Posted by michaelgoh > 2017-10-29 16:39 | Report Abuse

Have to be careful need to understand how bad is the damage

Posted by Pgraduate > 2017-10-29 17:11 | Report Abuse

Seeing is believing. .sea of red comes, all positive thinking will u turn

Posted by goldenluck16 > 2017-10-29 17:14 | Report Abuse

The damage is quite serious...buy on weakness but not tomorrow

Posted by bplee > 2017-10-29 17:24 | Report Abuse

4 out of 8 production lines plus inventories were destroyed in the fire, i suppose the damage must be a major one. Since its PE value is currently high historically, upside potential is limited, risk of going down is therefore greater. I would sell some chips off and wait for bargain price.

Posted by michaelgoh > 2017-10-29 18:28 | Report Abuse

Have to be careful need to understand how bad is the damage

Posted by fund999 > 2017-10-29 19:13 | Report Abuse

Some panic selling last friday after the fire broke out , strong rebound towards closing . Expect some selling pressure on monday morning , it will be well absorb, hope to see green in the afternoon.

Posted by omgimnoob > 2017-10-29 19:44 | Report Abuse

Panic panic....

Posted by Fabien Extraordinaire > 2017-10-29 19:55 | Report Abuse

i believe many who advocates SELL call are actually in the hope of buying cheap

Posted by Fabien Extraordinaire > 2017-10-29 19:56 | Report Abuse

suddenly so many concerns about your wealth being by giving advice to you to sell your shares

Posted by Ryan88 > 2017-10-29 22:43 | Report Abuse

My boss fewhunndreds k waiting to buy in Liihen
after long following on liihen.

Posted by ihelpyouUhelpme > 2017-10-29 23:19 | Report Abuse

even if can claim insurance, the company might not recover back their production capacity in short term. Bet wisely haha

Posted by Jeffreychuah > 2017-10-30 00:13 | Report Abuse

Normally loss of income will also be insured. Don't think a big problem..lots ppl are giving bad comments as they want.to grab low

Posted by Jeffreychuah > 2017-10-30 00:13 | Report Abuse

Undeniable,there will be some panic selling early morning

Posted by shareinvestor88 > 2017-10-30 08:05 | Report Abuse

Better sell .... production affected

Posted by Syndicates > 2017-10-30 08:12 | Report Abuse

ya i should better sell. sell to you ok? u pick my stock

Posted by Patrick13 > 2017-10-30 08:18 | Report Abuse

The premises affected is not Favourite Design sole property only, in total they have 5 properties as disclosed in Annual Report 2016 pg 150, including latest one is acquired on 23.4.16.
I believe they have sufficient machine capacity and manpower to cope with this short-term problem. No worries k.

Posted by shareinvestor88 > 2017-10-30 08:29 | Report Abuse

Read the news. Factory affected.

Posted by omgimnoob > 2017-10-30 08:43 | Report Abuse

Follow the devil advice to sell k... panic panic panic...

Posted by shareinvestor88 > 2017-10-30 08:48 | Report Abuse

Sell..

Posted by ongmari > 2017-10-30 08:51 | Report Abuse

those never invest in Liihen just don know the company..we will see...who is right

Posted by shareinvestor88 > 2017-10-30 09:05 | Report Abuse

Drop

Posted by ongmari > 2017-10-30 09:20 | Report Abuse

cheap sales will soon be over after 1 mil traded

Posted by ongmari > 2017-10-30 09:22 | Report Abuse

epf soon starts to buy

Posted by ongmari > 2017-10-30 09:34 | Report Abuse

is the selling over?

Posted by fund999 > 2017-10-30 09:36 | Report Abuse

Will go up later

Posted by ongmari > 2017-10-30 09:39 | Report Abuse

base on T 4, seems not much stock left over to sell..the wave may reverse..

Posted by fund999 > 2017-10-30 09:44 | Report Abuse

After sapu this round , free float reduce , upward movement will be stronger.

