I used the quarter report data in the link above and potted a graph. Net profit in last 4 quarters are 12 Mil, 15, 18 Mil, and 21 Mil. Profit Margin on the other hand is 9.7%, 11.2% , 12.4% and 12.7%. The revenue in last 8 quarters is also in nice uptrend from 101 Mil in Q3 2014 to 165 Mil in last Q2 2016, a smooth uptrend and not roller coasters seen in many counters. While I agree with all sifus here that history doesn't guarantee future, I am actually looking for companies with nice net profit, profit margin and revenue trend like Lii Hen.
double bottom is formed, now is the period to shake weak investors out from the stocks, once big volume comes in, it will fly to another high side, the quarterly results need to be chun chun....
Hi Brian Yes after the last qtr announced then director disposed So meaning they might know coming qtr not good so faster take profit If not result out in this August then will gap down
"It said the growth in June 2016 was supported by three major sub sectors electrical and electronics products (9.1%), petroleum, chemical, rubber and plastic products (5.0%) and wood products, furniture, paper products, printing (10.1%)."
Retail sales data for July is really bad and not good for US fed if they are going to raise the interest rate. However, there is some bright spot showing consumers are now shopping online more than retail. And surprisingly furniture sales is still bright in the July report.
"Automobile, furniture and online sales were bright spots in the July report. Sales at auto dealerships increased 1.1 percent last month after rising 0.5 percent in June.
Online retail sales jumped 1.3 percent, while receipts at clothing stores fell 0.5 percent."
Many people have asked me whether you should sell Lii Hen since it has gone up more than 500% in the last 2 years?
Has Lii Hen not shown reduced profit in 2 consecutive quarters? It has been showing increasing profit in the last 10 quarters. Even it shows reduced profit for one quarter you should not sell because its products may be seasonal.
Moreover, its last quarter's EPS was more than 11 sen and the share is selling around Rm 3.08. It is cash rich!.
I have written to the Board of directors to consider warrant issues in their next meeting on 19th Aug 2016.
I am obliged to tell you that this is my largest investment.
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....
Yap Yong Teck
8 posts
Posted by Yap Yong Teck > 2016-08-03 12:36 | Report Abuse
End of the month, quarter results released and dividend announced, it will up again to previous price. haha. :)