Most investors have been caught with furniture stock last 2 quarters. It seems bad but the bright sides for local furniture stocks to consider are : 1... Better US economy D 2... Higher probability of Fed Reserve raising I.R further next quarter and hence stronger USD moving forward. 3... Tariffs imposed on furniture from largest furniture exporter (China) will benefit Malaysia furniture exporter. Since China is the major importer of rubber wood and timber for their furniture industry, tariff war will further reduce the import of wood and timber and good overall exerting downward pressure on the timber and rubber wood price.. refer to tariff list in annex document below where tariff will be imposed on a wide variety of furniture from China. https://ustr.gov/sites/default/files/301/2018-0026%20China%20FRN%207-10-2018_0.pdf..
never mind la.....good news or bad news Liihen alway giv dividends one.... eps : 40 can give bonus share liao...dreaming lol i sold Kossan , recently top up Liihen n Hevea.... wait for miracle happen again...
this quarter result I except will be lower than previous yoy. the USD in April to June is still considerably lower, and first quarter report say that the company suffer from lack of labor and increase cost of materials
i bought in since 2.86 if not mistaken, lowest 2.35...avg 2.60+- .... not yet deduct 2 dividends income recently .... untung untung yum yum :) wait more dividends to come Q2 release soon, expect Q3 better than Q2. 2 more dividends come in.
Hahaha... Efficient management generating sustainable cash flow can always pay reasonable dividend ratio of 40% to 60%. Plus occasionally bonuses...!!! LiiHen net profit margin is always above average of 10%. Assets turnover is excellent plus its equity multiplier is also excellent. Of course it has its weakness... becoz it's a defensive n occasionally cyclical in nature due to several macroeconomic factors. No company is perfect...same like human beings...N no perfect intrinsic value. Kind hearted, honest n efficient management are intrinsic value that cannot be fathom. TQ.
Looking back at the recent past weeks price, the chances of uptrend mode still intact . I just bought yesterday at RM 2.97 but price for today cannot sustain after reaching the highest level of 3.08 !
Ya...I don't how n why people emotions of greed n fear Always cannot control themselves...when down they are fearful they sell so fast...when up they are Greedy n never sell. Always ride the waves n preserve your capital. Be focused n discipline. Most of the time it is so...boring...no activities...unless you go Genting Casino... hehehe...!!!
Average investors I feel Buy n focus on less than 5 companies is enough. Good protection from unforeseen circumstances n can maximize your gains. Probably if you have reached the level like Druckenmiller... Probably you can put all eggs in one basket...n watch it closely. Sometimes when market don't move into Uptrend...like macroeconomic factors...u need to sell n keep more Cashflow....GL.
Good share - why promote? Bad share - only promote? Why need to ask others to buy now? want to sell now? Honestly, for the good intention people, please don't waste time to coach here. Please share some value information rather than tell others time to buy, time to sell?
opss....2.90 i top up a few lot today .... ^ ^ according to our My export figure...furniture export perform well.... hope Liihen is one of the best.... king or clown? wait 24/8 ....
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Posted by albert787378 > 2018-08-01 18:56 | Report Abuse
LIIHEN's earning can improve by more than 100% and dumb trump will enforce the 25% tariff.