LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.965

Today's Change

-0.01 (1.03%)

Day's Change

0.96 - 0.975

Trading Volume

620,000


29 people like this.

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

YH Chan

38 posts

Posted by YH Chan > 2017-04-26 20:39 | Report Abuse

AGM on 13/06/2017 ya.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-26 21:05 | Report Abuse

Yupe, 13/6/2017. Planning to take leave and attend this AGM :)

Yipman

391 posts

Posted by Yipman > 2017-04-27 12:18 | Report Abuse

4sen dividend declared yesterday. Hmm... so promising dividends.

Yipman

391 posts

Posted by Yipman > 2017-04-27 12:19 | Report Abuse

I will attend the coming AGM. See you all there.

nakata

306 posts

Posted by nakata > 2017-04-27 18:28 | Report Abuse

Johor is too far from my end :(

AbbyTan

71 posts

Posted by AbbyTan > 2017-04-27 21:28 | Report Abuse

So early announcement ooo even AGM not yet conduct

xuewenapeng

1,144 posts

Posted by xuewenapeng > 2017-04-27 21:42 | Report Abuse

Lots of dividend s coming in see ya I will buy only if it drop to 3.05

Wind1111

14 posts

Posted by Wind1111 > 2017-04-28 07:13 | Report Abuse

Latest annual report shows fund managers buy Liihen , EPF a new shareholder.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-04-28 07:25 | Report Abuse

KYY still holding 17mil shares and now he had stopped selling Liihen shares, for a while it seems. But I think this fox will start to sell once the results are out by end of May 2017.

Posted by makesomemoneyonly > 2017-04-29 14:40 | Report Abuse

where got epf as a share holder

xuewenapeng

1,144 posts

Posted by xuewenapeng > 2017-04-29 16:15 | Report Abuse

Can sel now

Max2838

479 posts

Posted by Max2838 > 2017-05-02 09:34 | Report Abuse

KYY sold 2M shrs before 2016 Annual Report was out. He may be mistaken as Liihen is expanding its operations in 2017 with new factory bot in Apr2016.

Nobsinves

32 posts

Posted by Nobsinves > 2017-05-02 17:19 | Report Abuse

Luckily i collect abit at3.0x
Thanks for cheap cheap stock heehee

nakata

306 posts

Posted by nakata > 2017-05-02 18:31 | Report Abuse

@Max2838, could you further detail on new factory bot in Apr 2016 ?

Max2838

479 posts

Posted by Max2838 > 2017-05-02 18:39 | Report Abuse

If y

Max2838

479 posts

Posted by Max2838 > 2017-05-02 18:52 | Report Abuse

If you read the 2016 Annual Report pg 150 under List of Material Landed Properties, the last property is a 9049 sq m. factory bldg acquired in Apr 2016. Then look at pg 7 on Operational Developments, it is stated by Mgt that factory will be operational by 2017 and capacity will be increased by 10%.
Maybe KYY knows about expansion, I dunno.....but he sold before report released

tjunkie

123 posts

Posted by tjunkie > 2017-05-02 18:57 | Report Abuse

KYY sold not because change in fundamental but because he needs to cover his Jaks purchase

Max2838

479 posts

Posted by Max2838 > 2017-05-02 19:02 | Report Abuse

Some will sell export stocks like gloves and wood because of US Dollar weakening against Ringgit.... but this is only temporary. Where are the drivers for a strengthening Ringgit ?
....unless Gov't demand exporters to return 90% of export sales (currently 75%)
..... don't see much consumption and employment stats to support a bustling Economy

nakata

306 posts

Posted by nakata > 2017-05-02 21:54 | Report Abuse

Thanks Max for enlightenment !

xuewenapeng

1,144 posts

Posted by xuewenapeng > 2017-05-02 22:26 | Report Abuse

Will buy when touch3

optimus9199

2,794 posts

Posted by optimus9199 > 2017-05-02 22:56 | Report Abuse

KYY just furnished the report to Bursa coz he is dependent on James Ong, his spy to JAKS director, just returned from an overseas trip. This transaction must had been done 1-2 weeks ago.

zoizai

1,351 posts

Posted by zoizai > 2017-05-03 21:10 | Report Abuse

why KYY keep throwing this counter? any bad news ?

Ggwpbro

197 posts

Posted by Ggwpbro > 2017-05-03 21:41 | Report Abuse

Careful ah, industry no good. How good management is also no use

mamatede

3,950 posts

Posted by mamatede > 2017-05-03 22:29 | Report Abuse

Please don follow that old geezer kyy in any tradings move. There's many instant his move is bad for us small retailer. Liihen has continuously perform well throughout the year, example 2010-2014 where USD/Myr is traded at RM3.++, Liihen still grows its revenue consistently.

pathfinder

374 posts

Posted by pathfinder > 2017-05-04 07:36 | Report Abuse

Glad to see someone has faith enough to buy 2 million shares from kyy. Only 2 weeks more to the next quarter report. I expect it to be good because the usd was stronger by 6% compared to same period last year. We are also not handicapped by a RM6 million forex loss like Q1 2016.

chanyh

195 posts

Posted by chanyh > 2017-05-04 13:05 | Report Abuse

Is okay, can accumulate more for their generous dividend when share price dropped while waiting for capital gain in future >.<

ongmari

2,003 posts

Posted by ongmari > 2017-05-04 17:28 | Report Abuse

keep lah 3.5 next 9 months

Max2838

479 posts

Posted by Max2838 > 2017-05-04 18:07 | Report Abuse

From KYY's own words in his blog written on 15Aug 2017
...http://koonyewyin.com/2016/08/15/the-mistake-of-selling-when-the-price-is-rising/

"...Fortunately, I admitted my mistake of selling early and bought back to become substantial shareholders of these 3 companies.

