Posted by moneySIFU > 2021-02-02 23:15 | Report Abuse

Any price below 1.55 may be good to hold longer term?

Posted by zen_2k > 2021-02-03 16:44 | Report Abuse

yea, better than FD, and solid support at somewhat that 1.55 ish areas anyways

Posted by moneySIFU > 2021-02-03 23:44 | Report Abuse

Truly, I treat this as better than FD alternative, stable business & company with good management

Posted by moneySIFU > 2021-02-04 10:22 | Report Abuse

Having buying from as low as RM1.52 & below 1.60, continue keep for dividends

Posted by Derrick Gan > 2021-02-04 11:10 | Report Abuse

If Price should able sustain above 1.68. Next target will forward to 1.76 to 1.88

Posted by zen_2k > 2021-02-04 11:47 | Report Abuse

times like this u will be sad ud dint collect more at 1.5 ish HAHAH

Posted by bullrun1985 > 2021-02-04 12:05 | Report Abuse

Buy buy buy

Posted by zedgehong > 2021-02-04 16:40 | Report Abuse

Any suggestion for MOBILIA , New IPO ?

Posted by onionchong > 2021-02-04 17:40 | Report Abuse

Uptrend confirmed. Buy before too late

Posted by Derrick Gan > 2021-02-04 17:54 | Report Abuse

Mobilia is wooden base, profit better then panel base.
Their market cap after listed = 92m only. Their turnover should around RM50m to RM60m per year.
Their sales should compare with Spring Art and spring art market cap was 192m.
But during this period , new IPO should able get a bit angpao profit but don't expect for 20% to 30% gain.

Posted by Derrick Gan > 2021-02-04 20:27 | Report Abuse

double bottom or w trend appear，high possibility break 1.73 on next few days.

Posted by yfchong > 2021-02-04 22:08 | Report Abuse

1.73.......up to 2.15

Posted by bullrun1985 > 2021-02-05 09:31 | Report Abuse

yfchong, you missed it at 1.40. haha

Posted by zen_2k > 2021-02-05 17:07 | Report Abuse

if rlly hit 2.15... hoseh

Posted by yfchong > 2021-02-05 18:13 | Report Abuse

Ok lah huat together mah

Posted by bullrun1985 > 2021-02-08 09:06 | Report Abuse

juz bought at 1.72

Posted by moneySIFU > 2021-02-08 12:18 | Report Abuse

Good company is always a good company, started to buy at 1.74, continue bought all the way down to 1.52, now come back at 1.74, well done Mr Market

Posted by zen_2k > 2021-02-08 12:58 | Report Abuse

Ya yf hopefully can huat together

Posted by bullrun1985 > 2021-02-10 09:34 | Report Abuse

zen2k, what is your strategy now?

Posted by Bamboo Green > 2021-02-10 20:29 | Report Abuse

Nice closing

Posted by yfchong > 2021-02-11 13:09 | Report Abuse

Edge 2 cts higher...... wish every one here huat ar........

Posted by yfchong > 2021-02-11 17:03 | Report Abuse

Wishing all the forumers celebrating springs holiday here a blessing CNY... huat ar.... and those not a good holidays... stay safe n health....

Posted by zen_2k > 2021-02-15 22:33 | Report Abuse

@bullrun hi long time no see, lately a bit busy, im just leaving in sitting in my acc, hold je, since i told u i hold long, all the best bro, late happy chinese new year wishes to all :D

Posted by zen_2k > 2021-02-15 22:34 | Report Abuse

leaving it* sitting

Posted by Derrick Gan > 2021-02-17 15:41 | Report Abuse

fibonacci extension - breakout 1.78 and forward to 1.88 and next to 2.01 with possible good result announce on Mar'21.

Posted by zen_2k > 2021-02-17 18:57 | Report Abuse

wont think of selling when i can collect good dividends, unless it goes to some crazy high price in the short term, say ... rm2.1 haha

Posted by bullrun1985 > 2021-02-19 09:28 | Report Abuse

keep dropping, why?

Posted by Derrick Gan > 2021-02-19 11:02 | Report Abuse

Liihen Qtr result below market expectation, and liihen share price drop, market forcast Pohuat may encounter same issue when result release next month. Therefore both share price drop. My 2 cent.

Posted by bullrun1985 > 2021-02-19 11:09 | Report Abuse

Liihen havent release the result

Posted by Derrick Gan > 2021-02-19 11:17 | Report Abuse

LiiHen result out 18/Feb/2021, Revenue up but net profit down due to shipment issue and weak USD, Meanwhile ,cash flow for Liihen make market worry. But Cash in hand issue will not happen on Poh Huat because Poh huat a lot of cash in hand if compare with liihen.

