Posted by Lukesharewalker > 2022-10-11 09:07 | Report Abuse

Exchange is 4.67 today. Hello 4.80

Posted by bullrun1985 > 2022-10-11 09:18 | Report Abuse

pls makan my ticket at 1.50, dont promote so much. action pls

Posted by Lukesharewalker > 2022-10-12 09:08 | Report Abuse

Exchange is 4.68 today. Hopefully the operator would sell down more

Posted by bullrun1985 > 2022-10-13 09:52 | Report Abuse

luke, pls buy buy, dont promote again, obviously operator run liao

Posted by Lukesharewalker > 2022-10-13 11:17 | Report Abuse

No lah. Roadblocks set up. Accumulation begins for Dec QR. Operator waiting for weak holders. Exchange is 4.69 today.
Patience

Posted by Lukesharewalker > 2022-10-13 11:29 | Report Abuse

No matter how you look at it this stock has the potential to end 2022 with an eps of 30 cents.
Too cheap to ignore

Posted by Lukesharewalker > 2022-10-13 11:32 | Report Abuse

Obviously the operator is a major shareholder maybe privatisation is on the cards

Posted by Lukesharewalker > 2022-10-13 11:36 | Report Abuse

It had 70 cents backed cash. The company operation in Vietnam and Malaysia worth only 63 cents?

Posted by Kitty Kitty > 2022-10-13 13:07 | Report Abuse

This company has been well managed all this time. The slowdown effect in consumer spending has yet to be significant. Perhaps in another few quarter. Pohuat currently is still able to deliver their inventories to US market until the order slows down. Profit will continue to go up but will come down soon enough when the critical point for US market reached. Nevertheless, I would opt to look for entry at current price which is quite interesting.

Posted by bullrun1985 > 2022-10-13 13:37 | Report Abuse

election over then klci start to shoot up, pohuat limit up juz matter of time

Posted by Lukesharewalker > 2022-10-14 09:48 | Report Abuse

Exchange is 4.70 today....

Posted by bullrun1985 > 2022-10-14 16:11 | Report Abuse

Luke, dont talk alot here, pls buy

Posted by Lukesharewalker > 2022-10-17 09:38 | Report Abuse

Exchange broke 4.70...4.80 becomes a reality

Posted by Lukesharewalker > 2022-10-17 10:20 | Report Abuse

Deteriorating fast. Exchange is 4.72

Posted by bullrun1985 > 2022-10-17 10:38 | Report Abuse

price no up although exchange 5.00

Posted by Lukesharewalker > 2022-10-17 10:47 | Report Abuse

Eventually sentiments would change from fear to export companies with minimal debt.
Patience

Posted by observatory > 2022-10-17 13:23 | Report Abuse

According to the sensitivity analysis as disclosed in 2021 Annual Report, a 5% appreciation in USD would have increased profit after tax by RM0.48m. Based on FY2021 profit after tax of RM32.2m, it is equivalent to 1.5% increase in PAT, if other factors remain unchanged.

Between end Oct 2021 to today, USD has appreciated by 14% (from 4.14 to 4.72). Let's assume the exchange rate hits 5. The appreciation will be 5/4.14 - 1 = 21%. Based on the disclosed sensitivity analysis, PAT would have increased by 1.5% * (21%/5%) = 6.3%.

However, other factors will NOT remain unchanged. Over the short term, furniture retailers are delaying or cancelling orders as they struggle with inventory problems. Falling revenue will erode profit, offsetting any gain in exchange rate.

A longer term concern is the US 30 year fixed rate mortgage average has almost tripled from the low point of 2.65% in early 2021 to 6.92% lately.
https://fred.stlouisfed.org/series/MORTGAGE30US

Check out the housing start chart below. The US private housing start has increased steadily from 0.5m units per month after Global Financial Crisis in 2009 to 1.8m units per month early this year. The new housing fueled furniture demands over the last decade. The housing boom has provided a tailwind to Asia furniture exporters over these years. But will this multi-year trend go into a reversal if high interest (mortgage) rate persists? How will it impact furniture demand in the coming years?
https://fred.stlouisfed.org/series/HOUST

There are many exporters in Bursa. In theory they all benefit from a weak Ringgit. Exchange rate alone is not a sufficient reason to pick Poh Huat over other exporters.

