LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.745

Today's Change

-0.01 (1.32%)

Day's Change

0.74 - 0.765

Trading Volume

400,100


29 people like this.

11,175 comment(s). Last comment by NatsukoMishima 2 months ago

observatory

1,065 posts

Posted by observatory > 2022-10-17 16:04 | Report Abuse

A complete operation halt for three months will be worse than Covid lockdown. If the news is genuine, which I doubt so, the management would have to make annoucement in Bursa as such decision will have material impact on the share price. However no such annoucement can be found.

Nevertheless it's quite likely that furniture demand and therefore production have slowed considerably in recent months. I shared the news in Jun that US furniture retailers were facing serious inventory problems. It's likely that customer orders are drying up now. But such info should have been reflected in the current share price. The share price has declined by a quarter since Jun.

frankco

195 posts

Posted by frankco > 2022-10-29 12:24 | Report Abuse

it is time to collect this gem . It is all about timing .

Posted by Tangtanggood > 2022-11-25 10:54 | Report Abuse

Gogogo rush to 0.90

Posted by Tangtanggood > 2022-11-30 10:56 | Report Abuse

Already sell at 0.88

Posted by corpsehunter69 > 2023-01-19 12:42 | Report Abuse

The wood manufacturing sector's prospects appear to be dimming even with the easing in elevated raw material costs and supply chain issues, as the industry is facing yet another obstacle — slowing furniture demand.

Posted by EatCoconutCanWin > 2023-02-21 15:29 | Report Abuse

Where to buy liihen product in Penang?

amateurJR

2,366 posts

Posted by amateurJR > 2023-02-22 11:48 | Report Abuse

Good company can buy if there is weakness

zen_2k

617 posts

Posted by zen_2k > 2023-03-01 17:15 | Report Abuse

pohuat doing much better than liihen for 3 quarters lol... either liihen or pohuat is going to have a rerating lmao

fortunefire

1,519 posts

Posted by fortunefire > 2023-03-20 11:52 | Report Abuse

waiting for 0.7x

Posted by corpsehunter69 > 2023-03-20 14:11 | Report Abuse

TP 0.90

Posted by corpsehunter69 > 2023-03-28 15:40 | Report Abuse

collect 0.80- 0.82

Posted by corpsehunter69 > 2023-04-11 13:38 | Report Abuse

Slowly climbing back up.

Sardin

839 posts

Posted by Sardin > 2023-04-18 10:39 | Report Abuse

guess some of the customers already permanently left during MCO and stick to other suppliers. Destroyed by Ding Ding.

Cipta

1,046 posts

Posted by Cipta > 2023-04-25 18:00 | Report Abuse

is Bed, Bath & Beyond Lii Hin's customer?

Posted by corpsehunter69 > 2023-04-26 13:57 | Report Abuse

slow & steady win the race ..

i4value

78 posts

Posted by i4value > 2023-05-15 09:03 |

Post removed.Why?

Posted by FinanceInRealLife > 2023-05-16 19:18 |

Post removed.Why?

i4value

78 posts

Posted by i4value > 2023-07-07 11:03 |

Post removed.Why?

Posted by NatsukoMishima > 2023-07-07 12:05 | Report Abuse

https://www.klsescreener.com/v2/news/view/1173477

Malaysia furniture dark future !

fortunefire

1,519 posts

Posted by fortunefire > 2023-07-21 09:48 | Report Abuse

does the company still can afford to pay high dividend?

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2023-09-07 00:33 | Report Abuse

@fortunefire, actually, LIIHEN can afford to pay higher dividend.
In the past, it has been very conservative, paying only 40% earnings or less.
However, over the past 3.5 years, the payout ratio is steadily rising - the question is - will this become a new trend?
2020 - DPS 4.7 sen / EPS 14.0 sen = 33% payout
2021 - 2.7 sen / 7.2 sen = 37% payout
2022 - 6.2 sen / 13.9 sen = 45% payout
TTM 2023 - 7.1 sen / 12.2 sen = 58% payout.

With Net Cash of 37 sen, and trading at 87.5 sen, the business is available for sale for only 50 sen.
It's long term EPS is 12 sen, i.e. this wonderful business is only selling for a P/E of ~ 4 times.

It's dividend yield is nice for TTM 2023 = 7.1 sen / 87.5 sen = 7.0%. That must beat EPF nicely at this depressed price.

If the Company continues to share its profits with shareholders (e.g. a payout ratio of 80% EPS should be very sustainable given the huge Net Cash position, even to cover very bad lean years), even without any Special Dividends, it's DY will be higher than 7.0% and this stock is well overdue for a re-rating up.

