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Overview
Financial HighlightHeadlines
Business Background New Hoong Fatt Holdings Bhd is an investment holding company based in Malaysia which provides automotive parts solutions such as door, hood, fender, trunk lid, bumper, grille and lamps through its subsidiaries. The company markets its products to more than 50 countries in Asia, Central and South America, Europe and Africa with the help of production facilities, expertise in design and development of tool and dies. It also has presence in Jakarta, Indonesia and Shanghai, China through its subsidiaries. It recognizes revenues from trading of its auto parts.
Raghu Nath Sharma likes this. luckycharm New Hoong Fatt Holdings Bhd (NHF) remains sanguine of achieving a double-digit growth in net profit and revenue this year, driven by its overseas businesses. The international contribution is expected to grow to 70.0% of the group's revenue by 2021, from 52.0% currently with the company currently exports to more than 50 countries. (The Star Online) 07/06/2017 3:43 PM chankp7010 NHF has just waken from a slumber; yesterday up 32 cents, now as at 11.10 a. m. up 22 cents. Any Sifu can predict trading price for NHF up to end of the month?? 08/06/2017 11:11 AM luckycharm i think rm 5.50...but am keeping coz believe nhfatt another fatt counter in da makin.. 08/06/2017 11:19 AM chankp7010 Thank you luckycharm for prompt reply. Hopefully, RM5.50 will be forthcoming. 08/06/2017 12:29 PM bclim_83 The company is confident of double digit growth this year. Managing director said before he valued the company at the PE of 20, that means the share price should be ard rm 8. Looked at small cap companies such as jhm, kesm and ajinomoto. All trade at PE of 15-20. 11/06/2017 6:39 PM chankp7010 Instead of hoping for RM5.00-5,50 for NHF, we are now getting RM4.36. What happens? Is there any change in management, policy, directors or operation. The answer is obviously NO! Then, why such a drop in term of percentage? Only sentiment and human feeling that we can fathom. Ha Ha. Let us wait for another Quarter result for better assessment. 22/06/2017 5:53 PM kakashit As long as the cars are moving, we still need spare parts right? And not many can afford Ori parts, therefore we need OEM one like Nhfatt 28/03/2020 9:08 AM Dehcomic01 When you compare the past 10 years ROE of NHFatt with those of my 2 reference Bursa car companies - BAUTO and HLInd, you will conclude that the parts companies are not doing as well as the vehicle manufacturers. For more insights of the Bursa auto sector go to "Are there opportunities in the Bursa auto sector" in my blog 31/10/2023 8:20 AM SincereStock @Dehcomic01 PE is more important than ROE, ROE basically has no meaning in gauging whether a stock is overvalued or undervalued because it doesn't involve the actual current market price. I always totally disregard ROE 31/10/2023 12:16 PM SincereStock People tend to judge whether a company is good or bad only. there is no use if company is good but market price already overvalued, it makes it not worth to buy anymore no matter how good the company itself is 31/10/2023 12:16 PM wongchin Not much movement n not much volume also. Very boring stock. Should have buy APM better. 29/01/2024 5:38 PM wongchin Parts factory will boom in these few years frm expert perdiction. Cos a lot of foriegn car company especially ev car enter malaysia market. These ev car also need to buy car parts locally as imported parts need to pay extra logistic n tax. This will definetedly benefit local car parts producer like apm n nhf. 30/01/2024 6:01 PM wongchin Sold off today at3.54. Wait for others counter opportunity. Money go out only cannot. Near cny must collect some money bck also 02/02/2024 4:08 PM PureBULL ... NHFATT Split or BI is the legal lesen to taikow up the stock. we saw that happened in a bigway in Mcehldg recently, its price double up n +. NHFATT's Split into 2 is approved by Bursa: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3435683 Illiquid stock with Split or BI will fly HH easily... https://www.tradingview.com/x/hoxJOsoW/ 05/04/2024 9:26 AM SincereStock bought a few NHFATT at RM2.05 (03 july 2024, 4.45pm). one of few good fundamental counters that is still lagging behind today's market recovery 03/07/2024 4:48 PM SincereStock recent QR is clean and fantastic, 1 of 2 best QRs (insignificant;y different to each other). annualised around PE 5.5 company claim to do expansions oversea facebook page are active promoting no debt totally clean net financial income still significantly below NTA 04/07/2024 11:37 AM SincereStock it is quite worth to park a few cash while anticipating price back to pre klci downtrend before next QR for further analysis 04/07/2024 11:37 AM SincereStock split share should induce price movement upward especially during this good QR, this down play most likely temporary and intentionally to sweep away some retailers. just a little mind game analsysis 12/07/2024 2:03 PM SincereStock reluctantly sold a few nhfatt at 1.91, using the cash to top up ktc at 0.210 (07 august 2024) 07/08/2024 12:17 PM SincereStock sold all remaining NHFATT at 2.00 (25 september 2024, 9.18am) dissappointing with recent QR, was trying to find a better price to sell. only realise the recent price rally after yesterday closing. glad to be still able to sell at only slight lower than yesterday closing 25/09/2024 9:19 AM | |