Wah oh!!! What a great day!!! I will hold it for another 2 yrs to get 200-400% return with the better revenue and GP (USD would be around rm3.5-4.2) for next 2 yrs
Cherry is now the new CEO of Pohuat ---- Posted by cherry88 > Aug 7, 2015 02:16 PM | Report Abuse
Many thanks to our ex-CEO and current CEO and CFO (Icon8888, dalpinia, lexus002). You finally announce the 1 to 2 share split and free warrants with exercise price of just RM1.00 !! It is a big good news to shareholders. Let’s do the maths. I always treat the warrants like a “special dividend”. The question is how much “special dividend” based on the mid-day closing price of RM2.75 ? We need to calculate the ex price after the split and warrant which comes to RM1.30. ((RM2.75*2))+1/5). Given the exercise warrant price of RM1.00. The “special dividend” will be RM0.30. YES….I can expect the share to JUMP another 30sens to RM3.05 ! BUY before too late !!
On another note. Let’s do some simple FA. Given the strengthening of USD to RM3.90 from RM3.30, and based on 2nd quarter EPS growth of 72% (2nd Q 2015 = 4.14 sen; 2nd Q 2014 = 2.40 sen). We expect it could be double from previous EPS. So, the expected EPS this year would be 39.7 sen ! Based on PE of merely 10x, the share price could boost to RM3.97 !! It is still very undervalued.
All theory (including CEO’s conspiracy theory) hold true now…..price should be in RM3.05 to RM3.97 !!
MULTIPLE PROPOSALS POH HUAT RESOURCES BERHAD ("POHUAT" OR THE "COMPANY") I. PROPOSED SHARE SPLIT; II. PROPOSED BONUS ISSUE OF WARRANTS; AND III. PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") POH HUAT RESOURCES HOLDINGS BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description POH HUAT RESOURCES BERHAD ("POHUAT" OR THE "COMPANY")I. PROPOSED SHARE SPLIT;II. PROPOSED BONUS ISSUE OF WARRANTS; ANDIII. PROPOSED AMENDMENTS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") On behalf of the Board of Directors of POHUAT ("Board"), RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following proposals:- a share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each in POHUAT into two (2) ordinary shares of RM0.50 each in POHUAT ("POHUAT Share(s)" or "Share(s)") held on an entitlement date to be determined later ("Proposed Share Split"); a bonus issue of up to 56,693,552 new warrants in POHUAT ("Warrant(s)") on the basis of one (1) free Warrant for every four (4) POHUAT Shares held on the same entitlement date as the Proposed Share Split to be determined later ("Proposed Bonus Issue of Warrants"); and amendments to the Memorandum and Articles of Association of POHUAT ("Proposed Amendments"). Further details on the abovementioned Proposals are set in the attachment
Haha....no way...next sure shoot to rm3.3.....u only can buy it now before many uncles n aunties get to knew the news tomorrow.....full load ti this counter....
Next QR will confirm the date of the ecercise plus the another aurprise good news on great EPS plus div.....triple happiness news on early Sept......so price will run up by Monday till Sept for at least 30-50% based on the Homeriz, Heavea & Liihen record......cheers!!!
I am wondering, what will be the theoretical ex price for Pohuat? lets say it is RM 3.00 on the day before ex, will the price become RM 1.50 or RM 1.40? Kindly advise, Icon8888
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....
phoenixxx
3 posts
Posted by phoenixxx > 2015-08-07 14:40 | Report Abuse
2.89