4.5 soon. Actually Pohuat Vietnam have USD cash reserve. Unlike Pohuat Malaysia need to convert 75% of USD sales. Export counters still fine even though revenue shrinking...
Poh huat directors announced plans to invest in online business in Australia two years ago but it never happened. Likely attempt to manipulate and drive up share price
Actually yesterday 1q announcement period (nov to jan) also not within the covid19 crisis period. Performance already so bad. Moving forward into this covid19 period, will be worse as it has strongly indicated in the prospective
"Our operations in Malaysia and Vietnam have thus far been free from COVID-19 incidents but the movement restrictions imposed by the Malaysian government has resulted in a 28 days halt in our Malaysia operations". At least Vietnam still running.
Any idea Pohuat Keep dropping? Bought at 1.5 hold until now.... Any advises? Cry without tear omg.... USD flying how come it drop? Wat caused the dropping??
Well it depends. Things that are spoiled needs replacement. Unless Pohuat is only making only high end furniture products, which probably no one is going to buy.....
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....
Lukesharewalker
6,535 posts
Posted by Lukesharewalker > 2020-03-18 18:20 | Report Abuse
Maybe they will push to 50 cents which will benefit everyone