Followers
0
Following
0
Blog Posts
0
Threads
1,031
Blogs
Threads
Portfolio
Follower
Following
2021-02-23 14:42 | Report Abuse
XxxxXzz Thanks for your accounting class. Appreciated. Please tell me from account method, if subsidiary A sold subsidiary B goods, will the same item appear as revenue and inventory at the group account?
2021-02-23 13:52 | Report Abuse
Well, what i want to mention is whether Lii Hen include inventory production cost into Cost of sales.
yoy, inventory increase RM59mil , cost of sales increase RM57mil.
2021-02-23 12:14 | Report Abuse
Let's say Lii Hen has 10,000 workers and all sent for Covid-19 at RM300/test, the cost only increase RM3mil. whilst Cost of sales increase RM57Mil yoy.
Cost of sales = overhead + material cost. Well, the Qr didn't separate out the admin/marketing cost so i presume they lump sum it including cost to produce inventory.
Warehouse is under fix asset unless they rent it.
2021-02-23 11:01 | Report Abuse
Given operation cost increased RM3mil while inventory increases RM59mil, I believe the cost of inventory is in the cost of sales.
2021-02-22 19:10 | Report Abuse
maketlittlemoney Good points. Yoy, although cost of sales increase 31.66%, but revenue increase 24.53% + inventory increase 67.71%. This correspond to container shortage. If you add in the inventory as goods waiting to ship, then the profit margin is increased instead. Also, with total liability not increase, Fix deposit of the co increases 21%. Given operation ease for several weeks due to MCO, Lii Hen still manage to increase sale as well as giving dividend in every quarter fin 2020. This say how good is the co doing in 2020.
2021-01-12 16:44 | Report Abuse
Headlight robbed by Darulat. aduh...
2020-12-31 13:08 | Report Abuse
Pfizer vaccine not pack in 1 dose per vial, that's why there were cases injection of 5x doses by error reported. Therefore repack is possible in local to avoid any error injection.
2020-12-29 12:02 | Report Abuse
Unlike some glove manufacture to assemble almost all of its plants in one compound to save cost, the way Lii Hen seperate her biz in several plants n locations has diversified the risk so closure a factory wont affect the other factories. some more EMCO during the holidays week will have minimum cost.
2020-12-28 16:21 | Report Abuse
may be the big fish accumulate enough ticket after pressing price low recently n now the time to release its potential. haha..my 2 cents joke..
2020-12-28 13:17 | Report Abuse
China is facing power shortage recently and timber boycott on Australia woods. Malaysia furniture will benefit from the situation.
2020-12-28 13:13 | Report Abuse
Pfizer vaccine comes in vial which contains 7 doses. There will be left over in every vial. Therefore gov may opt to refill it to ease medical official job and saving.
2020-12-23 23:38 | Report Abuse
Good investor Agree.my research shows it is the best furniture stock.
2020-12-17 10:52 | Report Abuse
Price dropping when vaccine is coming soon...hmm...if somebody is pressing the price to accumulate?
2020-12-15 17:40 | Report Abuse
We see car insurance and hospital claim decrease during lock down, same may expect from MAA Philippines.
At the meantime, commodity price increase as well electric car is moving as main stream. The investment on Australia co may fruitful
2020-12-15 17:35 | Report Abuse
freight cost doesn't matter if co quote in FOB term.
2020-12-15 10:14 | Report Abuse
I want to ask those keep asking why price dropping: How you made the buy decision?
2020-12-15 10:11 | Report Abuse
Pfizer vaccine required 2 doses. we need 42mil vials if wish to cover 70% population.
2020-12-14 15:31 | Report Abuse
Good Quartery result.
Cancelation of treasury share.
And.....
2020-12-10 14:33 | Report Abuse
one can sign as many MOU as he likes at no cost. It is not legally bind.
2020-12-08 13:13 | Report Abuse
KJ just said gov direct nego with supplier doesnt mean gov wont appointing a co to execute it in later stage.
2020-12-02 18:17 | Report Abuse
One can buy himself no need wait gov free vaccine.
2020-11-27 18:04 | Report Abuse
compare to Homeriz, Lii Hin is a net cash co
compare to Pohuat, Lii Hin achieve grow in revenue and profit for succession 5 years.
2020-11-25 09:45 | Report Abuse
with good news from vaccine, what Pharmaniaga would benefit?
1) Pharmaniaga, the gov controlled entity will be given priority since she is the only 1 or 2 company has the facility to pack, store and distribute the vaccine complying to MOH strict regulation. In course of this pandemic and intention to speedy cover the population, gov will highly possible renew her supply and distribute contract to a further years because she has the logistic system link to gov hospital .
2) With recovery of normal life, we expect more ppl including Indonesian will revisit hospitals and clinics which will push up the sales of drugs.
