Posted by panicseller2 > 2020-12-19 11:12 | Report Abuse

Homeriz Liihen
8-Dec-20 4.0715 0.818 4.18
9-Dec-20 4.0705 0.864 4.14
10-Dec-20 4.0673 0.848 4.09
11-Dec-20 4.0545 0.824 4.09
14-Dec-20 4.05 0.725 3.95
15-Dec-20 4.0575 0.705 3.91
16-Dec-20 4.0495 0.715 3.99
17-Dec-20 4.0505 0.665 3.92
18-Dec-20 4.0375 0.665 3.93

Check Dollar Index, Break Below 90!!!

23/1/2018 Dollar Index Break Below 90, Homeriz downtrend from 0.65 to 0.55 within 2 weeks, it continue drop, after 2 months, it reach below 0.48

Will this time happen again? + High probability election next year

Posted by Andre Kua > 2020-12-19 14:15 | Report Abuse

I dont think USD movement will effect Homeritz profit by much.

Posted by papaxs > 2020-12-20 03:54 | Report Abuse

Irisoren : i bought 0.73. 10k units. I bought after that 1 green day

Posted by panicseller3 > 2020-12-20 12:57 | Report Abuse

From Homeriz Annual Report 2019:
Effects on profit after tax
USD/RM
- strengthened by 5% (2018: 5%) 493,678 637,366
- weakened by 5% (2018: 5%) (493,678) (637,366)
EUR/RM
- strengthened by 5% (2018: 5%) 1,262 1,785
- weakened by 5% (2018: 5%) (1,262) (1,785)

Check back early 2018(Nov/Dec 2017), Homeriz share price around 0.9x, although USD strengthen only 5%, but Homeriz share price drop from 0.9x to 0.6x, 50% drop

Posted by panicseller22 > 2020-12-20 13:10 | Report Abuse

Check back 2018, when QR 26 Apr 2018, during USD strengthen, profit Homeriz drop to EPS1.21, previously all above EPS2.
If you further check back, only QR 27 Oct 2016 is EPS below 2, which is 1.53, check again USD/MYR from June/2016 - Oct/2016
Even big shareholder Tee & Chua misjudge the currency issue, end up what happen for their Warrant A? Sell only 0.06-0.09, but FYI, A achieve 0.65 highest and stay 0.2X-0.4X quite a long time

Who still buy now good luck lol

Posted by gongkia > 2020-12-21 09:00 | Report Abuse

1. if u are only looking at stock price, u are not investing.
2. if stock price is low and u are not happy, u are not investing.

Posted by ZeaXG > 2020-12-21 09:38 | Report Abuse

Warrants still not in yet weh... how come so slow hah?

Posted by Andre Kua > 2020-12-21 12:57 | Report Abuse

WC listing tomorrow... think this week will have some movement.

Posted by panicseller2020End > 2020-12-21 16:34 | Report Abuse

Next week will be best time to buy this counter. Free gift for you. FYI, I held this counter since IPO and quantity of shareholding is within 30 largest shareholders. Who listen to my advice previously, eat lobster.
This is my final show up. Let meet again 2024. See Ya

Posted by ZeaXG > 2020-12-21 17:39 | Report Abuse

But your name is panicseller2020. macam suspicious je

Posted by winston1 > 2020-12-21 23:35 | Report Abuse

Most likely they announce QR early next month with a dividend to push up higher

Posted by tokohM > 2020-12-22 08:14 | Report Abuse

panicseller2020End , blow so big, top 30 shareholders also need to come to blow water at i3 , haha

Posted by valensi88 > 2020-12-22 09:38 | Report Abuse

Run run runn

Posted by DatukSeriLee > 2020-12-22 09:50 | Report Abuse

this counter is dead. run...

Posted by gongkia > 2020-12-22 12:29 | Report Abuse

don't run, sit and watch the chicken little.

Posted by SheonStar > 2020-12-22 13:00 | Report Abuse

At current price 0.625, PE @ 11. RSI < 30, SSTO < 10. Met my selection to buy in and hold. And walk slowly to see the show!

