Posted by Tcs76 > 2019-05-15 17:34 | Report Abuse

Tomorrow open 1.25

Posted by 1438542500 > 2019-05-15 17:53 | Report Abuse

@Mohd Iskandar Md Sulaiman I think you meant teoseng

Posted by nckcm > 2019-05-15 21:08 | Report Abuse

Ikan bilis sell no rasa, tomorrow is battle between big funds

Posted by DDK > 2019-05-15 21:20 | Report Abuse

Anyone get the share reflected in CDS?

Posted by Frontline > 2019-05-15 21:28 | Report Abuse

TP 1.55

Posted by freddiehero > 2019-05-15 22:17 | Report Abuse

hahaha.. got hope ma? wan goreng egg mahal mahal ka...

Posted by pang72 > 2019-05-15 22:25 | Report Abuse

Very interesting lo

Posted by pang72 > 2019-05-15 22:26 | Report Abuse

The most hottest bursa IPO-chicken

Previously condom karex hot too...

Posted by pang72 > 2019-05-15 22:27 | Report Abuse

All this sexy stock sure can rally because man concur the stock market...
They will battle hard to get into chicken house... Hihi

Posted by ChefSaham > 2019-05-15 22:41 | Report Abuse

my guess is open market shoot up then 2nd session big sharks start selling to cash out their investment then come down

Posted by Legend > 2019-05-15 22:44 | Report Abuse

Stock name..
LEONG HUP INTERNATIONAL BERHAD(LHI)

Posted by Ahza Adhwa Zulkepli > 2019-05-15 23:18 | Report Abuse

Leong Hup IPO oversubscribed 3.64x

Sektor median (PE):
14x

Nilaian pasaran paling tinggi (PE):
Lay Hong - 51x
QL - 49x

Nilaian pasaran terendah (PE):
Teo Seng - 9x

Harga tawaran awam Leong Hup: RM 1.10 - PE 15x

Rujukan selanjutnya (FY18):
RM 0.65 - PE 9x
RM 1.40 - PE 19x
RM 1.50 - PE 20x
RM 3.70 - PE 51x

Target TA securities: RM 1.44 berdasarkan pertumbuhan laporan kewangan tahun 2020 (forward pe: 19x)

Posted by bangbus > 2019-05-16 08:08 | Report Abuse

Poultry producer Leong Hup International Bhd has posted a jump in its first-quarter earnings ahead of its return to Bursa Malaysia on Thursday.

Its three-month to end March net profit rose 15% to RM60.58mil compared with the RM52.68mil made a year ago, on higher sales volume and an increase in the selling price of eggs in Malaysia and broiler chicks in Indonesia.

Revenue rose almost 11.2% to RM1.51bil from RM1.35bil previously, the company said in a filing yesterday.

Posted by bangbus > 2019-05-16 08:08 | Report Abuse

Poultry producer Leong Hup International Bhd has posted a jump in its first-quarter earnings ahead of its return to Bursa Malaysia on Thursday.

Its three-month to end March net profit rose 15% to RM60.58mil compared with the RM52.68mil made a year ago, on higher sales volume and an increase in the selling price of eggs in Malaysia and broiler chicks in Indonesia.

Revenue rose almost 11.2% to RM1.51bil from RM1.35bil previously, the company said in a filing yesterday.

Executive director and group chief executive officer Tan Sri Lau Tuang Nguang said the encouraging first-quarter financial year 2019 (FY19) financial performance was reflected in the strength of Leong Hup’s geographical diversification as a fully integrated poultry operator.

“With a number of expansion plans in the pipeline, we are optimistic that the Leong Hup group would be able to achieve better results for FY19,” he said in a statement yesterday.

Leong Hup owns livestock feed mills and poultry businesses in five countries in the region. It is one of the major suppliers of broiler chicken in Malaysia with an estimated 10% market share.

The company said that Indonesia was its largest geographical segment, contributing 37.4% or RM563.41mil to the group’s total revenue in the first quarter.

The Malaysian operations came in second, contributing RM442.24mil or 29.4% of total revenue.

Meanwhile, Vietnam contributed 19.5% or RM293.24mil, Singapore 12.8% or RM193.33mil, and the Philippines, 0.9% or RM14.14mil to the group’s total revenue in the first quarter.

Earnings per share for the quarter stood at 1.78 sen, while net asset per share was 39 sen.

During the quarter under review, Leong Hup said its livestock and poultry-related product segment continued to drive improvements in its revenue, contributing approximately 57.1% or RM859.65mil of the group’s total revenue.

Meanwhile, revenue from the livestock and poultry-related product segment also recorded an improvement of 2.7% year-on-year.

“The rise in revenue was primarily due to an increase in the sales volume and the average selling price of eggs in Malaysia and an increase in the average selling price of broiler day-old-chicks in Indonesia,” Leong Hup said.

On its initial public offering (IPO) proceeds, of the total amount to be raised, RM275mil will go to the company. About RM207.7mil, or 75% of the amount, would be set aside for business expansion.

The Philippines will be the biggest recipient of the proceeds from the IPO, followed by Vietnam (RM47mil) and Malaysia (RM40.7mil).

It is worth noting that Leong Hup was the first poultry company to be listed on Bursa Malaysia in 1990 before it was taken private in 2012 by the founding Lau family.

Its debut this Thursday would make Leong Hup the biggest IPO on the Main Market of Bursa Malaysia this year.

