Lay Hong is focusing on premium eggs not normal table eggs. Yesterday I was in Aeon and saw the Nutriplus brands were selling for RM5.40 - RM5.60 for 10 eggs. I bought the same Nutriplus from 99 speedmart last month for 4.95. Tesco is now selling for RM5.20 - 5.40 for omega 3 and selenium M size.The egg price indeed has increased.
Goinvest88, thanks for sharing. I have checked on a few area across selangor and perak district but didn't notice of any broken sausage pack issue. I suspect some of deteriorated processed chicken product may also include Nippon Premium Nutriplus's processed chicken product which seek high premium.
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Teoseng & LTKM will enjoy good harvest for coming quarter. Retail Table grade A egg price is now 42 cent in Perak, 48 cent in Penang..... other state may be in this range too.
price of eggs and chicken both increasing... if small farmers close shop, than only the big players will survive and has the economic of scale, to control the market.
Just saw layhong staff doing promotion over their tasting booth counter in AEAON. Nippon premium nutriplus product is one of display list. Look Layhong is working hard toward boosting their product selling.
Tasted all their product...from nutriplus fried chicken, nugget, sausage, omega egg and Nippon premium product. No bias , their product quality and taste really not bad.
Last two quarters were with high feed cost. If not mistaken layhong hedge their feed stock for 5 to 6 months. The coming quarter feed stock should be based on new hedge with lower feed cost. If this is true, their egg production should achieve high profit with no doubt.
Retail grade A egg price increases 1 cent more to 43 in Perak, while Penang is 49 cent. Standard retail chicken price per kg also increases alot recently.
Egg from Thailand & Indonesian is much much more expensive than Malaysia. President of Federation of Livestock Farmers’ Associations of Malaysia is not stupid at all in proposing to open up egg & broiler market to foreign producer.
Read news from Indonesia on Malaysia egg price VS Indoenesia
if sales so good then how come latest result so many impairment on return processed food?
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AdCool
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Posted by AdCool > 2018-12-07 11:23 | Report Abuse
Lay Hong is focusing on premium eggs not normal table eggs. Yesterday I was in Aeon and saw the Nutriplus brands were selling for RM5.40 - RM5.60 for 10 eggs. I bought the same Nutriplus from 99 speedmart last month for 4.95. Tesco is now selling for RM5.20 - 5.40 for omega 3 and selenium M size.The egg price indeed has increased.