LAY HONG BHD

KLSE (MYR): LAYHONG (9385)

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Last Price

0.365

Today's Change

0.00 (0.00%)

Day's Change

0.365 - 0.37

Trading Volume

215,000


10 people like this.

9,319 comment(s). Last comment by dontgofryingmymoney 1 week ago

WongKuok

65 posts

Posted by WongKuok > 2019-08-06 19:11 | Report Abuse

Call me Ong Huat

villa1668

1,236 posts

Posted by villa1668 > 2019-08-06 21:40 | Report Abuse

Will attend Layhong agm

moneykj

6,144 posts

Posted by moneykj > 2019-08-07 15:18 | Report Abuse

Another London biscuit.
Go for Kanger.

Posted by Maximillioneddy > 2019-08-08 13:53 | Report Abuse

after collecting at the bottom its time to bounce back

Posted by yew7474001 > 2019-08-09 10:11 | Report Abuse

When are the exactly agm date?

Posted by Maximillioneddy > 2019-08-09 10:21 | Report Abuse

27th next month

Posted by HerbertChua > 2019-08-09 16:11 | Report Abuse

Lay Hong’s earnings next quarter is around 16mil.

Production at JV plant is running at full capacity and export sales is doing very well.

Ncm88

1,219 posts

Posted by Ncm88 > 2019-08-09 16:12 | Report Abuse

1.6 million got la

WongKuok

65 posts

Posted by WongKuok > 2019-08-09 17:02 | Report Abuse

Layhong shareholders better change to CCK today closed with Three White Soldiers!! Expected breaking 60 sen soon, meanwhile layhong still in downtrend and possibly reach 30 sen after QR. Be smart investors, make a wise choice!

Posted by imignorant > 2019-08-09 23:09 | Report Abuse

LHI warns of significantly 2q profit. lh will be dead meat.

titus

4,165 posts

Posted by titus > 2019-08-10 11:42 | Report Abuse

Wah lau, leong hup give upfront warning leh. Say coming QR significantly lower. Average Sales up 10% but average selling price down 50%. Next tuesday ho seh liao.

shpg22

2,984 posts

Posted by shpg22 > 2019-08-10 11:52 | Report Abuse

Fair price downgraded to 0.28.

amet2017

3,150 posts

Posted by amet2017 > 2019-08-10 12:00 | Report Abuse

give warning for them insider and adik beladik mau collect low maa.. look what happen to vs..same case maa. later up balik lor..kikiki. old tactic la apek

Posted by Lukesharewalker > 2019-08-10 17:04 | Report Abuse

34.5 next

miker

708 posts

Posted by miker > 2019-08-10 20:41 | Report Abuse

https://www.msn.com/en-my/news/national/vet-dept-to-probe-unsanitary-egg-farm-supplying-to-hypermarket-chain/ar-AAFzVPv?li=BBr8Hnu

Vet Dept to probe ‘unsanitary’ egg farm supplying to hypermarket chain

Mana company pinya ayam......haiyakkk

titus

4,165 posts

Posted by titus > 2019-08-10 23:37 | Report Abuse

Mana company.... the article mentioned the company mk bursa announcement and foundTeo seng make bursa announcement. You say leh.....

value88

711 posts

Posted by value88 > 2019-08-11 14:27 | Report Abuse

LayHong's earnings is not much impacted by broiler prices, just like Leong Hup because LayHong's main products are eggs and processed chicken products.

value88

711 posts

Posted by value88 > 2019-08-11 14:28 | Report Abuse

LayHong's shareholder needs not be too alarmed by Leong Hup's last Friday's earnings warning.

value88

711 posts

Posted by value88 > 2019-08-11 14:28 | Report Abuse

In FY19 (ends in Mar'19), LayHong had the worst year in past 5 years mainly due to RM15mil bird culling in Sabah farm, uptrend in corn and soya bean prices, i.e. feed cost, and operating loss in new JV NH plant.
I foresee the worst is over for LayHong and its performance is almost certain to improve in FY20 (Apr19 - Mar20) due to the following positive factors :
I) No more bird culling loss
ii) Feed cost has reduced due to recent US-China trade war
iii) The new NH Foods operation should turn loss in FY19 to gain in FY20 when new plant's utilisation rate increases and start-up cost reduces.

value88

711 posts

Posted by value88 > 2019-08-11 14:28 | Report Abuse

The elimination of negative factors in FY19 is enough to lift LayHong's FY20 earnings. The worst is over for LayHong and the performance improvement is almost certain in FY20.
The question should be asking is how much YoY improvement we can see in this new fiscal year ? The magnitude of improvement will determine the magnitude of stock price appreciation.

value88

711 posts

Posted by value88 > 2019-08-11 14:31 | Report Abuse

Keep for ~one year (from now till end Mar'20), we should see higher stock price for LayHong in the end of one-year holding period.
The above is of course based on the condition that the world does not slip into recession by escalating trade war, or another bird disease breakout some where in Malaysia.

AdCool

3,864 posts

Posted by AdCool > 2019-08-11 16:20 | Report Abuse

Value88, not everyone wanna invest in long term. hence, for short term traders, do avoid LH for now as the trend is still on downtrend. Come and join the ride when LH has proved its improvement in Nov 2019 results release. For now, go and trade elsewhere cause LH wont give you the quick return and mostly Yeap family will continue to sell down LH especially on the warrants.

ming

2,087 posts

Posted by ming > 2019-08-11 18:57 | Report Abuse

Wait panic time sapu saje..

jenny778

22 posts

Posted by jenny778 > 2019-08-11 22:42 | Report Abuse

go layhong agm lo.... still wait o

Posted by huatahhuat > 2019-08-12 13:29 | Report Abuse

tomorrow morning panic mode.

