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 - 0.75

Trading Volume

31,000


29 people like this.

11,176 comment(s). Last comment by Cipta 19 hours ago

Posted by jack daniel > 2022-06-15 07:34 | Report Abuse

just top up 70lot on monday...

teofrank

18 posts

Posted by teofrank > 2022-06-15 12:52 | Report Abuse

any outcome AGM?

starcam

49 posts

Posted by starcam > 2022-06-29 10:24 | Report Abuse

Bonus Issue
LII HEN INDUSTRIES BHD.

Entitlement subject Bonus Issue
Entitlement description LII HEN INDUSTRIES BHD ("LHIB" OR "COMPANY")

BONUS ISSUE OF 359,999,976 NEW ORDINARY SHARES OF LHIB ("LHIB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING LHIB SHARE HELD AS AT 5.00 P.M. ON 1 JULY 2022 ("ENTITLEMENT DATE")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3268802

observatory

1,066 posts

Posted by observatory > 2022-06-29 16:27 | Report Abuse

WILMINGTON, N.C. — Rising inventories, orders placed months ago still in the pipeline softening demand are confronting furniture retailers with fresh challenges in the pandemic’s wake.

With so much product on hand and on the way the industry’s long overdue price increases could be at risk due to the potential for discounting to move goods. That’s particularly worrying since those price hikes were largely tied to increases in raw materials and transportation costs. With declining unit sales, potential discounting poses a particular threat to margins.

https://www.furnituretoday.com/furniture-retailing/retailers-grapple-with-a-shipment-tap-that-went-from-off-to-full-stream-too-quickly/

Posted by NatsukoMishima > 2022-06-30 12:18 | Report Abuse

After 6 months become 60 - 7x sens !

observatory

1,066 posts

Posted by observatory > 2022-07-06 01:14 | Report Abuse

High end furniture chain RH slashed its 2022 revenue outlook.
https://www.cnbc.com/2022/06/29/rh-shares-slide-after-company-lowers-its-outlook-for-the-year.html

Posted by NatsukoMishima > 2022-07-06 10:44 | Report Abuse

60-70 sens only buy in !

Posted by NatsukoMishima > 2022-07-06 10:45 | Report Abuse

China furniture will hit malaysia furniture sector soon if US tariff lifted !

Posted by NatsukoMishima > 2022-07-06 10:45 | Report Abuse

90 sens is a good price to take profit !

Posted by NatsukoMishima > 2022-07-07 10:13 | Report Abuse

60-70 only consider buy batch by batch , now is too high risk to buy furniture stock , just like glove hit by China !

Posted by NatsukoMishima > 2022-07-07 10:15 | Report Abuse

Sell bonus share take profits as soon as possible is the safest way to earn money , dont be like top glove 2.0 !

steven_c

113 posts

Posted by steven_c > 2022-07-08 10:35 | Report Abuse

We cannot write off a possibility Donald Trump may get re-elected as President of US again. His supporters are huge and strong. High chances he will be nominated by Republicans to topple Dems in the coming midway elections. Thus, Trump will again run a boycott China campaign.

Posted by NatsukoMishima > 2022-07-12 14:54 | Report Abuse

Dont hesitate just sell off all bonus share to take profits before it drop to 60 sens ! Dont be top glove 2.0 ! During recessions and gloomy economic forcast furniture sector will be the worst impacted !

Posted by NatsukoMishima > 2022-07-13 09:28 | Report Abuse

Next week can see 0.6x already !

Posted by jack daniel > 2022-07-14 07:25 | Report Abuse

ahhaha... full confident......... if 0.6x add more. gud luck for you.

Posted by LcKevinLee > 2022-07-19 22:04 | Report Abuse

the cheapest has yet to come....

bullrun1985

1,271 posts

Posted by bullrun1985 > 2022-07-22 14:42 | Report Abuse

all sell mode, sell share, sell bonus, then the price go up. pls sell more

sasword

1,169 posts

Posted by sasword > 2022-08-01 10:10 |

Post removed.Why?

steven_c

113 posts

Posted by steven_c > 2022-09-12 16:58 | Report Abuse

This one can play for dividend onie, any share price gain is a bonus.

frankco

196 posts

Posted by frankco > 2022-09-15 00:43 | Report Abuse

collect collect collect before it shoots up.

Posted by Tangtanggood > 2022-09-21 10:33 | Report Abuse

Definitely will rise until 0.90. This is best price already

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2022-10-03 21:53 | Report Abuse

This looks like a good punt, as part of a diversified portfolio for the longer term, patient dividend investor. Valuation is undemanding near 80 sen. Net cash. Good dividend yield, ranging 5%-6% or more potentially at this price and probably good over next 5-10 years plus possible price doubling over this period.

