LEONG HUP INTERNATIONAL BERHAD

KLSE (MYR): LHI (6633)

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Last Price

0.685

Today's Change

+0.025 (3.79%)

Day's Change

0.67 - 0.685

Trading Volume

3,862,600


2 people like this.

2,586 comment(s). Last comment by Mikecyc 1 week ago

TakeProfits

1,229 posts

Posted by TakeProfits > 2022-01-10 18:55 | Report Abuse

Lowyah koyak giyah stock.
This kind of biz too much work in between.
Same said for oil palm biz.
Calvin where is your Th at 1.50....hehe...
I smarter cos I tuang all out at 80c...I don't believe can go
To 1.50 so soon unless oil palm price is mr10k.
Dream on dream on th plant to go to 1.50

TakeProfits

1,229 posts

Posted by TakeProfits > 2022-01-10 18:57 | Report Abuse

This LHi can buy some make 10 to 20c and sell .
Poultry and egg biz too much work in between.
Good luck to those punting this one

ViWizard

780 posts

Posted by ViWizard > 2022-01-13 10:24 | Report Abuse

anyone attend lhi agm beofre? got voucher? haha

Posted by Benhobenhobenho > 2022-01-22 15:48 | Report Abuse

This is a shit counter, bought at below ipo price n since then, never recover but continue to drop. Got stuck for years

Posted by Benhobenhobenho > 2022-01-22 15:50 | Report Abuse

I thought selling chickens n eggs are a profitable biz, why eh, loss making?

Plantermen

2,239 posts

Posted by Plantermen > 2022-02-04 08:21 | Report Abuse

Government allowed import of frozen chicken hitting foundry owner's sales. In addition price control measure doesn't allow any price increases vs the costs of chicken feeds. Both ends hitting foundry owners bottom line. Not to mention the recent floods in certain localities in Johor, Perak , Negri sembilan has hit the chicken farms

Posted by Jonathan Keung > 2022-02-08 13:38 | Report Abuse

Hardly move. Upside potential 56- 58 range

Karma4444

743 posts

Posted by Karma4444 > 2022-02-09 13:45 | Report Abuse

All poultry industry die

Posted by NatsukoMishima > 2022-02-09 18:05 | Report Abuse

All chicken stocks will be bankrupt soon if continue like this , this stock worth 10 sens maybe !

Posted by Jonathan Keung > 2022-02-11 14:59 | Report Abuse

Price control till June this year

Choongling

190 posts

Posted by Choongling > 2022-02-28 19:22 | Report Abuse

Luckily IPO failed to award any stock to me.

Posted by Jonathan Keung > 2022-03-02 09:46 | Report Abuse

Difficult times for chicken farmers. Government price control till June but price of chicken feeds up 70% -80% but government only paid 60 sen per kg per chicken. Not corn prices much higher

moneytr33

545 posts

Posted by moneytr33 > 2022-03-17 16:47 | Report Abuse

Post downward earnings forecast revision and roll-forward of its valuation base year, the brokerage lowered its target price on LHI by 1.5% to 66 sen, based on 18 times revised FY22 core earnings per share of 3.7 sen.

koowakzai

251 posts

Posted by koowakzai > 2022-03-21 19:47 | Report Abuse

Singapore fund has been disposing alot. Run

Posted by New_Investor92 > 2022-03-28 14:11 | Report Abuse

Anyone still holding this stock since IPO. Just wondering.

$$ BUYSELL $$

1,720 posts

Posted by $$ BUYSELL $$ > 2022-04-06 15:53 | Report Abuse

why not moving

Posted by GrowthCapitalist > 2022-05-20 19:05 | Report Abuse

@koowakzai, how do you know the Singapore fund already disposed?

Those still holding better exit i guess, Worse counter since IPO!

Posted by Jonathan Keung > 2022-05-25 09:31 | Report Abuse

Yes. Non performing. With the recent ban on exports imposed. Poultry chicken farmers also faced escalating high corn prices. it"s a double whammy hit for LHII

vale0111

160 posts

Posted by vale0111 > 2022-05-25 11:10 | Report Abuse

difficult time for poultry

vale0111

160 posts

Posted by vale0111 > 2022-05-25 11:11 | Report Abuse

time like this is hard for everyone, many QR coming, if fundamental not too good, better keep cash to avoid QR BOMB

cumcumshot

438 posts

Posted by cumcumshot > 2022-06-02 11:37 | Report Abuse

LHI may move up slightly in the short term. Interested traders take note.

Posted by wallstreetrookie > 2022-06-06 21:03 | Report Abuse

Buy Leong Hup

Posted by wallstreetrookie > 2022-06-06 21:05 | Report Abuse

Overweight on Leong Hup
The worst is almost over for Leong Hup. Margins will slowly recover, company is able to pass their cost to distributors and customers. Given its attractive valuation, the company is primed for strategic buy-out and acquisition at the same time. Very bullish on LHI

Posted by wallstreetrookie > 2022-06-06 21:10 | Report Abuse

We think that government will no longer be able to contain the rising average selling price of broiler chickens and poultry. Malaysia may discontinue the imposition of price ceiling policy after June 2022.

