Highlights
KLSE: HOMERIZ (5160)       HOMERITZ CORP BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.625   +0.01 (1.63%)  0.615 - 0.655  706,600
Analyze this stock with MQ Trader system

Overview

Market Cap: 188 Million
NOSH: 300 Million
Avg Volume (4 weeks):210,450
4 Weeks Range:0.61 - 0.67
4 Weeks Price Volatility (%):
25.00%
52 Weeks Range:0.585 - 0.75
52 Weeks Price Volatility (%):
24.24%
Average Price Target: 0.75
Price Target Upside/Downside: +0.125
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Nov-2019 [#1]  |  03-Jan-2020
Next QR | Est. Ann. Date: 29-Feb-2020  |  29-Apr-2020
T4Q P/E | EY: 7.48  |  13.37%
T4Q DY | Payout %: 4.80%  |  35.90%
T4Q NAPS | P/NAPS: 0.55  |  1.14
T4Q NP Margin | ROE: 16.38%  |  15.19%

Headlines

Date Subject
13-Jan-2020 还有两年 估价偏低 家丽资机构WB值得持有/温世麟硕士
13-Jan-2020 Homeritz Corporation - Better Volumes Boosts Earnings
09-Jan-2020 Stocks on Radar - Homeritz (5160)
07-Jan-2020 【视频】家丽资机构 销售超前推高财测
06-Jan-2020 Homeritz Corporation - Better volumes boosts earnings
05-Nov-2019 Homeritz Corporation - Results in Line
30-Oct-2019 Trading Stocks - Homeritz Corporation
30-Oct-2019 Homeritz Corporation - Results in Line
21-Oct-2019 Technical Buy - HOMERIZ-WB (5160WB)
20-Sep-2019 Daily Market Update - 20 Sept 2019 (HTPADU, HOMERIZ)
20-Sep-2019 Stocks on Radar - Homeritz Corporation (5160)
19-Sep-2019 沙地产能将迅速恢复·油气股打回原形·综指1600再失
18-Sep-2019 Strategy - Malaysia’s Impact From the Saudi Oil Attacks
18-Sep-2019 贸战开打·美订单转东盟·马家具业因祸得褔
16-Sep-2019 [转贴] 贸易转移 出口激增 家具业复兴旺多久?
26-Aug-2019 Stocks on Radar - Homeritz Corporation (5160)
18-Jul-2019 Trading Stocks - Homeritz Corporation
15-Jul-2019 新上市行使价低 HOMERIZ-WB极度价内/温世麟硕士
10-Jul-2019 Trading Stocks - Homeritz Corporation
10-Jul-2019 《 简易基础分析:家丽资机构 HOMERIZ 5160 》》

Business Background

Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in the property investment activities; and design, manufacture, and sale of furniture and furniture parts. The company’s majority revenue comes from Asia and Pacific market.
Trade this stock with 3 x trading limit. Find out more.

  19 people like this.
 
paperplane Top 10 holders of Homeriz, hehe:

1 Chua Fen Fatt 103,859,701 34.617
2 Tee Hwee Ing 65,600,000 21.865
3 Tee Hui Chein 9,691,300 3.230
4 Yayasan Guru Tun Hussein Onn 3,535,300 1.178
5 Quek Wee Seng 2,997,000 0.998
6 Mohamed Adlan Bin Ahmad Tajudin 2,580,000 0.859
7 Yayasan Guru Tun Hussein Onn 2,448,500 0.816
8 Yayasan Guru Tun Hussein Onn 2,157,600 0.719
9 RHB Capital Nominees (Tempatan) Sdn Bhd
Pledged Securities Account For Fong Siling (CEB) 2,000,000 0.666
10 Sultan Idris Shah 1,667,000 0.555
06/01/2020 11:32 AM
Armada An Quantum Leap Stock In 2019/2020 okie, worst is over for this upholstery ...
1QTR20 Show sign of strong revenus

Lets keep an eye for its next 2ndQ of 2020 result.
06/01/2020 12:28 PM
observatory What's the expected impact of the new minimum wage at RM1,200 per month starting 1 Jan 2020?

