Posted by gwansoo > 2016-07-08 14:38 | Report Abuse

Well, I think they do consider SGD as safety haven.

http://www.fxnewscall.com/singapore-dollar-rise-from-brexit-worries-central-bank-mas-monetary-easing-expected/1943202/

Posted by walau2u > 2016-07-10 08:45 | Report Abuse

p

Posted by Hochimama > 2016-07-12 08:40 | Report Abuse

is it game over liao ? everyday slowly dropping

Posted by Steve Jub > 2016-07-12 11:11 | Report Abuse

downtrend?

Posted by Superb99 > 2016-07-12 11:26 | Report Abuse

not downtrend yet, still above MA200, the price now is near to the lower of Bollinger band, looks oversold position, may rebound soon. 1st support at 2.85

Posted by Superb99 > 2016-07-12 15:31 | Report Abuse

PE so low, people still dumping, gila liao

Posted by Steve Jub > 2016-07-12 15:35 | Report Abuse

down another 2.3% today

Posted by Superb99 > 2016-07-12 15:38 | Report Abuse

no worry, just keep will do, solid counter

Posted by Hochimama > 2016-07-13 11:27 | Report Abuse

No sign of recovery also. after so many days.

Posted by Good_Investor > 2016-07-13 12:40 | Report Abuse

still in downtrend mode, will hunt back at 2.60

Posted by Superb99 > 2016-07-13 15:04 | Report Abuse

this counter is meant for longer term, not like penny stocks, pe still below 10, no worry unless the next quarter results drop like shit

Posted by Superb99 > 2016-07-13 17:07 | Report Abuse

hit the lower bband, hope for a rebound tomorrow

Posted by Ngo Jeechin > 2016-07-13 19:34 | Report Abuse

I am waiting it will touch 2.53

Posted by shareinvestment7 > 2016-07-13 23:44 | Report Abuse

MYR:USD 3.94

Posted by shareinvestment7 > 2016-07-13 23:46 | Report Abuse

Liihen had performed extremely well for the past 4Q. And because the QR is too outstanding, the next EPS to beat is 21.10.

Posted by paperplane2016 > 2016-07-14 09:56 | Report Abuse

gameover, USD to go back 3.80

Posted by tradminator > 2016-07-14 10:33 | Report Abuse

can anyone explain why myr is strong? i taught when BNM decided to drop the OPR by 0.25% myr should drop

Posted by Yun Lih > 2016-07-14 12:09 | Report Abuse

What happen to liihen
Free falling
So sad

Posted by RainT > 2016-07-14 12:15 | Report Abuse

Why drop so much ?
Fundamental all is ok

Posted by gwansoo > 2016-07-14 12:26 | Report Abuse

I guess people are selling to trade property stocks. :-)

Posted by Superb99 > 2016-07-14 12:26 | Report Abuse

may be due to strengthening of RM but I bought some at 2.85

Posted by gwansoo > 2016-07-14 12:43 | Report Abuse

@tradminator When BNM cut interest rate, ringgit will weaken. However, due to Brexit, large amount of foreign fund is looking place to invest. This suggested why ringgit still strengthen when bnm cut interest rate. A lot of people underlook Malaysia economy due to its political instability.

Posted by tradminator > 2016-07-14 13:32 | Report Abuse

i taught money will flow to USD or gold

Posted by gwansoo > 2016-07-14 13:43 | Report Abuse

@tradminator you are right but I do believe they will diversify their investment. Prior to interest rate hike in December 2015, a lot of foreign fund already invested in USD.

Posted by gwansoo > 2016-07-14 13:49 | Report Abuse

@tradminator if you buy LiiHen purely due to the strength of USD, you should play forex.

Posted by gojirakingkong > 2016-07-14 13:53 | Report Abuse

Liihen does not affected by the Ringgit either weak or strong. It pegged towards the USD. That's what i understand from previous AGM. Correct me if I'm wrong

Posted by tradminator > 2016-07-14 13:54 | Report Abuse

i bought in long time ago just curious why myr strong

Posted by Superb99 > 2016-07-14 14:11 | Report Abuse

This Liihen just broke its 2.85 support..can consider other uptrend counters like Gkent, Padini, Bjauto....Liihen is in mini downtrend now

Posted by cpng > 2016-07-14 14:51 | Report Abuse

RIP

Posted by gwansoo > 2016-07-14 16:51 | Report Abuse

Whenever bnm cut rate, i do think they will cut more than once. Looking forward for a few more cuts in Q4 2016 and early 2017.

Posted by Hochimama > 2016-07-14 17:10 | Report Abuse

haih... everyday the open and closing lower as it goes

Posted by probability > 2016-07-14 20:52 | Report Abuse

People wait for Cup and Handle formation before buying...
The smarter generation TA's says...buy before the Handle forms.

