Posted by supersaiyan3 > 2023-06-29 23:44 | Report Abuse

Patron, how to check the price for broiler and eggs?

By the way, I have been thinking of building a few sheds to farm chicken, i think it has to take one year or so before I can sell any chicken. I noticed the market price is very attractive, the only challenge seems to be stable supply of DOCs.

Posted by supersaiyan3 > 2023-06-29 23:47 | Report Abuse

So if august state elections, then maybe october free float price again? or next year?

Posted by gankm > 2023-07-02 11:31 | Report Abuse

you can check the broiler chicken price at DVS website,
https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/AYAM.pdf

Posted by supersaiyan3 > 2023-07-03 00:50 | Report Abuse

gankm, this is up to may only. Wonder what price it is now....

Posted by gankm > 2023-07-03 14:09 | Report Abuse

supersaiyan3, I dunno the latest price. I am just a layman, so the information I have is very limited. Unless you know anyone working in LH? Lol..

Posted by old boy > 2023-07-03 21:51 | Report Abuse

Can try go to pasar, talk nice to the uncle aunty chicken trader, see can get info or not

Posted by Patron > 2023-07-06 21:58 | Report Abuse

@supersaiyan yes can talk to chicken traders around. price is still high. good export margin expected. Fama website can check the latest price too.

https://www.fama.gov.my/harga-pasaran-terkini

Posted by cktay > 2023-07-19 07:50 | Report Abuse

Grain prices have not changed much this week, and economists say Russia’s exit from the deal will not have the dire effects seen last year, in part because other parts of the world have had robust harvests and in part because Ukraine has stepped up exports by truck, train and river barge.
https://www.nytimes.com/2023/07/18/world/europe/russia-barrage-odesa-grain-bridge.html

Posted by cktay > 2023-07-20 01:08 | Report Abuse

Teo Seng forecast to sustain solid first-quarter financial performance
https://www.thestar.com.my/business/business-news/2023/07/19/teo-seng-forecast-to-sustain-solid-first-quarter-financial-performance#:~:text=Its%20stellar%20financial%20performance%20in,Investment%20Bank%20(HLIB)%20Research.
(LHI's subsidiary Advantage Valuations own 52% of TeoSeng)

Posted by old boy > 2023-07-20 21:44 | Report Abuse

Leong Hup own only 51% in AV, the rest own by owner's family holding company so Leong Hup only enjoy about 26% of Teoseng's profit

Posted by old boy > 2023-07-20 21:44 | Report Abuse

Leong Hup own only 51% in AV, the rest own by owner's family holding company so Leong Hup only enjoy about 26% of Teoseng's profit

Posted by gankm > 2023-08-27 17:28 | Report Abuse

Good qtr result is coming, hope the price can at least move to 60 cents. Chicken Feed price is stable + average selling is better compare last year. Hope I am right.

Posted by supersaiyan3 > 2023-08-29 05:36 | Report Abuse

Sooner or later the government got to uplift the ceiling price, sooner or later.....

There are two issues, one is ceiling price and two is subsidy.

These few months would be a good time.

Posted by hhhiii123 > 2023-08-29 18:35 | Report Abuse

Lucky I dump layhong and keep this counter, damn strong now

Posted by supersaiyan3 > 2023-08-29 19:04 | Report Abuse

YoY improved, on track to break record year end.

Wait some houses reiterates 93c, some up to strong buy. Hehe.

Posted by gankm > 2023-08-29 20:09 | Report Abuse

is pointless if the share price is not moving.. from IPO price RM 1.10 drop to RM0.50 cents.. Lots of layman hard earned money is cheated by this company. Muar people say this is a conman company. Maybe is true.. Lol..

Posted by supersaiyan3 > 2023-08-30 09:36 | Report Abuse

Sold my CAB+, made sikit sikit, switch all to LHI. CAB made money no use not for shareholders!

I got so much LHI now.

