i think only insiders will know the result....but Liihen is cash rich so it can cover the cost itself in the worst scenario....i think this is not the first fire incident to Liihen so it shall know how to cover their assets....
Can't see any change in the fundamental of Liihen. I feel that some fund managers will publish some fear factors so that they can buy low again. We can just join in, good opportunity to buy low since Liihen is at oversold region.
I only sell my stocks if the companies stop growing or there is deterioration in the fundamental or overvalued. Liihen does not match those criteria. So will add when oversold.
I can say who sell Liihen at this price now is stupid! Do you think still can easily to find a better stock now in market with reasonable price?Think twicely before you make the sell action!
As follow up to the announcement made on 27 October 2017 pertaining to the fire incident on 27 October 2017 at the second premises of Favourite Design Sdn Bhd ("FDSB"), a wholly-owned subsidiary of Lii Hen Industries Bhd. ("the Company"), the Board of Directors of the Company wishes to announce that as a measure to minimise disruption to FDSB's operations, the management has increased the production lines in the main premises to fill up the production capacity that left over after fire occurred as mentioned above and has reactivated fully the operations on 14 November 2017.
The Board of Directors of the Company will continue to update on material developments for the above incident.
Those planted in 2009 shd be ready for harvesting....if older wood is needed then may have to wait a couple of years more. I stand to be corrected....thank you.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ongmari
2,003 posts
Posted by ongmari > 2017-11-14 11:10 | Report Abuse
reverse gear intact...3.9 back soon