Posted by AlanNga > 2018-11-27 09:11 | Report Abuse

that is not the point. The point is Yap Hoong Chai knew the very poor results beforehand, but he still sold 40% of his warrants to escape first. Is he a man or pussy?

Posted by Kc Teh > 2018-11-27 09:11 | Report Abuse

chase high sure kena trap again

Posted by firehawk > 2018-11-27 09:12 | Report Abuse

is very good in manipulate share price to con retailers ....

Posted by AlanNga > 2018-11-27 09:16 | Report Abuse

firehawk all of us have been fook-ed by Yap Hoong chai

Posted by steeelman > 2018-11-27 09:16 | Report Abuse

many lesson learnt in this stock..

Posted by darkxfs > 2018-11-27 09:17 | Report Abuse

sell 100k at 0.380 loss money

Posted by WarrenBuffalo > 2018-11-27 09:18 | Report Abuse

LOL ... learned new words from Layhong report. "Early retirement of layers chicken". Retirement of layers chicken mean they get release to the wild? or all get killed?

Posted by Darren Liaw > 2018-11-27 09:20 | Report Abuse

cut loss now or you will regret when later price drop to below 0.15.

Posted by AlanNga > 2018-11-27 09:22 | Report Abuse

WarrenBuffalo maybe Yap Hoong Chai should seek early retirement as he is no longer relevant in this company

Posted by Des07 > 2018-11-27 09:24 | Report Abuse

maybe light at the end of tunnel... I would imagine the investor YHC sold the warrants to had already priced in the Q3 result. time to buy?

Posted by lazycat > 2018-11-27 09:24 | Report Abuse

WarrenBuffalo , old hens retired means one way ticket to slaughterhouse...

Posted by chonghai > 2018-11-27 09:26 | Report Abuse

Put it this way.

Lay Hong did not cook their book. If Lay Hong cook their book you can blame the auditors.
Otherwise blame yourself for believing the "too good to be true story" and high valuation associated with Lay Hong.

If you never learn the lesson, you will make the same mistake over and over again.

You have a decision to make now. Lay Hong is making loss, debt is high, cash level is low, Management is incompetent. Sell or hold ? Again if you hold and Lay Hong drop another 30%, don't blame others.

Typically for manufacturing, line startup will not consume much cash but the additional depreciation will make the P&L looks even worse unless the utilization rate is high.

Posted by jackfruit > 2018-11-27 09:27 | Report Abuse

You people got to understand the stock market is a con man game since the stock market was invented.

Posted by AlanNga > 2018-11-27 09:27 | Report Abuse

lazycat early retirement for YHC means he should show himself to the fucking exit door

Posted by Sebastian Sted Power > 2018-11-27 09:27 | Report Abuse

that early retirement cost 10mil. I also hope to early pencen

Posted by kys8888 > 2018-11-27 09:28 | Report Abuse

already said cannot buy rite.. new operation not yet start but expenses already start

Posted by miker > 2018-11-27 09:29 | Report Abuse

Very bad QR, untrusted BOD. bad egg!

Posted by kys8888 > 2018-11-27 09:29 | Report Abuse

u think the PIIP factory free ke? everyday burn cash to keep it running. expected to be red for few quarter. these PIIP factory is to cater 2020 olympic japan

Posted by AlanNga > 2018-11-27 09:29 | Report Abuse

Sebastian Sted even if no retirement cost of 10mil, still is 7mil loss. Directors said it is due to feed cost. LTKM, Teo Seng, QL make huge profit as feed is bought 3-6 months in advance, but this company? Buy feed from another planet? only their feed cost increase, other poultry company decrease. Not logic

Posted by miker > 2018-11-27 09:29 | Report Abuse

My previous prediction 30 cent still intact....huhuhuhu

Posted by lazycat > 2018-11-27 09:30 | Report Abuse

damn this stupid company , i bought their eggs and nuggets as support , they reward me with knncp red results zzz

Posted by AlanNga > 2018-11-27 09:31 | Report Abuse

miker are you from Lay Hong

Posted by CITADEL > 2018-11-27 09:32 | Report Abuse

lol still above 0.35 ma, okay lar!!

