Posted by stock_investor > 2019-03-06 18:24 | Report Abuse

Liihen is falling sharp after reaching top. Support 2.6 next support 2.4 third support 2.2. Happy trading.

Posted by andr > 2019-03-08 08:31 | Report Abuse

Engulfing candle.

Posted by martinchua88332 > 2019-03-12 10:03 | Report Abuse

Malaysian furniture industry benefiting from US-China trade war

On the four-day MIFF 2019 that ended today, Goi said there was positive response from both buyers and exhibitors throughout the event.

She said based on pre-registration figures, the number of buyers from the United States, Canada, the United Kingdom, and even Mexico actually increased by 50 percent compared with last year.

She said there was a rise in the number of new buyers during the latest fair, particularly from Romania, Japan and China.

https://www.theedgemarkets.com/article/malaysian-furniture-industry-benefiting-uschina-trade-war

Posted by Sardin > 2019-03-19 16:51 | Report Abuse

Is this Goi working in Liihen ?

Posted by Sardin > 2019-03-19 16:53 | Report Abuse

Patrick, how much is the EPS you estimate for next quarter?

Posted by Patrick13 > 2019-03-28 20:20 | Report Abuse

2 sen dividend received and thanks for another 3 sen dividend declared today!

Posted by Aries > 2019-03-28 21:06 | Report Abuse

Liihen never fails to distribute dividend 5x every year.

Posted by Sardin > 2019-03-29 16:21 | Report Abuse

Today drops a lot

Posted by stock_investor > 2019-03-31 21:50 | Report Abuse

liihen is gd company. i closely monitor it for past 2 yrs. hopefully this year gt some chances

Posted by Shinnzaii > 2019-04-01 17:22 | Report Abuse

wew...not bad company...ding dong many days already...what is the bottom?hehe

Posted by michaelwong > 2019-04-02 19:55 | Report Abuse

One day show as always the case......

Posted by OrionIXL > 2019-04-04 14:16 | Report Abuse

Look at chart. X golden.. Shoot in this few days

Posted by RainT > 2019-04-05 21:43 | Report Abuse

anybody know how from where can check the rubber wood price trend ?

Posted by RainT > 2019-04-05 21:44 | Report Abuse

as the rubber wood price is going down so this will improve LIIHEN profit margin

Posted by OrionIXL > 2019-04-08 08:47 | Report Abuse

Today if vol come, price should spike up to 2.8 above

Posted by OrionIXL > 2019-04-08 10:44 | Report Abuse

Ringgit touch 4.1 soon. Benefit to liihen

Posted by OrionIXL > 2019-04-08 10:58 | Report Abuse

Most underated company in klse...by looking cash, roe, eps.. Should b rm10 share ma

Posted by OrionIXL > 2019-04-08 14:05 | Report Abuse

Usd climbing up

Posted by RainT > 2019-04-17 12:38 | Report Abuse

RM10 can at year 2051

Posted by ydbdyxgs > 2019-04-23 15:54 | Report Abuse

waiting for best price to enter

Posted by Chengheng Lee > 2019-04-24 15:17 | Report Abuse

2.60 is it a best price to enter?

Posted by chiahs > 2019-04-24 22:38 | Report Abuse

2.60 added some

Posted by Chenghenglee > 2019-04-25 13:25 | Report Abuse

wake up lo

Posted by RainT > 2019-04-26 10:50 | Report Abuse

here down trend continue again

Posted by RainT > 2019-04-26 10:52 | Report Abuse

now 2.58

even more best price to enter

Posted by Lyo82 > 2019-04-26 15:32 | Report Abuse

Be greedy when others are fearful..

But the reality is, most people are even more fearful.

Posted by goldenhope > 2019-04-28 16:54 | Report Abuse

Malaysia can buy Lii Hen products?

Posted by commonsense > 2019-04-29 12:26 | Report Abuse

Hi goldenhope,

A big portion of the sales actually comes from the export market with US and Canada being the largest market ( 77% of total sales in FY18). Malaysia market only represent 7.2%.

In terms of valuation the company is currently trading at a PE multiple of only 8x.

I think investors should expect higher profit in FY19 vs FY18 given the higher demand from the US market since the start of the trade war between US and China (US had imposed a 10% tariff on furniture coming from China since Sept 2018).

Profit margins for 1Q19 should be better compared to 1Q18 mainly due to the more favorable forex. RM/USD averages at around 4.09 in 1Q19 vs 3.92 in 1Q18.

Regards.

Posted by MK76 > 2019-04-30 09:43 | Report Abuse

Buy buy. I just bought today after looking at its annual report. The revenue is growing yoy as can be seen from the summary from i3 financials. With only 180M shares, and revenue continued to grow for the last 10 years, I see no reason why people should be fearful. :)

Posted by MK76 > 2019-04-30 09:55 | Report Abuse

Agreed with you, commonsense. I like the double digit revenue growth. And the company continued to spend on capex. Definitely will continue to grow.

