9385 LAYHONG | Malaysia
LAY HONG BHD
RM 0.305 on: 2021-07-27
-1.61% Past 1-day return
-1.61% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 47.11% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation. -
Company is in Positive Earning
Fair Value
- LAYHONG current price is 12.96% above OneDelta estimated fair value.
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The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
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Underperformed
LAYHONG past 5-day return lagged behind the Agricultural Commodities/Milling industry average return by 1.91% -
Below 30-Day Average
Current price RM0.305 is below 30-day average RM0.31 by 1.6%
| Return (%) | LAYHONG | Agricultural Commodities/Milling |
|---|---|---|
| 1-Day | -1.61% | -0.38% |
| 5-Day | -1.61% | +0.3% |
| 30-Day | -6.15% | -3.13% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Cyclical Revenue Growth
LAYHONG recorded various revenue growth in different quarters with no clear growth direction.
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Potential Better Profit Growth
LAYHONG posted a better profit growth than average in the recent quarter.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 219,886k | -4% | 0.0065 | +261% |
| 2020-09-30 | 228,604k | -4% | 0.0018 | -77% |
| 2020-06-30 | 238,194k | +13% | 0.0079 | 0% |
| 2020-03-31 | 210,509k | +0% | -0.0048 | 0% |
| 2019-12-31 | 210,314k | -3% | 0.0033 | +94% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM176k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.
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LAYHONG recent daily traded volume is -57.89% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 19k daily | 8k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.31
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Stock Company Profile
LAY HONG BHD
Lay Hong Bhd. is an investment holding, which engages in the business of livestock farming. It operates through Integrated Livestock Farming and Retail Supermarket segments. It offers eggs, liquid eggs, air-chilled chicken, chicken and parts, chicken frankfurters, chicken nuggets, and fried chicken. The company was founded by Hoong Chai Yap on September 27, 1983 and is headquartered in Klang, Malaysia.