@bullrun1985, FYI - panel board furniture industry buy their panel board normally in USD , therefore weak USD had minor impact on their profit if compare with wooden based furntiure industries.

China vaccine approved bring positive news to logistic counter

@ChoCho, refer to superbullklse above youtube link, their had been mention potential of this counter, and extractly hit their forecast by today.

I saw most of share price shot up after superbullklse share their comment on youtube.(E.g. - GenM, Maybank, CIMB,Inari and yesterday's UWC and D&O.
Meanwhile, their had different view why Glove company share will drop during Nov and Dec'20
I view their youtube as well, from my point of view, short , clear ,logic and professional analysis.

Accordingly to Bollinger Band Technical Analysis , Tnlogic rebound from 22 Dec bottom and encounter resistance at Bollinger band centre line, once break out 0.920 , possible challenge 1.00.

Top-up at 1.72 again on yesterday.

From Technical Analyst , 1.65 breakout and Bollinger band hit upper line , short terms may challenge 1.75 as per investment bank forecast.

Extend!!! https://paultan.org/2020/12/29/government-malaysia-extends-sst-exemption-period-to-june-30-2021/

What happened ? suddenly shot out !!, extend 0% SST ?

For theory, bad news happened, share price did not drop too much with low volume, mean - Banker power more than retailer.

Yes, I had bought some on CSXX and ANXXX at reasonable price on last Friday and had been disposed this morning and get some profit.

Today drop was due to something happened , please wait for company annoucement.

when my estimate EPS over 10. I will disposed some and still hold some shares. Therefore there are not fix price because EPS for next qtr I think will increase.
For example. Liihen price 4.7 , a lot of ppl sell, and around 3.7 ,ppl start buying because PE was low and ppl think is undervalued.

Yes. Same category as Poh Huat. Therefore almost know next 6 month trend. Just shared what I know.
Due increase on raw material. Recently some furniture manufacturer start increase their ASP.

@Zen_2k, No. Situation was not serious as stated on newspaper.
We had to change working method to overcome container shortage.Existing most of furniture lead time is 120days-150days. Advise customer booking earlier,planning and ship out accordingly.
Homeriz will release their report on Jan'21 and LiiHen release their report on Feb'21. Later you may know what is actual outcome.

I had crab, at 1.2,1.4,1.75 along from Aug until Dec to diversify risk. Agreed with keyman 188. 1.72 had strong resistance. I think price between 1.7:to 1.8 is good entry price. below 1.7 maybe a bit difficult unless big incident happen. If you able to accept estimate return below 20% on next 6 month. Below 1.90 still is your entry price. if you wish invest , remember to diverisfy.
For everyone info, furniture industries ,Nov and Dec shipment still good and hot.

EPS for this qtr was = 9.2 sen, next first qtr maybe can reach around 9 sen again, and second qtr around 5-7 sen(due to chinese new year). average total 4 qtr EPS maybe at 28 sen-30sen , normally this counter PE was around 8 to 10.Next if management willing give there higher dividend payout % . Therefore estimate price may reach RM2.2 ro RM 2.4 half year later. There are around 25-30% (include dividend) of growth based on existing price .This is my view of this counter and i will still continue top-up when price is right.

Compare with Lii Hen, I think investment bank forecast LiiHen next 2 qtr EPS should be around 48 sen to 50 sen, Therefore when price drop to RM3.7, IB or some smart investor think PE is low. Therefore we saw Liihen able to up 30 sen within 3 days. (from RM3.7 to RM4.10) . And Liihen should able to reach RM4.80 to RM 5.00 based on same theory

Above all my personal view based on data , it able to prove my theory whether is right in 3 to 4 month later.

From Aug until today plus dividend , return was around 55%. Although slow but steady . Hope next 2 qtr can reach 80% to 90% return. haha...

From Trading View Technical Analysis , today selling trend was short term trader not banker,MACD Golden trend did not crossover yet. Bollinger band did not hit upper line, therefore short term trend unknown as i read from technical data. I had been invested on this counter since Aug'20 base on their fundamental base plus technical analysis trend. In short term maybe would not up too fast. But next 2 qtr should still will be good and EPS increase and price will increase accordingly. Therefore , don't expect share price will shot like rocket.

Warrant conversion will increase on share capital and it had been stated on their qtr report, therefore you see Share capital had been increase on balance sheet. Cash in hand increase because low bank borrowings and liabilities. Therefore they should or they will increase their dividend paid out in next qtr.

poh huat cash in hand keep increasing.

Pow_Kor, please refer to their Q4 unaudit report B9 page 7 , Proposal a final dividend of 2 sen , And each qtr normally was 2 sen, therefore i don't get it. Correct me if i make mistake.

Result was within my expectation and dividend was 2 cents again. Next depend how market react on their result.

Resort closed , not casino closed, minor impact.

Anyhow , Shipment fee would not impact on this industries's profit.

Normally container and shipment fee bear by customer

Aug to Oct increase around 30%, Nov shipment although encounter difficult get shipment but still able ship out on time.

I am in this same industries, order still hot. Coming qtr report should be good.

Today third time challenge 1.65 for breakout.

Australianpharmacist , forum is for us to exchange our opnion but not show off.

Investor Bank , News, Company Annoucement + Technical Trend possbile will push share price breakout RM1.65

Announcement. Official FDA Certificate approved.

W trend with volume seem trend confirm. tomorrow will chanllege 1.65 again.

W trend appear , it move forward RM1.64 pressure again, , once breakout , it will move to RM1.75

FYI, Export Furniture Sales in Malaysia still at uptrend.

Each time Poh Huat MACD hit golden cross will bullish for 2 ,3 days.

A lot of furniture industries current US order delivery date >120 days. Good result will sustain up next 2 quarter.

order received and visibility shipment on Feb 2021. Will be better result in next quarter.

If you refer to others Automative sector reports, this QR should be red, next QR will be green, but shares price maybe did not see any big impact. May be market had been exptected what will be happended. E.g. DRBHICOM, QR red, but shares price green.

Downtrend toward 2.00 and 1.90 should be resistant point.

until year end 2020, furntiure business in uptrend, EPS should able increase for next 2 qtr , Public Invest give good guideline for investor.

downtrend Sell momentum still strong , resistant at RM0.80

Base on MACD strong buy momentum and Bollinger Band upperline uptrend , if today can breakout on RM1.24, next resistatant will be RM1.37

Fail to uptrend, resistant point at RM2.18

Base on Bollinger Band and MACD, still at uptrend regardless DJI down, short term seem forward to RM1.10

rr88 sifu , a lot of i need to learn from you, what is know now based on BB trend. Thank you for you info. TQ

Bollinger band had been hit upper line with high volume and open big mouth indicate buy momentum increase. Possible with breakout RM1.00 by this week.

MACD at golden cross point and RSI indicated buy momentum still strong seem start wave no. 3 from RM2.29.

Price seem slow will break RM1.80

Refer from Technical Analysis, Morning buy momentum start strong again, should able break RM2.30 and forward to RM2.40, MACD short cross long again. If break Bollinger Band RM2.44. Price will start breakout again.