Just sharing for study propose no call buy, Take your own risk in investment ><"

Below is some furniture company in Bursa

Last Month Good Results For Furniture Company

LATITUD LIIHEN and HEVEA all 3 furniture company EPS compare last quarter increase 28.46% to 117.51%.

But share price so so only ><"

Forecast JAYCORP and POHUAT EPS increase 28.46%.

I select lower increase for LATITUD LIIHEN and HEVEA. 28.46%, and consider JAYCORP and POHUAT EPS increase 28.46%.

POHUAT QoQ EPS increase from 9.5 to 12.20

T4Q EPS=30.83 and PE=5.09 (consider share price RM1.57)

*=.= just base on calculation, any mistake please advice

JAYCORP QoQ EPS increase from 4.69 to 5.138

T4Q EPS=12.94 and PE=6.38 (consider share price RM0.825)

JAYCORP EPS no increase 4.69 to 6.02

Due to Fire incident JAYCORP loss about 0.9mil, we consider 1.2mil.

=JAYCORP next quarter EPS

=Next quarter net profit ratio X previous EPS

=[(previous next profit increase 28.46% and reduce fire loss)/previous next profit]X previous EPS

=[(6.346mil*1.2846) - 1.2mil)/6.346mil]X4.69

=1.096X4.69

=5.138

But JAYCORP some production delays after fire. Losses below RM1mil

Refer https://www.thestar.com.my/business/business-news/2018/12/25/jaycorp-production-delays-expected-following-fire/

USD VS RM

For LATITUD LIIHEN and HEVEA

For JAYCORP and POHUAT

Trend

POHUAT have yearly trand compare JAYCORP.

POHUAT

If JAYCORP EPS > previous quorter it will meet KYY Golden Rule

KYY Golden rule for share selection:

The company must report profit growth for 2 consecutive quarters before I decide to buy it. Moreover, it must be selling below PE 10. 

JAYCORP

Pro And Con

Pro

This forecast take lower increasement 28.46%

Con

1.)average USD VS RM for 1/10/2018 to 31/12/2018 is 4.1716 higher than 1/11/2018 to 31/1/2019 with 4.1580, please refer USD VS RM

2.)Different between 1/10/2018 to 31/12/2018 (4,1716) and 1/7/2018 to 30/9/2018 (4.0927)=0.0789,

but different between 1/11/2018 to 31/1/2019 (4.1580) and 1/8/2018 to 31/10/2018 (4.1299)=0.0281.

3.) POHUAT have yearly trend.

Suggestions

Any suggestions, please advice and we learn together and thanks.

Just sharing for study propose no call buy, Take your own risk in investment ><"