candygirls , you hold on to your Hevea, I hold on to my Liihen ,I wish you good luck and please dont attack Liihen , be fair to thousands of Liihen shareholders. They never say your Hevea is bad , they also never cheat your money .To hold on to my Liihen shares is my decision , win or loose also mine , wont blame anybody , that is stock market. If you cant take loses just put your money in FD. No one will pay your loses if you lose money in stock market.
Please check lamehen announcement soon (latest by March 5) and you will see another boom is detonated. My advice to all shareholders : SELL before this date while you still can.
No big deal , appeal ? egm valid not valid problem by a 100 shares shareholder ? Candygirls , to advise shareholders , you need a license to do that, just becareful.
And for the candygirl-no-arse (S), don't understand why you keep regurgitate the same "self perceived reason". Openlegs business so bad that it impairs your illusions?
Candygirls said dare not buy this share but continue to attack this shares , can this group be trusted? Definitely not !!! Their dirty attack has affected all the shareholders of Liihen. Never believe them !!!
The Q4 2013 results came in exactly as expected (written in my previous posts), making EPS for 2013 RM0.30.
Liihen has upped the dividend payout ratio from less than 40% in 2012 to 50% to 2013. At the current price, dividend yield of Liihen is 8% (RM0.15/RM1.89). With the run-up in prices of KLSE-listed companies, 8% dividend yield is extremely hard to find. I cannot find another company with this high dividend yield. Please let me know if you can as I do place great importance on dividend. Thanks.
I continue to like Liihen because: 1) The sales and profit trajectory is looking up for the furniture industry. 2) There is an impending (upward) valuation of its land and buildings in June 2014. 3) Dividend payout ratio of 50% means there is another 50% upside in dividend payment. 4) Liihen has RM28m net cash. 5) It has started upstream work on flattening land for cultivation of rubber trees which will continue at measured pace in the new few years. This augurs well for its mid- and long-term cost competitiveness.
My previous target price range of RM2.10 to RM3 still holds. A dividend yield of 6% is more reasonable (which is still double the return on FD) given the above feel-good factors and if Liihen can maintain its RM0.15 dividend a year, its price should be trading around RM2.50 a share.
Again, congratulation to all Liihen shareholders and thanks to the directors of Liihen for the special dividend.
precisely lembu123. Lamehen revenue dropped by $30m from $346m in FY2012 to $316m in FY2013, and net profit down by $3.4m from $21.3m to $17.9m. The much higher USD failed to help Lamehen to turn in a higher EPS. Had it not for this stronger and more favorable USD, the full year results will be ugly, probably a net profit at $15m and EPS of under 25 sen.
The market is punishing Lamehen now with a loss of 4 sen and the losses will be accecelated in the afternoon when market has more time to digest the poorer 2013 result
Posted by candygirls > Feb 24, 2014 10:15 PM | Report Abuse X Please check lamehen announcement soon (latest by March 5) and you will see another boom is detonated. My advice to all shareholders : SELL before this date while you still can.
No need to wait until next week. Appeal is filed in court today. Expect lamehen to make announcement by this evening (which by Bursa rules they ought to), otherwise lame hen is breaching rules again!
This sensemaker's full name is Chan Keng Chung, he is also one of the top shareholders of lamehen. Surely he speaks good for the company, thats natural.
I also have his hp number by the way hehe. Thanks to lamehen's leakageful and no-give-a-damn corporate governance of the management and directors
Posted by sense maker > Feb 25, 2014 09:53 AM | Report Abuse .....and thanks to the directors of Liihen for the special dividend.
If the board did not announce this Special Dividend to assuage the shareholders' disappointment of a poorer FY2013 result, most probably the shares price of this lame hen is already under $1.75 today.
Who know, after tonight when shareholders give it another thought, they will sell in droves tomorrow LOL
Lamehen revenue dropped by $30m from $346m in FY2012 to $316m in FY2013, and net profit down by $3.4m from $21.3m to $17.9m.
From the Notes to the account, lamehen's revenue from its main market, the USA is seeing a massive loss from $284.855m in 2012 to $244.875m in 2013. This is a significant 14% deterioration in revenue. The surge of USD in good part of 2013 did not benefitted lame hen fully because of the much smaller revenue in 2013.
And Liihen did not make it up in its other major markets either to try to offset this drain. Employees have been told to work single shift only since Sept 2013, a clear sign that its business is slowing down.
Liihen's share price has done reasonably well . Moving up from 1.60+ to 1.90 , sure it has to consolidate a little before moving to the next level . Those who have it knows it .
Posted by talkrealreal > Feb 25, 2014 08:16 PM | Report Abuse Sensemaker aka Chan Keng Chung, please go back to your Liihen forum to promote your Liihen or back to Kuantan. Or St Thomas school.
Today Liihen's announced result was uninspiring, I can understand your sorrow having to promote here. Liihen shares price was punished today, that's the efficient market at work. More dips in price tomorrow as another court case will be announced within these two days
Further to the announcement of 28 January 2014 (ref. no. CC-140128-40343) pertaining to the Writ and Statement of Claim, the Board of Directors of Lii Hen Industries Bhd ("LHIB") wishes to inform that the plaintiff, Mr. Ng Seang Hwa who is dissatisfied with the decision of the Learned High Court Judge, Muar High Court to allow LHIB's application to strike out the Writ and Statement of Claim, has filed a notice of appeal to the Court of Appeal.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bull123
210 posts
Posted by bull123 > 2014-02-24 21:35 | Report Abuse
candygirls , you hold on to your Hevea, I hold on to my Liihen ,I wish you good luck and please dont attack Liihen , be fair to thousands of Liihen shareholders. They never say your Hevea is bad , they also never cheat your money .To hold on to my Liihen shares is my decision , win or loose also mine , wont blame anybody , that is stock market. If you cant take loses just put your money in FD. No one will pay your loses if you lose money in stock market.