Posted by smalltimer > 2018-09-01 08:49 | Report Abuse

https://www.thestar.com.my/metro/metro-news/2017/09/16/local-maize-can-save-country-billions-of-ringgit-largescale-corn-farming-will-eliminate-import-cost/.
How much local produce of corn is used?

Posted by VenFx > 2018-09-01 08:53 | Report Abuse

Wow ! Very fast job. Big Like :)

Posted by EngineeringProfit > 2018-09-01 08:54 | Report Abuse

(clap.......)

Posted by ramada > 2018-09-01 09:12 | Report Abuse

NH Foods Ltd. holding 20.28% of mother shares & 25.5% of warrants. Only Yap family keep disposing warrants.

They r totally disposing 40,679,800 warrants through open market. Let's say average price of warrant RM0.30, then they get RM12,203,940 of cash.

How many warrants have been sold by NH Foods Ltd? NIL.

Posted by cheoky > 2018-09-01 11:29 | Report Abuse

To play in layhong, more pertinent question is what is next move of Mr Yap. Cos 6months down the road, people still can foresee another next 6months feed impact on layhong btm line. If unfortunately that time if unfavorable, even with good q4. We still make nothing right?

Posted by cubic7117 > 2018-09-01 11:35 | Report Abuse

Good Job

Posted by value88 > 2018-09-01 12:01 | Report Abuse

Chicken King, I think feed cost is another main reason affecting LayHong's earning in Apr-Jun'18 quarter. The feed cost will continue to impact LayHong in next 2 quarters and hope the higher eggs price can mitigate the negative impact. All in all, I think LayHong's next quarter earnings should improve QoQ but lower YoY.

Posted by value88 > 2018-09-01 12:03 | Report Abuse

Chicken King, I have one question :
In Jan-Mar quarter, LayHong's "other income" was RM13.2mil and that boosted its Q4FY18's earnings. Do you know what that other income is and why so high ? Thanks in advance for your sharing.

Posted by VenFx > 2018-09-01 13:47 | Report Abuse

Sir, Chicken King

Pls scan for the sensitivity profit contribution from 大红's Frozen Food Processing increased by every 5% of segment revenue.

As i trust this segment will anticipate far better margin of 10% apprx. If I'm correctly.

Tq !

Posted by Administrator > 2018-09-01 14:16 | Report Abuse

Nice! Part 3

Posted by InvertInvestment > 2018-09-01 16:25 | Report Abuse

Thanks for sharing, keep em coming!

Posted by winnerz > 2018-09-01 22:10 | Report Abuse

Bro, thx for sharing. The pic above has painted over perfectly. U've missed out the depreciation of MYR against USD which is 1 of the key risks.

Posted by Goinvest88 > 2018-09-01 23:14 | Report Abuse

Value88, for other income, you may refer to Annual report p.122, mainly project management fee, reversal of impairment a/c receivable which are one-off income, rental income, etc
=============
value88 Chicken King, I have one question :
In Jan-Mar quarter, LayHong's "other income" was RM13.2mil and that boosted its Q4FY18's earnings. Do you know what that other income is and why so high ? Thanks in advance for your sharing.

Posted by ngcheric > 2018-09-02 15:24 | Report Abuse

Goinvest88, you might wanted to use the usage of corn at 55% and soya at 15% for your study.

Posted by VenFx > 2018-09-02 15:41 | Report Abuse

Where goes the remainin 30% ?

Posted by ramada > 2018-09-02 16:06 | Report Abuse

Normally, composition of the broiler feed should be 2:1, 2 for corn and 1 for soy meal, not soybean. See table2 to table5.
http://www.scielo.br/pdf/rbca/v12n1/v12n1a06.pdf

You can find the latest future prices of corn & soy meal here.
https://www.cnbc.com/agriculture/

Posted by VenFx > 2018-09-02 16:15 | Report Abuse

Oh... make more sense now