Shireen's order at 1.6 - 1.7 will remain as the support for this stock.

Opportunistically sold at 1.85!! Now looking to buy it back! =) Keep dropping keep dropping please!

I think mid-term though. Quite a few catalyst that will drive short term momentum.

Integrax. Almost small cap but stable and growing.

TNB new contract finalized. Coal throughput to increase by 10%. But since the cost will not increase by tandem, should expect profit to increase much more than that. Conservative TP RM 1.98 now.

and it did! not sure if this is the time to let go the momentum

reaching the target price soon!

Hi,

May I know what is the target net return usually?

Thanks.

Regards,
Xing Xian

sensemaker i just copied that from the annual report. the term is to be renewed monthly. not 21 million monthly. but anyway if u sum up all the RPT it is about 10% of Lii Hen's sales I believe. .

But I think the profit of these deals that they rake out for the family can be as high as 20% of the company profit? I don't know la I dont invest in them and I focus on a different list. if anyone has done some research on this would be great if he can share it!

Lii Hen is good but i think there are other choices also which i am more comfortable with the corporate governance.

While it is good, one thing to think about Lii Hen is its corporate governance. With so much related party transaction going on... for example this one...

Paragon Progress FD, LHF to purchase RM21.6 million Monthly Chua Lee Seng
Sdn Bhd8
the lacquer, thinner and Tan Bee Eng
- principally involved furniture parts and Tok Heng Leong
in manufacturing of to award finishing works Chua Yong Haup
coating, polyurethane
furniture parts

and this one...

Double Soon Huat FD to award sub-contract RM2.0 million Monthly Chua Yong Haup
Enterprise7
work for furniture parts
- furniture parts and components
sub-contractor

why do we need a subcontracter in the family???!!!!

I think another criteria to add in would be good corporate governance. Which will effectively rule out CSL. And the likes of XingQuan, Xidelang.

Freight was good at one point but now it is just too exp! I really like the good corporate governance.

Freight fly, Century fly, Tasco's turn soon!

hmm... it seems cheap but the overseas division is failing... profits is still gonna go down but hopefully will be supported by the malaysia growth... expecting weakness for 2 or 3 more years i guess.

yup. still the same story. new operation commencing will boost the revenue. with different major shareholders sitting on the board and auditing committee the company is in good hands in terms of corporate governance and reporting. ultimately it is a simple business that anyway can run well. i hope it drops below 1.40 lor i havent bought enough!

Same here. I sold it not because I think the price was too high but I was hoping for a correction so that I can buy back at lower price.

Potential to reach 1.80 with 12X 2014 PE(E)

Aiming for the historical high!

hehhe did u manage to buy ti at 1.22?

I got in at 1.25. u? seem like a good time. cant really go lower

yea i think the public will only start realizing the effect early next year. anyway my target price is 1.60. whenever it hits that i will release all.

sigh seems like some big fish is trying to keep the price down... close to 1k lot standing at 1.40...

lol bro did you catch the small run? when we were talking it was 1.25!

Net cash per share is stupid. 0.2/5 is only 4%

by the way I have conflict of interests here. This is one of my main investments.

sh2383jbt:
LBT is currently contributing close to RM 15 million profits. The contract would mean extra 50% capacity and RM 7.5 mil profits since the port has always been working at near fully capacity? Considering the company owns 80% of LBT and hence it means there will be an extra RM 6 mil profit attributed to the balance sheet, contracted, guaranteed, and recurring. That's 15% extra profits? At least that's wat i think.

yea thats another source of guaranteed recurring profit

Both are trading below NTA. But I prefer this over Perak corp as almost all the revenue is on recurring basis contractually with a few big players in Malaysia. Hencefairly recession proof and ppolitical event proof.

all big shareholders have been buying

why is this dropping so badly
?