LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.745

Today's Change

-0.01 (1.32%)

Day's Change

0.74 - 0.765

Trading Volume

400,100


29 people like this.

11,175 comment(s). Last comment by NatsukoMishima 2 months ago

Patrick13

1,971 posts

Posted by Patrick13 > 2018-03-27 11:05 | Report Abuse

Bought at 2.63.

darkstar

589 posts

Posted by darkstar > 2018-03-27 16:45 | Report Abuse

Dividend received.

Pgraduate

101 posts

Posted by Pgraduate > 2018-03-27 20:09 | Report Abuse

Ocpd, make sure you don't collect at rm3.00, but have to sell at rm2.00 after GE.
I wait for you at rm1.80

ocpd

762 posts

Posted by ocpd > 2018-03-28 00:52 | Report Abuse

Sure, i will be very happy to welcome you at RM1.80 ...

ocpd

762 posts

Posted by ocpd > 2018-03-28 00:54 | Report Abuse

Before we talk about RM1.80, can you please do me a favour and sell to me at RM2.40 tomorrow?

throx

41 posts

Posted by throx > 2018-03-28 13:53 | Report Abuse

Ringgit is traded at 3.8+ now. Do you think the chances of Ringgit appreciate to 3.6 is higher or depreciate to 4 is higher ?

darkstar

589 posts

Posted by darkstar > 2018-03-28 21:17 | Report Abuse

The Board of Directors of Lii Hen Industries Bhd. has proposed a final single-tier dividend of 3 cent per share for the financial year ended 31 December 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5737985

Posted by BursaTornado > 2018-03-28 21:21 | Report Abuse

Yeah, happy.

ocpd

762 posts

Posted by ocpd > 2018-03-28 23:21 | Report Abuse

The slight drop of dividend is reflection of the drop in bottom line / revenue. I love the management transparent way of managing the company. Will continue to invest in this company for the long term, as bottom line / higher revenue in the future will also be reflected accordingly as well.

Patrick13

1,971 posts

Posted by Patrick13 > 2018-03-29 14:18 | Report Abuse

Liihen is going to acquire 1 plot of agriculture land with cost of RM10mil within this year.
Besides, they also acquired new subsidiary (Domain Partners S/B) with the cost of RM19.74mil.
Both exercises will be funded entirely by internally funds and this is the real reason why dividend slightly dropped in FY2017.
Long term investors shall welcome such acquisitions as it will convert long term growth & sustainability to get the better value & reward in the future.

RainT

8,448 posts

Posted by RainT > 2018-04-01 11:26 | Report Abuse

Now it's time to buy back Liihen for 2nd round dividend and profit

ongmari

2,003 posts

Posted by ongmari > 2018-04-04 10:55 | Report Abuse

sudden move.. 2.85

ocpd

762 posts

Posted by ocpd > 2018-04-04 11:48 | Report Abuse

Very simple, the short sellers who drove Liihen to RM2.50 is trying to cover their shorts now.

ocpd

762 posts

Posted by ocpd > 2018-04-04 11:55 | Report Abuse

Lets teach these shorts a lesson and burn them to never come back to Liihen!

ocpd

762 posts

Posted by ocpd > 2018-04-04 11:56 | Report Abuse

I have calculated they need to cover back at least 3-5 mil shares!

Patrick13

1,971 posts

Posted by Patrick13 > 2018-04-04 13:19 | Report Abuse

Muar Furniture Park to be game-changer for local furniture industry

MUAR: The development of Muar Furniture Park in Bakri will be a game-changer for the local furniture industry and will boost the industry further.

Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the park forms part of efforts to improve the export of local furniture and ensure that the industry will continue to grow.

“The park is the first of its kind as all the facilities needed by the industry would be located in one place. This will turn Muar into the centre of the furniture industry in Malaysia,” said Mah.

He said last year, Malaysian furniture exports stood at RM10.14 billion, a 6.4 per cent increase from RM9.53 billion recorded in 2016.

“Malaysian furniture is known for its quality and competitive prices. The development of the park would ensure the industry’s continued growth,” said Mah.

He was speaking to the media after the opening of the park by Prime Minister Datuk Seri Najib Razak.

Also present was Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin.