Posted by supersaiyan3 > 2023-08-30 09:41 | Report Abuse

這兩年一直想養雞，因為算一算真的是可以賺大錢。

尤其是今年解決了肉毒桿菌的問題，覺得非常開心！很多養雞的都不知道有這個問題、以及解決辦法。

求了一道籤，真的是靈！說我以前養過雞失敗了，如果執著再養回來，就算成功也會很辛苦！

所以呢，投資龍合，湊合算了！

Posted by gankm > 2023-09-24 00:40 | Report Abuse

Big fat profit also no use.. the share price still remain stagnant.. hello Lau family, when can you all push back to price to IPO level of $1.10 ?

Posted by supersaiyan3 > 2023-10-13 10:34 | Report Abuse

sold half. Just in case the announcement didn't happen.

this year made most money with LHI. But my own business expansion needs more bullets. Inevitably have to sell shares to fund.

If the government really do rationisation of subsidy, sure government will be in a better financial position (thus better x rate), but what worries people is, it may hurt consumption as M40 no money to spend already.

Posted by fortunefire > 2023-10-13 17:51 | Report Abuse

monday will fly

Posted by gankm > 2023-10-14 10:08 | Report Abuse

supersaiyan3 is a farmer? you operate broiler farm?

Posted by pineapple > 2023-10-14 10:37 | Report Abuse

Something to look fwd on Monday.

Posted by supersaiyan3 > 2023-10-14 12:04 | Report Abuse

gankm, not broiler farm lah. I am a businessman, just happen I have farms.

Posted by supersaiyan3 > 2023-10-14 12:08 | Report Abuse

gankm, you know for us/ordinary farmer, LHI is like God.

Posted by supersaiyan3 > 2023-10-20 19:11 | Report Abuse

Which company’s director kena tangkap? Anyone knows?

Posted by pinetree88 > 2023-10-24 15:51 | Report Abuse

Got in at 0.615 today. Saw chart seems trending up and closed the gap after the budget day. Broiler and eggs price cap lifted should be major boost to profit for next 2 Quarters.

Posted by gankm > 2023-10-24 22:43 | Report Abuse

Coming Q3 will be another big fat profit for LH I guess. Support now at is at 0.60 cents. Hope can break 0.70 cents after Q3 results in November 2023.

Posted by pinetree88 > 2023-10-27 15:27 | Report Abuse

Just sold at 0.645. Mkt too volatile now. But actually expecting more upside.

Posted by gankm > 2023-10-28 01:12 | Report Abuse

For this industry, more chaos the market, the eggs and chicken price will be good. So is better if the market continue don't have enough chicken and eggs to supply. I think share price of LH wont drop much due to volatility of the market, because it has no reason to drop. It will continue with the uptrend due to coming big fat profit in Q3. Just wait and see..

Posted by Simonalibaba > 2023-10-28 08:28 | Report Abuse

Some hangovers due to continuous selling by their private equity partner. Once it’s done it will fly to 70 /90

Posted by ks5S > 2023-10-28 09:12 | Report Abuse

the weekly edge issue today mentioned about leong hup on brighter outlook.

Posted by TiGongPoPiPopi > 2023-10-31 10:59 |

Post removed.Why?

Posted by gankm > 2023-11-01 07:18 | Report Abuse

yes, buy it before it break 0.70 cents

Posted by yewnamhung > 2023-11-07 12:29 | Report Abuse

KUALA LUMPUR (Nov 7): Hong Leong Investment Bank (HLIB) maintained its “buy” call on Leong Hup International Bhd at 66 sen, with a higher target price (TP) of 73 sen, as it sees strong earnings going into the second half of the financial year ending Dec 31, 2023 (2HFY2023), supported by stable demand, more balanced supply-demand dynamics in key operating countries, and lower feed prices.

In a note on Tuesday, HLIB said poultry prices had come marginally above the previous ceiling price of RM9.40/kg, due to stabilised supply and lower feed prices like soybean meal and corn, following the removal of subsidies and the price ceiling effective from Nov 1, 2023.

