Posted by Fundamentalist91 > 2020-12-10 11:32 | Report Abuse

LEESK - Target Price RM1.48

Price - LEESK are still undervalued, CIMB gave a target price of RM1.48 based on PER of 14.8 FY20

https://www.thestar.com.my/business/business-news/2019/01/23/stronger-...

Debt - LEESK have little to no debt, they are a cash rich company.

Dividend - They are planning to pay hefty dividend starting next year.

Industry - Furniture sector, among the best sector to be in as they benefit from US-China trade war.

Its never late to buy, this stock have a long way to go. If they keep on improving, it is certain for them to be on the same level as other local furniture stocks, probably with market cap of RM400M and price of RM5 above.

Posted by Shadow Fiend > 2020-12-11 12:54 | Report Abuse

Based on cimb report on 11/12/2020, from collaboration with cuckoo, leesk anticipates to generate revenue of RM100m for 3 years which translated to RM33m a year, so additional PAT will be around RM2.6m (8% margin). If compared to previous annual PAT of RM6m - RM8m, it's an increased of 32% - 43% per annum!

Posted by Shadow Fiend > 2020-12-11 13:02 | Report Abuse

But Q3 PAT already RM3.8m which is equivalent to almost half of previous annual PAT.

Posted by Battleman > 2020-12-11 17:16 | Report Abuse

Cina ah pek stock needs to be very patience, waiting for fruitful result since beginning

Posted by buystock > 2020-12-11 18:02 | Report Abuse

Bought this company due to cash rich, already got 2 times dividend..

Posted by Jingweihan > 2020-12-12 15:31 | Report Abuse

Sapu

Posted by BursaKakis > 2020-12-12 23:53 | Report Abuse

TP RM1.60 by CIMB
https://www.klsescreener.com/v2/news/view/765453

Posted by thesteward > 2020-12-13 10:00 | Report Abuse

This company achieve fantastic profits during Covid . Can you imagine how much more post Covid ???
Good decent management who is fair to investors n give divvy . Let’s hope at least rm1.50
This week looks like can spilke

Posted by thesteward > 2020-12-13 10:01 | Report Abuse

Shadow fiend you are right on!!!

Posted by thesteward > 2020-12-13 10:03 | Report Abuse

Cimb target 1.48 ! Current price is still so attractive . Anything below rm1 so attractive .

Posted by Battleman > 2020-12-13 12:33 | Report Abuse

TP RM 2. 30 iless than 2 years time , if the collaboration relationship successful proven

Posted by thesteward > 2020-12-14 08:58 | Report Abuse

Gogo leesk

Posted by Tete7893 > 2020-12-14 11:05 | Report Abuse

ltr limit up ?

Posted by CHHu > 2020-12-14 12:49 | Report Abuse

doubt can go above 1.5, last time 1.1 alrdy no power

Posted by thesteward > 2020-12-14 13:56 | Report Abuse

Congrats comrades

Posted by thesteward > 2020-12-14 13:57 | Report Abuse

Chun chun

Posted by thesteward > 2020-12-14 15:08 | Report Abuse

First highlighted ard 50 sen . Don’t chase stocks

Posted by Fundamentalist91 > 2020-12-14 16:59 | Report Abuse

Good job guys, those who had stayed with me since the start, I suggest taking profit now, I did too. RM1. I still have half of my original position for long term.

When things are too good, don't be too greedy

Posted by limsingpoh9497 > 2020-12-14 22:30 | Report Abuse

Tp for tomorrow : RM.1.16

Posted by StockHunters > 2020-12-14 23:26 | Report Abuse

Target at least RM 1.20 in 1 week.
By next QR target RM 1.90

Posted by thesteward > 2020-12-15 05:04 | Report Abuse

Tomolo I might tp some swap (fm 50 sen ) n add tambun n lionposim . Comgrars and all the best !

Posted by StockHunters > 2020-12-15 18:54 | Report Abuse

Tomorrow gap up and close high green.

Posted by StockHunters > 2020-12-15 18:55 | Report Abuse

TP by end of dec this year - RM 1.5 above.

Posted by thundery > 2020-12-17 09:41 | Report Abuse

If bank told you target is 1.9 means actual target is half of that, means need to sell now.

Posted by StockHunters > 2020-12-17 19:34 | Report Abuse

lame statement by thundery. no such thing.

So CIMB target 1.6, now already 95 sen, double wor?

