LEONG HUP INTERNATIONAL BERHAD
KLSE (MYR): LHI (6633)
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Last Price
0.59
Today's Change
+0.005 (0.85%)
Day's Change
0.585 - 0.59
Trading Volume
902,600
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Total assets
238
-1.64%
1000
+11.55%
110
+81.66%
900
-13.16%
600
+235.36%
Total current assets
238
1000
110
900
600
Cash & equivalents
238
1000
110
900
600
Short term investments
238
1000
110
900
600
Total receivables, net
238
1000
110
900
600
Accounts receivable - trade, net
238
1000
110
900
600
Other receivables
238
1000
110
900
600
Total inventory
238
1000
110
900
600
Inventories - work in progress
238
1000
110
900
600
Inventories - progress payments & other
238
1000
110
900
600
Inventories - finished goods
238
1000
110
900
600
Inventories - raw materials
238
1000
110
900
600
Total non-current assets
238
1000
110
900
600
Long term investments
238
1000
110
900
600
Note receivable - long term
238
1000
110
900
600
Investments in unconsolidated subsidiaries
238
1000
110
900
600
Other investments
238
1000
110
900
600
Net property/plant/equipment
238
1000
110
900
600
Gross property/plant/equipment
238
1000
110
900
600
Accumulated depreciation, total
238
1000
110
900
600
Deferred tax assets
238
1000
110
900
600
Net intangible assets
238
1000
110
900
600
Other current assets, total
238
1000
110
900
600
Total liabilities
238
-1.64%
1000
+11.55%
110
+81.66%
900
-13.16%
600
+235.36%
Total current liabilities
-238
-1000
-110
-900
-600
Total non-current liabilities
-238
-1000
-110
-900
-600
Long term debt
238
1000
110
900
600
Long term debt excl. lease liabilities
238
1000
110
900
600
Capital and operating lease obligations
238
1000
110
900
600
Provision for risks & charge
-238
-1000
-110
-900
-600
Deferred tax liabilities
-238
-1000
-110
-900
-600
Other liabilities, total
-238
-1000
-110
-900
-600
Total equity
-238
-1.64%
-1000
+11.55%
-110
+81.66%
-900
-13.16%
-600
+235.36%
Total liabilities & shareholders' equities
238B
1000B
110B
900B
600B
Total debt
238
1000
110
900
600
Book value per share
-238
-1000
-110
-900
-600
Discussions
2 people like this. Showing 50 of 2,661 comments
Have to see the context of the messages. Peers in any industry always in communication. If their conversation is about cost of corn and soybeans are going up. That's just stating facts. As peers and also competitors, conversation on HOW MUCH they are increasing their price is like revealing their secret and no experience business people will do especially on commoditize products. Pricing is their advantage.
Ravetidus
refer to the evidence shared by MyCC (including messages), then only u can make informed decision
1 month ago
It is undervalued. They have the regional exposure not only in Malaysia but all the major jurisdictions in ASEAN, catering over 700mil population. just started their share-buy back but already purchase >5mil shares - more to go. Even the worst outcome - they need to commit to the fine of RM155mil, within a quarter they already settled it with their strong free cashflow
1 month ago
There are many benefits to a company buying back its own shares, including:
Increased earnings per share (EPS)
Repurchasing shares lowers the capital base, which increases EPS. This can make a company's earnings growth appear better than it actually is.
Higher dividend yield
After a share buyback, a company can benefit from a higher dividend yield.
Attracting new investors
A buyback can boost a stock's EPS, which can reduce its P/E ratio. This can make the stock appear more attractive to new investors.
Rewarding shareholders
A buyback allows a company to return money to shareholders, especially if the company believes its shares are undervalued.
Tax efficiency
A share buyback can be taxed at a lower rate than dividends.
Defense against hostile takeover
A company can use a share buyback to create a defense plan against a hostile takeover.
Offsetting stock-based compensation
A company can use a buyback to cover up stock issuance to managers, which dilutes shareholder ownership.
Efficient use of cash
A company with substantial cash reserves can efficiently use its money by buying back shares.
1 month ago
5 years ago the IPO price is $1.10, now the price is only $0.60. As long as the share price cannot goes above $1.10, LHI definitely a bad company with bad management that only care for themself and their own pocket.
1 month ago
1.In 2019 LHI has IPO up to 937.5m shares of which 687.5m shares were offered for sales and the remaining 250m shares were public issue of new shares to institutions and the investing public.
2. The scheme of the IPO also means that the owner has cash out 687.5 x 1.10 = RM 756.25m immediately after listing. Hence, with that kind of fortune , it is not surprising that they care little about the company share price performance.
3. Despite its remarkable and commendable profit performance of 218m in 2022 and 301m in 2023 and the 9 month cumulative profit of 288m in 2024, the counter is trading at an absurdly disheartening PE of 5.8x with the share price as low as 59sen. That is a disastrous collapse of 46% from its IPO with little sign of recovery in the near future.
4 In addition, the company is now burdened with a penalty of 157m fines by MYCC. Until this is resolved and paid, the bears will continue to charge and push down the share price.
5 Management has come to its sense and come forward to defend its falling share price by aggressively buying back its own shares. Company has engaged in daily share buy back in multiple millions of shares to avoid a serious fall.
