Don't listen to these ppl who say result is bad, most just envious of us that they miss the boat, haha ... i'm glad they raised the dividends back to 3.5 cents from 2.5 cents!
Revenue keeps growing in USD terms. GP margin remains healthy at above 15%. Operating cashflows remain healthy. Healthy FCF. Prospects remain good. US economy remains robust. US dollar remain strong.
Last year Hong Leong Research issued price target of RM5.04, and then they started selling down to retailers. Now they issue price target RM2.62 so they can start buying up from retailers again. These research houses are vermins of the society!
Secular bull market seen in the US...pushing up demand for the Dollar.....you try buy FB..Google...Apple etc US shares with yr Ringgit...then you will know what i mean. The US economy will be powering ahead.....pushing up consumption because of the wealth effect. So with the Dollar getting stronger together with the feel good wealth effect do you still think furniture sales in the US will not continue to escalate? And this is seen to be a long term trend.
Chinese New Year guarantee got special dividends ! (4+1 dividends) where to find a company like Liihen ? i bought it (small potato) from 2.80/2.50/2.35//2.5//2.8/2.95 ..... aiyoh... those put FD in HLB , HLB investment use the FD buy Liihen.....earn 20% give u 4%.....
USD 4.10 up to 4.20 in November n 4.30 December.... i betting on this trend.... Liihen export revenue will increase as demand increase.... coming Chinese New Year sure huat la
ha ha ha.... Liihen export US more ma.... according to my business....usd exchange demand strong on Nov-December...(Christmas New Year peak season) same theory apply in Liihen.... good export rate... Liihen special dividends usually announce on Feb....(very close to CNY ) lol
With Msia in such a shape Mahathir is still thinking highly of the Ringgit..... He will be sorely disappointed......i think he does not really know what is going on in the US currently. The digital, internet and ultra high tech revolution has its epicentre in the US and they will find a way to control the free energy market starting with the slow demise of crude oil right now.
9/11 is a demonstration of free energy technology that is already available in the US.....waiting to replace oil and to be sold to the rest of the world. In my mind they will always find a way to create demand for the mighty Dollar. And this is just the beginning...people. You just watch.
bought some liihen. The min wages increment is not as high as the market anticipated. High USD. Problem now is high oil price also....but this Q shipment if for christmas......and US economy is booming. More ppl buy furniture???hehe....see if liihen can let me earn some to let me change furniture for CNY o not.
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Posted by ocpd > 2018-08-24 03:12 | Report Abuse
Don't listen to these ppl who say result is bad, most just envious of us that they miss the boat, haha ... i'm glad they raised the dividends back to 3.5 cents from 2.5 cents!