i) Yap Hoong Chai and Yap Chor How sold 40% of warrants prior to the very poor results. They must have known the results before as they are insiders of the company. UOBKayHian said that both this Klang fellow sell because want to raise fund to convert warrants. Until now, not even a single warrant converted but he continue to sell after he tell UOBKayHian! Is this day light robbery?!
ii) This quarter they blame 8% rise in feed cost. They must be buying feed from another planet. LTKM, Teo Seng and QL all reported huge profit due to low feed cost. Is Lay Hong the only stupid company that is buying feed cost so expensive? Feed is bought 3 - 6 months in advance, feed cost was lowest 3 - 6 months before the quarter.
iv) Brought his son to meet QL's Chia to talk about fook and respect. Based on the Star article, he told QL's Chia not to diminish his own fook and undermine own respect by doing something morally wrong. Is he from Kuan Kong's planet? This Klang fellow diminish his own fook and respect by selling 40% of warrants prior to announcement of very poor results. Who has lost respect? You or QL?
Yes, all the affected investors, please write & complain to SC & MSWG. Let them to investigate why there is no announcement made by Layhong to alert investors on the bird flu issue that affected one of it farm in Sabah.
The affected farm is STF. IF the impacted farm has material impact of Layhong asset, then probably we have the case to file complaint against Layhong management for not disclose any material impact due to bird flu.
Anyone understand what the fook is Mr Yap Chor How saying in this video? Anyone notice between 0:26 - 0:28? It looks like there is a moment where he suddenly.................
Go buy few ton Layhong egg throw to yap face, yap now is drinking his favourable red wink and hug his vitenam girl . And you guy only can suffering here
The future of layhong is full of challenge. The layhong is like a chicken with one leg crippled while other leg stand still. The path move forward is difficult with low visibility but still have a ray of sunlight atop.
OMGOMG, all we need to do is remove Yap from Lay Hong. We all can accumulate enough shares, convince NH Foods to vote with us, then we can remove Yap with 28% ownership. Since Yap is so stupid to sell his 40% warrants, all of us can even buy more warrants to convert so we can achieve higher ownership %. Once we remove Yap in EGM, we can try to convince QL to takeover Lay Hong while retaining listing status
CITADEL, does not matter how much I got. This is Malaysia baru. If we can change government, we can definitely change the management of this company. We all must do it together, for the better of our children's future, we cannot let a bad management destroy the healthy egg and chicken products that we all Malaysian eat. We must fight to preserve it
I admire your enthusiasm. However, unless you can prove that Mr Yap had really done something wrong, i think the outcome of your actions might not deliver the expected result that you wanted.
I doubt you can force mr Yap to sell his shares in the company. I don't think QL is still interested after their attempt back in 2014. I think Mr yap selling off his warrants is due to forced circumstances. The warrants' accounts are all pledge accounts which means its highly likely that they are all margin accounts. I think he is selling just so that he can managed his margins level.
What worries me is that your actions might actually has adverse or negative impacts to the share price as some shareholders might get worried (they might have doubts on the company's corporate governance for example) and start dumping the shares. And if my thesis is right, if share price goes down again below the next support level, some of those that are holding this stocks based on margins might be forced to sell again (mr yap included) and bringing down the price even further.
I think it is better for u to reanalyse back the conpany's fundemental and then decides whether to hold on to it or find better stocks that fit your investment objectives and horizon.
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....
AlanNga
184 posts
Posted by AlanNga > 2018-11-27 14:50 | Report Abuse
I am not the bad guy here.
the bad guy is the person that sold 40% warrant prior to announcement of very poor results
the victims are all of you and me