy to rob the american citizens who voted for a monkey of cheap energy and then he will be impeached and crude will go to $35

Crude going up next week hibiscus down higher crude price stock cost for hibiscus goes up profits down better sell monday

Nonono crude will come down dont trust Goldman Sachs they say commodities will go up because they want you to buy from them better runnn guys last chance
https://www.bloomberg.com/news/articles/2018-09-21/goldman-backs-commodities-as-investors-shrug-off-trade-war-shots

Faster sell Donald Trump says oil prices too high crude going down to USD 50 soon because in a free market prices are determined by what the POTUS says instead of actual supply-demand better sell guys last chance later cutloss

You dont know how to do DCF's, dont understand the power plant industry in general and in Vietnam specifically and dont know how to do research dont mislead people sky high TP la

RM300-500mil per annum from the Vietnam IPP? Who else lai lai dont be shy

Lol even i3investor support old man koon where did past comments from 11-19 September go no wonder people's IP address and IC info can be leaked lol

Walao bluff pump later dump to all of you management cannot be trusted their qtrly report which is some of the most comprehensive and detailed and transparent and their balance sheet which is squeaky clean and negative goodwill which theyve mentioned wont be repeated and impairments which have largely been concluded all cant be trusted one all of you traders better take profit sell now better than cutloss later

Crude oil up = hibiscus down more negative goodwill coming the P2-ST which hit paydirt with 2,375 bpd nett to hibiscus cannot trust better sell later have to cutloss

The IRR of 12% is to equity, not to project, and no this is a statement, not a guess

The returns per annum are circa USD 20-25 mil (which assumes a certain financing structure of course) and that has not taken into account the loans/bonds which would need to be paid back to the banks

If you do not have an understanding of DCF's, dont invest in an IPP, stay within your circle of competence and do not mislead people

Tomorrow better sell crude oil price going up

Houston we have liftoff

I believe current prices are below oldman koon's entry price (and way below the oldman's average cost)

And there are more facts that about the IPP that hasnt been shared.....

Brent Sept break 80, October 90, November 100

Oldman koon buying ka lelel

All old man koon has is 2015 one year hit every article gotta mention up how many % and that he was a substantial shareholder (probably after getting inside info of results) and that he's a founder of xyz from a bygone era and living in past glory whats a few hundred % over a few years the real pros havent even talk last year was boom boom pow and all the old man got was hengyuan (which he managed to exit) jaks and eversendai where he overextended no need say lol stop playing in a small square aquarium trying to be the big fish then having to con aunty uncle retailers la old man

~20million warrants sold @ RM0.22 damnnn I want some of that deliciousness

43mil shares sold by substantial shareholders Rashid Hussain/Emilahani Yang

The market is saying its not in the same league as the other top players

Successful drill. Over the last couple of years, the O&G industry has gone through difficult times, Hibiscus has not only survived, but through good decision making (e.g. North Sabah), execution, and of course a little luck, have turned around. These people are not just 'prospectors/businessmen' like in the wild west searching for gold, where finding is one thing, and drilling and delivering the products are another. Being able to find is not enough, you must also understand the economics of the upstream sector (drilling and extraction etc) in order to be profitable. And then you must actually execute (drilling programmes etc, and in Anasuria / North Sea's case sometimes in harsh weather) and deliver. So kudos to them

How do you derive the RM7-8mil for the frozen processed foods segment based on 'sensitivity analysis' in part 1 and 2

Nice, keep it up

Lol dont use 'rebound strongly by next quarter' unless youre actually doing their accounts

This article is testament that not all is lost, that not all efforts were in vain, and not all who wander (the dark depths of Bursa Malaysia) have their moral compasses lost

You will be diluted. In other words your % holding in the company will be lower if you do not subscribe.

Sendai will go the way of Sapura

So many corporate developments

There is a lot of detail in their Qtrly reports - must be overseen by an engineer like a true blue engineering company

North Sabah
PBT FY2018 = Forecast average bopd * 360 * (current Qtr operating PBT / barrels sold) [excludes one-off gains]

Anasuria
PBT FY2018 = Forecast average bopd * 360 * preceding Qtr operating PBT / barrels sold)

Assuming crude oil prices, opex and etc remains the same, both of these assets FY2019 PBT ~ RM300 million

Deduct an equivalent tax rate, multiply by a PE of your choice, plus net cash on its balance sheet and you have your value

Dont touch the warrant. It was always close to 0% premium now 20% premium lol

https://farmlead.com/blog/grain-markets-today/august-28-farmer-subsidies-soybeans-prices/

JAKS JV with CPECC for the IPP is 70:30 with the option of increasing the stake, so saying that they own zero equity at the start is not true

There is a very simple and elegant explanation as to why the 'construction profits' are not real, but that is for another day

Nutriplus eggs better than QL eggs

Results season has been largely disappointing...but banks are doing fine...