Posted by Up_down > 2017-03-06 20:59 | Report Abuse

10 baggage sifu. My wild guess....Potential good QR plus Nice TA chart equal to Price taking off soon. :D

Posted by 10bagger10 > 2017-03-07 19:54 | Report Abuse

Up sifu whats ur estimate on latest qr?

Posted by Up_down > 2017-03-07 22:51 | Report Abuse

10 bagger. I would expect Pohuat to deliver PBT above RM 16 million as the margin increase in tandem with USD strengthen against RM unless its sales volume drops below RM 110 million.

Here's the past records of Gross Profit margin %

31 Jan 17 - ??? - Forex 4.4286
31 Oct 16 - 23.2% - Forex 4.204
31 Jul 16 - 18% - Forex 4.03
30 Apr 16 - 14.3% - Forex 3.9175
31 Jan 16 - 21.5% - Forex 4.143
31 Oct 15 - 23.1% - Forex 4.299

Posted by 10bagger10 > 2017-03-07 23:42 | Report Abuse

EPS 10 CAN ACHIEVE MA?

Posted by 10bagger10 > 2017-03-07 23:55 | Report Abuse

UP_ SIFU, pbt 16 MIL ID A BIT CONSERVATIVE?

Posted by Up_down > 2017-03-08 09:07 | Report Abuse

Not easy to achieve EPS 10 cents. If the PBT above RM 16 million, it's very likely profit would grow for another 2 more quarters provided sales volume and forex remain intact at least.

Posted by 10bagger10 > 2017-03-08 12:22 | Report Abuse

Last q eps can repeat same?

Posted by lloydlim > 2017-03-08 12:43 | Report Abuse

More than expected!

Posted by Up_down > 2017-03-08 13:15 | Report Abuse

Wait for the QR announcement. Relax!

Posted by DarKLoRD888999 > 2017-03-10 13:05 | Report Abuse

i think this coming result is the BEST

Posted by 10bagger10 > 2017-03-10 18:39 | Report Abuse

How best is that best?

Posted by cyeec2000 > 2017-03-10 18:44 | Report Abuse

Maybe is same with date of AGM

Posted by 10bagger10 > 2017-03-10 19:50 | Report Abuse

If this quTer eps 9 huat ĺiao.

Posted by pantor > 2017-03-10 21:03 | Report Abuse

Its name already told you: 包发

Posted by cherry88 > 2017-03-11 10:04 | Report Abuse

Anyone here plan to attend the AGM ? It is in Muar. Car pool ?

Posted by ezobear > 2017-03-11 17:25 | Report Abuse

Read the AR in detail .. impressive! However, I found out the properties hold by company have not been re-value for long time... why? Any taikor can advice whether this is comply to accounting standard in Malaysia?

Posted by ezobear > 2017-03-11 17:27 | Report Abuse

We should challenge the management in the coming AGM, the NTA of the company is way under declared which is not fair to minority shareholders ... any taikor please advice.

Posted by Lulu La > 2017-03-11 17:38 | Report Abuse

sometimes NTA is not the only way to reflecting share price..for eg. Pohuat factory is to produce goods to sell..the value of the factory is not that important.so the operation of the factory is more important in this case...In contrast for property sector..the NTA is including their landbank..so NTA will be more relevant to the business because property company can sell the land for earning or for better development...u cant expect pohuat sell the factory for earning right?

Posted by ezobear > 2017-03-11 17:54 | Report Abuse

Of course I understand. However it is management responsibility to update regularly the company asset to shareholders. More than 90M plant & properties had not been revalued for more than 15 years ... this is not fair to minority shareholders who trade the share without updated information.

Posted by warren22 > 2017-03-13 09:27 | Report Abuse

pohuat is not property company therefore do not need to waste money to revalue asset. share price is strong rely on profitability. if formula might be price = NTA + brand + profitability. Today cruise has sail. lucky i am come back with small fund to pohuat.

Posted by zoomsbooms > 2017-03-13 10:17 | Report Abuse

so sudden

Posted by Simple man > 2017-03-13 10:23 | Report Abuse

Coming will have good news..! Price surge!!

Posted by ezobear > 2017-03-13 10:46 | Report Abuse

1. my point is good corporate governance is essential for the healthy development of KLSE listed companies.

