If you are still worrying perhaps you should look for other stock that suits your profile better. It is not good to hold any share you do not feel safe about it.

This share is a growth stock + turnaround (from temporary issues). Growth stock generally gives you long term return and turnaround gives you short term return. With these two combined, you can expect a medium return at low risk in within a year. I don't think there would be any buying opportunity for this stock if it is without temporary steep drop of revenue and profit due to MCO 3.0.

@Thirai - What you feel is very normal if you just look at the surface of the number alone that happened 5 to 2 months ago because it is not a nice figure. However, to see beyond this or to be able to see the future, you need to digest this figure with OTHER INFORMATION. By checking the quarter result in MCO 1.0 and how the earning recovered after that would help you to understand. You may be able to observe that the company is now coping with MCO 3.0 in a lot more effective way to reduce the impact and also you may be able to see that the shock level to the shareholders is a lot less from how the share price curve changed.

80% of the profit comes from market in Malaysia. Contribution from Vietnam is only 20%.

Spread of Covid-19 and MCOs etc. will change the timing of motorcycle production and therefore the transaction but not reducing the demand (the demand should be increasing instead). Therefore recovery would be strong and quick.

Very likely result is already good in Oct and Nov so that the management made a statement where "barring any further MCO, result for FY 2022 will be satisfactory". Furthermore, in general, Malaysian's income has reduced in the past two years and many M40 has now fallen into B40. These people are then motivated to opt for a cheaper mode of transportation which is motorcycle instead of car, due to affordability and the need to rebuild their emergency fund. Lesser disposable income will also encourage them to save recurring fuel and maintenance expenses which can only be feasibly achieved by choosing motorcycles.

Hi CWC1981, Sonos' order is placed to FPI through Wistron. However, I do not know how much of the total order is allocated to FPI.

I beg to be differ. This 2022 Q1 result is far better than what I predicted. With this result I'm a lot more confident that HLIND will achieve RM 0.90 to RM 1.00 annual EPS for FY 2022. If this is real share price will have very good chance to go up to RM 11.00 or higher by end of FY 2022.

Look around other stocks of matured business which could fetch EPS more than RM 1 annually, their share price is around RM 14. So it is quite conservative to predict HLIND to achieve RM 11 or higher when its EPS normalizes to RM 1 or higher annually.

It is unreasonable for the market to price HLIND at least RM 2 lower than its fair value just because of this expected -10 sen quarter EPS as a result of MCO. The money is yours to grab, as much as you need, to buy at current price and wait for 15 to 20% appreciation in 4 months time.

My forecast for HLIND Q1 result: -10 sen :)

Furniture is one of the industries that is expected to turnaround in Q4. Poor result is expected for Q3 due to plant shutdown during MCO. I believe deep pocket investors are aiming for this opportunity as well. What are they waiting for? When inexperienced investors are panic to sell after seeing the Q3 result that is to be released soon because they had not weigh-in the damage of MCO inflicted on the Q3 result, that is the best time for these smart money to take a good position. However, if the fear isn't great enough to motivate a sell down, I believe these smart money will eventually loose patience and starts to flow in by December, otherwise they will miss the chances to buy low.

While US might be reducing the import tax, it is more likely to happen in staggering rather than total cancellation. Furniture industry is still a labor intensive industry and don't forget that wages in China is no longer cheap. Risk of investment should be quite low at RM 3 per share. Even if the business could not recover to the result achieved in 2019, the performance that it requires for the share price to appreciate to RM 3.60 level in early 2022 should be a low hanging fruit to reap. In short, "low risk and moderate / high reward" is what I could think of for Liihen shares at its current price.

There might be back log in Q3 due to MCO but one of the main customers commented that Malaysia factory is recovering better than expected. Actually, most of the FPI's customers feel that demand for audio electronics are still very strong. Some even got positive response from stock market where they are listed when they increase the selling price of their product recently. So the worse thing could be Q3 profit not as good as Q2 but is still delivering decent profit and Q4 will be the best ever quarter that we have not seen before. Don't forget that Sonos plan to double their size by year 2024. Check this out: https://www.bloomberg.com/news/articles/2021-03-09/sonos-targets-annual-revenue-growth-to-2-25-billion-by-2024 Therefore be far sighted if you are really investing into fundamentals and long-term gain.

Hiring 100 operators and expanding...

Thanks @tctan070708 for your kind explanation

Why this company only announce 3 quarter report each year? Anyone mind to help me understand this? Thanks

Let the data speak. Next quarter result will be poor but it will come back strongly after that.