Posted by AlanNga > 2018-11-27 09:32 | Report Abuse

lazycat go Lay Hong HQ throw remaining rotten eggs

Posted by Roy 8 > 2018-11-27 09:33 | Report Abuse

inside trading is an offence?

Posted by miker > 2018-11-27 09:34 | Report Abuse

Posted by AlanNga > Nov 27, 2018 09:31 AM | Report Abuse

miker are you from Lay Hong

I'm just ikan bilis lol. Comparing pieces by pieces to other egg chicken, chicken egg companies in bursa, my conclusion, this is untrusted BOD company lol!

Posted by qqq3 > 2018-11-27 09:35 | Report Abuse

sold half at 38

Posted by AlanNga > 2018-11-27 09:35 | Report Abuse

Roy 8 legally may not be offence for YHC as he is director

but morally he should not have done it. It cause harm for other common shareholders and disgrace for himself

Posted by AlanNga > 2018-11-27 09:38 | Report Abuse

miker you are absolutely correct. The BOD sold 40% of warrants prior to announcement of loss

They even said will convert warrant 6 months ago, but no warrants converted and more warrants was sold.

Untrustable BOD

Posted by AlanNga > 2018-11-27 09:38 | Report Abuse

kys8888 how do you get this info? are you from Lay Hong?

Posted by kys8888 > 2018-11-27 09:40 | Report Abuse

not from lay hong but did some reading. their supermarket in sabah also no good. hutang supplier a lot of months.

Posted by trap666 > 2018-11-27 09:41 | Report Abuse

gone case

Posted by AlanNga > 2018-11-27 09:42 | Report Abuse

kys8888 where you get the info they hutang supplier a lot of months? don't simply spread false news

Posted by kys8888 > 2018-11-27 09:43 | Report Abuse

that one i have friend in KK doing supermarket sales. i asked him before i want to buy so it is accurate. bad paymaster.

Posted by kys8888 > 2018-11-27 09:44 | Report Abuse

if no good means no good. better not to bluff urself and find good in the company

Posted by AlanNga > 2018-11-27 09:44 | Report Abuse

kys8888 why Lay Hong hutang supermarket money? Lay Hong sell egg to supermarket, should be Lay Hong collect money from supermarket? not supermarket collect money from Lay Hong

Posted by AlanNga > 2018-11-27 09:45 | Report Abuse

supermarket should be collect money from customer like you and me

Posted by firehawk > 2018-11-27 09:45 | Report Abuse

not only chicken ... mr. yap also want to put naive retailers retirement .....

Posted by kys8888 > 2018-11-27 09:46 | Report Abuse

do u know the factory in PIIP already up and running? but are they producing yet? they already hired ppl but whether they start production i am not sure. do i have friend working in PIIP lay hong. maybe yes maybe no. i dont want to share with u.

Posted by AlanNga > 2018-11-27 09:47 | Report Abuse

kys8888 sorhai conman lah you. you surely from Lay Hong working like a dog there

Posted by GTMS > 2018-11-27 09:47 | Report Abuse

11mil loss vs 15mil gain o Alan ... haha

Posted by kys8888 > 2018-11-27 09:47 | Report Abuse

pls do ur study 1st in the supermarket side. dont simply read and believe what u see here

Posted by AlanNga > 2018-11-27 09:47 | Report Abuse

firehawk you mean put retailers out of retirement

Posted by AlanNga > 2018-11-27 09:48 | Report Abuse

GTMS you did not read what I write? I got con also

Posted by AlanNga > 2018-11-27 09:48 | Report Abuse

kys8888 what you talking? you sorhai?

Posted by kys8888 > 2018-11-27 09:49 | Report Abuse

pity to those who got burned and bark crazy here

Posted by AlanNga > 2018-11-27 09:50 | Report Abuse

kys8888 you are like Yap Hoong chai, no remorse to victims

Posted by Jaya > 2018-11-27 09:53 | Report Abuse

Who come first the chicken or the egg
Lol

Posted by AlanNga > 2018-11-27 09:54 | Report Abuse

Jaya the dog Yap come first

Posted by kasinathan > 2018-11-27 09:54 | Report Abuse

Next quarter very likely also running loss as Nov is almost over... 2 months in operating loss... Left the month of December alone...