Posted by unclelimhuat > 2018-05-18 08:38 | Report Abuse

buy before target price adjust to RM1.3 above, as i heard there'll more and more institution cover it

Posted by unclelimhuat > 2018-05-18 08:40 | Report Abuse

don't forget LEESK 将进行并购! :-)

Posted by atameiban > 2018-05-18 09:10 | Report Abuse

let me makan leesk kuat kuat 1st, please wait!

Posted by atameiban > 2018-05-18 09:10 | Report Abuse

grab until 0.88 today!

Posted by atameiban > 2018-05-18 09:12 | Report Abuse

grab until 0.88 today!

Posted by unclelimhuat > 2018-05-18 10:30 | Report Abuse

next week 0.91 to 0.99, once release result will move towards CIMB target price RM1.16!! GST 0!!

Posted by hl18 > 2018-05-18 11:17 | Report Abuse

HOPE IT WILL UP UP UP

Posted by atameiban > 2018-05-18 22:38 | Report Abuse

hmmm... my remisier told me technically it is overbought, better to press down a bit before rise to another new level.

Posted by Booyeah > 2018-05-19 02:00 | Report Abuse

lee swee kiat owned yocb as well.. maybe yocb will slowly follow suit.

Posted by Faith78 > 2018-05-21 22:58 | Report Abuse

Fundamental is strong will continue rise

Posted by atameiban > 2018-05-22 12:57 | Report Abuse

today have to let it calm down 1st, technically make the chart looks healthy, then continue rising the following days. Leesk is really a good stock.

Posted by unclelimhuat > 2018-05-22 16:11 | Report Abuse

good, looks like you are quite expert in share investment. Yes, you are right, is good to pull back a bit for the next ride!

Posted by unclelimhuat > 2018-05-22 16:12 | Report Abuse

by this week, will be in range of 0.91 to 0.99, and once result released and 0% GST next week and after 1st of june, will be heading to RM1.1X !!

Posted by unclelimhuat > 2018-05-22 16:12 | Report Abuse

Lee Swee Kiat Group - Growing its retail segment via acquisition of MFO (Maintain Add with a TP of RM1.16)

Posted by atameiban > 2018-05-22 16:19 | Report Abuse

Thanks uncle! our group keep adding position for this golden horse!

Posted by unclelimhuat > 2018-05-22 20:37 | Report Abuse

TheStar Tue, May 22, 2018 - 7 hours ago

KUALA LUMPUR: Lee Swee Kiat Group Bhd (LSK) dipped at midday on Tuesday, in line with the weaker broader market after announcing plans to buy Mattress Factory Outlet Sdn Bhd's (MFO) business.

At midday, shares of the natural latex mattresses producer was down 2.5 sen to 81 sen. There were 1.23 million shares done at prices ranging from 81 sen to 85 sen.

LSK is buying MFO's furniture showroom retail business and business intelectual property rights for RM2.78mil. MFO specialises in manufacturing and sale of furniture business.

The value of showroom fittings was RM1.53mil and value of MFO's trade mark at RM1.25mil.

LSK said the purchase price would be finance from its own funds.

LSK said the acquisitions were in line with its expansion plan in the domestic retail market.

“It is expected to generate synergistic contribution to the group’s bedding retail operation,” it said.

LSK said the acquisitions were expected to complement the existing bedding business of the group and increase the market share in the domestic bedding retail market.

CIMB Equities Research had on May 2 started coverage of LSK with an Add recommendation and a 12-month target of RM1.16. At that time, the share price was 72 sen.

Posted by unclelimhuat > 2018-05-22 20:38 | Report Abuse

Mattress Factory Outlet Sdn Bhd

https://mfo.com.my


COMPANY PROFILE

We have differentiated ourselves from common furniture businesses, with bedding products being our major product focus. Therefore, we are the best flagship store for all your purchasing needs for bedding products.

MFO also hosts the largest collection of bedding products in Klang Valley. We are the distributor for most of the international brands and we have the widest variety of mattresses and bed products, with constantly a high volume of stocks to meet any urgent orders. Most importantly, MFO offers customers additional benefits that our competitors areunable to match.

Smart spending means, apart from getting a good bargain, having the widest options, professional information and quality service. MFO will definitely meet your needs for bedding products, offering you the best bargain for products that are most suitable to your needs!

Posted by unclelimhuat > 2018-05-22 20:51 | Report Abuse

Another good point is LEESK is currently a net cash company, cash and bank balance is increasing while total borrowings is reducing!

Posted by atameiban > 2018-05-23 08:58 | Report Abuse

uncle, you have done a lot of homeworks! great, hopefully our group still have chance to add more position on this golden black horse! anytime this stock can up to 0.9+

Posted by unclelimhuat > 2018-05-23 20:01 | Report Abuse

LEESK is performing well today, tomorrow quite high chance to continue the ride and over 0.9x soon!

Posted by atameiban > 2018-05-24 08:37 | Report Abuse

oh my god, please wait for us, our group would like to add more!

Posted by unclelimhuat > 2018-05-24 11:11 | Report Abuse

bro, you are lucky today, such great chance for you to grab more! anytime will over 0.9X+

Posted by unclelimhuat > 2018-05-25 08:43 | Report Abuse

Most likely will announce Q1 2018 result today, or next Monday. Cheers~!

Posted by atameiban > 2018-05-25 08:46 | Report Abuse

i will add more position if leesk is doing business better and better. Higher revenue and higher profit, definitely a good investment for at least another 9 months to year plus! Golden black horse of 2018!

