Posted by Lukesharewalker > 2022-10-17 16:08 | Report Abuse

POV noted.
The high interest rates environment is only for the short term until inflation is under control Envisioned to taper in 2H 2023.
Demand would still be there as the economy is doing well. It would be substantiated by lower prices due to the exchange. Shortfall will be negated by exchange rate.
Trading at pe 4 the margin of safety is ample

Posted by Lukesharewalker > 2022-10-17 16:12 | Report Abuse

https://markets.businessinsider.com/news/stocks/paul-krugman-monetary-policy-federal-reserve-inflation-interest-rates-hikes-2022-10

Posted by bullrun1985 > 2022-10-17 16:19 | Report Abuse

I bot pohuat at 1.32 today, luke pls show your support. dont talk only

Posted by Lukesharewalker > 2022-10-17 16:20 | Report Abuse

Plus point dividends yield at current price is 4.5% @ 6 cents

Posted by chienweilim8139 > 2022-10-17 16:24 | Report Abuse

my price is 1.48, should i hold ?

Posted by chienweilim8139 > 2022-10-17 16:27 | Report Abuse

still receiving dvident

Posted by Lukesharewalker > 2022-10-17 16:30 | Report Abuse

It's a personal choice but sentiments might shift if it hits 5.00 which is probable due to uncertainty of elections

Posted by observatory > 2022-10-17 16:33 | Report Abuse

According to the article, "Paul Krugman has warned the Federal Reserve is at risk of going too far in fighting inflation, causing unnecessary economic damage."

In other words, there is a real danger that in the attempt to regain its inflation fighting credential, the Fed may have gone too far and trigger a deep recession. The Fed would then have to switch back to rock bottom interest rate in order to resuscitate the damaged economy.

I'm not saying this scenario will definitely happen (no one is sure about the future, including the Fed). However based on past experience, when the Treasury 10 year - 2 year bond yield is inverted for a substantial duration, the economy would enter recession in the next few quarters. The yield curve has stayed inverted since Jun.
https://fred.stlouisfed.org/series/T10Y2Y

Posted by observatory > 2022-10-17 16:41 | Report Abuse

I'm not saying Poh Huat is doomed. Its share price has corrected due to the the darkened outlook. However my view is anyone who hold the stock should have a long term outlook and be prepared to ride though volatility. Exchange rate gain and current high dividend yield (which is based on historical earning anyway) may not be sufficient reasons to own the stock.

Posted by Lukesharewalker > 2022-10-17 16:53 | Report Abuse

Traditionally 4th quarter is the best season for demand, let's see in December weather it shrinks...

Posted by bullrun1985 > 2022-10-17 17:01 | Report Abuse

hope for dividend 2c but lose 1c again today, sad

Posted by Lukesharewalker > 2022-10-18 15:02 | Report Abuse

DJ futures is green. A reversal of price might be on the cards

Posted by bullrun1985 > 2022-10-18 15:10 | Report Abuse

Luke, dont speculate the index, later tomorrow index red in colour, then all stucked

Posted by Lukesharewalker > 2022-10-19 10:31 | Report Abuse

If I was the major shareholder and this company can provide eps of 30 cents in 2022, I would take it private

Posted by Lukesharewalker > 2022-10-20 10:15 | Report Abuse

Trend is every 2 days exchange falls 1 cent. Today is 4.73

Posted by Lukesharewalker > 2022-10-21 09:21 | Report Abuse

Dropping like a rock. Exchange is 4.74 today

Posted by Lukesharewalker > 2022-10-21 09:37 | Report Abuse

UOBKH Retail Market Monitor
21 October 2022

FBMKLCI: 1,437.72 (+22.62)
Support: 1,390, 1,365
Resistance: 1,450, 1,470

Bursa Top Gainers:
IOICORP (+4.4%), DIGI (+3.6%), MAXIS (+3.6%)

Bursa Top Losers:
SIME (-0.45%), IHH (-0.16%)

Bursa Trade Statistics
Local Institutions (38.69%): +RM121.0m
Local Retail (17.04%): -RM37.0m
Foreign (44.27%): -RM-84.0m

Global Equity Indexes
MSCI Asia : 136.79 (-0.60, -0.44%)
NASDAQ : 10,614.84 (-65.67, -0.61%)
S&P500 : 3,665.78 (-29.38, -0.80%)
DJIA : 30,333.59 (-90.22, -0.30%)

USD/MYR : 4.7295 (+0.0053)
SGD/MYR : 3.3178 (+0.0030)

Crude Oil : $85.98 (+0.00)
Gold : $1,626.58 (+0.15)

US stocks were lower after the close on Thursday, as losses in the Consumer Goods, Utilities and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.30%, while the S&P 500 index declined 0.80%, and the NASDAQ Composite index lost 0.61%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,059 to 1021 and 112 ended unchanged; on the Nasdaq Stock Exchange, 2,050 fell and 1,688 advanced, while 216 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) POHUAT (KLSE: 7088)
Technical BUY with +10.4% potential return
* Last: RM1.35   TP: RM1.42, RM1.49    SL: RM1.31
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) LIONIND (KLSE: 4235)
Technical BUY with +24.6% potential return
* Last: RM0.325    TP: RM0.375, RM0.405    SL: RM0.285
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) AJIYA (KLSE: 7609)
Technical BUY with +14.9% potential return
* Last: RM1.21   TP: RM1.32, RM1.39  SL: RM1.09
* Timeframe: 2 weeks to 2 months
* Shariah: YES

For the full research report, please log in to www.utrade.com.my


#TradingIdeasMY

Posted by bullrun1985 > 2022-10-25 09:58 | Report Abuse

pohuat not a syariah shares la

Posted by bullrun1985 > 2022-10-27 12:17 | Report Abuse

where is luke now? still buy buy buy???