(S=QR) Philip

4,865 posts

Posted by (S=QR) Philip > 2019-08-12 13:44 | Report Abuse

Hi value88,

How can you foresee that there will not be any repeat of the tragedies of this year? From my knowledge of the tuaran farms in Sabah for LAYHONG,

1. The bird culling loss may reoccur because the farm conditions have not changed at all, no additional health upgrades and controls similar to the QL farms on the other side, meaning all they were doing was culling with no planning for future issues.

2. Feed costs will reduce? I highly doubt it, as LAYHONG doesn't have a feed mill production business, and trade war will cause many unnecessary costs which will affect everyone in different ways.

3. I would wait until the nh operations actually turn a profit before being so confident about something that is currently losing money.


>>>>>>>>>>

Posted by value88 > Aug 11, 2019 2:28 PM | Report Abuse

In FY19 (ends in Mar'19), LayHong had the worst year in past 5 years mainly due to RM15mil bird culling in Sabah farm, uptrend in corn and soya bean prices, i.e. feed cost, and operating loss in new JV NH plant.
I foresee the worst is over for LayHong and its performance is almost certain to improve in FY20 (Apr19 - Mar20) due to the following positive factors :
I) No more bird culling loss
ii) Feed cost has reduced due to recent US-China trade war
iii) The new NH Foods operation should turn loss in FY19 to gain in FY20 when new plant's utilisation rate increases and start-up cost reduces.

stockraider

31,556 posts

Posted by stockraider > 2019-08-12 13:54 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2019-08-12 13:56 | Report Abuse

Posted by Icon8888 > Aug 12, 2019 11:14 AM | Report Abuse

ya, your QL is in this business also

so Herbert's chicken are susceptible to Viruses and yours are not



Posted by (S=QR) Philip > Aug 11, 2019 7:57 AM | Report Abuse

LAYHONG, here are the facts.

Oversupply of DOC and eggs? Facts.
Only one business model? Fact.
Very low margins, high competition? Fact.
Disease and illness ? Fact.
Poor growth history? Fact.
Not market leader? Fact.
Lackluster management? Fact.
No expansion plans? Fact.
Poor share price performance? Fact.

There are so many assumptions to make to predict LAYHONG success, I find it so hard to even try.

jenny778

22 posts

Posted by jenny778 > 2019-08-13 10:01 | Report Abuse

GG. layhong 0.39...

kingcobra

2,772 posts

Posted by kingcobra > 2019-08-13 10:09 | Report Abuse

don't worry...be happy 'cos HERBRYD CHUA gonna help push up the price! he's finding ways for all layhong holders 2 pump in more!!!

Posted by Lukesharewalker > 2019-08-13 10:21 | Report Abuse

Major indication is they declare dividends before QR and directors selling....QR high probability not gonna be good

shpg22

2,984 posts

Posted by shpg22 > 2019-08-13 10:46 | Report Abuse

Everyone eat egg everyday? Fact
Downgrade fair price to 0.24

amet2017

3,150 posts

Posted by amet2017 > 2019-08-13 10:47 | Report Abuse

so eat egg once a month aa? show la how you come out with fair price 0.24? got calculation?

jenny778

22 posts

Posted by jenny778 > 2019-08-13 15:57 | Report Abuse

layhong 0.39.. how ?

Posted by Lukesharewalker > 2019-08-14 23:16 | Report Abuse

Mflour also loss. Beware...

titus

4,165 posts

Posted by titus > 2019-08-15 15:20 | Report Abuse

seem like poultry business very challenging this year. LHI issued a statement on lower revenue on upcoming QR. Mflour releases QR yesterday and glance thru, main losses is from poultry as well. In fact, grain and flour were making money but the profit was canceled out by the loss in the poultry business.

jenny778

22 posts

Posted by jenny778 > 2019-08-16 12:58 | Report Abuse

yesterday stockpick2u live say they will go layhong agm... anyone want to go ?

jenny778

22 posts

Posted by jenny778 > 2019-08-16 12:59 | Report Abuse

mflour.. hmm, chicken price no good, expected loss.. lol

Applepen

709 posts

Posted by Applepen > 2019-08-19 19:32 | Report Abuse

Hello.. everyone

mala173318

1,365 posts

Posted by mala173318 > 2019-08-22 09:48 | Report Abuse

Laying egg now

Posted by Maximillioneddy > 2019-08-22 17:26 | Report Abuse

don't put all your eggs in one basket

mala173318

1,365 posts

Posted by mala173318 > 2019-08-22 17:45 | Report Abuse

Haha

AdCool

3,864 posts

Posted by AdCool > 2019-08-23 17:06 | Report Abuse

last min come back. Must be good results and the price has been depressed for the last 1 month for the owners to acquire more.

mala173318

1,365 posts

Posted by mala173318 > 2019-08-23 17:14 | Report Abuse

Wii yr head

Posted by Lukesharewalker > 2019-08-23 17:21 | Report Abuse

LTKM bad QR too.....not much hope

lambsauce

332 posts

Posted by lambsauce > 2019-08-23 17:38 | Report Abuse

suddenly up so much

Posted by Maximillioneddy > 2019-08-23 18:10 | Report Abuse

Olympic 2020 is coming in less a year be ready to collect.

Johnchew

2,405 posts

Posted by Johnchew > 2019-08-25 05:15 | Report Abuse

Ho ho moneykj is here begging for help...

firehawk

4,783 posts

Posted by firehawk > 2019-08-26 10:58 | Report Abuse

investors press panic button again ....

AdCool

3,864 posts

Posted by AdCool > 2019-08-26 11:18 | Report Abuse

Trade war mah. It's normal.

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