Posted by ocpd > 2017-11-30 15:59 | Report Abuse

No unknown incidents. Mainly due to fire incident and ringgit strengthening.

Posted by xiaojie88 > 2017-11-30 16:20 | Report Abuse

the quarter report already stated the strengthening of RM will impact the results *substantially*.. I'm actually quite impressed with the management style of being so upfront to the shareholders.. in short term, it won't be that good, knowing that the latest QR reflects the results up to Sep'17 only (when USD was around 4.2 - 4.3), and since then the USD is hovering at 4.08-4.2, up to a 5% diff.

9MYTD EPS improved by 7% only, so how much will this 5% weakening of USD impacts the bottom line, knowing that the underlying RM transactions only make up 10-12% of their total revenue? Another 1 month to end the FY17, hope for the best... :)

Posted by ongmari > 2017-11-30 17:04 | Report Abuse

RM can move to 4? or 4.2 yet to know...i see weakening soon when the election is announced..political stability always weaken local currency, isn't it?..6 months horizon.....

Posted by Superb99 > 2017-11-30 18:08 | Report Abuse

really don't understand why RM is strengthening.....because of donation? or economy really improved?....lol....i also stuck in this counter...wtf...just hold what to do....not only liihen is dropping....other counters also dropping....look at the overall market

Posted by darkstar > 2017-11-30 21:49 | Report Abuse

MADAM TOH SIEW TIN (a company director) acquired 70,000 shares at 3.800 on 28-Nov-2017.

Posted by huahtai98 > 2017-11-30 23:28 | Report Abuse

If demand for their products is good it is possible for management to raise prices....which is nothing unusual these days...this should compensate for the weakening UD dollar vis a vis the Ringgit.
And if the Ringgit weakens again later the prices which was raised earlier will usually remain....once the price goes up never down again...understand people....applies to goods of course.

Posted by apolloang > 2017-11-30 23:29 | Report Abuse

beware of stronger ringgit

Posted by darkstar > 2017-12-01 08:31 | Report Abuse

ringgit will go up and down. stronger ringgit means weak holders and shortsighted people like apolloang will sell off, giving a perfect chance to collect.

Posted by darkstar > 2017-12-01 09:08 | Report Abuse

@superb99, ringgit up i think because of oil price up

Posted by ongmari > 2017-12-01 09:45 | Report Abuse

longer foresignt price may retest new high..a matter of time.. not this month..next 6 months...4.36....3.71.....65 cents gap..u calculate the return yourself..no need to mention TP RM 5+

Posted by ocpd > 2017-12-03 10:35 | Report Abuse

Ringgit strengthens due to Najib borrowing billions USD and change to MYR to give out election money. Same like previous election, after election you need to pay back USD then ringgit will drop again. Repeat of 1MDB?

Posted by TrippleZ > 2017-12-03 10:38 | Report Abuse

Don't be fool, ocpd.

Posted by meistsk3134 > 2017-12-03 12:31 | Report Abuse

usd weak not rm stengthing. go read or watch bloomberg

Posted by meistsk3134 > 2017-12-03 12:31 | Report Abuse

rm still weak against rmb

Posted by RainT > 2017-12-03 13:31 | Report Abuse

Liihen very very funny ....with all ppl shouting TP RM5, RM7

And with its low PE and high DY , the price still fail to sustain ....up a while and sure drop back

This is Liihen pattern , cannot smoothly up ....

Posted by xiaojie88 > 2017-12-03 17:45 | Report Abuse

be it USD weakened against RM ke, RMB strengthened against RM ke, so long as RM:USD below 4.10x it will hit the earnings of Liihen... :D

Posted by xiaojie88 > 2017-12-03 17:45 | Report Abuse

be it USD weakened against RM ke, RMB strengthened against RM ke, so long as RM:USD below 4.10x it will hit the earnings of Liihen... :D

Posted by bachnorton > 2017-12-04 10:21 | Report Abuse

@RainT, I notice too. The quarterly result was excellent . Furthermore dividend yield still promising. Another few days more is ex-date. Somehow mr market still don't buy in.

Posted by ocpd > 2017-12-04 13:24 | Report Abuse

If it is USD weak then how come ringgit is strong against all major currencies? SGD, AUD,etc?

Posted by ocpd > 2017-12-04 13:26 | Report Abuse

Ohh yeah i read Bloomberg evrryday.

Posted by Superb99 > 2017-12-04 15:04 | Report Abuse

export will drop if rm is strengthening against other currencies and this will affect our GDP...so what do you think in long run...lol...

Posted by ocpd > 2017-12-04 15:45 | Report Abuse

No only export will drop but real estate will also crash if Ringgit continues to strengthen. Reason it didnt crash few years ago was becoz RM was devalued soanu asses were saved.

Posted by ocpd > 2017-12-04 15:46 | Report Abuse

Too hard to predict macro economics short term but long term Ringgit always devalues due to BN government.

Posted by RainT > 2017-12-04 23:18 | Report Abuse

Msia ppl is very funny

RM strengthen also complain

RM weaken also complain

Either way also bad .....what you all want actually ?????!!!

Susah betul!!!!

