LEE SWEE KIAT GROUP BHD

KLSE (MYR): LEESK (8079)

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Last Price

0.575

Today's Change

+0.035 (6.48%)

Day's Change

0.54 - 0.58

Trading Volume

1,901,800


8 people like this.

2,023 comment(s). Last comment by yongyong88 1 month ago

Posted by Jason Yong > 2015-03-12 09:27 | Report Abuse

what is the target price?

kytan

2,865 posts

Posted by kytan > 2015-03-12 09:28 | Report Abuse

not one can answer the TP..it depend on insider or shark

vngirl

157 posts

Posted by vngirl > 2015-03-12 09:34 | Report Abuse

True also

kytan

2,865 posts

Posted by kytan > 2015-03-12 09:37 | Report Abuse

small fish in high risk..4 day almost up 100%

kytan

2,865 posts

Posted by kytan > 2015-03-12 09:43 | Report Abuse

sch moving

skyland

644 posts

Posted by skyland > 2015-03-12 09:43 | Report Abuse

Dr Yu sapu?

Posted by Sang Kidal > 2015-03-12 10:46 | Report Abuse

terus pergi kah?

speakup

26,867 posts

Posted by speakup > 2015-03-12 10:54 | Report Abuse

super power!

runnerman

678 posts

Posted by runnerman > 2015-03-12 12:51 | Report Abuse

Wintoni lagi power....ni bru skit

ignasio

149 posts

Posted by ignasio > 2015-03-12 15:57 | Report Abuse

vrooom....

speakup

26,867 posts

Posted by speakup > 2015-03-12 16:02 | Report Abuse

best counter!

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-03-12 16:34 | Report Abuse

UMA...

Pudica

446 posts

Posted by Pudica > 2015-03-12 17:33 | Report Abuse

normally UMA stck will fly high to the sky... ///

lantisboy

117 posts

Posted by lantisboy > 2015-03-12 17:50 | Report Abuse

See what their reply is...

swong76

275 posts

Posted by swong76 > 2015-03-12 17:52 | Report Abuse

Lantisboy, sure reply didn't aware of .....

lantisboy

117 posts

Posted by lantisboy > 2015-03-12 20:25 | Report Abuse

hopefully like previous UMA's by other, fly the next trading day. ;)

Henly30a

192 posts

Posted by Henly30a > 2015-03-12 21:09 | Report Abuse

UMA is to remind you that the counter is traded overactive , it serves nothing to crack down the trading volume or prices most of the time.Infact for the pass couple of years,the daily traded volume in KLSE is one of the lowest among Asian peers besides they own big large number untraded counters.AT the moment, the daily traded volume pick up to about 2.5 billion due to local participant on penny stock playing,if they interupt the trading culture too much,the traded volume will reduce dramatically immediately.They are completely helpless and no way to find for replacement or settlement issue.They are crying for trading volume to challenge the regional market reputation ....so ,don't worry too much,wait for 2 or 3 days and stay tune!!!!!!!!!!!!!!!!!

fukrai

168 posts

Posted by fukrai > 2015-03-12 21:29 | Report Abuse

@Henly30a : r u confident 2nd tsunami will come? eventhough the announcement of S&P of business trademark..etc?

piotoy38

217 posts

Posted by piotoy38 > 2015-03-12 22:24 | Report Abuse

fukrai good question since you asked.Please refer below.

Territorial Limitations:

As a material inducement for ESP to enter into this Agreement to sell the Assets to LSKM, LSKM hereby represents, warrants and covenants, that it shall only manufacture, market, advertise, sell and distribute mattress,bedding foundations and related products (“Products”), under the Marks in Malaysia, Republic of Singapore, Kingdom of Thailand, Republic of Indonesia,Union of Myanmar, Socialist Republic of Vietnam, Kingdom of Cambodia,Republic of the Philippines, Lao People’s Democratic Republic and Brunei Darussalam (“Territory”). LSKM specifically understands and agrees that this obligation has no expiration date and shall be a continuing
obligation.

The above para was taken frm its announcement as clearly indicates the region excluding ourselves, there are a total 9 countries. Based on an input on RM1 mil net profit from each country and added with its own or RM4.793mil, EPS is RM0.082.Regards to PE ratio? You all do the math whether is 5,6,7 or 10.Good luck!

Henly30a

192 posts

Posted by Henly30a > 2015-03-12 23:58 | Report Abuse

Bursa klse is a very unique market especially penny stock,prices traded are neither supported by P/E nor D/Y ratio rating most of the time.Very often the price spike mainly due to rumours or gambling oriented.The issuance of ordinary UMA has not achieve much effect on the overall market performance quality.Recently,Wintoni is a good example of share price spike with baseless foundamental backing.Details:
Stock name: Wintoni
eps :0.9 cent
nta: 9.7cent
P/E: 43.86
D/Y: 0
Share Price: 8.5cents-39.5cents (latest)

Conclusion: Speculation .

Note:This is not a sell or buy call.

lantisboy

117 posts

Posted by lantisboy > 2015-03-13 10:23 | Report Abuse

Reply from leesk:

We refer to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 12 March 2015 querying the Company on an unusual market activity in relation to the recent rise in price and volume of the Company's shares.
On behalf of the Company, the Board of Directors hereby confirm that to the best of our knowledge and after making due enquiry with the directors and major shareholders seeking their views on the matter that is the subject of the query, we are not aware of any of the following that may have contributed to the unusual market activity:
1. any corporate development relating to the Group's business and affairs that may account for the unusual market activity other than the Announcement on Asset Sale and Purchase Agreement entered into between LSK Mattressworld Sdn Bhd (formerly known as Mattressworld Industries (M) Sdn Bhd), a wholly owned subsidiary of the Company and Englander Sleep Products, L.L.C on 3 March 2015, which was released today.
2. any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity; and
3. any other possible explanation to account for the unusual market activity.
The Company is in compliance with the Listing Requirements ("LR") of Bursa Securities, in particular Paragraph 9.03 of the LR of Bursa Securities on immediate disclosure obligations.

speakup

26,867 posts

Posted by speakup > 2015-03-13 10:50 | Report Abuse

Insiders sell on news!

