Well, i gave you a brief calculation and it turns out to be quite close to the real situation.
To be exact, +10-25=-15. How difficult is that?
Why don't you listen to me, is it because my name is difficult to spell or what? lol
I did tell you a good timing would be after this quarterly report. Wait for it to drop a bit first. Again, there is still possibility of a cash call, so don't sailang.
By then, I will buy some too.
P.S. Don't forget to get Herbert Chua or Alan Nga or whatever spreading fake news.
To be fair, that is so-called natural disaster. Sabah, and Borneo as a whole is free of many diseases, this is the first time and probably infected by a neighbouring farm. I admire the management's bold decision to handle things smoothly.
If Herbert Chua or Alan Nga is the management, probably he will blame shareholders for bringing bad luck. Lol
If market can't accept nutriplus processed chicken product or competitive is stiff or market is over supplied, no use for layhong to even have NH joint's product. Unless it can find more oversea market.
i3Value, do you have knowledge why there is huge return of deteriorated processed chicken product in just announced quarter result. I hardly recall any similar case in past Layhong quarter result. It 's really intriguing most of us here.
You could have sold your shares before the bad result too couldnt you? Don't say you were expecting this QR to be good with high feed costs and the depreciating Ringgit
Oh well, Its a small positions but still, i should still reflect on it.
Having said that, i wasn't expecting a revenue drop. And i figured thr higher egg prices should counteract the feed cost etc.
Having said that, the real pull for this business is the NHfood stuff, which tbh, does not offer good value in malaysian markets. Its not cheap.
But export. We'll see i guess.
A good argument can be made for me to sell and buy something else. But I think its cheap enough to just keep the warrants, and potentially buy more if it drops 30-40%.
This year, my decision making improved. But still make unforced errors due to greed or sheer sloppiness. You live you learn.
Yap Hoong Chai = sold 40% of lay hong warrants before bad result of loss All shareholders = absorb 40% of lay hong warrants sold by a human trash before bad result of loss
It is very fair la layhong now selling at 0.44sen , now super market 1egg only sell 0.35sen , lay hong 0.44sen still premium la , Alan Nga I feel you bought very much in layhong , you should call KC to help you.
Yap Hoong Chai sold 40% of Lay Hong warrants before bad quarter result was out The 40% was bought by all of you victim shareholders! am i the bad guy or Yap is the bad guy! dont be blind!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
OMGOMG
153 posts
Posted by OMGOMG > 2018-11-26 20:20 | Report Abuse
Never heard about this in quarter report in before....now it is turned out.