new investor brought at peak... experience investor brought at rebound... expert investor brought at falling knife hoping a bottom... at the end, we are ended up at bottom together... brought only when the 10ma line pointing sharply upward with strong volume...save our money now..
insider know something wrong in the company and expect the company revenue decrease due the cost of production. There is no fair value for this company.
Yap family overall asset reduced from 214 million to current 88 million. Total 126 million diminished via market when stock price plunge from 0.97 cent to current 0.4 cent. The plunging is terrible.
still buying? big bosses are ready to throw as many as possible to you have warned you earlier coming q result in the red, if you don't listen just too bad lah tp 0.25 nia
For now just trust fundamental. Nothing else. Look at PRESBHD. Everyone in that stock cursing for a month. Today its rebound from 40.5 cents to 54 cents. If market crash people will buy food first. Instant noodle & eggs are the first thing ordinary people will buy & eat first. In Klang Valley Nutriplus is well known brand for egg. Now we must ask ourself why Mr Yap sell his warrants?
eggwhite.. Yes maybe he want the whole Layhong want to bankrupt. Maybe he want to feel PN17 company looks like & straight away to be delisted from KLSE.
2) Result from AGM recently (Negative) 3) Poor Balance Sheet (Negative) 4) Mr Yap sell his warrant (Negative) 5) JV with NH Food Marketing (Positive) 6) Current Price at this moment (Negative but good to whom want collect from the bottom)
Unless fundamental changed or debased, future growth of layhong still intact. The temporary stock price setback don't make mid term & long term investor worry so much. For short term trader, it matter alot. Al the noise created here will have influence on short term trader.
Rumour on culling of 490K broiler due to Tuaran bird flu will have high impairment on net quarter result, ringgit depreciated/feed cost increase, director selling warrant, new issue.... so much negative to scare of...
OMGOMG.. I am short term trader & I will buy any good fundamental stock but down like hell such as MYEG, DSONIC, YONGTAI, PRESBHD & of course LAYHONG. I collect more when its down. We must cutloss immediately when its down half or 1 cent & then we buy back when its show to rebound. Do not chase when its going up but chase when its going down. The critical decision is what price we can buy when its going down. That's a hard & tricky decision..
Not for trading. My first buy after layhong drop to 50+ before shot up to 70c. It is drop back now, Still accumulating at 40 c+ as l see the value of layhong
@OMGOMG Rumour on culling of 490K broiler due to Tuaran bird flu will have high impairment on net quarter result. ---------------------------------------------------------- There is high possibility impairment loss in the coming quarter due to culling of chicken estimate 3mil. Loss of disposal of land 2-3mil (but incoming cash flow of 28mil). 5-6% increase in feed cost compare to previous quarter. Roughly 6mil increase in revenue due to increase in egg price.
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....
Jebard
660 posts
Posted by Jebard > 2018-10-23 16:44 | Report Abuse
O.4 seems good support..way to go