Posted by Tai Chek Kong > 2020-12-23 13:20 | Report Abuse

good luck ,probably waiting under 0.6 .....

Posted by papaxs > 2020-12-23 17:00 | Report Abuse

bit green today...usually i will topup..but i really dont know what is going on in this counter..any sifoo advices?

Posted by gator > 2020-12-23 17:07 | Report Abuse

I just topped up...

Posted by gongkia > 2020-12-23 20:06 | Report Abuse

i will hold, too many already

Posted by Ttttader > 2020-12-23 20:26 | Report Abuse

Still holding

Posted by Ttttader > 2020-12-23 20:27 | Report Abuse

These few days drop with decreasing volume, that means lesser and lesser people want to sell

Posted by Sky8020 > 2020-12-23 22:42 | Report Abuse

pohuat just declare nice QR.. next month homeritz sure will declare nice QR also..
now i think just retailers don knw bonus issue is what happen.. and panic sell it .. from the volume can know it...

Posted by remus > 2020-12-24 14:08 | Report Abuse

why WC shot up so much at 20% premium,
isn't it much cheaper to buy mother or WB?

Posted by Anisdesanika > 2020-12-24 14:12 | Report Abuse

Wc purely goreng only...

Posted by papaxs > 2020-12-24 15:47 | Report Abuse

ahhh i woke up late this morning. planned to top up at 0.655. ahh..thats y they say, early bebird gets the hole

Posted by gongkia > 2020-12-24 17:41 | Report Abuse

tmr drop back to 60c, then u need to change the bird.

Posted by pinnaclegrade > 2020-12-25 14:58 | Report Abuse

It should be an uptrend now

Posted by gwoching > 2020-12-27 19:16 | Report Abuse

@pinnaclegrade i think so, due to Liihen also going uptrend now. Let us see on Monday

Posted by papaxs > 2020-12-28 15:17 | Report Abuse

hmm..drop 1.5cent..maybe chance to topup avg down..lets see

Posted by mrcrab > 2020-12-28 21:56 | Report Abuse

when Homeritz QR?

Posted by alant812 > 2020-12-28 22:04 | Report Abuse

seems like some good news coming out later

Posted by alant812 > 2020-12-28 22:05 | Report Abuse

it should at 0.75and above if looking by the chart technically

Posted by SopanSatun > 2020-12-29 13:15 | Report Abuse

https://www.theedgemarkets.com/article/lii-hens-foreign-worker-dormitory-under-emco-until-jan-5-after-seven-staff-infected

Lii Hen's foreign worker dormitory under EMCO until Jan 5 after seven staff infected

KUALA LUMPUR (Dec 28): A foreign worker dormitory of Lii Hen Industries Bhd in Muar, Johor has been put under Enhanced Movement Control Order (EMCO) after seven of its employees tested positive for Covid-19.

The Johor-based furniture maker is the latest company with reported infections on the factory floor. Apart from the glove manufacturers, those which have detected positive cases recently include Panasonic Manufacturing Malaysia Bhd, Karex Bhd, and ATA IMS Bhd.

Lii Hen said the Ministry of Health (MoH) issued the order after its visit to the company's premises yesterday following the confirmation of positive Covid-19 cases. The EMCO on the specific foreign worker dormitory is in effect for 10 days starting from Dec 27, 2020 until Jan 5, 2021.

"Lii Hen will be seeking clarification from the relevant authorities on implementation of the EMCO," it said in a filing with Bursa Malaysia today.

By virtue of the EMCO, Lii Hen said it has taken an additional step to temporarily suspend its operations of the affected facility until Jan 5, 2021.

"All employees in the affected plant premises are currently placed under quarantine and isolation. As recommended and guided by MoH, we have on an even date conducted Covid-19 full screening of all the remaining workers at the specific foreign workers' dormitory in Bukit Pasir, Muar, Johor," Lii Hen added.

Lii Hen said the first Covid-19 positive case was an employee working for one of its subsidiaries — EF Furniture Sdn Bhd — which was reported on Dec 23 after said employee developed symptoms and underwent a screening test.

