Liihen remind me on Magni counter, when the time it selling RM3.8 - 4.00, it was low PE around 5-6 , people told to dump textile counter even it have good fundamental, they claimed textile counter always stay in low PE and others more reasons, people sold even more when they saw major stakeholder like Vincent Tan sold all the shares too, but today it teach us patience will reward us ..I think we shouldn't sell because of other sell, don't buy when other buy, we buy for own reason not because we wanna to bet for pundit's fortune.
If want to boost share price in the short term, the Board can propose 2-for-1 bonus share or share split to reward shareholders and improve volume liquidity as well, just like what happened to Luxchem now.
I think Liihen may have short term benefit from the 2 hurricanes. Harvey struck Texas 2 weeks ago and Irma is expected to hit Florida by weekend. Possible more exports to the US in these coming months. Furniture needs to be replaced in these flooded areas. Cannot be happy on other people's disasters though.
Liihen did bonus share and share split before. Either late 2015 or early 2016
Posted by Patrick13 > Sep 7, 2017 10:16 AM | Report Abuse
If want to boost share price in the short term, the Board can propose 2-for-1 bonus share or share split to reward shareholders and improve volume liquidity as well, just like what happened to Luxchem now.
RainT... i dunno how far.. but since liihen has manufacturing contract with some US furniture company.. probably it make sense to see order increase at the US side.. hence liihen need pump more furniture,then become more revenue
Usd weak due trump policy. Maybe usd will stronger, they made it value strong, so american can buy cheap from other value. Like this? If usd weak, they have to buy costly furniture
Dear RainT, I would like to advise you doing homework properly. How sure you could justify they don't have new factory expansion, venture new market etc.. ?
Sabi Rain,u duno see the quarter reports over these year's???even duno meaning should understand number figure gua,liihen sales is.keep increasing year by year,pening ini budak
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RainT
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Posted by RainT > 2017-09-02 14:08 | Report Abuse
RM4.35 please don't dream la
Liihen forever stuck at this price , cannot up