an extract from qr..."The demand for the Group’s product continue to increase in recent months. Shipment of panel based products to the US increased substantially over the last 6 months while shipments of home furniture from our Vietnamese factories remained robust. The Group has received sustained orders and expects this to continue for the remaining financial year" from here we knew that Poh Huat should do well in 2017...CHEERS
keep calm, bro, sometime mgnt want to reinvest and expand, that's mean good business, sure the company will reward us in future...be strong, have a cup of coffee
Please do the homework, this company goes through seasonality. For the past few year, the 2Q always report lowest revenue and lowest profit for the year
buy or sell?...yoy up 170%, qoq drop -40%, if your business only last for few qtr only then maybe you should sell, if your business can last for years to come then you make your own decision, your money your decision, investment never easy :)
Excellent results for 2nd Quarter .Really beyond expectations. Tonight can sleep soundly with loud snoring in Pohuat made bed. Cheers to all shareholders.
For those who understand the company, they know Poh huat is affected by the seasonal demand due to the local festive period as well as the summer holiday in the middle of the year. For those who just blindly call for sell due to lower QoQ, obviously these people dont even know how to do a simple analysis on the financial report and just trade blindly.
yes you are right. They are just financial illiterate. If we look at the result of this quarter, this is the best result ever recorded in Poh huat history. On top of that, their result is even better than the 3rd quarter result last year which mean the 3rd quarter result this year should be remain robust given the optimistic comment by the director in the financial report. It's time to buy in more shares for long run gain
FYI guys, the first half of the year, Poh huat already achieved 57% growth as compared to last year. With such a big jump in first half, this stock is definitely good to hold for further capital gain
Make so much profit but no declaration of dividen. So disppointed! Please don't follow Latitude style of paying penut dividen. Hinting of capex meaning of less dividend in near future
Actually we need lots of stupid investors otherwise how we can make money . To all the stupid investors I wish to thank you all from the bottom of my heart.
smart people= manipulators,stockists,insider....stupid people= retail investors who simply buy.mostly make a bit and sell and loss hold until become rot.....hahaha
Hallo Calvin. You are here again. Let's do some maths again. Assume our forecast remain intact with 25% growth in EPS to 27.68sen in this year. We work out its PE at 6.97x now and P/BV at 1.55x. Further assume they are gonna to reduce dividend payout as they are going to increase capex, we will expect higher depreciation and follow Latitude style by paying only penat dividend ! Then, we look at Latitude , trading at PE of 6.9X and P/BV of 0.89. It is very obvious PH is "fairly value" now at RM1.93 ! Media is widely reported that shortage of labour and increase in raw material prices with strengthening of Ringgit.....time to switch to palm oil.
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....
lcng123
1,126 posts
Posted by lcng123 > 2017-06-14 17:45 | Report Abuse
agreed with wltan22. I expected Q2 around RM5mil, but now RM10mil. consider excellent result.