POH HUAT RESOURCES HOLDINGS

KLSE (MYR): POHUAT (7088)

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Last Price

1.45

Today's Change

-0.01 (0.68%)

Day's Change

1.43 - 1.45

Trading Volume

65,300


14 people like this.

9,910 comment(s). Last comment by yfchong 1 week ago

tanbb

1,334 posts

Posted by tanbb > 2016-02-01 10:32 | Report Abuse

buy some on weakness , keep for long term should be good.

moniekj

1,037 posts

Posted by moniekj > 2016-02-01 13:56 | Report Abuse

4.135

timing

726 posts

Posted by timing > 2016-02-01 13:57 | Report Abuse

i think last friday valuecap in

Superb99

6,589 posts

Posted by Superb99 > 2016-02-01 16:42 | Report Abuse

Actually, I hope MYR to be strong too but if we look at our economy in detail, it is very hard for MYR to stay below RM4 against USD. In the budget, no currency peg is going to be implemented. Malaysian corruption is deteriorated and oil price is going downward so do you think Malaysian economy is getting stronger? MYR only will up further with the weakening of US economy. The MYR improvement can be the window dressing from our gov so we can't justify it now. Let's see how strong is MYR in the next few days.

Max Yong

276 posts

Posted by Max Yong > 2016-02-01 20:25 | Report Abuse

Still got hope that MYR can back to 3.8 or even lower? haha? Personally think that it will not going to happen though. 3.8 MYR - 1 USD era already became history. Malaysia 75 % income is from O&G. Now oil price stay below 36USD. Plus, can someone provide valid reason how MYR can keep continue appreciate ? I would like to highlight Zeti is going to step down on this year, FED plan to increase the rate 3 times on this year. Some of you might think that China is going to hep us , perhaps? Yet , China is in trouble as well. China is preparing currency war with Soros and other hidden speculators which intend to make a huge money from YUAN currency. Dear all , who is going to save us ? :D

gwansoo

307 posts

Posted by gwansoo > 2016-02-01 21:17 | Report Abuse

Malaysia 25% revenue is from O&G.

Posted by lapinkiller > 2016-02-01 21:21 | Report Abuse

majority of Malaysia export is electronic, not crude oil. We are not commodities currency, with Malaysia maintain interest rate, there will be more demand of MYR

carol717

84 posts

Posted by carol717 > 2016-02-01 21:31 | Report Abuse

anyone know pohuat how many percentage for export?

Ryan88

1,327 posts

Posted by Ryan88 > 2016-02-02 00:47 | Report Abuse

With najib one day as pm in malaysia. Hopeless for myr....haisss

HakChai

535 posts

Posted by HakChai > 2016-02-02 11:47 | Report Abuse

4.2 liao

HakChai

535 posts

Posted by HakChai > 2016-02-02 11:55 | Report Abuse

wow 4.21

gwansoo

307 posts

Posted by gwansoo > 2016-02-02 12:17 | Report Abuse

25% is not a small amount and definitely will give some impact in overall revenue.

HakChai

535 posts

Posted by HakChai > 2016-02-02 12:24 | Report Abuse

Its pushing up. See if ppl rush in to buy

tc88

573 posts

Posted by tc88 > 2016-02-02 12:25 | Report Abuse

Poh Huat hot a while only, later drop back.

HakChai

535 posts

Posted by HakChai > 2016-02-02 12:31 | Report Abuse

sori sori i mean the exchange rate pushing up as USD strengthens

Posted by Red_Hong_Bao > 2016-02-02 12:47 | Report Abuse

4.22 Mr Hak Chai

Superb99

6,589 posts

Posted by Superb99 > 2016-02-02 15:43 | Report Abuse

all furniture counters looks no momentum

vape

46 posts

Posted by vape > 2016-02-02 16:16 | Report Abuse

Ringgit leads Asia FX losses as oil slips again
By Reuters / Reuters | February 2, 2016 : 2:15 PM MYT

SINGAPORE (Feb 2): Malaysia's ringgit led losses among emerging Asian currencies on Tuesday as crude oil prices resumed their slide and global manufacturing activity remained weak, souring investors' appetite for riskier assets.
The ringgit came under further pressure from renewed concerns over 1Malaysia Development Bhd (1MDB).
Singapore authorities said they had seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to the Malaysia's state-fund.

CURRENCIES VS US DOLLAR
Currency Latest bid Previous day % Move
Ringgit 4.2080 4.1550 -1.26


http://www.theedgemarkets.com/my/article/ringgit-leads-asia-fx-losses-oil-slips-again

beanchan

149 posts

Posted by beanchan > 2016-02-02 19:39 | Report Abuse

Crude oil price going down. will break usd30 very soon. maybe tonight.

Posted by Red_Hong_Bao > 2016-02-03 07:55 | Report Abuse

now at 4.22 if slip to 4.26, it will be a Hong bao festive

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-02-03 08:02 | Report Abuse

Wait for matket crash first lar

Posted by Red_Hong_Bao > 2016-02-03 08:45 | Report Abuse

4.24 liao lor

Posted by Red_Hong_Bao > 2016-02-03 08:46 | Report Abuse

i am buying more today export stock because quiet week next week rate will drop further and we wait for durian runtuh

papaya

3,086 posts

Posted by papaya > 2016-02-03 10:05 | Report Abuse

down...down......easily going down....

