Posted by MK76 > 2019-10-23 08:06 | Report Abuse

Liiminvest, you very confident with Homeriz even after two days pump down?

Posted by MK76 > 2019-10-23 09:13 | Report Abuse

See see whether wb can get offer at 20 sencents and below

Posted by LiimInvest > 2019-10-23 12:46 | Report Abuse

MK76 Yup

Posted by MK76 > 2019-10-24 08:16 | Report Abuse

Getting closer to QR. Countdown.

Posted by MK76 > 2019-10-24 10:04 | Report Abuse

Any guess on it's profit? Will be superb if it can aachieve 8 million.

Posted by LiimInvest > 2019-10-25 00:18 | Report Abuse

MK76 We hope haha

Posted by loonginv > 2019-10-25 13:38 | Report Abuse

for sure this year is better than previous, comparable 2014/2015, during that time price close to 0.8, let see. huat arr !!

Posted by MK76 > 2019-10-25 14:49 | Report Abuse

Moving today. Good sign for its qr

Posted by money_lai > 2019-10-25 15:39 | Report Abuse

hold tight boissss

Posted by hng33 > 2019-10-25 15:46 | Report Abuse

bought homeritz-WB at 22sen

Posted by BeginnerLearner > 2019-10-25 16:48 | Report Abuse

What is the TP, can someone advise?

Posted by Christiano88 > 2019-10-25 17:06 | Report Abuse

Tp 0.80+

Posted by LiimInvest > 2019-10-25 17:15 | Report Abuse

TP over 0.75 before QR release next week

Posted by paperplane > 2019-10-25 17:15 | Report Abuse

wahaha, furniture running ya

Posted by BeginnerLearner > 2019-10-25 18:54 | Report Abuse

Thanks folks for the advice

Posted by loonginv > 2019-10-25 19:21 | Report Abuse

hehe, liiminvest, agree with you. vroooommm!!!!!

Posted by MK76 > 2019-10-25 23:02 | Report Abuse

Coming qr and next qr should be good. Fly slowly

Posted by LiimInvest > 2019-10-26 11:38 | Report Abuse

together huat huat

Posted by MK76 > 2019-10-26 15:59 | Report Abuse

Confirmed huat? Hehe. Few times up down. Kecut ooh.

Posted by hng33 > 2019-10-26 18:53 | Report Abuse

The US first slapped a 10% tariff on furniture imports from China in September last year. The tariff has been raised to 25% since June 2019 and will be further increased to 30% from December. As furniture exports from Malaysia are spared the tariff, this translates to a tremendous price advantage for Malaysian furniture. Home grown furniture maker, homeriz has manage to sign on 8 new US customers so far in 2019. Malaysia furniture exports is expected to grow by 6.1% to US$2.7bil (RM11.3bil) in 2019, accelerating from a 3.1% growth rate registered in 2018.

Posted by ihelpyouUhelpme > 2019-10-26 22:01 | Report Abuse

hng33, may i know where you managed to korek the info "8 new US customers"? Simply on google?

Posted by loonginv > 2019-10-26 22:04 | Report Abuse

今年家具出口料增6.1%.
另一边厢，家丽资机构（HOMERIZ,5160,主板消费产品服务组）向来对美国市场较为陌生，惟该公司于今年为止签下了8个新的美国市场客户，使它有意在未来3至5年进行扩张计划，实质进展则胥视客户需求而定。
该行预期大马2019年的家具出口增长，将达6.1%至27亿美元（约113亿令吉），比2018年成长3.1%高。在越南市场方面，预料其2019年出口到美国家具产品将增长20%至120亿美元，延续2018年增长16%的增长动力。

copy from sinchew

Posted by ihelpyouUhelpme > 2019-10-26 22:16 | Report Abuse

thanks!

Posted by loonginv > 2019-10-26 23:12 | Report Abuse

you are welcome

Posted by MK76 > 2019-10-27 09:38 | Report Abuse

Huat together gether. Hehe

Posted by coolio > 2019-10-27 20:18 | Report Abuse

One white soldier.. Bullish momentum ahead!!

Posted by BeginnerLearner > 2019-10-28 07:47 | Report Abuse

The quarterly earnings results is expected to be released this week. Hopeful of an excellent one and push the price significantly upwards, I'm with all of Homeriz believers here.

Posted by Max2838 > 2019-10-28 15:02 | Report Abuse

KYY golden rule 2:- Never buy down trend because you don’t know when the price will go higher than your cost for you to sell to make profit. Always buy up trend because you know the price will continue to go higher and you can sell to make money.

Posted by MK76 > 2019-10-29 09:23 | Report Abuse

Thx max for the tips. Nice blog you have there.

