Director collect a lot of share when the price between rm 1.80 -2.78. After bonus issue director sell all their slowiy include their staff. so investor like u all kena tipu !!!!!
Price of Copper . Aluminium . steel . and crude oil tumble to lowest in 9 month.World economy in recession especially China and Europe. More than 85 thousand lost their job in us who work in Copper/Aluminium and Steel company. So years 2016 HHHHHAAAAACCCUUURRR>
Dear spaghetti, Your FA is totally wrong, I suggest you should read other furniture stock accounts to understand more. All logic is totally wrong. USD is strong, hence all furniture stocks are doing well. Good result for Latitud, Hevea, Pohuat and Liihen. In term of ranking, Liihen is rank 2 after Latitud. FYI, Liihen is still undervalued. It is still cheaper than other furniture stocks. Sorry to point out your mistake, I hope you can learn it well. Thank you.
Hello Spaghetti long time no see.... why suddenly comes out and bashing Liihen? how is ur money in FD doing.... thanks for promote to call all buy SAM previously and u sell off ur 30 lots at August around rm5 to do shopping and say bye bye to us.... luckily we survive thru the correction.... I would like to thanks u so much for introducing SAM to me... and turning me become half way millionaire now.....
Sorry to all liihen investor, This was not my comment. It was done by my naughter cousin who stay at my house,. All nonsense comment. Sorry guy. I also buy Liihen at the price rm 2.65- 2.70 for 20.000 unit.
Using latest qtr results, Liihen forward PE is 7.83 Using latest qtr results, PoHuat forward PE is 10.01 (note: excluding the dilution effects of PoHuat-WB).
As such the coming expected results of PoHuat has to be about 27% higher than latest preceding quarter results to justify the current relative market pricing. That’s like its results has to be: 10628 X 1.27 Including the warrants dilution, that’s like: 10628 x 1.57
My target price for Liihen rm 3.80 end of feb 2016. 4 th Q result expect very good, R evenue more than rm 165 million and net profit around 16-18 million.
A deed of assignment is a legal document that is used in the transfer of real estate and land property. The deed of assignment is a very important document that should be kept at safely stored at all times, particularly in the case of real estate. The deed of assignment can generally be defined as a document which is drafted to guarantee or promise that the transfer of ownership of a property will commence on a particularly defined date. The deed of assignment, in other words, is a document that is evidence of a transfer of ownership, with the stipulation that there is a certain time period in which actual ownership is to commence.
The Malaysian Timber Industry Board has cancelled a RM22.5 million term loan to Lii Hen Industries Bhd's unit, PPL Plantation Sdn Bhd, after Johor Islamic Corporation disagreed to a deed of assignment to be signed prior to the execution of the facility agreement.
In a filing with the stock exchange, Lii Hen said, with this, a corporate guarantee it was supposed to provide in return for the loan is also cancelled.
Lii Hen stressed that the cancellation of the loan will not have any significant effect on the earnings per share, net assets per share, share capital and substantial shareholders' shareholdings of the company for the current financial year.
It also said the plantation infrastructure development expenditure of PPL Plantation is through internally generated funds of Lii Hen.
The loan was to finance Lii Hen's rubber tree planting for a 2,500ha plantation of hevea brasiliensis (latex timber clone).
My guess is that they cannot get the land from Perbadanan Islam Johor (“PIJ”) to cultivate the rubber trees... so some possible future revenue lost there.... no reason to panic and sell the stock
More profit also can"t do anything. Economy collapse . If liihen made double or triple profit share price also drop. 3rd Q profit more than triple also drop none stop from 3.03 to 2.67 on friday. End of disember might test rm 2.20-2.40.Hello airforce ,Oil drop below usd 28 was mention by pakar ekonomi dari us last week in new york time. I think u never read new york time before !!!!!!!!!!!
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....
spaghetti
611 posts
Posted by spaghetti > 2015-12-09 15:39 | Report Abuse
I just contact my uncle 5 minutes ago. He also lets go all his share include his staff few week ago. Insider ask to sell .