TEOH88

150 posts

Posted by TEOH88 > 2016-02-03 10:34 | Report Abuse

Time to Collect Now !

Posted by Red_Hong_Bao > 2016-02-03 10:36 | Report Abuse

so true

superb99

6,589 posts

Posted by superb99 > 2016-02-03 16:42 | Report Abuse

looks like export counters momentum is bec

superb99

6,589 posts

Posted by superb99 > 2016-02-03 16:55 | Report Abuse

high buying volume

tanbb

1,334 posts

Posted by tanbb > 2016-02-03 17:55 | Report Abuse

buying high now.

dnn78

1,593 posts

Posted by dnn78 > 2016-02-03 20:58 | Report Abuse

Dont wait, just load more.

Ryan88

1,327 posts

Posted by Ryan88 > 2016-02-03 21:43 | Report Abuse

Myr sure drop more

dnn78

1,593 posts

Posted by dnn78 > 2016-02-04 00:26 | Report Abuse

Drop means value drop or usd/myr rates drop?
I think drop more proper use in "durian drop"
Hahahaha confusing.

77huat77

1,782 posts

Posted by 77huat77 > 2016-02-04 00:33 | Report Abuse

Mean US stronger than myr Lo
But so sorrY US TO myr is 4.19
3.5 is coming bye bye

Ryan88

1,327 posts

Posted by Ryan88 > 2016-02-04 01:41 | Report Abuse

Myr will drop more than up in 2016. Undeniable

cherry88

980 posts

Posted by cherry88 > 2016-02-04 09:14 | Report Abuse

Sure Huat has announced its audited accounts. They will normally announce end of Feb. This round is efficient. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4993069

papaya

3,086 posts

Posted by papaya > 2016-02-04 09:57 | Report Abuse

what la pohuat....sudah mati ka...

TEOH88

150 posts

Posted by TEOH88 > 2016-02-04 10:15 | Report Abuse

Yes, Ready to Huat ar!!!

chosenlc

136 posts

Posted by chosenlc > 2016-02-04 15:53 | Report Abuse

cherry88, meaning the coming QR will be good?

hohoho123

3,165 posts

Posted by hohoho123 > 2016-02-04 16:29 | Report Abuse

NO HUAT

SP0094701

654 posts

Posted by SP0094701 > 2016-02-04 23:09 | Report Abuse

USD 4.09 haiz ...bo huat ...liao

invest1188

772 posts

Posted by invest1188 > 2016-02-04 23:20 | Report Abuse

rough calculation, previously usd 4.4 to usd 4.10, usd drop 8%, pohuat from 2.0 to 1.70, drop 15%, meaning pohuat share price drop by factor almost 2 (15%/8%), so if pohuat at 1.50, meaning drop by 30%, meaning usd has to drop 15% from 4.40 meaning usd at 3.80, if our confidence usd remain>3.80, I see the pohuat almost reach bottom now

Jay Nutri

41 posts

Posted by Jay Nutri > 2016-02-05 13:06 | Report Abuse

You siao ah.. Calculate like that. People now are selling because they heard some ah Beng news that ringgit is strengthening and pohuat is going to drop. Lol. Look at pohuat past earnings. All green green. With or without ringgit up or down

pathfinder

374 posts

Posted by pathfinder > 2016-02-05 18:28 | Report Abuse

Market is simply not rational in the short term. Stay focus, you will both be fine soon.

cherry88

980 posts

Posted by cherry88 > 2016-02-06 10:17 | Report Abuse

chosenic, broadly from the forex number, if based on 1Q of 2015 at RM3.30 level against current 1Q of 2016 at RM4.15 level, the number will be fantastic. Another way of looking from non-financial view is that, if we look at the non-audit number against the audited number, there appears almost no difference (except RM1 or RM2 adjustment). This also shows that the quarterly report is reliable and management is efficient.

pathfinder

374 posts

Posted by pathfinder > 2016-02-06 12:16 | Report Abuse

Trustworthy would be a more apt term.

david788

32 posts

Posted by david788 > 2016-02-07 07:17 | Report Abuse

Friday night USA has declared good unemployment rate 4.9% and subsequently US dollar index strengthen back. Don't focus on short term currency rate exchange because US really strong and federal will hike the interest rate again. Pohuat no need sell , it definitely a good counter

fatb45

4 posts

Posted by fatb45 > 2016-02-07 12:50 | Report Abuse

wednesday gap down sell

77huat77

1,782 posts

Posted by 77huat77 > 2016-02-07 20:16 | Report Abuse

Gap down for export stock !

pathfinder

374 posts

Posted by pathfinder > 2016-02-08 09:59 | Report Abuse

That is in 3 days time. Many things can happen the next 2 days so how can you make a statement like that.

77huat77

1,782 posts

Posted by 77huat77 > 2016-02-08 12:11 | Report Abuse

Because myr is strong ,I believe in our clever smartest prime minister !

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