LIIHEN Furniture (7089), Long term stock?
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 Jun 16 2021, 11:59 PM
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#1
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Junior Member
235 posts Joined: Feb 2018 From: Holland   
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I collected abit when it dropped. Good stocks with solid FA, unfortunately the cost price has been increasing recently, making their profit margin dropped.
The recent FMCO announcement also affected their production capacity. |
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Jun 20 2021, 10:25 PM
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#2
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Junior Member
235 posts Joined: Feb 2018 From: Holland
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QUOTE(clamp_wl @ Jun 20 2021, 09:33 PM) Q2 will be bad. Company is in net cash position and with the re-opening up of the US, its biggest export market I think LiiHen is in a good position. However we will need to adopt a wait and see approach due to the MCO that is currently imposed. We are unsure when LiiHen can start to operate back. ya, in terms of FA it is good, but prospect wise abit uncertain, let's see how it will go |
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