He's trying to tell you CAB (whose share price went up today) has a farm in Indonesia which will be affected and the chickens will drown and no eggs produced and LH (whose share price went down today) will swoop in to save the day so Monday CAB down, LH up liddat also dunno ka
new food processing plant will start operate coming week. with ADDITIONAL initial production 1200 MT/month....
(just as comparison, previously layhong food processing capacity is 1000MT/month, which previously contribute about 50% revenue of layhong, with this new factory started operate we should see revenue growth exponentially coming quarter)
1) New food processing factory start operate coming week. Target production 2000MT/month, ultimate production target is 4000MT/month.
2) to mitigate the effect of RM depreciation, company is adopting several approach: to focus on functional egg, to increase liquid egg production (higher margin, new factory will be ready on Dec), and to adjust the % of the feed combination (soy + corn) depends on the cost.
3) Retails business already turn to profit from lost, profit will continue in forecast.
He didnt sold it in the market means he don wanna affect the market price. Means the director don wan the price to go down oso. So from here we can know tat there shouldnt be any big problem in the company
haiz... i guess is because mr.Yap mention that the feed price due to RM potentially increase next 6 months and will impact coming quarter result. Lots of speculator just see short term and don't bother about the long term growth. no worry for long term holder, price will rebounce soon after speculator finish selling their position...
Rising crude oil px will stabilize our currency as we r oil exporter. Malaysia will be benefited if high oil px is sustainable. We shall see bull or positive mkt outlook in November. I believe layhong will be trading above rm1 in 2019..
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....
somersby
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Posted by somersby > 2018-09-28 23:05 | Report Abuse
tsunami attack again in palu indonesia