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

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-05 09:06 | Report Abuse

Funny to hear that Liihen does have any growth news or plan

1) AR FY2016 Page 7 under Operational Developments, FY2016 one of subsidiaries, FDSB has acquired a leasehold factory building for RM5.6 million. In addition, FDSB also expected to incur RM4.2 million on factory buildings & on the existing vacant freehold land. These projects are expected to complete in FY2017 and capacity will expect to increase by 10%.

2) On 29 May 2017 Bursa Announcement, FDSB submitted the proposed acquisition of DPSB with purchase acquisition of RM19,738,000. The most valuable asset of DPSB is industrial complex with net revaluation surplus of RM16.89 million. Once acquisition is completed, FDSB can save the rental payment to DPSB and owns the property for internal use.

3) Plantation of rubber wood business (established less than 2 years old, considered as immature assets). The management expects 20 years to complete the harvest of the rubber wood trees planted [AR Page 107&108 under intangible assets]

leecuteguy

475 posts

Posted by leecuteguy > 2017-06-05 23:37 | Report Abuse

drop but index up. something wrong.

mamatede

3,950 posts

Posted by mamatede > 2017-06-06 07:59 | Report Abuse

nothing is wrong, old man is selling

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-06 08:28 | Report Abuse

Who's going to AGM @ 13/6 in Muar?

Jenson123

73 posts

Posted by Jenson123 > 2017-06-06 18:42 | Report Abuse

Juz check klse p/e

anicca

337 posts

Posted by anicca > 2017-06-06 20:24 | Report Abuse

dollar weakening arggghhh...seems like the cycle restarts again.. need to break 3.4 first hmmm

huahtai98

770 posts

Posted by huahtai98 > 2017-06-06 20:28 | Report Abuse

Dollar strengthening, rather....let's wait and see.

pathfinder

374 posts

Posted by pathfinder > 2017-06-06 20:34 | Report Abuse

Koon now below 5%

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-06 20:39 | Report Abuse

KYY sold another 220 lot shares, finally ceased as a substantial shareholder.

huahtai98

770 posts

Posted by huahtai98 > 2017-06-06 22:50 | Report Abuse

Selling en bloc will be more gentlemanly and manly.

nakata

306 posts

Posted by nakata > 2017-06-07 00:24 | Report Abuse

not offence, Hopefully KYY will use the Liihen money to take over Xingquan,since share price is cheap now and he is substantial shareholder too, people who bought the counter will appreciated much if he do so, i still believe Xinquan business run by experienced local business man could be successful and surely more investor will invest in with confident due to transparency.

huahtai98

770 posts

Posted by huahtai98 > 2017-06-07 12:23 | Report Abuse

Tycoon has just left liihen....byebye and good luck to you.

mamatede

3,950 posts

Posted by mamatede > 2017-06-07 17:19 | Report Abuse

kyy below 5% can be tricky as he is not substancial holder anymore. buy sell.nobody see.

Wind1111

14 posts

Posted by Wind1111 > 2017-06-07 19:48 | Report Abuse

Tycoon still the largest individual shareholder with 8m plus shares.

andychk

68 posts

Posted by andychk > 2017-06-07 20:48 | Report Abuse

Uncle koon now only hv less than 5% share,director now can declare bonus issue Loh, dun want let uncle earn too much, LOL

andychk

68 posts

Posted by andychk > 2017-06-07 20:48 | Report Abuse

Anyone attend AGM pls suggest this to director,lol

Posted by avex546322 > 2017-06-07 21:33 | Report Abuse

This remind me after Vincent Tan sold the Magni share, then Magni began to release its value, hopefully Liihen will be the same after KYY sold all his Liihen share.

RainT

8,448 posts

Posted by RainT > 2017-06-07 22:25 | Report Abuse

After Koon left , hope miracle do happen for Liihen

I have been holding Liihen for more than 1 year and the price always in similar range for 1 year

Posted by AdrEan Thian > 2017-06-07 23:27 | Report Abuse

I hav been holding for more than 1y too

red_85

1,259 posts

Posted by red_85 > 2017-06-08 03:06 | Report Abuse

I hav been holding for more than 4y

Jay

1,126 posts

Posted by Jay > 2017-06-08 09:53 | Report Abuse

kyy needs to support his jaks and sendai. fundamentally liihen valuation is still cheap and doing well, not to mention its high dividend yield. seems like the older he gets, the more speculative he becomes. hopefully he doesn't lose his retirement fund, especially when he's playing with margins

Max2838

479 posts

Posted by Max2838 > 2017-06-08 10:21 | Report Abuse

Ty-Koon is not concerned on safety in stock investments, he has funds to last him a few lifetimes....he just wants to show you older people are smarter when it comes to making quick gains in the market.

Just hoping that there is no black swans in Sendai & Jaks to spoil his partying...

