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

Posted by Underdog888 > 2018-08-29 10:07 | Report Abuse

Bought early in the morning!

Already ask my kakak to buy and cook only Nutriplus eggs nuggets fried chicken sausage!

Hahahaha.

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 10:08 | Report Abuse

0.560

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 10:09 | Report Abuse

0.565

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 10:10 | Report Abuse

wait first i got some buy at 0.660

dingyuan

52 posts

Posted by dingyuan > 2018-08-29 10:10 | Report Abuse

darkxfs you become automated price telling system already

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 10:12 | Report Abuse

sell some at 0.560

csl1991

245 posts

Posted by csl1991 > 2018-08-29 10:12 | Report Abuse

https://markets.businessinsider.com/commodities/corn-price

Look at the graph for corn price. It has fallen in Q3 and expected to ease the cost pressure. Egg price also increased a lot in Q3 compared to Q2. This is confirmed by the management itself where oversupply situation in Q2 has been addressed in Q3. Shop around and you will notice egg price has gone up.

Worst is over. Short-term rebound TP rm0.70.

kchia

172 posts

Posted by kchia > 2018-08-29 10:12 | Report Abuse

happy. bought rm0.53 yesterday. it is clear that support at around 0.52+/- kakakakaka. wait 0.6++ i will sell to get 5 years free supply of nutriplus. kakakakak

dingyuan

52 posts

Posted by dingyuan > 2018-08-29 10:17 | Report Abuse

i already sell and get 1 year free Nutriplus

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 10:18 | Report Abuse

sold already

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 10:23 | Report Abuse

i left 71k all buy at high price

GTdyno

124 posts

Posted by GTdyno > 2018-08-29 10:25 | Report Abuse

Trap?

Posted by jordanmaggie61 > 2018-08-29 10:36 | Report Abuse

Time to collect profit, hehehe thanksss

Posted by Underdog888 > 2018-08-29 10:42 | Report Abuse

Haiya need to expand new plant and new broiler stock farms of course need to take up more loan la.

I buy moved from condo to landed house also took more loan what.

Refers to 2018 Annual Report.
Layhong Total Asset: 800million
Revenue: 800million
Profit after tax: 40million

For me it is healthy expansion plan.

csl1991

245 posts

Posted by csl1991 > 2018-08-29 10:49 | Report Abuse

@ramada True that Lay Hong has RM250mil debt and I agree it's a bit on the high side. However, the quarterly report clearly says the short-term borrowing mostly comprises of banker's acceptance used to purchase biological assets and inventories, ie. chicken and raw materials. They are currently expanding and have to borrow money to buy all these things.

On long-term borrowing, they are term loans used to finance the construction of layer farms and broiler farms. As what Underdog888 has pointed out, these are all good debts used to finance business expansion. The company knows that rights issue, bonus issue etc are bad for shareholder's value as thus chose to get debt.

Also, RM250mil shouldn't be compared side-by-side to the cash in hand. Quarterly finance cost is around RM3mil. So long Lay Hong recovers in the coming quarter and earns average of RM10mil, the payment of finance cost is not a problem.

Posted by moneyfacetrader > 2018-08-29 10:49 | Report Abuse

today onwards everyday morning half boiled omega nutriplus dua biji for me as a gesture of support.

:-)

Offred

11 posts

Posted by Offred > 2018-08-29 10:58 | Report Abuse

ramada, do you mind sharing with us where did you read the news that the management would like to have rights issue? Couldn't find the link. Thanks.

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 11:03 | Report Abuse

0.570

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 11:04 | Report Abuse

wow

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 11:04 | Report Abuse

70 sen??

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 11:09 | Report Abuse

0.575

somersby

1,881 posts

Posted by somersby > 2018-08-29 11:10 | Report Abuse

Buy now

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 11:12 | Report Abuse

ok2..BUY..BUY!!

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 11:12 | Report Abuse

No more bird flue??

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-29 11:13 | Report Abuse

Keep going, up up up !

Posted by Maurice1688 > 2018-08-29 11:13 | Report Abuse

somersby are u ok suddenly call sell suddenly call buy

Bryon Loy

42 posts

Posted by Bryon Loy > 2018-08-29 11:15 |

Post removed.Why?

YF24

1,224 posts

Posted by YF24 > 2018-08-29 11:18 | Report Abuse

fxxck y up so fast pls don't go 0.60 today : ) 0.595 enough

Posted by Underdog888 > 2018-08-29 11:23 | Report Abuse

Haiyaaaaaa should have buy more yesterday!!!!

YF24

1,224 posts

Posted by YF24 > 2018-08-29 11:26 | Report Abuse

Nevermind 0.90 soon : )

valuelurker

1,133 posts

Posted by valuelurker > 2018-08-29 11:38 | Report Abuse

Nutriplus eggs better than QL eggs

Posted by Alvin Low Kin Weng > 2018-08-29 11:41 | Report Abuse

Going for technical rebound now

Posted by sellselllsell > 2018-08-29 11:50 | Report Abuse

this forum so funny, ytd everyone curse up curse down say want kill the director, today all happy happy.

BberndD

46 posts

Posted by BberndD > 2018-08-29 11:52 | Report Abuse

Dont listen to others la. Listen to yourself or u are a bad traders.

Posted by golddiggerboy > 2018-08-29 11:57 | Report Abuse

Seems like a good time to enter at technical rebound.
Bought at 0.565.

Hello Nutriplus family....

CITADEL

1,867 posts

Posted by CITADEL > 2018-08-29 12:04 | Report Abuse

haha suddenly all so happy a?2molo continue to drop then u curse again?

CITADEL

1,867 posts

Posted by CITADEL > 2018-08-29 12:07 | Report Abuse

this is third round i gain from layhong, these so-called "shareholder" is so funny

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 12:10 | Report Abuse

later 4.00pm fselling

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 12:10 | Report Abuse

wait drop then buy back

Alex™

12,594 posts

Posted by Alex™ > 2018-08-29 12:12 | Report Abuse

Don't worry, told u d alex fun manager coming

CITADEL

1,867 posts

Posted by CITADEL > 2018-08-29 12:12 | Report Abuse

that Alannga loss money until jadi insane

jibbie

762 posts

Posted by jibbie > 2018-08-29 13:24 | Report Abuse

today up so much. not sure can sustain

Posted by vblack84 > 2018-08-29 13:36 | Report Abuse

good price to enter now?

Affnan

6 posts

Posted by Affnan > 2018-08-29 14:05 | Report Abuse

Finally, some light at end of tunnel :) Holding quite a chunk of my portfolio.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-08-29 14:14 | Report Abuse

wahahhaha
Congratulations
thanks Layhong
LAY HONG BHD is easy money just buy and keep

As I said b4 buy when people panic sell
LAY HONG BHD why is a comfirm up company
because LAY HONG BHD biz not many competitors ex Banks got too many banks in Malayis a
Oil counters got damn damn too many oil counters like daya and so on
steel couters also f manymanty many in Malaysia ,

So I said LAY HONG BHD is good because like monopoly company in Malaysia same as Sign \

So I confirm and 100% comfirm LAY HONG BHD can up back
Yes

somersby

1,881 posts

Posted by somersby > 2018-08-29 14:29 | Report Abuse

Chicken eat viagra today

bjgdila123

3,470 posts

Posted by bjgdila123 > 2018-08-29 14:48 | Report Abuse

SAPU SAPU

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-08-29 14:55 | Report Abuse

I thought it will stay low for today, sad

Posted by Unclelimteh > 2018-08-29 14:56 | Report Abuse

sorry to somerby, u dont have below 50sen to kutip

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