LAY HONG BHD
KLSE (MYR): LAYHONG (9385)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.365
Today's Change
-0.01 (2.67%)
Day's Change
0.365 - 0.375
Trading Volume
831,500
Post a Comment
Market Buzz
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-21 16:40:00
EMA 5
5 Mins
BUY
2024-11-21 15:30:00
EMA 5
5 Mins
SELL
2024-11-21 15:20:00
EMA 5
5 Mins
BUY
2024-11-21 15:15:00
ADX
5 Mins
BUY
2024-11-21 14:45:00
EMA 5
5 Mins
SELL
Apps
Top Articles
1
2
Good Articles to Share
3
4
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
5
AmInvest Research Reports
6
7
save malaysia!
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
BornToSpeculate
465 posts
Posted by BornToSpeculate > 1 month ago | Report Abuse
What producers want is to let the price float and based on previous article in the news that price will go up about 3 cents for eggs. Some say these companies are reliant on subsidies. In order to get everyone to agree to sell at the current low egg prices, govt has to give them subsidies and this is done to reduce inflation.
When they took away subsidies for chicken and increased the ceiling price by RM1 to rm9.4, LHI profits more than doubled. Cant comment on CAB as they are not market leader or most efficient player. If you check chicken prices have come down from Nov last year which was the peak but you have to take note of a few things.
1) this is avg price we are talking about. if your product premium, u sell higher and earn higher margins
2) raw material is in their favor so the other players could be selling lower as margins
Layhong and Teoseng are the biggest egg producers