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Overview
Financial HighlightHeadlines
Business Background Lii Hen Industries Bhd is engaged in the manufacturing and sale of furniture. Its products include bedroom sets, occasional products, utility products, sofa sets, buffet and hutch products, dining furniture and others. In addition, the company is also involved in Plantation and other segments. Plantation segment cultivates rubberwood trees, and Others segments include the firm's investment holding activities. Geographically business presence of the group can be seen across the Malaysia, USA and in other countries of which USA regions account for the majority of revenue.
![]() steven_c I just hope Lii Hen can continue dishing out better dividends which was what they were well known for. Now dividends have been much lesser compared with previous years. Apart from that, there has been almost no news about Lii Hen at all. Hope management will make themselves more visible to investing fraternity. 15/04/2022 5:58 PM frankco congestion at port in US is easing and USD is steadily creeping up. Order from China will shift to Malaysia due to covid lockdown measures.. These should be good for the Liihen. 20/04/2022 10:32 PM cherry88 https://www.theedgemarkets.com/article/major-shipping-firm-sees-signs-supplychain-bottlenecks-easing 28/04/2022 11:17 AM cherry88 Coming quarter will be good due to the strengthening USD + the easing of the freight charges. Both LiHen and Pohuat will report skyrocking results soon. I was told they managed to increase the ASP and pass all the raw material cost increases to customers. 29/04/2022 11:24 AM steven_c @cherry88, this is smtg good to hear. I am not sure about skyrocketing results but I do look forward to good results and potential recovery of their generous dividends haha 29/04/2022 2:39 PM Cakes Moon With such high inflation & strengthening of the US$, buying Liihen is the safest!!! Sold all Hengyuan & PetronM then buy in this furniture counter. 06/05/2022 4:17 PM steven_c High inflation is not a good signal for a growing economy, rather a worrying signal that economy will slow down quicker due to consumers being more cautious. High inflation to food costs, raw commodities, energy, logistics will all lead to less spending on unnecessary items like apparel and furniture. But strengthening of US$ does make export cheaper which supports Lii Hen's bottomline. 06/05/2022 5:58 PM NatsukoMishima The White House is reviewing the penalties imposed under former President Donald Trump — which raised prices on everything from diapers to clothing and furniture — and could opt to remove them altogether, Biden said in addressing the nation from Washington on Tuesday. Finally , the worst news come to hit Malaysia furniture industry after glove once again China furniture will rob your market ! 11/05/2022 10:15 AM steven_c @Natsuko I don't think Biden will dare to do that as most Americans still prefer trade war with China due to negative perception and cold relations with China. The way I see it, Biden may even lose the coming elections and won't be surprise if Donald Trump makes a come back. You may disagree with me but Donald Trump did a better job than what Biden did. 11/05/2022 1:37 PM steven_c Good job Lii Hen! Good to know you are powering back to where you were pre-pandemic. May you also one day reinstate special dividends too :) 27/05/2022 10:55 AM jacksonliam341 If full vaccination would be able to prevent this in future, I foresee quarterly EPS to normalise to around 15 sen per share due to raising demand for wood furniture in the US. Don't forget that Liihen is still in expansion mode even if under pandemic. For this particular stock at the present, I couldn't figure a better time to buy it, for a handsome capital return when she announces next quarter earning after CNY 2022. https://gordonbullard.com/ 28/05/2022 5:40 AM starcam Bonus Issue LII HEN INDUSTRIES BHD. Entitlement subject Bonus Issue Entitlement description LII HEN INDUSTRIES BHD ("LHIB" OR "COMPANY") BONUS ISSUE OF 359,999,976 NEW ORDINARY SHARES OF LHIB ("LHIB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING LHIB SHARE HELD AS AT 5.00 P.M. ON 1 JULY 2022 ("ENTITLEMENT DATE") https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3268802 29/06/2022 10:24 AM observatory WILMINGTON, N.C. — Rising inventories, orders placed months ago still in the pipeline softening demand are confronting furniture retailers with fresh challenges in the pandemic’s wake. With so much product on hand and on the way the industry’s long overdue price increases could be at risk due to the potential for discounting to move goods. That’s particularly worrying since those price hikes were largely tied to increases in raw materials and transportation costs. With declining unit sales, potential discounting poses a particular threat to margins. https://www.furnituretoday.com/furniture-retailing/retailers-grapple-with-a-shipment-tap-that-went-from-off-to-full-stream-too-quickly/ 29/06/2022 4:27 PM observatory High end furniture chain RH slashed its 2022 revenue outlook. https://www.cnbc.com/2022/06/29/rh-shares-slide-after-company-lowers-its-outlook-for-the-year.html 06/07/2022 1:14 AM NatsukoMishima China furniture will hit malaysia furniture sector soon if US tariff lifted ! 06/07/2022 10:45 AM NatsukoMishima 60-70 only consider buy batch by batch , now is too high risk to buy furniture stock , just like glove hit by China ! 07/07/2022 10:13 AM NatsukoMishima Sell bonus share take profits as soon as possible is the safest way to earn money , dont be like top glove 2.0 ! 07/07/2022 10:15 AM steven_c We cannot write off a possibility Donald Trump may get re-elected as President of US again. His supporters are huge and strong. High chances he will be nominated by Republicans to topple Dems in the coming midway elections. Thus, Trump will again run a boycott China campaign. 08/07/2022 10:35 AM cherry88 https://www.furnituretoday.com/financial/layoffs-closings-and-bankruptcies-2022-latest-to-be-hit-in-the-furniture-industry/ 08/07/2022 11:55 AM NatsukoMishima Dont hesitate just sell off all bonus share to take profits before it drop to 60 sens ! Dont be top glove 2.0 ! During recessions and gloomy economic forcast furniture sector will be the worst impacted ! 12/07/2022 2:54 PM jack daniel ahhaha... full confident......... if 0.6x add more. gud luck for you. 14/07/2022 7:25 AM bullrun1985 all sell mode, sell share, sell bonus, then the price go up. pls sell more 22/07/2022 2:42 PM DividendGuy67 This looks like a good punt, as part of a diversified portfolio for the longer term, patient dividend investor. Valuation is undemanding near 80 sen. Net cash. Good dividend yield, ranging 5%-6% or more potentially at this price and probably good over next 5-10 years plus possible price doubling over this period. 03/10/2022 9:53 PM Kitty Kitty This stock has not gone below NTA for many years .. current price is below post spliting NTA(0.87), probably can be a good buy for keepsake dividend. 05/10/2022 7:34 AM cherry88 I was told from a Muar people saying that the company will "stop" for 3 months till after CNY oh...(However, i don't think so, but hope it is a rumours) 17/10/2022 3:45 PM 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. 17/10/2022 4:04 PM corpsehunter69 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. 19/01/2023 12:42 PM speakup 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? 27/01/2023 10:32 PM zen_2k pohuat doing much better than liihen for 3 quarters lol... either liihen or pohuat is going to have a rerating lmao 01/03/2023 5:15 PM ![]() ![]() | |