KLSE (MYR): LIIHEN (7089)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.755
Today's Change
-0.01 (1.31%)
Day's Change
0.75 - 0.765
Trading Volume
551,300
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
The wood manufacturing sector's prospects appear to be dimming even with the easing in elevated raw material costs and supply chain issues, as the industry is facing yet another obstacle — slowing furniture demand.
2023-01-19 12:42
https://says.com/my/news/hundreds-of-angry-m-sians-march-to-swedish-embassy-to-protest-quran-burning-in-stockholm
boycott ikea? buy local furniture?
2023-01-27 22:32
pohuat doing much better than liihen for 3 quarters lol... either liihen or pohuat is going to have a rerating lmao
2023-03-01 17:15
guess some of the customers already permanently left during MCO and stick to other suppliers. Destroyed by Ding Ding.
2023-04-18 10:39
https://www.klsescreener.com/v2/news/view/1173477
Malaysia furniture dark future !
2023-07-07 12:05
@fortunefire, actually, LIIHEN can afford to pay higher dividend.
In the past, it has been very conservative, paying only 40% earnings or less.
However, over the past 3.5 years, the payout ratio is steadily rising - the question is - will this become a new trend?
2020 - DPS 4.7 sen / EPS 14.0 sen = 33% payout
2021 - 2.7 sen / 7.2 sen = 37% payout
2022 - 6.2 sen / 13.9 sen = 45% payout
TTM 2023 - 7.1 sen / 12.2 sen = 58% payout.
With Net Cash of 37 sen, and trading at 87.5 sen, the business is available for sale for only 50 sen.
It's long term EPS is 12 sen, i.e. this wonderful business is only selling for a P/E of ~ 4 times.
It's dividend yield is nice for TTM 2023 = 7.1 sen / 87.5 sen = 7.0%. That must beat EPF nicely at this depressed price.
If the Company continues to share its profits with shareholders (e.g. a payout ratio of 80% EPS should be very sustainable given the huge Net Cash position, even to cover very bad lean years), even without any Special Dividends, it's DY will be higher than 7.0% and this stock is well overdue for a re-rating up.
Personally, lower prices is sufficient reason for me to accumulate.
2023-09-07 00:33
Thanks BOD of Lii Hen, i earn dividends every quarter. Wish the co make more n more profit for the coming years.
2023-10-11 13:24
LIIHEN gives very nice dividends every quarter indeed! Plus capital gains too. Price action is promising today.
2023-11-20 18:07
LIIHEN + 2 sen today. Together with 22 other green stocks offsetting 11 red stocks and several unchanged, my portfolio has made new all time high again today. This is new all time highs for the 3rd time in December month alone.
2023-12-28 23:26
Japan earthquake, ppl might need more furniture or wood product to rebuild. Which company export more to Japan? hevea?
2024-01-15 17:16
-Revenue gradual recover~
-last quarter net profit 15m include forex loss of 3m
-upcoming quarter should has better forex gain as USD spike again since Jan
-dividend > 6% p.a
2024-02-24 03:28
Gua caya sama lu. I can see u keep collecting
grimpoinvestor
collect more liihen first
2024-03-08 15:48
LIIHEN +6 sen, or +6.19% close today. Thanks to LIIHEN and 21 other stocks in green to offset 9 stocks in red, my portfolio made new all time high again today!
2024-04-01 22:33
Another green close. Thanks to LIIHEN and 20 other green stocks to offset 12 red stocks, my portfolio made new all time high again today!
2024-04-02 21:13
The dividend is indeed powerful. It lowered my Average Buy Price from 85 sen down to 78 sen. Today, LIIHEN closed 1.06, highest close. This plus 17 other green stocks to offset 16 red stocks, is enough to edge my portfolio to make new all time high again today. Thank-you Mr Market!
2024-04-12 21:52
Nice thing about under-valued, high dividend yield stock is that the longer we hold, the more dividends we received, the lower our average buy cost gets without doing anything.
2024-04-12 21:54
2024-04-25 16:16
Ikea has implemented a global pricing strategy that includes Ingka Group, an Ikea franchisee. It announced that it would invest 6.3 billion yuan in China over the next three years to lower its prices in the country.
Inter Ikea’s supply chain, which covers everything from raw materials up to the final mile – production, procurement, raw materials sourcing, in-house manufacturing, transport and logistics – makes products affordable without compromising on quality, sustainability, form or function, said the company.
“Our primary objective is to reduce costs across our supply chain,” said Waidzunas.
The goal is expected to be pursued through enhancing efficiencies, better utilisation of materials and accelerating automation initiatives
Malaysia furniture sector just like glove , beaten by China , hopeless !
2024-06-20 07:14
The Malaysian furniture industry has been contending with challenges from China for over two decades. Despite this, it remains competitive in global trade. While most raw materials for nitrile gloves come from China, Malaysian furniture benefits from local sources.
2024-06-24 12:21
Aiya , this kind of stock u buy and all your capital frozen there for 20 years then only only get back your money if the share price can maintain ! If drop then waste 20 years only , better look for stock like vstec , ranhill , ytl which share price can skyrocket !
2 months ago
observatory
A complete operation halt for three months will be worse than Covid lockdown. If the news is genuine, which I doubt so, the management would have to make annoucement in Bursa as such decision will have material impact on the share price. However no such annoucement can be found.
Nevertheless it's quite likely that furniture demand and therefore production have slowed considerably in recent months. I shared the news in Jun that US furniture retailers were facing serious inventory problems. It's likely that customer orders are drying up now. But such info should have been reflected in the current share price. The share price has declined by a quarter since Jun.
2022-10-17 16:04