LAY HONG BHD

KLSE (MYR): LAYHONG (9385)

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Last Price

0.365

Today's Change

-0.005 (1.35%)

Day's Change

0.36 - 0.37

Trading Volume

3,091,100


10 people like this.

9,337 comment(s). Last comment by Fundamental Trader 3 days ago

pypysailor

107 posts

Posted by pypysailor > 2018-08-28 00:48 | Report Abuse

@agentsmith123
Agree

somersby

1,881 posts

Posted by somersby > 2018-08-28 06:22 | Report Abuse

Chicken die today

newbie911

1,111 posts

Posted by newbie911 > 2018-08-28 06:52 | Report Abuse

Somersby buy more today or cut loss?

Happy Trader

2,406 posts

Posted by Happy Trader > 2018-08-28 07:17 | Report Abuse

Today please throw the management egg please. Throw until they di3... Insider trading pui! Sell before qr out...

somersby

1,881 posts

Posted by somersby > 2018-08-28 07:54 | Report Abuse

Wait below 55 then buy

somersby

1,881 posts

Posted by somersby > 2018-08-28 07:55 | Report Abuse

Lose so much, y cut lose? Wait for rebound

Posted by Charles_TT > 2018-08-28 07:57 | Report Abuse

Nothing to do with the above, it was due to a guy name , Victor chin. Was told he has disputed with exiting owner and dump all his share and profit taking. Remember ingens, utopia, TMS, all from his art works. He corner the stock earlier after taking over QL block . Then went for share split and bonus. Can you imagine how cheap his share, in order not to make authority suspicion , he hold the share until now and of coz he need to profit taking . Layhong can be good company but fall into wrong hand.

Posted by Charles_TT > 2018-08-28 08:01 | Report Abuse

More stocks Will be affected as this smart Victor has been using layhong share to swap with other stock he was playing . So he will only making profit and let other holdings the stock for him. Most owners are so naive to believe him initially, after a while , 10/10 owner realize they were being cheated but it was too late. Maybe should not said cheated but not smart enough to believe a computer sale men.

Posted by Charles_TT > 2018-08-28 08:01 | Report Abuse

Good luck

Simbo76

8 posts

Posted by Simbo76 > 2018-08-28 08:18 | Report Abuse

The recent strengthening of the US dollars against the Ringgit have caused all imported raw and packing material particularly the feed cost to rise that will impact profitability going forward.

It seems like the management cant do anything with the cost

Debts are a little bit too high and the management decided to cont borrowing to expand their high cost business

Higher revenue with low margin and high finance cost

Not for short term or even long term - opportunity cost

Many gems out fhere in the market

Happy Trader

2,406 posts

Posted by Happy Trader > 2018-08-28 08:20 |

Post removed.Why?

Happy Trader

2,406 posts

Posted by Happy Trader > 2018-08-28 08:20 | Report Abuse

Hope the boss bankrupt and jailed

Alex™

12,594 posts

Posted by Alex™ > 2018-08-28 08:21 | Report Abuse

The share price moves before the result. This is true.

Holland liao.

somersby

1,881 posts

Posted by somersby > 2018-08-28 08:42 | Report Abuse

panic selling, chicken tan c liao

somersby

1,881 posts

Posted by somersby > 2018-08-28 08:50 | Report Abuse

buy ql better

Ron90

4,127 posts

Posted by Ron90 > 2018-08-28 08:51 | Report Abuse

for the past 5 years.. of all the QRs, august was the lowest profit.. so it should have been expected ler..

How come, this year everybody expect august QR sky rocket?.. maybe this cimoany got issue or mayb not, or mayb next month flourish.. i donno.. but 1 thing for sure.. .. latest QR normally lowest of the 4-QR.

pypysailor

107 posts

Posted by pypysailor > 2018-08-28 08:51 | Report Abuse

Based on their cagr. Long holding is ok. I will hold for at least 1 year

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 08:56 | Report Abuse

first trade mybe 0.565

pypysailor

107 posts

Posted by pypysailor > 2018-08-28 08:56 | Report Abuse

RM 11 for Grade A telur

smalltimer

1,501 posts

Posted by smalltimer > 2018-08-28 08:59 | Report Abuse

Telor ayam kg price per share

smalltimer

1,501 posts

Posted by smalltimer > 2018-08-28 09:01 | Report Abuse

Some joker cannot apprehend that festival season is where demand for eggs at its highest

Ron90

4,127 posts

Posted by Ron90 > 2018-08-28 09:03 | Report Abuse

i am not surprice if this week, Sabah announce chicken flu issue solved.. .. this layhoing chicken will fly back...huhu. .. unless i doono there are hidden terible issues which beyond of my lknowledge.

if you guys have any, please share la

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:04 | Report Abuse

buy 0.565 12k sell 0.580 12k hehehe

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:04 | Report Abuse

justnow drop 0.555

86chong

298 posts

Posted by 86chong > 2018-08-28 09:06 | Report Abuse

why this quarter operating cost so high ?

lizz

29 posts

Posted by lizz > 2018-08-28 09:07 | Report Abuse

Profit before tax lower year-on-year mainly due to increase in feed cost, as a result of rising exchange rate.

The recent strengthening of the US dollars against the Ringgit have caused all imported raw and packing material particularly the feed cost to rise that will impact profitability going forward.

**************
I believe most people are angry for management's explanation over lower profit and treat investors like baby.