Read more at https://www.thestar.com.my/business/business-news/2019/05/14/leong-hup-q1-earningsup-15-to-rm6058mil/#FGmHHsrGLdYmJgrk.99

Posted by Shinnzaii > 2019-05-16 08:38 | Report Abuse

https://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=LHI

move tto here...stock code wrong...hehe

Posted by Ahza Adhwa Zulkepli > 2019-05-16 08:40 | Report Abuse

Ooooo hahahahhaha

Posted by williamtkb > 2019-05-16 08:48 | Report Abuse

Wao RM5.5

Posted by $$$< GOODLUCK >$$$ > 2019-05-16 08:48 | Report Abuse

chinese say Eats egg mean = O, better dont try Bad Luck karma.

Dont eat egg at LHH.

Posted by princesam > 2019-05-16 08:53 | Report Abuse

Lhh or lhi

Posted by Shinnzaii > 2019-05-16 08:53 | Report Abuse

LHI

Posted by 劉尹光 > 2019-05-16 09:22 | Report Abuse

now this egg is Droping, due to heavy selling pressure...

Posted by williamtkb > 2019-05-16 09:26 | Report Abuse

Dropping is good. Better drop more to below RM1

Posted by hhc8 > 2019-05-16 10:02 | Report Abuse

interpac target 1.27. Any other research target price ?

Posted by Greatleaper > 2019-05-16 10:10 | Report Abuse

Chicken no power

Posted by Farhan Kamal > 2019-05-16 10:11 | Report Abuse

hard to predict coz of fact that the global economic sentiment is not very strong at the moment...but I think this counter has a lot of potential looking at the company performance. 1.3-1.4 in the immediate future. 3.5 to 3.9 in the long term, depending on global economic performance also.

Posted by Junichiro > 2019-05-16 10:13 | Report Abuse

This is typical of all IPOs. The owner wants to sell their company at the best possible price.

Posted by Greatleaper > 2019-05-16 10:15 | Report Abuse

Yes, boss selling their shares for money

Posted by bose00 > 2019-05-16 10:17 | Report Abuse

Lol subscribe 1.10.. profit 2 cts . want to sell

Posted by spider68 > 2019-05-16 10:19 | Report Abuse

Who got so many shares to sell @ RM 1.13 just to make only 3 cents?

Posted by Greatleaper > 2019-05-16 10:23 | Report Abuse

They got too many shares already, need to throw certain percentage of shares to local retailers, institutions and foreign investors.

Posted by spider68 > 2019-05-16 10:26 | Report Abuse

Never ending supply @ RM 1.13. Today highly sure end below RM 1.10 as someone is carrying out lelong sales.

Posted by spider68 > 2019-05-16 10:43 | Report Abuse

No joke man someone dumping @ RM 1.13 non-stop. Announcement date then we shall know who.

Posted by bose00 > 2019-05-16 11:04 | Report Abuse

wait for noon session

Posted by spider68 > 2019-05-16 11:08 | Report Abuse

I think noon session drop below RM 1.10.

Posted by shpg22 > 2019-05-16 11:11 | Report Abuse

Fair price in 12 month = IPO price 1.10 / 2 = 0.55

Posted by spider68 > 2019-05-16 11:33 | Report Abuse

Any possibility of some cornerstone investors being allocated shares at a discount below RM 1.10? Anyone can advise if they know.

Posted by preducer > 2019-05-16 11:37 | Report Abuse

no such thing, everybody got it at 1.10

Posted by MK4872 > 2019-05-16 11:53 | Report Abuse

except for the owner....no one got this share at below RM1.10....not even the cornerstone investor.

All cornerstone investor and owner have moratorium period to observe so unlikely any of them will sell anything for the next 6 month.

Posted by rajachulan > 2019-05-16 11:57 | Report Abuse

really? leng chan and ma yu brought at 1.10 also?

Posted by spider68 > 2019-05-16 12:08 | Report Abuse

If moratorium period applies then who have so many shares i.e. 100 million shares to dump from RM 1.13 to RM 1.11. No intraday short selling allowed some more.

Posted by BillyK > 2019-05-16 13:11 | Report Abuse

be patience
wait for LC and MY to sell to us at 80cts

Posted by Damager > 2019-05-16 14:34 | Report Abuse

Could it be some big investors not managed to get the IPO so push down the price now and collect or i watch too many dramas? hahaha

Posted by Henry8833 > 2019-05-16 14:39 | Report Abuse

Useless share. Over price IPO. If not mistaken PE over 20 times....

Posted by Shinnzaii > 2019-05-16 14:41 | Report Abuse

ride on sentiment...wait lower...hehe

Posted by Henry8833 > 2019-05-16 14:41 | Report Abuse

Leong Hup last time shares also not performing well and Lau family privatized at about less than 10 times PE( if not mistaken as too long already). Now come back this IPO and priced PE 20 times....Who is clever and who is stupid?

Posted by Henry8833 > 2019-05-16 14:48 | Report Abuse

Over priced IPO. Better avoid and wait till price drop 50% ie 10 time PE only enter if want to be safe...

Posted by Shinnzaii > 2019-05-16 14:51 | Report Abuse

>Henry8833

there is ESOS some more...so i dont catch first...i want to see how competency of those directors

Posted by spider68 > 2019-05-16 15:10 | Report Abuse

Must be very desperate for money to sell at IPO price @ RM 1.10. Other company's major shareholders would have provided support instead of cashing out.

Posted by SmallBang > 2019-05-16 15:12 | Report Abuse

STABILISING ACTION my ass

Posted by Shinnzaii > 2019-05-16 15:21 | Report Abuse

ESOS need to be regularize....some directors benefit the most from ESOS by using ESOS...look at PHB and Tiger...wait annual report then you know larh...hehe