LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.965

Today's Change

-0.01 (1.03%)

Day's Change

0.96 - 0.975

Trading Volume

620,000


29 people like this.

11,173 comment(s). Last comment by Cipta 1 month ago

Posted by baobao4068 > 2018-05-16 15:26 | Report Abuse

When MYR continue rising, USD will also maintain its strong position. Liihen is not only depend on USD fluctuation, but also depend on its strong management. In my view, if liihen can maintain its profit in the coming quarter, it will give me a strong confidence to collect more, especially now Liihen‘s price is around 52week low. When 2-3 year market come back to furniture industry, Liihen is the one who will fly high high.

ocpd

762 posts

Posted by ocpd > 2018-05-16 19:26 | Report Abuse

Brace for a bad Q1 result coming out soon, will be worst than Q4 i guess!

ocpd

762 posts

Posted by ocpd > 2018-05-17 16:36 | Report Abuse

Rupiah, Lira, Peso all collapsed! Looks like another 1997 is brewing!

Ryan88

1,327 posts

Posted by Ryan88 > 2018-05-21 15:22 | Report Abuse

financial result coming soon. very good

Lanesra

1,089 posts

Posted by Lanesra > 2018-05-21 15:25 | Report Abuse

i think so, result release in two days

Lanesra

1,089 posts

Posted by Lanesra > 2018-05-21 15:26 | Report Abuse

anyway liihen is at all time low atm, good time to buy still

mamatede

3,950 posts

Posted by mamatede > 2018-05-21 15:50 | Report Abuse

Hari raya coming soon, No GST what a great news

Posted by baobao4068 > 2018-05-21 21:31 | Report Abuse

Liihen is ready to fly high high!!!!

mamatede

3,950 posts

Posted by mamatede > 2018-05-21 23:09 | Report Abuse

Latitude results it out and it is not very good. Will Liihen be like Latitude? Hm... So far track record show very good earnings stability

Darkoda

50 posts

Posted by Darkoda > 2018-05-21 23:42 | Report Abuse

Problems on LATITUDE will most likely reflect the same on its peers since they are in the same industry. Unfavourable exchange rate, acceleration of production costs, shortages of workforce and employers paying for foreign worker levy starting 1st January 2018. Still, let's hope LIIHEN's next QR will stay positive despite the issues stated.

ocpd

762 posts

Posted by ocpd > 2018-05-21 23:47 | Report Abuse

Well at least we know the worst quarter is now behind us!

omgimnoob

514 posts

Posted by omgimnoob > 2018-05-22 07:45 | Report Abuse

Result out limit down

huahtai98

770 posts

Posted by huahtai98 > 2018-05-22 09:16 | Report Abuse

Are you implying the recent group of buyers are stupid?

mamatede

3,950 posts

Posted by mamatede > 2018-05-22 09:47 | Report Abuse

even latitude results sucks to the max, still no limit down oh.

WiseVictor

148 posts

Posted by WiseVictor > 2018-05-22 10:05 | Report Abuse

Recently all same field company came out with bad result, should wait for Liihen next qr and see what's next move =)

Posted by baobao4068 > 2018-05-22 10:08 | Report Abuse

If Liihen next qr still can maintain its profit mean this stock is gonna fly next few year........

Lanesra

1,089 posts

Posted by Lanesra > 2018-05-22 11:49 | Report Abuse

Tsk tsk, recent market activity again shows there are some insider news.
I dont like this

Posted by akulamatata > 2018-05-22 12:36 | Report Abuse

How come got alot idiot suka suka simply said limit down without use brain,If u dun hv contributed to forum then just listen,dun act foolish here,save u dignity

Lanesra

1,089 posts

Posted by Lanesra > 2018-05-22 13:56 | Report Abuse

Alot of ppl dont understand the company, and i doubt even read their anual report or whatsover.

omgimnoob

514 posts

Posted by omgimnoob > 2018-05-22 18:05 | Report Abuse

By looking at Liihen 2017 Q1 results, u can see they also incurred forex loss, So if 2018 Q1 forex loss will not have much impact yoy, qoq wise also forex loss... direction for 2017 Q1, 2017 Q4 and 2018 Q1 should be the same? Don’t understand why ppl sell? Ohh results out will limit down, now sell first!

Posted by baobao4068 > 2018-05-22 18:16 | Report Abuse

It is better to let me collect more!!!!!

kahsoon888

711 posts

Posted by kahsoon888 > 2018-05-23 10:01 | Report Abuse

Drop a lot

kahsoon888

711 posts

Posted by kahsoon888 > 2018-05-23 12:41 | Report Abuse

Liihen what wrong with you?

shamopi

79 posts

Posted by shamopi > 2018-05-23 13:02 | Report Abuse

Someone has got to read the recent Corporate exercise... The payback period for the acquisition of the warehouse is 10 years assuming if the only way of recovering = savings from rental paid per annum previously. If you dig deeper... The market valuation of the land and the factory is actually 50% higher than the 20mil used for purchase.. assuming if you throw this asset out of the window, you will cut short payback by 5 years.. Further if one were to take 5 years to scout for an alternative production centre in view of the glut of properties (be it factory or not...) The medium prospect is fantastic..

