Posted by janetooi001 > 2013-08-28 11:06 | Report Abuse

大亊不妙啦! 聼說警察縂部已接手調查森州立案的Lii Hen䅁件. 那森州警察有关的調查官也已被調走. Bukit Aman非常重视此案, 並己設立一個特別調查小组于於跟进.

5 people like this.

42 comment(s). Last comment by kkanagasg 2013-08-30 12:10

Posted by janetooi001 > 2013-08-28 11:16 | Report Abuse

The investigation related to the police report made in NS Police Contingent is now elevated to TOP PRIORITY and it is to be conducted by Bukit Aman now. Look like storm is coming very soon

Posted by sulaimanab1955 > 2013-08-28 11:20 | Report Abuse

the stock dropped 3 days already, tot want to buy today. on 2nd tot better don't nanti kena hangus

Posted by jordanravindran > 2013-08-28 11:31 | Report Abuse

Furniture stock? No thanks. Later like Kimble macam kimball soup :) :) :)

Posted by simonfoo0123 > 2013-08-28 11:38 | Report Abuse

according to a research by intellecpoint.com, the writer is not comfortable with the relatively small and unknown auditor John Lim & Associates whose firm also happened to be the company secretary of LIIHEN. So there is a lot of integrity and transparency issue with LIIHEN.

"If one has fear as what happened to companies like Kimble and Kenmark, I think the balance sheet as well as their cashflows would have buried that fear. And they are audited by renown auditors - Latitude by EY, Classic by KPMG, Homeritz by Crowe Horwath, while maybe the auditor - John Lim and Associates - which I am not too comfortable is the one hired by Lii Hen." (Readchttp://www.intellecpoint.com/2013/05/whats-with-furniture-business.html

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 11:42 | Report Abuse

first remisier kena, then AGM kena, then police kena, now auditors also kena.

very kenmark or kimble like!

Posted by applejamestan > 2013-08-28 11:55 | Report Abuse

liihen 90% sales are denominated in USD. The USD had appreciated by more than 9% against ringgit since March/April. With the strong USD, yet the sales of Liihen is still down and dividend cut in half. What do you think is cooking in the furniture factory?????

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 11:58 | Report Abuse

Liihen = David Goh. Although we can see David Goh is buying today through his trademark 888 buyers or sellers, if any of the land mines detonated, I think he also cannot tahan :) :)

Posted by jordanravindran > 2013-08-28 12:03 | Report Abuse

RHB still have million shares to sell oh

Posted by curtlee1980 > 2013-08-28 12:05 | Report Abuse

Sell la market bad no hope already

keithchan

369 posts

Posted by keithchan > 2013-08-28 12:09 | Report Abuse

Prospect is doomed only consolation is a fairly good dividend. Still risk:reward is not compelling.

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 12:10 | Report Abuse

Boomed. 88400 shares dumped to David Goh

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 12:11 | Report Abuse

His broker Kenanga!

Posted by wahidpenang > 2013-08-28 12:13 | Report Abuse

Ya la my police friend say Bukit Aman seriously looking into the complain ooh

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 12:18 | Report Abuse

i have been following the sequels. very intriguing

Posted by alwong1111 > 2013-08-28 12:20 | Report Abuse

If by 4:30 the price no recover I want to dump all la

Posted by simonfoo0123 > 2013-08-28 12:23 | Report Abuse

Apparently Kimble's auditor is also John Lim and Associates. Your guess is as good as mine.

Posted by ismailkarin > 2013-08-28 12:26 | Report Abuse

Applejamestan: they are not cooking, but they are manufacturing numbers in the furniture factory :)

Posted by wahidpenang > 2013-08-28 12:27 | Report Abuse

ismailkarin: hahaha nice one

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 12:28 | Report Abuse

no more buyers liao...David Goh gone for lunch

Posted by alwong1111 > 2013-08-28 12:31 | Report Abuse

maybe buying lunch for reminiscer. looking for trading line :)

Posted by alwong1111 > 2013-08-28 14:52 | Report Abuse

no movement then how? Sign of peace before the thunderstorm.

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 14:54 | Report Abuse

you feeling jittery oledi?

keithchan

369 posts

Posted by keithchan > 2013-08-28 15:03 | Report Abuse

Part 5 story on Lii Hen just uploaded on the Market Blogs: http://klse.i3investor.com/blogs/liihen.blogspot.com/35757.jsp

Posted by ismailkarin > 2013-08-28 15:13 | Report Abuse

Wow from the liihen.blogspot.com, in part 7, the SC report is also revealed.

Posted by wahidpenang > 2013-08-28 15:16 | Report Abuse

Mesti some insider leaked the document.

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 15:23 | Report Abuse

just dumped 2x10,000 shares, all Kenanga bot

Posted by jordanravindran > 2013-08-28 15:30 | Report Abuse

Lii Hen has dropped more than 30% since Monday and it looks cheap now, but I will still bet my money CIMB.

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 15:35 | Report Abuse

no sign of 888 buyers......no sign of David Goh.....little wonder why the stock is quite down

Posted by alwong1111 > 2013-08-28 15:41 | Report Abuse

Every day drop like this where got "lat"?

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 16:18 | Report Abuse

backroom operation had confirmed the client with a lot of liihen shares unable to top-up so they will sell later or tomorrow morning

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-28 16:27 | Report Abuse

buyers diminishing !!!

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-29 11:47 | Report Abuse

Dead cat bouncing or the general market had improved?

Posted by wahidpenang > 2013-08-29 11:54 | Report Abuse

Headline oh jangan main-main

Posted by alwong1111 > 2013-08-29 11:55 | Report Abuse

bro die lah like this. need to get out asap

Posted by jordanravindran > 2013-08-29 11:59 | Report Abuse

is it related to the case of remisier got charged last year for manipulating liihen shares?

Posted by wahidpenang > 2013-08-29 12:00 | Report Abuse

Sources closed to the police confirmed that Bukit Aman, the Headquarter of the Royal Malaysian Police (PDRM) had taken over the investigation on the alleged misuse of company's funds and elements of criminal breach of trust by certain directors of Lii Hen in 2004, from the Negeri Sembilan Police Contingent where the complaint was initially lodged.

The investigation is now given a higher priority in view of the amount involved ($150 million) and allegation of interference by third party at the Negeri Sembilan Police Contingent. The case had been classified as cheating/criminal breach of trust under Penal Code 420 and 406.

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-29 12:04 | Report Abuse

pretty sure david goh the remisier knew a lot of things in liihen that sc don't. Not sure if he is the one who reported to the police. if is him, the directors cannot sleep tight oh

Posted by wahidpenang > 2013-08-29 15:22 | Report Abuse

part 6 is out under Market Blog

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-30 12:01 | Report Abuse

Part 7 on http://liihen.blogspot.com

kkanagasg

548 posts

Posted by kkanagasg > 2013-08-30 12:10 | Report Abuse

Today T4 on 1.8 m she, how many will come out?

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