Posted by Kitty Kitty > 2022-10-05 07:34 | Report Abuse

This stock has not gone below NTA for many years .. current price is below post spliting NTA(0.87), probably can be a good buy for keepsake dividend.

cherry88

986 posts

Posted by cherry88 > 2022-10-17 15:45 | Report Abuse

I was told from a Muar people saying that the company will "stop" for 3 months till after CNY oh...(However, i don't think so, but hope it is a rumours)

observatory

1,066 posts

Posted by observatory > 2022-10-17 16:04 | Report Abuse

A complete operation halt for three months will be worse than Covid lockdown. If the news is genuine, which I doubt so, the management would have to make annoucement in Bursa as such decision will have material impact on the share price. However no such annoucement can be found.

Nevertheless it's quite likely that furniture demand and therefore production have slowed considerably in recent months. I shared the news in Jun that US furniture retailers were facing serious inventory problems. It's likely that customer orders are drying up now. But such info should have been reflected in the current share price. The share price has declined by a quarter since Jun.

frankco

196 posts

Posted by frankco > 2022-10-29 12:24 | Report Abuse

it is time to collect this gem . It is all about timing .

Posted by Tangtanggood > 2022-11-25 10:54 | Report Abuse

Gogogo rush to 0.90

Posted by Tangtanggood > 2022-11-30 10:56 | Report Abuse

Already sell at 0.88

Posted by corpsehunter69 > 2023-01-19 12:42 | Report Abuse

The wood manufacturing sector's prospects appear to be dimming even with the easing in elevated raw material costs and supply chain issues, as the industry is facing yet another obstacle — slowing furniture demand.

Posted by EatCoconutCanWin > 2023-02-21 15:29 | Report Abuse

Where to buy liihen product in Penang?

amateurJR

2,366 posts

Posted by amateurJR > 2023-02-22 11:48 | Report Abuse

Good company can buy if there is weakness

zen_2k

617 posts

Posted by zen_2k > 2023-03-01 17:15 | Report Abuse

pohuat doing much better than liihen for 3 quarters lol... either liihen or pohuat is going to have a rerating lmao

fortunefire

1,519 posts

Posted by fortunefire > 2023-03-20 11:52 | Report Abuse

waiting for 0.7x

Posted by corpsehunter69 > 2023-03-20 14:11 | Report Abuse

TP 0.90

Posted by corpsehunter69 > 2023-03-28 15:40 | Report Abuse

collect 0.80- 0.82

Posted by corpsehunter69 > 2023-04-11 13:38 | Report Abuse

Slowly climbing back up.

Sardin

840 posts

Posted by Sardin > 2023-04-18 10:39 | Report Abuse

guess some of the customers already permanently left during MCO and stick to other suppliers. Destroyed by Ding Ding.

Cipta

1,049 posts

Posted by Cipta > 2023-04-25 18:00 | Report Abuse

is Bed, Bath & Beyond Lii Hin's customer?

Posted by corpsehunter69 > 2023-04-26 13:57 | Report Abuse

slow & steady win the race ..

i4value

78 posts

Posted by i4value > 2023-05-15 09:03 |

Post removed.Why?

Posted by FinanceInRealLife > 2023-05-16 19:18 |

Post removed.Why?

i4value

78 posts

Posted by i4value > 2023-07-07 11:03 |

Post removed.Why?

Posted by NatsukoMishima > 2023-07-07 12:05 | Report Abuse

https://www.klsescreener.com/v2/news/view/1173477

Malaysia furniture dark future !

fortunefire

1,519 posts

Posted by fortunefire > 2023-07-21 09:48 | Report Abuse

does the company still can afford to pay high dividend?

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2023-09-07 00:33 | Report Abuse

@fortunefire, actually, LIIHEN can afford to pay higher dividend.
In the past, it has been very conservative, paying only 40% earnings or less.
However, over the past 3.5 years, the payout ratio is steadily rising - the question is - will this become a new trend?
2020 - DPS 4.7 sen / EPS 14.0 sen = 33% payout
2021 - 2.7 sen / 7.2 sen = 37% payout
2022 - 6.2 sen / 13.9 sen = 45% payout
TTM 2023 - 7.1 sen / 12.2 sen = 58% payout.

With Net Cash of 37 sen, and trading at 87.5 sen, the business is available for sale for only 50 sen.
It's long term EPS is 12 sen, i.e. this wonderful business is only selling for a P/E of ~ 4 times.

It's dividend yield is nice for TTM 2023 = 7.1 sen / 87.5 sen = 7.0%. That must beat EPF nicely at this depressed price.

If the Company continues to share its profits with shareholders (e.g. a payout ratio of 80% EPS should be very sustainable given the huge Net Cash position, even to cover very bad lean years), even without any Special Dividends, it's DY will be higher than 7.0% and this stock is well overdue for a re-rating up.

Personally, lower prices is sufficient reason for me to accumulate.

goldenhope

300 posts

Posted by goldenhope > 2023-09-19 10:19 | Report Abuse

Good sharing

Posted by grimpoinvestor > 2023-09-26 16:34 | Report Abuse

dividend ratio increasing = business is good

Posted by grimpoinvestor > 2023-10-04 17:12 | Report Abuse

Looking good lately

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