Posted by Patrick13 > 2017-09-19 09:03 | Report Abuse

Very good. Market made the response very fast.

Posted by godhand > 2017-09-19 09:05 | Report Abuse

bone gor as unique foresight as ever

Posted by andr > 2017-09-19 09:06 | Report Abuse

KUALA LUMPUR (Sept 19): Hong Leong IB Research has initiated coverage on Lii Hen Industries Bhd with a “Buy” rating at RM3.31 and target price of RM5.04 based on 11x FY18 core EPS of 45.9 sen.

Posted by tokohM > 2017-09-19 09:16 | Report Abuse

once HLIB coverage, then gap up. HLIB also covered over HEVEA but few days later, dropped. This market really irrational

Posted by ongmari > 2017-09-19 09:21 | Report Abuse

hope to break 3.5 soon

Posted by ongmari > 2017-09-19 09:26 | Report Abuse

trade above 1 million to 1.5 m shares will bring it to 3.6

Posted by Superb99 > 2017-09-19 09:48 | Report Abuse

3.42 again...sienz

Posted by Superb99 > 2017-09-19 10:01 | Report Abuse

any good news for this counter or ourely undervalued?

Posted by ongmari > 2017-09-19 10:29 | Report Abuse

buy time.. vol is surpassing 400k, easily 1.1 mil trade..

Posted by ongmari > 2017-09-19 10:29 | Report Abuse

hold your horse for next level 3.7

Posted by Alex Foo > 2017-09-19 10:30 | Report Abuse

tapi....liihen heavily exposed to USD oh. and now USD dropping, boleh ah?

Posted by ongmari > 2017-09-19 10:31 | Report Abuse

long term USD may trend back 4.3

Posted by Alex Foo > 2017-09-19 10:32 | Report Abuse

i watch this counter quite long d. the reason i did not go in is because of its dividend policy. I think if i'm not mistaken, according to my last calculation, Liihen will only have around 12~13% return as reinvestment, and the rest of the profit is converted as sweet (div, 3%/4%) to the shareholders.

Posted by Alex Foo > 2017-09-19 10:33 | Report Abuse

perhaps, i'm not sure, they say next year is wood year, so need to sapu furniture stock? but i'm not into all those things. However, if furniture stock performs well fundamentally, i'll come back again.

i didn't follow up on liihen's expansion plan. anyone can tell?

Posted by ongmari > 2017-09-19 10:34 | Report Abuse

still not too late to invest with 4 rm target short term 3 months

Posted by Patrick13 > 2017-09-19 10:37 | Report Abuse

Break 3.50 soon ^^

Posted by ongmari > 2017-09-19 11:07 | Report Abuse

next dividend in play...6 to 8 cents depend on next qtr results

Posted by ongmari > 2017-09-19 11:46 | Report Abuse

1 way traffic...up with the vol hiking above 1.5 m today if sustain at 3.49 to 3.5

Posted by investodiva > 2017-09-19 11:52 | Report Abuse

Everytime also like that la, reached 3.5 will bounce down..

Posted by ongmari > 2017-09-19 11:55 | Report Abuse

should be different this time with HLB coverage..i think another institution will also soon cover this counter ....if it happens..likely to put more support to Liihen...buy at your own risk.....

Posted by foreverchung > 2017-09-19 11:56 | Report Abuse

The news just posted today. So maybe next week then only when the news die down it will bump back down lol. For those wanna take profit, leave it till tomorrow. Queue higher abit.

http://www.thestar.com.my/business/business-news/2017/09/19/lii-hen-jumps-to-record-high-after-hlib-research-starts-coverage/

Posted by noobbie > 2017-09-19 12:17 | Report Abuse

lets break 3.50....vroomm vroomm

Posted by speakup > 2017-09-19 12:18 | Report Abuse

http://www.freemalaysiatoday.com/category/nation/2017/09/19/conman-walks-away-with-rm600000-after-bank-heist/

why rob bank, when u can earn the same amount from liihen?

Posted by Fantasist > 2017-09-19 12:18 | Report Abuse

“Backed by strong balance sheet, Lii Hen is currently sitting on net cash per share of 53.8 sen. Expect a sustainable decent dividend of 26 sen/share (dividend yield of c.7.9%),” it said.

Posted by RainT > 2017-09-19 12:36 | Report Abuse

Don't happy

I bet after few days sure back to same range old price !!!!

Had been hanging in the same old range price for almost 1 year

Posted by Patrick13 > 2017-09-19 13:14 | Report Abuse

Dear RainT, I will encourage you to better take this chance to sell at this price range since you're not happy.
There are still a lot of counters other than Liihen.
No benefit for your health and life if you're holding a counter which made you unhappy for 1 year.

