CMCO in Selangor, telor price gonna increase, more demand for eggs. People will lepak at mamak more now. Potential to hit RM0.50 and break previous high.
resistance level around 0.35, already broken went to 0.37 previously. Now just waiting game for retailers to masuk. laying performance recent quarter is not bad considering mco and all. Now cmco announced in most states, better performance can be expected. Even other chicken counters are moving.
seems like your the only one kena tipu by mr yap while the others are smart and are earning money. full with chicken nugget and tendies dy or not? if not go buy more ayam goreng.
I think it will not take long Layhong will be back to pre-pandemic price of 0.43. Everybody already eager to "jalan-jalan cari makan" with the annoucement of CMCO.
Dont worry, fasting month is next month, Muslim start preparing Raya Cookies from now on, sure i will buy now and keep it until raya which same month as vaccines
Nevermind, Kick out weak retailer, dont worry, based on reputable company fundamental, and institution holdings such QL, EPF, TH, this branded egg (Nutriplus) will bring to another TP, RM 0.430 based on valuation RM 0.50
Layhong share price ever be at RM10 in year 2016 before share split + bonus issue.
Management so far has been doing good in the past many years even during pandemic time. Latest QR profit yoy increased by 98.8% which was a tremendous result.
Current NTA 0.52 which is the highest in the past 4 years which mean company liabilities are getting lesser and reputation start increasing.
Apart from that, after some major states start unlocked from MCO, we shall expect more demand of eggs and chicken from public.
Anyway, TP RM0.80-0.90 which I think is acceptable. This is not a buy call ya, don't call SC to catch me, I am just sharing my 2cents thought ;)
Good good. Tell many time. Dont look after buy. Only coming when heard news layhong top ten up in bursa. Kihkihkih. Those look monitor every now and then will loose ball when see people throw. Kah !
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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....
Anisdesanika
1,235 posts
Posted by Anisdesanika > 2021-03-02 16:10 | Report Abuse
should i buy back?At least can hold until raya.