Posted by bullrun1985 > 2021-02-19 12:31 | Report Abuse

no wonder Liihen like sky fall this morning

Posted by Flying Fox > 2021-02-19 13:42 | Report Abuse

Disappointed result for Liihen, revenue up but cost went up even faster

Shipping costs increased 3 times compared to last year, shipping fee is still at peak, short term no chance to go down. So cost will continue to be higher & lower margin will be for the next Q

Posted by Flying Fox > 2021-02-19 13:45 | Report Abuse

Pohuat had hinted in the previous quarter that they are facing the same issue, sky rocketed shipping fee.

Better get ready for not so good result from Pohuat and BRACE FOR FALL TOO

Posted by Flying Fox > 2021-02-19 13:49 | Report Abuse

Worth to take note that Pohuat has been running at 94~98% capacity for Malaysia & Vietnam factories.

USD weak & NOT heard from management that selling price goes up.

So, Upside is near the ceiling, not much room.

But downside is comparatively much larger room. If you reach the ceiling, where can you go next?

Normally stay there, or worse, anytime fall

Posted by Flying Fox > 2021-02-19 13:51 | Report Abuse

Seem like no reason to go up, next reasonable TP should be current price or LOWER PRICE.

Posted by Flying Fox > 2021-02-19 13:56 | Report Abuse

Don’t say like that to Liihen, later you will say in Liihen forum the same for Pohuat.

My 2 cents advice is Pohuat will join Liihen soon, they are abang adik mah.

bullrun1985 no wonder Liihen like sky fall this morning
19/02/2021 12:31 PM

Posted by bullrun1985 > 2021-02-19 15:03 | Report Abuse

i bought some at 1.67 this morning

Posted by Derrick Gan > 2021-02-19 15:09 | Report Abuse

@Flying fox, FYI , for most of furniture manufacturer , shipment cost was borne by buyer not seller. Therefore, shipment cost will not affect. From there report, higher material cost and labour cost affect their profit, YoY revenue drop was due to shipment unable to ship out due to container shortage.
Anyway, market had react on both share price on Liihen and Pohuat.

Posted by Flying Fox > 2021-02-19 15:23 | Report Abuse

thank you for enlightening about the shipping cost, Derrick Gan

Posted by Flying Fox > 2021-02-19 15:26 | Report Abuse

I will still stick to my opinion that the sales of Pohuat has reached the ceiling due to limitation of production capacity.

Posted by Flying Fox > 2021-02-19 15:27 | Report Abuse

Any price below RM1.60 is safe to go in, any price above RM1.80 is reaching ceiling.

Posted by Derrick Gan > 2021-02-19 15:42 | Report Abuse

Flying Fox, agreed but on short terms only. FYI , most of furniture industries order able to get full capacity order for whole year 2021. therefore ,if their capacity can be same as last qtr(EPS = 0.09). Whole 4 qtr EPS should be around 0.06 to 0.09. Total 4 qtr can be 0.22 - 0.28 , PE will be very low, therefore in long run maybe can hit 2.00 to 2.20.

Posted by zen_2k > 2021-02-20 17:33 | Report Abuse

And where did u find out that Pohuat is running at 94~98% capacity? Pls do enlighten, would very much appreciate the data

Posted by zen_2k > 2021-02-20 17:35 | Report Abuse

that was why i was wondering last quarter, why no funding allocated for expansion plan instead? Long run 5 years down the road, management dont foresee growth in furniture market huh?

Posted by zen_2k > 2021-02-20 17:36 | Report Abuse

I think they factored in workers covid test cost and medical cost into production cost kot, such costs should be borne by company if not full but also partially?

Posted by zen_2k > 2021-02-20 17:37 | Report Abuse

anyways market reacted very little on pohuat for now, so if qr unsatisfying pohuat still gt room for fall, but ill be looking forward to accumulating another batch, still eyeing rm2ish TP in the mid term

Posted by zen_2k > 2021-02-20 17:50 | Report Abuse

the calculation is simple, if there is alrdy a good orderbook for next few quarters, then there should at least be some modest revenue and profit. Last quarter was 9.2 EPS.

Let's say next 4 quarters 5+6+5+7 (assuming next qr not good due to worker contracting covid, additional costs etc; middle 2 quarters average-ish; and year-end quarter slightly good as that is the trend every year) total EPS is 23cents. Let's say we maintain a PE of 9. PE * EPS = Price, so 0.23*9 = 2.07. If PE 8 1.84.

The pros of investing in boring stock. Easy calculation lol. Id say 1.7 is fair value at this point. Any price below 1.6 is undervalue. Mid-long term TP rm2+ no problem.

Posted by Derrick Gan > 2021-02-22 08:27 | Report Abuse

@zen_2k, this is calculation I invested in this counter. Meanwhile, I am in this industry and i know current trend.
If eye for short term, current price was quite boring.
If eye for longer terms(what i mean with 1year), it had room to growth

Posted by zen_2k > 2021-02-22 13:06 | Report Abuse

Thx Derrick, lets sit tight and watch the show

Posted by yfchong > 2021-02-23 07:32 | Report Abuse

It gets 1.50.... can add more.