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if can buy below 0.4, that would be good and you can sleep well until next quarter. anything above, u may need to bear with paper loss and hold for at least 3 months until the next quarter.
increased eggs and chicken price, increased myr to USD, ramped up of their new plants in Pulau Indah and also Johor, and not forgetting the NH JV which would increase the market for LH to penetrate Japan and ME. most of all, LH Quarter results have been poor for the last 3 quarters.come q3, yoy basis, u will see positive and significant improvement
low, why you said poor result? were u comparing yoy and not qoq? if you compare qoq, from 10 million loss to 3 million profit, wasn't that an improvement of 13 million?
low, it made profit of 3.7 million ++. there was no loss. yoy, traders weren't happy because of the lower profit. qoq, mid to long term investors are happy, hence that s y u see the rebound of price. panic sellers and traders been selling once results out as they only trade based on the moment, not on whether the company growth or prospect.
