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

Posted by akulamatata > 2017-10-27 16:28 | Report Abuse

Favourite Design Sdn. Bhd. (264374-K) a subsidiary of one the public listed company LII HEN INDUSTRIES was on fire at 3.30pm just now. Major production line was not at the building, two minor production was halted not long ago at the fire incident side as shortage of labour.

Posted by truthseeker516 > 2017-10-27 16:30 | Report Abuse

lol lucky i grab some at the bottom hahaha

Slash_13

53 posts

Posted by Slash_13 > 2017-10-27 16:31 | Report Abuse

mean can buy more?

Posted by truthseeker516 > 2017-10-27 16:32 | Report Abuse

of course la, no major losses

Posted by truthseeker516 > 2017-10-27 16:32 | Report Abuse

Monday gonna rebound once the news said the fire was not a big deal

Slash_13

53 posts

Posted by Slash_13 > 2017-10-27 16:32 | Report Abuse

haha...TQVM

Posted by truthseeker516 > 2017-10-27 16:33 | Report Abuse

those who grabbed at 3.85 untung

Syndicates

875 posts

Posted by Syndicates > 2017-10-27 16:33 | Report Abuse

got insurance cover or not?

imlearning

869 posts

Posted by imlearning > 2017-10-27 16:34 | Report Abuse

my huge profit gone....wit for another round to collect more

Posted by Cheng Yeow Ng > 2017-10-27 16:35 | Report Abuse

got insurence cover

mamatede

3,950 posts

Posted by mamatede > 2017-10-27 16:36 | Report Abuse

Good reasons to claim insurance or use grant by government to go for automation

Superb99

6,589 posts

Posted by Superb99 > 2017-10-27 16:37 | Report Abuse

managed to bought below rm4, thanks for people that throw to me....lol

phil8

1 posts

Posted by phil8 > 2017-10-27 16:40 | Report Abuse

With bad news over weekend (big or small fire also), Monday still rebound? haha..

Soohow Ng

30 posts

Posted by Soohow Ng > 2017-10-27 16:40 | Report Abuse

No more throwing already, the drop stopped. Free dinner. Thanks to whoever panic sell

imlearning

869 posts

Posted by imlearning > 2017-10-27 16:41 | Report Abuse

hope monday drop, so that i can collect more

m3379

211 posts

Posted by m3379 > 2017-10-27 16:41 | Report Abuse

April 2014 also got fire, but the stock price catch up later.

Soohow Ng

30 posts

Posted by Soohow Ng > 2017-10-27 16:42 | Report Abuse

Was watching budget 330pm, then suddenly Liihen share drop like waterfall. Think think, cannot be because of what jibjib say. Rupanya, fire.

Lanesra

1,089 posts

Posted by Lanesra > 2017-10-27 16:42 | Report Abuse

saw the buaya panic , was quite funny hahaha

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-27 16:42 | Report Abuse

Luckily sold all 4.20

Superb99

6,589 posts

Posted by Superb99 > 2017-10-27 16:52 | Report Abuse

dropped 40 over cents in half an hour...i received the news, that one is a small factory with some halted operations...lol

Kays

201 posts

Posted by Kays > 2017-10-27 16:54 | Report Abuse

Why suddenly so many fire cases, Notion kena Bakar also last few days Such a coincidence.

PixelGun

24 posts

Posted by PixelGun > 2017-10-27 16:54 | Report Abuse

If the fire was in the halted line, it's good news for Lii Hen, can claim insurance for something they want to throw away..

Lanesra

1,089 posts

Posted by Lanesra > 2017-10-27 16:55 | Report Abuse

could be sabotage, we will nvr know. now quarter result will be around in soon

Lanesra

1,089 posts

Posted by Lanesra > 2017-10-27 16:56 | Report Abuse

Favourite Design Sdn Bhd

(264374-K)
PLO 47, Jalan Rami 3,
Bukit Pasir Industrial Estate,
84300 Muar, Johor, Malaysia.
Person to Contact: Mr. Freeman
Email: freeman_cschan@liihenfurniture.com
Telephone: +606 985 5222
Fax: +606 985 8997
URL: www.favouritedesign.com.my feel free to call them haha

Posted by Fabien Extraordinaire > 2017-10-27 16:59 | Report Abuse

really scratching my head looking at the behaviour of all these panic selling...calm your horsed down man

Aries

659 posts

Posted by Aries > 2017-10-27 17:00 | Report Abuse

The insurance money can be used to upgrade old equipment. Good for Liihen.

