Posted by Derrick Gan > 2021-01-04 09:58 | Report Abuse

I buy again at 1.69

Posted by zen_2k > 2021-01-04 11:15 | Report Abuse

I hold shrug

Posted by bullrun1985 > 2021-01-04 12:04 | Report Abuse

1.66 now

Posted by bullrun1985 > 2021-01-04 12:22 | Report Abuse

zen2k, what price you wanna buy in again

Posted by Fujisnow > 2021-01-04 15:25 | Report Abuse

USA banned Vietnam’s furniture? cannot find any news to support your statement.

Posted by bullrun1985 > 2021-01-04 15:38 | Report Abuse

all in again at 1.64

Posted by yfchong > 2021-01-04 15:43 | Report Abuse

May be at 1.50 ..... any take..

Posted by Lance > 2021-01-04 15:45 | Report Abuse

threats nia lah...

https://www.scmp.com/economy/china-economy/article/3115656/facing-us-tariff-threat-vietnams-furniture-makers-fight-back

Posted by bullrun1985 > 2021-01-04 16:04 | Report Abuse

zen2k, what is your opinion on this

Posted by zen_2k > 2021-01-04 16:39 | Report Abuse

if downtrend now, ill let it fall and accumulate again when the trend breaks, but nid to monitor the USA ban, as it will chg fundamentals

Posted by Derrick Gan > 2021-01-04 16:39 | Report Abuse

I crab again on 1.62 , for me i don't bother on Vietnam’s furniture on US tariff threat, maybe most of retailer panic or confuse on Covid-19 case happened at jorak, mix between LiiHen and Poh huat.
I refer to tradingview, most retailer selling not banker.

Posted by Keyman188 > 2021-01-04 16:56 | Report Abuse

Ringgit expected to strengthen to 4.0 against US dollar next week

(Bernama / January 02, 2021 10:20 am +08)

KUALA LUMPUR (Jan 2): The ringgit is expected to trade higher against the US dollar next week, on positive Covid-19 vaccine sentiment and better performance in crude oil prices, said an analyst.

Axi chief global market strategist Stephen Innes said as commodities are expected to fly out of the new year gates, particularly for the higher oil prices, they provide a double whammy of support for the local unit.

“The ringgit has been an underdog most of the year but its strong beta to commodity markets are now making it a leader of the pack.

“And it suggests the ringgit could be poised to test the key psychological 4.0 level against the US dollar, possibly as soon as next week,” he told Bernama.

Throughout this week, the ringgit continued to make inroads against the greenback, marking the 10th consecutive weekly gain versus the US dollar, even as the local note marched upwards in tandem with rising oil prices.
The heightened risk appetite also served as tailwinds for Asian currencies with many reaching multi-year highs over recent weeks.

The local market was closed on Friday for New Year holiday and will resume trading on Monday, Jan 4, 2021.

On a Thursday-to-Thursday basis, the ringgit was 390 basis points higher against the US dollar at 4.0200/0250 versus 4.0590/0620 in the previous week.

The local currency was also traded firmer against other major currencies except for the Singapore dollar.

It appreciated against the Japanese yen to 3.9018/9078 from 3.9153/9193, improved versus the British pound to 5.4905/4977 from 5.5186/5243 and gained against the euro to 4.9358/9427 from 4.9479/9528 from last Thursday.


## https://www.theedgemarkets.com/article/ringgit-expected-strengthen-40-against-us-dollar-next-week

Posted by Keyman188 > 2021-01-04 16:56 | Report Abuse

If too strong ringgit against US dollar, not good for export-oriented company

Posted by Derrick Gan > 2021-01-04 17:11 | Report Abuse

Disappointed peformance if you are short term trader for today.

Posted by bullrun1985 > 2021-01-04 17:13 | Report Abuse

Derrick, pls check the US tariff for us if any

Posted by bullrun1985 > 2021-01-04 17:21 | Report Abuse

We believe that all timber used for the US market are legal. This is partly due to the fact that so much of our wood comes from the US. Vietnam is the second largest buyer of US timber exports in the world,” said Nguyen Quoc Khanh, chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City.

Posted by zen_2k > 2021-01-04 17:23 | Report Abuse

tomorrow i can contemplate adding, haha see gt cheap ticket or not

Posted by zen_2k > 2021-01-04 17:25 | Report Abuse

but maybe look see look see 1st, cuz Liihen is in approved regulated short selling list, if Liihen down, pohuat will more or less folo in the short term despite fundamentals. Market short run is voting machine, but long term is weighing machine, play it our advantage

Posted by bullrun1985 > 2021-01-04 17:29 | Report Abuse

Zen2k, looks like pohuat is using the US timber to make their furniture

Posted by zen_2k > 2021-01-04 17:33 | Report Abuse

doesnt matter, they earn their revenue in USD also, so they use USD to buy their timber no hal
the issue is with strengthening MYR, revenue will drop

Posted by Derrick Gan > 2021-01-04 18:01 | Report Abuse

For political view, under first year Biden , he will focus on their covid pandemic , unemployment under US and stop unfriendly against China and others country.
Therefore , tariff threat will not happen during his first year.
Meanwhile, if really happen, is not easy for US buyer switch their order to others country , it may take around a year if buyer looking for new supplier. Short term threat is weak USD cause revenue drop.

