Posted by Matccom > 2024-02-16 17:51 | Report Abuse

@ Michael Kwok
respect your sharing even though I was not involved in this counter.😙😄😄😄😀

Price 75-78(buy on weaknesses)
Tp rm 1-rm 1.10(Medium term 6 month below)
17/6/23 11.30pm
****I come then it will up😀😀😀


2023-06-17 23:30

Posted by James Ng > 2024-02-16 20:58 | Report Abuse

[转贴] [Video:浅谈LEE SWEE KIAT GROUP BERHAD, LEESK, 8079] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2024-02-16-story-h-188393975

Posted by pinetree88 > 2024-02-19 15:42 | Report Abuse

Bought in 1.16 today. Daily vol >2mil shares looks good and seems continued strong buying. Think their FY result should be reporting this wk. Any predictions or comments on their FY results?

Posted by hom3boy > 2024-02-22 18:05 | Report Abuse

delay release report ???

Posted by G-boy > 2024-02-27 22:45 | Report Abuse

special dividend!!!!

Posted by MACD > 2024-03-09 05:50 | Report Abuse

dividend 3.5 sen !

Posted by MACD > 2024-03-13 06:18 | Report Abuse

support 1.02 still not broken

Posted by speakup > 2024-03-13 07:46 | Report Abuse

small caps are all dropping but big caps especially CI components are artificially supported by epf, pnb, khazanah, kwap to make malaysia look good to foreigners

Posted by MACD > 2024-03-13 20:06 | Report Abuse

hi @speakup ,if you dont mind sharing,,, this stock is small cap or big cap overall ? let say leesk compared with minetec , leesk market cap for today 177.85 m and price 1.06 while minetec 258.794 m and price 0.145, does the price play any role here ? so which ones is bigger cap ? 😅

Posted by siongkhoon > 2024-03-14 16:02 | Report Abuse

bonus issue 1:2

Posted by trader808 > 2024-03-15 10:02 | Report Abuse

1. Lee SK has a string of corporate exercises. In addition to the 3.5sen cash dividend and one for 25 dividend in species it has again on 14/3/24 announced in is filing with Bursa to reward its long term shareholders with a bonus issue. For every 2 existing shares you will be rewarded with 1 bonus share on a date to be determined subsequently.

2. Despite the positive news, share price did not move much yesterday. Where do we go from here?.
3. LEE has EPS of 8.13sen say 8sen. Before the announcement of cash dividend, share dividend and bonus shares the price was 70sen. Hence, the PE multiple then was 9x. Share price usually trade in advance of fundamentals and it has gone up to 1.20 leading up to its filing with Bursa. At this price ,the PE was 15x

4. It gradually retracted and upon announcement yesterday share price did not move much and close at 108 and a PE multiple of 13x.

5. What will happen next?
The company now has issued and paid up capital of 167m shares. Upon completion of corporate exercise, the issued capital would enlarge from 167m+6.7m+86.8m =260m shares.
6. The company last year made 13.6m net profit. To ascribe a future value for Lee, let's assume the company is able to sustain an earning growth by 25%. Therefore the year end profit will be 13.6 x1.25 =17m
7. Hence, the EPS post bonus would be 17m divided by the enlarged capital 260m is equal to 6.8sen

8. Now, A PE of 10x would price it at 68sen and PE of 11x would value it at 75sen post bonus.

9 with this line of reasoning, we can logically assign a pre bonus value to the shares calculated in this manner.
If the PE is 10x simply take (68 x3)/2=RM1.02
if the PE is 11x simply take (75x3)/2= Rm1.12

11. LEE sk closed at 108 yesterday. In my opinion, it is fully value.

12. This is my personal and layman perception of the corporate exercise and its impact on share price. It is not intended to influence your investment decision and strategy.

13. Have a good day and happy trading
15/3/24

Posted by curiousq > 2024-04-17 16:06 | Report Abuse

This is a very exciting stock ... for brave heart only 😃

Posted by curiousq > 2024-04-22 10:47 | Report Abuse

NOSH 168 Million

Very easy goreng stock 😄

Posted by Michael Kwok > 2024-04-24 16:03 |

Post removed.Why?

Posted by Jack888 > 2024-05-07 09:34 | Report Abuse

Go for leesk uptrend now...resistance should be 1.02

Posted by Jack888 > 2024-05-07 10:30 | Report Abuse

Bonus issue coming soon ???

Posted by curiousq > 2024-05-07 11:19 | Report Abuse

Proposed Bonus Issue of up to 83,907,852 New Ordinary Shares in Lee Swee Kiat Group Berhad ("LSK") ("LSK Shares" or "Shares") ("Bonus Issue") on the basis of 1 Bonus Share for every 2 Existing LSK Shares held on an Entitlement Date to be determined and announced later.

Date of Meeting 27 May 2024
Time 11:00 AM

Posted by LonePos > 2024-05-13 09:14 | Report Abuse

Still got potential to go up, up, up?

Posted by yongyong88 > 2024-05-14 09:45 | Report Abuse

bonus coming after egm? future looks bright.

Posted by yongyong88 > 2024-05-27 15:11 | Report Abuse

Anybody knows the outcome of the EGM this morning?