Despite the absence of subsidies and lower poultry prices, the research house believes Leong Hup’s livestock segment in Malaysia will remain profitable in the near term, supported by lower feed prices and stable demand.

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Yet, it believes that the poultry price volatility in Malaysia will remain low, given accelerated industry consolidation in the past, which resulted from the Covid-19 pandemic and heightened commodity prices in 2022.

The research house added that the turnaround in the company's Indonesian operations that began in the second quarter ended June 30, 2023 (2QFY2023) is expected to continue through the next two quarters.

This sustained improvement is attributed to a more balanced supply and demand situation in the market, which is a result of recovering demand and reduced pricing competition from major industry players.

Similarly, the contribution from Singapore, which has been on the rise since 4QFY2022, is expected to be maintained or even improve in 2HFY2023, as Leong Hup had gradually increased its selling prices to its contract customers to reflect higher production costs in FY2022.

Furthermore, earnings from Singapore are expected to benefit from both the higher selling prices and the removal of the export ban on broiler chickens to Singapore effective from July 2023.

Overall, HLIB is optimistic about Leong Hup, given its bright near-term earnings prospects.

“Key risks include a sudden spike in feed prices, intensified industry competition, and escalating food inflation, which will affect consumption of poultry products," the research house added.

At the time of writing on Tuesday, Leong Hup was trading at 66 sen a share, translating into a market capitalisation of RM2.39 billion.

Posted by BursaFollower > 2023-11-14 09:13 | Report Abuse

wakey wakey 🐓

Posted by lazzo88 > 2023-11-22 15:34 | Report Abuse

Egg-related counters are waking up gradually

Posted by gankm > 2023-11-22 20:05 | Report Abuse

all of sudden break 70 cents today. good Q3 result is coming. hope they will declare dividend..

Posted by bose00 > 2023-11-23 11:35 | Report Abuse

steadily rising up .. higher highs .. towards next mon qr release

Posted by ChloeTai > 2023-11-23 12:28 | Report Abuse

Drop back to where it spiked (0.69) yesterday. 😥

Posted by ChloeTai > 2023-11-23 16:18 | Report Abuse

Really hope that the 3rd quarter results of LHI next Monday could mirror that of TEOSENG.

Posted by bose00 > 2023-11-23 16:33 | Report Abuse

patience will be rewarded later on :)

Posted by lazzo88 > 2023-11-23 16:44 | Report Abuse

hold on tight, don't get wash out easily

Posted by ChloeTai > 2023-11-23 16:58 | Report Abuse

Today 23.11.2023, the operator keeps on selling 1 unit at 0.695, making the chart looks ugly.

Posted by ChloeTai > 2023-11-23 17:01 | Report Abuse

CAB target price is RM0.90 followed by RM1.00, which means that its 4th quarter results will match that of TEOSENG.

Posted by ChloeTai > 2023-11-23 19:21 | Report Abuse

RHB Research has made no changes to Leong Hup’s earnings forecast pending its results announcement, slated on Nov 28 2023 (next Tuesday, not Monday).

https://www.thestar.com.my/business/business-news/2023/10/24/bullish-outlook-for-leong-hup

Posted by ChloeTai > 2023-11-23 19:34 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/11/02/things-look-sunny-side-up-for-leong-hup

TA Research adjusted its earnings projection on Leong Hup upwards for FY23, FY24 and FY25 by 11%, 14.3% and 8.3%, respectively, to reflect the improving conditions.

It maintained a “buy” call on Leong Hup with an adjusted target price of 89 sen per share based on recalibrated 13 times 2024 earning per share.

Posted by facsc118 > 2023-11-24 11:30 | Report Abuse

buy buy buy Monday come come come

Posted by Josh329 > 2023-11-24 12:37 | Report Abuse

Sold all my poultry stocks when volume suddenly spike.

Posted by Josh329 > 2023-11-24 12:45 | Report Abuse

Buying now is for high risk taker depends on your appetite.