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.
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.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Flintstones
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.