Personally, lower prices is sufficient reason for me to accumulate.

goldenhope

300 posts

Posted by goldenhope > 2023-09-19 10:19 | Report Abuse

Good sharing

Posted by grimpoinvestor > 2023-09-26 16:34 | Report Abuse

dividend ratio increasing = business is good

Posted by grimpoinvestor > 2023-10-04 17:12 | Report Abuse

Looking good lately

Cipta

1,046 posts

Posted by Cipta > 2023-10-11 13:24 | Report Abuse

Thanks BOD of Lii Hen, i earn dividends every quarter. Wish the co make more n more profit for the coming years.

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2023-11-20 18:07 | Report Abuse

LIIHEN gives very nice dividends every quarter indeed! Plus capital gains too. Price action is promising today.

Yielda

20 posts

Posted by Yielda > 2023-12-27 11:42 | Report Abuse

small brother synergy up so much, when big brother will follow?

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2023-12-28 23:26 | Report Abuse

LIIHEN + 2 sen today. Together with 22 other green stocks offsetting 11 red stocks and several unchanged, my portfolio has made new all time high again today. This is new all time highs for the 3rd time in December month alone.

Posted by grimpoinvestor > 2024-01-09 17:26 | Report Abuse

Top up

Posted by DividendVen > 2024-01-10 15:03 | Report Abuse

good dividend stock, parking some 1st

CSOON 77

177 posts

Posted by CSOON 77 > 2024-01-10 15:13 | Report Abuse

Buy In 0.95

Posted by DividendVen > 2024-01-15 17:16 | Report Abuse

Japan earthquake, ppl might need more furniture or wood product to rebuild. Which company export more to Japan? hevea?

Posted by grimpoinvestor > 2024-02-14 17:19 | Report Abuse

Need more time to move

ming

2,087 posts

Posted by ming > 2024-02-24 03:28 | Report Abuse

-Revenue gradual recover~
-last quarter net profit 15m include forex loss of 3m
-upcoming quarter should has better forex gain as USD spike again since Jan
-dividend > 6% p.a

CSOON 77

177 posts

Posted by CSOON 77 > 2024-02-28 14:36 | Report Abuse

Moving UP

Posted by grimpoinvestor > 2024-02-29 18:53 | Report Abuse

collect more liihen first

Posted by EngineeringProfit > 2024-03-08 15:48 | Report Abuse

Gua caya sama lu. I can see u keep collecting

grimpoinvestor

collect more liihen first

Posted by grimpoinvestor > 2024-03-21 16:43 | Report Abuse

getting close to breakout now

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-04-01 22:33 | Report Abuse

LIIHEN +6 sen, or +6.19% close today. Thanks to LIIHEN and 21 other stocks in green to offset 9 stocks in red, my portfolio made new all time high again today!

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-04-02 21:13 | Report Abuse

Another green close. Thanks to LIIHEN and 20 other green stocks to offset 12 red stocks, my portfolio made new all time high again today!

Posted by EngineeringProfit > 2024-04-02 21:31 | Report Abuse

Plus the 2 sen dividend, remember. Huat ar

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-04-12 21:52 | Report Abuse

The dividend is indeed powerful. It lowered my Average Buy Price from 85 sen down to 78 sen. Today, LIIHEN closed 1.06, highest close. This plus 17 other green stocks to offset 16 red stocks, is enough to edge my portfolio to make new all time high again today. Thank-you Mr Market!

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-04-12 21:54 | Report Abuse

Nice thing about under-valued, high dividend yield stock is that the longer we hold, the more dividends we received, the lower our average buy cost gets without doing anything.

Posted by grimpoinvestor > 2024-04-24 18:03 | Report Abuse

LIIHEN rdy to move upwards

Posted by NatsukoMishima > 2024-06-20 07:14 | Report Abuse

Ikea has implemented a global pricing strategy that includes Ingka Group, an Ikea franchisee. It announced that it would invest 6.3 billion yuan in China over the next three years to lower its prices in the country.

Inter Ikea’s supply chain, which covers everything from raw materials up to the final mile – production, procurement, raw materials sourcing, in-house manufacturing, transport and logistics – makes products affordable without compromising on quality, sustainability, form or function, said the company.

“Our primary objective is to reduce costs across our supply chain,” said Waidzunas.

The goal is expected to be pursued through enhancing efficiencies, better utilisation of materials and accelerating automation initiatives

Malaysia furniture sector just like glove , beaten by China , hopeless !

Cipta

1,046 posts

Posted by Cipta > 2024-06-24 12:21 | Report Abuse

The Malaysian furniture industry has been contending with challenges from China for over two decades. Despite this, it remains competitive in global trade. While most raw materials for nitrile gloves come from China, Malaysian furniture benefits from local sources.

Posted by NatsukoMishima > 2 months ago | Report Abuse

Aiya , this kind of stock u buy and all your capital frozen there for 20 years then only only get back your money if the share price can maintain ! If drop then waste 20 years only , better look for stock like vstec , ranhill , ytl which share price can skyrocket !

Posted by NatsukoMishima > 2 months ago | Report Abuse

Very boring stock

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