Posted by bullrun1985 > 2022-10-17 15:13 | Report Abuse

Luke, anything you want to defend your view?

Posted by Lukesharewalker > 2022-10-17 16:08 | Report Abuse

POV noted.
The high interest rates environment is only for the short term until inflation is under control Envisioned to taper in 2H 2023.
Demand would still be there as the economy is doing well. It would be substantiated by lower prices due to the exchange. Shortfall will be negated by exchange rate.
Trading at pe 4 the margin of safety is ample

Posted by Lukesharewalker > 2022-10-17 16:12 | Report Abuse

https://markets.businessinsider.com/news/stocks/paul-krugman-monetary-policy-federal-reserve-inflation-interest-rates-hikes-2022-10

Posted by bullrun1985 > 2022-10-17 16:19 | Report Abuse

I bot pohuat at 1.32 today, luke pls show your support. dont talk only

Posted by Lukesharewalker > 2022-10-17 16:20 | Report Abuse

Plus point dividends yield at current price is 4.5% @ 6 cents

Posted by chienweilim8139 > 2022-10-17 16:24 | Report Abuse

my price is 1.48, should i hold ?

Posted by chienweilim8139 > 2022-10-17 16:27 | Report Abuse

still receiving dvident

Posted by Lukesharewalker > 2022-10-17 16:30 | Report Abuse

It's a personal choice but sentiments might shift if it hits 5.00 which is probable due to uncertainty of elections

Posted by observatory > 2022-10-17 16:33 | Report Abuse

According to the article, "Paul Krugman has warned the Federal Reserve is at risk of going too far in fighting inflation, causing unnecessary economic damage."

In other words, there is a real danger that in the attempt to regain its inflation fighting credential, the Fed may have gone too far and trigger a deep recession. The Fed would then have to switch back to rock bottom interest rate in order to resuscitate the damaged economy.

I'm not saying this scenario will definitely happen (no one is sure about the future, including the Fed). However based on past experience, when the Treasury 10 year - 2 year bond yield is inverted for a substantial duration, the economy would enter recession in the next few quarters. The yield curve has stayed inverted since Jun.
https://fred.stlouisfed.org/series/T10Y2Y

Posted by observatory > 2022-10-17 16:41 | Report Abuse

I'm not saying Poh Huat is doomed. Its share price has corrected due to the the darkened outlook. However my view is anyone who hold the stock should have a long term outlook and be prepared to ride though volatility. Exchange rate gain and current high dividend yield (which is based on historical earning anyway) may not be sufficient reasons to own the stock.

Posted by Lukesharewalker > 2022-10-17 16:53 | Report Abuse

Traditionally 4th quarter is the best season for demand, let's see in December weather it shrinks...

Posted by bullrun1985 > 2022-10-17 17:01 | Report Abuse

hope for dividend 2c but lose 1c again today, sad

Posted by Lukesharewalker > 2022-10-18 15:02 | Report Abuse

DJ futures is green. A reversal of price might be on the cards

Posted by bullrun1985 > 2022-10-18 15:10 | Report Abuse

Luke, dont speculate the index, later tomorrow index red in colour, then all stucked

Posted by Lukesharewalker > 2022-10-19 10:31 | Report Abuse

If I was the major shareholder and this company can provide eps of 30 cents in 2022, I would take it private

Posted by Lukesharewalker > 2022-10-20 10:15 | Report Abuse

Trend is every 2 days exchange falls 1 cent. Today is 4.73

Posted by Lukesharewalker > 2022-10-21 09:21 | Report Abuse

Dropping like a rock. Exchange is 4.74 today

Posted by Lukesharewalker > 2022-10-21 09:37 | Report Abuse

UOBKH Retail Market Monitor
21 October 2022

FBMKLCI: 1,437.72 (+22.62)
Support: 1,390, 1,365
Resistance: 1,450, 1,470

Bursa Top Gainers:
IOICORP (+4.4%), DIGI (+3.6%), MAXIS (+3.6%)

