Posted by talkrealreal > 2014-04-04 14:17 | Report Abuse

Published: Friday April 4, 2014 MYT 1:27:00 PM

KUALA LUMPUR: Shares of furniture maker Lii Hen Industries Bhd fell to a low of RM1.73 at the midday break on Friday on concerns about the operation impact from a fire at its Muar factory.

At 12.30pm, it was down six sen to RM1.76. There were 211,100 shares done at prices ranging from RM1.73 to RM1.80.

The FBM KLCI was up 1.86 points to 1,857.49. Turnover was 1.07 billion shares valued at RM1.23bil. There were 347 gainers, 374 losers and 327 counters unchanged.

Lii Hen said a fire broke outat the factory of Lii Hen Furniture Sdn Bhd in Kawasan Perindustrian Bukit Pasir, Muar at 6.50pm on Thursday.

The premises comprised of three blocks of single-storey factory building with a three-storey corporate office. Though the fire was brought under control at about 9pm, it had already destroyed two of the blocks, machinery, conveyor system and a spraying plant. Also affected were semi-finished products.

Posted by talkrealreal > 2014-04-04 14:20 | Report Abuse

"This incident will have operational impact on bedroom sets operations of the group. The financial impact of this incident is being assessed and the announcement will be made once it has been determined."

Don't forget bedroom sets contributed more than 90% of Liihen revenue

Posted by tjhldog > 2014-04-04 14:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1585801

Only at 12.35pm the company made the announcement. You sell ahead of us, dear directors?

Posted by wahidpenang > 2014-04-04 14:56 | Report Abuse

give up on this counter

Posted by saltedfish > 2014-04-04 15:56 | Report Abuse

Sellers mounting as the news spread in the afternoon, vol 347,500 now

Posted by Hulk > 2014-04-04 16:17 | Report Abuse

run!!!!!!!!!
cut earn this morning ....T_T

Posted by talkrealreal > 2014-04-04 16:43 | Report Abuse

I think next week more and more selling

Posted by _redbull_ > 2014-04-04 17:29 | Report Abuse

Wow....was it real fire incident or pre planned fire incident.

Posted by Telecaster > 2014-04-04 19:47 | Report Abuse

Redbull . Both is true. A planned accident

Posted by Arrifin > 2014-04-04 22:38 | Report Abuse

A sad day for Liihen shareholder , will buy some when it drop below 1.70

Posted by tjhldog > 2014-04-05 00:44 | Report Abuse

Posted by _redbull_ > Apr 4, 2014 05:29 PM | Report Abuse
Wow....was it real fire incident or pre planned fire incident.

Posted by Telecaster > Apr 4, 2014 07:47 PM | Report Abuse
Redbull . Both is true. A planned accident

More and more peoples believed that this company cannot be trusted.

Posted by Arrifin > 2014-04-05 08:13 | Report Abuse

Will accumulate slowly if go below 1.70 , I like the dividend , losses from fire covered by insurance, short term pain , long term gain.

Posted by Arrifin > 2014-04-05 08:24 | Report Abuse

The management should install CCTV to prevent arson ,install better fire prevention system .

Posted by bb55 > 2014-04-05 08:32 | Report Abuse

Is it the second time this com ve fire incident?

Posted by talkrealreal > 2014-04-05 08:34 | Report Abuse

Haha instal CCTV to catch themselves. What a good laugh for a Saturday morning

Posted by talkrealreal > 2014-04-05 08:36 | Report Abuse

Yes bb55, this is the second time they set fire. Last time was in 2009

Posted by talkrealreal > 2014-04-05 08:37 | Report Abuse

Every 5 years clear unsold stocks one time haha

Posted by bb55 > 2014-04-05 08:40 | Report Abuse

Better inform insure com not to pay the claim

Posted by talkrealreal > 2014-04-05 08:43 | Report Abuse

If they keep doing this type of insurance claims, sure one time all insurance companies don't want their business, or very very high premium. Then they will realize what is short term gain, long term pain. Haha

Posted by Kannibu > 2014-04-05 08:53 | Report Abuse

The other company that did the same fire claims is LCHEONG. But in the second fire claim, the insurer Hong Leong Assurance refused to pay and the two are now fighting the case in the High Court of Seremban. The last trial was on April 2, 2014.

Look at LCHEONG shares price now, 0.185 !

Posted by tjhldog > 2014-04-05 08:59 | Report Abuse

Arrifin, why post and delete again? No ground to defend this lamehen? Or new name Firely Lamehen?

Posted by tjhldog > 2014-04-05 09:01 | Report Abuse

May I know your old name was bull123, datukkung, candygirl or yipman? LOL

Posted by tjhldog > 2014-04-05 09:46 | Report Abuse

KUALA LUMPUR, 4 April (Bernama) -- Kesan dari segi kewangan berikutan
kebakaran di kilang Lii Hen Furniture Sdn Bhd di Johor kini dinilai, kata
syarikat induk, Lii Hen Industries.
Satu pengumuman akan dibuat sebaik perkara berkenaan ditentukan, Bursa
Malaysia diberitahu hari ini.
Menurut syarikat itu, kemungkinan apa berlaku itu akan menjejaskan
pendapatan kumpulan dapat dikurangkan memandangkan hartanah, kilang dan
peralatan serta stok yang musnah dalam kebakaran itu diinsuranskan secukupnya.
Sementara itu, langkah segera telah diambil untuk mengurangkan gangguan
kepada operasi Lii Hen Industries.
Kebakaran yang berlaku malam tadi di kilang syarikat di Taman
Perindustrian Bukit Pasir, Muar, Johor memusnahkan sebahagian besar dua daripada
tiga blok bangunan kilang, jentera, sistem pengaliran, loji pengecat dan
barangan separuh siap.
Bagaimanapun, pejabat korporat kumpulan itu tidak musnah dalam kebakaran itu
yang bejaya dikawal dalam masa kurang dua jam.
-- BERNAMA

