SHH RESOURCES HOLDINGS BHD

KLSE (MYR): SHH (7412)

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Last Price

1.09

Today's Change

-0.01 (0.91%)

Day's Change

1.09 - 1.09

Trading Volume

2,200


7 people like this.

1,307 comment(s). Last comment by goldmanbull 2024-05-03 16:41

Posted by theavengers > 2015-03-31 19:06 | Report Abuse

Yaya....now is at consolidate stage.heading to north ...

candygirls

797 posts

Posted by candygirls > 2015-03-31 19:35 | Report Abuse

Yes, from Pagoh to Seremban

whitesheep

393 posts

Posted by whitesheep > 2015-04-01 00:33 | Report Abuse

no hevea deal , so price will come down

paperplane

1,403 posts

Posted by paperplane > 2015-04-01 00:36 | Report Abuse

Go back rm1

Zhang

23 posts

Posted by Zhang > 2015-04-20 22:28 | Report Abuse

Not sure my friend, still negotiating so it's still 50/50 . But I think it's still on bcos tho both parties came out with identical announcements day b4 yesterday price has remain steady... Very small profit taking after recent rise. It cld have drop at least 20-30 cent if the negotiation really fall thru. In my opinion the deal is still on. Just buy n keep for just a wee while... Godwilling U will not b disappointed . Just my 2 cents opinion .

paperplane

1,403 posts

Posted by paperplane > 2015-04-01 11:27 | Report Abuse

P/E=1.42/EPS=0.052(take half year x2)=27!!!
OMG, SKy high P/E
Graham net net=1.33

NTA1.53

Good thing is low debts, with cash. The operation expenses si beh high until loss....
CFO from operation also not really beautiful.

Top30% share holders holding 86.81% , easy to push the price up as outside little share trading. Tht's why see spike.

kakisaham

7,263 posts

Posted by kakisaham > 2015-04-01 12:50 | Report Abuse

Anek jangan lupa ini kaunter...hit n run...cari masa sesuai...bay be tomolo

KAQ4468

21,497 posts

Posted by KAQ4468 > 2015-04-01 13:19 | Report Abuse

Ada bau macha ada.....aku dah add dalam favourite ....

saltedfish

3,282 posts

Posted by saltedfish > 2022-10-18 09:34 | Report Abuse

SHH uses a lot of particle board to make drawers and the inner part of hard wood furniture

saltedfish

3,282 posts

Posted by saltedfish > 2015-02-09 16:39 | Report Abuse

MDF board made by Hevea can even replace the surface/outside appearance of SHH products, therefore reducing the hard wood contents of SHH product

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:10 | Report Abuse

I give you guys a furniture lesson :

For SYF to make particle board to support their hard wood furniture making is a daunting task because particle board production lines can be 5 times the cost of hard wood production line, not to mention the technical know-how involved

saltedfish

3,282 posts

Posted by saltedfish > 2023-08-17 21:49 | Report Abuse

On the other way around, for Hevea to go downstream to support hard wood furniture production is sap sap sui in terms of capital involved and technical know-how

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:11 | Report Abuse

That is why you can see SYF is struggling to pull off their particle board production line in Gemas, which actually lead them to consider buying up Mieco. This explained the recent run-up in Mieco shares but the deal won't happen because no banks are going to lend to SYF, Ng Ah Chai or Chee Hong Liang because they are not furniture men but corporate raiders!

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:11 | Report Abuse

Then of course Mieco lousy FA and track record also didn't help, Lol

paperplane

1,403 posts

Posted by paperplane > 2015-04-01 15:12 | Report Abuse

p/e>27, runnnnnnnnnnnnnnn

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:12 | Report Abuse

I am sure the management of Hevea see the 'hidden' value of SHH in what they can do with it after acqusition, and this is not something you and me can see

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:12 | Report Abuse

Hevea don't have a strong presence in US, and their market is mainly Japan and China. On the other hand SHH's market is mainly US. If Hevea takes over SHH, they gain immediate access to US market, although both products are a bit different.

saltedfish

3,282 posts

Posted by saltedfish > 2023-10-24 15:28 | Report Abuse

Beside the amalgamation of both Hevea and SHH facilities to make 100% furniture in-house (particle wood/MDF + hardwood furniture), do you also know the that by so doing (merging), Hevea can cover a much larger market footprints?

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:13 | Report Abuse

If Hevea merged with SHH, Hevea existing products goes to USA while SHH products goes to Hevea's Japan customers. Do you see the grand plan now?

