Posted by darkstar > 2018-01-09 13:40 | Report Abuse

We continue to like Lii Hen due to its strong balance sheet (net cash per share of 44.9sen as at 30 Sept 17), generous dividend payout (dividend yield of 7.2%) and ongoing efforts to adopt effective cost management. Moreover, we expect stable growth in the global furniture market due to growing real estate industry and increasing number of global retail stores.

Hong Leong Investment Bank Research - 09 Jan 2018

Posted by darkstar > 2018-01-09 13:40 | Report Abuse

Lii Hen: Gets RM5.87m claim from fire incident. Lii Hen Industries is getting a claim of RM5.87m from a fire incident involving its Muar production lines on Oct 27 last year. Lii Hen said the agreed claim sum comprises RM4.96m for plant and machinery, factory, and inventories; and RM906,993 from the sale of scrap material. Lii Hen said the total net carrying amount of these items was RM5.79m. Last year, Lii Hen said that a fire broke out at its wholly-owned subsidiary Favourite Design SB’s second premises in Muar, Johor. (The Edge)

Posted by huahtai98 > 2018-01-09 21:40 | Report Abuse

I don't understand the present weak market perception of this counter...very low valuation...please share your views with reasons....any kind gentlemen or ladies...please come forward.

Posted by Larrytrader > 2018-01-09 22:03 | Report Abuse

Me neither

Posted by Lee Chee Hoe > 2018-01-09 22:45 | Report Abuse

2morow will go up. Thosw who buy on weakness will be great

Posted by Aries > 2018-01-09 23:33 | Report Abuse

Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Total Revenue 623.46 546.87 397.93 315.88
Gross Profit 145.58 117.3 58.73 48.09
Operating Income 94.82 73.05 36.93 25.36
Net Income 73.27 57.6 28.27 17.73

This is the track record of Liihen for the past 4 years. I will stay invested in the counter if there is no major negative change. So far, so good for Liihen and the dividend is one of the highest around.

Liihen's business is cyclical, so we may see some quarters more positive than others. But, overall, on a yearly basis, this counter seems to be growing well.

No doubt a higher US dollar would be better for Liihen, but this is not the only factor that will influence its performance. Liihen seems to be improving its efficiency internally as well to counter the effects of the currency exchange.

You are responsible for your own decision.

Posted by darkstar > 2018-01-10 14:32 | Report Abuse

here you go

Posted by grong > 2018-01-10 17:10 | Report Abuse

coming back. chen chen cheng

Posted by shareinvestor88 > 2018-01-10 20:22 | Report Abuse

DCB better sell

Posted by tomblack > 2018-01-11 07:06 | Report Abuse

Kesm is a good buy. The AGM is to be held today. Possible split and bonus issue

Posted by Lew Chin Hoong > 2018-01-12 13:20 | Report Abuse

talk about the NP of liihen @ http://malaysia-share-market-talk.blogspot.my/2018/01/2018.html

Posted by shareinvestor88 > 2018-01-13 07:01 | Report Abuse

Sell n Run

Posted by ongmari > 2018-01-15 10:05 | Report Abuse

long term good buy...target 3.8 --3 months

Posted by mdmlyn > 2018-01-15 12:19 | Report Abuse

ongmari...long term good buy . hopefully by 3 months will 3.8.

Posted by Stefan Lam > 2018-01-15 16:23 | Report Abuse

guys i joined haha

Posted by Jon Choivo > 2018-01-15 18:45 | Report Abuse

Hmm,

Is it quantitatively cheap, assuming no growth? Well, its ok.

But if you price in the growth (even in absolute USD terms), and management, its pretty cheap.

Currently, RM is gaining against the USD, but i think this is temporary, like the rally of the USD against the RM last year.

The US economy is still moving fantastically, and trump tax cut on repatriation of profit (15.5% from 35%), will result in almost 1 trillion repatriated, apple alone is 252bil.

That is alot of demand for the USD. Which should push it up. In addition, there is also the interest rates in the US being raised.

Like everyone says, its a bit of a no brainer. I topped up at 3.41 before the run up to 3.6, before falling back to 3.38. I may buy a bit more soon.

The difficulty is in ensuring you do not extrapolate the current into the future permanently. Which is not easy.

Posted by darkstar > 2018-01-15 18:54 | Report Abuse

Welcome!

Posted by akulamatata > 2018-01-15 21:51 | Report Abuse

Many people treat LIIHEN like Forex counter , can't denied RM turn strong will hurt their profit,but they export mostly to US, consider to medium level market, do u think Liihen will seat there to die without raise their selling price to encounter it??And liihen is Super dividen cow among bursa.

Posted by omgimnoob > 2018-01-16 00:06 | Report Abuse

@Jon Choivo , give you one like! :)
@akulamatata , not much people believe in dividend, everyone likes to earn big bucks in a short period of time.

Crowded place is always perceived as safer place.

Posted by Garry Yong Chee Seng > 2018-01-16 00:26 | Report Abuse

@Jon Choivo, akulamatata, omgimnoob. Agree with u all. More cheaper price, more I collect it. I trust Liihen, won't disappointed us.

