Posted by ngyewchai76 > 2024-02-26 16:43 | Report Abuse

LHI champion for SEA going to roar in Year of Wood Dragon.....happy long loing time@@@

Posted by Lukesharewalker > 2024-02-26 20:51 | Report Abuse

Seems to be earnings for poultry suppliers are increased multiple times compared to last year it could double last quarters. Eps in the region of 6 to 7 cents?

Posted by pang72 > 2024-02-26 21:55 | Report Abuse

Yes!

Posted by hng33 > 2024-02-26 23:09 | Report Abuse

Egg-cellent

Posted by pang72 > 2024-02-27 09:43 | Report Abuse

Wait for another blow out QR..to ignite the next hike for all golden telur counters

Posted by StartOfTheBull > 2024-02-27 11:35 | Report Abuse

Flushing out weak holders prior to announcement of a fantastic QR?

Posted by Lukesharewalker > 2024-02-27 11:56 | Report Abuse

Cheap entry

Posted by Lukesharewalker > 2024-02-27 11:59 | Report Abuse

Short term players taking profit

Posted by Lukesharewalker > 2024-02-27 15:25 | Report Abuse

Is the QR out this evening?

Posted by Lukesharewalker > 2024-02-27 15:34 | Report Abuse

With the QR a big bang is coming

Posted by Lukesharewalker > 2024-02-27 15:37 | Report Abuse

With the soya bean prices falling even lower now the sterling results would continue for the next quarter

Posted by Lukesharewalker > 2024-02-27 15:37 | Report Abuse

Zoom zoom up up and away

Posted by BBQ888 > 2024-02-27 19:59 | Report Abuse

QR out
Gg.com

Posted by sugerdad > 2024-02-27 21:04 | Report Abuse

tomorrow limit down

Posted by curiousq > 2024-02-27 21:11 | Report Abuse

Profit Trend
QoQ -38.63%
YoY -10.04%

Posted by StartOfTheBull > 2024-02-27 22:07 | Report Abuse

Can show your calculations please?


curiousq

644 posts

Posted by curiousq > 54 minutes ago | Report Abuse

Profit Trend
QoQ -38.63%
YoY -10.04%

Posted by pang72 > 2024-02-27 22:34 | Report Abuse

..... Not as expexted 2x or 3x profits but deteriorate from 3 to 2c...
It will not limit down but just stay at 70c

Posted by warchest > 2024-02-27 23:40 | Report Abuse

Executive Director / Group Chief Executive Officer of LHI, Tan Sri Lau Tuang Nguang shared, “We are pleased to have achieved the highest profit ever for the Group with EBITDA of RM1.04 billion and PATMI of RM301.74 million. During the year, the Group had reduced its borrowings by RM574.63 million and lowered its net gearing ratio to 0.59x. This provides the Group with a strong financial position to capture potential opportunities in our operating markets.”

Posted by warchest > 2024-02-27 23:41 | Report Abuse

Despite the myriad of challenges presented by the global economy, including geopolitical tensions, and inflationary pressures, the Group has demonstrated resilience and performance throughout FY23. The Group concluded FY23 with a record revenue of RM9.54 billion, an increase of 5.5% as compared to RM9.04 billion for the previous financial year. PATMI for FY23 stood at RM301.70 million versus RM218.90 million recorded in the preceding year, representing an increase of 37.8%. This was due to improved profits in the feedmill segment, driven by higher average selling prices and reduced raw material costs across Vietnam, Indonesia, and the Philippines, along with better margins from better average selling prices due to improved sales mix in Malaysia's livestock and poultry segment

Posted by warchest > 2024-02-27 23:43 | Report Abuse

“As we enter into 2024, lower inflation outlook and expected reduction in interest rate would stimulate demand. Poultry is a relatively affordable source of protein, therefore we are confident that the industry will continue to thrive.” Tan Sri Lau Tuang Nguang added

Posted by SMInvest > 2024-02-28 00:29 | Report Abuse

not bad la

Posted by Chipee > 2024-02-28 00:51 | Report Abuse

Wait for the financial report. Look into the cash flow. That is more important bcoz every quarter since 2019, each quarter produce different Net profit. I believe LHI had slowed/stopped their expansion and upgrade in equipment hence lower CAPEX. This should show higher free cash flow. This should be the way. Hence, lower debt even more in near future. As debt get lower, dividend will get higher (hopefully).

This is a long term investment for me. Demand will always be there for chickens and eggs. Variable factors will be operational costs ... feeds, labour etc ... With CAPEX slows down, we will see better free cash flow.