No company can sustain it's profit without capex. I hope investors can bear this in mind rather than whacking based on short term factors

Posted by baobao4068 > 2018-05-23 13:10 | Report Abuse

The new factory will complete and resume operation in June 2018, I believe Liihen can overcome those problem that face in this year.

omgimnoob

514 posts

Posted by omgimnoob > 2018-05-23 16:13 | Report Abuse

Is short term noise, when bad news looming outside, ppl from very confident become scare and sell off. Company going to close down already even Malaysia stop exporting logs, result going to be red, limit down. When confident time, Liihen will become Tesla. This is Bursa!

Posted by Fabien Extraordinaire > 2018-05-23 16:46 | Report Abuse

USDMYR likely to breach 4 by early June

Lanesra

1,089 posts

Posted by Lanesra > 2018-05-24 14:22 | Report Abuse

QR not yet out?

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 17:22 | Report Abuse

tomoro down 20cts? profit bad and dividend also reduce

loonginv

852 posts

Posted by loonginv > 2018-05-24 17:36 | Report Abuse

qr so jialat !!! looks like this year no hope back to 3............

RainT

8,448 posts

Posted by RainT > 2018-05-24 17:41 | Report Abuse

Yeah

Liihen profit drop 63%! Good very good

Larrytrader

1,453 posts

Posted by Larrytrader > 2018-05-24 17:42 | Report Abuse

Lousy result due to USD depreciation

Posted by akulamatata > 2018-05-24 17:45 | Report Abuse

Patience,base fr the result,their sales revenue is record,that is positive figure

Posted by baobao4068 > 2018-05-24 18:04 | Report Abuse

Based on the new QR, Liihen's performance is better than its competitor, Latitud profit down 70++%, hevea down 90++%. Liihen's result is still acceptable.

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 18:07 | Report Abuse

latitude down 38cts since announced bad results,liihen down 20cts lo.....hahaha

mamatede

3,950 posts

Posted by mamatede > 2018-05-24 18:10 | Report Abuse

oh my ...

beso

2,137 posts

Posted by beso > 2018-05-24 18:18 | Report Abuse

result -63% yoy after latitude dismal report
confirmed timber and furniture stocks game over

RainT

8,448 posts

Posted by RainT > 2018-05-24 18:30 | Report Abuse

Dear all current stubborn Liihen small ikan bilis shareholder

Don't lie and cheat yourself OK

Liihen result is bad .....sell and limit down tomorrow! Yeah!

apolloang

18,163 posts

Posted by apolloang > 2018-05-24 18:33 | Report Abuse

already pump and dump by koon......hehe

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-05-24 18:34 | Report Abuse

Well, kena whack. Its 6% of portfolio. I think ill probably just keep.

Data5000

388 posts

Posted by Data5000 > 2018-05-24 18:47 | Report Abuse

Hong Leong bank say good, like that

RainT

8,448 posts

Posted by RainT > 2018-05-24 18:49 | Report Abuse

If holding Liihen just for the forex to be favourable to Liihen at year end

Then better go play forex trading , don't invest in Liihen

RainT

8,448 posts

Posted by RainT > 2018-05-24 18:50 | Report Abuse

Liihen already mention in its quarter report

Labour costs
Material costs

Will continue to be challenging to Liihen

RainT

8,448 posts

Posted by RainT > 2018-05-24 18:50 | Report Abuse

Put aside forex

Liihen fundamental has already turn bad OK

Don't cheat yourself

HengTat

1 posts

Posted by HengTat > 2018-05-24 19:09 | Report Abuse

In fact, no surprise as recent qtr results are mostly in deep red. What make liihen still looks outstanding are its +21.31% revenue, which is all-time-high. It is too reluctant to blame fundamental :]

Posted by baobao4068 > 2018-05-24 19:10 | Report Abuse

Labour n Material cost is alway the big challenge for Liihen, but it does not mean Liihen's fundamental has already turn bad. Compared with Latitud n Hevea, Liihen still can grow its revenue although 60++% down in its net profit. This year is the most challenging year for Liihen, but for a long term investor, we should look at next few year, especially for cyclical stock.

apple168

6,236 posts

Posted by apple168 > 2018-05-24 20:39 | Report Abuse

Profit dropped 65%.. gosh!

Darkoda

50 posts

Posted by Darkoda > 2018-05-24 20:44 | Report Abuse

"Despite of the rose in revenue, the Group’s profit before tax decreased 61%. This was mainly due to the higher raw materials cost, higher labour operating costs resultant from more hiring, more overtime claimed and extra overhead cost on foreign workers levy, coupled with the strengthening of RM in the current quarter."

Very bad situation for LIIHEN for this whole year. Even if RM down and USD up which I think it's only temporary, it's only one of the other headwind factors affecting LIIHEN's profitability. We can buy LIIHEN but not on a severe downtrend during troubled times. Plus our market sentiment is super bad now cos of 1MDB and US trade war. Go their AGM or wait for the next quarter and assess how the management handle these issues. The QR report doesn't disclose much info.

Posted by shortinvestor77 > 2018-05-24 21:01 | Report Abuse

Dividend less. Tomorrow no eye see.

apple168

6,236 posts

Posted by apple168 > 2018-05-24 21:14 | Report Abuse

I bought Liihen for dividends, way better than bank fixed deposits.. now, Liihen is giving 40% less dividends compared to previous quarter.. share price heading south making me to consider cut loss on this small capital company as her business is getting more difficult nowadays...

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