Posted by wsk20 > 2019-10-29 15:18 | Report Abuse

Entered back into HOMERIZ-WB at RM 0.22, WB premium as compared to mother share is now around its all time low of 6-7%.

Logic of trade:
1) Homeritz WB premium (7%) is at much lower discount with over 2 years to maturity over Homeritz WA premium (32%) with less than 1 year to maturity. This is illogical.
2) Homeritz WB premium hovering its all time low, indicating safe entry. Average premium over its lifespan so far is 15%
3) Homeritz mother share technically looking pretty, broke out of 2 year trendline resistance with good volume
4) Homeritz mother share fundamentally sound. 0 debt, cash rich, one of the lowest valuation vs its peers in PE-ex cash term and USDMYR in 3rd Q higher than 1H 2019 indicating potentially better Q3 performance
5) Spring Art upcoming IPO brings back interest into the furniture sector, making people look & realise Homeritz undervaluation vs its peers.

source: https://www.facebook.com/1997932356957345/posts/2496549493762293?sfns=mo

Posted by wsk20 > 2019-10-29 15:19 | Report Abuse

QR coming next 1-3 days.

Posted by hng33 > 2019-10-29 16:09 | Report Abuse

sold back Homeritz-WB at 24sen

Posted by wsk20 > 2019-10-29 16:11 | Report Abuse

chart of WB premium over its life span is in the link

Posted by wsk20 > 2019-10-29 16:11 | Report Abuse

mother and son on the move! Previously when Homeriz at 0.73, WB was close to RM 0.30

Posted by hng33 > 2019-10-29 16:21 | Report Abuse

bought Homeritz at 73sen

Posted by hng33 > 2019-10-29 16:22 | Report Abuse

Expect Homeritz to declare dividend, but warrant is no entitle

Posted by iceberg > 2019-10-29 16:42 | Report Abuse

Mother share flying, but WB is being held back by short term profit takers. Once cleared, WB should fly, and premium should return

Posted by wsk20 > 2019-10-29 16:49 | Report Abuse

WB at 24c, mother at 74c... premium 5%, not logical. Seen it and called it before when WB listed, takes time for market to digest but it will be efficient in d end.

Posted by hng33 > 2019-10-29 16:59 | Report Abuse

Pohhuat and Pohuat-WB trading at discount despite still have 1 year validity. Homeritz-WB although is newly listed, but it have only 3 year validity.

Compared to Pohhuat, Homeritz even have higher dividend yield, therefore, lower premium on WB is fair to compensate for absent of entitlement on dividend

Posted by iceberg > 2019-10-29 17:00 | Report Abuse

@wsk20 Agreed. Based on the previous high of 0.3, when mother was 0.73 - let's just be conservative and split the difference, and say WB only has halfway to go - that is 0.27. Add in expectation of better results - should have more room to run over next few days until QR is out.Good luck to all holders.

Posted by paperplane > 2019-10-29 17:13 | Report Abuse

wah

Posted by wsk20 > 2019-10-29 17:13 | Report Abuse

hng33 i get ur point on dividend, but i believe Homeriz - WA at its lowest, have around 20% premium in its lifetime! WB 5% now is just way too low!

I also like Pohuat, and just like Homeriz I think they're under appreciated by the market. But Homeriz has 0 debt and double digit profit margin. If u take EX-CASH PE ratio, Homeriz valuation is also very similar to Pohuat.

Only worry about Homeriz is that its revenue growth is shrinking but according to the discussion in the link above, I heard they recently secured new orders from the US.

Posted by wsk20 > 2019-10-29 17:17 | Report Abuse

iceberg, last time i entered WB at 0.138, took profit around 0.28. Can see image proof in my profile in stock bit haha

This one abit more risky cos no one knows what will happen in the upcoming QR, but so far we know that owner n wife sold off their warrant to buy little bit of mother share, and usdmyr this jun-sept 2019 is stronger than last year usdmyr jun-sept, so lets pray for the best.

Posted by LiimInvest > 2019-10-29 17:23 | Report Abuse

good price today

Posted by coolio > 2019-10-29 17:41 | Report Abuse

Nice force index, more people getting into Homeriz..Bullish trend will continue ahead

Posted by hng33 > 2019-10-29 17:57 | Report Abuse

lower than expected result.

Posted by hng33 > 2019-10-29 17:59 | Report Abuse

EPS 1.49sen, dividend 1sen

Posted by Alex Lim > 2019-10-29 18:03 | Report Abuse

Tomorrow koyak?

Posted by ramada > 2019-10-29 18:05 | Report Abuse

Revenue and PAT are the lowest among this four quarters.

Posted by skyea > 2019-10-29 18:13 | Report Abuse

Gg..gap down...warrant nobody want