2. This is what written in the KLSE Accounting Guideline. 3-5 years of revaluation is sufficient. Po Huat did not revalue more than 15 years which is beyond the guideline. That part we should ask for clarification from Management.
-----------------------------------------------------------------
The frequency of revaluations depends upon the movements in the fair
values of the items of property, plant and equipment being revalued.
When the fair value of a revalued asset differs materially from its
carrying amount, a further revaluation is necessary. Some items of
property, plant and equipment may experience significant and volatile
movements in fair value thus necessitating annual revaluation. Such
frequent revaluations are unnecessary for items of property, plant and
equipment with only insignificant movements in fair value. Instead,
revaluation every three or five years may be sufficient.
-----------------------------------------------------------------
3. http://www.masb.org.my/pdf.php?pdf=!masb15.pdf&file_path=pdf
page 13

Posted by zhangliang > 2017-03-13 10:47 | Report Abuse

surely good results soon! Lets go to Rm2

Posted by angkokann > 2017-03-13 11:28 | Report Abuse

Coming liao

Posted by ezobear > 2017-03-13 11:30 | Report Abuse

If they revalue ..... 2.50 also sap sap sui ..

Posted by kcwong98 > 2017-03-13 11:32 | Report Abuse

next Q result coming soon

Posted by mmk79 > 2017-03-13 11:41 | Report Abuse

QR MUST BE VERY VERY OUTSTANDING LIAO

Posted by Up_down > 2017-03-13 12:04 | Report Abuse

TA players are joining the bandwago. :D

Posted by 10bagger10 > 2017-03-13 12:04 | Report Abuse

So how?

Posted by ezobear > 2017-03-13 12:05 | Report Abuse

counting money & laughing to the bank ... :D

Posted by Up_down > 2017-03-13 12:06 | Report Abuse

Wait the company to announce QR. Go go go!

Posted by DarKLoRD888999 > 2017-03-13 12:11 | Report Abuse

Buy Pohuat we will HUAT XD

Posted by angkokann > 2017-03-13 12:23 | Report Abuse

If QR is good, need to take one day leave to count profit invested in Pohuat. Haha. Just joking.

Posted by ezobear > 2017-03-13 12:27 | Report Abuse

one day leave might not enough ... take one week leave, go the AGM & makan makan in Muar

Posted by mango2 > 2017-03-13 12:41 | Report Abuse

Expect strong 1Q coming due to 1) vietnamese factories high margin products and 2) u.s. increased demand in furniture 3) big exchange gain

Posted by speedlikecy > 2017-03-13 12:56 | Report Abuse

GAP up with volume

Posted by mmk79 > 2017-03-13 13:03 | Report Abuse

RM2.00 is within reach today. Go go go Pohuat. Everyone Let's huat huat.

Posted by Davidl > 2017-03-13 13:07 | Report Abuse

TP2.50 coming soon!

Posted by titus > 2017-03-13 13:12 | Report Abuse

mamamia.....warrant went up to 0.98......huat ah....laughing all the way to the bank,.....
will the son breach RM1.... ^_^

Posted by lloydlim > 2017-03-13 14:05 | Report Abuse

Better than expected!

Posted by angkokann > 2017-03-13 14:14 | Report Abuse

Wah 2.5, i will sell off all if 2.5.

Posted by cherry88 > 2017-03-13 14:20 | Report Abuse

I just read into detail the company annual report. I also notice that the company did not revalue its properties since acquisition. The last revaluation was dated 1999. As far as accounting technical, the company is allowed to do that under MFRS 116 para 29 where the company is allowed to choose cost method or revaluation method. Poh Huat decided to choose cost method in this case during the effective of the MFRS 116.
The company main properties are in Muar and Vietnam. I do not know the property in Muar, but I do know that Vietnam property has increase "a lot" for the past 10 years. Based on its annual report disclose of Vietnam property of RM45m, assume double up, then we can expect the market value could be RM50m or 23 sen per share. Its Muar landed properties also around RM50m, and assume 50% mark-up toward market value or RM25m, then total group increase in valuation will be 35 sen.
I don't think it is a concern to revalue or maintain its cost. Why need to pay unnecessary valuation fee at shareholder expenses ? Valuation in Vietnam could be expensive too, and gain from valuation could be subject to income tax. Most importantly, the company must be able to generate sufficient income using the properties and facilities to distribute the shareholder and capital expenditure.

Posted by cyeec2000 > 2017-03-13 14:28 | Report Abuse

Agree...

Posted by ezobear > 2017-03-13 14:46 | Report Abuse

is not a concern, is an opportunity!
Let management explain for it & no point to make our own assumptions which is not even close to reality.

Posted by 10bagger10 > 2017-03-13 14:55 | Report Abuse

How strong? 12?

Posted by Cf81 > 2017-03-13 14:56 | Report Abuse

Woohoo...should be good

Posted by cherry88 > 2017-03-13 16:12 | Report Abuse

Why disturb them if they can pay good dividend and produce good earnings ?

Posted by angkokann > 2017-03-13 16:18 | Report Abuse

Today huat liao

Posted by pineapple123 > 2017-03-13 16:24 | Report Abuse

what a surprise. but strength USD will help this compny alot in earning.