Posted by i3lurker > 2020-05-19 20:02 | Report Abuse

its normal
as eggs prices rise product substitution will take place

sometimes beef, lamb or salmon is cheaper coz you dun buy water

Posted by Philip ( buy what you understand) > 2020-05-19 22:47 | Report Abuse

It's funny how everyone just say high pe company is based low PE company is good. In the end QL and Topglove superhigh pe companies end being the most reliable in the market. Investors should learn how to value businesses not play with stocks.

Posted by qqq33333333 > 2020-05-19 23:05 | Report Abuse

ASP of products dropped......market was correct ...

Posted by Jeffreyteck > 2020-05-20 08:29 | Report Abuse

How many companies profit up after listing? Obviously market is a good exit place for the original SHs.

Posted by EatCoconutCanWin > 2020-05-20 09:01 | Report Abuse

good result compare to teoseng. Hold it.

Posted by eyeonyou > 2020-05-20 09:49 | Report Abuse

TP 0.7

Posted by RainT > 2020-05-20 11:12 | Report Abuse

why this one not gap down?

profit drop 65% oh

Posted by RainT > 2020-05-20 11:12 | Report Abuse

I want mega sales to buy more

Posted by RainT > 2020-05-20 11:16 | Report Abuse

QL & TOPGLOV is different story

the high PE is due to from time to time the share price is up lots more than the EPS, so PE is high

important is can the EPS of the company go up in future

if yes, high PE is justifable as share price is normally market expectation on the company

if high PE & future EPS is cannot go up then is bad company

Posted by RainT > 2020-05-20 11:18 | Report Abuse

i not understand those who rush to buy in during IPO price

now is almost half of IPO price

why these people can throw money in to sea??

Posted by Eric963708 > 2020-05-20 11:22 | Report Abuse

many ppl say poultry share was 老千股，i don't know right or wrong not, not only this counter other as well

Posted by i3lurker > 2020-05-20 11:25 | Report Abuse

Just few months ago before MCO I already put 2 cartons of eggs RM5.50 per carton in my shopping basket

Then I saw Australian lamb grain fed selling at only RM6.50 per packet

immediately I sapu all those few packets, not many left

reverse and put back the 2 cartons of eggs back to shelf

ha ha ha. I suspect many people think like me

Posted by myluck > 2020-05-20 22:43 | Report Abuse

During MCO, I support eat egg everyday, and egg price also up 20%. But why this share keep dropping fr IPO?

Posted by chopstick > 2020-05-20 23:07 | Report Abuse

becos u miss thailand n vietnam. eggs
l

Posted by Plantermen > 2020-05-20 23:14 | Report Abuse

CP group in Thailand is very very big. They buy over Tesco operations in Malaysia and Singapore. VERY soon Tesco will be selling only CP eggs

Posted by linheng > 2020-05-21 06:56 | Report Abuse

1st Quater up to 31st March. MCO start 18 March. 13days of MCO and the result so badly affected.
2nd Q is full MCO. Kaput

Posted by firehawk > 2020-05-21 07:08 | Report Abuse

yes! MCO is a v good excuse for next Q !

Posted by i3lurker > 2020-05-21 07:12 | Report Abuse

agree

will be taken private again
but this time dunno how much, maybe at 10 sen?

Posted by Plantermen > May 20, 2020 11:14 PM | Report Abuse
CP group in Thailand is very very big. They buy over Tesco operations in Malaysia and Singapore. VERY soon Tesco will be selling only CP eggs

Posted by RainT > 2020-05-21 10:24 | Report Abuse

How come this LHI bad result still share price go up?

i want buy mega sales

Posted by RainT > 2020-05-21 10:24 | Report Abuse

means all the bad news already taken in share price

Posted by eyeonyou > 2020-05-21 14:04 | Report Abuse

Raya holiday this week, demand will increase

Posted by eyeonyou > 2020-05-21 14:43 | Report Abuse

demand are always there, during festive plus MCO, no reason for not shooting up. will go higher than 0.66

Posted by TopEarn1 > 2020-05-21 21:24 | Report Abuse

among peers MFlour, LTKM, Teoseng.... LHI is really the standout among all.

Posted by eyeonyou > 2020-05-22 09:24 | Report Abuse

Good price to go in now

Posted by RainT > 2020-05-26 12:02 | Report Abuse

@topearn1

why LHI is the standout among all? can share opinion?

Posted by RainT > 2020-05-26 12:02 | Report Abuse

waiting for dips to buy more

Posted by TopEarn1 > 2020-05-26 19:49 | Report Abuse

They are much more resilient to bad times compared to other peers.

