QR has improved from a loss last qtr to profit this qtr. Although YoY is - 63%, it has recovered from last year disease affecting its poultry in Sabah and should be showing better results next qtr.
if we can invest in telur..return would be much better hehe.... expect next 1/2019 ..profit would be much better la..since January telur price above 40c..like Brent above $60 + combine with lower USD..
You mean you are happy that layhong is doing 1.8%?
Layhong has 2,419 employees. It does 870 million in sales a year, and the last 4 quarters layhong managed to make a profit of rm2,700,000.00
That is how embarrassing it is.
While egg and poultry prices are at their best, and it is the year end celebrations where everyone is buying chicken and eggs for holidays, when teoseng and others are all doing well.
Layhong is a horribly managed company.
No wonder QL dumped it's 38.8% stake in layhong, in disgust.
This is a disgusting company.
Good luck to all those who bought. You may join Herbert Chua in his monopoly kingdom.
May i know why the QoQ result shows great improvement but yet the share price looks pessimistic? I am currently invested in CCK but i understand that it dropped due to weak QoQ result. Whats happening here? any sifu out there can help me? need to learn more
Most of the company come out with loss QR this time. It's time to collect when it cheap but just beware (always think positive guys), Dow Jones already more than 26000 points, Trade War show good improvement, USD is weakening now, Tun M-LGE-Azmin Ali are trying so hard to make our economy back on track. Just trust on them. We cannot do anything other than pray to God & hope. No more very2 bad news after this (I really2 hope).
because it is quite weird that they reported lost 17mil last quarter, it dips to lowest around 0.35, but now making profit of 6mil, the price only hover at 0.41
>HerbertChua Lay Hong will recover to RM0.58 at least by 31 March 2019.
I have been informed that NH Foods equity accounts Lay Hong. To avoid loss or impairment on equity accounts, the share price must be higher than the cost of investment.
If the share price is below the cost of investment, NH Foods will impair their investment in Lay Hong.
This will not look good on NH Foods as impairment of investment on Lay Hong right before Olympics will be bad for NH Foods
HerbertChua very rich...dont worry...let him do the job
Although not invested here, I think here also will rebound later, quite undervalued thou, but need to wait next quarter. I gonna hold my cck till next quarter
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....
emmcee
39 posts
Posted by emmcee > 2019-02-25 22:11 | Report Abuse
poultry recovery stage...