Layhong share price ever be at RM10 in year 2016 before share split + bonus issue.

Management so far has been doing good in the past many years even during pandemic time. Latest QR profit yoy increased by 98.8% which was a tremendous result.

Current NTA 0.52 which is the highest in the past 4 years which mean company liabilities are getting lesser and reputation start increasing.

Apart from that, after some major states start unlocked from MCO, we shall expect more demand of eggs and chicken from public.

Anyway, TP RM0.80-0.90 which I think is acceptable. This is not a buy call ya, don't call SC to catch me, I am just sharing my 2cents thought ;)

( copy from somewhere )