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 2 days ago

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-09-24 12:23 | Report Abuse

Since the prospect of egg business has moved in the favour of the company, the merchant bankers will start to come in to promote & buy again, as usual, the price of mother will continue to go stronger, soon the son will follow the same path.

ramada

3,955 posts

Posted by ramada > 2018-09-24 14:36 | Report Abuse

For the warrants, the highest at RM0.81 and the lowest at RM0.235 within one year time, now at RM0.28.

If you think financial year 2019 would be better than 2018, then you should buy & keep, at least 3-6 months, to earn more than 100% return with the warrants.

Now I can see next quarterly result should be very good, at least can back to normal, with the reason:

a) Cheap corn & soybean prices, which are raw materials for chicken feed.
b) High selling prices of eggs and broilers.

And the new contribution of additional 400 tonnes liquid eggs & 2000 tonnes frozen foods will make 3rd quarter result looks better than previous, starting from October 2018 this year, hopefully.

ramada

3,955 posts

Posted by ramada > 2018-09-24 14:38 | Report Abuse

For more info, you guys can read the articles written by Chicken King.

memorylane

249 posts

Posted by memorylane > 2018-09-24 14:53 | Report Abuse

i tried the cheese chicken tempura last weekend, damn nice and even taste better than mcd nugget... i really see huge potential with layhong downstream processed meat business, specially during the completion of capex cycle with the 2 new factories and improved revenue started...

Maxtrader

216 posts

Posted by Maxtrader > 2018-09-24 15:00 | Report Abuse

Told ya~

Posted by Yu Xuan Teo > 2018-09-24 15:01 | Report Abuse

@maxtrader Wow bro, u r right weh almost brk 0.7 ald

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-09-24 15:05 | Report Abuse

That's moving strong, hope now all are cleared to move up progressively

--------------------------------------------------------------
moneySIFU Short term target = 0.80, next year target = 1.00
That's my 2 cents opinion.
Hope all plans will be executed well. Let's hope for the best.
21/09/2018 20:06

memorylane

249 posts

Posted by memorylane > 2018-09-24 15:06 | Report Abuse

i'm restrict myself to sell now, i confidant layhong will goes back to 90 cents one or two months time after the management has clarify all doubts during AGM this friday...

ramada

3,955 posts

Posted by ramada > 2018-09-24 15:10 | Report Abuse

Short term target = 0.80 is achievable, next catalyst no need to wait until announcement of next quarterly result, but AGM on this friday, just stay tune.

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-09-24 15:14 | Report Abuse

hehe, I always bit of conservative, under-estimate & once rewarded more than expectation, more satisfaction :)

kingcobra

2,772 posts

Posted by kingcobra > 2018-09-24 15:19 | Report Abuse

my earlier statements regarding warrants touching 30 sen next week seems WRONG! THE WARRANTS GONNA TOUCH 30 SEN 2DAY!!!!!!!!!!! very strong indeed!!

moneySIFU

5,862 posts

Posted by moneySIFU > 2018-09-24 15:19 | Report Abuse

After 1 year of sleeping, final got 1 true gem selling cheap because the perfect storm, let's hope for the best

KLCI King

3,220 posts

Posted by KLCI King > 2018-09-24 15:24 | Report Abuse

Well done again, moneySIFU

Posted by smart donkey > 2018-09-24 15:26 | Report Abuse

Two big sifu here, no need worry. KIKIKI.

Posted by moneySIFU > Sep 24, 2018 03:19 PM
After 1 year of sleeping, final got 1 true gem selling cheap because the perfect storm, let's hope for the best.

Posted by KLCI King > Sep 24, 2018 03:24 PM
Well done again, moneySIFU.

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2018-09-24 15:27 | Report Abuse

how to calculate if mother 0.690 then son should what price?

KLCI King

3,220 posts

Posted by KLCI King > 2018-09-24 15:30 | Report Abuse

Hi smart donkey, I am not sifu, I hardly recommend any share, fear of leading people to holland.

But I admire & respect moneySIFU very much, he is a man of his word and he has been consistently done well in his stock selection. Kudos to him!

LEE8888

28 posts

Posted by LEE8888 > 2018-09-24 15:32 | Report Abuse

Buy now, sell low later

Posted by smart donkey > 2018-09-24 15:35 | Report Abuse

Ok. Ok. Let's fly to Las Vegas together. KIKIKI.

somersby

1,881 posts

Posted by somersby > 2018-09-24 15:38 | Report Abuse

Chicken will be phoenix

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2018-09-24 15:40 | Report Abuse

how to calculate if mother 0.690 then son should what price?

anyone can tell me how to calculate? thanks

Posted by smart donkey > 2018-09-24 15:42 | Report Abuse

mother price - exercise price = warrant price

Example:
RM0.69 - RM0.40 = RM0.29

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9385WA

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2018-09-24 15:47 | Report Abuse

smart donkey mother price - exercise price = warrant price

Example:
RM0.69 - RM0.40 = RM0.29

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9...
24/09/2018 15:42

thanks smart donkey

kingcobra

2,772 posts

Posted by kingcobra > 2018-09-24 15:47 | Report Abuse

along thru' long n winding journeys u might encounter some hiccups!

