Finally, the BIG news has arrived.....for those who interested, please take action before it go limit up later.....

You win......must win you back tomorrow....haha...thanks

buy now to average.....

http://klse.i3investor.com/blogs/HOT%20NEWS/79943.jsp

yes

Ivan2222, today close at 0.205.....haha

No lah.......they have make the press conference mah..........4pm loh...still strong...confirm no fack buyer lah....

He is the big "ta koo" in VS and Lii Hen and Latitude oh........did he also buy Poh Huat ?

With good prospect..........Limit up soon......Conglate...the Chinese company also gain from currency exchange as the Ringgit depreciate a lot ...they have make some indirect gain....and will pour back in the stock......

Perwaja detail announcement will be out after 5pm today......let's do some homework....limit up soon...

okok...let's wait until 4.15pm to confirm its future trend.....

The BIG 1 is coming from Perwaja.............. Good news...turnaround FY2016....Right Issue with warrants, no capital reduction.... Any increase in Perwaja share price will have positive impact to Kinsteel, as it is Kinsteel associate company. With its NTA close to 15 sen, we expect the share to surge higher toward 35 sen soon...

http://www.theedgemarkets.com/my/article/perwaja-inks-agreement-china-firm-eyes-turnaround-fy16

The BIG 1 is coming.............. Good news...turnaround FY2016....Right Issue with warrants, no capital reduction....

http://www.theedgemarkets.com/my/article/perwaja-inks-agreement-china-firm-eyes-turnaround-fy16

Who is KYY ?

no limit today....BUT it could limit up after Perwaja announce the detail.....

Given the suspension of Perwaja, Kinsteel is the only 1 counter you can buy before announcement. Still a good buy before they announce the detail......those who take risk will gain the fruit...Selamat Hari Raya.....

Suspended pending major announcement !! As mentioned a BIG 1 is coming before Raya

believe or not...by you ....

Buy on rumours, sell on facts......readers here must "buy" first mah......Anyway, whatever it is, as Chinese saying : "there will be no wave without wind"......thanks all your contribution...

Difficult lah...........they don't even make some "extra gain" from the strengthening of the usd......and even loss.....lousy management

rm0.35

Hit new high !! must be something on going.....bonus issue ? share split ? share dividend ? hope simply guess simply hit....anybody here knowing any news from Poh Huat ?

credit given to icon8888.........he is the 1 "push" the share price ! With TA target of RM3...still relative cheap and buy now during technical rally

pathfinder, bonus issue can be issued only out from "the company" (not "consolidated") level. Therefore, we cannot use the consolidated figure of the RM90 million to declare the bonus. That's why I clarify my "mistake" on 11/7 from my earlier comment posted on 7/7.

Dividend will announce in Aug....coming soon....(based on last year tract record, they normally declare BIG dividend at 4th quarter)

because still bleeding blood mah............

YES...a very BIG news is coming before the Raya !! RM0.37 is "anytime" from now.....prepare to collect Raya Any Pou......

21cent is "any time" from now..........to prepare to collect your Raya any pou.......A very BIG news is coming before Raya......Selamat Hari Raya.......

I may make some mistakes in my 7/7 comments. Bonus Issue was paid out from The Company (not consolidated level) reserves. The Company has relatively low reserve as at 31/10/14 of RM23 million because the Company had issued 2 bonus previously for the last 10 years. Based on this, Poh Huat can only issue roughly 1:10 bonus issue if they really want to do. I think management may not do that as 1:10 may not attractive as compare to its peers. In this case, bonus issue is NOT LIKELY.
I still hope they can distribute the share treasury as "bonus" which is more tangiable ! Should they want bonus issue, can consider splitting shares from par value of RM1 to 50 sen.

