Posted by SongYau9 > 2021-09-04 21:09 | Report Abuse

Vietnam Lockdown - Stop Production
Muar Stop Production
GG soon

Posted by thesteward > 2021-09-05 00:06 | Report Abuse

https://www.reuters.com/world/asia-pacific/vietnams-biggest-city-proposes-sept-15-economic-restart-after-lockdown-2021-09-03/

Posted by Derrick Gan > 2021-09-05 08:21 | Report Abuse

Some of furniture factory will start resume their operation next week include my workplace.

Posted by thesteward > 2021-09-05 22:29 | Report Abuse

Great

Posted by thesteward > 2021-09-05 22:30 | Report Abuse

Great

Posted by Uniglobe > 2021-09-06 10:37 | Report Abuse

Bad congestion at Vietnam ports resulted increased in logistics and unnecessary costs.
Shipments delayed, diverted or cancelled by buyers resulted GP margins dropped.
Bad for those with operations in Vietnam.

Posted by frankco > 2021-09-06 12:38 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E5%B9%B4%E6%9D%AA%E5%8F%AF%E5%A4%8D%E5%8B%87-%E5%AE%B6%E5%85%B7%E4%B8%9A%E2%80%9C%E4%B8%89%E5%A5%BD%E2%80%9D%E7%95%99%E4%B9%B0%E5%AE%B6

Posted by UncleFollower > 2021-09-06 16:31 | Report Abuse

the thing about a fundamentally strong company is you can ignore the noise and fluctuations, do nothing and wait for big gains

Posted by bullrun1985 > 2021-09-13 10:38 | Report Abuse

Juz called Poh Huat, the vietnam factory closed since July. dunnot when open

Posted by mamatede > 2021-09-13 15:28 | Report Abuse

export oriented counter might benefits with the fed tappering

Posted by Uniglobe > 2021-09-14 10:55 | Report Abuse

Latest Updates
13-9-21
As of September 13, 2021, Vietnam’s Ministry of Health confirmed a total of 613,375 cases of COVID-19. However, 374,578 of the affected patients have recovered and been discharged from hospitals. Vietnam has also recorded 15,279 deaths due to the pandemic. The latest community transmission cases have been reported from Ho Chi Minh City, Binh Duong, Dong Nai, Long An, and Kien Giang among others.


Poh Huat factories are in Dong Nai and Binh Duong. Both operations had been halted or operated at below 30% since July, that means almost 2 months without proper production and may be extended further due to the covid situation in both districts still not controllable and getting worse.

Posted by cherry88 > 2021-09-18 19:54 | Report Abuse

bullrun1985, who do you call in Poh Huat ? When are they going to release the results ?

Posted by bullrun1985 > 2021-09-20 09:29 | Report Abuse

cherry88, is the guy answer my question..........

Posted by bullrun1985 > 2021-09-20 15:01 | Report Abuse

Derrick, Any stop work order for furniture factory due to covid cases?

Posted by Derrick Gan > 2021-09-20 19:05 | Report Abuse

@Bullrun1985, now factory do self-test, if few cases, i think most of factory choose no report to kkm and do self quarantine. If 20% of worker kena covid, they need to report.
Now, buyer start chasing for their sales order after resume work, i do see any cancellation from buyer yet.(Not easy for buyer do switching)

Posted by bullrun1985 > 2021-09-21 09:27 | Report Abuse

Vietnam factory still close since July

Posted by mamatede > 2021-09-22 16:01 | Report Abuse

Vietnam factory close, Malaysia factories open... why worry?

Posted by bullrun1985 > 2021-09-22 16:46 | Report Abuse

Revenue drop, then the price stagnant until full operation start

Posted by Uniglobe > 2021-09-23 18:59 | Report Abuse

July and Aug already reported losses.
Sept also expected to report losses.
At present, no sign of any improvement in Vietnam.

Posted by bullrun1985 > 2021-09-27 16:11 | Report Abuse

Anyone still holding bohuat?

Posted by Derrick Gan > 2021-09-28 09:10 | Report Abuse

Bullrun1985, i think person who read and write this forum still holding pohuat. Haha...

Posted by bullrun1985 > 2021-09-28 09:36 | Report Abuse

hahaaaa, you are righ also. later 51% of pohuat will be treated as gift to Bumi

Posted by lookanpeng > 2021-09-28 18:41 | Report Abuse

3rd QR is out QoQ and YoY both are better .see
tomorrow price up!!