Posted by Bullhunter > 2024-05-27 16:44 | Report Abuse

time for bull to rest... hopefully not too long....

Posted by yongyong88 > 2024-05-30 10:00 | Report Abuse

no news is bad news... back to below rm1....

Posted by Michael Kwok > 2024-06-06 00:21 |

Post removed.Why?

Posted by curiousq > 2024-06-07 22:09 | Report Abuse

Entitlement subject Bonus Issue
Entitlement description Bonus issue of up to 83,907,852 new ordinary shares in Lee Swee Kiat Group Berhad ("LSK") ("LSK Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 2 existing LSK Shares held as at 5.00 p.m. on 25 June 2024 ("Entitlement Date")

Posted by yongyong88 > 2024-06-12 12:37 | Report Abuse

buy now to get bonus shares. buy n hold for next dividends.

Posted by Bullhunter > 2024-06-13 12:22 | Report Abuse

Downtrend before bonus. Long term buy for next qr. Expected increased profitability as economy recovers. If not keep using old mattess ....

Posted by carilembu > 2024-06-13 17:07 | Report Abuse

four straight downtrend, break resistanace 1.00, next stop 0.90c. Sleep until bonus time on Englander matress and after bonus more downtrend.....

Posted by carilembu > 2024-06-13 17:09 | Report Abuse

LSK has acquired from 0.95 to 1.01 last month. Ride with him ...

Posted by yongyong88 > 2024-06-18 12:33 | Report Abuse

Buy now before bonus ex-date, and hold for next qr results. Expected improved profits and better price increase and dividends next year. Long term investment.

Posted by carilembu > 2024-06-18 23:01 | Report Abuse

Make money here can change your old mattresses to Englander mattresses.😀

Posted by abcb > 2024-06-28 16:11 | Report Abuse

This AmInvest Research report is a useless report,share price keep down trend to the Southern of China Sea

Posted by donald770 > 2024-06-29 11:32 | Report Abuse

It is grossly undervalued. It sometimes happens especially during bonus issues. Ex bonus they press the price down n later they jack it up. It happened with Senfong recently. It is due for rerating soon.

Posted by speakup > 2024-06-29 13:39 | Report Abuse

Overvalued bro

Posted by speakup > 2024-06-29 13:41 | Report Abuse

Nta 50sen je

Posted by donald770 > 2024-07-07 16:41 | Report Abuse

Thanks @speakup!!! I still have hope for Leesk.

Posted by yongyong88 > 2024-07-09 12:19 | Report Abuse

keep going down after bonus...

Posted by yongyong88 > 2024-07-11 15:23 | Report Abuse

down down to actual value of below 0.50....

Posted by Robert Waters > 2024-07-22 23:06 | Report Abuse

I just started to accumulate and then I see all the insider selling. Not just one, but three. Will pause for a while.

Posted by carilembu > 2024-07-26 17:07 | Report Abuse

Not looking good when the insiders including LSK keep disposing at this low price.

Posted by carilembu > 2024-07-28 21:05 | Report Abuse

Could it be coming qr ending 30 Jun not going to be good that LSK and insiders also keep disposing?

Posted by Robert Waters > 2024-07-29 10:53 | Report Abuse

There is always a reason. Good things, like bonus share and split already done and included in price. Not much more catalysts left. One good thing is that nobody is pumping this stock, so the downside, in my opinion, is limited. They will crank those mattresses in the foreseeable future and earn some money.

Posted by yongyong88 > 2024-08-05 16:15 | Report Abuse

below 45c soon

Posted by Robert Waters > 2024-08-07 16:12 | Report Abuse

Any particular reason ? You have been here for a while and I value your opinion, youngyong88.

Posted by Robert Waters > 2024-08-14 11:04 | Report Abuse

Well, thanks for consistent coverage youngone88, anyway. I guesss we need to use our own judgements. More insights from you sure welcome.

Posted by winwinborn > 2024-08-16 10:18 | Report Abuse

May I know the next resistant & support for this counter

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-08-16 10:32 | Report Abuse

I will occasionally look at this counter now and again. Its price was rising steadily to 80 sen per share. Today's price was a shock to me after having not looked at it for a couple of months.

Posted by Robert Waters > 2024-08-17 00:19 | Report Abuse

There was a bonus share issue that diluted and stole 33% of value of a share.

Posted by donald770 > 2024-08-17 20:07 | Report Abuse

Hope there is rerating for this stock if the fundamentals remain relatively unchanged.

Posted by yongyong88 > 2024-08-28 11:53 | Report Abuse

As expected worse QR compared with previous year. as indicated by continuous price drop. However still profitable and hope next QR will improve together with share price...

Posted by Dehcomic01 > 3 weeks ago | Report Abuse

The Malaysian furniture sector, especially those with exports to the US, may see better light when Trump takes office. His MAGA stance will make life difficult for the exporters from China, reducing competition for Malaysian exporters.

The Fundamental Mapper on Xifu shows LEESK is currently in a good position being in the good fundamental - low investment risk quadrant.

Will this be one of the beneficiaries of the coming "export tailwind" thereby enhancing its an investment opportunity?