Thank you, Beza, though I have confidence & won't sell at this price since my first TP is RM4, any increase in price is always good thing to enjoy.
Top up a lot when price went down to RM2.90+, hope the coming QR won't disappoint us. GOGOGO!!!
--------------------------------------------------------------- Posted by Beza > Aug 15, 2016 05:09 PM | Report Abuse Congratulations to all shareholders especially moneySIFU who is so happy.
@filidon That's really a good news. From what i got from my research, Lii Hen top 3 US importers are Farmers Furniture, Coaster Co. of America and Aaron Rents, Inc. Tracking their news might be useful as well.
@Abismail I am not sure about Walmart, but Nebraska Furniture Mart is their customer also. Both marts owned by Warren Buffett but not sure if they are linked to each other.
Lii Hen has ROE 28%, 7-8% dividend yield, PE 9, forward PE 7, Net Cash position, increasing profits over 10 quarters, good US home sales for Q2, these are plus points for Lii Hen! Let's hope for the best for Q2FY16 result. :)
place hope on this counter can achieve bravo result like public bank, and worth to keep medium to longer term to collect Dividen yearly and share price raise up steady. Haha
Actually if we take a closer look, Lii Hen "Profit Before Tax" of rm22.25 million for 2QFY16, is higher than all previous quarters profit before tax for FY15, except 1QFY16.
Profit Before Tax:
2QFY16: RM 22.248 mil 1QFY16: RM 27.787 mil 4QFY15: RM 21.734 mil 3QFY15: RM 18.923 mil 2QFY15: RM 17.456 mil 1QFY15: RM 13.870 mil
Result consider good.Keep hold to growth together.If drop then top up some.2quarter adi gain rm0.12 dividen,only 2quarter.There ia another two quarter waiting and belive one yr should can atleast get rm0.16 or higher.And expect some surprise.Lol.Go go go
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....
Abismail
651 posts
Posted by Abismail > 2016-08-15 17:11 | Report Abuse
Will topup after QR