Posted by makelittlemoney > 2021-03-26 13:14 | Report Abuse

got dividend?

Posted by cherry88 > 2021-04-05 09:42 | Report Abuse

Was told furniture business is very good. Orders all q up to dec loh. Given the current strengthening of USD, we will see another record level for Liihen.

Posted by Chili_Padi > 2021-04-17 21:41 | Report Abuse

XxxxXzz u must be an accountant with real-life experience. I am not. so am not here to teach you or anyone any lesson (who am I...). Based on limited knowledge, it is not uncommon that overhead is an area that accounting can be manipulated to adjust gross margin. Also, to be concise, it is manufacturing direct overhead. Not broad category of overhead.

Best Rgds,
The humble Nobody

Posted by Chili_Padi > 2021-04-17 21:44 | Report Abuse

cherry88, My 2 cents: The sales volume definitely in increasing trend (global and local). The only concern I pondered upon is logistic cost - which LH made bulk of it's sale from US. Global supply chain has been facing container shortage issue since Q4 last year, it is not easing but made worst by reopening and short term ripple effect of Suez Canal. Q1 profit might be squeezed. In longer term, likely to see rebound when capital flows back to lower risk counter.
Welcome any view.

Posted by Chili_Padi > 2021-04-17 22:00 | Report Abuse

https://furnitureandfurnishing.com/container-shortage-in-asia-pushes-up-shipping-costs/

Posted by cherry88 > 2021-04-19 16:49 | Report Abuse

@Chili_Padi, Container issue is no longer an secret and have not been really resolved significantly. Recalled back that LiiHen operations were closed down in Jan and with CNY holiday in Feb, I don't think LiiHen can be performed much financially in its first q results. Although we know shipping cost will not hurt the company bottom-line directly as all of its shipping term are in FOB, but it will affect their factory efficiency I guess. Hope this temporarily weakening could pose a good accumulate in lower price range. But this trend is not for short teem trading strategy. Short term trading (< 6 month) should stay aside and look for better trading opportunities elsewhere

Posted by jeannie > 2021-04-20 13:17 | Report Abuse

keep dropping, anybody can share what happened to this co?

Posted by observatory > 2021-04-20 17:39 | Report Abuse

May be it is related to Bursa filings last week that show founders disposing their shares.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3147907

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3147909

Posted by jeannie > 2021-04-20 23:35 | Report Abuse

Thanks for the update.

Posted by akira > 2021-05-04 16:30 | Report Abuse

Rugi besarrrr

Posted by RainT > 2021-05-05 18:58 | Report Abuse

come back this forum

see all the new entrants to LIIHEN

You alls dont know LIIHEN history n pattern

Posted by akira > 2021-05-06 12:12 | Report Abuse

Boss RainT, care to share how is the pattern?

Posted by jeannie > 2021-05-07 10:42 | Report Abuse

what pattern...looks so positive and now keeps dropping

Posted by kens88 > 2021-05-10 21:41 | Report Abuse

got director disposing. bad news incoming?

Posted by jeannie > 2021-05-10 23:31 | Report Abuse

now drop like shit...still can buy???

Posted by wallstreetrookie > 2021-05-24 06:52 | Report Abuse

Sales surge in home improvement remains consistent despite concerns regarding concerns on inflation and rapid rise in raw material costs would motivate consumers to cancel or delay projects

Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University showed that spending on renovation and repairs is expected to increase at rates higher than year-ago levels through the end of 2021. The program uses several economic indicators that have had strong correlations with remodeling spending, including the home-price index, housing starts and remodeling permits.

Posted by cherry88 > 2021-05-27 17:40 | Report Abuse

bye bye Lii Hen....better switch to Poh Huat if you want exposure in furniture

Posted by Sardin > 2021-05-27 20:20 | Report Abuse

Q2 profit will recover to 10 sen per share if no shut down again. Q1 profit drop mainly due to extra labor cost following 4 subsidiaries shut down for 4 weeks long, of which the cost is not transferrable to customers.

Posted by kens88 > 2021-05-28 15:51 | Report Abuse

From 4.7 max drop until 3.3.... No bottom?

Posted by bullrun1985 > 2021-05-28 15:53 | Report Abuse

Liihen where is your bottom???

Posted by Sardin > 2021-05-28 18:06 | Report Abuse

The result is impacted by one-off factors so don't expect a deep dive of the share price unless it gives you another poor quarter. The EPS will normalize in Q2. What you saw is already in the past. I think the latest circumstance is quite good and that's the reason behind the higher dividend declared. Just my 2 cents here.

Posted by Sardin > 2021-05-28 18:08 | Report Abuse

So I think the bottom is above RM 3 because there is a thick dividend cushion.

Posted by RainT > 2021-05-28 23:19 | Report Abuse

Monday BIG drop

buy

Posted by jeannie > 2021-06-04 15:13 | Report Abuse

keep dropping...what is wrong with this counter???

