POH HUAT RESOURCES HOLDINGS

KLSE (MYR): POHUAT (7088)

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Last Price

1.43

Today's Change

-0.02 (1.38%)

Day's Change

1.43 - 1.45

Trading Volume

17,000


14 people like this.

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

Kai Chun

27 posts

Posted by Kai Chun > 2015-12-31 19:00 | Report Abuse

close eyes on monday, after that sure go down then keep up until neverland.

Posted by DarKLoRD888999 > 2015-12-31 19:08 | Report Abuse

Hey hey hi everybody is me again lord Gor haha... Did you guys ready a big pocket for receive you big angpow? Wakakakaka

mmk79

1,840 posts

Posted by mmk79 > 2015-12-31 19:13 | Report Abuse

If we annualized based on 7.5cent (will definitely be much higher if no fire accident), eps already 30cent. And for pe 10, Pohuat would be at least RM3.00.

And now only trading at RM 2.05, that means 50% upsite.

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2015-12-31 19:29 | Report Abuse

Huat huat huat

leelc99

871 posts

Posted by leelc99 > 2015-12-31 19:34 | Report Abuse

Angpaoooo ahhh! Huat ah year 2016!

Probability

14,456 posts

Posted by Probability > 2015-12-31 19:42 | Report Abuse

superb result..beyond expectation.

mh87

3,966 posts

Posted by mh87 > 2015-12-31 19:47 | Report Abuse

Next week possible that most investors will focus on this stock as new shiny stock in 2016..

Hotrod

730 posts

Posted by Hotrod > 2015-12-31 19:53 | Report Abuse

Pohuat will trigger a rally on other furniture shares as well.

dnn78

1,593 posts

Posted by dnn78 > 2015-12-31 20:00 | Report Abuse

Omg... Fantastic result, congrats for all holder...cheers

Posted by Smart Investor > 2015-12-31 20:09 | Report Abuse

At least hav long peaceful weekend after few days of speculation. So topping up more lots next Monday? :)

CCCL

621 posts

Posted by CCCL > 2015-12-31 20:10 | Report Abuse

Long live Ah Huat !!! Huat aaaaaaaaaaaaaaaaaaaaaaaaaaar !!! See Ah Huat at 2016 :)

malili

8 posts

Posted by malili > 2015-12-31 20:41 | Report Abuse

sometimes, fantastic qr doesnt trigger climb of the share price immediately.

DreamMaster

1,157 posts

Posted by DreamMaster > 2015-12-31 20:45 | Report Abuse

boleh main ah ini

yinyin99

121 posts

Posted by yinyin99 > 2015-12-31 20:46 | Report Abuse

see! I ask you all to buy at 2.06 before closing... Never bluff you right....

saschl

310 posts

Posted by saschl > 2015-12-31 20:46 | Report Abuse

I've a naive question, all sifu: The sell down the whole of today, is it due to panic sell by ignorant individual buyers or by some market makers? If it were the small individual buyers, it is really a pity ! Haiz!

ryong92

384 posts

Posted by ryong92 > 2015-12-31 20:59 | Report Abuse

same theory with before tsunami happen

pathfinder

374 posts

Posted by pathfinder > 2015-12-31 21:29 | Report Abuse

Well done. A good result and another 2 sens dividend to be declared during the agm.

kahfai211

822 posts

Posted by kahfai211 > 2015-12-31 22:19 | Report Abuse

who cant eat the grapes will felt sour..basic threory

mh87

3,966 posts

Posted by mh87 > 2015-12-31 22:35 | Report Abuse

As long as the profit has increased more than 60%, the future of this company still brighter.. Keep for longterm is a right decision..

Posted by investerrr6666 > 2015-12-31 22:49 | Report Abuse

Is d price too high to buy now ???

hallick

310 posts

Posted by hallick > 2016-01-01 01:53 | Report Abuse

KUALA LUMPUR (Dec 31): Poh Huat Resources Holdings Bhd saw its net profit rise 43.46% to RM15.85 million or 7.43 sen per share for the fourth financial quarter ended Oct 31, 2015 (4QFY15), from RM11.05 million or 5.18 sen per share a year ago, due to higher demand for furniture in the United States and Canada.

The group also recommended a final dividend of two sen per share for shareholders’ approval at the forthcoming annual general meeting.

In its quarterly report to Bursa Malaysia today, Poh Huat said the higher gross margin was mainly attributable to its higher level of productions; improvements in margin of the products shipped, particularly those from Malaysian factories; and higher proceeds realised from the stronger US dollar-denominated sales during the quarter under review.

For 4QFY15, Poh Huat's revenue rose 29.66% to RM140.18 million, from RM108.12 million in 4QFY14.

For the full FY15, the group’s net profit rose 64.62% to RM39.19 million, from RM23.80 million in FY14; while revenue increased by 20.35% to RM453.93 million, from RM377.17 million in FY14.

Moving forward, given the good fundamentals and strength in the North America markets, Poh Huat is optimistic that demand for its products will be sustained for the next financial year.

Posted by sengtong88 > 2016-01-01 06:51 | Report Abuse

Next TP In 2 months time should be at 2.5 - 2.6..

Yun Kai

211 posts

Posted by Yun Kai > 2016-01-01 10:13 | Report Abuse

Another remarkable result is done by Pohuat. From what i observe from the qtr result. The management intend to minimize the impact from the assets write off cause by the fire accident.

They recognize the insurance income of RM3mil in advance to hedge against the losses of 9 million. luckily only the finishing line get involve in fire accident.