Syndicates

875 posts

Posted by Syndicates > 2017-10-27 17:03 | Report Abuse

why no trading halt and immediate announcement??

ongmari

2,003 posts

Posted by ongmari > 2017-10-27 17:09 | Report Abuse

dropped n rebound....see mid term still back to 4.2 ++ level at no time...they will be more cautious after this fire breakout...say ong ahhhhhh.........my price today is still high..will see

ongmari

2,003 posts

Posted by ongmari > 2017-10-27 17:15 | Report Abuse

long term is cheap..buy on weakness. TP 4.5 in 6 months

dunspace

348 posts

Posted by dunspace > 2017-10-27 17:16 | Report Abuse

beware of the premium u are paying for growth

baccarat

673 posts

Posted by baccarat > 2017-10-27 17:21 | Report Abuse

Like Pmetal, more fire more ONG!

Ryan88

1,327 posts

Posted by Ryan88 > 2017-10-27 17:50 | Report Abuse

Lol. If you have frens from muar then you will know that fire just a small case to Liihen
Those who able to buy at panic sales tday, Congrats !

Slash_13

53 posts

Posted by Slash_13 > 2017-10-27 18:02 | Report Abuse

announcement came out...seems serious

Syndicates

875 posts

Posted by Syndicates > 2017-10-27 18:06 | Report Abuse

Halted line? Seems like production line is affected according to announcement.

Posted by akulamatata > 2017-10-27 18:23 | Report Abuse

Company") wishes to announce that a fire occured at about 3.20 p.m. today (27 October 2017) at the second premises of Favourite Design Sdn. Bhd. ("FDSB"), a major wholly-owned subsidiary of the Company in Kawasan Perindustrian Bukit Pasir, 84300 Bukit Pasir, Muar, Johor Darul Takzim. The said premises housed in eights (8) blocks of single-storey furniture factory building together with a three-storey office block situated at Plo 29 & 47, Jalan Rami 3, Kawasan Perindustrian Bukit Pasir, 84300 Bukit Pasir, Muar, Johor Darul Takzim. The fire was under control at about 4.45 p.m..

The incident has caused 4 out of 8 blocks of production lines, the conveyor system, spraying and wood making machines as well as inventories (mainly of white parts) destroyed by the fire. The property, plant and equipment and inventories destroyed are adequately insured. The management of the Company and FDSB will in collaboration with insurers and contractors to ascertain the actual extent and quantum of the losses caused by the incident.

This incident will have operational impact on bed-room sets operations of the Group. The financial impact of this incident is being assessed and the announcement will be made once its has been determined.

The management will mitigate the impact of above incident by increasing production hours/shifts at the main premises situated at GM 347, Lot 1915 Mukim Sg. Raya, Muar to compensate for the loss in capacity.

Posted by akulamatata > 2017-10-27 18:26 | Report Abuse

Most under insurance,then will OT to catch up the production lost in fire.I believe they can minimize the lost

Posted by Hengyuan: SEXY BABE RM21! > 2017-10-27 18:33 | Report Abuse

Hopefully buy more for div

Posted by Hengyuan: SEXY BABE RM21! > 2017-10-27 18:33 | Report Abuse

Let them panic selling.

Slash_13

53 posts

Posted by Slash_13 > 2017-10-27 18:44 | Report Abuse

tipu insurance d:

fund999

12 posts

Posted by fund999 > 2017-10-27 19:09 | Report Abuse

Panic for some , opportunites for others , good news for fund managers who missed the earlier train.

fund999

12 posts

Posted by fund999 > 2017-10-27 19:11 | Report Abuse

Another chance to buy next week ? Good luck to all , happy trading.

dotasifu

82 posts

Posted by dotasifu > 2017-10-27 19:19 | Report Abuse

wao..so many liihen holder come out when liihen is on fire..

newbie92

418 posts

Posted by newbie92 > 2017-10-27 19:22 | Report Abuse

Limit down 30% like notion coming Monday?

nekosan

3,637 posts

Posted by nekosan > 2017-10-27 19:23 | Report Abuse

liihen is established company unlike notion

Posted by Fabien Extraordinaire > 2017-10-27 19:40 | Report Abuse

please be rational and do not equate Lii Hen with Notion. it is a totally different scenario. apply logical thinking. that's my advice.

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

Duno why always got Shabi claim limit down or limit up,didnt use brain to think

Posted by Hengyuan: SEXY BABE RM21! > 2017-10-27 20:40 | Report Abuse

If down 30%, I will all in!

dotasifu

82 posts

Posted by dotasifu > 2017-10-27 21:18 | Report Abuse

Meningkatkan Eksport
 Promosi dan peluasan pasaran eksport: (RM150j)
 Kemudahan kredit perlindungan insurans pengeksport PKS: (RM1b)
 Pinjaman mengautomasi pengeluaran perabot tempatan tujuan eksport: (RM100j)

dotasifu

82 posts

Posted by dotasifu > 2017-10-27 21:18 | Report Abuse

Fire is good for liihen mayb , bring liihen to automation mode

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