Posted by calvintaneng > Dec 22, 2016 09:45 PM | Report Abuse X
The last hurrah for Pohuat (Power Huat!)
Calvin's called to buy at Rm1.25. Up Rm3.80 & split
Calvin's 200% growth stock!
Now let Calvin tell all to Cash out Pohuat into strength.
This is the statement from Pohuat latest Qtr
On the back of healthy fundamentals, the demand for the Group’s products, particularly from the North American market, is expected to remain for the next financial year. The Group is however mindful that the global environment continues to be volatile due to the prolonged economic downturn in Europe and low commodity prices. The Trump victory in the recent US election has also added elements of policy and regulatory uncertainties.
Notice the phrase:
"The Trump victory in the recent US election has also added elements of policy and regulatory uncertainties."
In other words, Trump taxing Pohuat furniture imports into the US might create uncertainties of future profits.
So now all fellow i3 forumers must take this opportunity to sell Pohuat into strength!
Noby....investment properties are those property for investment purposes, mainly collecting rental. These properties are not for own factory use. So, unlikely they will sell off. Investment properties always value at market value or its cost (depends on their own accounting policy)
In short, China is angry, and may get its wish to retaliate soon, because as CNN reports (take it with a "real fake news" grain of salt) Trump's transition team is discussing a proposal to impose tariffs as high as 10% on imports. A senior Trump transition official said Thursday the team is mulling up to a 10% tariff aimed at spurring US manufacturing, which could be implemented via executive action or as part of a sweeping tax reform package they would push through Congress.
According to CNN, Reince Priebus floated a 5% tariff on imports in meetings with key Washington players last week. But the senior transition official who spoke to CNN Thursday on the condition of anonymity said the higher figure is now in play.
betul tu...malaysia tak ada dalam senarai radar donald trump...trump cuma cakap nak naikkan tarif disebabkan oleh china...."china only"... jangan nak kaitkan malaysia... donald duck belum jadi presiden... masih lagi presiden-elect sehingga 20 jan, 2017...
Put simply, the proposal would tax US imports at the corporate income tax rate, while exempting income earned from exports from any taxation. The reform would closely mirror tax border adjustments in economies with consumption-based VAT tax systems. If enacted, the plan will likely be extremely bullish for the US dollar. What’s more, it would have a transformational impact on the US trade relationship with the rest of the world.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....