POH HUAT RESOURCES HOLDINGS

KLSE (MYR): POHUAT (7088)

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Last Price

1.45

Today's Change

0.00 (0.00%)

Day's Change

1.43 - 1.45

Trading Volume

30,600


14 people like this.

9,910 comment(s). Last comment by yfchong 1 week ago

redpeople

270 posts

Posted by redpeople > 2015-05-06 17:20 | Report Abuse

yes.. Pohuat is back.. hehe.. tomorrow top up sikit

sky_sky

109 posts

Posted by sky_sky > 2015-05-07 12:33 | Report Abuse

one day fly only? any reason of flying hi yesterday?

Superb99

6,589 posts

Posted by Superb99 > 2015-05-07 14:36 | Report Abuse

market sentiment is still a question mark...the price will remain low in short term

1155023541

254 posts

Posted by 1155023541 > 2015-05-07 17:11 | Report Abuse

2.15 in short term since hevea is flying

1155023541

254 posts

Posted by 1155023541 > 2015-05-07 17:12 | Report Abuse

just wait and dun sell the price will up in short term

funitec

639 posts

Posted by funitec > 2015-05-07 19:31 | Report Abuse

eps 24, pe only 8.44.some more got dividend. .I bought 2.28. may averrage on turn around.for long term POH HUAT. for now no huat ar. Market sensitive lah wait for fish to b half dead tired then easy to pick up.

Superb99

6,589 posts

Posted by Superb99 > 2015-05-08 09:12 | Report Abuse

mkt is waiting for the outcome of 1mdb hearing so just hope everything is fine. if Malaysia is downgraded by those credit rating firms then mkt will drop further...

Superb99

6,589 posts

Posted by Superb99 > 2015-05-08 09:32 | Report Abuse

drop again after the expiry of the dividend...

rocky77

166 posts

Posted by rocky77 > 2015-05-08 13:08 | Report Abuse

Can keep now, but cut loss if exchange rate of USD drop below 3.50. Good luck!

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-08 16:43 | Report Abuse

don't worry. syndicate is in...
throwing 1 share to depress the price for accumulation
happy collection

cherry88

980 posts

Posted by cherry88 > 2015-05-09 12:03 | Report Abuse

Poh Huat recent strength for the past 2 years was driven mainly from the strengthening of the USD (from RM3.20 to RM3.60) and increasing dividend payout (from 2 sen in year 2012 to 8 sen in 2014). I believed the current price level had been reflected the news. Let's analysis these 2 factors should the trend be continued. Firstly, I was on view that the USD outlook could stay on current level without much drastic movement. Secondly, should the company continue paying high dividend, price should continue move north. However, it was rumour that the company may want to diversify into property development which could be pile down its cash balance for dividend distribution purposes. The latest balance sheet shows that it has RM20.9 mil "land held for development" where RM6.8 mil are jointly registered under a 3rd party (Note 6 of the annual report). Therefore, I believe the dividend could still maintain this financial year, but may reduce downward next year onward, due to the property project. Poh Huat may not have the competitive advantage to be a property players. Diversification to non-furniture operations also looks negative for me. After taking into various valuation factor i.e PE , NTA and yield, a "hold" strategy was recommended. Anyway, the share price for furniture stocks had been run up for the past 2 years. Maybe we could profit take and look for alternative stocks with better dividend yield ?

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-10 00:10 | Report Abuse

Nup. All the more reason to hold...

Posted by goreng_goreng > 2015-05-10 20:38 | Report Abuse

waa.. into new sector, risk reduced why worry

1155023541

254 posts

Posted by 1155023541 > 2015-05-11 01:32 | Report Abuse

美股下星期應該會破新高,pohuat和所有出口股收著不要賣,應該很快會回到2.3.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-11 11:04 | Report Abuse

Currently sector doing well plus possible diversification or sale of property
What's not to like?
People sell we buy...
Opportunity knocks

cherry88

980 posts

Posted by cherry88 > 2015-05-11 12:13 | Report Abuse

Maybe this blog could help us for better stock selection : http://klse.i3investor.com/blogs/koonyewyinblog/76300.jsp

Posted by goreng_goreng > 2015-05-11 12:43 | Report Abuse

waa.. open margin account for buying stocks.. this koon guy no comment

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-11 15:49 | Report Abuse

must be remisier.

good volume today.
engines should start reving up...
ringgit was between 3.50 to 3.70 from feb to april.

hard to doubt favorable Q coming....

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-11 15:53 | Report Abuse

passing the baton day?

funitec

639 posts

Posted by funitec > 2015-05-12 00:48 | Report Abuse

Value stock, well managed company. Macd about to cross over,price approaching mid line from below. its a limbo, how low can you go. Buyers bargain hunting, vol increasing. Watch on.

m00077

426 posts

Posted by m00077 > 2015-05-12 10:26 | Report Abuse

Poh Huat's bank borrowing Currency denominations in US dolloar is also high at about US$39.9 million. When Ringgit depreciate, they have to pay more. This is the only disadvantage.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-12 13:55 | Report Abuse

Woo hoo...ringgit now 3.62
Btw, the USD loan stated is utterly rubbish
Someone still trying their luck

cherry88

980 posts

Posted by cherry88 > 2015-05-12 14:51 | Report Abuse

m00077, it is US dollar denominated loan of RM39.9 mil (actual is RM40 mil), not US$39.9 mil.....I am on view to look for alternative is that "diversification" to property development is not so "transparent" like the recent 1MDB purchase and sale of land...haha...

