Posted by matt88 > 2019-08-09 15:38 | Report Abuse

normally the stock prices will move up before announcement of good results. For LHI since it is moving down the indication is that the result will not be good.

Posted by Fabien "The Efficient Capital Allocater" > 2019-08-09 15:46 | Report Abuse

might buy some if it drops to 80 sen

Posted by Michael Kwok > 2019-08-09 15:49 | Report Abuse

I think below 80 cent better.Something fishy here.Sometimes account can cook up to make it nice.Its happen.

Posted by Michael Kwok > 2019-08-09 15:52 | Report Abuse

please go and buy oversold counter for long.6 month to 12 month on monthly chart.That people can made 50 percent,100 percent and 200 percent.

Posted by Robinson > 2019-08-09 15:53 | Report Abuse

lol. tashin accompany you

Posted by truly > 2019-08-09 17:08 |

Post removed.Why?

Posted by Eagle_T > 2019-08-09 17:21 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1163253
The Company wishes to inform its shareholders and potential investors that based on the preliminary review of the unaudited financial results of the Company and its subsidiaries (“Group”) for the financial period ended 30 June 2019, the Company expects the Group to record significantly lower profits after taxation for the 2Q2019 in comparison with the 2nd quarter of 2018 (“2Q2018”) due to a significant decline in the average selling prices (“ASP”) in most of the products sold by the Group, particularly in Malaysia, as follows:

The ASP of the Group’s broiler day-old-chicks (“DOC”) in Malaysia in 2Q2019 was RM1.21 per DOC, representing a decline of 38.6% from RM1.97 per DOC in 2Q2018. The selling price of the Group’s broiler DOC in Malaysia declined to as low as RM0.90 per DOC in 2Q2019. In comparison, the lowest selling price of the Group’s broiler DOC in 2Q2018 was RM1.60 per DOC; and
The ASP of the Group’s broiler chicken in Malaysia in 2Q2019 was RM3.99 per kg, representing a decline of 14.7% from RM4.68 per kg in 2Q2018. The selling price of the Group’s broiler chicken in Malaysia declined to as low as RM2.60 per kg in 2Q2019. In comparison, the lowest selling price of the Group’s broiler chicken in 2Q2018 was RM3.90 per kg.
As the Group’s operating costs are relatively stable, the weaker ASP in 2Q2019 will affect the Group’s margins and profitability. As at 5 August 2019, the market prices of broiler DOC and broiler chicken are RM2.00 per DOC and RM5.00 per kg respectively.

The overall sales volume of the Group’s products increased in 2Q2019 compared to 2Q2018. The total sales volume of livestock feed, broiler DOC, broiler chicken and eggs increased in 2Q2019 by 13.9%, 8.1%, 10.7% and 5.9% to 583,665 metric tonnes, 123 million broiler DOC, 31 million broiler chickens and 430 million eggs, respectively, in comparison with 2Q2018. Despite the volume growth, the Group’s profits were affected as a result of the significant decrease in the ASP.

Details of the Group’s financial performance for 2Q2019 will be available when the Company announces its unaudited consolidated financial results for the financial period ended 30 June 2019.

Posted by ming > 2019-08-09 17:33 | Report Abuse

Wat is the purpose for this announcement.. hmm

Posted by somo1 > 2019-08-09 17:38 | Report Abuse

wow! a preliminary review of the 2Q2019 results. Believe not many companies in Bursa are having the practice. Should I praise them for their transparency or heighten my suspicion on the LHI management? With that disclosure, despite technically in an oversold position, believe it could easily plunge below 80 cents.

Posted by bylkw2 > 2019-08-09 18:57 | Report Abuse

lol whats the intention of this preliminary thing

Posted by truly > 2019-08-09 19:01 | Report Abuse

faster sell... this compay soon declare pn17

Posted by birkincollector > 2019-08-09 19:07 | Report Abuse

It means profit warning

Posted by birkincollector > 2019-08-09 19:07 | Report Abuse

Teoseng also die like tat

Posted by Ncm88 > 2019-08-09 19:23 | Report Abuse

SPMstudent buy 0.85, kena roasted next week

Posted by moneylai > 2019-08-09 19:36 | Report Abuse

Next week below 70 sen...

