POH HUAT RESOURCES HOLDINGS

KLSE (MYR): POHUAT (7088)

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Last Price

1.47

Today's Change

0.00 (0.00%)

Day's Change

1.46 - 1.49

Trading Volume

763,500


14 people like this.

9,905 comment(s). Last comment by Cash99isKing 11 hours ago

zen_2k

617 posts

Posted by zen_2k > 2021-10-28 01:14 | Report Abuse

@RainT then bohbian lo, sell and invest in stocks u see are well in NASDAQ or NYSE then

UncleFollower

1,111 posts

Posted by UncleFollower > 2021-11-03 14:40 | Report Abuse

This became my refuge stock to sell to buy others when market falls lol

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-11-10 10:14 | Report Abuse

Pohuat = FD. the price no move at all

cherry88

977 posts

Posted by cherry88 > 2021-11-10 14:23 | Report Abuse

Haha. You should invest into TAFI

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-11-10 15:14 | Report Abuse

Pohuat please pull down kuat kuat, let me collect more, no up then down faster

Posted by risktoreward > 2021-11-21 00:38 | Report Abuse

enter pohuat 1.45

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-11-22 14:36 | Report Abuse

enter at 1.43

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-11-23 16:23 | Report Abuse

hopeless counter..............................

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-11-26 15:36 | Report Abuse

Any one still holding bohuat?????

yfchong

5,743 posts

Posted by yfchong > 2021-11-27 07:03 | Report Abuse

It becomes baby bo huat

Posted by NatsukoMishima > 2021-11-28 10:47 | Report Abuse

Furniture sure will become USA n EU target on forced labour n deforestation issue ! Wait and see !

Uniglobe

28 posts

Posted by Uniglobe > 2021-11-30 11:34 | Report Abuse

The coming qtr announcement in Dec, maybe after Christmas going to be bad as LiiHen, Weg and Latitude already announced bad qtr results in Nov …..

cherry88

977 posts

Posted by cherry88 > 2021-11-30 14:37 | Report Abuse

Think about it. Its Vietnam factory had been locked down since mid July to end of October 2021 (as per Vietnam government lock down announcement). So you could expect a bloody red in Vietnam operations. Malaysia lock down since early Jun to mid of September. Again, you could expect a bread-even in Malaysia operation given there is 1.5 months of operation. So, in total, there is almost no way to be in profitable in their final quarter ending October.
As per LiiHen announcement, we could imagine the same challenges in Poh Huat operation, i.e. increasing raw material, labour shortage, transport issue and worst still, the supply chain disruption. So, it is lack of near-term catalysts.

Posted by Derrick Gan > 2021-11-30 15:38 | Report Abuse

After Sept'21 vaccination, most of furniture had run at full load, all back order shipped on Sept and Oct'21. Therefore Qtr4 should be profitable.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-11-30 16:52 | Report Abuse

bohuat earn 2c dividend, end up lose 10c capital

cherry88

977 posts

Posted by cherry88 > 2021-11-30 17:20 | Report Abuse

Please take note seriously.....As per LiiHen announcement, we could imagine the same challenges in Poh Huat operation, i.e. increasing raw material, labour shortage, transport issue and worst still, the supply chain disruption. So, it is lack of near-term catalysts.
Don't expect to report any profit in 4q. (A small loss is a bonus). Challenging road ahead. Don't play play. As Chinese saying : there are plenty of flowers out there, why only focus on one"

C 88

75 posts

Posted by C 88 > 2021-11-30 18:56 | Report Abuse

"The Malaysian operations have been restarted. Productivity is being increased following a 3.5-month suspension of operations from 1 June to 10 September 2021 due to movement control restrictions. Meanwhile, management indicated that the Vietnam operations may incur a loss in 4Q21 due to the suspension of the manufacturing plant since 19 July 2021. This is due to the Vietnamese government's implementation of movement restriction measures to contain
the Covid-19 outbreak. Meanwhile, the group has applied for wage subsidies covering up to 75% of the basic salary of its Vietnam employees. At this point, all its workers in Malaysia have been vaccinated. In Vietnam, 90% of workers
had completed the first dose. "

From TA securities on 8 Oct 2021.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-01 09:37 | Report Abuse

Cherry88, you still keeping bohuat???

cherry88

977 posts

Posted by cherry88 > 2021-12-01 09:56 | Report Abuse

are u kidding ? I am now in SCOMNET.....I only focus few stocks at a time...

cherry88

977 posts

Posted by cherry88 > 2021-12-01 10:09 | Report Abuse

@bullrun. Just do a simple calculation. Assuming it can break-even in its final quarter 2021 results, its EPS for full year will be 13.49 sen (This is very good). Assume industry PE valuation is 7x, its target price is only 95sen ! Let's say u wanna value it at 10x PE, then it is RM1.35 (which is what the market is expecting at current level)......and u know this figure is very optimistic !