I'm not sure whether these treatment is acceptable for the auditors. Where the timing on recognition I'm not really comfortable with these treatment as their financial year end is 31 Oct 2015. The interim insurance is only received two month after the financial year end.

Overall, Pohuat is performing comparatively well. The result is within my expectation but probably below market expectation.

tc88

573 posts

Posted by tc88 > 2016-01-01 10:27 | Report Abuse

Below market expectations?

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-01 10:39 | Report Abuse

Icon8888 I never imagine Poh huat can make this kind of profit

The superstar is the revenue - RM140 mil !!!!!
31/12/2015 17:22

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-01 10:40 | Report Abuse

Super result...

malili

8 posts

Posted by malili > 2016-01-01 11:04 | Report Abuse

kakikong kakisong, lets c how is market response on monday.

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-01 11:08 | Report Abuse

KUALA LUMPUR (Dec 31): Poh Huat Resources Holdings Bhd saw its net profit rise 43.46% to RM15.85 million or 7.43 sen per share for the fourth financial quarter ended Oct 31, 2015 (4QFY15), from RM11.05 million or 5.18 sen per share a year ago, due to higher demand for furniture in the United States and Canada.

The group also recommended a final dividend of two sen per share for shareholders’ approval at the forthcoming annual general meeting.

In its quarterly report to Bursa Malaysia today, Poh Huat said the higher gross margin was mainly attributable to its higher level of productions; improvements in margin of the products shipped, particularly those from Malaysian factories; and higher proceeds realised from the stronger US dollar-denominated sales during the quarter under review.

For 4QFY15, Poh Huat's revenue rose 29.66% to RM140.18 million, from RM108.12 million in 4QFY14.

For the full FY15, the group’s net profit rose 64.62% to RM39.19 million, from RM23.80 million in FY14; while revenue increased by 20.35% to RM453.93 million, from RM377.17 million in FY14.

Moving forward, given the good fundamentals and strength in the North America markets, Poh Huat is optimistic that demand for its products will be sustained for the next financial year.

Posted by DarKLoRD888999 > 2016-01-01 11:10 | Report Abuse

Malili no buy then kaobehkaobu at here again? If you no buy I just can speak a word 管你霖事啊! Wahaha

Posted by i33investor > 2016-01-01 11:18 | Report Abuse

congraz Pohuat Holder..
let's Rock n Huat in 2016

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-01 11:19 | Report Abuse

Great result ,btw ignore this guy,even on TOPGLOVE forum also have this kind moron....

lloydlim

3,953 posts

Posted by lloydlim > 2016-01-01 12:05 | Report Abuse

Sell on news!

papaya

3,086 posts

Posted by papaya > 2016-01-01 12:33 | Report Abuse

lloydlim...you mau jual...you jual la....x payah kecoh suruh jual...

papaya

3,086 posts

Posted by papaya > 2016-01-01 12:38 | Report Abuse

lloydlim....you sudah jual ...you suruh org lain jual jugak .....when you stuck you ask others to go long term with you....what a good characters...

mmk79

1,840 posts

Posted by mmk79 > 2016-01-01 12:50 | Report Abuse

Only those short sighted will make noise telling people to sell off this gem just for short term little gain but when the price moves again, they will curi curi jump in again at much higher price.

Remiser like this kind of people.

Lulu La

901 posts

Posted by Lulu La > 2016-01-01 13:19 | Report Abuse

lloydlim...buy on fact!!!

dnn78

1,593 posts

Posted by dnn78 > 2016-01-01 15:02 | Report Abuse

Just some jealousy loser, chill guys :D
Celebration continueee......Happy New year Huattt Huattt all year long

MaBadri

945 posts

Posted by MaBadri > 2016-01-01 15:18 | Report Abuse

up up up tuju langit

dnn78

1,593 posts

Posted by dnn78 > 2016-01-01 15:18 | Report Abuse

With the raze down factory at vietnam still able to perform >140mil revenue with PBT near to 20mil you said below expectation??? You must be out of your mind

hyteo1992

134 posts

Posted by hyteo1992 > 2016-01-01 20:35 | Report Abuse

Mr. OTB has pick pohuat warrant in his stock pick 2016 selection. Now people ll be more confident with it. Pohuat really huat this time!!!

DreamKaiser

1,243 posts

Posted by DreamKaiser > 2016-01-01 20:41 | Report Abuse

Lu itu maciam manyiak kuat caya sama itu OTB ah ...

saschl

310 posts

Posted by saschl > 2016-01-01 21:40 | Report Abuse

This stock enhanced performance is not only due to strong USD, another two impetus are: Increased sales and strong Vietnam currency, this gives me a lot of comfort. Cheers and hope all investors in Poh Huat have a rewarding 2016.

abc123

147 posts

Posted by abc123 > 2016-01-01 23:16 | Report Abuse

Monday WB may hit 1.1

Danny Kc

214 posts

Posted by Danny Kc > 2016-01-02 09:34 | Report Abuse

WB 1.1 is a sure, we want to see 1.2!!

Davidl

1,816 posts

Posted by Davidl > 2016-01-02 12:56 | Report Abuse

Correction 1st before creating new high!

abc123

147 posts

Posted by abc123 > 2016-01-02 16:55 | Report Abuse

David: Shit I entered on 1.05 on WB...

ahbengku

10 posts

Posted by ahbengku > 2016-01-02 17:03 | Report Abuse

jialat, forgetbuy this counter.....zzz

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