Posted by cstrader > 2016-07-14 21:28 | Report Abuse

Liihen game over. Too much stale bulls. Many waiting to exit. Get out. And wait for next trend. Even best sifu already out.

Posted by Bino Caka > 2016-07-14 21:34 | Report Abuse

lol...cs trader, you are wrong, now is the time to buy in again..hehe..3.2-3.3 sell now buy at 2.88..good bargain

Posted by shareinvestment7 > 2016-07-14 22:09 | Report Abuse

if liihen unable to produce an EPS that better than last year, can it become next latitude? Think about it.

Posted by gwansoo > 2016-07-14 22:22 | Report Abuse

@shareinvestment 100% it will be.

Posted by gwansoo > 2016-07-14 22:25 | Report Abuse

Let put it in another word, if Liihen can produce an EPS even greater than its previous quarter (even though i highly doubt it can do that). Hahaha :-)

If it really produce EPS worse than last year, just cut loss.

Posted by Vizhai > 2016-07-14 23:17 | Report Abuse

cut loss before too late,

Posted by RainT > 2016-07-15 12:42 | Report Abuse

Up alreday
Go back 3.00 soon

Posted by Steve Jub > 2016-07-15 12:48 | Report Abuse

got support already?

Posted by Bino Caka > 2016-07-15 14:58 | Report Abuse

my guess is correct, buy now sell at 3.3 haha...

Posted by Hochimama > 2016-07-15 15:42 | Report Abuse

if it can break prev high of 3.29 ..with strong support .. it will fly..

Posted by probability > 2016-07-15 21:10 | Report Abuse

http://www.advisorperspectives.com/dshort/updates/New-Home-Sales

look carefully into the 'population adjusted' - NEW home sales.


Now talk about 'Existing' home sales.
I don't think people will use 'used furnitures'....so it contributes too.

http://www.tradingeconomics.com/united-states/existing-home-sales

http://www.wsj.com/articles/u-s-existing-home-sales-rise-to-fastest-pace-since-2007-1466604369

Posted by shortinvestor77 > 2016-07-17 16:11 | Report Abuse

http://www.enanyang.my/news/20160717/%E6%89%93%E9%80%A0%E7%BD%91%E4%B8%8A%E4%BA%A4%E6%98%93%E5%B9%B3%E5%8F%B0br-%E6%9C%A8%E6%9D%90%E5%AE%B6%E5%85%B7%E4%B8%9A%E6%94%BB%E7%99%BE%E4%BA%BF%E7%94%9F%E6%84%8F/

Posted by gwansoo > 2016-07-17 16:29 | Report Abuse

Thanks for sharing. Look like demand is strong. Other than traditional markets, we have strong new demand from China.

Posted by probability > 2016-07-17 16:53 | Report Abuse

alamak cannot use translator...anyone can help to translate? just the summary

Posted by gwansoo > 2016-07-17 19:38 | Report Abuse

Wooden furniture export (Jan - April) rose 12.9% when compared to corresponding period for last year. He predicts that this year total export sales will exceed RM1bil.

The growth of sales (first quarter) with respect to countries such as Philippines(55%), China(54.5%), Thailand(38.8%), and India(42.7%) and traditional markets such as US, Europe and Japan at range 20% - 30%.

Posted by probability > 2016-07-17 20:18 | Report Abuse

oh ok...its general furniture export to China. Its stated 10 billion as per the link below:

http://www.globalwood.org/market/timber_prices_2016/aaw20160501d.htm

Posted by probability > 2016-07-17 20:21 | Report Abuse

Cooperation between Malaysia and China in furniture
trade

It has been reported that Chinese government has contributed finance for the construction of the Kuala Lumpur-Singapore high-speed railway. The Malaysian Ministry of Transportation plans to focus on expanding
rail and port capacity in support of development of exports to China and the rest of the world.

According to China Customs, the value of China’s wooden furniture imports from Malaysia rose 12% to US$12.9 million, ranked seventh among the countries shipping furniture to China.

According to government sources Malaysia expects to export wooden furniture worth over RM10 billion in 2016. The market in China has been identified as a priority for Malaysian furniture exporters.

According to Cai Chuncai, President of the Malaysian Furniture Association, the value of Malaysian furniture exports to China in 2014 was RM103.7 million and rose to RM144.4 million in 2015, a year on year increase of 39%. China has become one of Malaysian top 10 furniture exporters, ranking fourteenth in 2014 and tenth in 2015.

Posted by rosetan > 2016-07-18 13:33 | Report Abuse

http://klse.i3investor.com/blogs/rarecharms/100223.jsp