With domestic market dominance and high ROIC, it signals strong competitive advantages...Occasional drawback on inventory and account receivable alerted investors, but market already penalized the weeknesses...Long term bullish...
chankp7010 Palm fibre price is declining rapidly. China buyers have been pushing prices down due to declining demand for their mattresses. I would expect the next quarter result to be poorer than the latest published result. As HHG has committed so much capital expenditure in Gua Musang there is a possibility of facing cash flow problems in subsequent years. I have exited this counter even at a loss. Suggest avoid this counter to move on to other better prospective companies 05/12/2015 08:55
chankp7010 HHG is involved in biomass industry. I considered it as a very volatile business. Currently, this business is facing problems securing buyers in China. I heard rumors about plant being shut down to cut production. If this is true, then coming financial reports will be doomed. Please do your own research before investing in HHG; market price will be even lower than current price if those reports that I gathered is truthful. Personally, I have disposed all my holdings even at a loss in this counter. 30/12/2015 10:23
chankp7010 Please run away from HH Group if you wish to save your hard earned cash. Palm fibre is not sellable in China anymore. Romours were circulating that its factory has ceased few lines of production due to slackened demands! Do you believe such talk? Why not pay a visit to the plant to see for yourself 02/01/2016 08:27
chankp7010 You don't need to be an expert. If you are in this trade of palm fibre, then you will know how difficult to see to China market now. Not only cheap but quality must be good. So cheap that it is below cost for HHG. Just wait till end of February to view this latest quarter results, you will be convinced what I said. 04/01/2016 12:46
chankp7010 For yeohhh, In this forum for investors, all are encouraged to give their thoughts and viewpoints. My purpose of writing is noble, trying to warn those naives and newbies to get out of this doomed counter. If they failed to do so now, they might be trapped once the coming quarter results are released. If you are not in agreement with what I have written, please ignore them. Also if my language has hurt you, I now apologized for it. Even though you posted what I have said on 30/12/15 and 4/1/2016, the contents are still the same, not contradictory. AVOID HHG 04/01/2016 20:01
chankp7010 My prediction is, for the coming quarter results will be very bad! Those in the same line of business in Palm fibre have suffered tremousdously. I am not here to kill your spirit but to provide a strong warning so that you can act shrewdly and prudently. Your money and your action will be accounted for,by yourself and not someone else. 15/01/2016 07:23
Can see how people predicted the results way before the announcement.
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....
RosmahMansur
2,870 posts
Posted by RosmahMansur > 2016-01-17 23:59 | Report Abuse
Hi Leon, sorry i dont simply give out my contacts to ppl whom i do not know.
Btw, pls avoid HHGroup for now. Pls sell on weakness. The ideal price is 42sen only. The failed trades with China complicated its business.