Posted by Chipee > 2 months ago | Report Abuse

FED cut rates. We are back in lower rate. Good for LHI high debt situation.

Posted by Chipee > 2 months ago | Report Abuse

USD coming down is good. Cost of corn and soy becomes cheaper..

Posted by warchest > 2 months ago | Report Abuse

The best is coming for LHI excerpt from their press release previously "While easing of feed input costs, particularly for corn and soybean meal, is positive for poultry players, this is insufficient to mitigate the strong US dollar and weak poultry prices in major operating countries"

Posted by warchest > 2 months ago | Report Abuse

With weakening of USD to 10% and with stabilised feed input costs, we will see the best profit for LHI

Posted by GL2004 > 2 months ago | Report Abuse

looks good.......

Posted by newway > 2 months ago | Report Abuse

With improving fundamentals, Market re rating will gradually move LHI towards its IPO price of RM1.10

Posted by lazzo88 > 1 month ago | Report Abuse

Leong Hup International is positioned to maintain its bullish run after surpassing the MYR0.68 resistance on strong volume.

The stock’s fresh “higher high” candlestick confirms the bullish technical setup. Moving forward, Leong Hup aims to test the MYR0.73 resistance, with the next target set at MYR0.77. Any decline below the MYR0.64 support, however, would invalidate the bullish outlook.

Posted by lazzo88 > 1 month ago | Report Abuse

People took profit after RHB buy call ... interesting

Posted by Chipee > 1 month ago | Report Abuse

Nah ... people take profit from KLSE and move to HK and China market.

Posted by stncws > 1 month ago | Report Abuse

roti telur naik harga

Posted by csl79 > 1 month ago | Report Abuse

why so strong today? ate viagra?😁

Posted by GreenTrade > 1 month ago | Report Abuse

Lhi Uptober,

Ringgit strong

Posted by newway > 1 month ago | Report Abuse

With improving fundamentals, Market re rating will gradually take LHI all the way to IPO price of RM1.10

Posted by Simonalibaba > 1 month ago | Report Abuse

Fair value LHI 0.98

Posted by GreenTrade > 1 month ago | Report Abuse

war or no wor, people still eat eggs and poultry.
major beneficiary

Posted by yewnamhung > 1 month ago | Report Abuse

上探80仙 ~~~ go go go

Posted by Velmani > 1 month ago | Report Abuse

Nice!

Posted by warchest > 1 month ago | Report Abuse

this is the weakening USD, much better financial results for LHI. A significant portion of Leong Hup's raw materials, such as corn and soybeans, are priced in USD. almost 70%. at the same time, it exports a portion of its products, primarily to other Southeast Asian countries. When the USD weakens, the value of export revenue in local currencies increases

Posted by warchest > 1 month ago | Report Abuse

hence, we can see a significant result for LHI. probably the best since its IPO

Posted by warchest > 1 month ago | Report Abuse

Hold on to it. at least till its IPO price of RM1.10. it is easily achievable with a better financial footing and its financial discipline of trimming its debt

Posted by Muyutin > 1 month ago | Report Abuse

DUN TOO HAPPY
LHI WILL CRASH SOON
AFTER MYCC RESULTS COMES OUT

Posted by Chipee > 1 month ago | Report Abuse

I will top up if this happens.

Muyutin

DUN TOO HAPPY
LHI WILL CRASH SOON
AFTER MYCC RESULTS COMES OUT

Posted by xiaoeh > 1 month ago | Report Abuse

miss the boat...
come back.....

Posted by Income > 1 month ago | Report Abuse

https://youtube.com/shorts/_wQkA_K_NMQ?si=p0QarVm893Qepu1W

Posted by lazzo88 > 1 month ago | Report Abuse

Reached 1 year high. Next stop 0.80 😊

Posted by bose00 > 1 month ago | Report Abuse

Matter of days marching towards 0.80

Posted by GreenTrade > 1 month ago | Report Abuse

top 30 here owns 80%
99smart top 30 owns 80%

can easily push if they wanted to...
they choose to be slow instead :S

Posted by hng33 > 1 month ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/10/09/govt-considers-ending-chicken-egg-subsidy-says-mat-sabu

Posted by hng33 > 1 month ago | Report Abuse

The impact on egg producer is alike last year chicken producer ending subsidy, stock like CAB earning decrease significantly after chicken subsidy ended

Posted by stncws > 1 month ago | Report Abuse

Rm20 per 24 eggs soon

Posted by bose00 > 1 month ago | Report Abuse

Byebye for now

Posted by GreenTrade > 1 month ago | Report Abuse

malaysia revenue contribution to the group less than 25%,
who panic selling now? hahahaha

Posted by alivetoinvest > 1 month ago | Report Abuse

if people selling coz of mat sabu announcing crap, they deserve to lose money

Posted by bose00 > 1 month ago | Report Abuse

Go MSM

Posted by GLNT > 1 month ago | Report Abuse

So funny, LHI's stake in Teo Seng is just MYR350mil based on current price, 13% of LHI market cap, almost negligible effect. Who is selling? Thanks so much. Please sell more

Posted by Chipee > 1 month ago | Report Abuse

If remove subsidy. Then should remove price control.
Should be good new. Getting price increase from sales is faster than receiving money from government via red tape.

Currently, egg producers are given subsidy at a rate of 10 sen per egg, while the ceiling retail prices for Grade A, B and C chicken eggs is set at 42 sen, 40 sen and 38 sen per egg.

Posted by Chipee > 1 month ago | Report Abuse

I think government will remove the subsidy just like the chicken. And in return, price ceiling will be lifted. Bode well for LHI. CAB lose money bcoz they lose market share to LHI and others.

Posted by warchest > 1 month ago | Report Abuse

integration is the key across all the verticals. Not only that across the major countries in ASEAN

Posted by lazzo88 > 1 month ago | Report Abuse

Regardless, LHI's momentum is still strong 💪

Posted by alivetoinvest > 1 month ago | Report Abuse

sad operator

Posted by GLNT > 1 month ago | Report Abuse

Operators might just be the issuers of call warrants: Maybank, Ambank, Kenanga, Macquarie etc

Posted by alivetoinvest > 1 month ago | Report Abuse

people scared of news lmao
when current business operations printing the mad $$$$

Posted by turbochart > 1 month ago | Report Abuse

Remove egg subsidy. Good choice 😅

Posted by DickyMe > 1 month ago | Report Abuse

Why not remove Bumi discount for property buying?
Why not remove all kinds of privileges provided to Bumi/Malay?
Why not trim civil services workforce?
These are the biggest wastages in our Malaysian economy.

Posted by alivetoinvest > 1 month ago | Report Abuse

market always do the opposite, limit up

Posted by HenryDPogi > 1 month ago | Report Abuse

what a good TP price before year's end?

Posted by alivetoinvest > 1 month ago | Report Abuse

0

Posted by katara > 1 month ago | Report Abuse

Given the economies of scale and its integrated business model, Chew(Lhi CFO) believes Lhi and its subsidiary Teoseng will be well shielded from any adverse effects (removal of subsidy for chicken eggs). --The Edge 14.10.2024

Posted by lazzo88 > 1 month ago | Report Abuse

TP RM1 at this year end 😀

Posted by GLNT > 1 month ago | Report Abuse

No removal of egg subsidy. All the hoohah and selldown for nothing...Thanks to all who sold.