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:13 | Report Abuse

And SHH's 40 acres of industrial site next to Pagoh toll is the other magnet which, in my opinion, Hevea will sure eat up SHH in these 2-3 months

saltedfish

3,282 posts

Posted by saltedfish > 2015-01-05 08:33 | Report Abuse

Mind you, that 40 acres only has a few million book value and it is not revalue not since 1996 when SHH went public. That is 20 years of land appreciation without revaluation! You go do the numbers and you will agree with me that SHH is a great buy!

saltedfish

3,282 posts

Posted by saltedfish > 2015-01-07 09:09 | Report Abuse

Picture this : Hevea's factories are in Gemas and Seremban while SHH's in Pagoh. It will form a "golden triangle" type of manufacturing facilities in less than 100 kms from each other!

saltedfish

3,282 posts

Posted by saltedfish > 2024-01-15 09:04 | Report Abuse

That easy and golden triangle reach which is accessible by the North-South Highway, is a manager's dream for convenient management, logistics and even central material purchasing and distribution for both Hevea and SHH !

Rockford

319 posts

Posted by Rockford > 2015-04-01 15:24 | Report Abuse

More collectors than sellers at the moment. Currently at neutral position and inclining. Looks good. May wait for it to down a little and compare the take-up before jumping in

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:28 | Report Abuse

Rockford, you read momentum from hevea to SHH here...Lol

paperplane

1,403 posts

Posted by paperplane > 2015-04-01 15:54 | Report Abuse

walao, like an old guy keep mumbling........

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:55 | Report Abuse

Hah, Hevea forum no kaki ah, come ge bo here

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 15:57 | Report Abuse

Surelah, WB down 8 sen, SHH up 2 sen. Lol

Rockford

319 posts

Posted by Rockford > 2015-04-01 16:03 | Report Abuse

Holding well...lets see if drop below the neutral buy rate whether can hold

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 16:10 | Report Abuse

Both Hevea and WB weak like sai today

whitesheep

393 posts

Posted by whitesheep > 2015-04-01 16:24 | Report Abuse

hevea is not the buyer

paperplane

1,403 posts

Posted by paperplane > 2015-04-01 16:32 | Report Abuse

Dont know who is 青头仔

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 16:54 | Report Abuse

No point arguing lah, hitplane. Lol

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 16:55 | Report Abuse

Some kambing just come here and say nonsense without reason. Lol

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-01 16:56 | Report Abuse

Market too many goondo like this, no wonder so easy cari makan in the market. Lol

whitesheep

393 posts

Posted by whitesheep > 2015-04-01 23:00 | Report Abuse

not need argue ... just i know who is the serious buyer ...

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-02 00:59 | Report Abuse

Not Hevea then you? Lol

Taipa

188 posts

Posted by Taipa > 2015-04-02 04:17 | Report Abuse

Good company whoever got money also interested to buy la

candygirls

797 posts

Posted by candygirls > 2015-04-02 09:17 | Report Abuse

it needs Hevea to scale a new height for SHH. Buy SHH for that day!

paperplane

1,403 posts

Posted by paperplane > 2015-04-02 09:41 | Report Abuse

see! crash to 1.41!! hahahaaaaaaaaaaaa

whitesheep

393 posts

Posted by whitesheep > 2015-04-02 11:45 | Report Abuse

i scare later buyer and seller settle behind the door and the stock price just head south to previous standard ...

Rockford

319 posts

Posted by Rockford > 2015-04-02 15:19 | Report Abuse

Weakness detected. Buy rate not supported

candygirls

797 posts

Posted by candygirls > 2015-04-02 17:50 | Report Abuse

All sinkarlin, SHH is trending upward and volume bigger than hevea la

candygirls

797 posts

Posted by candygirls > 2015-04-02 17:52 | Report Abuse

see! Shoot to 1.45!! hahahaaaaaaaaaaaa

candygirls

797 posts

Posted by candygirls > 2015-04-03 07:37 | Report Abuse

Clean air here, unlike in hevea forum where everyone fight!

candygirls

797 posts

Posted by candygirls > 2015-04-03 11:10 | Report Abuse

Current volume still bigger than Hevea

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-03 12:09 | Report Abuse

Haha, actually SHH current volume is bigger than Hevea plus WB combined. Lol

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-03 16:01 | Report Abuse

Selling pressure well absorbed. Sui

paperplane

1,403 posts

Posted by paperplane > 2015-04-03 21:14 | Report Abuse

Absorb?

saltedfish

3,282 posts

Posted by saltedfish > 2015-04-03 22:08 | Report Abuse

Haha, look how people play shares lah. Last half an hour let you throw down to 1.41 but stand firm there. Unlike your WB, closing is fake from 2.03 jumped to 2.07 with 50 lots only. Lol

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