RainT: Dont like to hold many stock and no time to monitor. In fact I lost the earlier opportunity in Dlady when i did not hold for long term when 10 years ago i bought dlady about RM10 and now abt RM54

Comfortable with the stock. Holding for long-term, good fundamental and business easy to understand. Even if u explain to kids they understand the products. My other stock is dutch lady. Dont need to hold many stocks

I bought at RM2.03 on 8 April 16 and then RM2,82 on 19 Aug 16. Still holding

RM10,000 to RM52,000 less than 10 years. http://sharinginfoz.blogspot.my/2016/04/rm10000-jadi-rm52000-tak-sampai-10-tahun.html Based on current price it is RM57,800 not including dividend

any potential share split or share bonus issue in order to increase liquidity?

Just bought this counter few days ago at RM2.03, should hold for long-term

I think the stock will be above RM1.50 ex-date as after bonus issue, the stock will be at least RM1.50 so not a penny stock.

The company just acquired the remaining 35% stake in Embrace Industries for RM12.2 million. With this, the company will consolidate all revenue and profit in Embrace Industries.

so sad since i already disposed this share. now bought homeriz, before that KNM

I think these proposals are positive as it will reduce the interest on loan approximately RM10 million per year and will improve the net profit especially when the other half of proceeds be used for productive purposes. However, EPS will be diluted as number of shares increases. Whatever it is, KNM is a growth stock and need to invest a lot in order to expand the business but make sure do not expand too quickly as previously.

company's directors acquired more shares yesterday. more news to be announces soon?

the company is fundamentally strong, got growth story and that's the reason i have switched my holding from lii hen to knm. Make profit almost 30% within 2.5 months, bought 1.97 and sell 2.54

jasonlim84: Foreign currency translation differences loss of RM50.4 million is a lot for 1H2014 compared with RM10.9 million for 1H2013.
china75: see page 1 http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/D385AE38091C756D48257D410034DB9B/$File/KNM-Financial%20Results_2Q2014.pdf

I think loss on derivative transactions

Type of transaction Date of change
No of securities

Price Transacted (RM)
Disposed 22/08/2014
1,695,600

Just 1.7 million shares

I have made about 30% in this stock within 2.5 months (RM1.97 vs RM2.54) and not regret to sell this stock earlier.

Based on the latest 2Q2014 report, it recorded net profit of RM6.45 million inclusive of insurance claim of RM6.23 million and loss (expenses) relating to fire of RM3.63 million (PPE and inventories written off). Taking consideration of the effect of fire, the actual net profit is RM3.85 million or EPS of 6.42 sen. EPS for 1Q2014 was 13.76, total EPS for two Qs was 20.18 sen. If Lii Hen manages to record another 15 sen of EPS for the next quarters, total EPS for 2014 will be 35.18 sen. Using PE of 6-8, fair value will be RM2.11-RM2.81.

Unless Lii Hen address the low liquidity of the share, the stock is very difficult to achieve higher PE valuation i.e. at least at 10 or equivalent to fair value of RM3.52.

The stock will be higher also if it improves EPS maybe more than 35.18 sen for full year. Just my neutral comment.

By the way, I am currently holding KNM as I believe it can offer growth story especially for those who are willing to wait.

very good observation hardrock

KNM is a good company, once the projects are reflected the bottom line, then KNM will win the investors' attention

still thinking whether it is a wise move to take profit on lii hen and switch to KNM?

I am sure tjhldog has interest in this stock, he keeps posting

Actually this is Islamic traded sukuk. Kalau conventional is exchange traded-bond. Boleh baca for info. http://sharinginfoz.blogspot.com/2013/01/bagus-ke-melabur-dalam-sukuk-runcit.html

I am a big fan of lii hen, agreed that the stock has increased a lot in the pas few days and may enter into consolidation phase but do not worry as it will be temporary as the fundamental of stock is intact as high dividend yield and relatively low PE with a good prospect.

I hope the mgt is able to address liquidity issue and maybe to undertake capital exercise i.e. bonus issue or share split

What was ur cost candygirl

Among the criteria that I look before choosing this stock are PE less than 10 and dividend yield more than 5%.

I am happy with Lii Hen so far. About one month ago, I bought at RM1.97 and last friday (4.7), the price was RM2.50 so the return is about 27%, this is not including dividend of 4 sen that I just received. By the way, another ex-date of 3.5 sen dividend next monday (7.7).

This show that people buy this stock for long-term not for trading as dividend yield is high

sensse maker, impact on exchange rate is very minimal as USD depreciated about 1.9% against RM (3.2354 vs 3.2980) for Q2 against Q1. I think, EPS is at least 10 sen

OTHERS Fire Incident ( 3 April 2014)
LII HEN INDUSTRIES BHD.

Type Announcement
Subject OTHERS
Description Fire Incident ( 3 April 2014)
As follow up to the announcements made on 4 April 2014, 7 April 2014, 26 May 2014 and 13 June 2014 pertaining to the fire incident on 3 April 2014 night at the premises of Lii Hen Furniture Sdn Bhd ("LHF") situated at Plo 43, Bukit Pasir Industrial Area, 84300 Muar, Johor Darul Takzim, the Board of Directors of Lii Hen Industries Bhd wishes to announce that the following claims amounting to RM6,202,224 have been agreed and confirmed:


Items
Net carrying amounts (RM)
Claim amounts agreed (RM)
Buildings 1,799,631 3,266,143
Plant, machinery and other
equipment
749,552
1,980,044
Inventories
1,138,230
956,037

Total
6,202,224

whereas the net claim receivable is RM4,248,507 after deduction of salvage value of RM153,717 and the interim payment of RM1.80 million that was received by LHF in June 2014.