The park is being developed by TPM Technopark Sdn Bhd, a subsidiary of Johor Corp, on a 399.2 hectare land in Bakri.

It is expected to be completed in two years.

At the event, Najib also launched the Bumiputra Furniture Entrepreneur Scheme (SuperBumi).

SuperBumi is a programme to train Bumiputra furniture entrepreneurs who would eventually become vendors in the industry.

It is a collaboration between the Malaysian Timber Industry Board and the Muar Furniture Association.

Mah said the programme would create a win-win situation for all parties.

“The industry is currently dominated by Chinese companies. With this programme, we would create more Bumiputra entrepreneurs in the industry who would eventually become vendors and suppliers for the existing companies,” said Mah.

https://www.nst.com.my/business/2018/04/352512/muar-furniture-park-be-game-changer-local-furniture-industry

Patrick13

1,971 posts

Posted by Patrick13 > 2018-04-04 13:21 | Report Abuse

Malaysian Furniture Exports Hit RM10.13 Bln In 2017 - Mah

MUAR -- Malaysia’s furniture exports increased to RM10.13 billion last year compared with RM9.52 billion in 2016.

Plantation Industries and Commodities Minister, Datuk Seri Mah Siew Keong, said wood-based furniture constituted RM8.05 billion of the total exports.

“The United States is the largest importer of Malaysian furniture in 2017 valued at RM3.59 billion, followed by Singapore (RM790.1 million), Japan (RM785.6 million), Australia (RM710.5 million) and the United Kingdom (RM476.1 million),” he said at the media conference after the launch of the Muar Furniture Park and the Bumiputera Furniture Entrepreneur Scheme Programme (SuperBumi) in Bakri, here today.

The launches were officiated by Prime Minister Datuk Seri Najib Tun Razak, and also present were Minister in the Prime Minister’s Department Daruk Seri Dr. Wee Ka Siong and Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin.

Mah said the SuperBumi programme, which was initiated by the Malaysian Timber Industry Board in strategic cooperation with the Muar Furniture Association, involved non-Bumiputera furniture companies training Bumiputera participants.

“The SuperBumi programme is a win-win situation and last year, 10 participants were involved in the programme, and this will increase to 100 in 2018.

“I am sure this programme will continue on a larger scale and I encourage more Bumiputeras to join SuperBumi,” he added.

Meanwhile, Mohamed Khaled said Muar’s potential to continue to emerge as a global furniture player is increasing as there are now around 700 factories exporting 6,000 containers of furniture monthly.

The Menteri Besar said that based on this achievement, together with Muar’s contribution to the furniture exports of both Malaysia and Johor, the state government had undertaken a comprehensive initiative to strengthen the furniture sector here.

“The government’s efforts to emplace all factories within the Muar Furniture Park is an integrated solution to the problem faced previously by establishing an industrial zone that is clean, orderly and according to standards.

“Following our earlier plans, the Muar Furniture Park will have around 230 industry lots equipped with infrastructure such as roads, street lights, telecommunications system, water and electrical utilities as well as high security standards,” he added.

http://www.malaysiandigest.com/news/731100-malaysian-furniture-exports-hit-rm10-13-bln-in-2017-mah.html

ocpd

762 posts

Posted by ocpd > 2018-04-04 17:29 | Report Abuse

Woohoo, the US-China trade war officially begins ...

Pgraduate

101 posts

Posted by Pgraduate > 2018-04-04 19:52 | Report Abuse

Plus GE14....wow so exciting

Posted by issac99289928 > 2018-04-04 22:10 | Report Abuse

White House unveiled plans for tariffs on $50 billion in Chinese imports across 1,300 categories, with 25 percent levies on Chinese goods ranging from electronics, aerospace and machinery to phones, shoes and furniture.

https://www.washingtonpost.com/world/asia_pacific/china-fires-back-at-trump-with-tariffs-on-106-us-products-including-soybeans-cars/2018/04/04/338134f4-37d8-11e8-b57c-9445cc4dfa5e_story.html?utm_term=.4b42b8163f36

25 percent levies on Chinese furniture. a boost for Malaysia furniture industry.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-05 14:54 | Report Abuse

Think Liihen is at bottom now

LimKT

482 posts

Posted by LimKT > 2018-04-05 15:05 | Report Abuse

Dwon!Down!

