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Author: targetinvest   |   Latest post: Tue, 6 Oct 2020, 11:12 AM

 

BE SMART AND DOMINAN !!!! INVEST DOMINAN ON UNDERVALUED POSITION

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For latest information, can join us at
Blog https://targetinvest88.blogspot.com
 
Looking for the next trend play in Bursa Malaysia? No need to look further, neither left or right, east or west. The trend that is in play and will continue for a while will be the furniture theme play. But not all furniture player are going to benefit from this Work From Home, only a certain player stand out to benefit more.
 
Hence, I would like to point out to the FURNITURE HUB of MALAYSIA, that is in MUAR, JOHOR. This is the place where all the popular and branded furniture maker gather together, where raw material, skill worker are centered in a location.
 
According to data, the furniture export from MUAR, JOHOR represent 50% of the whole Malaysia. That is a very commendable figure to say.
 
The current COVID-19 situation had created a new market - WORK FROM HOME. This new opportunity is currently having a big void to be filled up for most of the exporting furniture player in MUAR.
 
The EDGE - Local Furniture players get a boost from WORK FROM HOME POLICY from the US.
 

According to the report, furniture maker in MUAR stand to benefit from US 2 trillion (RM 8.3 trillion) stimulus cash hand out.
 

 

 
So, how are furniture player in MUAR performing in terms of share price? .
 
 
POHUAT - REBOUNDED HIGHER FROM THE SELL DOWN DURING LOCKDOWN
 

WEGMANS - REBOUNDED HIGHER FROM LOCKDOWN SELL OFF

 

LIIHEN - REBOUNDED HIGHER FROM LOCKDOWN SELL OFF

 

SWSCAP - REBOUNDED WITH GOOD UPTREND

 

 
 
WHEN MOST OF THE FURNITURE MAKER IN MUAR ARE HAVING THRIVING BUSINESS, HOW ABOUT THE SUPPLIER FOR FURNITURE MAKER ????
 
I WANT TO INTRODUCE TO YOU - DOMINAN 7169
 

 
LESS KNOWN TO MOST, BUT THIS WOOD PANEL / PLYWOOD SUPPLIER TO FURNITURE MAKER IN MUAR AND VIETNAM IS UNDERLOOKED
 
HOWEVER, THE POTENTIAL TO REBOUND BACK TO IT'S NORM SHOULD NOT BE FAR AWAY AS DOMINAN IS A GOOD FUNDAMENTAL COMPANY, PAY DIVIDEND FEW TIME EVERY YEAR, NTA RM 1.80 AND WELL MANAGED WITH GOOD OWNERS.
 
DOMINAN STAND TO BENEFIT FROM
1. STRONG ORDER FROM FURNITURE MAKER AT MUAR
2. BETTER PRICING IN WOOD MATERIAL
3. LOWER INTEREST RATE WILL BENEFIT THE OUTSTANDING LOAN TAKEN BY DOMINAN
 
CURRENT PRICE CHART WILL SEE DOMINAN IS READY TO BREAK OUT FROM THE LOW PRICE RANGE, CONSOLIDATION ALREADY MAX OUT AND READY TO GO UP
 
DOMINAN
 
 

 

DOMINAN TARGET RM 1.00 year end. SUPPORT WITH STRONG FUNDAMENTAL

 

 
 
For latest information, can join us at
Blog https://targetinvest88.blogspot.com

 

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Labels: DOMINAN

Related Stocks

Chart Stock Name Last Change Volume 
DOMINAN 0.685 -0.005 (0.72%) 202,600 

  Be the first to like this.
 
greedy44444 Starting 1st October market will become sideways with less volume from fewer retail players. Not advisable to take position now.
30/09/2020 1:14 AM
targetinvest Now dominan already almost all time low range level.. can drop lagi?
30/09/2020 9:35 AM
targetinvest Can invest with time frame target 3 to 6 months
30/09/2020 9:35 AM
targetinvest If within 6 months.. From 70 cents can appreciate to RM 1.00..
That is 40% increase... SHould be way better than the 2% FD rate
30/09/2020 9:36 AM
CubOfWallSt Dominan hasn't been profiting since 2018 and their losses has increased up to the recent quarter.

https://klse.i3investor.com/servlets/stk/fin/7169.jsp?type=ttm

I'm interested to have a different view and to invest some money in it. However, it looks merely of a technical buy now, provided it breaks the current resistance with healthy volume. However, fundamentally, What are your numbers to support the RM1 at year end?

To clarify, I'm not saying you are wrong, just want more information to make better decision. There is a responsibility to be clear if you make posts like this as this will affect people's decision and their money.
01/10/2020 11:23 AM


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