Posted by unclelimhuat > 2018-05-25 10:24 | Report Abuse

李水吉集团上挑93仙/敏源

Author: Tan KW | Publish date: Thu, 24 May 2018, 11:41 AM

外围利淡因素加上庞大国债的冲击，马股于周三间的交投走势也告下挫，按日跌2.21%，整体大势一度上挑1843.40点后于1804点报收。

李水吉集团（LEESK，8079 ，主板消费产品股）反弹了，收84仙，按日涨5仙或6.33%。

李水吉集团的30分钟图表走势上破一道顶头阻力线（B1:B2），30分钟平滑异同移动均线指标（MACD）的交投走势处于一个上升走势中。

该股处于“0”支撑线上波动，后市的交投走势或会出现一段短线回试它的下限支持线的支撑（B1:B2）。

李水吉集团的日线图表走势于回试后或会显现反弹走势，或会挑战84.5-93仙关口。

免责声明:

本文纯属技术面分析，仅供参考，并非推荐购买。投资前请咨询专业金融师。

http://www.enanyang.my/news/20180523/李水吉集团上挑93仙敏源/

Posted by unclelimhuat > 2018-05-25 10:26 | Report Abuse

Daily Technical Highlights – (LEESK, N2N)

Author: kiasutrader | Publish date: Thu, 24 May 2018, 09:02 AM

LEESK (Not Rated)

Bucking against the negative broad market sentiment, LEESK jumped 5.0 sen (6.3%) to close at RM0.840 yesterday.
Yesterday’s move displayed a successful rebound from its previous resistance-turned-support level, recovering most of its previous day’s losses.
Overall, the underlying uptrend of the share remains intact, despite some negative movements earlier in the week. Key SMAs and momentum indicators continue strong positive displays.
As such, expect follow through buying towards resistances at RM0.890 (R1) and RM0.960 (R2).
Conversely, supports can be identified at RM0.780 (S1) and RM0.670 (S2).

Source: Kenanga Research - 24 May 2018

Posted by unclelimhuat > 2018-05-25 10:26 | Report Abuse

https://klse.i3investor.com/blogs/kenangaresearch/157974.jsp

Posted by unclelimhuat > 2018-05-25 10:27 | Report Abuse

anytime shoot to -> 93仙关口。RM0.960 (R2).

Posted by atameiban > 2018-05-25 12:23 | Report Abuse

uncle, you are real sifu! Salute!

Posted by littleangel8 > 2018-05-25 13:55 | Report Abuse

is flying...

Posted by Ratman > 2018-05-25 15:13 | Report Abuse

Today may close 0.93

Posted by littleangel8 > 2018-05-25 15:42 | Report Abuse

don't think so, big block at 0.90

Posted by Dakewlest > 2018-05-26 06:17 | Report Abuse

Road to RM1.00.

Posted by littleangel8 > 2018-05-26 13:18 | Report Abuse

provided with good qr result.

Posted by iTelex6 > 2018-05-27 19:36 | Report Abuse

Will it hit above 1.16 this week?

Posted by ppginvest > 2018-05-28 08:51 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/05/28/lsk-aims-to-double-sales-by-2020-with-mfo-in-its-stable/

good news!

Posted by Ngsheng92 > 2018-05-28 10:57 | Report Abuse

possible to hit 1.00 by this week?

Posted by Isma2103 > 2018-05-28 12:59 | Report Abuse

unclelimhuat

Posted by Isma2103 > 2018-05-28 13:01 | Report Abuse

unclelimhuat....can you forecast at Hibiscs WC....pllllllzzzzz . Can someone help

Posted by vxpoison > 2018-05-28 18:04 | Report Abuse

UP 363%.... fuyuuuuuh.... Kuat kuat Uncle Lee!

Posted by derrtan > 2018-05-28 21:23 | Report Abuse

CIMB talk so much in Thestar but didn't bother to give TP for LEESK?

Posted by littleangel8 > 2018-05-28 23:10 | Report Abuse

uptrend

Posted by Dakewlest > 2018-05-28 23:25 | Report Abuse

QR is out this week?

Posted by littleangel8 > 2018-05-29 09:10 | Report Abuse

excellent result

Posted by dicky11 > 2018-05-30 07:50 | Report Abuse

Very good result, black hose of the year

Posted by unclelimhuat > 2018-05-30 09:16 | Report Abuse

market sentiment is weak, is good to cool down leesk and consolidate leesk at 0.78~0.82 range. It will be more healthy and better for leesk to move toward target price after consolidation during weak market sentiment.

Posted by atameiban > 2018-05-30 11:07 | Report Abuse

yup uncle, i am agreed with you. although i have leesk shares on hand, but it is good to let this horse clam down a bit, especially during market bad time recently. Ideally consolidate at 0.81 0.82 especially for this week, make the chart looks more healthy and stronger base to rise further in future.

Posted by poosk > 2018-05-31 10:30 | Report Abuse

up..up.. up to 9.30

Posted by freddiehero > 2018-05-31 17:34 | Report Abuse

rili cool la..

Posted by unclelimhuat > 2018-06-01 12:29 | Report Abuse

ideally consolidate at the range of 0.78~0.82, or 0.78~0.845, for few days and above, in order to form a strong base and support. Then only move higher and higher till several target points. That's will form a more healthy trend or move.