The fact is...nobody knows for sure how long this downtrend will last....so don't try to be too clever....predict this price predict that price....THE FACT IS NOBODY KNOWS.... UNDERSTAND?
Thank you for your opinion, Stefan. You really sound intelligent.
Do you mind to share with me the various support/resistance trendline ( from immediate up & down....to ....next next ) for Liihen (since you sounds like have been long with this counter )
EngineeringProfit, haha i m not pro. I just share what I know with you. May be you have better view on other perspective. I always believe sharing makes perfect no matter in which field. I just joined this counter recently and was looking for a nice dividen yield.
this counter what I observe is it's been downtrend for more around 30% ++, This counter PE 6-7. For me it is relatively low. and it is very hard to go below rm3 i think. Hopefully i m not wrong.
May be other sifu can share more... especially those who hold long term before me..
All commenters seem disappear already after Liihen drop again
Lol
I have been with Liihen for more than 2 years .....from down to up at peak and now drop again
As I mentioned in past comments .....those experience with Liihen will know that this Liihen will never up much one, up little than drop back , up little than drop back
No matter you do what research or analysis.....said fundamental very good (undeniable) but if you looking for capital gains ....PLS DONT WASTE TIME IN HERE (only old bird like me will understand )
If want stable , no heart attack and colllect dividend then Liihen is the one for you !
I have been very patience with this Liihen ......now see new comers asking to buy or not is same like last time myself
Think that so good Fundamental , price now at low so no reason not to buy .....but you try buy la then you will know my feelings
Like put in money then cannot grow , grow slowly and collect dividend only .....for Liihen case don't depend too much on its fundamental........because it share price really cannot move
Reason I hold is because dividend only ......after holding more than 2 years get dividend yield about 15 % .......dividend yield 15% ....not bad for me
So no matter how low I also will not add more ...just will hold to collect dividend
haha rainT is indeed a senior in this stock, but yes. been holding for a year plus. This is more like reits imo lol. for those who like div, this is indeed the best time to go in. for those who goes for price. better not
@MoneyX2come! Why not? LiiHen has been paying sustainable dividend n increasing, by 4% is enough to beat inflation. And to have some passive income when I grow older, need to have more dividend paying counters. At present whopping 8% , where to find...ha...ha... good luck...!!!
Plus LiiHen is amazing efficient, look at the ROE plus little Debt. It is one of the top in my Watchlist, of limited numbers of counters. I don't buy inefficient company n with high leaverage. Thanks!
diversitify ur portfolio, dont throw all in, high entry price no problem, just wait for dividend payout fundamentally this is good company. price drop due to lesser earning due to strong ringgit might drop even further to 3.1+ unless next qr is good been holding this when nobody was here. now so many new names
Exchange rate is only one of the factors that may affect profitability...NOT THE ONLY FACTOR....so no need to over react people. I am confident this will be a non issue later. So no worry people....just be patient.
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....
Pgraduate
101 posts
Posted by Pgraduate > 2018-01-20 20:04 | Report Abuse
Not few weeks. ..less than 14 days...will below rm3.
Can shake hand with Tguan. ..both same trend