Posted by RainT > 2019-04-30 12:46 | Report Abuse

dividend announce only 3 sen

at FY2016 was 4 sen

Posted by RainT > 2019-04-30 12:49 | Report Abuse

@MK76

problem is can LIIHEN continue to maintain the sales grow or not for the next 10 years

past is no use already if you buy in now

main thing is going forward can they continue grow up sales , it will be very challenging

Posted by RainT > 2019-04-30 12:50 | Report Abuse

if recession coming on year 2020 or beyond

demand for furniture also will not be so good already from US and Canada

Posted by MK76 > 2019-04-30 12:53 | Report Abuse

No worries RainT. I am just small fish only. I bought in and I have the tticket to watch liihen story for the next few years.

Posted by 624298991 > 2019-04-30 22:36 | Report Abuse

Tun M has announced we will choose Huawei over 5G. so probably US will ban Malaysian made products into USA.

Posted by Musangkingfarmer > 2019-05-01 20:16 | Report Abuse

Nice that the management changed the name "special dividend" to "interim dividend", most of the website and institution will ignore the special dividend when calculate the dividend yield. Now with share price RM2.69, dividend yield is 5.39%, which is very attractive.

Posted by MK76 > 2019-05-02 11:09 | Report Abuse

Sounds good. And the company continued to spend on capex.

Posted by Lyo82 > 2019-05-02 11:20 | Report Abuse

Can anyone guarantee what will the world be in the next 10 years? Not even from the greatest companies like Apple, Microsoft, Berkshire..

Instead of worrying about recession, why not investing in those companies with sound management and fundamental that will survive in any of the worst market condition?

I believe Liihen is one of them.

Posted by michaelwong > 2019-05-03 01:27 | Report Abuse

Workforce is another problem LIIHEN is facing currently as most comprises of foreigners .

Posted by MK76 > 2019-05-03 14:01 | Report Abuse

There's good news on workforce today. Foreign workers levy reduced it seems. It's in the newspaper.

Posted by MK76 > 2019-05-03 14:05 | Report Abuse

https://www.thestar.com.my/news/nation/2019/05/03/reduced-levy-takes-effect/

Not sure how much will be theout impact to Liihen's bottom line.

Posted by RainT > 2019-05-03 17:52 | Report Abuse

after read latest LIIHEN annual report feel that it is not bad company

solid do business company and good profit

Posted by MK76 > 2019-05-04 20:11 | Report Abuse

Glad to hear that RainT. Come join us as shareholders. I am just a small shareholders though.

Posted by MK76 > 2019-05-04 21:00 | Report Abuse

Found the answer on the impact of the levy. Based on its aannual report, liihen paid additional 3M for the increased levy. Hence, there wi'll be savings for 2019 and improve its profitability. Cheers.

Posted by commonsense > 2019-05-06 15:21 | Report Abuse

Given that the US is the biggest market for Lii Hen, the recent trade war has actually somewhat help the company gain more customers as a lot of US furniture companies are looking to diversify their supply chain away from China. In 2018, 54% of furniture imports into the US still come from China. This provides ample opportunities for furniture companies like Lii Hen to grow their revenue base going forward.

I am expecting 1Q19 to show improvement in earnings to take into account the higher sales from US, better forex rate and low raw material costs (rubberwood fiberboard especially). Using a target profit of RM65mil in FY19, the company is currently trading at a PE of only 7.3x.

Another company that will also benefit from these would be Latitude Tree. The main difference between the 2 companies is that Lii Hen is mainly based in Muar while Latitud main production is located in Vietnam. However, Lii Hen is a bit better in terms of stability of earnings and cash flow generation hence why probably it is trading at a slight premium to Latitude.

Both companies are expected to post better result in FY19.

Regards.

Posted by RainT > 2019-05-06 16:10 | Report Abuse

trade war seem to start intense now by Trump remark

this should benefit LIIHEN hopefully

US buyers shift to LIIHEN to avoid trade tariff

Posted by RainT > 2019-05-06 16:12 | Report Abuse

LATITUDE kiam siap on dividend

LIIHEN more generous on dividend

so LIIHEN the best ...lol

Posted by goldenhope > 2019-05-09 08:28 | Report Abuse

Lii Hen to benefit from US-China trade war

Posted by MK76 > 2019-05-09 09:05 | Report Abuse

It will. Trade war is never easy. China has grown so big and everyone is fighting for a piece of it; especially technology. Takes time and US will continue to flex muscle and non China manufacturer will benefit.

Posted by MK76 > 2019-05-09 09:09 | Report Abuse

There is also Canada market for Liihen :)