Kim Hin Industry Bhd is Malaysia based firm which engaged in investment holdings, manufacturing of ceramic tiles and also provides provision of management services. The group principally operates in ceramic tiles production industries and possesses market recognition under the brand name KIMGRES, DUROGRES, VITROGRES, and HABITAT. In addition, the company also provides services like Pirineo Series, Sahara Sandstone Series, and Wood services. The company is organized into four operating segments according to geographical locations namely, Malaysia, China, Australia and Vietnam segments from which Malaysia segment contributed most of the part of its revenue.
SincereStockI think this major sell down is really very disappointing and unnecessary for this financially good company just because of 1 under performed QR :(
26/05/2017 11:39 AM
SincereStockit should have stayed at least above 2.10
26/05/2017 11:39 AM
SincereStock2 previously great QR seems like being forgotten
26/05/2017 11:49 AM
Woo Choon Mingthe last QR 3cents 9.74cets 9.33cents now 1.29cets total 23.36cents
26/05/2017 12:00 PM
SincereStockexactly, average yearly EY for RM2.00 price is 23.36/2.00 = 11.68%
26/05/2017 12:08 PM
Woo Choon Mingtile/ceramic product such as seacera pe 51 wthorse pe 18.4 yilai pe 24.2 kimhin the lowest
26/05/2017 12:24 PM
soojinhouI'm not saying it will, just saying it may, that the housing market in Australia, specifically Melbourne and Sydney is moving from extreme exuberance to a slowdown, and that could be a negative for Kimhin. Alarm bells are sounding for Australian housing with bank downgrades, tightening lending and hostile foreign investor policies. Construction activity is slowing and likely to slow further as Melbourne and Brisbane enters apartment gluts.
RjwealthJudging from the most recent quarterly results by White Horse and Yilai, the tiles industry outlook does not seem so encouraging.
I think the industry will recover when property sector recovers...
The managing director Chua Seng Huat was found guilty of insider trading in 2001. Another point to take note on the risks of investing in this company.