Max2838

479 posts

Posted by Max2838 > 2017-06-08 10:26 | Report Abuse

With lots of funds, he can push up or down for quick gains, see what Ty-Koon can do wonders to XingQuan... 'tis better the BOD of Liihen listen more to him

mjsim1990

67 posts

Posted by mjsim1990 > 2017-06-08 10:26 | Report Abuse

the prominent investor already earn up to 600%, if I'm him I would be selling too :) capital gain is no longer the main objective investing in Liihen

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-08 10:27 | Report Abuse

I'm holding less than 1 year only. Haha.

BunnyK

1 posts

Posted by BunnyK > 2017-06-08 16:59 | Report Abuse

Hi I am new here, just bought some. May I know why is Tycoon KYY leaving is a good thing for LiiHen?

RainT

8,448 posts

Posted by RainT > 2017-06-08 17:57 | Report Abuse

BunnyK
Koon Yew Yin hold too much Liihen shares and if he sell , share price will drop a lot
Before this , he is substantial shareholder of Liihen

RainT

8,448 posts

Posted by RainT > 2017-06-08 18:02 | Report Abuse

Red85

You hold more than 4 years ?????

What make you hold so long ? There are other more better opportunities put there

Much more better company out there ....Superlon, Padini

anicca

337 posts

Posted by anicca > 2017-06-08 21:33 | Report Abuse

MYR expected to strengthen to 4.1-4.0 by year end...bumpy road aheads for export counter unless able ro sustain a good result

kkll

2 posts

Posted by kkll > 2017-06-08 23:09 | Report Abuse

With falling oil price , MYR can weaken to 4.4-4.5 again

suregain

1,611 posts

Posted by suregain > 2017-06-08 23:23 | Report Abuse

Game over... betet sell.. big shark left

red_85

1,259 posts

Posted by red_85 > 2017-06-09 00:23 | Report Abuse

haha...the reason i hold so long because is their dividend yield..
is ok, it just 15% of my portfolio...somemore my cost is super low..if you check 4 years ago price.. :-)

chanyh

195 posts

Posted by chanyh > 2017-06-09 12:56 | Report Abuse

your passive income every quarter, congrate @red_85 :-)

Posted by AdrEan Thian > 2017-06-09 23:11 | Report Abuse

@red_85 what's ur DY now? almost 20% p.a ?

red_85

1,259 posts

Posted by red_85 > 2017-06-09 23:54 | Report Abuse

my cost is around 0.80..you calculate the DY yourself..haha...
but normally i didn't calculate like that, i always calculate based on the market price instead of my cost price..if dividend yield of current market price still attractive, i wont sell even though the company profit growth is slower...
i would treat liihen as a defensive stock currently, the stock that give you high dividend won't let you die 1...

red_85

1,259 posts

Posted by red_85 > 2017-06-09 23:55 | Report Abuse

if 1 day liihen growth become negative and surely dividend will be reduce...if that time i have better investment, i might sell it off too..but so far, my plan is hold for this stock..

red_85

1,259 posts

Posted by red_85 > 2017-06-10 00:00 | Report Abuse

my investment strategy are:
1. High dividend yield (高股息)
2. Defensive (安全性)
3. Growth (成长)
for liihen, it still hit 1) and 2), that why still worth to hold....
liihen is defensive stock in my portfolio....

Posted by AdrEan Thian > 2017-06-10 00:09 | Report Abuse

0.80 !!! just the dividend will be attractive enough

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-10 10:38 | Report Abuse

Great job red_85, in terms of dividend yield, definitely Liihen is better choice than Superlon, Padini

ongmari

2,003 posts

Posted by ongmari > 2017-06-11 11:33 | Report Abuse

likely to retest 3.45? next 3 months...

Wind1111

14 posts

Posted by Wind1111 > 2017-06-11 12:00 | Report Abuse

More fund managers are holding this stock, that will provide price stability.Supply will reduce after tycoon clear his shares. Be patient, price will start moving up in few months time.

RainT

8,448 posts

Posted by RainT > 2017-06-11 12:29 | Report Abuse

Wind1111

Hopefully , finger cross

Hope for the best

RainT

8,448 posts

Posted by RainT > 2017-06-11 12:29 | Report Abuse

Wind1111

From where you know more and more fund manager are holding this stock ???

pathfinder

374 posts

Posted by pathfinder > 2017-06-12 08:05 | Report Abuse

I think what he says is plausible. Though koon is sellling massively the price has not fallen like a stone. There were also large million share off market transactions.

vzcb1t

86 posts

Posted by vzcb1t > 2017-06-13 10:17 | Report Abuse

Would anybody attended the AGM yesterday share what's happened yesterday?

Posted by littlelantern > 2017-06-13 11:41 | Report Abuse

any good news from AGM today?

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-13 13:27 | Report Abuse

Mr KYY attend Agm today. He and another shareholder keep shooting the board about the share prices. Mr KYY also advise the board to diversity the biz eg. Power station in Vietnam as an example.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-13 13:28 | Report Abuse

Today also got one ah mo attend and ask about plantation business and acquisition of dpsb property.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-13 14:39 | Report Abuse

One new I think is positive is that the Board revealed that Liihen currently is being researched by Leong Hong Bank for small scale scheme, hopefully it can help to enhance publicity information and attract more institutional fund investors to boost the share price.

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