We will see such high profit from Q to Q bcoz LHI is done with expansion. With lower capex, net profit can be high. Now is time to recuperate profit from their investment.
Hope the price will continue with the uptrend after the funds company has stopped the activity of disposed the share. No reason for share price of LHI to continue to drop with such result. Unless LHI is really a conman company.
LHI had reduced their capex. The free cash flow as this quarter 743mil. By end of the year will be close to 1 bill. To me this is favourable bcoz they will be reducing their debt. This quarter they reduced their debt by Rm255mill q-to-q
Please remember the IPO price for LHI is $1.10. The share price started to drop after second day of listing and never ever went above $1.10. So is right to say LHI is a conman company just like Malakoff. Am i right?
LHI cannot control the market price. These has to do with anchor investors that hold the shares. Maybe they dump after their lock-in period expired. Nothing to do with LHI.
gankm
Please remember the IPO price for LHI is $1.10. The share price started to drop after second day of listing and never ever went above $1.10. So is right to say LHI is a conman company just like Malakoff. Am i right?
See div ex at Jan already know boss press down the price then want ikan bilis sell back the ticket to them ..so all dividend money inside back their director pocket lol ...the fund can sell also can back door buy back ..dirty boss tactics
I think expectation of decision by MyCC fines on 5 poultry feed companies coming year end. If LHI found guilty, fine is Rm154mill. But I don't think there will be a fine. Soy meal and corn price when up . Of coz price of chicken feed goes up. This MyCC simply abuse power ... KNN!
H1N1 not from Malaysia or ASEAN region. Maybe they hv to buy chicken from LHI ....
"Hong Kong has suspended imports of poultry meat and products from parts of the United States, Britain and Poland following outbreaks of highly pathogenic H5N1 bird flu."
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lazzo88
137 posts
Posted by lazzo88 > 2023-11-27 10:50 | Report Abuse
Can set his TP to RM1, hehe