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  • New: Financial Statement (Balance Sheet, Income Statement & Cash Flow)
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LIENHOE (3573) : LIEN HOE CORPORATION BERHAD
HUATLIAU
Member Star
Posts: 9
Joined: Jun 2014
Male, MYS
08 Aug 2014, 01:00 AMPost #1
LHCB WILL BE A VERY GOOD COMPANY TO BE INVESTED INTO BASED ON:-
A) STRONG FINANCIAL BACK GROUND. PENNY STOCK THAT HAVE HIGH NTA WITH LITTLE LOSSES AND NOT IN FINANCIAL DISTRESS.(DISPOSED A PIECE OF LAND IN JB FOR RM117M).
LOT 1845, MUKIM OF TEBRAU,JOHOR.
DATE OF ACQUISITION------------------APRIL 2003
LAND AREA(ACRES)---------------------5.43
NET BOOK VALUE-----------------------RM8.278M OR RM35 PSF.
-------------------------------------------------------------------------
YEAR OF DISPOSAL---------------------2011
LAND AREA (ACRES)--------------------5.43
NET BOOK VALUE-----------------------RM117M OR RM494.65 PSF
-------------------------------------------------------------------------
B)LHCB WILL CONTINUE TO ENJOY A GROWING VALUE RESERVED BASED ON ITS STRATEGIC LOCATION AND FREEHOLD ASSETS IN JB&KL AT WHICH MOST OF THEM ARE YET TO BE REVALUED SINCE YEAR 1992.
C)LHCB'S NTA SHOULD BE REVALUED TO AT LEASE RM3.50 PER SHARE.
D)AT CURRENT PRICE OF RM0.38, LHCB IS DEEPLY UNDERVALUED.
-SHORT TERM TP ------------RM0.50
-STRONG BUY IN-----------RMO.355
GOOD LUCK & HAVE A JOYFUL DAY
HUATLIAU
Member Star
Posts: 9
Joined: Jun 2014
Male, MYS
12 Aug 2014, 04:33 PMPost #2
8888 HUATLIAU 8888

SHORT TERM TP:-----------RM0.50

skysoh
Member Star
Posts: 48
Joined: Aug 2014
Male, MYS
12 Aug 2014, 09:30 PMPost #3
sure or not bro
HUATLIAU
Member Star
Posts: 9
Joined: Jun 2014
Male, MYS
09 Oct 2014, 11:27 AMPost #4
TODAY'S BEST BUY
THE LAND SALE WAS COMPLETED IN 2012 AND THE GAIN ON DISPOSAL OF RM96 MIL WAS RECOGNIZED IN FY2012. HOWEVER, DUE TO THE DEFER PAYMENT STRUCTURE, THE BUCK OF THE CASH INFLOW HAS YET HAPPEN. ACCORDING TO FY2012 ANNUAL REPORT:
"IT SHOULD BE NOTED THAT THE PROFIT OF RM96 MIL FROM THE LAND SALE IS NOT DUE FOR PAYMENT AND AS SUCH IS ACCOUNTED FOR AS RECEIVABLE IN OUR BOOKS. ACCORDING TO THE TERM OF DEVELOPMENT AGREEMENT, OUR COMPANY IS SCHEDULED TO RECEIVE THIS AMOUNT PROGRESSIVELY FROM 2012-2015, WITH THE MAJORITY OF IT IN THE FINAL TWO YEARS. THE BOARD IS DETERMINED TO RETURN PART OF THIS RM96 MIL TO SHAREHOLDERS THROUGH PAYMENT OF DIVIDENDS WHEN THE PROCEEDS ARE RECEIVED."
IN OTHER WORDS, SHAREHOLDERS CAN EXPECT GOOD DIVIDEND IN CURRENT YEAR AND NEXT YEAR.
IF THAT HAPPENS WE CAN PROBABLY SEE RM0.88 VERY SOON.
GOOD LUCK & HAVE A JOYFUL DAY
Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
Male, MYS
11 May 2017, 11:14 AMPost #5

Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
Male, MYS
12 May 2017, 04:45 PMPost #6

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry


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