3 people like this.

3 comment(s). Last comment by Lyo82 2017-06-17 12:06


1,762 posts

Posted by Flintstones > 2017-06-16 06:31 | Report Abuse

Cyclical stock. You have missed the boat. Dont expect furniture stocks to trade at high double digits PE. It will not happen.


549 posts

Posted by Ezra > 2017-06-16 15:01 | Report Abuse

You forgot, management integrity is an issue.
Having invested in Lii Hen previously, I won't say too much, you can search for it yourself.


392 posts

Posted by Lyo82 > 2017-06-17 12:06 | Report Abuse

True, cyclical stock. Buy when everybody forget it. Doesn't matter if it will trade at high PE or not in the near future. As long as the business is stable, management is sincere, and dividend is paid out consistently, it is at least worth keeping. Just wait when it becomes hot again, simple.

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