Posted by bullrun1985 > 2021-01-04 20:31 | Report Abuse

Derrick, u work in Muar or Kl

Posted by Derrick Gan > 2021-01-04 21:51 | Report Abuse

Muar, as previous stated, same Industries as poh huat. Company, P

Posted by bullrun1985 > 2021-01-05 10:22 | Report Abuse

Derrick, Muar covid case serious or not???

Posted by Derrick Gan > 2021-01-05 11:38 | Report Abuse

From Newspaper , seem serious but actually not really serious, most of number was from foreigne worker hostel and MPM had been banned all foreigne worker out from their hostel as temporary countermeasure.

Posted by bullrun1985 > 2021-01-05 15:06 | Report Abuse

zen2k, pohuat keep selling.... how????

Posted by bullrun1985 > 2021-01-05 16:19 | Report Abuse

limit down tomorrow

Posted by zen_2k > 2021-01-05 17:02 | Report Abuse

hmm hw come liihen up pohuat down xD, i havent topped up today la, waiting for trend to end, i still holding cuz still green for me, and the reasons of why i invested is still thr, will accumulate when downward trend ends. But gauge ur own scenario urself, i cant advise to hold or to cut loss or apa, u know urself best

Posted by Derrick Gan > 2021-01-05 19:32 | Report Abuse

Cannot understand why last hour drop.

Posted by yfchong > 2021-01-05 20:18 | Report Abuse

Boss buys on come back

Posted by bullrun1985 > 2021-01-05 20:48 | Report Abuse

All trapped at 18th floor

Posted by bullrun1985 > 2021-01-06 09:09 | Report Abuse

one more time limit down today????

Posted by bullrun1985 > 2021-01-06 09:47 | Report Abuse

Derrick, what is your strategy now??? index red red

Posted by Derrick Gan > 2021-01-06 10:49 | Report Abuse

For me, no action and hold,Overall my portfolio still ok(I invest and diversify with others counter as well) , from short term, price had been broke MA20,MA50 and lucky able hold on MA200,my advise hold wait wait for break MA20,current MA20 is 1.72.
For me , next 6 months i still look good for me. I hope i am right.
Invest at your own risk.

Posted by zen_2k > 2021-01-06 14:15 | Report Abuse

Poh huat doing share buyback

Posted by Derrick Gan > 2021-01-06 15:43 | Report Abuse

Good move, I think there had a lot of cash and do buy back for undervalue's share price and stable their share price.

Posted by bullrun1985 > 2021-01-06 16:19 | Report Abuse

they purposely press down the pricce and buy back at lower price

Posted by zen_2k > 2021-01-06 16:29 | Report Abuse

who is "they"? hahah dun think a conspiracy theory helps. If you wanna press down, means you have to throw ur tickets to press, but u think easy to buyback the same amount of tickets meh? Plus later SC will come kacau lol.... i think its just retailers lose confidence, panic sell, and director knowing the intrinsic value, saw that its a good time to do sbb, especially since they hav lots of cash which cannot be utilised elsewhr (they could have done an expansion plan or better dividends thou ahahhah)

Posted by bullrun1985 > 2021-01-06 16:40 | Report Abuse

zen2k, if you watch the sell down last hour yesterday, then you know what I mean

Posted by bullrun1985 > 2021-01-06 16:41 | Report Abuse

2 days sell down only involve 5 mil shares

Posted by zen_2k > 2021-01-06 18:08 | Report Abuse

Mayb mayb, anyhow no pt guessing unless u wanna make report to the SC xD

Ppl sell down mayb good for us bwat, cheaper ticket huehue i added another batch at 1.6 dy xD

Posted by bullrun1985 > 2021-01-07 09:16 | Report Abuse

diehard this time.

Posted by bullrun1985 > 2021-01-07 10:36 | Report Abuse

zen2k, what is your strategy now???

Posted by zen_2k > 2021-01-07 11:27 | Report Abuse

Hold and wait lo AHAHAHAH

Posted by bullrun1985 > 2021-01-07 11:47 | Report Abuse

earn dividend for 3 year also can not cover the losses

Posted by zen_2k > 2021-01-07 12:37 | Report Abuse

u bought at high isit? I can afford to chill cuz mine still green...

Posted by bullrun1985 > 2021-01-07 14:56 | Report Abuse

pohuat continue sideway until further notice................

Posted by yfchong > 2021-01-07 16:45 | Report Abuse

Manage to cost down

Posted by yfchong > 2021-01-07 16:56 | Report Abuse

Die liau need to cut loss

Posted by yfchong > 2021-01-07 17:42 | Report Abuse

Strong support at 1.40.???