Posted by moneySIFU > 2021-09-28 23:41 | Report Abuse

Good result & some personal points of view after brief reading over QR:

1) Receivables turnover is 30 days = very encouraging
2) inventory increased 24% from 92mil to 115mil.
3) total equity = 462mil vs Market value = 376mil

————————

I found below interesting to me:

assuming both Malaysia & Vietnam back to normal upon fully vaccination:

Malaysia in 9M20 = 209mil
Vietnam in 9M21= 330mil
Total sales if back to normal = 539mil


Best case assumptions on Profit before tax:

Malaysia in 9M20 = 23.764 mil
Vietnam in 9M21= 38.549 mil
Total PBT if back to normal = 62.3mil

Posted by moneySIFU > 2021-09-28 23:50 | Report Abuse

See how market react tomorrow

Posted by bullrun1985 > 2021-09-29 16:41 | Report Abuse

market die die

Posted by mamatede > 2021-09-30 14:59 | Report Abuse

Vietnam lift lockdown de, what r u waiting for?

Posted by mamatede > 2021-09-30 15:02 | Report Abuse

https://www.theedgemarkets.com/article/vietnams-biggest-city-start-lifting-covid19-curbs-spur-business

Posted by bullrun1985 > 2021-10-01 09:49 | Report Abuse

today no body sell, how to buy????

Posted by bullrun1985 > 2021-10-01 15:38 | Report Abuse

Ho Chi Minh City eased curbs and social distancing measures from October 1. Several business activities with capacity restrictions were allowed to resume including, offices, industrial parks, export processing zones, high-tech parks, barbershops, gyms, museums, weddings, supermarkets, convenience stores, restaurants (only takeaway), and in person grocery shopping. Bars, spas, karaoke and massage parlors, movie theaters, nightclubs, street vendors, and lottery ticket vendors among others will continue to be suspended. Public transport in and out of the city also remains suspended.

Posted by bullrun1985 > 2021-10-01 16:12 | Report Abuse

capacity restriction, not full capacity. damn vietnam government

Posted by bullrun1985 > 2021-10-01 16:33 | Report Abuse

Derrick, now the furniture factory in Muar working hours how?

Posted by Derrick Gan > 2021-10-02 08:11 | Report Abuse

Most of factory work at full load and some of them work until 10 or 11pm. Too many backlog.

Posted by bullrun1985 > 2021-10-02 12:59 | Report Abuse

Tq Derrick

Posted by Invest_888 > 2021-10-03 17:48 | Report Abuse

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it is only 87cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

Posted by bullrun1985 > 2021-10-05 10:36 | Report Abuse

https://www.reuters.com/world/the-great-reboot/we-are-tired-workers-flee-vietnams-largest-city-long-lockdown-eases-2021-10-04/

Posted by zen_2k > 2021-10-11 15:20 | Report Abuse

I still holding, green and reaping dividends hehe

Posted by moneySIFU > 2021-10-11 16:56 | Report Abuse

nanyang newspaper effect?

Posted by bullrun1985 > 2021-10-11 20:41 | Report Abuse

Today limit up 2 cent

Posted by andyvin07 > 2021-10-12 12:20 | Report Abuse

@zen_2k this year only 1 sen dividend declared so far...no dividend for Q2 and Q3 ....haiz...

Posted by Uniglobe > 2021-10-14 17:33 | Report Abuse

Beware, seeing red in Qtr 4. Sell now and to buy back after Christmas as going to have good discount after Christmas and after qtr 4 announcement.

Posted by bullrun1985 > 2021-10-15 14:55 | Report Abuse

buy now and the price big dip time then buy again to average

Posted by yfchong > 2021-10-23 20:20 | Report Abuse

Declare dividend boh

Posted by lcng123 > 2021-10-23 21:26 | Report Abuse

Uniglobe, you have any supportive info to support your comment that Pohuat may seeing red in Qtr 4 ? Pohuat never posted a single -ve Qtr for the past 10 years and from Aug to Oct 2021 was no lockdown at all. Business operation in Malaysia and Vietnam has back to normal

Posted by zen_2k > 2021-10-24 16:53 | Report Abuse

@andy, hard times, may be wise to stop declaring dividends for emergency cases... then when things go back to normal, and no good place to utilize the emergency funds, can "re-declare" dividends, I think is a wise move wor

Imagine declare dividends le later smtg bad happen no cashflow to save company, need to do PP or whatsover, dilute our shareholdings je, even worse

Posted by zen_2k > 2021-10-24 16:54 | Report Abuse

hold long term, shud be fine; i held this since last year

Posted by RainT > 2021-10-24 16:55 | Report Abuse

In Asia

none of shares can hold long term

u will loss money

usia don't have competitive advantage for long such as at USA

Posted by RainT > 2021-10-24 16:55 | Report Abuse

*
in msia

Posted by bullrun1985 > 2021-10-25 09:00 | Report Abuse

Zen2k, Pohuat got alot of bullet 180 mil, but refuse to pay any dividend so far, pay 1c to holder for happy lah

Posted by Kei2 > 2021-10-25 13:17 | Report Abuse

Lol. 2c divi coming