Posted by tm9999 > 2019-08-09 19:49 | Report Abuse

Fcuker company....second time also cheat again.
Mayb boss tp is 0.2...so can privatise again at 0.3.
Then aft 5 years...retailer forget already...can list again.
Cheat third time.

Posted by Robinson > 2019-08-09 19:51 | Report Abuse

lol. listed high delist low

Posted by LuckyG > 2019-08-09 19:53 | Report Abuse

Dammit

Posted by matt88 > 2019-08-09 21:25 | Report Abuse

This stock has been sold heavily since listing. I believe there is insider trading. only insider knows the result will be bad and sold before the announcement. Will SC and Bursa investigate? Someone ought to be sent to jail as an example.

Posted by Haw Liao > 2019-08-09 21:33 | Report Abuse

wahhh...

chicken or egg come 1st...

he get chicken...

give u egg...

telor...

zero...

hahahaa

Posted by Haw Liao > 2019-08-09 21:35 | Report Abuse

see...

never learn...

remember layhong...

sooor....haiiii

hahahaa

Posted by Haw Liao > 2019-08-09 21:36 | Report Abuse

again...

sooor....haiiii

ahahahh

Posted by Jiahui Foo > 2019-08-09 21:36 | Report Abuse

Those anacondas goreng counters for 20 yr oso still can walk freely.......faham2 lah !!!

Posted by cheeyong > 2019-08-09 22:19 | Report Abuse

Opportunity comes..

Posted by smallseller > 2019-08-09 22:24 | Report Abuse

Now yall start selling, the anacondas goin to gobble up and accumulate slowly

Posted by Haw Liao > 2019-08-09 22:27 | Report Abuse

u think this lap sap facebook ahhh...

go down then shoot up...

u wish...

Posted by limko1 > 2019-08-09 22:35 | Report Abuse

Goreng stock of the 90's, now coming back to goreng one more time by the sons. I supposed they have mastered the skills from their father.

But the retails players never learn, fall into the trap one more time.

Posted by Ncm88 > 2019-08-09 22:45 | Report Abuse

Haha goreng downwards !

Posted by Ncm88 > 2019-08-09 22:45 | Report Abuse

Its true the game of chicken !

Posted by Haw Liao > 2019-08-09 22:49 | Report Abuse

i only in 30sen...

margin of safety

ahahahh

Posted by cheeyong > 2019-08-10 00:10 | Report Abuse

It is normal for this types of business..I sell chicken in market..

Posted by cheeyong > 2019-08-10 00:15 | Report Abuse

Chicken business have up and down..
It is normal as long as sales volumes is up..

Posted by ming > 2019-08-10 01:41 | Report Abuse

Business cycle is acceptable..
But listing at this timing + first quarter result terus like that.. i dont think management characteristic is good lo.. BAN lhi

Posted by Jiahui Foo > 2019-08-10 06:20 | Report Abuse

Garden of roses at IPO, now earning warning, wat a good show from Lau & sons. Tp 0.40 !!!

Posted by warchest > 2019-08-10 08:47 | Report Abuse

Pursuant to Paragraphs 9.03 and 9.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, LHI wishes to provide an update on certain preliminary operating data for the fiscal period up to 30 June 2019, i.e. 2nd quarter of 2019 (“2Q2019”).

As disclosed in LHI’s Prospectus dated 25 April 2019, a number of factors affect the Company’s financial condition and results of operations which include, among others, the selling prices of LHI’s products sold on the open market.

