Posted by Vssss > 2015-12-14 14:53 | Report Abuse

Spaghetti, you instil fear to buy low? Dirty tactics!!
.

Posted by Probability > 2015-12-14 16:37 | Report Abuse

Now Spaghetti himself in fear...
he never thought it can drop this much!

Posted by Probability > 2015-12-14 17:26 | Report Abuse

Further to the announcement made on 10 December 2015 (reference no. GA1-10122015-00028), the Board of Directors of Lii Hen Industries Bhd (LHIB) wishes to highlight the following:

a) As announced on 22 July 2009 (reference no. CC-090722-62864 ), the LHIB Group, through its subsidiary companies, Lii Hen Plantation Sdn Bhd and PPL Plantations Sdn Bhd (PPLP), have entered into Joint Venture Agreement and Sub-Development Agreement respectively with Perbadanan Islam Johor ("PIJ") for the right of use over approximately 3,473 hectares permanent reserve forest land in the State of Johor Darul Takzim for planting and/or cultivation of rubber wood trees.

b) As stated in the Chairman’s Statement in the Annual Report 2014, the official launching of land clearing was carried out on 2 September 2014 by the Mersing Forest Officer for the first plot measuring approximately 1,000 acres. The clearing and stacking works completed at the end of February 2015 and approximately 750 acres were planted as at 28 March 2015.

c) On 9 June 2015, the Board of PPLP had agreed to accept a term loan facility of RM22.5 million from Forest Plantation Development Sdn Bhd (FPDSB), a wholly owned subsidiary of Lembaga Perindustrian Development Sdn Bhd, subject to provide a Corporate Guarantee from LHIB, an announcement (reference no. GA1-12052015-00067) of which was made on 9 June 2015. The said term loan is also subject to a First Party Deed of Assignment of "Sub-Development Agreement between PIJ Holding Sdn Bhd and PPL Plantations Sdn Bhd dated 8 September 2009" prior to the execution of Facility Agreement and the loan is to finance PPLP’s rubber trees planting expenditure in the 2,500 hectares plantation of Hevea Brasiliensis (Latex Timber Cone).

d) As announced on 10 December 2015, PPLP received a letter from FPDSB informing the cancellation of term loan facility granted to PPLP as PIJ is not agreeable to PPLP's request for the execution of the Deed of Assignment prior to the execution of Facility Agreement for the said term loan. Hence, the Board of Directors of LHIB regards the Corporate Guarantee of RM22.5 million as cancelled.

e) As at the date of this announcement, PPLP has planted 1072 acres (434 hectares). The balance of plantation land is pending taking vacant possession of the site and awaiting approvals from the relevant authorities to carry out the planting and/or cultivation of rubber wood trees.

f) As announced on 10 December 2015, the plantation infrastructure development expenditure of PPLP are through internally generated funds of LHIB's Group.

Posted by ccs999 > 2015-12-14 17:29 | Report Abuse

Probability, so Liihen will carry out coperate exercise soon?

Posted by Probability > 2015-12-14 17:29 | Report Abuse

more than 1000 acres out of the 3473 hectares planted.
a very good long term strategy - protecting it from any rise in raw material price.

Posted by Probability > 2015-12-14 17:39 | Report Abuse

ccs999...i have no clue...

Posted by spaghetti > 2015-12-14 20:35 | Report Abuse

Tomorrow rm 2.50 .End of disember rm 2.15. Oil drop below usd 35 for the first time. Petronas will made less profit and goverment hilang pendapatan 15-25 billion per year. So some announcement will be made by our goverment later. Very very bad news coming soon !

Posted by spaghetti > 2015-12-14 20:37 | Report Abuse

Sell all your share kalau tak rugi teruk. World economy especially Malaysia was in troble and share will tumble further !

Posted by Probability > 2015-12-14 20:50 | Report Abuse

compared to all other 'manufacturers' who are gaining from rising demand on their OUTPUT - products compounded by the rising USD...

nothing can beat the manufacturer who has control on their INPUT - raw material itself.

USD-RM is exploding...
Could not see a better time other NOW to accumulate.
After 2 months you will NEVER get this chance.

Posted by red_85 > 2015-12-14 23:53 | Report Abuse

might rebound tmr if market is good, 2.59-2.6 is a good support

Posted by leelc99 > 2015-12-15 09:55 | Report Abuse

Counters are rebounding today but liihen is not moving.

Posted by spaghetti > 2015-12-15 10:32 | Report Abuse

After 2 month price will drop and maintain at rm 2.15-2.25.

Posted by spaghetti > 2015-12-15 10:33 | Report Abuse

Bursa Malaysia will tumble further in year 2016. Keep yr money in fix deposit . All yr money will get burn later.

Posted by airforce1 > 2015-12-15 10:46 | Report Abuse

spaghetti , you talk like a medium ..Hahahahahah....

Posted by leelc99 > 2015-12-15 10:53 | Report Abuse

Lai liao, Liihen slowly lai ah lai.

