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

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-08-29 14:57 | Report Abuse

valuelurker also here, many have smelt something

valuelurker Nutriplus eggs better than QL eggs
29/08/2018 11:38

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-08-29 15:04 | Report Abuse

No one can tell, one has to decide the best option for his money. Good luck.

yawcfd

142 posts

Posted by yawcfd > 2018-08-29 15:04 | Report Abuse

a silent wave

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 15:04 | Report Abuse

now sell wait 4.00 pm buy back

csl1991

245 posts

Posted by csl1991 > 2018-08-29 15:28 | Report Abuse

https://af.reuters.com/article/commoditiesNews/idAFL3N1VK22K

Corn prices fall most in feedgrain market as record U.S. crop looms

Posted by moneyfacetrader > 2018-08-29 15:30 | Report Abuse

Buy & keep until joint venture with Nippon Ham (NH Foods) start production.

Nippon Ham, with market cap $4.4 Billion USD, sales $11.45 Billion USD

which is Japan’s largest fresh and frozen food companies and the world’s fourth largest meat producer and 51% owner of NHF Manufacturing (Malaysia) Sdn Bhd.

Believe this will able to improve Lay Hong production efficiency and product range.

https://www.forbes.com/companies/nh-foods/
https://ja.wikipedia.org/wiki/%E6%97%A5%E6%9C%AC%E3%83%8F%E3%83%A0

Posted by golddiggerboy > 2018-08-29 15:41 | Report Abuse

newbie here... may I know why is corn price related to layhong?

scholar

74 posts

Posted by scholar > 2018-08-29 15:43 | Report Abuse

Feed chicken ?

Posted by Unclelimteh > 2018-08-29 15:47 | Report Abuse

maciam petrol price related to car ma.. ini chicken share they feed using corn lo.. susah mau korek cacing punya pasal

Posted by Underdog888 > 2018-08-29 15:50 | Report Abuse

Corn is primary raw material used for livestock feeding.

With corn price reduced, it is good news on behalf of Lay Hong. As this will pretty much reduce raw material cost.

lazycat

899 posts

Posted by lazycat > 2018-08-29 15:54 | Report Abuse

QL takeover LH , OP RM1.05

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:12 | Report Abuse

no fselling look like price will up

somersby

1,881 posts

Posted by somersby > 2018-08-29 16:15 | Report Abuse

layhong boss wake up liao

Posted by cresbinvest > 2018-08-29 16:15 | Report Abuse

QL valuation too high

Posted by cresbinvest > 2018-08-29 16:15 | Report Abuse

buy layhong better

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:18 | Report Abuse

0.575

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:19 | Report Abuse

look like later will close 0.580

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:21 | Report Abuse

really

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:23 | Report Abuse

0.580

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:25 | Report Abuse

0.585

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:26 | Report Abuse

0.590 soon

YF24

1,224 posts

Posted by YF24 > 2018-08-29 16:27 | Report Abuse

I like layhong best stock : )

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:27 | Report Abuse

wa

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:28 | Report Abuse

lucky no cut loss

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:29 | Report Abuse

0.595

Alex™

12,594 posts

Posted by Alex™ > 2018-08-29 16:29 | Report Abuse

gentlemen, fasten your seatbelt

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:30 | Report Abuse

0.600

Alex™

12,594 posts

Posted by Alex™ > 2018-08-29 16:31 | Report Abuse

all so naughty ya, duwan follow 55sen hold call? hehe

Alex™

12,594 posts

Posted by Alex™ > 2018-08-29 16:32 | Report Abuse

why water fish like to buy at 60sen?

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 16:32 | Report Abuse

Sold 59!!! Tq Layhong

YF24

1,224 posts

Posted by YF24 > 2018-08-29 16:33 | Report Abuse

0.60 is best enter price : )
next week 0.75

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-08-29 16:35 | Report Abuse

Kept purchasing last 3 days since last Friday but get nothing today, price rebounded too fast today

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 16:35 | Report Abuse

Take profit 1st bro.. hehehe...

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:36 | Report Abuse

drop back 0.585 up too fast

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-08-29 16:36 | Report Abuse

But personally feel Report from HLB was so unethical & unprofessional, even though it did help to push down the price yesterday.

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 16:37 | Report Abuse

Tomolo u never know one.

Alex™

12,594 posts

Posted by Alex™ > 2018-08-29 16:39 | Report Abuse

eh, so fast turn bearish? apu……… shark belum cukup makan leh….hehe..

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-29 16:41 | Report Abuse

Tomolo Bird flu break out again...how??

Alex™

12,594 posts

Posted by Alex™ > 2018-08-29 16:41 | Report Abuse

today closing sure gooding d, buy today, tmr sell 9am

YF24

1,224 posts

Posted by YF24 > 2018-08-29 16:43 | Report Abuse

淡定有钱剩 : )

csl1991

245 posts

Posted by csl1991 > 2018-08-29 16:45 | Report Abuse

Dropped 50% already. Today just starting to rebound. Sit back and relax.

Posted by Chee Jie > 2018-08-29 16:46 | Report Abuse

Posted by Alex™ >

today closing sure gooding d, buy today, tmr sell 9am

What is reaseonable price u think ?

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:48 | Report Abuse

close 0.585

michaelwong

3,072 posts

Posted by michaelwong > 2018-08-29 16:49 | Report Abuse

Pump the pussy up .

Posted by sellselllsell > 2018-08-29 16:50 | Report Abuse

aiyo if scared then just buy warrant lo lol

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-29 16:51 | Report Abuse

tomorrow can sell some

valuelurker

1,133 posts

Posted by valuelurker > 2018-08-29 16:53 | Report Abuse

Dont touch the warrant. It was always close to 0% premium now 20% premium lol

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-08-29 16:55 | Report Abuse

Many have spoken about the company is in need of cash to serve the borrowings, especially the short-term borrowings.

If anyone can take a time to read the quarterly report @ 30 June 2017, the borrowings were as follows:

Long term borrowings = 42.3million
Short term borrowings = 142million

https://cdn1.i3investor.com/my/files/st88k/9385_LAYHONG/qr/2017-06-30/9385_LAYHONG_QR_2017-06-30_LHB-Q1-FYE2018_1809235038.pdf

---------------------------------------------------------------------------------------------
Compared to quarterly report @ 30 June 2018:

Long term borrowings = 96.5million
Short term borrowings = 153.7million

https://cdn1.i3investor.com/my/files/st88k/9385_LAYHONG/qr/2018-06-30/9385_LAYHONG_QR_2018-06-30_LHB-QR%20Q1-FYE2019_-854503929.pdf

---------------------------------------------------------------------------------------------

Why no one mentioned the company was in need for cash in 2017?

With the same situation, why many guessing now the company is in need of cash for serving its borrowings?

Please take note.

ramada

3,955 posts

Posted by ramada > 2018-08-29 16:55 | Report Abuse

Last few months, I went 99 speedmart. 30' nutriplus eggs only sold at RM9.50. Now I go there again, oh my god! RM11.20.

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