Nhf is 1 of d companies with proven track record n remarkable cashflow. The company has its vision n still growing. MD targets double digit growth in fy 2017. Uptrend will continue
RM 4/- has achieved less than one month of my prediction. Please do not sell NHF or take profit at this juncture. Reason: a progressive and improved profitability along with increased dividend paid out will continue to enhance your holding for this counter in months to come.
D company has signed agreement to buy a land in indonesia to build a manufacturing plant catering for indonesian huge automotive market. I believe d company will grow further to achieve their 70% revenue fr export market
The stock is currently trading at an unwarranted discount of 21% to its book value of RM4.96/share as at end-FY16. Based on our EPS forecast of 39.1 sen for FY17, the stock is currently trading at a P/E of 10.1x against market P/E of 16x. The stock also provides a yield of 3.6% based on a total dividend of 14 sen for FY16. https://klse.i3investor.com/servlets/ptres/40125.jsp
Remarkable set of result. Double digit growth in both revenue n net profit. 1st quarter alone already generate rm 18 million operating cash flow. Very well managed company. Asean segment offers great potential of growth. NTA grows further to rm 5.05
NHF will be having AGM on 1/6/2017 at Sime Darby Convention Centre, Anyone interested to attend, please ask the Board as to whether there is a possibility of Bonus issue as NHF NTA has exceeded RM5/- and for decades, NHF never issue any rights, bonus shares to loyal shareholders.
My prediction for NHF to achieve RM4.50 before end of May 2017 was not achieved but it will very likely in June 2017 as the current market price is RM4.43 up 7 cents. Just wonder those who had attended AGM on 1st June, 2017, did they enquiry about bonus issue?
New Hoong Fatt Holdings Bhd (NHF) remains sanguine of achieving a double-digit growth in net profit and revenue this year, driven by its overseas businesses. The international contribution is expected to grow to 70.0% of the group's revenue by 2021, from 52.0% currently with the company currently exports to more than 50 countries. (The Star Online)
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....
bclim_83
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Posted by bclim_83 > 2017-04-03 10:10 | Report Abuse
Nhf is 1 of d companies with proven track record n remarkable cashflow. The company has its vision n still growing. MD targets double digit growth in fy 2017. Uptrend will continue