The Company wishes to inform its shareholders and potential investors that based on the preliminary review of the unaudited financial results of the Company and its subsidiaries (“Group”) for the financial period ended 30 June 2019, the Company expects the Group to record significantly lower profits after taxation for the 2Q2019 in comparison with the 2nd quarter of 2018 (“2Q2018”) due to a significant decline in the average selling prices (“ASP”) in most of the products sold by the Group, particularly in Malaysia, as follows:

The ASP of the Group’s broiler day-old-chicks (“DOC”) in Malaysia in 2Q2019 was RM1.21 per DOC, representing a decline of 38.6% from RM1.97 per DOC in 2Q2018. The selling price of the Group’s broiler DOC in Malaysia declined to as low as RM0.90 per DOC in 2Q2019. In comparison, the lowest selling price of the Group’s broiler DOC in 2Q2018 was RM1.60 per DOC; and
The ASP of the Group’s broiler chicken in Malaysia in 2Q2019 was RM3.99 per kg, representing a decline of 14.7% from RM4.68 per kg in 2Q2018. The selling price of the Group’s broiler chicken in Malaysia declined to as low as RM2.60 per kg in 2Q2019. In comparison, the lowest selling price of the Group’s broiler chicken in 2Q2018 was RM3.90 per kg.
As the Group’s operating costs are relatively stable, the weaker ASP in 2Q2019 will affect the Group’s margins and profitability. As at 5 August 2019, the market prices of broiler DOC and broiler chicken are RM2.00 per DOC and RM5.00 per kg respectively.

The overall sales volume of the Group’s products increased in 2Q2019 compared to 2Q2018. The total sales volume of livestock feed, broiler DOC, broiler chicken and eggs increased in 2Q2019 by 13.9%, 8.1%, 10.7% and 5.9% to 583,665 metric tonnes, 123 million broiler DOC, 31 million broiler chickens and 430 million eggs, respectively, in comparison with 2Q2018. Despite the volume growth, the Group’s profits were affected as a result of the significant decrease in the ASP.

Details of the Group’s financial performance for 2Q2019 will be available when the Company announces its unaudited consolidated financial results for the financial period ended 30 June 2019.

The press release by the Company dated 9 August 2019 is attached.

This announcement is dated 9 August 2019.

Posted by warchest > 2019-08-10 08:47 | Report Abuse

Tuesday be extra careful!

Posted by richboy > 2019-08-10 10:40 | Report Abuse

Always remember don't buy IPO stocks. The IPO objective is to sell the profits decline company shares to you..if u really want to buy IPO, wait until it drop to the level until his mother also dunno how to regconize then u only start to buy, for example, AAX, LCTITAN, Armada, etc. :))

Posted by shpg22 > 2019-08-10 11:17 | Report Abuse

Company listed with the end objective of delisting later.
Very bad attitude.

Posted by cheeyong > 2019-08-10 12:27 | Report Abuse

Only buy lpo stocks when nobody wanto buy..

Posted by truly > 2019-08-10 15:13 | Report Abuse

tp?

Posted by cheeyong > 2019-08-10 15:31 | Report Abuse

80 cent is ok for me because lhi will give dividend.. I oso buy lctitan ..

Posted by truly > 2019-08-10 15:36 | Report Abuse

cheeyong... can say how much u lose in stock?
if lose like that better you go buy penny stock below 30 cents or quit share put in fd

Posted by Jbfool > 2019-08-10 16:48 | Report Abuse

The earning should be down at least 20-25% if significant is mentioned. These are pure profit. Below 0.76 is a bargain. Don't think it can go back to 1.00 until mid 2020.

Posted by Jbfool > 2019-08-10 16:49 | Report Abuse

Yes. Dividends is for 2018, not for 2019.

Posted by IvanC > 2019-08-10 20:28 | Report Abuse

Base on comparison with TeoSeng & LayHong. LHI fair price should be around 60sen. Good luck to all those LHI Die hard fans.

Posted by chia88 > 2019-08-10 20:28 | Report Abuse

（吉隆坡9日讯）龙合国际（LHI，6633，主板消费股）发出盈利预警，预计今年次季净利将会大跌，因为旗下大多数产品的平均售价皆大减。

Posted by tonychuan1994 > 2019-08-11 13:53 | Report Abuse

Cutting loss on tuesday
Sienz

Posted by truly > 2019-08-11 17:10 | Report Abuse

TP?

Posted by lkoky > 2019-08-11 18:36 | Report Abuse

anthoer LCTITAN

Posted by moven00 > 2019-08-12 00:30 | Report Abuse

Yes. Susah and jangan sesekali berurusan dgan Yang tak berkredibiliti.