Posted by Chipee > 2024-02-28 01:00 | Report Abuse

Since listed until 2021, it has been NEGATIVE cash flow. Only in 2022, their cash flow turn positive since they lowered CAPEX. So it should be good news from now onward.

Posted by warchest > 2024-02-28 07:56 | Report Abuse

The Group is disciplined in reducing their debt. Just take FYE22-23, almost RM1b of debt already repaid while the Capex has been trending now to RM220m for FY2023. Also, the operating cash flow of RM1b for FY2023 is the highest ever for the Group. It is better to look the results on annual basis and you would see that it is a growing company with a decent margin. It is the most profitable poultry company in Malaysia and ASEAN

Posted by warchest > 2024-02-28 07:57 | Report Abuse

Despite drop of 10% to its PATAMI but it is still a commendable results

Posted by warchest > 2024-02-28 07:57 | Report Abuse

But it is better to look into LHI on annual basis. Quarterly results is quite distorting

Posted by Chipee > 2024-02-28 08:40 | Report Abuse

"Quarterly results is quite distorting" = Totally agree with this statement

Posted by speakup > 2024-02-28 09:02 | Report Abuse

Why Q cannot buy one?

Posted by Jaeger > 2024-02-28 09:03 | Report Abuse

Getting smashed

Posted by speakup > 2024-02-28 09:04 | Report Abuse

Want to buy 60¢ but no chance go back again

Posted by speakup > 2024-02-28 09:04 | Report Abuse

Sell to me!!!!!

Posted by Chipee > 2024-02-28 09:07 | Report Abuse

It drops to 50cent... I'm loading up.

Posted by VincentTang > 2024-02-28 09:22 | Report Abuse

50 cents coming.

Posted by hng33 > 2024-02-28 09:28 | Report Abuse

selloff overdone, LHI still reap profit, raw material cost still trending down and LHI financial keep improving and more dividend is coming. Just hold and wait for next dividend

Posted by VincentTang > 2024-02-28 09:30 | Report Abuse

Go buy Mahsing better. Go read quarter result lah then you will know which to buy.

Posted by SMInvest > 2024-02-28 10:13 | Report Abuse

hng33 @ you are RIGHT !!!!!!

Posted by SMInvest > 2024-02-28 10:13 | Report Abuse

accumulating now

Posted by Chipee > 2024-02-28 10:13 | Report Abuse

I don't why there's always some !d!ot come to forum telling people to buy another company?
And totally unrelated industry or analysis. 😂😂😂

Posted by SMInvest > 2024-02-28 10:20 | Report Abuse

Chipee @ They are very low morale and low educated

Posted by StartOfTheBull > 2024-02-28 10:27 | Report Abuse

No worries. Will surely rebound.

Posted by Chipee > 2024-02-28 10:36 | Report Abuse

I think they think can boost the shares they own by making comments like that 😂

SMInvest

Chipee @ They are very low morale and low educated

Posted by Chipee > 2024-02-28 10:37 | Report Abuse

Free Cash Flow end of 2023 is 830million. That's crazy good.

Posted by Kevin Tam > 2024-02-28 11:12 | Report Abuse

Shouldnt drop to below 66-67 cents with fundamental is turning to be better ( corn n soy bean prices r dropping).........Market price being affected by short term players most of the time but its share price should be stable after today.....

Posted by speakup > 2024-02-28 11:13 | Report Abuse

QR surprised many ppl. Unexpected

Posted by speakup > 2024-02-28 11:13 | Report Abuse

Many expected rm1 after QR out

Posted by cedcan > 2024-02-28 11:34 | Report Abuse

Can't believe it gap down so much despite fundmentally sound

Posted by StartOfTheBull > 2024-02-28 11:35 | Report Abuse

A surprised QR causes chicken fly 🕊️ and dog 🐕 run.

Posted by warchest > 2024-02-28 11:45 | Report Abuse

LHI as the big bro. If it sneeze, everyone got a cold. you can see all the poultry companies got affected by LHI 10% contraction in earnings. But overall, I can see good development for LHI going forward

Posted by warchest > 2024-02-28 11:48 | Report Abuse

(i) we can expect revenue growth in 1HFY24 for the livestock segment due to higher ASP due to floating prices (ii) LHI is gaining more market share from the smaller competitors (iii) Stable margin from its feed mill segment (iv) its low capex and continued financial discipline to pare down debt would allow it to increase its profitability

Posted by warchest > 2024-02-28 11:50 | Report Abuse

the most important is now it achieved above RM1b of cash flow from operating activities. It It is commendable as it can be used to repay a dividend to the shareholders