cherry88

cherry88 | Joined since 2014-08-04

Investing Experience Intermediate
Risk Profile Moderate

Followers

1

Following

0

Blog Posts

0

Threads

975

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
975
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2019-09-04 08:50 | Report Abuse

Based on its "intention to deal during closed period" Bursa announcement on 22/8, I expect its results to release around 22/9 loh. Given the depreciation of Ringgit and the results from other furniture stocks, Poh Huat results should be good

Stock

2019-08-16 17:08 | Report Abuse

Maybe it is time to re-look furniture industry given "not much stock to pick now", "Dollar play" and "US-China trade war".

News & Blogs

2019-07-31 08:52 | Report Abuse

For curiosity, what stocks are you holding now ?

Stock

2019-07-15 09:31 | Report Abuse

Thanks Hong Leong Research !

Stock

2019-07-09 23:20 | Report Abuse

Wah... Buy buy buy before too late... Poh Huat normally show good redults in 2nd half of tbe year due to Xmas order in the US

Stock

2019-07-06 11:23 | Report Abuse

I am done with the Alicafe. Bye

Stock
Stock

2019-07-02 09:47 | Report Abuse

Guys, I am here...offloading Dsonic and join you guy

Stock

2019-07-02 09:46 | Report Abuse

pang72, you should keep off load dsonic and loading in prestariang for SKIN project now. Prestariang is expert in SKIN. government wont' be so stupid to "fight" with them. I believe they will sit down and re-nego for win-win position.

Stock

2019-07-01 15:25 | Report Abuse

Price break-out. more nego on SKIN too. government won't be stupid to cancel it, and there are no 2nd expertise to do this

Stock

2019-07-01 11:34 | Report Abuse

If I was the syndicates, then I will close it at RM0.62 TODAY ! being the slightly above today's Hi Lo

Stock

2019-07-01 09:17 | Report Abuse

Don't be too greedy, Vxturbo. This counter is both "growth" and "dividend" stock. Its yield is in range of 5%. Given its monopoly status, we expect dividend will grow too.

Stock

2019-07-01 09:07 | Report Abuse

Dsonic already secured the government contract. Price will go back to pre-GE price of 90sen level. It is nothing new. Buy before too late

Stock

2019-06-27 17:29 | Report Abuse

At first glance, the results looks flat. However, if we study into details, you will know that it has delivered an fantastic results with 74% growth !

“Excluding the one-off non-operational incomes in the previous’ year corresponding period i.e. the recovery of bad debt previously written off of RM4.50 million and fire insurance compensation of RM1.27 million, the current quarter profit before tax of RM11.97 million would been an improvement of about 74% compared to the adjusted profit before tax of RM6.88 million recorded in the previous’ year corresponding period”

I believed the Poh Huat growth engine has started. The trade war + strengthening of USD should keep the company sales and profit margin intact. Assuming EPS of 25 sen (based on 4 latest EPS), its growth rate is 16%, with PE of 6~7x should be fair. However, declaring 2 sen dividend is a bit low given its net cash of RM76 mil (or 34 sen per share). The company declared 6 sen dividend last year. (previous years were 8 sen). Assume they declare 6 to 8 sen this year, the yield is 3.8% to 5.1%. If director can pay higher dividend, ROE will grow even higher to more than 15%.

If you buy Poh Huat growth story, then please stay on boat (or start boating) to a better destination / journey. If you prefer to look at short term investment return, then get a ride in Mazda CX5 (and upcoming CX8) with a cup of Alicafe coffee !

Stock

2019-06-27 16:30 | Report Abuse

should look forward your 2nd TP of RM3.60 to RM4.00 ! (based on yield of 5 ~ 5.5%)

Stock

2019-06-20 10:30 | Report Abuse

No hike in cement price. Safe to buy in with 6.5% dividend yield.

Stock

2019-06-20 10:27 | Report Abuse

Just finish my Ah Huat / Aflicafe coffee, decided to buy a Mazda SUV. Very value for money buy given it is locally assembly. Should hold at least 5 years because it is maintenance free. Haha

Stock

2019-06-14 09:19 | Report Abuse

Khatulistiwa, You are still sleeping with lion ? Wake up and go to test drive Mazda with a cup of Ah Huat coffee !

Stock

2019-06-14 09:09 | Report Abuse

Investors are putting in too much expectation on this US-China trade wars positive impact to the furniture company. I believe share prices have been factored in. Bye Bye.
I am going to motor show, and test drive my Mazda with a cup Ah Huat coffee. Not attending the AGM.

Stock

2019-06-14 09:08 | Report Abuse

Investors are putting in too much expectation on this US-China trade wars positive impact to the furniture company. I believe share prices have been factored in. Bye Bye.
I am going to motor show, and test drive my Mazda with a cup of Ah Huat coffee

Stock

2019-06-11 21:53 | Report Abuse

Should expect a very good set of quarterly results to release soon. Else, i can't reason out its recent surge. Also suspect foreign institutions are nuying ahead quarterly reporting. However, please bear in mind Poh Huat 2nd q results are usually seasonal low.. Stay tune and hold tight.

Stock

2019-06-11 15:16 | Report Abuse

no problem...got meat

Stock

2019-06-11 10:24 | Report Abuse

Anybody attending AGM tomorrow ? Please shares what's news and Q&A ...Thanks ya

Stock

2019-06-07 17:42 | Report Abuse

"waiting for before ex date of dividend to drop further then will buy" ??? what are u talking ?

