8wpwtmt8, paperplane, If we discount TA target price of RM2.62 by 20%, the "revised" target price could be RM2.10. It seems like some "promotions" (especially by big boys) on this stock is on going. Just be careful if you are short term trader whose holding period is less than 1 year. I do not discount the TA target price of RM2.62 is unachievable, but it may "not worth" to buy it if you do not hold this stock. I would rate it as "hold" given current price of RM2.20 level. I will wait until its first quarter results announcement (normally end of Mar) before I decide my next move provided the current price trend together with the USD/RM trend still intact. If they do not declare any dividend in the first quarter, chances are they will not declare dividend in the second quarter because second quarter normally is a bad quarter for Poh Huat. I will take profit on this stock then and may switch to oil&gas counters......Oil&gas counters have started to form their base and has started to trending back. This trend movement is similar the general furniture stock trend two/ three years ago.....sorry to say, I never treat my stock as my partner who can be together for life. Stock is just another form of my bf who can change anytime if needed.......
Well, we have to access any more corp action, or any intention on expanding capacity. If not, if it goes up too fast, then it will go back down someday
CCCL, Latitude has its own story to justify the current market trend. Its half-year EPS has reached 45.3 sen or close to 90 sen per year. So, its prospective PE is adjusted to 6.5x only which is "undervalue" against the industry average. The problem in Latitude is it did not pay dividend. Given its NTA of RM3.77, it is too "risky" for me to look at it.
Hi Cherry Gong Xi Fa Cai and thanks fo the advice. I mean Poh Huat price will up further if Latitude reaching higher and higher. This based on the same theme play during the run up of gloves stocks in 2009. The Alpha male ( Top Glove ) leads the pack ( Supermax, Hartalega,Kossan, Adventa, Latexx etc.) .
I agreed with you CCCL. Gong Xi Fa Cai.....I like this becasue it is "husband wash" Fa Cai ! I no need to do washing during CNY if he wants to Fa Cai ....haha Wish me good luck....oil&gas counters will be the next play similar to glove and furniture trend !
Hi, pathfinder, why March 20th ? any special event that can push the price ? Hi, paperplane, if we apply PE of 10x, based on EPS of 22.30 sen, the price should be RM2.23. Please help to clarify my number here. Thanks
The latest audited acc just announced ,n in the part of notes of finacial mentioned about the qingdao case , i m very blur of those statement ,actually the money been received by pohuat ??
fattcat, Note 31 of the Notes say "As of the report date, QDB had yet to fulfill their obligation in the recorded consent judgment. The Company have decided to submit enforcement application to the Qingdao Intermediate People’s Court." It means they have not received the money.....too bad...
Anyone know why Pohuat PE can be higher than Lihen and Latitude? I can't find rational reason to justify it. PE of Pohuat is now catching up with Homeritz.
Its a well run company. The Owners/Managers are intelligent, prudent & hard working Malaysian Chinese. I dare say honest too. I think odds are the coming result well be a good one.
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....
omega88
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Posted by omega88 > 2015-02-17 16:23 | Report Abuse
So many odd lots 100share transact today in hevea. No mininum charge in malaysia