Posted by issac99289928 > 2018-04-06 14:05 | Report Abuse

Trump threatens China with new $100 billion tariff plan

http://money.cnn.com/2018/04/05/news/trump-tariff-china-trade-war/index.html

donald duck is arrogant and won't back down.then God bless Malaysia furniture industry

omgimnoob

514 posts

Posted by omgimnoob > 2018-04-06 16:23 | Report Abuse

The world is going to collapsed, keep Gold. Third world war is coming, prepare food at home.

TrippleZ

1,563 posts

Posted by TrippleZ > 2018-04-06 16:34 | Report Abuse

Yeah...u go hide, let people like me go enjoy.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-09 16:07 | Report Abuse

Wonder will drop more or not

ocpd

762 posts

Posted by ocpd > 2018-04-09 17:22 | Report Abuse

Yes will drop to RM1.80 ... please don't buy now!

Posted by baobao4068 > 2018-04-11 14:48 | Report Abuse

A good ROE n EPS, especially high divident yield. Although currently situation in Malaysia is not stable, but if you can hold at least 3year, confirm will going back to RM4. Just earn divident n wait economic return.

anonboy

491 posts

Posted by anonboy > 2018-04-17 08:39 | Report Abuse

Buy Kesm. 20% upside potential, best semiconductor stock, very good outlook

Jessie Ng

502 posts

Posted by Jessie Ng > 2018-04-17 10:09 | Report Abuse

gogogoogog

abcde12345

493 posts

Posted by abcde12345 > 2018-04-17 10:18 | Report Abuse

Buy Kesm.

LimKL1

298 posts

Posted by LimKL1 > 2018-04-17 10:50 | Report Abuse

keep going

tancl85

4 posts

Posted by tancl85 > 2018-04-30 14:16 | Report Abuse

dividend 0.03 ex date 3 July 2018

geary

6,384 posts

Posted by geary > 2018-05-02 17:05 | Report Abuse

Ha...Added on Weakness...!!!

jv1758

27 posts

Posted by jv1758 > 2018-05-02 17:15 | Report Abuse

Past few dividends (except Special) has been 4 sen but now drop by 25% to 3 sen. Even though 1 sen is no big deal but look at the sudden change. Exercise caution.

Patrick13

1,971 posts

Posted by Patrick13 > 2018-05-03 17:54 | Report Abuse

Do you aware that Liihen to spend RM20mil to acquire new subsidiary (Domain Partners S/B) in Nov 2017 and subsequently proposed to acquire 1 plot land in Parit Jawa, Muar cost about RM6.3mil?

Greater return on growth in future or consistent generous dividend payout depends on different people interpretation.

jv1758 Past few dividends (except Special) has been 4 sen but now drop by 25% to 3 sen. Even though 1 sen is no big deal but look at the sudden change. Exercise caution.
02/05/2018 17:15

Posted by ladislav_varga > 2018-05-08 10:27 | Report Abuse

has anyone a compilation of competitors for publicly traded stock in region for Furniture manufacturing?

grong

55 posts

Posted by grong > 2018-05-09 21:22 | Report Abuse

USD is back

geary

6,384 posts

Posted by geary > 2018-05-11 11:54 | Report Abuse

Analysts and fund managers growing bullish | http://www.klsescreener.com/v2/news/view/376847

Posted by issac99289928 > 2018-05-13 05:00 | Report Abuse

Ringgit is weakening after GE. It will improve earning for Malaysia furniture industry.

xianchua

54 posts

Posted by xianchua > 2018-05-13 16:28 | Report Abuse

no. it doesn't.

xianchua

54 posts

Posted by xianchua > 2018-05-13 16:29 | Report Abuse

rm still remains it's position

BlackWhite

1,053 posts

Posted by BlackWhite > 2018-05-15 19:42 | Report Abuse

Up and down ha ha

kahsoon888

711 posts

Posted by kahsoon888 > 2018-05-16 09:33 | Report Abuse

Up and dowm

pathew

2,028 posts

Posted by pathew > 2018-05-16 11:26 | Report Abuse

strong fiscal policy by the council of elders will improve our credit rating from A to AA. Rating agencies all waiting to see what's the outcome after 100 days of PH in government. I think MYR would steadily rise if it meets their expectations.

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