but Optimus buying this stock when it was 4.16 now is 4.97...

seriously all buying for this reason? I thought most people buying because the business model and fundamentals are financially sound... :p

You can exit and buy something more interesting or you can accumulate if you are convinced with the facts. Its a choice. The most exciting place I know to make money is in the casino.

by 2022.

probably because he bought some already hahaha

Homeriz generated RM20.6 mil from their operations and only invested about RM 9.6mil in property plant and equipments giving a free cash flow of about RM 10 mil. Based on this 3 months result alone they can afford to pay 3 sen of dividend per share. Including next quarter, I think 4 sen and above shouldn't be a problem.

well... their eps definitely is gonna be more than 2015.

They have already generated nearly 70% of last years eps in the last 2 quarters. 3Q and 4Q even if underperform compared to 2015 will still result in better eps compared to 2015. Strong cash flow from operations. Highest PE ever recorded is 14 while lowest PE is 11. If lets say there is 0 growth for 3Q and 4Q and it remained the same as it did for 2015, their eps in 2016 can conservatively hit 9.65sen, giving a forward PE of 9.30 which is below 11. Even if you take their worst 3Q and 4Q performance which is in 2011, their eps only dropped by 5% compared to 2015. I am not saying that they will guarantee 100% have higher eps in 2016 compared to 2015, its just very likely they will perform better this year. Higher eps with 40% dividend policy just means better dividends. Good luck

They just took shareholders money to pay off their debt. But in a way, they did successfully turn around their company. Just need to be aware of the risk that most of their income is from phillipines. Any weird law changes then all hell will be loose

Well I did a quick check. In 2015, their EPS is 7.83 sen. In 2016, their 2Q results showed that they have already generated EPS of 5.59 sen. But we do not know Homeriz's 3Q and 4Q results for 2016. Assuming that they did really badly for 3Q and 4Q, like their worst performance in 2011, (3Q 2011 EPS is 0.585 sen after dilution and 4Q 2011 EPS is 1.30 sen after dilution), their EPS for this year should still at worst case be 7.475 sen which is a 4.53% drop from last year. Homeritz normally pays out dividend in 3Q and 4Q. With a 40% dividend policy, the worst case scenarios dividend should be 3 sen (40% x 7.475 sen). Also note that during 3Q and 4Q 2011, USD/MYR rate is still hovering between 2.95 to 3.00 and in 2015, the USD/MYR rate is hovering between 3.66 to 3.70 before spiking in August 2015. Compared to today, the USD/MYR exchange rate hovers around 4.00. Of course, the worst that could happen is that they completely have no sales in 3Q and 4Q 2016. But after maintaining customers across more than 50 countries around the world for more than 5 years and with USA, which is one of their largest markets, in a much better economic situation currently, sales cant just disappear like that. Well I believe it is quite likely that their results will be better this year. Over the years, their net profits are backed up with strong cash flow and according to 2Q 2016, their net cash flow from operations also looks strong. Their CASH BALANCE is 2.81x their TOTAL LIABILITIES as of 2Q 2016. Loaded with cash, high probability of improved results, and a good dividend track record, all these evidence suggests a high probability of increased dividend payout for 2016. This is just my opinion based on the facts i got btw. Good Luck

Good luck =)

According to Harta's 2015 annual report, page 115, Sales from Europe accounts for 30.3% of total sales (RM347.8 mil of RM1.146 bil revenue) and is Harta's 2nd largest market.

hmm...maybe its flying down to refuel first...

The whole industry is switching together with Harta. Could explain why they feeling crowded and lower average selling prices of gloves

Harta still has the highest PE in the industry. Topglov currently is the lowest. Price probably fell after margins dropped sharply in the last quarter.

i see ppl been posting "will shoot up" la..."will rebound la" so many times ady then still dropping like this. Can trust or not 1?

I don't know. FDA wants to ban powdered latex (40% of topglov's sales are latex). Everyone saying its OK because Topglove do sell a lot of nitrile gloves also. But the thing is, if I want nitrile wouldnt it be better to invest in Nitrile Glove specialist like Hartalega? Thoughts anyone?

Yeap... Harta's PE is high compared to its other glove peers

apparently the fall is due to rise in oil prices and strengthening of the MYR against USD. This coupled with the recent fall in exports and manufacturing index caused a rapid sell down by individuals and large institutions.
http://www.thestar.com.my/business/business-news/2016/03/04/malaysia-january-exports-down-to-nearly-rm62b/
http://www.theedgemarkets.com/my/article/ringgit-rises-seven-month-high-crude-oil-rebound

Its still not done going down it seems....

nvr thought it would go below 4.70. Really very... wow

looks like its coming down hard. Everyone selling.

Info and facts from my friend who went to EITA's recent AGM:

1. Services segment is very strong It is required by law to service/maintain your elevators. 90-95% of elevators/escalators installed will be serviced by EITA. Even if some customers source for cheaper 3rd party maintenance service, eventually will go back to EITA because some parts are manufactured only by EITA. Customers can only 100% change new maintenance service providers if they change completely new elevator systems which is very unlikely. Therefore everytime they install elevator systems, they get a permanent new monthly income stream.

2. Huge bulk of the RM96.4m MRT project they secured will be done in this year alone. Estimated completion 1H 2017.

3. EITA currently have about 10% market share in the elevator & escalators locally.

4. EITA's fire resistant cables Pyrotech and new busduct systems are rapidly gaining market acceptance.

5. EITA 1Q report is out now. Results have improved compared to previous year's quarter.

Despite the outperformace in the last 3 quarters, does anyone notice that in the 2014 Annual Report, they reported a profit before tax of RM4 mil and and tax income of RM3.2 mil (Causing the net profit to hit RM7.2 mil)? Annualising the profit for 2015 using the last 3 quarters only gives me RM4-5 mil. Will they have the same tax savings again in 2015? Just wondering...
P/s: Also notice that a director has been disposing some shares...

Bro... translate a bit la not all can read mandarin yo @@