Posted by kglin > May 29, 2013 8:02 PM | Report Abuse

This company is recorded profit for past 10 years, at least 10% for these 3 years. With latest business growth in Vietman and mega projects in Malaysia. This Johor base company for sure has good potential and it is a matter time.

Posted by weng77 > May 30, 2013 5:05 PM | Report Abuse

Some comments about recent announced financial results

Quarter Revenue Nett Profit profit margin %
Q4'11 RM140,601,000.00 RM18,444,000.00 13.12%
Q1'12 RM128,659,000.00 RM12,036,000.00 9.35%
Q2'12 RM158,496,000.00 RM10,014,000.00 6.32%
Q3'12 RM148,727,000.00 RM8,457,000.00 5.69%
Q4'12 RM150,986,000.00 RM11,390,000.00 7.54%
Q1'13 RM143,816,000.00 RM12,476,000.00 8.67%

- Profit margin bottom at Q3'12
- Revenue and profit margin improved in Q4'12
- Revenue and profit margin improve continue in Q1'13

Profit guarantee for White horse Vietnam just acquired by White horse Bhd recently
2013 USD 1 mil
2014 USD 2 mil
2015 USD 4 mil
2016 USD 5 mil

2013 profit improvement should be driven by increased in Revenue and profit margin with some profit guarantee from White Horse Vietnam.

Dividend yield - 10 sen (tax exempt dividend) / RM 1.72 = 5.8%

Posted by kglin > May 30, 2013 10:26 PM | Report Abuse

Solid profit record & not much increased in share provide a good opportunity to accumulate.

Posted by weng77 > May 31, 2013 11:54 AM | Report Abuse

This share is good for long term investment. ..even share price not increase a lot at least you get 5.8 % dividend every year...yield could be higher if it increase dividend to 12 cent per share from current 10 cent.

Posted by weng77 > May 31, 2013 2:39 PM | Report Abuse

Acquisition of WHV - Vietnam by WHB will benefit for both parties.

Capacity analysis

2008 2009 2010 2011 2012

WHB - M'sia
Cap(mil m2) 23 24.5 26.5 27 28
Output(mil m2) 21.3 22.7 24.8 25.1 26.4
Util rate (%) 92.61 92.65 93.58 92.96 94.29

WHV - Vietnam
Cap (mil m2) 9.65 9.65 9.65 12.65 12.65
Output (mil m2) 6.1 7.84 7.73 7.92 7.49
Util rate (%) 63.21 81.24 80.10 62.61 59.21

Based on above table, WHB output has been increasing steadily over
past 5 years with compounded annual growth CAGR 5.51%

Utilisation of WHB is 94.29 % at 2012 near the full cap.
WHB has backlog of 3 months based on sales order in last quarter 2012 representing capacity shortage of 6.62 mil m2

Acquire WHV will increase the total cap to 40.65 mil m2 to support
backlog of WHB and increase the utilisation of WHV and increase the
profit for both company WHB and WHV... And it is win win situation
for both... WHV benefit from utilization increase and WHB benefit from higher sales with the extra output from WHV.

Source from WHV acquisition report by WHB.

Posted by icecool > Oct 7, 2013 8:59 PM | Report Abuse

when is the next dividend payout ?

Posted by lcng123 > Oct 9, 2013 6:01 PM | Report Abuse

Normally, they declare dividend in Apr and Dec every year.

Posted by dragonfruits > Dec 6, 2013 11:12 AM | Report Abuse

dividend 5cent?

Posted by eftee > Jan 15, 2014 3:22 PM | Report Abuse

Year of the Horse. So are they moving?

Posted by Chang Chiang > Apr 14, 2014 10:34 AM | Report Abuse

My white horse. =)

Posted by Cadogan Bricks > May 7, 2014 1:21 PM | Report Abuse

nope div is 10cent

Posted by bmwm5 > Jul 20, 2014 6:22 PM | Report Abuse

Going up in the next few days

Posted by vinc3362 > Jul 22, 2014 9:53 PM | Report Abuse

bmwm5, any particular story?

Next few days only or the start of a long overdue bull run?

Thanks for reply.

Posted by candygirls > Jul 22, 2014 11:52 PM | Report Abuse

I would also extend a welcome to YDPChairman to the ever-growing list of new IDs of chewchew, wave000, hm666, ufis, Honda777, glass, yamaha777, Kukumanis, m00077, mahorse, Super999, reeee, 39839318, sahringinfoz, PImarket, resort23, Google, tiger555, harvey, cjiejack, Brightstar, Elegance, Kkanasg, Us222, suzuki123, yilo, sifukl, beautiful888, ks123, Huatarr123, Electricity555, huatarr123, Rahman1955, candys, kantigirl, candygirll, Newton, saltedball, Skynet999, PImarket, Jason999, haveylaisi, Kkanakasgsochai, Kksochai, muarsochai, Muarsohai, saltedveg, wongwee, Delta3, saltedegg, seowcp, delta1, delta, Happybird, Master111, orangmalaysia, Zerconium, investor777, Bitthedog, mercury999, bull123, datukkung, sangharimauu, sulaiman5591, yipman, Arrifin, latukgoh, natukgoh, ship3, heavy, thjldog, Thaohong, whatsapp, Airforce.....Lol

Posted by baiyuensheng > Aug 1, 2014 11:21 AM | Report Abuse

volume dead

Posted by Amao Mao > Sep 8, 2014 4:48 PM | Report Abuse

Hey any news for this counter? Have read their past 5 years reports and dividend payout, seems good right?

