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 6 days ago

lloydlim

3,952 posts

Posted by lloydlim > 2019-03-06 14:02 | Report Abuse

Should b good!

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-03-06 14:55 | Report Abuse

should b good la

Posted by Musangkingfarmer > 2019-03-06 15:17 | Report Abuse

If you really believed that next QR results will be very good, then WB is better investment.

keyin

2,150 posts

Posted by keyin > 2019-03-07 16:56 | Report Abuse

Today bolat

lai81533

987 posts

Posted by lai81533 > 2019-03-07 22:04 | Report Abuse

strong coming soon target above rm1.80

keyin

2,150 posts

Posted by keyin > 2019-03-10 10:39 | Report Abuse

一飞冲天

lohloyfoo

79 posts

Posted by lohloyfoo > 2019-03-10 22:31 | Report Abuse

Beware of correction!

cheoky

2,823 posts

Posted by cheoky > 2019-03-10 22:40 | Report Abuse

Huat ar

Davidl

1,816 posts

Posted by Davidl > 2019-03-12 12:56 | Report Abuse

Be patience, time will tell

keyin

2,150 posts

Posted by keyin > 2019-03-14 12:40 | Report Abuse

Why drop so much

Dangel

422 posts

Posted by Dangel > 2019-03-15 13:26 | Report Abuse

Y so quiet here?

cyeec2000

992 posts

Posted by cyeec2000 > 2019-03-15 14:58 | Report Abuse

The quarter result is coming soon

keyin

2,150 posts

Posted by keyin > 2019-03-15 15:32 | Report Abuse

Dreaming

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-03-15 16:34 | Report Abuse

yup it is on 19th March.....

cherry88

980 posts

Posted by cherry88 > 2019-03-15 16:45 | Report Abuse

19th March.....not 22nd March you comment earlier ?

cyeec2000

992 posts

Posted by cyeec2000 > 2019-03-15 17:10 | Report Abuse

The dream come out, today out with double net profits..

Posted by Fabien Extraordinaire > 2019-03-15 17:23 | Report Abuse

pretty good results, revenue this quarter is all time high.

Posted by Greatleaper > 2019-03-15 17:29 | Report Abuse

Good earning for Pohuat..

Posted by Fabien Extraordinaire > 2019-03-15 17:30 | Report Abuse

TTM eps = 25.57sen
At average PE 8x, FV = RM2.05

nckcm

2,726 posts

Posted by nckcm > 2019-03-15 17:49 | Report Abuse

Monday limit up

RainT

8,448 posts

Posted by RainT > 2019-03-15 17:59 | Report Abuse

yesterday POH KONG

today POH HUAT

lol ...

cheoky

2,823 posts

Posted by cheoky > 2019-03-15 18:03 | Report Abuse

Huat ar

Posted by Lukesharewalker > 2019-03-15 21:38 | Report Abuse

growth story from Vietnam sub

Davidl

1,816 posts

Posted by Davidl > 2019-03-16 19:44 | Report Abuse

PE become 6+ now! Welldone

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-03-16 23:00 | Report Abuse

Well done

minigiant

59 posts

Posted by minigiant > 2019-03-17 16:12 | Report Abuse

Good long term investment

keyin

2,150 posts

Posted by keyin > 2019-03-18 09:23 | Report Abuse

Pohuat Bo huat

Posted by Musangkingfarmer > 2019-03-18 09:37 | Report Abuse

i3 website still not yet update latest PE. When the price went up RM 1.63, the PE shown was more than 8, this is scary.

Posted by YongJie Low > 2019-03-18 09:57 | Report Abuse

Bored

lloydlim

3,952 posts

Posted by lloydlim > 2019-03-18 11:42 | Report Abuse

Time to accumulate!

laychee

1,743 posts

Posted by laychee > 2019-03-18 11:42 | Report Abuse

It depends on USD strength.

cherry88

980 posts

Posted by cherry88 > 2019-03-18 13:04 | Report Abuse

Stingy management. No declaration of dividend despite making so much profit.

