@SinGor, true, but market cap much too small, may be easily manipulated, but at first glance seems like a good turnaround ctr, havent looked into fundamentals, no time.
Pohuat is doing fine if u ask me, my lil cash cow :D
I had refer to DPS, 90% of revenue from property and around 10% from furniture. Meanwhile on Jan'21 do fund rising through PP. Totally different industry and cannot compare both company at same approach and level. Pohuat should compare with Spring Art or Mobilia or Liihen or Homeriz.
Furniture sales for current year still hot.Next quarter should be OK.Share price drop I think market over react. For myself , hold., if drop , buy more.
Current share market did not focus on furniture , therefore volume very low and price can't move.Wait for Liihen result first. market will know how to react.
timber price up did not related with Poh Huat. Panel furniture concern on chipboard, hardware and carton price increase . Most of Western customer can accept price increase during this period. Therefore,affect should be minimum.
Poh Huat and Lii Hen at Jorak, Bakri is another area ,more than 10km, Bakri - listed company Homeritz, Mobilla , affected listed company can refer to their bursa company announcement. Others affected company like LB , Timxxxxxx, UXXXXX and etc... from small to medium size company.
Latitude tree so far the best furniture counter, they had tested all their foreign workers and with zero positive cases. LT is at Kapar, Klang. LT is the biggest and the best furniture company in Malaysia. LT provides much better hostels to their foreign workers and much better than glove makers in Klang. That explained why so far they hv zero positive cases after tested all their foreign workers.
Furniture export trend ongoing no change. 3rd world cost 1st world revenue. Low PE you hold and sleep you'll see your money grow. But of coz better if bought at 80 cents la lol
Liihen's revenue increase but Profit decrease due to shutdown 1 month for whole group. Poh Huat encounter shutdown as well but Vietnam still operation. Therefore impact should not as worst as LiiHen. My forecast, Poh Huat revenue will increase as well because furniture sales to US still good. QoQ should be better than last qtr, YoY should be better than last year. But it cannot as good as last year Q4. Current price drop because ppl saw LiiHen result not good from general. I still hold. now drop almost my last year buying price.
No, production line will be fully load,office 60%. 上有政策,下有对策。Office 40% WFH most of furniture manufacturer are acceptable but foreign worker should let them work or else no point ask them stay at hostel.
The coming qtr will not be affected by shutdown as the shutdown was in Jan’2021 The coming QR is for Feb, Mar and Apr 2021. PH will follow Latitude good results in the coming quarter. Both hv operations in Vietnam as Latitude Vietnam contributed to the good results of Latitude, so PH Vietnam will also going to contribute great profits to PH in the coming quarter like Latitude. Unlike LiiHen hv no operations in Vietnam and LiiHen is producing lower grade furniture compared to Latitude and PH.
Latitude is a better manage group compared to pohuat and LiiHen. Till today, Latitude had tested all its foreign workers but with zero positive cases and never been forced to shut down by authorities, whereas LiiHen and PH had been forced to shut down by authorities several times. LiiHen is the worst.
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....
sengtan
188 posts
Posted by sengtan > 2021-03-26 09:36 | Report Abuse
no big drop. price w recover. still maintain 1 cent dividend similar to last year same quarter