Bursa Top Losers:
SIME (-0.45%), IHH (-0.16%)

Bursa Trade Statistics
Local Institutions (38.69%): +RM121.0m
Local Retail (17.04%): -RM37.0m
Foreign (44.27%): -RM-84.0m

Global Equity Indexes
MSCI Asia : 136.79 (-0.60, -0.44%)
NASDAQ : 10,614.84 (-65.67, -0.61%)
S&P500 : 3,665.78 (-29.38, -0.80%)
DJIA : 30,333.59 (-90.22, -0.30%)

USD/MYR : 4.7295 (+0.0053)
SGD/MYR : 3.3178 (+0.0030)

Crude Oil : $85.98 (+0.00)
Gold : $1,626.58 (+0.15)

US stocks were lower after the close on Thursday, as losses in the Consumer Goods, Utilities and Industrials sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.30%, while the S&P 500 index declined 0.80%, and the NASDAQ Composite index lost 0.61%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,059 to 1021 and 112 ended unchanged; on the Nasdaq Stock Exchange, 2,050 fell and 1,688 advanced, while 216 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) POHUAT (KLSE: 7088)
Technical BUY with +10.4% potential return
* Last: RM1.35   TP: RM1.42, RM1.49    SL: RM1.31
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) LIONIND (KLSE: 4235)
Technical BUY with +24.6% potential return
* Last: RM0.325    TP: RM0.375, RM0.405    SL: RM0.285
* Timeframe: 2 weeks to 2 months
* Shariah: NO

3) AJIYA (KLSE: 7609)
Technical BUY with +14.9% potential return
* Last: RM1.21   TP: RM1.32, RM1.39  SL: RM1.09
* Timeframe: 2 weeks to 2 months
* Shariah: YES

For the full research report, please log in to www.utrade.com.my


#TradingIdeasMY

Posted by bullrun1985 > 2022-10-25 09:58 | Report Abuse

pohuat not a syariah shares la

Posted by bullrun1985 > 2022-10-27 12:17 | Report Abuse

where is luke now? still buy buy buy???

Posted by Lukesharewalker > 2022-10-28 13:24 | Report Abuse

Relax , trending upwards for Dec QR

Posted by Lukesharewalker > 2022-10-31 12:55 | Report Abuse

Better buy break out rally soon

Posted by Lukesharewalker > 2022-11-01 08:39 | Report Abuse

Dividends yield is 4.2% now

Posted by bullrun1985 > 2022-11-01 09:04 | Report Abuse

no up today oso, sien............

Posted by bullrun1985 > 2022-11-07 15:00 | Report Abuse

Luke, where are you now? pls promote abit today

Posted by Lukesharewalker > 2022-11-17 15:33 | Report Abuse

It will move up next week

Posted by Lukesharewalker > 2022-11-17 15:57 | Report Abuse

Hang on tight. Roadblocks everyday. Up trend towards Dec QR

Posted by Lukesharewalker > 2022-11-17 16:03 | Report Abuse

Year end eps 30 cents coming.....

Posted by Lukesharewalker > 2022-11-23 11:23 | Report Abuse

Don't miss the ride. Gonna move soon. Roadblocks suddenly aplenty. Haha...

Posted by zen_2k > 2022-12-10 03:05 | Report Abuse

looking forward to QR

Posted by Lukesharewalker > 2022-12-30 09:38 | Report Abuse

Long wait. Today's the day!

Posted by Lukesharewalker > 2022-12-30 17:29 | Report Abuse

Excellent result. Eps 31 cents. No matter how you look at it. Its undervalued

Posted by Lukesharewalker > 2022-12-30 17:33 | Report Abuse

Backed by 90 cents near cash and dividend yield is now 5.3% it will open 2023 with a bang