The minimum wage is set to increase year after year given the pledge of RM1,500 target set by the current government. Any idea how much automation is possible for furniture makers?
06/01/2020 12:45 PM
ruby20 Best quarter in the past 3 years. Revenue growth super encouraging, best margin in the sector and valuation is insanely cheap.

Post Q1 2020 result analysis:

"Homeritz has 1) the best margin in the business (better than $LIIHEN, $WEGMANS, Pohuat, $SPRING, Latitude, etc) 2) the best balance sheet with ZERO debt and healthy cash balance (44% of market cap) 3) Has capacity to expand (70% capacity) 4) is now GROWING its revenue AND 5) is the cheapest counter in the sector (4.5x ex cash PE).

I think the market need to justify this inefficiency / imbalance."

Good read:

https://www.facebook.com/1997932356957345/posts/2652720288145212/?d=n
06/01/2020 4:31 PM
ruby20 Q1 shows revenue growth... the only thing missing from Homeriz.
06/01/2020 4:31 PM
sharemania how to analyse whether warrant is a better buy than mother share ?
06/01/2020 4:34 PM
david_jansen HOMERIZ (5160)

自2016-Q1, 2016-Q2以及2017-Q1三个季度的Net Profit破RM8 Mil以上,就不曾有这么高的Net Profit。

直到今天出炉的2020-Q1业绩,Net Profit又再次破RM8 Mil以上,证明管理层在降低成本的措施做得非常好,销售量也增加!

可能很多投资者不知道,HOMERIZ家私产品跟很多家私上市公司有很大的差别,而且是家私业中Net Profit Margin最高的,接近20%的Net Profit Margin,甚至更高!

关于它的Dividend Policy 40%,是一支值得收股息的上市公司。如果以HOMERIZ派发股息10年的记录来看,平均DPS=3.79, 以现在的价格(0.665)是5.70%的股息利率!

以它2020-Q1的Financial Statement来计算:

Quick Ratio = 6.02【if >1.25, it's desirable】

Current Ratio = 7.35【if >2.0, it's desirable】

Debt Ratio = 0.11【if <0.50, it's desirable】

Debt-to-Equity Ratio = 0.12【if <0.75, it's desirable】

Cash Ratio = 5.14【1 or higher, it's desirable】

处于超级健康水平。

现在,HOMERIZ拥有RM86.432 Million的净现金,属于Net Cash的公司。

如果接下来的季度【2020-Q2】保持着2020-Q1 Net Profit的话,HOMERIZ有望达到:

RM0.74的价格【以PE 8来计算】

RM0.83的价格【以PE 9来计算】

RM0.92的价格【以PE 10来计算】- 一直以来,HOMERIZ的PE都是在10或以上的。

如果短期内HOMERIZ的价格突破RM0.74,那么往上RM0.80就不是大问题了,回酬20%++

以上纯属分享,买卖自负。
06/01/2020 7:42 PM
david_jansen https://www.enanyang.my/news/20200106/%e3%80%90%e8%a7%86%e9%a2%91%e3%80%91%e5%ae%b6%e4%b8%bd%e8%b5%84%e6%9c%ba%e6%9e%84-%e9%94%80%e5%94%ae%e8%b6%85%e5%89%8d%e6%8e%a8%e9%ab%98%e8%b4%a2%e6%b5%8b/
06/01/2020 9:01 PM
paperplane Homeriz got 8 new customers. Destiny for higher profit 2020.
06/01/2020 9:03 PM
paperplane Homeritz good, jaycorp also good. Have a look. Liihen div stable
06/01/2020 11:51 PM
tingkap Homeritz expected to utilise cash pile for future vertical expansion