Yamaha 125cc sold out everywhere

Q3 result is coming closer and closer

The darkest days are about to pass. The golden age of motorcycle industry in Malaysia is coming.

The factory closed for about 2.5 months out of 3 months in Q3

Hi Pasar_Pagi, I think Liihen will register net loss in Q3. And the amount of loss would be high enough to cause some sell down once the result is published.

Hi Pasar Pagi, I don't think its plantation is the main source of raw material. Is there anyone able to estimate Liihen's next quarter (Jul to Sep) loss?

Hi Philan, the question is, why would someone jack up the price to 4.50 for these employees to exercise the ESOS and sell the shares?

My guesstimate is that RM 3 could be the high side of the fair value.

If next quarter earning is bad, then the bonus might be less attractive. If the result is very good, then the price might break RM 3.

Hi Carimakan, I think need to wait for a while. Need to apply and wait for Bursa to approve. Long process. The entitlement might be after the next quarter report if it takes more than 2 months.

Suddenly up and suddenly down. Maybe something big is brewing.

It will be most terrible if it close at lowest today.

Looks like another wave of dumping

I think 2.70 is a fair price. I believe annualized EPS 30 sen per year is achievable and sustainable. The warrant is to prevent some late joiners from buying cheap and partially because insiders have excessive cash to re-invest.

Based on this understanding I think majority of existing shareholders are still in a comfortable position to decide either to stay or exit in weeks or months to come.

Technically, the chart shows that sellers have an upper hand, but there is strong support at RM 2.75 to RM 2.77. I guess the management has confident to pay higher dividends so that yield remains attractive at 4-5% after bonus issue to support the share price so that warrant will be still attractive. As such, I think following months the price have strong support at around RM 3 before bonus issue and RM 2 after bonus issue. Please share your thoughts also. Opposite opinion is welcome.

Look at the size of the fund that BPPlas is going to raise through the warrants. It is about the same size in term of the value of existing property, plant and equipment in total. Looks like BPPlas has a plan to double the output in long term plan and possible 50% expansion in short to mid term plan. So I guess business could be so good that massive expansion is required. Well, I could be wrong. I hope that someone who has more information is willing to share here.

Hi Localmotive, if he really want to sell, he can sell all in a single day. Selling bit by bit on different days could be an intention to catch attention. Just my wild guess. So we should do the opposite, which is to hold. It is golden age of smart audio and speaker from 2021 to 2025. Sonos has a plan to double her revenue by 2024. Other players such as Sony also aim for double digit CAGR. Therefore, holding or even slightly increase the shareholding should be something wise to do. But if your cash flow is stretched, it is also good to sell part of your shares so that you wont feel so stressed out as the price fluctuates.

Uchitec price is supported by its dividend. Expecting sustainable dividend of 18 to 19 sen annually and increases in future at single digit rate. This is a "bond share". We shouldn't expect Uchitec to grow as fast as semicon company because it is not one.

Hi Jeffson, I'm not sure who's #1 and 2. But I'm very sure Wistron is #3, by analysing a few figures in the quarter report. And I guess Roland and Sonos could be #1 or 2. Both 3 customers experience tremendous growth in revenue y-o-y especially Roland and Sonos revenue grew more than 50%. However, these companies sell not only speakers.

Uchitech is growing with Jura

No so difficult to go to 2.80 again. Just another equally good quarter report will do.

Hi Guys, would you be able to name top 3 customers of FPI by revenue? Let me start first. No. 3 is Wistron.

12 sen + is still good because one month + lockdown. As I said, the market is here in Malaysia and is not running away from Yamaha. No worry. This is just a winding path to return to EPS RM 0.90 - RM 1.00 annually (excluding Q1 2022). Therefore, good opportunity to collect at current price or till early December before the next good news is out.

Good time to collect the shares from now till early December.

And expecting EPS to be able to maintain 24 sen annually next year. Reasonable?

I'm expecting EPS 6 sen per share at least, for Q3.

Missed the AGM this year. :(

There are 6 factories under Liihen Group. It is not surprising if some of these had completed the vaccination slightly earlier.

Cherry88 thanks.

Although the business will recover as soon as the workers are vaccinated and back to work by mid of September, the price will recover only by end of this year or early next year because the report comes later than the change / progress.

Ya. No div for this quarter. Wait for next year.

I guess this time EPS very low. Maybe 0 to 5 sen