Sheoninvest
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$LIIHEN (7089.MY)$ Formerly a macam yes furniture stock, this quarter even dividends are gone 🥹 A leading furniture manufacturer in Malaysia, specializing in bedroom suite furniture and office furniture. These products are mainly sold to international markets, with North America as the primary export destination (accounting for about 90% of revenue). Its business model focuses on exports, relying on a stable overseas customer base, while maintaining competitiveness through independent design and manufacturing.
Revenue for this quarter: RM0.1498 billion, a decrease of 10.76%, mainly due to weak demand for bedroom suites and office furniture. Pre-tax loss of RM7.618 million, turning from profit to loss. Gross margin declined from 19% last year to 13% this quarter, mainly due to reduced sales and increased operating costs. Net loss of RM6.961 million, with high operating costs (including wages, material costs) further squeezing profit margins.
Operating expenses include a one-time RM7 million allowance for bad debts (for US customer Hillsdale Furniture), and RM8.6 million in exchange losses. The significant fluctuation of the US dollar has greatly affected the company's export revenue. But everyone had anticipated these... However... the bad debts of Hillsdale Furniture are just 🥹🥹🥹
USA customer Hillsdale Furniture announced asset liquidation, forcing the company to make full provision for its RM7 million accounts receivable ...
Revenue for this quarter: RM0.1498 billion, a decrease of 10.76%, mainly due to weak demand for bedroom suites and office furniture. Pre-tax loss of RM7.618 million, turning from profit to loss. Gross margin declined from 19% last year to 13% this quarter, mainly due to reduced sales and increased operating costs. Net loss of RM6.961 million, with high operating costs (including wages, material costs) further squeezing profit margins.
Operating expenses include a one-time RM7 million allowance for bad debts (for US customer Hillsdale Furniture), and RM8.6 million in exchange losses. The significant fluctuation of the US dollar has greatly affected the company's export revenue. But everyone had anticipated these... However... the bad debts of Hillsdale Furniture are just 🥹🥹🥹
USA customer Hillsdale Furniture announced asset liquidation, forcing the company to make full provision for its RM7 million accounts receivable ...
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12
Sheoninvest
voted
Hi, mooers!
YTL Power $YTLPOWR (6742.MY)$ is expected to release its latest quarterly earnings on November 26*. How will the market react to the company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
🎁 Rewards
An equal share of 5,000 points: For mooers who correctly guess the price range of $YTLPOWR (6742.MY)$'s closing price on 26 November!
(Vote will clos...
YTL Power $YTLPOWR (6742.MY)$ is expected to release its latest quarterly earnings on November 26*. How will the market react to the company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
🎁 Rewards
An equal share of 5,000 points: For mooers who correctly guess the price range of $YTLPOWR (6742.MY)$'s closing price on 26 November!
(Vote will clos...
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Sheoninvest
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Explained in 10 minutes, easy to understand at a glance, no more wandering aimlessly.
https://www.facebook.com/visioninvest88/videos/1605692580367896/
$LPI (8621.MY)$ $PBBANK (1295.MY)$
https://www.facebook.com/visioninvest88/videos/1605692580367896/
$LPI (8621.MY)$ $PBBANK (1295.MY)$
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8
Sheoninvest
voted
Hi, mooers!
$99SMART (5326.MY)$ is expected to officially start trading on Sep 9.
For the balloting in respect of applications received from the Malaysian public, a total of 49,354 applications for
678,585,100 IPO Shares were received, resulting in an overall oversubscription rate of 3.04 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 am M...
$99SMART (5326.MY)$ is expected to officially start trading on Sep 9.
For the balloting in respect of applications received from the Malaysian public, a total of 49,354 applications for
678,585,100 IPO Shares were received, resulting in an overall oversubscription rate of 3.04 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 am M...
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Sheoninvest
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Sharing on my experience for Malaysia stock market.
$CIMB (1023.MY)$
CIMB is the first stock that I start on Moomoo. It's a good buy but the position that I have is little compared to others. Waiting for a good timing and will add up.
$SENTRAL (5123.MY)$
Sentral is a good buy, I consider. Reit is going lower recently because higher attraction from data centre and AI. Thus, reit is not so popular. But this is the time to collect reit. Maybe next year, the price will ...
$CIMB (1023.MY)$
CIMB is the first stock that I start on Moomoo. It's a good buy but the position that I have is little compared to others. Waiting for a good timing and will add up.
$SENTRAL (5123.MY)$
Sentral is a good buy, I consider. Reit is going lower recently because higher attraction from data centre and AI. Thus, reit is not so popular. But this is the time to collect reit. Maybe next year, the price will ...
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Sheoninvest
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Let's use position overview to analyse.
I always look at profit ratio and support to find opportunity to buy in.
Lower meaning it's safer. But always be careful not to catch the knife.
22nd and 31st, we can see that the support has raised to 17.20 but profit ratio is still around 30%. So, it's quite solid here. Just wait for it. Observe how the trend goes to pass the few spikes near to 17.70, after that it will quickly goes up to 19 because majority holders are here.
Just observ...
I always look at profit ratio and support to find opportunity to buy in.
Lower meaning it's safer. But always be careful not to catch the knife.
22nd and 31st, we can see that the support has raised to 17.20 but profit ratio is still around 30%. So, it's quite solid here. Just wait for it. Observe how the trend goes to pass the few spikes near to 17.70, after that it will quickly goes up to 19 because majority holders are here.
Just observ...
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Sheoninvest
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Discovering this app has been quite the journey for me. I decided to invest RM560,000, with RM510,000 from my EPF withdrawal and an additional RM50,000 from my savings, thanks to the support of a generous benefactor—my sugar daddy. With a keen interest in the data centre trend, I believed in the potential of Eco World $ECOWLD (8206.MY)$ and leveraged my position with Warrant B $ECOWLD-WB (8206WB.MY)$
Unexpectedly, within just two ...
Unexpectedly, within just two ...
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Sheoninvest
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$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$
apparently is dividend payout. Hope can clairfy eveyrone. But do not understand why dividend paypout addect our principal maybe is delay in system update.
apparently is dividend payout. Hope can clairfy eveyrone. But do not understand why dividend paypout addect our principal maybe is delay in system update.
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Sheoninvest
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Sheoninvest
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$United Money Market Fund-Class R (MYU9100AN000.MF)$
anyone has received the interest?RM 0 interest received untill today. Am i missed out anything?
anyone has received the interest?RM 0 interest received untill today. Am i missed out anything?
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