You guys need to relax. Market drops a little bit and you guys starts panicking. I started accumulating in at 76 sen(arnd 2 months back) and it has risen slowly. This counter is not for speculating. If u wanna hit n run and make profit in 1-2 days then stay out of pohuat
Should accumulate PH as its an uptrend stock with a bright future in it. Some more 2014 augurs well for wood based related business and furniture is one of them. I always use Feng Shui to guide my trades for long term investment and so far, it never let me down for 3 consecutive years. This year my theme is Wood, so im accumulating all wood related stocks. Happy Trading!
RM1.00 seems to be the support. If so losses is limited. Today despite poor market, there is little selling. It would seem to me that most sellers have sold. I am trying to acquire some more.
3Q13 profit RM1.27m (1.19 sen per share) DISTORTED by ONE OFF provision for doubtful debts of RM6.75 million arising from the collection uncertainties on the outstanding amounts due for the Company’s disposal Poh Huat Qingdao
4Q13 impressive profit RM10.58m (9.88 sen per share)
normalised profit should be around 5 sen per qtr equivalent to 20 sen(most conservative estimate, could be much more) hence est forward PE of 5X
PoHuat Vietnam's operation is star performer
US PMI rebound sharply in Dec'14 to 55 Developed countries will rebound sharply this yr
BNM has recently forecasts that RM is likely to be range-bound at 3.350-3.600 this year. In the backdrop of a strengthening USD, furniture stocks nonetheless are heading different direction despite the more favourable exchange rate to the exporters. Ever wonder why so?
All furniture stocks are trading far below NTA. Hence they will perform very well in 2014. Do you notice that the stock prices of those stocks which are trading far below NTA are going up now e.g. MKH, PRKCORP, MFCB and etc ? USD will strengthen against RM in 2014, hence all furniture should be doing well in 2014. Thank you.
that's why most of my stocks r property stocks (margin of safety = substantial discount to nav) . My property portfolio include L&G/ MK Land/ Mah Sing/ SHL/ Amprop/PJD/PJD-WC/Gmutual/ A&M. Previously sapu a big chunk of $$$ from SYMLIFE (sapu cash div/share div+free warrants), cabut coz very high debt
Furniture stocks : bought back latitud 2.08, bought pohuat 1.02(stabilizing from sell off), hevea, still not gonna consider due to hundreds of millions of debts and directors treat shareholders like atm, throwing their shares to them at high price
Currency: Malaysian Ringgit (MYR) Type of transaction Date of change No of securities
Price Transacted (RM) Acquired 02/01/2014 240,000
Circumstances by reason of which change has occurred Purchase in the open market Nature of interest Direct interest Direct (units) 11,138,000 Direct (%) 10.44 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 11,138,000 Date of notice 08/01/2014
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....
candygirls
797 posts
Posted by candygirls > 2014-01-02 14:25 | Report Abuse
Pohuat, Hainanese say poh-huat-tor LOL