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Not only this counter. most of the stocks are like that. miracle happening and foreign investors are moving out from Bursa & Go to US market. https://www.isaham.my/foreign-funds
You are right ..Maybe others counter as well ... But this counter trade record is so bad. Profit grows a lot but the share price can't even go back to the IPO... Funny funny
coming 2nd Qtr result will see a decline performance in YoY & QoQ. please don't expect too much.. recently price movement is due to share buy back activities.
While many KLSE stocks are trending down, LHI management carried out an aggressive stock buyback to support it's stock price. Well done to LHI management.
LHI like many steady stock in KLSE is undervalued. This stock gives a dividend of 2.75 cents in 2024 that works out to be a dividend yield of 4.5% at present stock price of 61 cents. LHI is probably not suitable for people who look for fast capital gain.
The management doesn’t care about the share price, as long they are enjoying company directors fees, salaries and benefits, why are investors still willing to feed them
