Stocks market watch
Liihen - Prominent investor ask you to chase high. Will you follow his advice?
Recently prominent investor getting greedy and ask his reader to buy shares and gamble on better results. However, two out of the three gamble failed so far (Focus Lumber and Canone failed while Liihen is his only hope). Based on so called his simple calculation, he said that Liihen at RM3.30 is still cheap. This statement is really unresponsible and has intention of enriching himself and hiding behind charity shield. As usual, he will keep promoting more when his shares almost reaching the peak in order for him sell. No one will know when he is selling as he can report it late of up to 2 months.
As a substantial share holder, he should not even publishing about his shares or even promote it as it can be viewed as trying to manipulate the share price. One has to remember that Liihen already increased more than 60% from this year low of RM2.05. The reason that he said cheap is the possible bonus warrant issue. Do you remember what happened to VS Industry after bonus warrant issue? Yes, it dropped almost 25-30%. So what's the point of having bonus warrant when you are holding lesser mother shares value. The bonus issue is usually just a gimmick for share holder to hold on their shares. Nothing is free in this world. So its up to you whether you still want to chase high.
Do remember this statement "Be fearful when everyone is greedy and be greedy when everyone is fearful".
If you refer to this week Tong's value investing portfolio by The Edge Malaysia, you will noticed that Tong's has sold much of his position in Liihen. Anyway, for him is better be safe to realize or lock lesser profit than to suffer losses later.
He is still asking people to chase high. For what purpose? Enrich him further so that he can do more charity. "Lembu punya susu, sapi dapat nama".
This week's Tong's value investing portfolio in The Edge Malaysia. See Liihen portion.
Good luck for those who still want to chase share price which already surpass the previous peak of RM3.00.
Those who like free warrant. History may repeat itself. See what happened to VS Industy after giving free warrant. The ex date for free warrant was 31st Dec 2015. Share price dropped from RM1.60 to RM1.32 in less than a month.
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Discussions
Be the first to like this. Showing 50 of 52 comments
Don't think he will write on KESM as his holding is small and illiquid stock. Potential from KESM is small as well as the peak price is not far away from the one day huge jump last friday.
2016-06-05 23:07
Good reminder from Ah-Boon disclosed How the rich man do charity from other hard earn money.
2016-06-05 23:30
I think he is being transparent and honest, if compared him with others, and at least he has used his real name and real picture in his blogs ,and also in his shares trading accounts in most broker firms.......
2016-06-06 09:31
chartau（木头人） detected
Posted by cytew > Jun 6, 2016 09:31 AM | Report Abuse
I think he is being transparent and honest, if compared him with others, and at least he has used his real name and real picture in his blogs ,and also in his shares trading accounts in most broker firms.......
2016-06-06 09:32
Do remember this investor also push vs management to bonus issue.in order to raise the share price. now push liihen free warrant in order to raise share price. although this is good for shareholders but will cause somebody profit taken after share price surge. I believe a good company like liihen don't to depend on corporate exercise. Because it has already got good earning and attractive dividend policy.
2016-06-06 09:51
Lihen will continue to report record revenue and profits and share price increase.
2016-06-06 09:59
He recommended on the basis of record revenue and profits and liihen is definitely undervalued. Please analyse before you speak.
2016-06-06 10:04
why do you post this. arent you doing the same thing as koon. just the opposite. hypocrite. invest by using your brain and not your emotions.
2016-06-06 10:29
Awwwwwwwwww~ Somebody is looking to be selling. Hahaha.
I'm holding Liihen as well. I am not looking to sell Liihen right now because I'm going long.
However, for those who did not have liihen right now, careful to buy at high. It might still be a good buy, it might also be not. As for people who bought earlier for long term, should not be too worried when the eventful sell comes kicking later.
2016-06-06 10:36
Liihen is good company
Not kyy influence anything
Share price go up because earnings up
2016-06-06 12:41
Lock profit is always a good thing. Why chase high and risk prominent investor sell first? Good shares will always provide opportunity to enter during short correction. Can always buy back later when price is right.
2023-12-11 09:33
Less headache, money in pocket and don't worry when prominent investor will sell.
2016-12-11 13:26
Ah Boon rather than critizise him can u help us to make by finding some good stocks to invest ?
2016-12-19 14:45
Should we focus on the future prospect of liihen? Since the fundamental is still good and the company keep growing, i think it's ok to hold for long term.
2016-06-06 23:24
speakup, agree with u totally. koon koon's buy call is actually a hidden sell call.
2016-06-07 13:44
a boon you lose again today. Didnt our mother tell u not to talk bad about people.
2016-06-07 15:06
timing is everything. prospect is good but sentiment is bad. you still lose. follow the tide and play within your limits. rising tide lifts everything cheers
2016-06-07 15:58
just play contra, buy in any red, sell in any green...today I go in red, then I come out green...didn't hold overnite
2016-06-07 18:00
Good counters can always play a few rounds. Don't be tricked by prominent investor who ask you to hold long for his advantage to take profit first.
2016-06-07 18:38
Prominent investor has large position in stocks and the longer you hold, the more advantage that he has over you. He can always trigger profit taking without you knowing it.
2016-06-07 18:41
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5117961
He has bought around 200k lots. He even bought at 3.15. You guess will he sells below that price?
2016-06-07 18:55
Prominent cheater never told me to accumulate CCB from 2013-2015 and MAA from 2011-2013.Now look at the paper profit I'm sitting on both stocks!! HahahaHAHAH!
2016-06-07 19:13
Finally prominent investor revealing his buy price and report within few days to Bursa. Good progress!
2016-06-07 19:33
Prominent investor buy higher does not mean that the share price will go higher. It can also be a trap for people to push higher thinking that its still cheap and other people will continue to buy more. Its the huge volume below the current value that we need to watch out.
2016-06-07 19:37
I think many just sold partially because this is really a very good fundamental stock.
2016-06-07 20:37
Those who didn't buy earlier or sold because of ah-boon are now regretting!
2016-06-07 20:44
Pls do simple arithmetic p/b ratio...., is it still good...., pls ask cold eye rule...,
2016-06-07 21:00
Why regret? Those who had sold and gained good profit should be happy. Of course greed never satisfied of whatever amount they get. If you think Liihen still good, you can always buy back later. Good stocks can play many rounds. At least now prominent investor file his share purchase ontime and with pricing that he brought which he never done before.
2016-06-07 21:33
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Post removed.Why?
2016-06-05 22:15