LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.75

Today's Change

+0.005 (0.67%)

Day's Change

0.74 - 0.755

Trading Volume

82,500


29 people like this.

11,176 comment(s). Last comment by Cipta 1 day ago

Larrytrader

1,453 posts

Posted by Larrytrader > 2020-03-09 20:48 | Report Abuse

One question.How will the coronavirus impact export of furniture?Anyone can solve this question with sufficient data?Thanks

ocpd

762 posts

Posted by ocpd > 2020-03-09 21:32 | Report Abuse

Covid-19 makes more ppl stay at home, therefore buying better furnitures, haha?

CCCL

621 posts

Posted by CCCL > 2020-03-09 22:54 | Report Abuse

Trump says oil price drop is good for consumers. More disposable income to buy furnitures !!! Previous year 2014/2015 oil drop to $20 plus, furniture theme play!

ImCK

3,276 posts

Posted by ImCK > 2020-03-09 22:57 | Report Abuse

ocpd yes you re right haha rush to buy furniture and stop going out shopping then buy hupseng biskuit which can put longer

ImCK

3,276 posts

Posted by ImCK > 2020-03-09 23:05 | Report Abuse

yes is good all rush to buy household furniture and fast food and start working and stay in house .

ocpd

762 posts

Posted by ocpd > 2020-03-10 16:26 | Report Abuse

Not only that ... low oil price has strong correlation with low raw material cost

ocpd

762 posts

Posted by ocpd > 2020-03-10 16:28 | Report Abuse

And USD/MYR also has strong correlation to oil price ...

RainT

8,448 posts

Posted by RainT > 2020-03-14 17:06 | Report Abuse

If US wide spread virus

still have high demand for furniture? still have people have mood to shop furniture ?

Posted by Fabien "The Efficient Capital Allocater" > 2020-03-14 21:10 | Report Abuse

every businesses will in certain degree gets hit, its a matter of how severe is the impact directly or indirectly, as overall consumption will be low.

looking at the question that u asked, i suggest that you stay away from the market.



Posted by RainT > Mar 14, 2020 5:06 PM | Report Abuse

If US wide spread virus

still have high demand for furniture? still have people have mood to shop furniture ?

RainT

8,448 posts

Posted by RainT > 2020-03-16 19:16 | Report Abuse

usually will not buy LIIHEN

but today exceptional

mega sales now

GLNT

566 posts

Posted by GLNT > 2020-03-17 15:14 | Report Abuse

Liihen bosses keep buying their own shares. That's leadership. Compared to scary cat Poh Huat's Tay. Hahaha

Posted by jameslimsingpoh > 2020-03-19 13:39 | Report Abuse

TP: RM1.50

Jengacam2

523 posts

Posted by Jengacam2 > 2020-03-19 13:40 | Report Abuse

TP 0.5, Major export to US , all hang

Jengacam2

523 posts

Posted by Jengacam2 > 2020-03-19 13:40 | Report Abuse

boss also not dare buy many, 20k unit only

bluebiznet

1,179 posts

Posted by bluebiznet > 2020-03-19 13:43 | Report Abuse

The Association of Stockbroking Companies of Malaysia (ASCM) had on Thursday called for the suspension ely in line with the recent Movement Control Order declared by Prime Minister Tan Sri Muhyiddin Yassin.

Those who want sell fast sell. If suspended all the money will be locked in the bursa until further notice. Maybe months maybe years... Nobody knows

RainT

8,448 posts

Posted by RainT > 2020-03-19 20:00 | Report Abuse

buy more

Jengacam2

523 posts

Posted by Jengacam2 > 2020-03-19 21:45 | Report Abuse

RM1 ok la, US already cut all order stop import.. 70% revenue will drop. how to pay dividend

RainT

8,448 posts

Posted by RainT > 2020-03-23 19:59 | Report Abuse

dividend is based on future profit & cash flow

not see past dividend yield

if share price big drop, of course dividend yield will shoot up

mamatede

3,950 posts

Posted by mamatede > 2020-03-24 11:26 | Report Abuse

Divdend is based on current profit and cash flow. How to pay dividend if you dont have money? if bad quarter ofcoz la pay small dividend

ocpd

762 posts

Posted by ocpd > 2020-03-24 23:28 | Report Abuse

yes faster sell all and run

GLNT

566 posts

Posted by GLNT > 2020-03-25 08:08 | Report Abuse

Ya, please sell everything and better...leave the forum..it's gonna be the end of the world.

Lyo82

396 posts

Posted by Lyo82 > 2020-03-26 15:06 | Report Abuse

@GLNT@ocpd: Go ahead and support you, the world will be over soon..

ocpd

762 posts

Posted by ocpd > 2020-03-31 10:28 | Report Abuse

why support me? I'm buying ... just wanna scare off some tikus!

