Derrick Gan

howgan | Joined since 2012-09-26

Investing Experience Intermediate
Risk Profile Moderate

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Stock

2021-02-23 16:09 | Report Abuse

EPS 2.55 cents only - PE 23 , it will be very high under furniture industries, Everyone be careful, don't chase high.

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2021-02-23 08:29 | Report Abuse

As I know, Bursa will annouce -Fund Rising xxxxx... when completed.

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2021-02-22 13:41 | Report Abuse

My 2 cents, Buy after PP ,PP maybe complete by Mar'21.

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2021-02-22 08:31 | Report Abuse

@stockp1cher, agreed, too many ppl lazy to study and looking for tips and suka chase high.
If ppl invest in this counter 8 months before , now it had been growth more than 100%.

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2021-02-22 08:27 | Report Abuse

@zen_2k, this is calculation I invested in this counter. Meanwhile, I am in this industry and i know current trend.
If eye for short term, current price was quite boring.
If eye for longer terms(what i mean with 1year), it had room to growth

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2021-02-19 18:01 | Report Abuse

FYI, i sell on 1.57 to 1.64, and bought back at 1.69 , and hold until now. And wait... , see how far can go.

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2021-02-19 15:42 | Report Abuse

Flying Fox, agreed but on short terms only. FYI , most of furniture industries order able to get full capacity order for whole year 2021. therefore ,if their capacity can be same as last qtr(EPS = 0.09). Whole 4 qtr EPS should be around 0.06 to 0.09. Total 4 qtr can be 0.22 - 0.28 , PE will be very low, therefore in long run maybe can hit 2.00 to 2.20.

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2021-02-19 15:09 | Report Abuse

@Flying fox, FYI , for most of furniture manufacturer , shipment cost was borne by buyer not seller. Therefore, shipment cost will not affect. From there report, higher material cost and labour cost affect their profit, YoY revenue drop was due to shipment unable to ship out due to container shortage.
Anyway, market had react on both share price on Liihen and Pohuat.

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2021-02-19 14:08 | Report Abuse

Although a good result, due to Proposed Private Placement at 0.71 and 0.73 acquisition on Lexis. Short terms price may fall around those price and a bit difficult break out 0.85.
From bursa history, if private placement, share price will push down around private placement price.

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2021-02-19 11:17 | Report Abuse

LiiHen result out 18/Feb/2021, Revenue up but net profit down due to shipment issue and weak USD, Meanwhile ,cash flow for Liihen make market worry. But Cash in hand issue will not happen on Poh Huat because Poh huat a lot of cash in hand if compare with liihen.

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2021-02-19 11:02 | Report Abuse

Liihen Qtr result below market expectation, and liihen share price drop, market forcast Pohuat may encounter same issue when result release next month. Therefore both share price drop. My 2 cent.

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2021-02-17 15:41 | Report Abuse

fibonacci extension - breakout 1.78 and forward to 1.88 and next to 2.01 with possible good result announce on Mar'21.

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2021-02-09 09:18 | Report Abuse

@Dongbei, thumb up for you, you bought lagi low price, i bought at 0.86 + 0.94 + 1.06 + 1.50 + 1.69

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2021-02-08 10:52 | Report Abuse

Accordingly to their turnover, directors's dividend declared more than 6m on 2019 before listed maybe give not very good impression for investor.

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2021-02-04 20:27 | Report Abuse

double bottom or w trend appear,high possibility break 1.73 on next few days.

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2021-02-04 17:54 | Report Abuse

Mobilia is wooden base, profit better then panel base.
Their market cap after listed = 92m only. Their turnover should around RM50m to RM60m per year.
Their sales should compare with Spring Art and spring art market cap was 192m.
But during this period , new IPO should able get a bit angpao profit but don't expect for 20% to 30% gain.

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2021-02-04 11:10 | Report Abuse

If Price should able sustain above 1.68. Next target will forward to 1.76 to 1.88

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2021-02-03 09:11 | Report Abuse

Yes, IB buy in , more than 300K on single transaction.

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2021-02-02 08:55 | Report Abuse

A lot of call warrant due on Feb, I think Investment bank will try to push down their price in order toreduce their loss, retailer should make their afford to push up actual value of this counter.

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2021-01-27 10:02 | Report Abuse

@Bullrun1985 seem keep buying a lot of Poh Huat. 6 month later will be huat.

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2021-01-26 13:09 | Report Abuse

Today seem ok!, maybe not many short term retailer in this counter. Now market had been used to it, kena covid, price remain strong, such like Skpres, Pecca.
Pecca kena twice and after that give 1 treasury share for every 16 existing ordinary shares. Pecca price was 1.45-1.50 up until today 1.83.
Therefore hope Poh huat can offer special dividend after that. Haha...
For me, i hold , my portfolio still remain profit.

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2021-01-25 18:47 | Report Abuse

Bursa will announce. Others company share price remain steady after announcement. Poh Huat should be the same.

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2021-01-25 17:53 | Report Abuse

FYI,please wait for announcement!