Bursa amended Poh Huat 3% dividend ex-date to 21/7 from 20/7 "due to the possible closure of the Exchange if the first and second days of Hari Raya Aidilfitri fall on 18 and 19 July 2015"

Let's talk about fact on possibilities to issue Bonus or Treasury shares. As at 2q, there have RM91 mil retained earnings. So, bonus issue of 1:2 is not an issue and is very LIKELY !
PH has 6.7 mil treasury shares at RM2.8 mil (or RM0.43 per share ONLY)....(dam cheap)....(I hope the management did not quote it wrongly or I did not calculate wrongly (source : Note A5 with balance sheet). Based on this ratio, probably 5 for 100 bonus treasury shares ?? Anyway, if they decide to sell the treasury shares to the market, it is "good news" too, provided they distribute the gains to the shareholders....But I don't think management will do that because they have RM60.8 mil CASH sit on the bank, waiting to declare as dividend...hahha

Perwaja hit 30 cents !! there are no reason Kinstel not moving.....right? the BIG news could be on 15th July !! You know I know it is a corner stock. why Don't buy first before it fly ? It won't drop much further ! Any drop will not benefit the "major shareholders"......

http://www.bursamarketplace.com/index.php?ch=ch_brokers_1038&pg=pg_researchreports_1038&ac=16406

TA latest research update - TP at RM3 !!

fattycat, from cash flow statment , a reduction in receivables mean the customers "delay" in paying the company while the reduction in payables means the company paying the supplier "faster" (this could be due to the company buying a lot of material before GST. Although it is no financial impact for those GST, many companies do that....buy a lot to "keep stock" and wait and see for the GST environment. The company may buy in bulk to take bulk discount....nothing to do with bad debt.
We may see any bad debt from the Notes B13. They have no bad debt provided or written-off but I can see a provision / write-off of inventories of RM200,000. This also partly explain the positive other non-cash item of RM104,829 in the cash flow statement

I remember TA Research cover this stock....Any of you have any update from TA Research ? Thanks

Anyway, it is just a little "wrong timing" on the results and dividend announcement. It is good time to accumulate during this period.....I was calling a "take profit" when it reached RM2.30++, Given its sustainable profit trend, I am calling a "strong buy" now....hopefully can get < RM2.00

I agreed with pathfinder. The borrowings are mostly "current liabilities", meaning there are those BA to finance the material purchases, normally due within 4 months. Given such cash position, I don't think Poh Huat really need to gear up so much, other than "maintaining banking relationship" with those bankers. You know lah....bankers nowadays will looking for "good pay master" to improve their business. This also another plus point that bankers have confidence on Poh Huat. I had studied the borrowing trend. The accountant will "purposely" increase the banking borrowings from beginning year (to entertain those bankers) and slowing pile down to low level toward financial year end (so call window dressing lah).

Whatever, hard cash is still the most important....they declared 3 sen dividend !! Based on last year 8 sen declaration, I believed they will declare higher toward 10 sen (or even 12 sen) this year !! Let's pray for 3 + 3 + 4 this year.....or can we have more positive for 3 + 4 + 5 ? Poh Huat ...You can do it...and JUST DO IT !!

Guys...the directors are selling the shares to syndicates to goreng..........think about it, if you are 1 of those directors, do you want to sell at current price ? Stay tune with the stories

Poh Huat announced 3% dividend !
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4786297

m00077, if you do not have the annual report, you must not the "shareholder" loh.....sorry sorry...

Today still not announce its quarterly result ?? then must be next Monday or Tueday loh.....sorry for talking nonsense here.....but the stock must be start flying like the end of Dec last year....still remember guys ?

Limit up anytime !!!

As mentioned.........a BIG news in on going.....jump ship...take profit from Perwaja and join Kinsteel celebration !!!

Yap.....take profit in Perwaja and jump ship to Kinsteel...........the big boys are still in Kinsteel boat !!

Don't worry lah.......a BIG 1 is coming.....get ready to take pocket money from the sky....the restructuring is coming to the end.....

This RM20.96 million seems the amount advance to its property subsidiary (PHW) which stated as "Land held for property development of RM20.91 million in its balance sheet. I think it is the accountant's job to transfer the "indebtedness" to "investment". This is to avoid paying interest from PHW to the holding company. It is nothing to do with the bonus issue. I viewed property market negatively. A typical Chinaman company like Poh Huat may use this opportunity to pocket out more money for himself rather than to shareholders.....

Syndicate push up to 0.15 last minutes.....accumulate before they goring again...hihi..

redpeople, you seems know something "news" coming out ? Please share.....thanks