Hence, as to-date, there remains an outstanding claim on the consequential loss that is pending finalisation.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1673537

Tomorrow payment date for dividend: 4% and monday (7.7.14), ex-date for dividend: 3.5%. low PE and high dividend yield=good stock. High potential

The Board of Directors of Lii Hen Industries Bhd ("Lii Hen") wishes to announce that all the resolutions, as described in the Notice of 20th Annual General Meeting ("Meeting") of Lii Hen have been duly passed by the shareholders at the Meeting held at Classic 1, Ballroom, Classic Hotel of No. 69, Jalan Ali, 84000 Muar, Johor on Tuesday, 17 June 2014 at 11.30 a.m.

As follow up to the announcements made on 4 April 2014, 7 April 2014 and 26 May 2014 pertaining to the fire incident on 3 April 2014 night at the premises of Lii Hen Furniture Sdn Bhd ("LHF") situated at Plo 43, Bukit Pasir Industrial Area, 84300 Muar, Johor Darul Takzim, the Board of Directors of Lii Hen Industries Bhd ("the Company") wishes to announce that LHF has received a letter from the Ibu Pejabat, Jabatan Bomba Dan Penyelamat Malaysia of Negeri Johor ("the Jabatan") confirming that the said incident is an accidental fire, as stated in the Report on Cause of Fire (LPK 1) issued by the Jabatan.
The estimated loss arising from the said fire is about RM6.30 million that comprises of loss on inventories and restoration costs on factory buildings, plant, machinery and other equipment.

The outcome of LHF's fire damage claim is in the final stage of finalisation and the first interim payment for fire damage claim of RM1.80 million as announced on 26 May 2014 has been duly received by LHF.

The Board of Directors of the Company will continue to update on material developments for the above incident.

this friday is ex-date for 4% dividend, maybe somebody will push the stock higher today and tomorrow?

http://klse.i3investor.com/blogs/liihen.blogspot.com/35417.jsp

Anyway maybe some investors got burn in 2004 and market cap fell by RM370 million within 2 days. The highest and lowest price in 2004 were RM 6.80 and RM 1.06.

you have to understand the nature of this stock, low liquidity as most of people buying for long-term, for dividend and not suitable for traders but wondering why some people are so keen with the development of Lii Hen. If not holding any share, why bother follow this stock, waste of time unless have some hidden agenda

I don't understand why certain people that claim don't have interest in Lii Hen but the way they put comments suggested that they want people to sell and most probably, they want to collect the stock. Maybe because they feel regret for not buying Lii Hen earlier.

I see potential of this stock. Bought at RM1.97 few days ago and have been monitoring Lii Hen since around RM1.74. Good track record in terms of dividend yield and also, low PE. I think, once people realise of its potential, it will reflect better in pricing. Sit back and relax.

delta, it is good IF institutional investor ngap this caunter, currently only family investors. Need to improve on corporate governance as lots of related party transactions whereby major shareholder has interest in the company that has been awarded contract i.e. on hostel etc.

If you are a speculator of course u are worried changes in share prices but if you are investor, up and down is normal. what's important fundamental of this stock. Unless big thing happen that will change the business direction of lii hen

US contributes more than 80% of Lii Hen's revenue and that's why lately its profit increase as USD appreciated against ringgit. Anyway, Lii Hen's performance mostly depends on US. For example in Aug 2013, the stock price fell more than RM0.30 to RM1.31 as based on quarterly report, sales from US dropped more than 30%. However, I view this counter is good as very low PE and high dividend yield. Have to be patience with this counter and of course not for speculation.

Based on latest annual audited account, EPS was slightly lower at 25.84 sen (2012: 25.89 sen). BIMB also proposed final dividend of 8.5 sen. It also announced Rifina as a director. She is currently working as GM (Corporate Services) in Tabung Haji.

Most likely Tabung Haji want to have more say in the company. Other than that, not much info on BIMB except last week, EPF was accumulating shares in BIMB. EPF has 9.4% interest in BIMB.

o&g sector to i think refer to financing to that sector and not directly. http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=1012329

Last time when Tabung Haji acquired 1.39 million shares was on 13/12. This represent about 27% of volume traded. On that day, the stock rose 13 sen from RM4.21 to RM4.34.

On 4/1, stock rose 6 sen to RM4.35 and volume increased from 0.37 million to 1.9 million.

Foreign holding is very low for this counter @2.81% as at 31/12. So with tapering, the potential outflow of funds is very unlikely. The biggest shareholder, Tabung Haji more than 50% will provide good support for BIMB. For EPF it is not unusual to reduce the holding as it cost might be very low. Just taking profit.

The sad thing about this counter is illiquid but for long-term investor, it will provide good opportunity to enter into banking stock which is shariah compliant with low NPL, high CASA and fee-based.