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Lii Hen Furniture Stock Breakout from a 1.5 years downtrend line

MYX:LIIHEN   LII HEN INDUSTRIES BHD
Lii Hen is one of the famous furniture counter in Malaysia Stock Market who has just breakout from a 1.5 years downtrend line since 2017 which has just posted a good result.
Besides the breakout from the technical analysis we could see that from the fundamental point of view the company performance is pretty convincing as well.

Market Capital : 534m
ROE : 19.70
P/E : 7.99
PEG : 0.53
DY : 4.88
Financial Leverage : 1.4
Interest Coverage : 58.5
Target Price from Research House : 4.22

Despite with the uncertainties in the stock market due to the escalation of trade wars we believe that Lii Hen might be one of the counter which could perform in 2019.
As a lot of the furniture stores is trying to get their supplies from Malaysia recently.

Solely for education purpose without any buy or sell recommendation.
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