Henly30a

192 posts

Posted by Henly30a > 2015-03-13 14:28 | Report Abuse

Since klse is changing its atitude,trade share that reflects company foundamental from now onwards!!!!!!!!!!!!!!!!!!!!!!!! be aware!!!!!!!!!!!!!!!!!!

Posted by greedisgood > 2015-03-13 15:29 | Report Abuse

why leesk have no momentum at all =.=

speakup

26,867 posts

Posted by speakup > 2015-03-13 15:33 | Report Abuse

news out already, Insiders selling. Game over!

QQ12

160 posts

Posted by QQ12 > 2015-03-13 16:53 | Report Abuse

Holland.....

Posted by Nathan Archibald > 2015-03-13 17:15 | Report Abuse

Rebound on Monday?

Posted by soyabeannice > 2015-03-13 17:31 | Report Abuse

yesterday who had bought shares. all loss money. is time to collect. drop with low vol today. wakakaka. company fundamental was good. expect next quarterly eps at least 1.6sen. revenue continue to spike

kimssiat

1,088 posts

Posted by kimssiat > 2015-03-13 17:37 | Report Abuse

No one really care on long term for this share. There are too many long term shares better than this.

Vizhai

394 posts

Posted by Vizhai > 2015-03-13 17:46 | Report Abuse

what other long term shares can recommend?

Posted by Nathan Archibald > 2015-03-13 20:49 | Report Abuse

Entry price was 0.20, any advise guys?

Posted by soyabeannice > 2015-03-13 21:25 | Report Abuse

leesk get uma. many trader cant play this stock. they only can sell. monday will back to normal

marihom

162 posts

Posted by marihom > 2015-03-14 01:31 | Report Abuse

shark is gone ,....trade as ikan bilis and dont expect high vol for next week...
take care...

pengwin

1,707 posts

Posted by pengwin > 2015-03-14 02:26 | Report Abuse

Game over?

pengwin

1,707 posts

Posted by pengwin > 2015-03-14 02:26 | Report Abuse

Soybeannice how you know Monday will be back to normal? Massive downtrend now.

Posted by soyabeannice > 2015-03-15 00:28 | Report Abuse

if you understand the market. then you will know. uma will cause a lot trader stop trading. expecially those corporate trader. because they will easily get caught. bursa uma actually is a "buy call". hahahha

Posted by soyabeannice > 2015-03-15 00:30 | Report Abuse

leesk benefit from usd strengthen. business in America. last quarter already reflect some. december usd myr closeat 3.49 already make their revenue n profit rise so much. now usd myr 3.70. minimum profit will come until eps 1.7sen. one year 6.8sen. pe rratio below 4.

Posted by soyabeannice > 2015-03-15 00:31 | Report Abuse

theme usd. not only in electronic. pillow business in USA earn usd. huat aaa

lotusf1

1,159 posts

Posted by lotusf1 > 2015-03-15 02:01 | Report Abuse

Just went tru.its websites n quite amzed on its range of products; it's pillows ,mattresses are exported enjoying robust exchange rates but their IBG products are generally imported frm France,Italy ,us that cud spell a dsaster ,on high exchange us dollr.vs ringgt..
50% of its produced are exported giving higher profit mrgin
Risks: IBG - involves imports in us dollars ,branded equipmnt tht means sales cud be weaker fr local mrkets..
Any views..Soyabeanice..

Posted by soyabeannice > 2015-03-15 13:37 | Report Abuse

euro are weaken now. due to quantitative easing. the depreciation even worst than myr. currently one euro exchg myr only 3.88. the lowest ever. leesk was benefit from both side currency. import from europe with lower cost. export to USA wit high usd. superb this company

Malton91

51 posts

Posted by Malton91 > 2015-03-15 13:43 | Report Abuse

This stock has gd FA .... I dun sked at all .... somemore friday most of the stock oso drop ... it a norm tat it follows .... anyway i cn sure tat it will return to trend on monday ... cheer

Posted by KLSEAdvisor > 2015-03-15 13:45 | Report Abuse

Agree with soyabeannice. Company cash 13mil. Total borrowing just 13mil also. Soon will give high dividend. Good cash flow.

Posted by soyabeannice > 2015-03-15 13:49 | Report Abuse

their material major bought in myr. second euro. usd just a little bit. so major is good for company

Posted by KLSEAdvisor > 2015-03-15 13:52 | Report Abuse

Lee swee kiat one person already hold about half of their share. now market capital 40mil. in market we only have 20mil to trade. grab earlier. cheerss.

Lotusf1

1,159 posts

Posted by Lotusf1 > 2015-03-15 14:39 | Report Abuse

lee swee kiat cud steal a show n looks great but need to see first tis Monday...

Posted by soyabeannice > 2015-03-15 16:33 | Report Abuse

It's definitely benefit from currency. even more than furniture ans technology sector. because it benefit from buying and selling side of currency. buy with weak euro. sell.with strong usd

Posted by soyabeannice > 2015-03-15 20:27 | Report Abuse

leesk trading buy call from nexus. great

powerak

161 posts

Posted by powerak > 2015-03-15 21:53 | Report Abuse

how about SCH???

Posted by Jayson Ming > 2015-03-15 22:14 | Report Abuse

what do u means by leesk trading buy call from nexus?

Posted by Jayson Ming > 2015-03-15 22:14 | Report Abuse

soyabeannice

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