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2021-01-21 15:09 | Report Abuse

Current in upward, From Nov's Fibonacci extension , possible looking for 2.03 if able to breakout 1.88 again.

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2021-01-20 10:29 | Report Abuse

Breakout and keep continue breakout, Sui

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2021-01-16 08:13 | Report Abuse

172 case, 112 from Spring Art. Another number should be from same area but i can't any others number information.
http://johor.chinapress.com.my/?p=855033
i think not many retailer, therefore Spring Art share price still stable.

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2021-01-14 10:01 | Report Abuse

I had been bought again on 1.6x yesterday in order to get extra free shares. I had been bought this counter since last year Aug.
Net cash company , price moving a bit slow and need patience.

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2021-01-14 08:36 | Report Abuse

1.70 Breakout!resistance break, price may continue upward.
For Technical Analyst,MACD golden cross,Bollinger band open mouth.
Seem everyone holding this share making profit. Price target let market decide.

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2021-01-13 14:11 | Report Abuse

FYI, I am not an expert as well.
From my understanding Company do a lot of share buy back before and consider as Treasury share and now company willing give free shares instead of dividend to share holder with 16 share free 1 treasury share. 1600 normal share to 100 treasury share
Any expert please correct me if i am wrong.

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2021-01-13 09:50 | Report Abuse

Please hold at 1.62, next target will looking for 1.72 again

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2021-01-13 09:43 | Report Abuse

Come close to MACD golden cross and MA20 2.68, breakout this point may forward to 2.76 and 2.96

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2021-01-13 07:39 | Report Abuse

@Cherry88, maybe three digit ,unable disclosed.

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2021-01-12 11:50 | Report Abuse

@Cherry88 , Yes.
@bullrun1985, brave move.

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2021-01-11 17:51 | Report Abuse

Yes, Two days hammer, strong rebound signal ? Let wait and see whether Technical Analyst theory whether is correct or not?

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2021-01-11 17:41 | Report Abuse

I am in Muar, working place P&C.
Meanwhile, another listed company at Jorak -SPXXXXXXX, please wait for their announcement.

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2021-01-10 22:05 | Report Abuse

Is Sungai Raya, Sungai Raya=Bukit Pasir=Jorak ,Jorak to Bandar Muar is 5km. Muar to Sri Meranti around 30km.Bandar Muar to Bakri 1km. All those area under Muar District. Our daily life still as normal. Still a lot of car. Food court still a lot people.

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2021-01-10 15:27 | Report Abuse

FYI,MPM and industrial area 's strict foreign worker hanging around.
Most of company had done their own covid rpt test immediately. I foresee those cluster should able to resolve within this two weeks.
If Sunday industrial area no additional case. Next time should be quite safe.
Cheers.

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2021-01-10 12:10 | Report Abuse

@Bullrun1985 ,Jorak cluster = Bukit Pasir cluster , And those number could be from LiiHen.

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2021-01-08 10:50 | Report Abuse

Yes,700++ was from Jorak cluster and i guest was from LiiHen.
Today seem should able move upward. Director ,please push your share price.

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2021-01-08 09:56 | Report Abuse

their factorys at jorak and side by side, sebelah sahaja, haha...

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2021-01-06 15:43 | Report Abuse

Good move, I think there had a lot of cash and do buy back for undervalue's share price and stable their share price.

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2021-01-06 10:49 | Report Abuse

For me, no action and hold,Overall my portfolio still ok(I invest and diversify with others counter as well) , from short term, price had been broke MA20,MA50 and lucky able hold on MA200,my advise hold wait wait for break MA20,current MA20 is 1.72.
For me , next 6 months i still look good for me. I hope i am right.
Invest at your own risk.

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2021-01-05 19:32 | Report Abuse

Cannot understand why last hour drop.

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2021-01-05 11:38 | Report Abuse

From Newspaper , seem serious but actually not really serious, most of number was from foreigne worker hostel and MPM had been banned all foreigne worker out from their hostel as temporary countermeasure.

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2021-01-04 21:51 | Report Abuse

Muar, as previous stated, same Industries as poh huat. Company, P

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2021-01-04 18:01 | Report Abuse

For political view, under first year Biden , he will focus on their covid pandemic , unemployment under US and stop unfriendly against China and others country.
Therefore , tariff threat will not happen during his first year.
Meanwhile, if really happen, is not easy for US buyer switch their order to others country , it may take around a year if buyer looking for new supplier. Short term threat is weak USD cause revenue drop.

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2021-01-04 17:11 | Report Abuse

Disappointed peformance if you are short term trader for today.

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2021-01-04 16:39 | Report Abuse

I crab again on 1.62 , for me i don't bother on Vietnam’s furniture on US tariff threat, maybe most of retailer panic or confuse on Covid-19 case happened at jorak, mix between LiiHen and Poh huat.
I refer to tradingview, most retailer selling not banker.

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2021-01-04 09:58 | Report Abuse

I buy again at 1.69