LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.97

Today's Change

+0.005 (0.52%)

Day's Change

0.96 - 0.97

Trading Volume

61,900


29 people like this.

11,173 comment(s). Last comment by Cipta 1 month ago

boldrun88

528 posts

Posted by boldrun88 > 2016-05-27 11:58 | Report Abuse

Great decision ...great earnings

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 11:59 | Report Abuse

Up, I happy but won't sell. Down I don't mind as I can collect more. All financial figures & results pointed to one direction, so nothing to worry about.

Can't control other investors' behaviour as some may think there are better options after taken their profits here. Wish them good luck.

Those still hold Lii Hen, also good luck to you, and me \(^-^)/

probability

14,460 posts

Posted by probability > 2016-05-27 13:54 | Report Abuse

Excluding forex effects, compared AA, liihen business is better...wood and timber is getting dirt cheap as it is Fuel to AA.

AA is prone to competition, risk of fuel price hike, huge debt...this one got moat-special value addition - unique furniture design & key customers, where competitors cant easily penetrate.

probability

14,460 posts

Posted by probability > 2016-05-27 15:04 | Report Abuse

next qtr AA will report forex loss...liihen forex gain.

henry0420

35 posts

Posted by henry0420 > 2016-05-27 15:07 | Report Abuse

Happy for counter which give dividend every quarter result :-) Plus more its cash flow yield very healthy!

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 15:19 | Report Abuse

It is getting harder to find a stock to distribute dividend every quarter. That's one of the reasons I choose Lii Hen & Poh Huat and did not go for Latitude.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 15:20 | Report Abuse

One thing I have been curious is I thought RM will be stronger as Oil is going up. Even it is getting USD50 also not much help. What if Oil price go back to below USD40?

Abismail

651 posts

Posted by Abismail > 2016-05-27 15:45 | Report Abuse

Imdb and foriegn seller effect the RM

Abismail

651 posts

Posted by Abismail > 2016-05-27 15:49 | Report Abuse

Moneysifu...what price can i buy poh huat

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 16:27 | Report Abuse

Wow, 100k shares were sapu at RM2.69 in 2 minutes, someone is buying

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 16:28 | Report Abuse

But someone is also blocking at RM2.69, haha, funny

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 16:31 | Report Abuse

Hi Abismail, I have both at the beginning, quite equally. After Lii Hen & Latitude released QR, I focus on Lii Hen at the moment.

I still keep Poh Huat & see how the QR next month.

If as good as Lii Hen, I will add more. If as bad as Latitude, no choice, got to sell & switch all to Lii Hen.

probability

14,460 posts

Posted by probability > 2016-05-27 16:31 | Report Abuse

Tan Bee Eng is a tricky fellow also...

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 16:32 | Report Abuse

Oh, who is Tan Bee Eng?

probability

14,460 posts

Posted by probability > 2016-05-27 16:33 | Report Abuse

http://liihen.blogspot.se/2013/09/part-14-real-shenanigans-behind-lii-hen.html

there are 14 parts...did not really go through...don't care also...lol!

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 16:36 | Report Abuse

Haha, old stories

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 16:37 | Report Abuse

Result is king, others go aside.

probability

14,460 posts

Posted by probability > 2016-05-27 21:42 | Report Abuse

seems like King of all furniture/wood related stocks to me......

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-27 22:55 | Report Abuse

Agreed, probability, FLB, Hevea, SHH & Latitude are behind now.

The next is Poh Huat. Margin wise, impossible to beat Lii Hen, but once the orders & revenue in RM can match with Lii Hen, then I will win both, as I started equal % in Lii Hen & Poh Huat.

gwansoo

307 posts

Posted by gwansoo > 2016-05-27 22:57 | Report Abuse

Notice that Lii Hen revenue has finally on par with Latitude. In other word, Lii Hen already over taken Latitude as the largest furniture exporter company in Malaysia.

Instead of focusing on currency rate which i always consider it as a bonus for its profit, it's wiser to always keep an eye on US housing market condition.

"An increase in the number of homes changing hands is critical for economic growth because with each sale to a new buyer, large purchases necessarily follow: refrigerators, furniture, all sorts of other household goods and services.

