LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.895

Today's Change

+0.015 (1.70%)

Day's Change

0.88 - 0.895

Trading Volume

107,500


29 people like this.

11,132 comment(s). Last comment by sasword 1 week ago

Sardin

332 posts

Posted by Sardin > 2022-01-21 18:30 | Report Abuse

Number of containers shipped has been increasing sharply in the past 3 months.

Sardin

332 posts

Posted by Sardin > 2022-01-21 18:32 | Report Abuse

If this trend continue there is a chance that goods to be shipped in 2022 may be touching the level of year 2020 or better.

Patrick13

1,971 posts

Posted by Patrick13 > 2022-01-27 17:53 | Report Abuse

On behalf of the Board of Directors of Lii Hen Industries Bhd. ("LHIB" or the "Company"), Alliance Investment Bank Berhad wishes to announce that the Company proposes to undertake a bonus issue of 359,999,976 Bonus Shares on the basis of two (2) Bonus Shares for every one (1) existing LHIB Share held on the Entitlement Date.

Further details of the Proposed Bonus Issue are set out in the attachment enclosed.

This announcement is dated 27 January 2022.

Posted by observatory > 2022-01-27 19:55 | Report Abuse

Bonus issue often causes market excitement and short term price appreciation.

Shareholders will ask management for bonus issue during AGMs. Except selected blue chip companies such as Nestle, most companies who meet the conditions will comply with shareholders' request by citing reasons like "enhancing the trading liquidity and marketability of shares"; "shares made more affordable in order to appeal to a wider group of shareholders and investors"...

In a bonus issue almost everybody is happy - the shareholders, management and the i banks who earn fees from the exercises. This is despite everyone also knows it's about slicing the same cake into more pieces. And some costs would be incurred.

I wonder if Lii Hen shareholders in this forum support bonus issue?

If you do, does it also mean you look forward to opportunities to dispose at least some shares in the short term during the anticipated price run-up?

Because if you don't dispose, after the excitement is over the share price is likely to return to a level dictated by its fundamental and prevailing market conditions. A good recent example is Lii Hen's peer Homeritz which had a bonus issue exercise in late 2020.

But assuming current dampened market sentiment remains unchanged, and therefore market response is not overly enthusiastic, with share price just going up 10% to about RM3, will you sell?

I don't have a fixed view on bonus issue. I just would like to hear other shareholders' preferences.

Posted by NatsukoMishima > 2022-01-27 21:43 | Report Abuse

20 years ago when heard about bonus issues every share holders felt excited but this is a different case now ! Diluted eps , stock price keeps dropping after ex date , no more high divy do u think investors still keen to buy this stock n the price will drop or stagnant !

My own view only , sell at high price before ex date , malaysia furniture future is not so encouraging !

Posted by NatsukoMishima > 2022-01-27 21:43 | Report Abuse

Bye bye to liihen !

gordonn

24 posts

Posted by gordonn > 2022-01-28 10:48 | Report Abuse

Why happen to liihen. Why sudden up so much

Posted by investortrader88 > 2022-01-28 16:56 | Report Abuse

Ini kalilah ! :):):)

jackfruit

556 posts

Posted by jackfruit > 2022-01-28 17:47 | Report Abuse

By declaring bonus 2 for 1 show that Liihen is very confident for strong earning going forward. Coming quater earning will be strong plus good dividend. Revenue will surpass 1billion ringgit for financial year 2023.

Cipta

802 posts

Posted by Cipta > 2022-02-04 10:08 | Report Abuse

Why split to 3? Liihen wanna join the penny stocks?

Posted by EatCoconutCanWin > 2022-02-11 08:34 | Report Abuse

furniture price hike due to inflation . good to invest. furniture demand pick up in 2022.

4dking777

110 posts

Posted by 4dking777 > 2022-02-21 11:19 | Report Abuse

Why split to 3? Liihen wanna join the penny stocks?

_____________________________________________

Want to make some money. low price more trade.

gkent2000

161 posts

Posted by gkent2000 > 2022-02-23 12:02 | Report Abuse

SERNKOU, LIIHEN , SIGN, POHUAT

If glove got top 4, i guess this is the top 4 for furniture.

Sardin

332 posts

Posted by Sardin > 2022-02-24 12:56 | Report Abuse

Before this I was expecting 18 sen total dividend per year

gkent2000

161 posts

Posted by gkent2000 > 2022-03-17 13:44 | Report Abuse

SERNKOU, LIIHEN , SIGN, googogoog!!!!!!!

Posted by demdem1912 > 2022-04-15 15:52 | Report Abuse

Sleeping counter.......

steven_c

97 posts

Posted by steven_c > 2022-04-15 17:58 | Report Abuse

I just hope Lii Hen can continue dishing out better dividends which was what they were well known for. Now dividends have been much lesser compared with previous years. Apart from that, there has been almost no news about Lii Hen at all. Hope management will make themselves more visible to investing fraternity.

frankco

162 posts

Posted by frankco > 2022-04-20 22:32 | Report Abuse

congestion at port in US is easing and USD is steadily creeping up. Order from China will shift to Malaysia due to covid lockdown measures.. These should be good for the Liihen.