Stock

2019-06-07 09:20 | Report Abuse

EPF is goring....sell into strength, buy during weakness

Stock

2019-06-03 15:44 | Report Abuse

You bot at the highest of the day. Now is RM2.23 ...buy more to average

Stock

2019-06-01 10:57 | Report Abuse

A good potential property company but no dividend. At current environment, dividend is king.

Stock

2019-05-29 16:38 | Report Abuse

Watch out this counter for a strong technical rebound. (technical rebound = short term trade). Fundamental wise, still a bit uncertain.

Stock

2019-05-28 22:08 | Report Abuse

They have changed secretary recently. Should be the typo mistake. They just 'copy' n 'paste'. This is the amended announcement, due to mistake in principal officer shareholding in the original announcement

Stock

2019-05-28 08:47 | Report Abuse

Calvin, please be a bit professional lah...here is Lii Hen forum. Poh Huat must wait for its q2 results to announce next month , and see how "generous" they pay dividend. No dividend no talk lah

Stock

2019-05-27 09:35 | Report Abuse

Congla Lii Hen shareholders

Stock

2019-05-27 08:57 | Report Abuse

Poh Huat released its 2nd Q report on 26/6 last year. So, we should expect the results to release around 26/6 this year too.

Stock

2019-05-11 09:14 | Report Abuse

https://www.bloomberg.com/news/articles/2019-05-10/here-s-why-vietnam-risks-being-labeled-a-currency-manipulator

Is it a good news or bad news ?
Well, it looks this will definitely benefit non-Vietnamese manufacturer like Lii Hen after taking the confirmed tariff rate increase lately. I believe more orders will flow into Asian other than Vietnam. Lii Hen will stand to win as it is one of the biggest furniture factories in Malaysia (even bigger than Poh Huat Malaysia operation). the latest audited Poh Huat Malaysia sales recorded at RM278 mil while Lii Hen sales recorded at RM801 mil, more than double of Poh Huat. Let's analyse the profit...Poh Huat Malaysia PBT was at RM31 mil (11%) while Lii Hen was at RM73 mil (9%). Despite a recent weakness in profit margin, I believe Lii Hen will benefit in long term due to economic of scale. On the other hand, Poh Huat could be lose out due to more uncertainty in the Vietnam (on being labeled as currency manipulator + competition with Chinese factory companies in Vietnam).

Another plus point for Lii Hen was its 45% dividend payout rate (or 14.5 sen in FY2018) against rather uncertain dividend payout of 31% (or 6 sen in FY2018) for Poh Huat. Yield wise, Lii Hen stands to win at 5.56% against 3.92% (as at 10/5 closing). I did not include Latitude in this discussion because Latitude is very "stingy" in dividend payout. Given current market uncertainty, cash / dividend is king !

Conclusion: if you ever invested/ exposed in export furniture stocks, switch to Lii Hen, and (you know what to do lah)

Stock

2019-05-03 09:17 | Report Abuse

I agreed with lcng123 too. In the AGM, the director also explained that the Australia warehouse is a core business in the future. He did not explain further, but I believe they are planning something to grow in Australia. Poh Huat management is very far sighted. they will keep expand and adjust themselves to the market trend. (Compare to Lii Hen where they are more prudence" ). I believe Poh Huat is a growing company regardless the economic trend. I also believe Poh Huat Board will declare higher dividend in the future given they are quite accept Pangolin advice and there are more and more institutions in the list now.
Oh....1 more thing I want to highlight in the AGM. 1 representative from MSWG also attended the AGM. This also show that there are investors start looking at this counter. The Chairman also read out MSWG questions and their reply too. Anyway, I can't remember what questions as they are not really relevant to me.

Stock

2019-05-02 08:59 | Report Abuse

According to the Pangolin report, the non core are "Agriculture Land", " Investment Properties", "Australia Warehouse"

Stock

2019-04-30 12:36 | Report Abuse

Attended yesterday AGM in Melaka. A representative from Pangolin also hand out her analysis to all shareholders. She is in view the company is undervalue. In short, the revenue and net profit has grew by 10% and 7%p.a for the past 20 year. Poh Huat is the top 3 furniture maker in Malaysia with net cash of RM71 mil or RM0.32 per share. It will benefit from the US-China trade war.
She recommend the Board to pay higher dividend (75% payout) and dispose non-core asset of RM66mil (and of course distribute out this 30 sen per share as special dividend). By doing this, share price will almost double to RM4.32.
Board of Director reckon her recommendation. It was told that Pangolin has previously given similar analysis to Poh Huat, and Poh Huat did follow their recommendation. Let's hope they will once again listen to Pangolin this round by paying more regular dividend and share price will sure move up.
Another shareholder also explain that its peer (Lii Hen) has a very regular dividend stream and be able to command a higher PE and ROE. Should Poh Huat doing the same, share price will definitely move higher in par with Lii Hen valuation of higher PE and ROE

News & Blogs
News & Blogs
Stock

2019-04-23 09:05 | Report Abuse

Buy when others are fear..........Sell when others are greedy !

Stock

2019-04-16 13:27 | Report Abuse

It is one time off special dividend (total 10sen). Other cash will use for capex. U should know what to do then...

Stock

2019-04-16 09:22 | Report Abuse

buy on rumours...SELL on news !