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-01 10:14 | Report Abuse

I thought you invested in Tafi

cherry88

977 posts

Posted by cherry88 > 2021-12-02 14:04 | Report Abuse

Will there be any forced labour issue in furniture industry ?

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-02 14:09 | Report Abuse

Sor Hai Andy hall shud investigate every mfg companies in Malaysia

cherry88

977 posts

Posted by cherry88 > 2021-12-02 14:18 | Report Abuse

Why he is so free ?

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-06 10:30 | Report Abuse

Bohuat keep or sell? dropping since ex the dividend

cherry88

977 posts

Posted by cherry88 > 2021-12-06 10:53 | Report Abuse

@bullrun1985, still ask ? Look at price chart. When they announced their final quarter results last year, what was the price ? (answer : around 1.70). What was the price when they announced the 2q results last year ? I use 2q results because it was normally the weakest quarterly results. (answer : around 1.20). And 1.20 was the price before covid selldown in March 2020. So the best case scenario should be RM1.20 level....
I have analysed both from fundamental, technical and market expectation angle.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-06 11:08 | Report Abuse

so you recommend to buy scomnet

cherry88

977 posts

Posted by cherry88 > 2021-12-06 11:35 | Report Abuse

I did not recommend you to buy or sell....i am only telling you what I did....

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-06 11:37 | Report Abuse

thanx cherry

zen_2k

617 posts

Posted by zen_2k > 2021-12-07 09:47 | Report Abuse

shouldnt judge price based on past qtrs thou, prices are forward looking, so 1.2 was baking in bad expectation for current qtrs, which has turned out to be true; now prices are back up bcuz it is expected that things will recover, nevertheless cheers cherry, I have a diff time horizon so still planning to hold/accumulate

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-07 11:22 | Report Abuse

besides zen2k, anyone still keeping this bohuat????

Posted by NatsukoMishima > 2021-12-13 10:15 | Report Abuse

Never touch any counter which is over 50% hired migrant labors because the rules have changed for counter like this , previously hired as many as foreigner would really benefited company but now it will only drag down the share price atleast 50% if targeted by western countries n need to bear for the highest ESG cost for foreiners ! Poh huat share price is quite high now , buy only around rm 1.00 make safe !

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-14 15:31 | Report Abuse

derick still keep this bohuat???

Posted by Derrick Gan > 2021-12-15 22:11 | Report Abuse

I still keep this counter.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-16 06:37 | Report Abuse

Look at Jaycorp, bonus issue out oso drop kaw kaw

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-17 10:22 | Report Abuse

pohuat keep dropping, anyone buying??

Posted by Lukesharewalker > 2021-12-17 13:13 | Report Abuse

Mid term stock. Eps circa 20 cents. Bargain now

Posted by Lukesharewalker > 2021-12-17 16:42 | Report Abuse

Think it will go up once bad 4Q results is announced. Expected. Worst is over.

Some accumulation seen

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-17 16:58 | Report Abuse

you go to see Liihen, worst is over but the price still no move

Posted by Lukesharewalker > 2021-12-20 11:09 | Report Abuse

Won't be cheap after this QR

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-20 14:27 | Report Abuse

Liihen cheaper after announce the recent QR

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-22 10:16 | Report Abuse

Derick, any flood in Muar affecting the factory??

mamatede

3,950 posts

Posted by mamatede > 2021-12-23 08:10 | Report Abuse

will all this flood create demand for new furnitures?

Posted by Lukesharewalker > 2021-12-23 12:19 | Report Abuse

Hahaha...1000 can buy a lot of furniture

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-23 15:19 | Report Abuse

bohuat will be goreng up to RM20 due to excessive demand, same like glove counter last year

Posted by Kitty Kitty > 2021-12-23 16:08 | Report Abuse

the goreng thing is merely gimmick to push up shares. Pohuat does not significantly supply for Malaysia market. According to their report, only 10% for Malaysia, Singapore, Middle East and UK. Bulk of their sales are derived from Canada and US at almost 90%.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-28 14:35 | Report Abuse

RM20 on the way now, please hoot kaw kaw

bullrun1985

1,271 posts

Posted by bullrun1985 > 2021-12-30 17:21 | Report Abuse

Big loss in the history, declare 2c dividend

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