2020-11-25 09:34 | Report Abuse
due to Covid19 and flood in southern China, some orders have shift to Malaysia. Now the orders are abundance only for gov to allow intake of more foreign workers.
2020-11-24 15:54 | Report Abuse
Pharmaniaga the logistic partner?
http://hsi.moh.gov.my/2019/11/27/pneumococcal-vaccines/
2020-10-19 09:41 | Report Abuse
If so, better buy glove, chop the fingers, can make 5.
2020-10-14 18:22 | Report Abuse
Just wonder, is MAA considering buyout MAS ? :)
2020-08-25 22:13 | Report Abuse
TY has been speaking for many years of venture into Manufacturing and is searching the right business. Now we know rm50mil can build a glove factory and all can be done by turnkey contractor and Malaysia no lack of experience ppl in glove industry.
If the previous reason to privatize because the share price under value, then now is the moment to maximize the value of share. Sack the lousy investor banker who only advice share buyback to delist while other are queuing to buy shell to enter the bull market.
We have been waiting for many years. Now is the best time to maximize our cash reserve and listed status. Do something. Now or never.
2020-08-25 17:49 | Report Abuse
China is picking up the production of glove.
2020-08-22 19:03 | Report Abuse
Alamak! Monteri appoint his son into BOD.
2020-08-20 16:20 | Report Abuse
Covid 19 syndrome can be treated by existing drug. Expecting good QR result
2020-08-14 15:05 | Report Abuse
Gov announced gov had spent 100mil for Covid-19 test kit. Who is the biggest supplier?
2020-08-14 12:01 | Report Abuse
Don't put too high hope on vaccine. Malaysia and some countries recovery rate is encouraging which means existing drugs are as good in fighting the disease. And most of these drugs has been in the market for many years which patent already expired and we are able to produce the generic locally.
2020-08-14 10:03 | Report Abuse
Malaysia changed from a central government
purchasing system to a privatization model where a private company is given exclusive
concession to supply a large part of medical supplies to the government. A study in 2009
found that selected drug prices in the public sector increased post privatization, particularly
between 2001 and 2003 when they rose by 64%.
From 2006 to 2016, the pharmaceutical market (prescription and over-the-counter (OTC)
drugs) grew at an average annual rate of 8.3% from RM3.4 billion to RM8.6 billion
Production of generic medicines is mainly for domestic consumption although the larger
companies are increasingly turning to exports. These include Duopharma (CCM) and
Pharmaniaga (both GLCs), Hovid, Kotra and Y.S.P. The two large GLC pharmaceutical manufacturers are casting their nets abroad. Exports account for 25% of Pharmaniaga’s and 11% of CCM’s sales revenues respectively.
2020-08-12 18:25 | Report Abuse
US reportedly will give all their citizen vaccine.
2020-08-07 17:54 | Report Abuse
Based on last Quarter, estimate EPS 32 cents for 2020 financial year, RM4.45 is about PE 14
2020-08-07 13:19 | Report Abuse
It is still long way to go for vaccine. Malaysia is buying HCQ for covid-19 treatment and prevention. Read that had bought 1mil tablets from India, just wonder is Pharmaniaga the only authorized agent or sole distributor to gov hospital for this drug?
2020-08-06 17:33 | Report Abuse
Now Glove stock is goreng sky high, Since Malaysia still has several non-listed glove companies, perhaps TY should consider to sell MAA as a shell to one of the glove factory so Ty and us can goreng the price. :P just my two cents.
2020-06-29 14:21 | Report Abuse
The agenda sent to us is very general and without specific intention. Can I rewrite the subject to :
Propose cancellation of dividend passed in previous EGM and fully authorized management to utilize it under their full authority?
2020-01-22 13:18 | Report Abuse
Batu Kawan's bleaching earth is dominant in local Palm Oil refinery.
Her subsidiaries' Syntomer is dominant in synthetic Glove manufacturing.
2019-12-18 22:48 | Report Abuse
If Tengku is putting 2nd effort to take, please don't use the lousy Consultant and Investment bank who let him down and embarrassed him. Our co has spent so much money to get a lousy advisor. See the quality of ghostwriter here we know how lousy the previous consultant is. Please don't use the same lousy advisor this time ya, Tengku.
2019-12-17 20:21 | Report Abuse
The syndicate reappear, prepare for another round of take over.
2019-12-17 12:08 | Report Abuse
haha linda77 so means you know there is no lousy asset right now
Stock: [PHARMA]: PHARMANIAGA BHD
2021-05-12 11:46 | Report Abuse
We still need to pay service fee to excersise the bonus issue. Anyhow, Pharma will be a penny share (unless it shot up to RM5 b4 split), more volume, more easier to goreng. Are you ready?