Following that, six new cases — foreign workers who were in close contact with the said employee — were further reported to be Covid-19 positive after undergoing screening tests on Dec 26 and 27, 2020.

Despite the suspension of the affected facility, Lii Hen said it will only have a minimal impact on the group's operations and financial performance for the financial year ending Dec 31, 2020.

Other unaffected production facilities in different locations are operating normally, it assured.

"Notwithstanding the above, Lii Hen's operations have adhered to, and will continue to adhere to, Covid-19 preventive SOPs (standard operating procedures) on a stringent basis. Disinfection exercises at all premises and accommodation are also conducted regularly, with all the necessary precautionary measures strictly in place," Lii Hen said.

"The group will embark on screening exercises for its migrant workers according to requirements announced by the government and will monitor the situation closely. Appropriate updates will be furnished in due course as the need arises," it added.

Shares of Lii Hen today fell nine sen to close at RM4.01 with a market capitalisation of RM721.8 million.

Posted by alant812 > 2020-12-29 23:49 | Report Abuse

homeriz this quarter will gain more then previous

Posted by NicholasTanSX > 2020-12-30 22:09 | Report Abuse

Hi everyone, I saw someone wrote a good article about Homeriz, sharing the link here... https://www.tradingview.com/chart/HOMERIZ/6mG8n1Mr-HAS-HOMERIZ-5160-BOTTOMED-RM-1-SOON/

Posted by NicholasTanSX > 2020-12-30 22:09 | Report Abuse

it is mainly about price action

Posted by Nathan27 > 2020-12-31 10:15 | Report Abuse

Conman style , withdraw buyer and throw down.. typical

Posted by Andre Kua > 2021-01-04 13:23 | Report Abuse

5pm will announce Q1... if 3-4cents, then can fly..

Posted by BumiInvest20 > 2021-01-05 14:34 | Report Abuse

Those who bought right before bonus issues and free warrants currently down by 15-20%

Posted by Ttttader > 2021-01-05 14:41 | Report Abuse

Why bonus issue will make it drop like this ?

Posted by mengxin > 2021-01-05 17:21 | Report Abuse

All furniture stocks drop, POHUAT even drop more percentage than HOMERIZ with super good QR announced last month. There are 2 issues, first is lockdown in Muar area, most furniture factory affected. Second is USD/MYR drop to 4.0. Before bonus issue, the dealer has caught a lot of novices and it is estimated that they will stay at this price within a year

Posted by mrcrab > 2021-01-05 17:28 | Report Abuse

When Homeriz QR?

Posted by valensi88 > 2021-01-06 09:15 | Report Abuse

Should be this week i think

Posted by jesiswong > 2021-01-07 20:35 | Report Abuse

Not +289, but +792, more than 700 are from Sungai Raya, where LIIHEN & POHUAT located. Good news is, there have been no reported case of COVID-19 within a 1km radius from HOMERIZ factory. Bad News is, it still will cause price of furniture sector down trend. Most likely MCO will be implemented on Muar as well

Posted by gongkia > 2021-01-08 09:56 | Report Abuse

the faster the workers get infected the better for business, the sad reality.

Posted by Sneakpeek > 2021-01-08 16:34 | Report Abuse

if MCO in muar then 50c is coming soon

Posted by jesiswong > 2021-01-08 17:02 | Report Abuse

No, is 40c

Posted by John1234 > 2021-01-12 19:54 | Report Abuse

While most would expect furniture counters to fall today due to MCO and emergency declaration, but the fact is that all these counters are up today.

Reasons: Furniture sector is considered essential businesses and ringgit has weakened against US$.

https://www.theedgemarkets.com/article/here-mitis-list-essential-busin...
https://www.theedgemarkets.com/article/ringgit-opens-lower-against-us-...

Posted by John1234 > 2021-01-13 07:50 | Report Abuse

Ringgit weakness could stay for a while longer....
https://www.theedgemarkets.com/article/ringgit-slips-4055-vs-us-dollar-following-mco-20-state-emergency