Posted by handsomeboy > 2018-01-16 10:28 | Report Abuse

continue collecting

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-16 12:52 | Report Abuse

interesting stock, div yield>6% now? might consider to have some more

Posted by Fabien Extraordinaire > 2018-01-16 14:21 | Report Abuse

welcome on board, paperplane

Posted by Fabien Extraordinaire > 2018-01-16 14:23 | Report Abuse

market has unduly punished Lii Hen and other furniture counters due to the strengthening of RM against USD

As though the whole industry prospect is depends on the foreign exchange

Posted by ongmari > 2018-01-16 17:03 | Report Abuse

after election will RM weaken,,can oil climb higher or go back to 55? if oil comes down back, RM likely to weaken back to 4.1

Posted by ongmari > 2018-01-16 17:04 | Report Abuse

welcome , new comers...

Posted by MoneyX2come > 2018-01-16 17:18 | Report Abuse

Why dropped so much! So sad....

Posted by Garry Yong Chee Seng > 2018-01-16 17:31 | Report Abuse

Is time to collect more :-) Any1 sell me below RM3, I'm waiting, please...

Posted by omgimnoob > 2018-01-16 17:36 | Report Abuse

Good counters ppl will curse it to drop like cempedak!

Posted by RocketRider > 2018-01-16 19:54 | Report Abuse

I'm new comers. Slowly collect it every month after salary.

Posted by Fabien Extraordinaire > 2018-01-16 20:04 | Report Abuse

EV/EBIT less than 5x
Earnings yield > 10%
Net cash = 45sen
DY = 7%
ROE > 25%

If got bullet, gradually collect to build up position size.
If no bullet and already holding, don't look at share price. Hold and collect dividend.

Posted by BursaTornado > 2018-01-16 21:33 | Report Abuse

Market think the performance of the company will be affected by currency exchange USDMYR (USD depreciate), because most of the revenue come from US.

Posted by huahtai98 > Jan 9, 2018 09:40 PM | Report Abuse

I don't understand the present weak market perception of this counter...very low valuation...please share your views with reasons....any kind gentlemen or ladies...please come forward.

Posted by Garry Yong Chee Seng > 2018-01-16 22:17 | Report Abuse

Don't think too much, jz collect, collect & collect. Now not d great time then when was d best. Better do it right now before USD wake up.

Posted by Garry Yong Chee Seng > 2018-01-16 23:01 | Report Abuse

http://www.orientaldaily.com.my/s/228193

Posted by Garry Yong Chee Seng > 2018-01-16 23:02 | Report Abuse

Shhhh....slow slow buy, don't tell everybody:-)

Posted by Larrytrader > 2018-01-16 23:17 | Report Abuse

What news is that and anyway still holding at average price of 3.12

Posted by BursaTornado > 2018-01-17 11:10 | Report Abuse

Your entry price is better than mine. ;)

Larrytrader What news is that and anyway still holding at average price of 3.12
16/01/2018 23:17

Posted by darkstar > 2018-01-17 12:19 | Report Abuse

rock bottom!

Posted by Kensington > 2018-01-17 16:34 | Report Abuse

For the last 4 trading sessions it was hey-day for the manipulators to depress the share price. Investors who have run out of ammunition to average down, just hold tight to this counter for a timely rebound.

Posted by Jamie Ng > 2018-01-17 22:23 | Report Abuse

Sifus all, may i ask With the good dividend annually, is Liihen consider to good buy for long term investment?

Posted by Stefan Lam > 2018-01-17 23:03 | Report Abuse

hi Jamie, I dunno other sifu. But i m normal investor. if put @ bank max 4.x% dividen yield. I think this liihen can produce 7.x% dividen yield not bad.

Posted by goreng_kaki > 2018-01-18 16:22 | Report Abuse

http://klse.i3investor.com/blogs/woolei/144671.jsp

Posted by Patrick13 > 2018-01-19 14:49 | Report Abuse

Waiting for 3.25 or PE below 8

Posted by Stefan Lam > 2018-01-19 17:59 | Report Abuse

consider to avg down

Posted by shareinvestor88 > 2018-01-19 20:36 | Report Abuse

Sell run TP 2.00

Posted by Stefan Lam > 2018-01-19 21:03 | Report Abuse

lol shareinvestor88, ur comments 80% sell run..haha
nice dividen yield. why run? just topup whenever necessary

Posted by shareinvestor88 > 2018-01-19 23:58 | Report Abuse

stefan wait another few weeks it will be below 3

Posted by kahsoon888 > 2018-01-20 00:10 | Report Abuse

Election make ringgit eat Viagra, after election then USD eat Viagra, that time ur INVESTMENT is green..Not more red

Posted by runner2233 > 2018-01-20 09:01 | Report Abuse

Ringgit will continue to strengthen before election, not buying at this level.

Posted by yfchong > 2018-01-20 17:44 | Report Abuse

cool.... patience....