Posted by airforce1 > 2015-12-15 11:27 | Report Abuse

spaghetti , you cant talk down a stock with strong earnings..

Posted by airforce1 > 2015-12-15 11:40 | Report Abuse

USDMYR:CUR 4.3380MYR
0.0113
0.26%

Posted by spaghetti > 2015-12-15 17:01 | Report Abuse

USD 5.00 also LIIHEN can;t do anything . Malaysia Debt widen year by year. Oil price when touch belor usd 30 . Malaysia hilang pendapatan 30 billion. Mana mau cover !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by airforce1 > 2015-12-15 17:55 | Report Abuse

lu punya analysis tak boleh pakai...

Posted by mamatede > 2015-12-15 20:29 | Report Abuse

There's a saying, the best time to buy when people are panicking selling.

Posted by Edwin Yeo > 2015-12-16 16:18 | Report Abuse

How come most stocks moving up today except for Liihen like dead fish nvr move at all ??

Posted by Probability > 2015-12-16 16:20 | Report Abuse

KYY disposing...

Posted by leelc99 > 2015-12-16 16:42 | Report Abuse

Oversold! Stoch and other indicators look delicious to wollup Liihen!

Posted by leelc99 > 2015-12-16 16:43 | Report Abuse

Thx for the sell at 2.59. Yum yummmmm..

Posted by Edwin Yeo > 2015-12-16 17:55 | Report Abuse

Finally can see the movement.. :)

Posted by Probability > 2015-12-16 18:32 | Report Abuse

this one KYY did just to trick u
after my exposure above

Posted by leelc99 > 2015-12-16 20:35 | Report Abuse

Hahahaha, Probability so powderful ah? Can make KYY scared after exposing him of disposing shares

Posted by Probability > 2015-12-16 21:04 | Report Abuse

of course ma...I know how he think already.
he very frustrated I am cornering him.

Posted by airforce1 > 2015-12-16 21:04 | Report Abuse

Probability , I dont think KYY sell ,if he sell the share price will go down further.

Posted by wisdomtot > 2015-12-16 22:06 | Report Abuse

Every counter also will have big shareholders buying or selling... don't be too obsessed with KYY alone as though other big players don't exist. In every counter, your primary input will be through monitoring the chart for volume abnormalities.. unless you happen to get hold of internal news of course..

Posted by Watchdog7089 > 2015-12-17 09:44 | Report Abuse

Uptrend, hope director chua dont pour cold water..

Posted by dalpinia > 2015-12-17 12:05 | Report Abuse

new furniture baby:
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=F&source=M&securityCode=8605

Posted by Edwin Yeo > 2015-12-17 16:14 | Report Abuse

So boring.. Yawn zzZ..

Posted by Edwin Yeo > 2015-12-17 16:44 | Report Abuse

I juz went in topgrove & made 0.20 within 1/2 hr haha

Posted by Probability > 2015-12-18 14:42 | Report Abuse

told u all its a trick

Posted by airforce1 > 2015-12-21 09:25 | Report Abuse

The cheapest furniture stock , pe is less than 8

Posted by Edwin Yeo > 2015-12-21 17:15 | Report Abuse

:(

Posted by susheel > 2015-12-21 23:13 | Report Abuse

patience....

Posted by Sephy > 2015-12-22 11:32 | Report Abuse

this isnt the cheapest actually..

Posted by spaghetti > 2015-12-22 15:35 | Report Abuse

Wii test rm 2.20

Posted by airforce1 > 2015-12-22 18:04 | Report Abuse

spaghetti , u slow slow wait.

Posted by RosmahMansur > 2015-12-22 23:02 | Report Abuse

just broken its support level 2.60.....runnnnn

Posted by susheel > 2015-12-22 23:38 | Report Abuse

Glass either half full or half empty... you choose.... :)

Posted by red_85 > 2015-12-23 00:58 | Report Abuse

really run? i am thinking to buy more since it is cheapest furniture stock in terms of DY, PE compared with their peers.. once technical player will be gone, then it will shoot back..thanks LIIHEN boss help to flush out all the tecnical short term player

Posted by ak47cw > 2015-12-23 07:44 | Report Abuse

Low PE n good earning...why run? Should add more...

Posted by Jeff Lee > 2015-12-23 08:50 | Report Abuse

Now is cheap... buy more lo...

Posted by yapie > 2015-12-23 12:41 | Report Abuse

Ok buta buta buy.... and put inside safebox.... no eye see wat people saying....

Posted by RosmahMansur > 2015-12-23 12:53 | Report Abuse

Buy when ppl are panic and sleeping...

Posted by huikong > 2015-12-23 14:33 | Report Abuse

Ady discount a lot from highest price, time to collect.

Posted by Sephy > 2015-12-23 14:47 | Report Abuse

It is not the cheapest furniture stock. You can continue to run from this counter for a few months.