Posted by ocpd > 2017-12-05 01:07 | Report Abuse

who is complaining?

Posted by ongmari > 2017-12-05 13:23 | Report Abuse

rebound? 3.7?

Posted by ocpd > 2017-12-05 14:20 | Report Abuse

Thank you Najib, pls bring MYR back to RM3.50 so i can unload the rest of my ringgit cash that got stuck!!

Posted by Alphabeta > 2017-12-05 15:55 | Report Abuse

The weakening of the ringgit has improved exports and outlook, BN new ruling mandates at least 75% of all export proceeds to convert to ringgit instead of keeping USD either onshore or offshore for payment of imported goods, equipment and repay foreign currency loans. These drive demand for ringgit is driving its appreciation against the USD.

It has reduced 70% of the offshore trading of the USD-Ringgit forex market and ensure orderly trading of USD-Ringgit in domestic market.

Steady recovery of crude oil price also improved Govt. fiscal deficit position. A stable China with steady economy also facilitate foreign fund inflow into Malaysia through its OBOR initiative.

With strengthening of ringgit in sight, exporters will naturally sell forward their future USD earnings and these actions also drive demand for ringgit.

Ringgit strength may reverse if;
1> Export growth taper off, watch out for trade surplus figure.
2>The timing of US Fed interest rate hike and tightening of its balance sheet, and
3> Large redemption of MGS between now and next year.

Posted by huahtai98 > 2017-12-05 16:34 | Report Abuse

US interest rates are still at all time lows...still plenty of room to head north. So dont expect the Dollar to weaken further.

Posted by Fabien Extraordinaire > 2017-12-06 13:37 | Report Abuse

US new home sales increased 6.2% to a seasonally adjusted annual rate of 685,000 units in Oct, the highest level since Oct 2007.

Posted by makesomemoneyonly > 2017-12-06 21:39 | Report Abuse

beccareful of liihen

Posted by ongmari > 2017-12-07 11:07 | Report Abuse

some one pick low to enjoy dividend...x date may just slowly climb back

Posted by Superb99 > 2017-12-07 13:29 | Report Abuse

I think US Dollar will up soon

Posted by huahtai98 > 2017-12-07 14:45 | Report Abuse

Fire in Los Angeles again...thousands lost their beloved homes and belongings
Just received news from a friend in LA....
Thanks again to all and more of you who have come out to show your expression of care, concern and regards. It’s very touching to read your individual notes. Let me give all of you an update on the latest news report. As of now 90,000 acres have been burnt. Fire have spread through several cities with 120,000 people evacuated and only 5% of the fire is contained. Wind is not forecast to die down for 2 more days. As such, the fire will rage on unabated

Posted by huahtai98 > 2017-12-07 14:49 | Report Abuse

Dear people...dont be bearish on Liihen....for no reason.

Posted by omgimnoob > 2017-12-07 15:10 | Report Abuse

Tq for the info, but pray to the victim safety and the brave firemen in US.

Posted by ongmari > 2017-12-07 15:55 | Report Abuse

kena con 30 minutes ago

force sell 3.63..shiiiiiiitttttttttttttt

still hold many

Posted by Patrick13 > 2017-12-07 16:27 | Report Abuse

why sell? Just hold tight tight and enjoy dividend every quarter.
This counter makes me sleep well every night :)

Posted by huahtai98 > 2017-12-07 16:32 | Report Abuse

Let all the smart and impatient auntie uncle sell all their Liihen at current prices....haha.

Posted by Larrytrader > 2017-12-09 10:45 | Report Abuse

good stock

Posted by llaollao > 2017-12-10 17:22 | Report Abuse

ok, i wait at 0.01 to buy from u kikikiikikikikikikikikikik

Posted by safewinner > 2017-12-10 21:48 | Report Abuse

FORTUNE TELLER !!!!!!!!!!!!!!!!!
talk like professor, act like god

Posted by makesomemoneyonly > 2017-12-10 22:17 | Report Abuse

myr continue to strengthen. huge impact

Posted by Superb99 > 2017-12-11 12:06 | Report Abuse

This counter.... Speechless

Posted by huahtai98 > 2017-12-11 21:39 | Report Abuse

Give more solid info....otherwise stop talking nonsense.

Posted by safewinner > 2017-12-11 23:26 | Report Abuse

Ex date 12/12 div 0.04,good DPS stock, present price 4.33 drop to 3.67 is better than FD

Posted by huahtai98 > 2017-12-12 13:30 | Report Abuse

I think one very important aspect Liihen board of directors should explore is overseas markets other than just the US market.
Exporting can be a very good growth business because the whole world is the market.
Can anyone here help get this message to the board?

Posted by omgimnoob > 2017-12-12 14:30 | Report Abuse

Everyone knows the earth is the market, please get some dealers contact or ready channel before talk to the board. BOD not sitting there having massage and meeting only, they work too to meet their personal dividend income target.

Posted by ongmari > 2017-12-12 16:23 | Report Abuse

why sell...who by.....sapu if u hv capital..5 to 10 % return in 2 months

Posted by ongmari > 2017-12-12 16:34 | Report Abuse

1 way traffic..no brainer..to 3.75