Posted by sense maker > 2020-04-02 22:09 | Report Abuse

US are closed for biz. Orders from customers stopped.

poison

5 posts

Posted by poison > 2020-04-06 15:34 | Report Abuse

Furniture industries going to collapse once the USA importers cant afford to place orders after the Covid

RainT

8,448 posts

Posted by RainT > 2020-04-07 15:48 | Report Abuse

insider selling ?

directors also loss confident on LIIHEN?

GLNT

566 posts

Posted by GLNT > 2020-04-08 01:06 | Report Abuse

Do you know who is picking up the sales by Chua Lee Seng? Please check Bursa website which is not shown in i3. i3 doesn't show everything.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2020-04-08 07:31 | Report Abuse

now got virus still wanna trade liihen?

ocpd

762 posts

Posted by ocpd > 2020-04-09 12:24 | Report Abuse

Looks like sales is by Chua Lee Seng’s son not himself. While another director’s wife is buying even more.

Jack888

865 posts

Posted by Jack888 > 2020-04-15 12:46 | Report Abuse

Buy ...uptrend now.!

Posted by Kon Lim Chai > 2020-04-15 12:57 | Report Abuse

when is the announcement on final dividend for 2019

Posted by Kon Lim Chai > 2020-04-15 13:00 | Report Abuse

OTHERS PROPOSED FINAL SINGLE TIER DIVIDEND
LII HEN INDUSTRIES BHD.

Type Announcement
Subject OTHERS
Description PROPOSED FINAL SINGLE TIER DIVIDEND
The Board of Directors of Lii Hen Industries Bhd has proposed a final single-tier dividend of 3 sen per share for the financial year ended 31 December 2018. The proposed final dividend is subject to the approval by the shareholders at the forthcoming 25th Annual General Meeting. The date of entitlement and date of payment in respect of the aforesaid proposed final dividend will be determined and announced in due course.





Announcement Info
Company Name LII HEN INDUSTRIES BHD.
Stock Name LIIHEN
Date Announced 28 Mar 2019
Category General Announcement for PLC
Reference Number GA1-20032019-00054

FINAL DIVIDEND FOR 2018 was mde on 28 March 2019.

Posted by kisahbenarbro > 2020-04-15 16:58 | Report Abuse

Kuat balance sheetnya! Low gearing and growth in earnings. Worth buy and hold

Posted by LegionCommander > 2020-04-21 20:38 | Report Abuse

Good counter with high dividend yield...can keep for long term...but definitely will be affected by US lockdown as most of their export to US

chiahs

213 posts

Posted by chiahs > 2020-04-22 12:01 | Report Abuse

Their factory in operation during mco?

Jengacam2

523 posts

Posted by Jengacam2 > 2020-04-22 12:06 | Report Abuse

Yes operation, but cant export to US and EUROPE. later all furniture burn it to claim insurance, haha...like wat notion did

chiahs

213 posts

Posted by chiahs > 2020-04-22 17:04 | Report Abuse

haha

zen_2k

617 posts

Posted by zen_2k > 2020-04-30 11:47 | Report Abuse

but people truly confident with furniture market ke... since a large paart is dependent on USA and they arent doing so good lately LOL

Posted by focusinvesting > 2020-05-09 12:02 | Report Abuse

The high cash position of Lii Hen would help buffer the company from this economic downturn. It's a good time to look into the business as it may be offering at a discount. Moreover, Lii Hen boast one of the highest profit margins in the industry with a 25% market share in the furniture exports.
https://focusinvesting484855354.wordpress.com/2020/04/26/lii-hen-vs-homeritz/

RainT

8,448 posts

Posted by RainT > 2020-05-09 17:45 | Report Abuse

LIIHEN main market is to USA

So have high cash then no sales? what the use ?

RainT

8,448 posts

Posted by RainT > 2020-05-09 17:45 | Report Abuse

all these years ,LIIHEN spectacular sales & profit is from USA

Posted by focusinvesting > 2020-05-09 21:33 | Report Abuse

Furniture market would be affected in the near term but long term, the market will still be heading forward. It just depends on the price we pay for the investment.

Lyo82

396 posts

Posted by Lyo82 > 2020-05-11 10:09 | Report Abuse

High cash alone is already good enough for survival. Survival is the most important now. If you cant survive, any meaning to stretch further talking about sales?

Lyo82

396 posts

Posted by Lyo82 > 2020-05-11 10:20 | Report Abuse

If furniture distributors/sellers can make way channeling more sales via on line, I think our Malaysia manufacturers should be doing fine. What should be focused, is to create products that suit customer need.

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