If one bought Liihen at the beginning of this year and hold it till now , the holding period return is about 22%. If we want to have a defensive stock in our portfolio , Liihen return is good already.
erm...i am not sure whether this liihen got do hedging or not, if yes then its profit should be fine else the revenue will surely be affected. I have temporarily left this counter as TA wise, very poor, downtrend counter. No doubt, for long term players, this is one of the good counters at the moment
Before people here say USD, do note that last year grew sales by 20% in USD value, not RM.
Now, the last 3 quarters they had margin compression due to lack of rubberwood, and top it off with a fire on 27 october which was fully handled within 17 days. And during that time, there was overtime by staff.
This stock is probably quite cheap. Especially given the growth which is far from priced into the stock.
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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....
Mohd Fahmi Bin Jaes
29,190 posts
Posted by Mohd Fahmi Bin Jaes > 2017-12-25 12:53 | Report Abuse
Happy holiday