Posted by StockHunters > 2020-12-17 19:35 | Report Abuse

TP RM 1.5 in 2 weeks. simple.

Posted by limsingpoh9497 > 2020-12-17 22:09 | Report Abuse

TP for tomorrow:RM1.10

Posted by SEE_Research > 2020-12-18 04:26 | Report Abuse

THIS STOCK IS TOP SMALL CAP PICK FOR 2021 (106% POTENTIAL UPSIDE)
Author: Chongkh888
Publish date: Thu, 17 Dec 2020, 10:35 PM

Lee Swee Kiat is one of the top 3 small cap picks with the highest upside (+106%), according to CGS-CIMB Research
latest strategy report.





Summary



LSK is Malaysia’s largest manufacturer of natural bedding products, with annual production capacity of 6,000 tonnes.



LSK should record stronger quarters ahead, driven by higher semi-foam demand from export markets and maiden contribution from JV with Cuckoo.



LSK is targeting at least RM100m (LSK’s portion) from the JV in the next 3 years. Do note LSK existing business recorded RM100m sales
last year.



Reiterate ADD with TP of RM1.60 (12.9x CY22F P/E, a 30% discount to our consumer discretionary sector CY22F target P/E of 18.4x


- CGS-CIMB Research

Posted by 5877max > 2020-12-20 00:27 |

Post removed.Why?

Posted by thesteward > 2021-01-13 16:13 | Report Abuse

Such nice FA hope can at least perform like cymao

Posted by investingnewbie > 2021-02-02 12:43 | Report Abuse

There's some nice activity today, will it continue to increase?

Posted by investingnewbie > 2021-02-08 20:54 | Report Abuse

I'm on the boat :(

Posted by investingnewbie > 2021-02-11 09:58 | Report Abuse

I'm stuck at 0.92 hahaha

Posted by SpicyMcDeluxe > 2021-02-22 12:08 | Report Abuse

kekw

Posted by swagger855 > 2021-02-22 15:21 | Report Abuse

Lel

Posted by Silentreader88 > 2021-02-22 15:46 | Report Abuse

almost LU 1.28
watch out other furniture homeritz

Posted by Battleman > 2021-02-24 18:18 | Report Abuse

Highest RM 1. 27, now rewind

Posted by mooninvestor168 > 2021-03-01 13:44 | Report Abuse

correction before the next push, wait US market recover more :) collected more today.

Posted by Begineer > 2021-03-12 17:10 | Report Abuse

any news on the cuckoo mattress collaboration? when will they launch the product?

Posted by Superb99 > 2021-04-21 09:37 | Report Abuse

this counter like very slow, too little volume

Posted by Superb99 > 2021-04-21 14:22 | Report Abuse

0.975...gg.com

Posted by Superb99 > 2021-04-22 15:20 | Report Abuse

snail counter, same like SAPIND...little volume every day

Posted by Rwkl > 2021-04-25 00:03 | Report Abuse

From the cover of the AR, is the subject on the mattress comes along with the lease?

Posted by Superb99 > 2021-04-26 18:05 | Report Abuse

Can tabao liao

Posted by Superb99 > 2021-04-27 09:26 | Report Abuse

Lesson learned, stay away from low volume counter like this leesk...pui

Posted by ANYU > 2021-05-09 09:42 | Report Abuse

该让时间告诉我们。

Posted by Superb99 > 2021-05-18 14:52 | Report Abuse

1 day only 100 over lots are traded and price is so flat

Posted by Shadow Fiend > 2021-05-24 10:56 | Report Abuse

AGM highlights:
1) domestic sales are very encouraging but cannot confirm the effect of MCO 3.0 which may affect it temporarily,
2) export sales are also good but due to rising of ocean freight cost, some customers may delay the import for awhile,
3) sales derived from Cuckoo just started at end of March 2021 and target sale is 10k-14k mattresses in 2021,
4) even with rising of raw material costs, leesk able to pass it to customers,
5) acquired automation machines in 2020 which can increase capacity but pending foreign technician to fly over for commissioning,
6) bought 8 units of dormitories for foreign workers to comply ESG,
7) production is running at full capacity but MCO 3.0 limited 60% of workers may affect it in short term.

Posted by Superb99 > 2021-05-25 11:30 | Report Abuse

Up a bit then go again

Posted by Superb99 > 2021-05-25 17:39 | Report Abuse

thus rubbish counter can tabao liao, positive result but longkang price