The Edge Financial Daily

January 07, 2020 11:13 am +08

https://www.theedgemarkets.com/article/homeritz-expected-utilise-cash-pile-future-vertical-expansion
07/01/2020 2:02 PM
MK76 Huhu. Everyone is back to Homeriz. Come come.
07/01/2020 7:51 PM
mk00001 Upgrade to buy with a higher target price (TP) of 76 sen: Homeritz Corp Bhd’s first quarter of financial year 2020 (1QFY20) core profit after tax and minority interests (Patami) of RM7.8 million (quarter-on-quarter: +54.2%); year-on-year: +82.3%) was above our expectations, accounting for 35.9% of our full-year earnings.
09/01/2020 3:25 PM
mk00001 The better-than-expected earnings were due to higher-than-expected sales volumes. We raise our FY20/21 forecasts by 5.5%/2.5% respectively to account for better sales volumes. After our earnings adjustment, we upgrade our rating to “buy” (from “hold”), with a higher TP of 76 sen (from 74 sen previously), based on 10 times revised current year 2020 earnings per share of 7.6 sen. We continue to like Homeritz due to its healthy net cash per share of 28.9 sen and increased automation efforts.
09/01/2020 3:25 PM
mk00001 Its core Patami grew 54.2% in tandem with a revenue growth of 23.2%, and better profitability was driven by better sales volumes, lower production costs and a weaker ringgit.
09/01/2020 3:25 PM
david_jansen 从中美贸易战受惠 大马家具美国吃香

大马投银研究指出,中美贸易战将有利于大马家具业的出口,相比被征税的中国商品,大马家具在美国市场更占据优势,今年出口成长率料倍增至6.1%。


美国于9月1日2018起对中国3000亿美元的商品额加征收10%的关税,该税率在增至25%,12月份2019起将再调高至30%

美国市场相对家丽资机构(HOMERIZ,5160,主要板消费)今年至今也已签下8个新客户
10/01/2020 1:11 AM
patrickong Why good result share price no up??
14/01/2020 5:28 PM
Ameera Exactly... Sian leh this counter...
14/01/2020 6:03 PM
junooiseeyee Think of it: This is small counter, why operator or investment bank want to push the price higher to let us earn their money? It won't up above 0.8 within 2 years base on my exp
15/01/2020 9:08 AM
perangbrown Upgrade to BUY, TP: RM0.76. After our earnings adjustment, our TP rises to RM0.76 from RM0.74 previously, based on 10x revised CY20 EPS of 7.6 sen. We continue to like Homeritz due to healthy net cash per share per share of 28.9 sen and increased automation efforts. We upgrade our call to BUY (from Hold previously) following recent share price retracement and our earnings upgrade.
15/01/2020 2:46 PM
gongkia as long as when WA mature, homeriz price doesn't go up to 90 cents, all new shareholders win :)
16/01/2020 2:55 PM
Ameera Upgrade to buy yet the price still not go up
16/01/2020 2:58 PM
scholez18 Good that it's still maintain low profile.. the big institutional players are yet to invest this counter. Give more time for small fish like us to accumulate first. If you are an investor you would want your best ideas to remain undervalued long enough for you to accumulate!
16/01/2020 5:59 PM
luckyman It will be fairly probable for it's EPS to hit 9 or even 10 sen for the current financial year. So it's pretty possible for its share price to hit 76 sen or higher.
16/01/2020 8:57 PM
ruby20 USDMYR touch 1.5 year low thats why price been hard to move up, hopefully its just a matter of time before ppl see the value of the company is more than any FX rate.
18/01/2020 1:15 AM
ruby20 the WB cheap like anything... premium of single digit.
18/01/2020 1:15 AM
luckyman https://cdn1.i3investor.com/my/files/st88k/5160_HOMERIZ/pt/HLG/5160_HOMERIZ_HLG_2020-01-06_BUY_0.76_Homeritz%20Corporation%20-%20Better%20volumes%20boosts%20earnings_-2134971736.pdf
27/01/2020 11:05 AM
Ameera Upgraded to BUY...
27/01/2020 2:27 PM
kinuxian Potential catalyst:
1. Weakening RMB bring MYR depreciate along against usd.
2. Softening furniture output from China due to disturb from coronavirus.
3. US 10 / 25% tariff is remained (depend on furniture product categories).
30/01/2020 3:01 PM
maya1301 Funny catalyst..HaHaHa
Other counters loss making also up kaw2
This Homeriz profit like hell also useless.HaHaHa
30/01/2020 4:17 PM
Ameera I wonder why drop so much!!!
30/01/2020 5:06 PM
bursatrader2018 IB upgrade tp but price drop some more..better CABUT first,

