LII HEN INDUSTRIES BHD, Liihen (7089), is a malaysian furniture manufacturer, 100% operates wholly in Malaysia, but 82% market is from America, followed by Asia (9%) and Malaysia (7.5%), in 2011. In other words, the main income of Liihen is from exporting furniture to America in 2011.
In terms of PE and dividend valuation, Liihen is not bad investment even with its market price > RM1.50. HOWEVER, latest annual report reveals one biggest challenging for furniture business in Malaysia, that is, minimum wage.
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Showing posts with label Liihen. Show all posts
Showing posts with label Liihen. Show all posts
10 June 2013
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