Now all the bad publicity splashed everywhere

Posted by tjhldog > 2014-04-05 10:39 | Report Abuse

Posted by Kannibu > Apr 5, 2014 08:53 AM | Report Abuse

The other company that did the same fire claims is LCHEONG. But in the second fire claim, the insurer Hong Leong Assurance refused to pay and the two are now fighting the case in the High Court of Seremban. The last trial was on April 2, 2014.

Look at LCHEONG shares price now, 0.185 !

***Very well and factually said, Kannibu.

Posted by Arrifin > 2014-04-05 11:30 |

Post removed.Why?

Posted by tjhldog > 2014-04-05 11:49 | Report Abuse

Bingo lembu!

Posted by Arrifin > 2014-04-05 12:22 |

Post removed.Why?

Posted by tjhldog > 2014-04-05 12:55 | Report Abuse

No need lah, they will do it themselves LOL

Posted by tjhldog > 2014-04-05 12:58 | Report Abuse

Until today you still sleeping in kandang lembu kah? LOL

Posted by Arrifin > 2014-04-05 12:58 |

Post removed.Why?

Posted by Arrifin > 2014-04-05 13:02 | Report Abuse

Sekarang mereka cakap syarikat insurance tak mau bayar , gang in mau liihen mati.

Posted by tjhldog > 2014-04-05 13:02 | Report Abuse

No problem, put your horse come

Posted by Arrifin > 2014-04-05 13:03 |

Post removed.Why?

Posted by tjhldog > 2014-04-05 13:05 | Report Abuse

放马过来，无任欢迎

Posted by Arrifin > 2014-04-05 13:44 |

Post removed.Why?

Posted by tjhldog > 2014-04-05 13:49 | Report Abuse

Jaga mulut sikit lah

Posted by curtlee1980 > 2014-04-05 14:37 | Report Abuse

tjhldog has been actively revealing a lot of black box operation and inside story of Liihen for the benefit of all of us here.

Arrifin, your unruly attack on him is unfair and should be halted

Posted by Arrifin > 2014-04-05 19:22 | Report Abuse

It attack my company is not fair

Posted by tjhldog > 2014-04-05 19:39 | Report Abuse

How and where I attack your company?

Posted by tjhldog > 2014-04-05 20:01 | Report Abuse

Posted by talkrealreal > Apr 5, 2014 07:47 PM | Report Abuse X
Not really Alfred. Liihen and POHUAT is competing with the same product for the USA market. Now with Liihen unfortunate fire incident, it will certainly open up the competitive edge in POHUAT's favour

Go check around i3, everyone is talking about Liihen fire mishaps elsewhere lah LOL
Why don't you also accuse them for attacking your company LOL

Posted by Arrifin > 2014-04-05 20:55 |

Post removed.Why?

Posted by tjhldog > 2014-04-05 21:00 | Report Abuse

Beside ranting and spitting bad manners, can't you have some decency Encik Arrifin yang tak bersunat?

Posted by tjhldog > 2014-04-07 09:39 | Report Abuse

So now how bull123, candygirls,datukkung, Arrifin tanpa sunat, sulaiman5591, sexmaker, yipman and gang? The company that you all supported stupidly and blindly is sliding because of another arson (?)

Where the hell are you guys? Go buy up the shares lah, 1.67-1.68 now cheap cheap mah, NTA 2.45 (before fire also don't know got or not), PE <6, damn good dividend (hahaha...)

Posted by Arrifin > 2014-04-07 15:54 |

Post removed.Why?

Posted by tjhldog > 2014-04-07 16:29 | Report Abuse

Posted by Arrifin > Apr 7, 2014 03:54 PM | Report Abuse
Sudah beli 1.67 , now 1.73 , ini kali anjing pandai suruh i beli Liihen.

Haha, whole day only 5,100 shares done at 1.67. Arrifin China yang tak bersunat, even if you bought all the shares at 1.67, you are nothing but only a kucing kurap punter in KLSE LOL

Posted by Arrifin > 2014-04-07 16:39 |

Post removed.Why?

Posted by talkrealreal > 2014-04-07 16:42 | Report Abuse

Jaga mulutlah

Posted by tjhldog > 2014-04-07 17:05 | Report Abuse

Haha now the new Arrifin name blacklisted by i3 Administrator in hardly 3 days since it was first used.

Now what datukkung, candygirl or bull123, another Kuppusamy or Maimunah name? LOL

Posted by curtlee1980 > 2014-04-07 17:33 | Report Abuse

Posted by curtlee1980 > Apr 5, 2014 02:37 PM | Report Abuse X
tjhldog has been actively revealing a lot of black box operation and inside story of Liihen for the benefit of all of us here.
Arrifin, your unruly attack on him is unfair and should be halted

JUSTICE SERVED

Posted by Latukgoh > 2014-04-07 18:37 |

Post removed.Why?