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Overview
Financial Highlight
Headlines
Business Background SHH Resources Holdings Bhd is an investment holding company. The company is a Malaysian based manufacturer and exporter of wood furniture. Its products cater for the medium segment of the North American market. SHH also manufactures a wide range of dining sets comprises dining tables, chairs, servers, buffets, and hutches. The company derives most of its revenue from Malaysia.
  SuperLaber bought in during the peak @ RM1.70, investment shrinked half, what happened to the management and Board of Director? no more hope? haizzz 05/04/2018 2:26 PM SuperLaber ham yue hangus jor, went into longkang liao, tbh this is the worst-EST ever share I've bought 22/11/2018 11:04 AM commonsense 1Q19 result of negative RM2.5mil marks the 4th consecutive quarter of losses for SHH. Given the challenging market outlook of the furniture industry (oversupply of panel boards and lower demand from export market), couple with the persistently higher raw material and labour costs, investors will need to be prepared for SHH to continue posting quarterly losses in the near future. If you are looking to diversify your portfolio outside of SHH Resources (due to its weak earnings outlook), I would recommend you to look at MBMR. MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE. Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50. Good luck. 05/02/2019 2:37 AM kuring2 Morning gais... happy trading today.. This counter should limit up today, like MCEholding. Do you know, this counter OLD TIME HIGH is how much?? It is RM2.20.. Let the party begin.. we will see if they can go back to the old time high and create the NEW high. Happy trading gais. 22/10/2020 7:12 AM SEE_Research Technical chart This stock is definitely on the uptrend mode, with fast + furious pace, to RM 1.33, on the same technical pattern of MCE /7004, that zoom limit up at RM 1.33 on 21 October 2020. When SHH is limit up, it is identical as MCE/7004 at RM 1.33, Like a twin. The old high RM 2.37, 13 November 2015, is in the process of the journey 22/10/2020 7:45 AM Superdaddy Cheers and hopefully company performance will improve as time goes by. 25/10/2020 7:46 AM SEE_Research SHH /7412 ======================================+==== As predicted, at 7.45am, 22 Oct 2020, It will reach RM 1.33 Now closing for 28. October 2020, RM 1.31(+RM0.06), just 4 trading days, it has reached RM 1.31, Just hold tightly and wait patiently for RM 2.00 28/10/2020 5:46 PM STDN237649 sleepimg counter keep for grandchildren no chance for self enjoyment.tunggu sampai mati lor 14/11/2021 10:20 AM STDN237649 STDN237649 What happen to See research no more comment on SHH//? LASt comment fast furious be patient target RM2.00 30/11/2022 9:04 PM alenac Same guy who is a director here? 65-year-old businessperson has pleaded not guilty to nine counts of soliciting and receiving bribes worth RM12.8 million linked to the Jana Wibawa programme. Teo Wee Cheng claimed trial to the charges that were read to him in Mandarin before judge Ahmad Kamal Arifin Ismail at the Sessions Court in Johor Bahru today. https://www.malaysiakini.com/news/655987 22/02/2023 3:04 PM Dehcomic01 Over the past 13 years, the company delivered an average ROA of 1% compared to the Bursa furniture companies average ROA of 5%. Refer to Which are the better stocks in Bursa Malaysia furniture sector? in the blog post. But the returns have been improving over the past 2 years. I would keep an eye on this one to see how it progresses. 07/08/2023 8:50 AM goldmanbull Synergy has the highest returns in terms of financials and share price appreciation. Still have more upside. 03/05/2024 4:41 PM  | |