Posted by Fabien Extraordinaire > 2019-03-18 15:25 | Report Abuse

Trade war between the US and China is benefiting Malaysia's furniture industry.

laychee

1,743 posts

Posted by laychee > 2019-03-18 15:58 | Report Abuse

Trump promised trade war will end in 3-4 weeks.

Davidl

1,816 posts

Posted by Davidl > 2019-03-18 18:20 | Report Abuse

Trade war surely wouldn't be end so soon!

Posted by Musangkingfarmer > 2019-03-18 22:02 | Report Abuse

One of the demands from US in the trade war is that China have to stop subsidize exporters. China's labour cost in coast area already higher than Malaysia. So the trade war end or not end Pohuat still benefit from it.

yfchong

5,800 posts

Posted by yfchong > 2019-03-18 22:07 | Report Abuse

Chengdu cost of living exceed kl

cherry88

980 posts

Posted by cherry88 > 2019-03-20 11:06 | Report Abuse

London bridge is falling down, falling down ............due to strengthening of Ringgit

lai81533

987 posts

Posted by lai81533 > 2019-03-20 17:17 | Report Abuse

took profit RM1.63

RainT

8,448 posts

Posted by RainT > 2019-04-04 21:55 | Report Abuse

all said trade war will benefit Msia furniture industry

but how big or small is the effect ? and if these furniture companies failed to contain their costs ....then low margin also same

need wait & see few quarters more ....how is the trade war really good affect

Posted by Lukesharewalker > 2019-04-15 20:20 | Report Abuse

Ringgit weakening...get some

Cf81

114 posts

Posted by Cf81 > 2019-04-26 20:29 | Report Abuse

https://www.apnews.com/349f855c27c1437e9ba9041a2601f47c

WASHINGTON (AP) — Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump.

yfchong

5,800 posts

Posted by yfchong > 2019-04-28 20:12 | Report Abuse

Furniture companies valuation which is cheaper, latitude, lii hen, homertiz jaycorp or po huat..

cherry88

980 posts

Posted by cherry88 > 2019-04-30 12:36 | Report Abuse

Attended yesterday AGM in Melaka. A representative from Pangolin also hand out her analysis to all shareholders. She is in view the company is undervalue. In short, the revenue and net profit has grew by 10% and 7%p.a for the past 20 year. Poh Huat is the top 3 furniture maker in Malaysia with net cash of RM71 mil or RM0.32 per share. It will benefit from the US-China trade war.
She recommend the Board to pay higher dividend (75% payout) and dispose non-core asset of RM66mil (and of course distribute out this 30 sen per share as special dividend). By doing this, share price will almost double to RM4.32.
Board of Director reckon her recommendation. It was told that Pangolin has previously given similar analysis to Poh Huat, and Poh Huat did follow their recommendation. Let's hope they will once again listen to Pangolin this round by paying more regular dividend and share price will sure move up.
Another shareholder also explain that its peer (Lii Hen) has a very regular dividend stream and be able to command a higher PE and ROE. Should Poh Huat doing the same, share price will definitely move higher in par with Lii Hen valuation of higher PE and ROE

cyeec2000

992 posts

Posted by cyeec2000 > 2019-04-30 20:56 | Report Abuse

Cherry88, what is the pohuat non core bussiness asset?

chshzhd

1,908 posts

Posted by chshzhd > 2019-04-30 22:18 | Report Abuse

tq cherry88

cherry88

980 posts

Posted by cherry88 > 2019-05-02 08:59 | Report Abuse

According to the Pangolin report, the non core are "Agriculture Land", " Investment Properties", "Australia Warehouse"

cyeec2000

992 posts

Posted by cyeec2000 > 2019-05-02 09:22 | Report Abuse

Thanks cherry88. Hopefully they can consider about it..

lcng123

1,105 posts

Posted by lcng123 > 2019-05-02 18:38 | Report Abuse

Australia Warehouse just bought last year Sept and this is a warehouse cum showroom for their furniture products. I don't think this is non core business asset.

lcng123

1,105 posts

Posted by lcng123 > 2019-05-02 18:41 | Report Abuse

And Agriculture land in Muar, Johor is reserve to build furniture factories when there is a need in the future.

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