Posted by balvin71 > Sep 12, 2014 8:24 AM | Report Abuse

I recently put more % of my funds into dividend paying stocks with higher NTA compared to it's stock price. White Horse was 1 of them. The revenue from the last quarter report is the highest it has ever been with a decent EPS that will enable it to continue with the annual dividend payments of 0.10 per share (yield of almost 4.5%). An additional plus it's in annual report of opening of a showroom cum warehouse in Johor, this would be good to serve the rapidly growing Iskandar market. Hope all works out and wishing everyone Good Luck.

Posted by hellokitty123 > Feb 26, 2015 6:12 PM | Report Abuse

:-)

Posted by Vin Cullen > Jun 25, 2015 1:00 AM | Report Abuse

Gonna Hit New High soon...

Posted by guozhenyao > Jun 27, 2015 8:54 AM | Report Abuse

At least rm3.50

Posted by guozhenyao > Aug 21, 2015 5:10 PM | Report Abuse

Since listing,Wthorse has never been lost in it's profit,moreover ,it has got good dividend pay out,high NTA,and gradual expansion with better profit gain in record,no doubt it is one the best counters to be invested in!

Posted by Ken Lim > Aug 29, 2015 12:28 PM | Report Abuse

Kimhin is best !!!

Posted by red_85 > Aug 29, 2015 3:04 PM | Report Abuse

wthorse is safe stock to be park your money during such volatile market..

Posted by LanSeeBoy > Sep 21, 2015 9:24 PM | Report Abuse

8-7x FY15/16 NPAT appears reasonable but not really bargin given its poor stock liquidity.

Posted by ahmoi782 > Oct 29, 2015 2:04 PM | Report Abuse

Sound like trap. Some 'secret agent' trying to push up some reason. Stay away until you see the price stable

Posted by ahmoi782 > Oct 29, 2015 2:07 PM | Report Abuse

This truly bullshit >> "Mr.guozhenyao >> At least rm3.50 ". Come here to bullshit 2times per years in i3?

Posted by calvintaneng > Oct 29, 2015 3:20 PM | Report Abuse

WHITE HORSE - THE SLOW AND STEADY HORSE THAT WILL TAKE 1ST PRIZE SOME DAY!

ITS SALIENT FACTORS

White Horse Has

1) Consistently Increasing High NTA

2) EPS Growing From Year To Year

3) Pay dividend more than AJIYA

4) White Horse Has Upgraded Its Manufacturing of Higher Quality Tilles

5) ITS EXPORTS IS COMPETITIVE AND EVEN MADE INROADS INTO CHINA & VIETNAM. The Low Cost of Gas and electricity , Overhead, Employment of Nepali & Bangla Workers Have Cut Cost to the bone.
Plus the Collapsed Ringgit Has Made White Horse Tiles World Champion in Valiue!

6) All have gone GaGa Over Furniture & Electronic Export Stocks

ALL HAVE OVERLOOKED THIS MOST UNDERVALUE STOCK WITH GREAT POTENTIAL.

7) WITH MASSIVE COMPLETION OF CONDOS NEEDED TILES FOR FINAL TOUCH UP PLUS THE COLOSSAL AMOUNT OF TILES NEEDED IN PENGERANG WHITE HORSE (ALSO YILAI) TILES WILL SELL WELL.

8) AJIYA HAS RUN UP BECAUSE OF GLASS. NOW WHITE HORSE'S TURN TO RUN BY THE ROARING SALE OF TILES & MOSAIC SALES!

Posted by ahmoi782 > Oct 29, 2015 4:51 PM | Report Abuse

Ha ha he he trying hard. Hold on guys.. wait 3rd week November onwards. Let the price stable then step in.

Posted by newbird33 > Oct 29, 2015 10:25 PM | Report Abuse

Buyer beware:there will be a big forex loss in this qtr

Posted by calvintaneng > Oct 29, 2015 10:50 PM | Report Abuse

ANOTHER PLUS FACTOR FOR WHITE HORSE IS.

WHITE HORSE ALREADY UPGRADED ITS MANUFACTURING MACHINERIES. WITH THE LATEST CUTTING EDGE TECHNOLOGIES WHEN RINGGIT WAS STILL STRONG.

Posted by AyamTua > Oct 29, 2015 10:53 PM | Report Abuse

congrats to those whom rides on white horse..
tunggang kuda putih, sampai putih mata

kikikikiki

Posted by calvintaneng > Oct 29, 2015 10:58 PM | Report Abuse

AND ONE MORE DEFENSIVE FACTOR FOR WHITE HORSE.