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2018-09-24 16:02 | Report Abuse

son so high volume today....top 5 inside

Posted by EngineeringProfit > 2018-09-24 16:13 | Report Abuse

HUAT ARR

qqq3

13,202 posts

Posted by qqq3 > 2018-09-24 16:26 | Report Abuse

I buy a tray of eggs over the week end.......cost me $ 11.40......I also become Lay Hong buyer after that.

dinobots

45 posts

Posted by dinobots > 2018-09-24 16:46 | Report Abuse

so fast shoot up today... no enough collect yet

Posted by EngineeringProfit > 2018-09-24 16:49 | Report Abuse

longer hatching time......more forceful the hatching......hehe

lazycat

899 posts

Posted by lazycat > 2018-09-24 16:55 | Report Abuse

egg is cheap/good source of protein and healthy fat , eat it half cooked , add some salt and pepper for taste , man after eat will become more studly , woman after eat will get bigger ( o ) ( o ) lololol

Posted by smart donkey > 2018-09-24 20:35 | Report Abuse

Lay Hong must stand firm at $0.70 before moving forward to $0.80. Conservative price target, achievable, achievable. KIKIKI.

Posted by EngineeringProfit > 2018-09-24 20:37 | Report Abuse

Tough time.....

.....eggs become the main source for protein now.....for many

Tsunami

325 posts

Posted by Tsunami > 2018-09-24 21:24 | Report Abuse

Kindly give 5% premium to the warrants. Now the warrants like rare item, very rare to find with the negative premium.

Posted by waterfish23 > 2018-09-24 21:32 | Report Abuse

can still buy..? or i'm too late to the party...

Posted by smart donkey > 2018-09-24 21:37 | Report Abuse

Why not. My price $0.27, now $0.29 only. Better than those who still holding at $0.30-$0.50 and above. KIKIKI.

Posted by tonychuan1994 > 2018-09-24 21:38 | Report Abuse

Bought warrant at 0.250

Posted by smart donkey > 2018-09-24 21:40 | Report Abuse

$0.25 or $0.27 or $0.29, almost the same one. When it back to $0.80... KIKIKI.

somersby

1,881 posts

Posted by somersby > 2018-09-24 21:42 | Report Abuse

i bought 30eggs kampung omega eggs at RM12.40 and normal eggs 10biji at RM4.10, egg sell very fast nowdays

Posted by waterfish23 > 2018-09-24 21:43 | Report Abuse

ok ok... i try to sapu a bit tmr..

cheoky

2,823 posts

Posted by cheoky > 2018-09-24 23:05 | Report Abuse

buy nutriplus eggs/ready to eat food also. consume and being rewarded.

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-09-25 09:41 | Report Abuse

拥抱$0.70 奔向$0.80 期待$0.90 目标$1.00

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2018-09-25 09:44 | Report Abuse

because egg price up and not enough supply then layhong up?

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2018-09-25 09:56 | Report Abuse

this friday agm?

memorylane

249 posts

Posted by memorylane > 2018-09-25 09:58 | Report Abuse

yes this friday AGM... everyone is expecting good news and doubt to be cleared during AGM, thats why the price is gaining momentum to recover back now...

kingcobra

2,772 posts

Posted by kingcobra > 2018-09-25 10:07 | Report Abuse

laying golden eggs since yesterday....watch closely but don't get trap!!!

firehawk

4,783 posts

Posted by firehawk > 2018-09-25 10:17 | Report Abuse

WA is more exciting ... with 0% premium, rise/fall in parity to mother share ....

KLCI King

3,220 posts

Posted by KLCI King > 2018-09-25 10:24 | Report Abuse

Wow, 0.715 now, hold tight

KLCI King

3,220 posts

Posted by KLCI King > 2018-09-25 10:25 | Report Abuse

Look like 0.715 can't hold longer, wave very strong

qqq3

13,202 posts

Posted by qqq3 > 2018-09-25 10:26 | Report Abuse

Posted by qqq3 > Sep 25, 2018 10:25 AM | Report Abuse X

bought Grade A eggs at $ 11.40 over the week end.....shit...normally $ 10.00.....so I come back buy Layhong la.

Posted by AvoidInfluence > 2018-09-25 10:28 | Report Abuse

I bought WA for long term.. maturity oct2021 (3 years), if mother going up non stop until oct 2021, i will sell half of WA and convert the balance..

Joshk

224 posts

Posted by Joshk > 2018-09-25 10:39 | Report Abuse

If you do hold Layhong shares, please for conscience's sake, buy Nutriplus eggs for your daily consumption. You and I need to eat anyway, so we can help Layhong to lay more eggs. Thanks!

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