USD strengthening should benefits them, they should announcing better result.
"The current weak Malaysia Ringgit foreign exchange rate is an advantage for our Group to improve our revenue growth. Malaysia is a competitive producer of furniture, with markets worldwide. The potential of our furniture industry is evidenced by the global production volume of approximately USD400 billion per year."
WOW GREAT RESULTS! New TP should be RM 0.35. If they get uplifted from PN 17, should be at least RM 0.50. Plus the high USD is a great plus point for them, as they plan to export furniture.
u go check csl, same annoucement like ahb previously. the price purposely push down, and the day after, shoot up. just for bechmark. check csl on 7 september 2015 annoucement.
PRACTICE NOTE 17 / GUIDANCE NOTE 3 PRACTICE NOTE 17 / GUIDANCE NOTE 3 AHB HOLDINGS BERHAD ("AHB" OR THE "COMPANY")PROPOSED WAIVER TO SUBMIT A REGULARISATION PLAN AND APPLICATION FOR UPLIFTMENT FROM PRACTICE NOTE 17 ("PN17") STATUS You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.co
aiyo, those see but cannot eat sure not happy la. How much can we loss at this price? While seeing the profit for each quarter keep sustain and increase a bit by a bit. Even not unlift this round, the company will continue to submit for lifted from PN17 based on the fact where company profit improve! Tomorrow if drop regardless of how many cents during closing, I will quit this forum. Worst case tomorrow is no up no down. The trend is uptrend confirmation already. See chart only talk, signal is there already. But, trade at own risk. I also talk for fun only. No responsibility.
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weechai
30 posts
Posted by weechai > 2015-11-26 22:22 | Report Abuse
What the TP to be