It’s not only pending home sales that are looking a lot better. New home sales also jumped in April by their biggest amount in nearly a quarter century to an 8-year high."

quoted from http://blogs.reuters.com/macroscope/2016/05/27/breakout-for-the-u-s-housing-market/

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-27 23:24 | Report Abuse

With the just ended quarterly results, i can see a few things :

- most export oriented stocks took a bad beating due to strengthening of MYR Jan - March 2016.
- stocks that depend too much on forex performed badly and incur unrealized losses without having an increase in revenue
- stocks that performed well are those whom has growth with higher revenue generated in the period.
- higher revenue generated not necessarily will translate to higher profits.
- stocks which perform fairly well are those which had been long established in the market; thus generating more sales.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-30 09:39 | Report Abuse

wow liihen really vrooommmmmm

boldrun88

528 posts

Posted by boldrun88 > 2016-05-30 09:50 | Report Abuse

Yess...go go go

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-30 14:32 | Report Abuse

USD 4.12 now....export stocks back into play.
Also US markets growing with higher houses hold sales, I expect Liihen to continue to produce spectacular results in AUgust.

All eyes will be on its AGM on June 1st.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 14:49 | Report Abuse

No where to go, one way up only, how?

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 14:53 | Report Abuse

Go go go!!!

Posted by Koay Yi Chuan > 2016-05-30 15:20 | Report Abuse

One of the main winners among exporters in my opinion (Thong Guan & Hevea are the other two). Lii Hen should come back with a vengeance with USD bull coming back.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 15:25 | Report Abuse

Those sold to me at RM2.57 last Friday should be crying now.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 15:28 | Report Abuse

Better slow slow up, rather than fast up & fast down

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 15:39 | Report Abuse

Wow, 2.78, hope poh huat can deliver result as good as Lii Hen

Icon8888

18,658 posts

Posted by Icon8888 > 2016-05-30 15:40 | Report Abuse

moneysifu... errr... nothing... never mind...

Posted by moneySIFU > May 30, 2016 03:39 PM | Report Abuse

Wow, 2.78, hope poh huat can deliver result as good as Lii Hen

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 15:43 | Report Abuse

Mr Icon, still can't fight AA, your AA-C31 is crazy now

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-30 17:01 | Report Abuse

Agreed, now not only USD improved, but the business prospect itself has been growing stronger & stronger.

------------------------------------------
optimus9199 USD 4.12 now....export stocks back into play.
Also US markets growing with higher houses hold sales, I expect Liihen to continue to produce spectacular results in AUgust.

All eyes will be on its AGM on June 1st.
30/05/2016 14:32

Posted by Kin Fai Hoo > 2016-05-30 20:10 | Report Abuse

finaly,,,,break the ice,,2.72 buy in half year already,,

Posted by Kin Fai Hoo > 2016-05-30 20:11 | Report Abuse

2 morrow,,,3.00,,,,

Posted by Bad_Investor > 2016-05-30 20:55 | Report Abuse

please break 2.80.....

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-30 21:19 | Report Abuse

Today chart is bullish maribuzou....i think tomorrwo can gap up further to 2.80 before testing 3.00

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-05-30 23:44 | Report Abuse

Collecting all the way from RM2.50 to RM2.70, then down to RM2.60, Lii Hen has now become one of my largest investment.

With annualised EPS about RM0.44, low PE & bright future prospect, there are more to come.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-05-30 23:47 | Report Abuse

Hope both Poh Huat & Lii Hen can ride on the strong US economy & current currency rate.

Gainvestor

161 posts

Posted by Gainvestor > 2016-05-31 00:42 | Report Abuse

http://gainvestor10sai.blogspot.my/2016/05/liihen-time-to-shine-ii.html
LIIHEN, going strong despite USD weakening...

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-31 09:14 | Report Abuse

2.81 now!!

Icon8888

18,658 posts

Posted by Icon8888 > 2016-05-31 09:16 | Report Abuse

you are not the real optimus

the real optimus is full of cynicism and negative energy

you are completely different

: )

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-31 09:28 | Report Abuse

Optimus is also human.....human can b optimus too

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-31 10:05 | Report Abuse

Banyak ganas ini Liihen....so i assume the free warrants thingy must be correct

gwansoo

307 posts

Posted by gwansoo > 2016-05-31 10:24 | Report Abuse

Anyone here will be attending agm tmr?

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-31 10:38 | Report Abuse

Uncle Koon

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-31 11:13 | Report Abuse

Nope, Muar is too far away from me

Abismail

651 posts

Posted by Abismail > 2016-05-31 12:09 | Report Abuse

Good for export counter

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-05-31 12:29 | Report Abuse

RM sharp drop to 4.12,not good for market but good for export companies like Lii Hen, Poh Huat & Hevea......

http://www.xe.com/currencycharts/?from=USD&to=MYR&view=12h

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