global uncertainty in growth this yr does not augur well for furniture export stks, just for short-term play only, seems over already..


perangbrown Upgrade to BUY, TP: RM0.76. After our earnings adjustment, our TP rises to RM0.76 from RM0.74 previously, based on 10x revised CY20 EPS of 7.6 sen. We continue to like Homeritz due to healthy net cash per share per share of 28.9 sen and increased automation efforts. We upgrade our call to BUY (from Hold previously) following recent share price retracement and our earnings upgrade.
15/01/2020 2:46 PM
30/01/2020 9:02 PM
Ameera Aiyoh...
30/01/2020 10:16 PM
bursatrader2018 on 2nd check, for 2020 YTD, all sectors down except health (+11.35%), tech.(+ 7.5%),ACE(+ 7.55%) & REIT (-0.1%)

wonder which sector can do well this year ?

hope next mth can do better..
30/01/2020 10:27 PM
oskchoon Gentlemen, it has announced one sen dividend ex date 13th February, pls don't sell cheap cos you are loosing that one sen dividend...
31/01/2020 5:08 PM
Ameera Agree.. why want to sell low?
31/01/2020 9:11 PM
luckyman Dividend ex-date : 13/2/2020
06/02/2020 9:12 PM
Max2838 China exports & imports on hold because of CoV and slowdown in port movement.
Palm oil exports to China can be affected. China will export less furniture and Malaysia stand to gain from exports to US-EU-Japan. Furniture exports to Australia to accelerate as new homes are built to replace those destroyed by bush fires. These are positive signs for the furniture export bizness
07/02/2020 9:22 AM
Ameera Let see the performance in next Q
08/02/2020 3:32 PM
scholez18 If I were at AGM, I would ask these these questions:

1. In view of management, is there any growth catalyst in plans aside from ramping up marketing efforts and joining more furniture fares?

2. If so, how much % increase from marketing cost is expected this year? How much marketing was spent last year?

3. Mandate to buy up to 10% of outstanding shares were acquired for 2 years in a row, but no actual shares buyback also. Does management have better ideas to utilize the cash hoard of RM86 mil?

4. How much % are the expecting cost labour from implementation of minimum salary cap?
11/02/2020 1:47 PM
Ameera When is the div payout? Thanks
16/02/2020 8:46 PM
jgp1703 Ameera http://www.homeritzcorp.com/dividends.asp
18/02/2020 11:01 AM
Ameera Thanks... jgp1703
18/02/2020 5:22 PM
jgp1703 volume up today.hope is good news.
20/02/2020 12:17 PM
gongkia yeah dunno why keep so much cash.
20/02/2020 12:22 PM
JK22 Last QR result so good.. haven't reward any goodies yet.. maybe something is coming on its way
20/02/2020 2:41 PM
jgp1703 Hopefully something out by march
20/02/2020 3:12 PM
kinuxian Ringgit continues trending downward, good for export stock.
21/02/2020 12:11 PM
luckyman Agreed. Homeriz will reap much benefits from the weakening ringgit that would boost its exports.
22/02/2020 4:03 PM
kinuxian usd to myr 4.22. Loading more.
24/02/2020 9:38 AM


 

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