Yes, compare to last FY QR is slight improved. But you need to compare also the share price of last year and now. Right move of me shifted to homeritz. Flying now...
A base area acts as a support. The longer it stays there the stronger the support for the next wave of price appreciation. The catalyst for the next spurt in price will be the next 3 qtrs report. The last 3 quarterly reports commendable and that explains for the uptrend in the stock price.
Another wave of price appreciation for Pohuat in the making. Volume of trading building up. Money is made through sitting tight and ride with the uptrend.
I start to accumulate more POH HUAT share, just to take the calculated risk and gambling risk based on 1st quarter 2015 rsults and comments on prospect of the company and the earning of 7.66sen per share.
I had check the recent cffo of the counter It doesn't look promising but I changed my mind when the director started to buy back and accumulate more, I know it is gonna be good Despite the trend of on the previous quarters Why do someone think a trend of quarter is a valid analysis tool?
I try to calculate the fcf with the last few year result The last quarter cffo give me some doubt But since the director has bought more share I think it can a good sign however I do not know how fcf will determine the next q result Buy it at your own risk if you don't play to hold for long term.
Description Poh Huat Resources Holdings Berhad ("Poh Huat" or "the Company")Additional investment of 21,000,000 ordinary shares of RM1-00 each in the share capital of PHW Properties Sdn. Bhd. ("PHW") by Poh Huat ("Investment") The Board of Directors of Poh Huat wishes to announce that Poh Huat has on 25 May 2015 invested an additional 21,000,000 ordinary shares of RM1-00 each ("Shares") at par as fully paid-up in the share capital of its wholly-owned subsidiary, PHW by way of cash of RM37,509-00 and agreed discharge of amount of indebtedness by PHW to the Company of RM20,962,491-00. Upon completion of the Investment, the issued and paid-up share capital of PHW shall increase from RM2,505,000-00 comprising 2,505,000 Shares to RM23,505,000-00 comprising 23,505,000 Shares. The Investment is not expected to have any material effect on the share capital, major shareholding, earnings, net assets and gearing of the Company for the financial year ending 31 October 2015. This announcement is dated 25 May 2015.
The Investment is not expected to have any material effect on the share capital, major shareholding, earnings, net assets and gearing of the Company for the financial year ending 31 October 2015.
Property market is slump now in Johor. Not suppose to make any kind of investment into property market at this point of time. I guess it is some how reflected their share price performance lately!
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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....
Alex Chan
3,915 posts
Posted by Alex Chan > 2015-05-18 11:08 | Report Abuse
Naturally lah...directors in the know and buy for a reason