As you can see, Lii Hen has been producing increasing profit in the last 8 quarters and its earning per share (EPS) was 11.68 sen in 1st Q 2017 in comparison with 5.97 sen 1st Q 2016. If you have sold earlier, it is advisable to buy back now at around Rm 3.08 per share.

You must ask yourself these questions:

In the last 2 years, did you buy any of them?
If you have bought, when did you sell?
And did you buy back at higher prices?... "

So, If KYY has been selling at RM3.08 today, then his ethical preaching has flew out of the window...

I am still wondering who is selling at 3.08 today ?

optimus9199

2,794 posts

Posted by optimus9199 > 2017-05-04 23:10 |

Post removed.Why?

Patrick13

1,971 posts

Posted by Patrick13 > 2017-05-05 10:22 | Report Abuse

I will attend AGM hopefully.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-05-06 00:23 |

Post removed.Why?

Max2838

479 posts

Posted by Max2838 > 2017-05-06 11:02 | Report Abuse

anyone attending AGM? pls tell BOD to forget about rubber estate & planting... leave it to the planters. Liihen is good at making bed furniture, stick to your furniture business. Raw material prices go up&down, concurrently you change your furniture prices. The wood from your rubber estate is never enough for your furniture business. Tell BOD to think big on expansion (new demand & production) on what you do best...

omgimnoob

514 posts

Posted by omgimnoob > 2017-05-06 21:15 | Report Abuse

And solve the labor issue with improve automation of their machines.

anicca

337 posts

Posted by anicca > 2017-05-09 18:09 | Report Abuse

get ready for price push prior coming quarterly results....accumulation-consolidate

nakata

306 posts

Posted by nakata > 2017-05-10 15:15 | Report Abuse

Hope so :), i wish Liihen will impress us in coming quarter, taking count on strong dollar and demands.

pathfinder

374 posts

Posted by pathfinder > 2017-05-10 15:48 | Report Abuse

I hope so too.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-05-10 21:08 | Report Abuse

Just to take note RM/USD already appreciate to 4.32 level. So it could slightly impact Liihen profit for the following quarters.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-05-11 00:15 | Report Abuse

liihen busines does doing good so far. just read it annual report. better little than last 2015

ongmari

2,003 posts

Posted by ongmari > 2017-05-11 10:02 | Report Abuse

9 to 11 cents eps coming result 20 to 23 May....pe 10 = 3.6

ongmari

2,003 posts

Posted by ongmari > 2017-05-11 10:07 | Report Abuse

i believe director sell out is to create small investor to sell...so they can buy via nominees....if next results inline to 150 to 160 mil rev and profit at 18 to 20 mil..the stock will have to revalue...

chanyh

195 posts

Posted by chanyh > 2017-05-11 10:13 | Report Abuse

In fact only one big shareholder sell out while director spouse buying in recently...Waiting for good quarter result, ringgit appreciate is one of the concern.. >.<

jackfruit

544 posts

Posted by jackfruit > 2017-05-11 10:33 | Report Abuse

Liihen break record profit in 2015 and again in 2016. Expected again to break profit record in 2017. With this type record every year, Liihen going to be a world class company.

CanCan168

65 posts

Posted by CanCan168 > 2017-05-11 10:38 | Report Abuse

got special dividen

ongmari

2,003 posts

Posted by ongmari > 2017-05-11 11:12 | Report Abuse

if can perform another 2 to 3 years with current records...it will be like latitude tree..5++

Patrick13

1,971 posts

Posted by Patrick13 > 2017-05-11 11:56 | Report Abuse

So far Mr. KYY already sold out 7,376,500 shares within one month's time. But market absorbed it well as the closing price range between 3.09 to 3.19.

nakata

306 posts

Posted by nakata > 2017-05-11 17:38 | Report Abuse

I just found the director spouse is actually the factory manager :)

nakata

306 posts

Posted by nakata > 2017-05-11 17:39 | Report Abuse

The factory manager is buying, so what's that means :)

Syimgoku

150 posts

Posted by Syimgoku > 2017-05-11 17:47 | Report Abuse

When the quarterly result released... must add bit by bit

Syimgoku

150 posts

Posted by Syimgoku > 2017-05-11 17:48 | Report Abuse

CanCan, is it true will hv special div...

jackfruit

544 posts

Posted by jackfruit > 2017-05-11 17:57 | Report Abuse

Special dividen 10 sen already paid in March. Now waiting for final dividen 4sen to be paid in July and coming 1st interim dividen to declared soon.

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