Posted by Duncan Invest > 2019-07-08 17:21 | Report Abuse

https://www.klsescreener.com/v2/news/view/550882/%E4%B8%AD%E5%9B%BD%E5%AE%B6%E5%85%B7%E4%B8%9A-%E7%BE%8E%E8%AE%A2%E5%8D%95%E5%87%A0%E6%B6%88%E5%A4%B1-25-%E5%85%B3%E7%A8%8E%E7%AD%89%E5%90%8C%E6%AD%BB%E5%88%91

Trade war caused china furniture loss lot of order from america and these orders have big potential transfer to Malaysia like lIihen~

Posted by RainT > 2019-07-13 11:38 | Report Abuse

as usual LIIHEN, slow slow sleeping again ...zzz

Posted by cherry88 > 2019-07-15 09:31 | Report Abuse

Thanks Hong Leong Research !

Posted by cherry88 > 2019-07-15 09:32 | Report Abuse

https://klse.i3investor.com/servlets/ptres/51231.jsp

Posted by RainT > 2019-07-15 12:05 | Report Abuse

lets see how far LIIHEN can go this time

Posted by JacNgu > 2019-07-16 09:44 | Report Abuse

hopeless pc of shit

Posted by Fabien "The Efficient Capital Allocater" > 2019-07-17 16:19 | Report Abuse

Malaysian furniture exports to the US seen growing 20% annually

https://www.theedgemarkets.com/article/malaysian-furniture-exports-us-seen-growing-20-annually

Posted by RainT > 2019-07-17 16:33 | Report Abuse

DROP drop to scoop more

Posted by MK76 > 2019-07-17 21:26 | Report Abuse

Relax everyone. Liihen is slowly moving up. It will come surely. Without the positive news on furniture sectors, liihen is already doing well isn't it? With the news and next qtr report hopefully good, all of us will laugh happily. TP by Hong Leong cantik lah. If can go 3.80, I will be happy already. If really fly to 4.2, then, speechless. Hahaha.

Posted by paperplane > 2019-07-18 15:20 | Report Abuse

BHD.) 25th AGM:

Mr. Koh Beng Hock enquired on the action to mitigate the impact on increase of the foreign labour levy and introduction of the minimum wage and whether there are any plans on divestment of manufacturing location so as to contain the labour costs escalation.

The Chairman, Mr. Lau replied that currently there is no plan of divestment of manufacturing location to overseas as Muar is still a conducive place for furniture manufacturing because it has established as furniture manufacturing clusters with essential supporting industries. It is also noted that the labour cost in Vietnam is also escalated.

Mr. Chan Wah Chong elaborated the reason of not divesting to Vietnam. He mentioned that it is a bit too late, likely to be five years behind the schedule and for its land cost, it is not cheap now. It will divert substantial cash to Vietnam for heavy capital expenditure that will cause lesser dividend payout, a matter that the shareholders of the Company may not be happy. In short, it is really a matter in one hand with good dividend yield and the Group is comfortable with as compared with the other hand that the Group is new of and needs substantial cash for heavy investment. Mr. Chan also informed that the management has explored the divestment to Vietnam earlier and has concluded that it is behind the schedule. For Lii Hen, it is too late to divest to Vietnam. Moreover, lately their labour cost has increased much faster than Malaysia.

Posted by cyeec2000 > 2019-07-19 08:09 | Report Abuse

Tq paperplane.

Posted by Aries > 2019-07-19 08:21 | Report Abuse

Thanks for sharing, Paperplane. Liihen has very competent management.

Posted by Patrick13 > 2019-07-19 12:41 | Report Abuse

Dividend received today, thanks!

Posted by MK76 > 2019-07-22 10:22 | Report Abuse

Hope the price can come down below 2.88 to add code.

Posted by RainT > 2019-07-22 21:24 | Report Abuse

wah good sharing

thanks paperplane

Posted by PH_1_term > 2019-07-23 08:58 | Report Abuse

People only buy furniture when they move to new house. Why so many unsold houses furniture industry is good? Totally cannot accept.

Posted by PH_1_term > 2019-07-23 09:00 | Report Abuse

I am staying in my 30+ years house plus even bed, chair, table all still use the old 1 no problem.

Posted by RainT > 2019-07-23 20:28 | Report Abuse

LIIHEN furniture most is export

sell to USA and other countries outside of Msia

so Msia property is bad don't have so much impact on LIIHEN

Posted by goldenhope > 2019-07-24 08:29 | Report Abuse

PH_1_term, if all people act like you, the whole world economy like hell, don't be so stingy....

Posted by Lyo82 > 2019-07-30 11:29 | Report Abuse

PH_1_term, are you sure everyone is similar to you?

Posted by Lyo82 > 2019-07-30 11:31 | Report Abuse

Homeritz was doing well in its last quarter, can expect the same should go to Liihen.

Posted by wave999 > 2019-08-01 13:03 | Report Abuse

Usd strengthen against Rm, good for Liihen.

Posted by goldenhope > 2019-08-02 08:33 | Report Abuse

Wait and see the results of Apr - Jun quarterly

Posted by goldenhope > 2019-08-04 08:41 | Report Abuse

USD strengthen, profit LII Hen should increase

Posted by huahtai98 > 2019-08-16 17:29 | Report Abuse

Haha...US people dont live like you la PH 1 Term.