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-12 15:32 | Report Abuse

KUALA LUMPUR: The ringgit is likely to remain weak at around RM3.60-RM3.70 against the US dollar in the near-term due to the large foreign holdings of fixed income instruments in Malaysia, says RHB Research.

"Meanwhile, an expectation of the US increasing interest rates and the risk of a possible sovereign credit rating downgrade by Fitch Rating, could still come back to haunt the ringgit again," it said in a note today.

RHB Research said the foreign exchange reserves posted an increase of US$700 million in April to US$105.8 billion as at April 30.

In ringgit terms, the foreign exchange reserves rose by RM2.7 billion in March to RM392.4 billion as at April 30.

RHB Research added that the figure was slower than the increase of RM3.7 billion in the previous month, due mainly to a revaluation gain as the ringgit weakened against major currencies. - BERNAMA

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-12 15:56 | Report Abuse

last chance for this level
engine starting...........

pathfinder

374 posts

Posted by pathfinder > 2015-05-12 17:38 | Report Abuse

That US denominated loan part is sheer nonsense. This is a traditional Chinese business with hardly any loan and a huge amount of cash in the bank to more than pay any amount owed a few times over.

m00077

426 posts

Posted by m00077 > 2015-05-13 11:13 | Report Abuse

Cherry88, noted your comment. I will buy more if I had read your comment. Now Poh Huat price is moving up. I wait until it settled lower before moving in. Thanks.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-13 15:18 | Report Abuse

should be new high by next month

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-13 15:48 | Report Abuse

latitude flying...
get ready

Superb99

6,589 posts

Posted by Superb99 > 2015-05-13 16:26 | Report Abuse

Not that easy, looking at the local political environment, may need longer time...

CCCL

621 posts

Posted by CCCL > 2015-05-13 19:29 | Report Abuse

LPT added somemore.. Huat huat lagi..

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-13 21:05 | Report Abuse

Going to do the quantum leap

Posted by Christensen > 2015-05-13 21:23 | Report Abuse

Interesting time to watch this counter

m00077

426 posts

Posted by m00077 > 2015-05-14 13:15 | Report Abuse

I start to accumulate at RM2.08. Poh Huat's 1Q 2015 results: EPS=7.66sen, Total bank borrowing RM51.45 million, Bank deposit+ cash=RM66.29 million. Strong and healthy balance sheet, if 2Q 2015 earning is higher than 8sen per share, it should be good to accumulate barring unforeseen circumstances, especially political or economical reasons.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-05-14 13:32 | Report Abuse

2Q and 3Q earnings are usually much lower

Posted by Christensen > 2015-05-14 13:37 | Report Abuse

Quarter lower may cause by the lack of the catalyst

Posted by Christensen > 2015-05-14 13:38 | Report Abuse

The director just brought back some of it's shares
I think good result is to be expected

Posted by Christensen > 2015-05-14 13:39 | Report Abuse

Bought back :c

Posted by coolwinter99 > 2015-05-14 19:09 | Report Abuse

Uptrend start

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-14 20:08 | Report Abuse

Next Q results mid June
Possible bonus
Zoom zoom

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-05-14 20:14 | Report Abuse

Reversal confirmed!

bwulf

182 posts

Posted by bwulf > 2015-05-15 00:07 | Report Abuse

MACD crossover occured, uptrend confirmed.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-15 11:30 | Report Abuse

everyday few cents up good enough......

turned bullish

RM3 here it comes.....

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-05-15 15:58 | Report Abuse

fantastic buy rate 85%!

Posted by coolwinter99 > 2015-05-15 17:27 | Report Abuse

nice move!

aerobuss

21 posts

Posted by aerobuss > 2015-05-15 22:13 | Report Abuse

By next week investors will have dividend money to accumulate more shares. This is in anticipation of better earnings in the coming quarterly results.

rocky77

166 posts

Posted by rocky77 > 2015-05-16 00:12 | Report Abuse

Second quarter result not promising... Hold awhile first!!!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-05-16 00:22 | Report Abuse

I expect the pice to go in tandem with the depreciating MYR currently at 3.60. Now Tech stocks had risen, Latitude is taking lead again

Posted by Christensen > 2015-05-16 00:28 | Report Abuse

Even if te result is bad
I don't think it is going to drop anymore lower than the director buy-back price

dalpinia

2,299 posts

Posted by dalpinia > 2015-05-17 21:42 | Report Abuse

Insider news....the result is very good....buy now!!! RM3 before result announced.....

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