Liihen never got rubber wood problem, they harvest their own tree. When RM at 3. liihen still growing fine. Check back previous years results. In stock market, price might not equivalent to value. Opportunity is everywhere.
Ask yourself if the growth of Liihen thorough all these years are sole depended on strong USD? Look at the growth of the company and decide for yourself should you or should you not keep Liihen.
As follow up to the announcements made on 27 October 2017 and 15 November 2017 pertaining to the fire incident on 27 October 2017 at the second premises of Favourite Design Sdn. Bhd., a major wholly-owned subsidiary of Lii Hen Industries Bhd. ("the Company"), the Board of Directors of the Company wishes to announce that the following claims have been agreed and confirmed:
Claim sum agreed (RM) Net carrying amount (RM) Plant and machinery 379,297.14 703,425.52 Factory held under PLO 47 2,571,398.59 3,078,430.54 Inventories 2,012,469.11 2,012,469.11 Sub-total: 4,963,164.84 5,794,325.17
Sale of scrap material 906,992.68 - Total: 5,870,157.52 5,794,325.17
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....
omgimnoob
514 posts
Posted by omgimnoob > 2018-01-03 17:36 | Report Abuse
Liihen never got rubber wood problem, they harvest their own tree. When RM at 3. liihen still growing fine. Check back previous years results. In stock market, price might not equivalent to value. Opportunity is everywhere.