There is a seller always push down Liihen price at 4.50 pm , for those who want to buy at lower price , can consider to key in buy order at 4.45pm to 4.50pm.
If someone buy at higher price than yesterday closing price , he will sell 100 shares to lower the price , at closing he will key to sell to lower closing price just few seconds before 4.50pm . He has been doing it for quite some time , that is my observation. Dont know why he do that .
I am a silent reader but can not tahan you guys always talk bad about this counter. To me is very simple. If you like Liihen, buy more. If you don't like, just sell it and switch to other counters and go back to normal life.
Posted by miketyu > Mar 12, 2014 11:26 AM | Report Abuse Have you had a look at Liihen? is there any problem with the company balance sheet? Ev/ebit around 3.7 div yield 7% and yet nobody dare to buy that company. Is it the investors still haunted by the history in 2004 that the directors con the money of investors?
It has nothing to do with the 2004 saga but mainly because of its relatively poor cash flows, especially free cash flow due to big capital expenses last year.
But most of all when the last quarter results were announced, most furniture companies made huge increase in revenue and net profit, eg Latitude, Hevea and Homeritz, Lii Hen had its revenue and profit decreased during the same period. This could be the main reason for the relatively poor performance of its share price.
Dividend yield is not my priority in selecting stocks.
Posted by fortunebullz > Mar 19, 2014 11:54 AM | Report Abuse
Wasting time and energy arguing over few cents, when you can be big shot and proclaim rm1 profit margin counters! I say these people are childish! Grow up! Play mud in other counters please! Liihen house preferred! No one disturb you there!
No volume mean shareholders reluctant to sell at low asking price. There was nothing wrong with it as the shareholder value the share higher. If you see a stock with high volume, does it mean it is good or better stock?
Posted by tjhldog > Apr 1, 2014 12:13 AM | Report Abuse X Tomorrow the directors go to court. Just wait for the announcement. The directors all the time go to court how to do business? LOL
Posted by bull123 > Apr 1, 2014 08:58 AM | Report Abuse Not true la , what is your name?
Posted by tjhldog > Apr 1, 2014 09:53 AM | Report Abuse X Stubborn nincompoop, just wait after 5pm today for announcement, do you understand simple English?
Told you the directors went to the court. Proven to you once again
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....
candygirls
797 posts
Posted by candygirls > 2014-03-06 16:15 | Report Abuse
The facts are out there, who are you to set the clock?