6 LHI is a somewhat dividend stock and it has a dividend policy to pay out a high percentage of its profit after tax. In 2014 it paid out 0.0145 plus 0.013 or 0.0275 dividend per share. The company has 3650m shares and hence it paid out 3650m x 0.0275 = RM100.4m In the unfortunate event of penalty and settlement, shareholders may have to scarify and forgo the dividend. Just a guess and may not be true.
7. The LAU family owns more that half of the company arising from the enlarged capital during IPO so the family collects more than RM50m in dividend yearly. Again. it is something they would seriously think about very hard.
8. The ongoing problem with MYCC is a temporary setback. However, until this is settled, I think the bears will continue to bash down the share price. Bad days have arrived and the worse days are still forthcoming.
9 LHI is riding on a rough patch and journey into muddy water. Nevertheless, i still strongly believe LHI will recover spectacularly once the penalty issue is settled.
10 Every cloud has a silver lining. Every unpleasant situation has a positive side to it.
You may now or going forward collect LHI at incredibly low price and profit from it.
11. Opportunity may knock on your door.
Wait patiently and trade wisely
25/12/2024
1 month ago
The penalty of Rm150 already reflected at LHI share prices in past 2 months plus n this one off penalty will not affect its profitability much, market n retail investors have been overreact for this penalty issue. With undemanding valuation at below 61cents, investors should buy in at this moment (you make your own decisions though)...
1 month ago
Factors to consider before investing:
1) Strength of USD vs MYR;
2) Rising corn and soybean price recently (which forms about 50% and 25% of feed costs respectively);
3) Bird flu outbreaks around the world;
4) Potential reversal of MyCC decision thru court battle (long term)
1 month ago
@chipee, after u read the chat evidence posted at MyCC website then u know whether they are discussing about the rising costs of corn and soybean prices or pakat pakat issue invoices within same period at same price
1 month ago
You have the link to the chat website?
Ravetidus
@chipee, after u read the chat evidence posted at MyCC website then u know whether they are discussing about the rising costs of corn and soybean prices or pakat pakat issue invoices within same period at same price
1 month ago
Leong Hup's Q4 results will be good
https://www.bernama.com/en/business/news.php?id=2377026
1 month ago
Obviously, this counter manipulates the share price itself, never care about the investors. after they gain enough money from investors, they will delist frm
board.
3 weeks ago
No matter how much money in single quarter , the share price will never up, there must be somethings behind it, so don make any illusions on this counter. i hv been holding it since its IPO, from average price 0.94 then 0.88 , 0.78 , 0.70 and latest AP at 0.68, Every time i bought it with positive mindset. but the price’s nvr been positive, losing more and more and more. time to let it go and nvr look bk.
3 weeks ago
yes, totally agree with Meowmeowbibi. Leong Hup International is a rubbish company. Those Lau family who is sitting in the board of director are con man.
3 weeks ago
when US and Asia market drop, LHI follows the trend, but why when Us and Asia market up, LHI never follows, anyone telles me why.
3 weeks ago
0.560 0.51 0.49 0.45 then up to 0.50 everyone is happy then buy again, buy buy buy then harvest again.
2 weeks ago
over and over again…. then the director make a announcement to delist, buy the share from share holders at the price of Rm0.510… The family 袋袋平安。
2 weeks ago
The script was long ago written b4 its IPO, u see, they buy back a lot of share, instead of giving dividends to investors. yet the share price goes down, so obvious… but there is nothing we can do even we read the script. just be harvested as grasses.
2 weeks ago
You think LHI is still the number one broiler day old chicks in Malaysia? Huat Lai Resources has overtake them. This mean for the pass 5 years, there is no increase of new farm from LHI in Malaysia. Maybe the CEO of Malaysia is sleeping and play pickle ball everyday. Lol..
2 weeks ago
I have ask a few remisier and friend of Muar about this company. They say this is a 老千company. Lot of their staff rugi besar because they apply the IPO at RM1.10. You see, even their own staff hard earn money they also wanted to cheat.
2 weeks ago
The family does not care about the reputation, if they do, the share price surely over Rm3.00 today, they just care about their pocket money.
2 weeks ago
As at 31st Dec 2022 LHI have 161 Baker Cottage outlets. As as 31st Dec 2023, LHI only have 153 Baker Cottage outlets. 8 outlets has been closed. Will there be any further decline of Baker cottage outlet in year 2024? Sincerely speaking, their roast chicken & pastries not very nice. After few time buying, I have stop completely visiting baker cottage.
2 weeks ago
You can question and fry the management kao kao during the AGM this year, ahhanbb 😂
1 week ago
lol, oriental hits 0.97 from 0.44 on first day IPO, when is LHI going to above 0.90? LHI balik kampung sucks milk better.
1 week ago
ya Eggplant. We should question CEO for the Group’s Malaysia operations , his name also call ah Han. Lol...
1 week ago
Meowmeowbibi, LHI need Viagra to be like KOPI, niama, 100% increase from IPO price of 0.44. LHI sucks it own cock better...
1 week ago
https://focusmalaysia.my/egg-prices-soar-as-new-bird-flu-strain-detected-in-california/
Export to USA will soarrrrrrrr
6 days ago
As i said b4, 0.575 soon, then 0.560, 0.545, 0.52, till 0.48. Whoever still holding this share, i wish you gong xi fa cai.
5 days ago
Qr will be reported by this month end, might earn up to NP Rm100m, but so what? share price will drop since some power manipulate the share price. so please dont call buy anymore on this shit.
1 hour ago
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Share buybacks incoming. First time ever in history
1 month ago