bclim_83If next quarter profit can reach again more than 10cent eps, d share price will shoot up. Looked at kesm, almost rm 10 even though low liquidity. D company had set up manufacturing subsidiary in indonesia
chankp7010Yesterday Bursa Filing has shown that Chong Choon Yeng, principal officer of the NHF has bought 319,900 shares at RM511,779/- within 3 working days. In 2015 annual report there is no such name as principal officer. Anyone can enlighten us when Chong Choon Yeng became its principal officer?
riskabsorberMr Chong is the existing CFO and was appointed back in 2014.
chankp7010NHF is a buy for those who are keen to make some pocket money for 3 reasons: 1 - Kenanga Research & Investment reported on 1/12/2016 that NHF should reach RM3.78 for projected profit for FY2017 using PE. 10. Estimated dividend pay-out for FY16-17 will be 14 cents and 15 cents respectively. 2 - NHF's CFO has spent more than RM0.51 millions to buy 160,000 NHF shares in 2016. If NHF did not perform, do you think he would have bought shares at RM3.20 each. 3 - Yeoman 3-rights value Asia Fund has been accumulating NHF shares and it now owned 6.8% or 5.16 millions shares. Yeoman is a Singapore well-known fund manager specializing in value investing. If NHF has not been performing, do think Yeoman is still accumulating the shares?
This is just my view. Buy or Sell at your own risks. Thank you.
bclim_83nhfatt is indeed an undervalued company with uninterrupted profit since listing. The company aimed to increase export revenue to 70%. They have managed2increase from 30% to 52% this year
chankp7010Could you remember since listed in Bursa, did NHF make any capital restructuring? I bought this share for more than 8 years, no bonus issue, no rights issue, no warrants issue! However, year in year out, paying dividend without failed. May those investors who will be attending AGM to request the Board to consider issuance of bonus, right or warrant free to shareholders as a reward for their long time loyalty.
bclim_83they have huge amount of retained profit and no problem with bonus issue. Companies like PIE, ajiya also only gave bonus issues after years of listing. However, the most important thing is increasing profit. With that, the share price and dividend will grow too
johortigerIn FY16, total export markets, which amounted to RM121.37m, accounted for 52.3% of group turnover. Non-operating items namely net forex gain (RM6.93m) and revaluation of investment properties (RM0.90m) came in at RM7.83m in FY16. The stock is currently trading at a discount of 30% to its book value of RM4.96/share. By ascribing a 20% discount to its book value, the stock should be worth at least RM4.00. Based on our EPS forecast of 39.0 sen for FY17, the stock is currently trading at a P/E of 9.0x. http://klse.i3investor.com/blogs/loginvestblog/117391.jsp
johortigerJanuary exports surge 13.6% to over RM70b http://www.thestar.com.my/business/business-news/2017/03/03/january-exports-surge-to-over-rm70b/
The stock will be beneficial from the depreciation of ringgit due to a rate hike in the US in this month. I bought some export-oriented stocks to prepare for it.
chankp7010RM 4/- has achieved less than one month of my prediction. Please do not sell NHF or take profit at this juncture. Reason: a progressive and improved profitability along with increased dividend paid out will continue to enhance your holding for this counter in months to come.
bclim_83D company has signed agreement to buy a land in indonesia to build a manufacturing plant catering for indonesian huge automotive market. I believe d company will grow further to achieve their 70% revenue fr export market
tecpowerNew Hoong Fatt buys land in Indonesia for RM18m to build new plant http://www.theedgemarkets.com/article/new-hoong-fatt-buys-land-indonesia-rm18m-build-new-plant
Apollo Angtracoma lent from sukuk 100 mil to invest in indo all gone then kena PN17
bclim_8311 cent dividen is coming, coupled with 3 cent earlier dividen, total dividen this year is 14 cent. Solid company
tecpowerThe stock is currently trading at an unwarranted discount of 21% to its book value of RM4.96/share as at end-FY16. Based on our EPS forecast of 39.1 sen for FY17, the stock is currently trading at a P/E of 10.1x against market P/E of 16x. The stock also provides a yield of 3.6% based on a total dividend of 14 sen for FY16. https://klse.i3investor.com/servlets/ptres/40125.jsp