Posted by Lukesharewalker > 2022-10-28 13:24 | Report Abuse

Relax , trending upwards for Dec QR

Posted by Lukesharewalker > 2022-10-31 12:55 | Report Abuse

Better buy break out rally soon

Posted by Lukesharewalker > 2022-11-01 08:39 | Report Abuse

Dividends yield is 4.2% now

Posted by bullrun1985 > 2022-11-01 09:04 | Report Abuse

no up today oso, sien............

Posted by bullrun1985 > 2022-11-07 15:00 | Report Abuse

Luke, where are you now? pls promote abit today

Posted by Lukesharewalker > 2022-11-17 15:33 | Report Abuse

It will move up next week

Posted by Lukesharewalker > 2022-11-17 15:57 | Report Abuse

Hang on tight. Roadblocks everyday. Up trend towards Dec QR

Posted by Lukesharewalker > 2022-11-17 16:03 | Report Abuse

Year end eps 30 cents coming.....

Posted by Lukesharewalker > 2022-11-23 11:23 | Report Abuse

Don't miss the ride. Gonna move soon. Roadblocks suddenly aplenty. Haha...

Posted by zen_2k > 2022-12-10 03:05 | Report Abuse

looking forward to QR

Posted by Lukesharewalker > 2 months ago | Report Abuse

Long wait. Today's the day!

Posted by Lukesharewalker > 2 months ago | Report Abuse

Excellent result. Eps 31 cents. No matter how you look at it. Its undervalued

Posted by Lukesharewalker > 2 months ago | Report Abuse

Backed by 90 cents near cash and dividend yield is now 5.3% it will open 2023 with a bang

Posted by zen_2k > 2 months ago | Report Abuse

Agreed hopefully market will notice its value, especially with US homebuilder market not as gloomy as it is following recent news

Posted by whpang > 2 months ago | Report Abuse

Check out buying volume.

Posted by yfchong > 2 months ago | Report Abuse

Can get below 1.35 boh... let's see. n check it our.

Posted by cubi > 2 months ago | Report Abuse

新年红包进户口了，谢谢發哥~！

祝新的一年生意蒸蒸日上，每个季度派红包~

Posted by frankco > 2 months ago | Report Abuse

Poh Pee Huat Ah !!

Posted by Income > 2 months ago | Report Abuse

Can buy this over value?

Posted by cherry88 > 2 months ago | Report Abuse

Time to re-look this counter. Despite rather challenging outlook, I believe the share prices had reflected the low valuation. Any major correction is unlikely. Poh Huat managed to record another historical quarterly (and yearly) sales and profits in its latest 4th quarter reports. Cash and short term investments per share has achieved more than 90sen (take note : the company has no bank borrowings; lease liabilities are merely meaningless accounting entries). However, i really can't quantity its upside as general furniture industry valuation remain low.

Posted by yfchong > 2 months ago | Report Abuse

try to queue buy at 1.35 ?? can match ?

Posted by lcng123 > 1 month ago | Report Abuse

I am Wondering why such a excellent company like Poh Huat share price cannot up. Poh Huat with PE 4.5, net cash 249mil (RM0.89/share at current price of RM1.37), NTA RM1.97 above current share price, ROE 15.34, dividend yield over 4%. From past records, Poh Huat has bonus issue every 6 years, I expected another bonus issue soon.

Posted by zen_2k > 1 month ago | Report Abuse

shrug

Posted by zen_2k > 1 month ago | Report Abuse

moving? about time, US furniture stocks doing fine, all at least above their pre-covid prices, pohuat deserves at least the industry average of 7x pe

Posted by cherry88 > 1 week ago | Report Abuse

The below news enough to "kill" the share price
https://www.furnituretoday.com/industry-news/vietnams-wood-furniture-exports-plunge-34/

Posted by pang72 > 1 week ago | Report Abuse

It is not looking good

Posted by Endgame > 4 days ago | Report Abuse

Breaking news: Poh Huat Vietnam plant has started increasing capacity to meet resume increase order from United Stated after half year of low utilisation.

Posted by Endgame > 4 days ago | Report Abuse

Poh Huat management start the recruitment after improving order after headcount recruitment freeze after nearly half year. This is align with the improve order.

Posted by Endgame > 4 days ago | Report Abuse

Breaking news: Pohuat to reward long term shareholders in term of bonus issue and special dividend in appreciation of the support

Posted by observatory > 4 days ago | Report Abuse

Haha. Source?

Posted by frankco > 1 day ago | Report Abuse

https://www.google.com/search?q=poh+huat+job+vacancy&ibp=htl;jobs&sa=X&ved=2ahUKEwiuvumOo_n9AhWXS2wGHW7dAIkQudcGKAF6BAgWEBo#htivrt=jobs&htidocid=bMKNAuhYKJ8AAAAAAAAAAA%3D%3D&fpstate=tldetail