Posted by Sardin > 2021-06-04 17:22 | Report Abuse

Furniture is labor intensive business. So lock down or run at reduced capacity has a great impact to the EPS.

Posted by kens88 > 2021-06-16 11:13 | Report Abuse

Maybe 2.5 can top up some

Posted by danielong1982 > 2021-07-04 16:33 | Report Abuse

i think almost time to buy back again

Posted by kens88 > 2021-07-08 10:32 | Report Abuse

why jaycorp and pohuat didnt drop this badly?

Posted by Kitty Kitty > 2021-07-12 12:40 | Report Abuse

Time to consider in below RM3

Posted by apple168 > 2021-07-12 21:33 | Report Abuse

https://www.chinapress.com.my/?p=2588406

Posted by Sardin > 2021-07-13 09:05 | Report Abuse

Almost at the end of the tunnel. Wait for one more week (probably this Friday) it should be able to turn around following some good news.

Posted by akira > 2021-07-13 12:18 | Report Abuse

Run die, no run also die.

Posted by Kitty Kitty > 2021-07-13 14:44 | Report Abuse

Stock still downtrending. Its better to remain sideway and wait for better entry. Our country is not in good state economically nor politically.

Posted by cherry88 > 2021-07-16 11:22 | Report Abuse

The worst could be priced in, we may be seeing the light in the tunnel soon. However, you may want to wait to really see the light before buying.....https://klse.i3investor.com/servlets/ptres/60173.jsp

Posted by Sardin > 2021-07-16 15:58 | Report Abuse

https://www.thestar.com.my/news/nation/2021/07/10/almost-13-million-doses-of-covid-19-vaccine-to-arrive-in-johor-this-month-says-tmj

Posted by Sardin > 2021-07-16 15:58 | Report Abuse

This is 3x of Johor's population

Posted by cherry88 > 2021-07-18 11:57 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/2021-07-17-story-h1568038613.jsp

Posted by Sardin > 2021-08-03 12:42 | Report Abuse

https://www.enanyang.my/%E6%9F%94%E4%BD%9B/%E9%BA%BB%E5%9D%A1%E5%B7%A5%E4%B8%9A%E7%96%AB%E8%8B%97%E6%8E%A5%E7%A7%8D%E4%B8%AD%E5%BF%83-8%E6%9C%882%E6%97%A5%E6%8A%95%E5%85%A5%E8%BF%90%E4%BD%9C

Posted by cherry88 > 2021-08-03 16:30 | Report Abuse

Liihen will start to vaccinate its staff via PIKAS on 5/8. Hope the factory can open back after vaccine

Posted by raviem > 2021-08-06 20:09 | Report Abuse

please drop more slowly slowly accumulate.

Posted by Sardin > 2021-08-12 15:05 | Report Abuse

@cherry88 the vaccination via PIKAS at Muar is still in progress according to some news. Do you know when Liihen would be able to complete first and 2nd dose? Thanks.

Posted by Sardin > 2021-08-12 15:08 | Report Abuse

Looks like the price for 2 doses is RM 85 per pax. Anyone got any idea how many worker Liihen group hires?

Posted by Sardin > 2021-08-12 15:16 | Report Abuse

https://www.sinchew.com.my/content/content_2528632.html This is the news that about one third of the furniture workers in Muar have received 1st dose. If this started from 02 Aug, based on this rate, by end of August all of the 30k over workers in Muar (all furniture companies) would be able to receive 1st dose and and about one third of these will complete 2nd dose.

Posted by Sardin > 2021-08-12 15:18 | Report Abuse

According to this article, MENTERI PERUSAHAAN PERLADANGAN DAN KOMODITI (from PAS) will help the manufacturers to grant the permission to resume operation.

Posted by Bgt 9963 > 2021-08-12 16:37 |

Post removed.Why?

Posted by Sardin > 2021-08-16 15:13 | Report Abuse

https://www.google.com/amp/s/amalmedia.co/2021/08/12/30000-pekerja-sektor-perkayuan-divaksin-segera/amp/

Posted by Poor KL Boy > 2021-08-19 22:38 | Report Abuse

https://www.youtube.com/watch?v=5hRViEieZdg

LIIHEN(家私业务的王者) 深入了解公司背景,产品,业绩报告,利好和利空

Posted by Sardin > 2021-08-24 14:55 | Report Abuse

I guess it is close to the time to re-open, probably on 1st Sep. Maybe government will seize the opportunity to announce the permission before the National Day.

Posted by wallstreetrookie > 2021-08-29 23:34 | Report Abuse

Latitude and Liihen - the OG original version of TA Furniture TAFI

Posted by up2_sky > 2021-09-01 10:14 | Report Abuse

this quarter no dividend?