Posted by wave999 > 2019-08-16 18:32 | Report Abuse

Good write up in Focus Malaysia on furniture stocks.

Posted by MK76 > 2019-08-21 10:42 | Report Abuse

So quiet here. QR coming. Will it hit hong leong target of 4.2? :p

Posted by MK76 > 2019-08-22 08:52 | Report Abuse

Any guess on the PAT for liihen this quarter? Q1'19 was $17M against $8M in Q1'18. Q2'18 was $12.9M. I am thinking $19M to $21M will be an impressive quarter. Countdown to report started.

Posted by BeyonDreaM > 2019-08-22 15:44 | Report Abuse

Today result out. I guest about RM18.5mil. Any figure above this will bring us 4 cents dividend.

Posted by goldenhope > 2019-08-23 11:12 | Report Abuse

Today QR should release, estimated quarter profit RM18-20 million, div 4-4.5sen

Posted by MK76 > 2019-08-24 22:55 | Report Abuse

No QR yet but Trump increases the previrus tariffs from 25 to 30%. That means furniture from China will be tariff'd additional 5%. Good for liihen right? Haha

Posted by ocpd > 2019-08-25 12:09 | Report Abuse

Absolutely! :P

Posted by MK76 > 2019-08-26 08:35 | Report Abuse

Yeah. Trump urging U.S. companies to get out of China. Gila punya orang. He is thinking to invoke emergency law. Bagi orang susah saja.

Posted by RainT > 2019-08-26 17:19 | Report Abuse

wah

result out, not bad

declare dividend 3.5 sen

Posted by Aries > 2019-08-26 17:22 | Report Abuse

Thank you Liihen !

Posted by RainT > 2019-08-26 17:26 | Report Abuse

cash grow to new high

Posted by RainT > 2019-08-26 17:37 | Report Abuse

profit margin also increase

in current environment now, LIIHEN still can maintain this kind of result is very good

Posted by RainT > 2019-08-26 17:38 | Report Abuse

share price shoot up tomorrow ?

Posted by MK76 > 2019-08-26 18:07 | Report Abuse

Haha. BeyonDream guessed correctly. My guess was off. Congrats everyone. 3.5 sen div. let's hope for special dividend come next Mar next year.

Posted by Patrick13 > 2019-08-26 19:39 | Report Abuse

Liihen din made me disappointed. Another handsome dividend is coming :)

Posted by cyeec2000 > 2019-08-26 20:09 | Report Abuse

Yeah, hopefully the dividends can be increased.

Posted by MK76 > 2019-08-26 21:09 | Report Abuse

Yeah yeah. Really strong management.

Posted by supersaiyan3 > 2019-08-26 21:41 | Report Abuse

Liihen doing well, congratulations!

Posted by cheoky > 2019-08-26 21:49 | Report Abuse

Very good

Posted by MK76 > 2019-08-26 22:27 | Report Abuse

q3 and q4 should be peak season - xmas, New year. I hope hong leong TP 4.2 will be reached by year q4 and then - special dividend or BONUS!!!!

Posted by MK76 > 2019-08-27 09:34 | Report Abuse

*27-Aug-19*
*Technical Tracker - HLIB Retail Research*
*Trading Buy: LIIHEN-7089*
*Solid fundamentals and balance sheet to steer further growth*
*(Last price: RM2.94, Potential upside +12.6%)*

*Company Profile*
• LIIHEN manufactures and markets bedroom, dining and other household furniture. It had further expanded its product range by diversifying into the manufacture and design of upholstery sofa sets.

*Trading Catalyst*
• Apart from the weak ringgit climate, we like LIIHEN for its healthy dividend yield (5.6% for FY19-21) and current net cash/share of 54.8 sen or 18.6% to share price, with cheap valuation of 6.9x FY20 P/E (Ex-cash PE of 5.6x).
• Moreover, bright outlook in the global furniture market (Global Furniture industry expects a 5.2% CAGR for 2019-2023) and its fruitful diversification to upholstery products as well as growing trade diversion from unresolved US-China trade war should enhance stable earnings growth.
• Technically, the stock is ripe for a triangle breakout soon to lift prices higher towards RM3.13-3.31 levels.

*Technical View*
• Resistance: RM3.04 / RM3.13 / RM3.31
• Support: RM2.85 / RM2.80
• Cut loss: RM2.78

*Key Financial Stats*
• Trading at 6.9x FY20E (ex-cash P/E is 5.6x), supported by attractive 5.6% DY

*Source*: Bloomberg, HLIB
*DISCLAIMER:* https://www.hlebroking.com/v3/disclaimer.aspx

Posted by Davidl > 2019-08-27 10:49 | Report Abuse

Time to accumulate!

Posted by paperplane > 2019-08-27 11:47 | Report Abuse

still good, strong cashflows, low debts, decent dividend. stable je.

Posted by No right Nor wrong Only to Win > 2019-08-27 11:50 | Report Abuse

Crown Stock macam Harta.

Posted by Kwong2018 > 2019-08-27 13:24 | Report Abuse

Afternoon run...3:00 today.