Every time this counter price up, here will hot a bit and more discussion, then after 2 days, price fall back, this loop happen for more than 4 years already
@ Wendysee3327.. May be many are long term holder in here , so when price up , will drop by to check out if missing out any news. When price down , no need to waste time here , no need to promote like many of those pennies counter. Drops mean buy quietly..
https://www.facebook.com/183843371625918/posts/3388184337858456/ nah sudah tau perabot dan board akan sampai tiba masanya~ 1. usd/rm kuat (level seperti 2015-2017) 2. usa-china trade war (china kilang perabot dan board bankrupt habis) 3. china dan banyak tempat banjir gila (dahsyat, kena bikin dan beli semula) 4. undervalue dan belum goreng (pe paling murah di bursa)
Yup. Cause the qr covering march to may... almost 50% of the days gone cause MCO. Means half of its business gone. Thats why u can see its revenue dropped 50%. Im satisfy with the qr
We expect the full impact of Covid-19 to be felt solely in 3Q19. From June onwards, we understand sales volumes have returned to pre-Covid-19 levels of 200+ containers per month. Going forward, US-China trade war will continue to result in US retailers and wholesalers increasing orders from countries outside of China. We expect Homeritz continue to benefit from this trend, as we note that sales to the US has increased from 4.5% of total FY19 sales to >12% currently. In terms of raw materials, Homeritz have guided that its supply chain has been relatively stable. Homeritz also mentioned it has been able to procure leather from India at a cheaper price.
PublicInvest Research has started coverage of the furniture sector, including Poh Huat, Homeritz and Wegmans, which would be a proxy to stronger US consumption.
For Homeritz, it has target price of 93 sen as it is one of the leading upholstered home furniture manufacturer in Malaysia, focusing on dining chairs, sofas and bed frames.
usa is sizable country with broad domestic market, some sectors boom while other dont. Those hospitality business take a beating, while essential products, housing, technological product etc booming.
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....
Invest123
1,634 posts
Posted by Invest123 > 2020-06-24 10:25 | Report Abuse
..from latest qtr report on 27 may 2020.