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2018-08-28 09:10 | Report Abuse

If this QR +2m, next will be much worse.

The expected date of entry could be 1 Dec 2018.

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:18 | Report Abuse

0.585

YF24

1,224 posts

Posted by YF24 > 2018-08-28 09:20 | Report Abuse

淡定有钱剩 : )

pypysailor

107 posts

Posted by pypysailor > 2018-08-28 09:21 | Report Abuse

淡定有钱剩 +1

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:25 | Report Abuse

0.590

somersby

1,881 posts

Posted by somersby > 2018-08-28 09:25 | Report Abuse

C liao c liao, panic selling lai liao

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:26 | Report Abuse

0.595

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:27 | Report Abuse

morning is a trap press price down let you all sell at low price

somersby

1,881 posts

Posted by somersby > 2018-08-28 09:32 | Report Abuse

looks today chicken so healthy

Darren

343 posts

Posted by Darren > 2018-08-28 09:35 | Report Abuse

Plan to go in but the QR not good, mean insider throw out before news release.
Suggest sell on rebound.

Posted by Alvin Low Kin Weng > 2018-08-28 09:35 | Report Abuse

All insider already sell like mother not recognise since 2 weeks ago... Now only sell... Too late lo... Price already factored in

somersby

1,881 posts

Posted by somersby > 2018-08-28 09:36 | Report Abuse

chicken sick again :(

Alex Jun

12 posts

Posted by Alex Jun > 2018-08-28 09:36 | Report Abuse

I believe that many eyes are on this counter and they also agree that current price are undervalued. But due to recent tremendous share price drop they are waiting for rebound to enter. I think it will continue to rebound for a few days.

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:37 | Report Abuse

0.580

siewnam

283 posts

Posted by siewnam > 2018-08-28 09:39 | Report Abuse

rebounding , good sign

csl1991

245 posts

Posted by csl1991 > 2018-08-28 09:42 | Report Abuse

While egg price is low in Q2, it has since increased a lot in Q3. Just compare the prices in supermarkets. Even though USD is strengthening, corn price has dropped a lot in Q3. Check the chart: https://markets.businessinsider.com/commodities/corn-price

With the poor QR out, the expectation of a poor QR has been met and there should be no more negative news moving forward. Ripe for strong rebound.

Alex Jun

12 posts

Posted by Alex Jun > 2018-08-28 09:45 | Report Abuse

Posted by csl1991 > Aug 28, 2018 09:42 AM | Report Abuse

While egg price is low in Q2, it has since increased a lot in Q3. Just compare the prices in supermarkets. Even though USD is strengthening, corn price has dropped a lot in Q3. Check the chart: https://markets.businessinsider.com/commodities/corn-price

With the poor QR out, the expectation of a poor QR has been met and there should be no more negative news moving forward. Ripe for strong rebound.

Totally agree!

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:47 | Report Abuse

some 1 keep sell at 0.585 they sell all they buy at morning ?

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-28 09:51 | Report Abuse

0.570

AlanNga

184 posts

Posted by AlanNga > 2018-08-28 09:56 | Report Abuse

5 mysterious things that happen before Layhong's bad profit result that must be answered

1. Layhong share price starts to fall in middle of July (I was told this is the time the finance department or accountant complete the work of *close the books*). This mysteriously coincideces with the time Layhong's price starts to fall unstopablely. Is this coincidence or not coincidence?

2. I was told Layhong's top 30 disclosed shareholders held 75% of Layhong right before the selling (30 June 2018). The 25% remaining shareholders identity are unknown. Could the 25% shareholders be in the main camp that created the selloff right after the annual report that disclosed the top 30 disclosed shareholders on 30 June 2018 (Selling started on 10 July 2018)

3. Few directors purchase warrants at RM0.50 and sold the warrants at RM0.36 - RM0.40 in a short period of time. This is a strange transaction that have not been answer until now. UOB Bank mention in its report the director wish to raise funds. If the directors wish to raise funds, why buy more warrants at RM0.50 in the first place only to sell it after one week at a loss?

4. Simple spelling errors in Layhong's latest result announcement:

"For the liquid egg business, the commissioning of the equipment in the new plant in Johor is progreesingly as per schedule....."

"....joint venture Company with NH Food Ltd is also on time and is expected to be operational by the 4th quarter of the calender year 2018."

Is the finance manager or accountant preparing to be sack as he or she cannot even spell simple English correctly in an official document?

- progreesingly should be progressingly

- calender should be calendar

- no company called NH Food Ltd. It should be NH Foods Ltd. (Unprofessional accountant that disrespect the joint venture partner by spelling error)

or... is the spelling error done on purpose or an ulterior motive?

5. I was told by an auntie that "devils" have been selling and one day very bad karma will get back to them. Who are the "devils" she is refering to? Auntie refused to tell me

Posted by cresbinvest > 2018-08-28 10:00 | Report Abuse

buy

Posted by jordanmaggie61 > 2018-08-28 10:04 | Report Abuse

This quarter is making very good profits, the best ever!

somersby

1,881 posts

Posted by somersby > 2018-08-28 10:04 | Report Abuse

dont buy yet, not stable

Posted by moneyfacetrader > 2018-08-28 10:07 | Report Abuse

Buy low sell high is the best way to trade.
Higher cost this quarter due to stronger ringgit and high capital expenditure.

But good sign that revenue goes up.

:)) enter and accumulate slowly now, believe will get big Angpow for 2019 CNY!

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