Posted by Uncle_Lim > 2017-10-30 09:45 | Report Abuse

nothing inside this stock. no big brother to backup, unlike notion. I'm collecting more at rm2.5

Posted by fund999 > 2017-10-30 09:46 | Report Abuse

Cheap sale over

Posted by ongmari > 2017-10-30 09:46 | Report Abuse

uncle...uncle..i tapek u..

Posted by ongmari > 2017-10-30 09:55 | Report Abuse

volumn not more than 2 m today is likely to see higher price in coming days

Posted by ongmari > 2017-10-30 10:02 | Report Abuse

cheap sales over soon..4.1 retest

Posted by fund999 > 2017-10-30 10:03 | Report Abuse

4.30 by end of this week

Posted by ongmari > 2017-10-30 10:15 | Report Abuse

lang kong lo bo seoung sin...bo pang gee hooi lioa

Posted by fund999 > 2017-10-30 10:17 | Report Abuse

Afternoon green green

Posted by ongmari > 2017-10-30 10:20 | Report Abuse

won be surprise next week retest new high again..4.32

Posted by ongmari > 2017-10-30 10:22 | Report Abuse

last quater result out next month will be still great...little fire only affect less than 2% loss in revenue..i guess..what happen if ringgit weaken to 4.3+ in march?

Posted by bplee > 2017-10-30 10:32 | Report Abuse

BETTER RUN

Posted by shareinvestor88 > 2017-10-30 10:39 | Report Abuse

Better sell. Coming down.

Posted by nekosan > 2017-10-30 10:39 | Report Abuse

strong buy

Posted by ongmari > 2017-10-30 10:58 | Report Abuse

cheap stock i pick some only below 4....hurray..

Posted by Lanesra > 2017-10-30 11:00 | Report Abuse

shit missed the boat

Posted by ongmari > 2017-10-30 11:09 | Report Abuse

4.05 to break..

Posted by ongmari > 2017-10-30 11:11 | Report Abuse

panic sell is over...???

Posted by nakata > 2017-10-30 11:25 | Report Abuse

I was hesitated whether need to sell the shares, and seem like i need to buying more instead :)
the reason so is just found out, the insurance claims will help Liihen doubling on got back it losses, in 2014, the loss is 3.9mil, and able to claim back 6.9mil in same quarter..eventually made year 2014 have 60% increased from their earning..that's implied Liihen get extra earning without even spending on labour and manufacturing cost from the fire incident.

Posted by Patrick13 > 2017-10-30 11:27 | Report Abuse

Me too, missed the boat this morning. @@

Posted by ongmari > 2017-10-30 11:31 | Report Abuse

contra players selling at 4.05?

Posted by ongmari > 2017-10-30 11:38 | Report Abuse

News

A fire broke out in Lii Hen’s 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 premises housed 8 blocks of single storey furniture factory building together with a three-storey office block.
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 full financial and operational impact of the incident is yet to be ascertained. However, management guided that losses could be fully covered by insurance coverage.

These 4 lines are the old lines that are catered mainly for small quantity orders. The mass quantity orders are being run on the new lines. Hence, the impact on production would be minimal as Lii Hen has more than 10 spraying belts.

According to the management, the fire would affect 5-10% of its November’s total production and the management is confident that full operations would be able to resume within one month.

At the meantime, Lii Hen would increase its production hours/shifts at the main premises to compensate for the loss in capacity.

Recall in 2014, a similar fire incident happened in Lii Hen’s main factory and operation was resumed back to normal within 3 days, by renting new premises and outsourcing to more sub-contractors. Hence, we opine that Lii Hen would be able to manage this fire incident with minimal struggle.

Posted by ongmari > 2017-10-30 11:39 | Report Abuse

4.2+ in 2 weeks time is expected..for those with deep pockets..make 3 to 5% in 1 month

Posted by Fabien Extraordinaire > 2017-10-30 11:48 | Report Abuse

uncle lim must have patience to wait for 2.5 ya...maybe can get in next decade or so