Samuelgold

178 posts

Posted by Samuelgold > 2022-04-27 09:54 | Report Abuse

Liihen gogogo

cherry88

911 posts

Posted by cherry88 > 2022-04-29 11:24 | Report Abuse

Coming quarter will be good due to the strengthening USD + the easing of the freight charges. Both LiHen and Pohuat will report skyrocking results soon. I was told they managed to increase the ASP and pass all the raw material cost increases to customers.

steven_c

97 posts

Posted by steven_c > 2022-04-29 14:39 | Report Abuse

@cherry88, this is smtg good to hear. I am not sure about skyrocketing results but I do look forward to good results and potential recovery of their generous dividends haha

Cakes Moon

6,431 posts

Posted by Cakes Moon > 2022-05-06 16:17 | Report Abuse

With such high inflation & strengthening of the US$, buying Liihen is the safest!!!
Sold all Hengyuan & PetronM then buy in this furniture counter.

steven_c

97 posts

Posted by steven_c > 2022-05-06 17:58 | Report Abuse

High inflation is not a good signal for a growing economy, rather a worrying signal that economy will slow down quicker due to consumers being more cautious. High inflation to food costs, raw commodities, energy, logistics will all lead to less spending on unnecessary items like apparel and furniture. But strengthening of US$ does make export cheaper which supports Lii Hen's bottomline.

Posted by NatsukoMishima > 2022-05-11 10:15 | Report Abuse

The White House is reviewing the penalties imposed under former President Donald Trump — which raised prices on everything from diapers to clothing and furniture — and could opt to remove them altogether, Biden said in addressing the nation from Washington on Tuesday.

Finally , the worst news come to hit Malaysia furniture industry after glove once again China furniture will rob your market !

steven_c

97 posts

Posted by steven_c > 2022-05-11 13:37 | Report Abuse

@Natsuko I don't think Biden will dare to do that as most Americans still prefer trade war with China due to negative perception and cold relations with China. The way I see it, Biden may even lose the coming elections and won't be surprise if Donald Trump makes a come back. You may disagree with me but Donald Trump did a better job than what Biden did.

steven_c

97 posts

Posted by steven_c > 2 months ago | Report Abuse

Good job Lii Hen! Good to know you are powering back to where you were pre-pandemic. May you also one day reinstate special dividends too :)

Posted by jacksonliam341 > 2 months ago | Report Abuse

If full vaccination would be able to prevent this in future, I foresee quarterly EPS to normalise to around 15 sen per share due to raising demand for wood furniture in the US. Don't forget that Liihen is still in expansion mode even if under pandemic.

For this particular stock at the present, I couldn't figure a better time to buy it, for a handsome capital return when she announces next quarter earning after CNY 2022.

https://gordonbullard.com/

bullrun1985

1,194 posts

Posted by bullrun1985 > 2 months ago | Report Abuse

Anyone still holding Liihen here????

Posted by jack daniel > 2 months ago | Report Abuse

just top up 70lot on monday...

teofrank

17 posts

Posted by teofrank > 2 months ago | Report Abuse

any outcome AGM?

starcam

49 posts

Posted by starcam > 1 month ago | Report Abuse

Bonus Issue
LII HEN INDUSTRIES BHD.

Entitlement subject Bonus Issue
Entitlement description LII HEN INDUSTRIES BHD ("LHIB" OR "COMPANY")

BONUS ISSUE OF 359,999,976 NEW ORDINARY SHARES OF LHIB ("LHIB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING LHIB SHARE HELD AS AT 5.00 P.M. ON 1 JULY 2022 ("ENTITLEMENT DATE")

https://www.bursamalaysia.com/market_information/announcements/company...

Posted by observatory > 1 month ago | Report Abuse

WILMINGTON, N.C. — Rising inventories, orders placed months ago still in the pipeline softening demand are confronting furniture retailers with fresh challenges in the pandemic’s wake.

With so much product on hand and on the way the industry’s long overdue price increases could be at risk due to the potential for discounting to move goods. That’s particularly worrying since those price hikes were largely tied to increases in raw materials and transportation costs. With declining unit sales, potential discounting poses a particular threat to margins.

https://www.furnituretoday.com/furniture-retailing/retailers-grapple-w...

Posted by NatsukoMishima > 1 month ago | Report Abuse

After 6 months become 60 - 7x sens !

Posted by observatory > 1 month ago | Report Abuse

High end furniture chain RH slashed its 2022 revenue outlook.
https://www.cnbc.com/2022/06/29/rh-shares-slide-after-company-lowers-i...

Posted by NatsukoMishima > 1 month ago | Report Abuse

60-70 sens only buy in !

Posted by NatsukoMishima > 1 month ago | Report Abuse

China furniture will hit malaysia furniture sector soon if US tariff lifted !

Posted by NatsukoMishima > 1 month ago | Report Abuse

90 sens is a good price to take profit !

Posted by NatsukoMishima > 1 month ago | Report Abuse

60-70 only consider buy batch by batch , now is too high risk to buy furniture stock , just like glove hit by China !

Posted by NatsukoMishima > 1 month ago | Report Abuse

Sell bonus share take profits as soon as possible is the safest way to earn money , dont be like top glove 2.0 !

steven_c

97 posts

Posted by steven_c > 1 month ago | Report Abuse

We cannot write off a possibility Donald Trump may get re-elected as President of US again. His supporters are huge and strong. High chances he will be nominated by Republicans to topple Dems in the coming midway elections. Thus, Trump will again run a boycott China campaign.

Posted by NatsukoMishima > 1 month ago | Report Abuse

Dont hesitate just sell off all bonus share to take profits before it drop to 60 sens ! Dont be top glove 2.0 ! During recessions and gloomy economic forcast furniture sector will be the worst impacted !

Posted by NatsukoMishima > 1 month ago | Report Abuse

Next week can see 0.6x already !

Posted by jack daniel > 1 month ago | Report Abuse

ahhaha... full confident......... if 0.6x add more. gud luck for you.

Posted by LcKevinLee > 3 weeks ago | Report Abuse

the cheapest has yet to come....

bullrun1985

1,194 posts

Posted by bullrun1985 > 3 weeks ago | Report Abuse

all sell mode, sell share, sell bonus, then the price go up. pls sell more

sasword

1,015 posts

Posted by sasword > 1 week ago |

Post removed.Why?

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