OMGOMG, look at the share price, something has happened, some people knows why and some people doesn't. I am telling you what happened (according to my research).
Nobody has a clue exactly what is the cause of the problem, because operators cleaned up their own mess, also the government is late to arrive at the scene. Officially there are about 10 positive cases scattered around a wide area, and its confirmed H5N1 strain (low pathogenic). (nobody talks about this formally except the medical official said they have enough TAMIFLU for H5N1 epidermic).
But this was two months ago. The director is selling aggressively signals there could be other problems. (think about this, why don't they sell at one go if there was only one problem).
The warrant exercise price is RM0.40. Say the director sell on average 0.25. If you are optimistic, then the director might think it will not be exceeding 0.65 by 2021. If you are pessimistic, then the director might think it will not be exceeding 0.40....
Supersaiyan, about director selling warrant I can't judge what is the reason behind. One thing is the off market warrant he offered even higher at price than the open market price. Someone even willing take off market warrant at higher price than open market. I don't want to judge too.
Secondly if in the worst case its kandang is affected and all the bird is being killed, how much impairment will incurr? The kandang is not big size and is only 50% owned. Impairment can always be declared through different Q in same financial year. You know that this is true as magic accounting will exist.
NH invested at 0.58. My investment is much lower at this price and for size as well. Unless it is declared bankrupt, otherwise current price is attractive for me to accumulate. This is free money and l can hold for longer
Annjoo having one of its furnace breakdown years ago according to news/ rumour. Those heard that was frightened until discarding holding. However, when the following Q result is out, it was proved the fear and worry is unwarranted. Probably if the rumour is true, some mitigation still can can be make by utilising it's inventory stock fair selling to avoid impacting its sales. I'm not sure if the same outcome applicable to LH.
The worst scenario is one time impairment for coming quarter. One time setback and thereafter recover.
I think the biggest question is why the director keep off loading warrants and mother shares for the last 6 months. Heavy selling was done ~1 month before the last quarterly announcement. Seems like the same thing is happening now again. If the Director is confident of the stocks.... he should be buying at such low price instead of disposing!
going forward poultry sector won't be doing good including layhong,big bosses know better than anyone else, they will throw as many as possible till you can't believe it can go such a low price, you buy they sell
i3lurker LTK Omega eggs are the best. I only buy Nutriplus when LTK Omega fully sold out. Same I only buy Gardenia bread when Massimo is sold out. Buy the best unless the best is sold out.
It is me too practice the ways you did, buy the best. Two big thumps up to you ! ! !
u all sohai need to listen properly and dont simply comment. 1 dollar gained is equal to 1 dollar lost. it is normal for xxx to push the price down so that they can collect back the shares they sold at high price around rm 1.00 when u all sohai start buying. I can't comment much here but the top xxx is involve in the process with xxx, profit is share half normally with condition.
dont talk so much cock and sell your share now, buy back at RM 0.20 and wait for the next 5-6 years to go back up again for a 500% gained.
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....
super888
517 posts
Posted by super888 > 2018-10-26 13:21 | Report Abuse
almost all counter ayam habis....