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

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-07 08:20 | Report Abuse

now MYR 3.80 liao, next yr sure expect rm4 when us hike soon!

So ! POhuat still good buy

cherry88

980 posts

Posted by cherry88 > 2015-07-07 08:52 | Report Abuse

Let's talk about fact on possibilities to issue Bonus or Treasury shares. As at 2q, there have RM91 mil retained earnings. So, bonus issue of 1:2 is not an issue and is very LIKELY !
PH has 6.7 mil treasury shares at RM2.8 mil (or RM0.43 per share ONLY)....(dam cheap)....(I hope the management did not quote it wrongly or I did not calculate wrongly (source : Note A5 with balance sheet). Based on this ratio, probably 5 for 100 bonus treasury shares ?? Anyway, if they decide to sell the treasury shares to the market, it is "good news" too, provided they distribute the gains to the shareholders....But I don't think management will do that because they have RM60.8 mil CASH sit on the bank, waiting to declare as dividend...hahha

lexus002

23 posts

Posted by lexus002 > 2015-07-07 09:49 | Report Abuse

cherry, you are absolutely right, let's ait for the good news. pohuat cannot llose to liihen or homeritz

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-07 15:42 | Report Abuse

don't think it will happen soon...
probably stuck in a channel

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-07 15:45 | Report Abuse

results is better but not great Q to Q

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-07 16:20 | Report Abuse

watch KLCI plunge tomorrow

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-07 16:37 | Report Abuse

could retraced back to RM2

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-07 19:14 | Report Abuse

Over optimistic can lead to dismay.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-07 20:20 | Report Abuse

Yeah ah jib is in a bad Shit as for Malaysia
He might have step down soon
Certainty not good for klci

icon8888

18,658 posts

Posted by icon8888 > 2015-07-07 22:14 | Report Abuse

He need to step down

Otherwise iur EPF money kosong and we need to come out if retirement to work as maids in Singapore

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-07 22:44 | Report Abuse

Icon, a self proclaim wise men shld not speak stupid things like epf money no longer there. Epf money won't evaporate ok. The only thing is value of money depreciate. And those nanny come out work in singapore not because not enough money retire. They intentionally ask them back work to provide them chance to earn and have contribution to society. Most I saw working happy as ppl respect them.

rocky77

166 posts

Posted by rocky77 > 2015-07-08 09:46 | Report Abuse

Drop 12 cent today...

liewtz06

356 posts

Posted by liewtz06 > 2015-07-08 10:22 | Report Abuse

@paperplane2 When economic crisis comes by, nobody can guarantee not to have a mandatory hair cut in your bank savings and EPF. That's pretty much an evaporation edi, at least that happened to Cyprus.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-08 11:10 | Report Abuse

Actually it is not wrong icon 8888 said that, nowadays crisis in countries, anything can happen....
With so much corruption being unveiled and our PM is in no action mode, the truth would eventually being, how bad it is no one knows but it must be bad because people in the know already protesting it. It must be extreme because people in the know are not angels as well.

Either way the economy and investor confidence level will suffer

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-08 11:11 | Report Abuse

Actually it is not wrong icon 8888 said that, nowadays crisis in countries, anything can happen....
With so much corruption being unveiled and our PM is in no action mode, the truth would eventually being, how bad it is no one knows but it must be bad because people in the know already protesting it. It must be extreme because people in the know are not angels as well.

Either way the economy and investor confidence level will suffer

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-08 11:12 | Report Abuse

Yep. Stuck in a channel

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-08 11:13 | Report Abuse

For all you know, Epf is Malaysia biggest ponzi scheme

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-08 11:20 | Report Abuse

The worst is yet to come...
Broke trendline

m00077

426 posts

Posted by m00077 > 2015-07-08 11:25 | Report Abuse

don't be too pessimistic about the Malaysia economy. It is during the crisis that a lot of opportunities arise. Be ready to venture to again.

m00077

426 posts

Posted by m00077 > 2015-07-08 13:52 | Report Abuse

Politic will affect the share market, but Poh Huat's fundamental is very strong as the factory is in Vietnam exporting furniture to other countries. The sales are in US dollar. However, it is good practice to be caution in case of any unforeseen circumstances beyond our control. Get ready the money to go big for investment in the market when it ready plunge. All businesses have risks. no venture no gain and you will forever just a normal persons in the street.

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-09 10:26 | Report Abuse

rebound

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-09 10:27 | Report Abuse

good opp now!!! buy....