A BUILT IN MARGIN OF SAFETY IN WHITE HORSE‘ HIGHLY VALUABLE STRATEGIC ASSETS.

ITS LARGE SPRAWLING FACTORIES IN TMN AIR BIRU ARE WORTH FAR MORE IN VALUE NOW DUE TO ISKANDAR PROPERTY BOOM.

THESE FACTORIES ARE BUILT ON PRIME LANDS OF TREMENDOUS VALUE.

S CLOSE TO PENGERANG AND PROPOSED THIRD BRIDGE TO EASTERN ISKANDAR WHITE HORSE PRECIOUS MAIN ROAD FRONTAGE LANDS WILL ALSO SKYROCKET IN PRICES.

Posted by ahmoi782 > Oct 30, 2015 10:39 AM | Report Abuse

Try harder ha ha he he. How much you try also. Ppl alert already. They will wait.

Posted by ahmoi782 > Oct 30, 2015 10:43 AM | Report Abuse

Wait for Christmas Sale. Cheaper price coming soon.

Posted by calvintaneng > Oct 30, 2015 2:05 PM | Report Abuse

Last time Calvin Tan recommended

JAKS at 39 cents. Then Jaks Jacked Up. Then jumped over Rm1.00

Also Super at Rm1.25. SUPER WENT INTO SUPERSONIC POWER - Up 200% AND TAKEN PRIVATE AT RM3.80

Then Calvin went to ICapbiz Forum and told TTB and all zombie investors to buy AJIYA at Rm2.05

Ah Jumping YA!!!

AJIYA DOUBLED TO RM4.20 (UP 100% IN 10 MONTHS)

Check them out whether true or not.


YIPPEE!!!

Posted by guozhenyao > Oct 30, 2015 3:27 PM | Report Abuse

..

Posted by guozhenyao > Oct 30, 2015 3:30 PM | Report Abuse

From what had been gathered by Calvin Tan,Whitehorse could hit more rm4.00 easily !you will be seeing us laughing all the way to the bank,mind you ahmoi782!

Posted by guozhenyao > Oct 30, 2015 3:31 PM | Report Abuse

Buy now b4 it's too late!

Posted by ahmoi782 > Oct 30, 2015 3:42 PM | Report Abuse

Go ahead guys! i'll wait for Christmas Sale to grab cheaper. More ppl need money. Sale coming soon! LAI ! LAI !

Posted by ahmoi782 > Oct 30, 2015 3:44 PM | Report Abuse

Try harder !!

Posted by calvintaneng > Nov 3, 2015 8:18 PM | Report Abuse

No need to try.

At Rm4.50 for 1 by 2 feet tiles White Horse is the clear winner

Posted by calvintaneng > Nov 14, 2015 5:23 PM | Report Abuse

Latest News Update About White Horse,

According to Sales Staff of Tiles Distributors & Retailers in Johor

1) White Horse is a leading Brand in Johor - and among Top Performer in the Iskandar Region.

2) Why Top Builders in Iskandar chose White Horse Tiles more than those from other parts of Malaysia or imported tiles from China?
Answer: Because With Its Sprawling Factories Nearby in Tmn Air Biru and Pasir Gudang it is very convenient to get more stocks faster & cheaper than from other states.

3) White Horse Also Expanded Its Production to Vietnam like Pohuat did with furniture.
And White Horse is now even importing Its Own Tiles from White Horse (Vietnam)

4) LATEST NEWS ABOUT TILES IMPORTED
DUE TO THE DEPRECIATION OF RINGGIT AGAINST CHINESE YUAN & US DOLLAR THERE WILL BE A 10% INCREASE IN PRICE FOR ALL IMPORTED TILES SOON!!

THIS WILL FURTHER BOOST WHITE HORSE SALES!

Another Company that should also benefit is YILAI.

How?

Go to Yilai Forum site to see updates on Yilai

Regards,

Calvin Tan
Jurong West,
Singapore

Posted by ahmoi782 > Nov 16, 2015 2:16 PM | Report Abuse

Hold on boys.. Christmas sale coming soon. USD/RM struggling.

Posted by ahmoi782 > Nov 16, 2015 2:20 PM | Report Abuse

TP 2.15 ~ RM 2.20

Posted by ahmoi782 > Nov 16, 2015 2:21 PM | Report Abuse

Don't panic .hold on now.. grab more later !

Posted by LACHARSINGH > Nov 24, 2015 7:31 PM | Report Abuse

haha boost sales??..... negative EPS bro....huge losses!!

Posted by Vizhai > Nov 24, 2015 7:44 PM | Report Abuse

What happen in to the latest report? Huge loss..

Posted by LACHARSINGH > Nov 24, 2015 7:45 PM | Report Abuse

kimhin will follow white Horse soon....

Posted by birkincollector > Nov 24, 2015 7:55 PM | Report Abuse

calvintaneng?

Posted by iiinvestsmart > Nov 24, 2015 8:16 PM | Report Abuse

Our dear Calvin never cease to amaze us with "story" plucked out of the air. Calvin has set an insurmountable height for bedtime stories. :D