Posted by eyeonyou > 2020-05-28 10:29 | Report Abuse

stable counter good to hold, Price will go up soon as demand will only go up

Posted by bootroop > 2020-05-28 14:36 | Report Abuse

Dun worry abt the privatization, as usual it will go IPO again soon lol

Posted by Philip ( buy what you understand) > 2020-05-29 08:07 | Report Abuse

My thoughts on value traps.

https://klse.i3investor.com/blogs/philip6/2020-05-29-story-h1507892411-How_to_Spot_Value_Traps_or_WHY_I_WASTED_3_YEARS_HOLDING_THE_VALUE_INVES.jsp

Posted by eyeonyou > 2020-05-29 10:42 | Report Abuse

Still a good price to go in

Posted by eyeonyou > 2020-06-01 09:10 | Report Abuse

world COVID pandemic on going, this counter is steadily moving to up trend. Demand will continue for at least another 6 months until world COVID ease

Posted by RainT > 2020-06-01 12:14 | Report Abuse

Still below IPO price

Posted by RainT > 2020-06-01 12:15 | Report Abuse

wah

so many buyers queue at high price ,up 12%

Posted by Milo Ais > 2020-06-01 12:53 | Report Abuse

So, Covid will boost the demand or suppress the demand of chicken meat and eggs? I'm confused now.

Posted by eyeonyou > 2020-06-01 12:57 | Report Abuse

Will break 0.74 soon

Posted by eyeonyou > 2020-06-01 13:15 | Report Abuse

"RHB Research has maintained its "buy" call on Leong Hup International Bhd (LHI) target price to 88 sen."

Posted by TopEarn1 > 2020-06-01 13:25 | Report Abuse

Milo ais, Covid or not is not an issue. Foods is essential. Inflation is inevitable. Price will slowly soar high silently.

Posted by eyeonyou > 2020-06-01 17:52 | Report Abuse

tomorrow should go higher, this counter has started to regain back the momentum. TP 0.88

Posted by Simonalibaba > 2020-06-01 18:56 | Report Abuse

Buy at this price till ipo price. Or else you regret it. Chicken prices and egg prices have recover, INDO doing well and Vietnam well also.

Posted by Simonalibaba > 2020-06-01 18:57 | Report Abuse

Don’t forget teoseng too

Posted by Simonalibaba > 2020-06-01 18:59 | Report Abuse

anticipate earnings to come in stronger in 2H20, on the back of recent recovery in broiler prices (particularly, in Malaysia).

Posted by Simonalibaba > 2020-06-01 19:03 | Report Abuse

Costs of raw materials are expected to remain low in FY20F due to weak global demand for wheat products.

Posted by Simonalibaba > 2020-06-01 19:05 | Report Abuse

LHI experienced minimal disruption in its production and supply chain from the onset of Covid-19 pandemic as poultry production is considered an essential service. The group is not expecting any significant impact to overhead and operating expenses in relation to the movement control order (MCO)

Posted by Simonalibaba > 2020-06-01 19:06 | Report Abuse

LHI experienced improved sales volume in its feedmill segment, which grew 5.2% YoY, +1.3% YoY to 120.4mil of DOC chickens, +9.8% YoY to 32.6 mil broiler chickens and +1.7% YoY to 434.9mil eggs.

Posted by Simonalibaba > 2020-06-01 19:08 | Report Abuse

COGS was lower at 73% where it dropped 2.4ppt YoY as raw material prices were favourable. Corn price fell 18% YTD while soybean slid 9% YTD. These raw material prices are expected to remain low in FY20 due to weak global demand. However, gross margin expansion arising from lower raw material pricing is only temporary as the cost savings will eventually be passed on to the customers. To me is the most important!

Posted by Simonalibaba > 2020-06-01 19:09 | Report Abuse

Moving on to subsequent quarters, we believe poultry prices will be slightly lifted by demand from restaurants as dine-in operations restart. We believe the growth for FY20F will be largely driven by LHI’s expansion plans. We believe that the long-term outlook for LHI is positive due to relatively stable demand of chicken and strong longterm earnings growth underpinned by expansions of the feedmill and livestock businesses in Malaysia, Vietnam and the Philippines.

Posted by TopEarn1 > 2020-06-01 20:20 | Report Abuse

They buy over some business from bakers cottage. Wow.

Posted by eyeonyou > 2020-06-02 08:58 | Report Abuse

The historical price is above 1, going up trend hitting 0.88

Posted by BornToSpeculate > 2020-06-02 09:26 | Report Abuse

simonalibaba i see your also here. I just sent you a private message