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-09 12:36 | Report Abuse

Back to 1.94 soon
Game over until next QR

m00077

426 posts

Posted by m00077 > 2015-07-09 16:49 | Report Abuse

Wait and see.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-09 17:22 | Report Abuse

Good closing at 2.18 today. Luckily managed to buy some at 2.08-12....really cheap sales

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-10 10:05 | Report Abuse

Buy call!!!

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-10 11:09 | Report Abuse

Bye call....

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-10 11:32 | Report Abuse

Target RM3.05

Ivan Lim

76 posts

Posted by Ivan Lim > 2015-07-10 22:37 | Report Abuse

2.22 is resistance .breakthrough this will see a different new high price

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-11 00:45 | Report Abuse

I have confidence in this stock to give a bonus issue by end of 2015

pathfinder

374 posts

Posted by pathfinder > 2015-07-11 07:40 | Report Abuse

Given the amount of retained earnings available, I see no reason why Pohuat should not do one. Besides, peers like Homeritz has just concluded a 1 for 2. Previous 2 bonus issues were end July and August. Let's see if history will repeat itself.

cherry88

980 posts

Posted by cherry88 > 2015-07-11 09:14 | Report Abuse

Bursa amended Poh Huat 3% dividend ex-date to 21/7 from 20/7 "due to the possible closure of the Exchange if the first and second days of Hari Raya Aidilfitri fall on 18 and 19 July 2015"

cherry88

980 posts

Posted by cherry88 > 2015-07-11 09:25 | Report Abuse

I may make some mistakes in my 7/7 comments. Bonus Issue was paid out from The Company (not consolidated level) reserves. The Company has relatively low reserve as at 31/10/14 of RM23 million because the Company had issued 2 bonus previously for the last 10 years. Based on this, Poh Huat can only issue roughly 1:10 bonus issue if they really want to do. I think management may not do that as 1:10 may not attractive as compare to its peers. In this case, bonus issue is NOT LIKELY.
I still hope they can distribute the share treasury as "bonus" which is more tangiable ! Should they want bonus issue, can consider splitting shares from par value of RM1 to 50 sen.

CCCL

621 posts

Posted by CCCL > 2015-07-11 10:37 | Report Abuse

No matter what the outcome look like? This Pohuat really HUAAAAAAAAAAAAAAAAT.

AyamTua

13,598 posts

Posted by AyamTua > 2015-07-11 10:50 | Report Abuse

bo huat.



huat: Glotec and PUC (renewable energy counters)

CCCL

621 posts

Posted by CCCL > 2015-07-11 10:56 | Report Abuse

AT wish you huat huat. Have a nice huat huat weekend :)

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-11 13:06 | Report Abuse

http://klse.i3investor.com/blogs/icon8888/79727.jsp

my turn to fan the fire

CCCL

621 posts

Posted by CCCL > 2015-07-11 13:08 | Report Abuse

8888= huat huat huat huat

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-11 13:37 | Report Abuse

Cherry88, they don't need to bonus. They can share split, just like Hevea

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-11 13:39 | Report Abuse

And they can also bonus issue of free warrants, just like homeritz

pathfinder

374 posts

Posted by pathfinder > 2015-07-12 18:27 | Report Abuse

Icon8888. I have much respect for what you say. However I see rm90 million retained profits. Surely this can be used to finance the bonus issue.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-13 09:24 | Report Abuse

HUAT AHHH!

cherry88

980 posts

Posted by cherry88 > 2015-07-13 09:25 | Report Abuse

pathfinder, bonus issue can be issued only out from "the company" (not "consolidated") level. Therefore, we cannot use the consolidated figure of the RM90 million to declare the bonus. That's why I clarify my "mistake" on 11/7 from my earlier comment posted on 7/7.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-13 09:59 | Report Abuse

2.32!!!

force

1,418 posts

Posted by force > 2015-07-13 10:09 | Report Abuse

Got bonus issues?

cherry88

980 posts

Posted by cherry88 > 2015-07-13 10:09 | Report Abuse

credit given to icon8888.........he is the 1 "push" the share price ! With TA target of RM3...still relative cheap and buy now during technical rally

force

1,418 posts

Posted by force > 2015-07-13 10:13 | Report Abuse

What happened?

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-13 10:24 | Report Abuse

Maybe Icon8888 is the market operator?.....hahahahahaha

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-13 10:34 | Report Abuse

goodshow. up 12 cents on 400,000 shares

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