Alexander Nanta Linggi, Malaysia’s Minister for Domestic Trade and Consumer Affairs: "The extension is to ensure Malaysians are ready for price changes when the fixed price ends on Jun 30 ,”

BUY Leong Hup International, Lay Hong Berhad

Posted by wallstreetrookie > 2022-06-07 17:10 | Report Abuse

BUY Leong Hup International, Lay Hong Berhad

cumcumshot

438 posts

Posted by cumcumshot > 2022-06-09 21:41 | Report Abuse

The issue is, GE could be coming. Ayam naik harga...? This is a tricky move at this timing.

Posted by ChekHupCoffee > 2022-06-10 09:26 | Report Abuse

Chicken price naik still ok, petrol price naik habis, everything else also naik. Better to channel chicken subsidies to petrol.

Posted by GrowthCapitalist > 2022-06-16 10:18 | Report Abuse

This is one of the pity stock i ever encountered!

Whenever there is demand this stock still downtrend due to earning isn't that good. Whenever the price of chicken is high in the sky, the expenses became expensive as well and eventually breakeven. Every single catalyst will surely have flaws in their earning and this stock hardly backed by the analyst as well. Not many analyst willingly to cover this stock! He has to do good advertisement

cktay

305 posts

Posted by cktay > 2022-06-22 10:38 | Report Abuse

IPO price RM1.10
Current price 55s
Last Q revenue at >RM2b is the highest ever!

cktay

305 posts

Posted by cktay > 2022-06-22 10:39 | Report Abuse

Loss of Poultry & livestock of -22m more than made up by 85m profit from Feedmill
Indonsia revenue RM804m, M’sia RM552m, Vietnam RM468m S’pore RM197m
Can’t sell chicken to S’pore, S’pore can easily buy from LHI’s Indonesia subsidiaries.
(Indonesia has a 10-15% surplus supply of chicken)

cktay

305 posts

Posted by cktay > 2022-06-22 10:39 | Report Abuse

“Corn futures traded around $7.6 per bushel, the lowest in 2 weeks and retreating from a 1-month high of $7.9 touched on June 16th, as favourable weather and weak demand prospects weighed on prices, temporarily turning attention away from war disruption to Black Sea exports”

cktay

305 posts

Posted by cktay > 2022-06-22 10:39 | Report Abuse

Most of the smaller chicken farm has closed down, including listed LKTM has already exited.
Hopefully the worst is over for LHI.

Posted by ChekHupCoffee > 2022-06-22 10:45 | Report Abuse

Time to goreng ayam?

cktay

305 posts

Posted by cktay > 2022-06-22 12:04 | Report Abuse

https://ceomorningbrief.theedgemalaysia.com/article/2022/0397/Home/2/624992
Govt removes ceiling price for chicken and eggs, subsidies for bottled cooking oil from July
The govt may have no choice, otherwise artificially suppressing the price will cause many small farmers to go bust, which is in turn bad for for the food security of the country.
LHI being one of the biggest supplier not only in M'sia but in SEA has plenty to gain, more so, as it also supply the chicken-feed

Posted by Bell2stock > 2022-06-24 20:36 | Report Abuse

U~turn policy already.

RWG

1,051 posts

Posted by RWG > 2022-06-29 23:13 | Report Abuse

up 50sen per kilo , mana cukup eh?

moneyster

43 posts

Posted by moneyster > 2022-06-30 10:22 | Report Abuse

feed unregulated, ayam pun nak makan

Meatbone

18 posts

Posted by Meatbone > 2022-07-22 18:47 | Report Abuse

chicken co really pity. Cst everything up but govt nly want choke them.

Posted by NatsukoMishima > 2022-08-09 22:06 | Report Abuse

https://www.klsescreener.com/v2/news/view/1029149

Hopeless stock , cut loss run !

Posted by NatsukoMishima > 2022-08-09 22:07 | Report Abuse

https://www.klsescreener.com/v2/news/view/1029149

Hopeless stock , cut loss run !

Posted by Jonathan Keung > 2022-08-10 07:44 | Report Abuse

157 million fine imposed by Mycc on LHI subsidiary. is it justified ?. LHi s appealing against Mycc ruling. If unsuccessful or failed what's LHi next step ?

RWG

1,051 posts

Posted by RWG > 2022-08-26 21:15 | Report Abuse

chicken stock all die

wildkid

190 posts

Posted by wildkid > 2022-09-15 11:15 | Report Abuse

why LHI didnt declare dividend?

Patron

1,173 posts

Posted by Patron > 2022-10-10 14:42 | Report Abuse

Egg subsidies has been increased from 3c / pc to 8c / pc !
Chicken export has been lifted !
Time to buy poultry stocks!

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