Posted by MoneyFace88 > 2017-09-19 13:37 | Report Abuse

Liihen is an awesome stock to hold. Poor old man sold everything and now money stuck Kao Kao in sendai.

Posted by ongmari > 2017-09-19 13:37 | Report Abuse

the stayer will win.....hope so...

Posted by MoneyFace88 > 2017-09-19 13:42 | Report Abuse

The strategy for liihen is when there is correction , buy. At current price 3.51 dividend yield is 6.27% . Strong FA , sales and profit also strong. Where to find ?

Posted by bonescythe > 2017-09-19 13:47 | Report Abuse

Yea go go go..

Posted by RainT > 2017-09-19 14:07 | Report Abuse

Very good !!

See so many support Liihen

Posted by Pgraduate > 2017-09-19 14:15 | Report Abuse

That's right moneyface...old fox now stuck with sendai
Pasar muka

Posted by meistsk3134 > 2017-09-19 14:24 | Report Abuse

Usd weak. Yet liihen strenghten. Really good independant liihen

Posted by nakata > 2017-09-19 14:35 | Report Abuse

Thanks @foreverchung for the news, TP = RM5 was recommended...it really remind me the counter of Magni last time hovered awhile from RM3.8 - 4 before shoot up to RM6, i believe the broker start tracking due to disruption of tragic Typhoon which benefited to furniture demand..

Posted by nakata > 2017-09-19 14:37 | Report Abuse

The power of media ...:)

Posted by nakata > 2017-09-19 14:40 | Report Abuse

A good case for investor who believe in fundamental

Posted by andr > 2017-09-19 15:11 | Report Abuse

holding >>> scalping. Next one like this is Atta.

Posted by ongmari > 2017-09-19 16:29 | Report Abuse

fairly good vol traded at this level...presume all contra players have changed hands

Posted by optimus9199 > 2017-09-19 17:10 | Report Abuse

This clearly mean that uncle KYY has completely sold all Liihen shares already. There were no major resistances seen during today's rally.

Posted by foreverchung > 2017-09-19 18:30 | Report Abuse

Let the working class folks come home and digest the news first, tomorrow morning they will call broker buy already. For those who don't have the confidence, then they'll queue sell take profit by tomorrow. I'mma hold till 4.06 HLIB previous TP before I even consider sell lol.

But the breakthrough may be harder to fight a bit, need to break through 3.58 (my estimate) before we can shoot to the next level. But personally I think LiiHen should be able to break through 4.00 before mid 2018. If sooner, might even be before 2017 ends.

There's alot of counter people chase. That's why this counter doesn't stand out to those with higer risk appetite. Cuz this counter is slow and steady. But they can't ignore the fact that when you pile up the bid since the beginning, you would've earned at least 20% with this counter. I held since 3.00 and now its standing at 16% return without even considering the dividends I collected.

@MoneyFace88 even with 6.27% still better than FD and that is only solely considering the dividend yield. So I'd say its pretty good counter. Hard to find.

@nakata You're welcomed. HLIB has high expectation for LiiHen, I on the other hand is more conservative. My TP is at 4.3+-. And I am expecting the current quarter and the following to be good sales for Lii Hen as the U.S. and neighboring citizens recover from the typhoon. But with the current weather pattern, its hard to say when will the next one hit. Either way, good for LiiHen.

Posted by Patrick13 > 2017-09-19 20:02 | Report Abuse

Hehe, if including dividend, my total earned is almost 20%, and gonna to be the highest total dividend i been received soon and all happened just within one year only.
Of course not a very exciting return, but this counter is safe and steady with the support of strong balance sheet.
I will looking forward TP = 4.30 with PER 10x.

Posted by RainT > 2017-09-19 22:14 | Report Abuse

Profit 30%

Posted by KedahMalay > 2017-09-20 08:54 | Report Abuse

counter profit

Posted by paperplane2016 > 2017-09-20 09:38 | Report Abuse

DIV YIELD GOOD

Posted by Alex Foo > 2017-09-20 09:43 | Report Abuse

ic....because of hurricane, U.S. needs to procure more furniture. My thinking was due to forex that hindered me from buying liihen

*sour grape* now

Posted by bonescythe > 2017-09-20 10:01 | Report Abuse

boom boom now..

Posted by ongmari > 2017-09-20 10:27 | Report Abuse

short term ...TP 4

Posted by paperplane2016 > 2017-09-20 10:29 | Report Abuse

wow, so fast

Posted by ocpd > 2017-09-20 10:34 | Report Abuse

i wonder who is the buying party? Is Liihen being driven up by funds or mass markets?

Posted by foreverchung > 2017-09-20 10:37 | Report Abuse

Lot of broker called and ask me if wanna queue buy. Looks like volume will push up. For those wanna chicken out and no confidence in Liihen please dump now. Don't hinder the push outwards.