Anyway, market sentiment is now looking to furniture stocks led by Liihen. I guess it will report a very strong results after MCO period. Same apply to Poh Huat. So both LiiHen and Poh Huat should be strong buy now given the "shaking" economy and subsequently weakening of Ringgit. Export related stocks should benefit from it.
but its normal for pohuat to fly less than liihen, liihen is the market leader, and pohuat currently under dilution, but long run, good exposure to vietnam
Should Biden win the election, then, it may not good to the furniture (at least in short trrm) because China trade war order diversion may 'reduce' or normalise
holding since below rm1, wont release until above rm2. Else ill just keep it and collect dividends, seeing that there is still strong orderbook from USA
maybe will hold the other half long term since the profit from tickets sold can cover my cost for the tickets i have. In other words, free tickets, to collect dividends, and pohuat has an expansion plan so... I'm thinking there should be more room for growth in the future.
Furniture sales in Walmart USA is 10B. Liihen's market share is a mere 10M. There is still a large Total Available Market for furniture players.
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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....
cherry88
981 posts
Posted by cherry88 > 2020-10-27 14:29 | Report Abuse
liihen fly down pohuat also fly down