Target Invest - We Target, We Invest
BE SMART AND DOMINAN !!!! INVEST DOMINAN ON UNDERVALUED POSITION
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Looking for the next trend play in Bursa Malaysia? No need to look further, neither left or right, east or west. The trend that is in play and will continue for a while will be the furniture theme play. But not all furniture player are going to benefit from this Work From Home, only a certain player stand out to benefit more.
Hence, I would like to point out to the FURNITURE HUB of MALAYSIA, that is in MUAR, JOHOR. This is the place where all the popular and branded furniture maker gather together, where raw material, skill worker are centered in a location.
According to data, the furniture export from MUAR, JOHOR represent 50% of the whole Malaysia. That is a very commendable figure to say.
The current COVID-19 situation had created a new market - WORK FROM HOME. This new opportunity is currently having a big void to be filled up for most of the exporting furniture player in MUAR.
The EDGE - Local Furniture players get a boost from WORK FROM HOME POLICY from the US.
According to the report, furniture maker in MUAR stand to benefit from US 2 trillion (RM 8.3 trillion) stimulus cash hand out.
So, how are furniture player in MUAR performing in terms of share price? .
POHUAT - REBOUNDED HIGHER FROM THE SELL DOWN DURING LOCKDOWN
WEGMANS - REBOUNDED HIGHER FROM LOCKDOWN SELL OFF
LIIHEN - REBOUNDED HIGHER FROM LOCKDOWN SELL OFF
SWSCAP - REBOUNDED WITH GOOD UPTREND
WHEN MOST OF THE FURNITURE MAKER IN MUAR ARE HAVING THRIVING BUSINESS, HOW ABOUT THE SUPPLIER FOR FURNITURE MAKER ????
I WANT TO INTRODUCE TO YOU - DOMINAN 7169
LESS KNOWN TO MOST, BUT THIS WOOD PANEL / PLYWOOD SUPPLIER TO FURNITURE MAKER IN MUAR AND VIETNAM IS UNDERLOOKED
HOWEVER, THE POTENTIAL TO REBOUND BACK TO IT'S NORM SHOULD NOT BE FAR AWAY AS DOMINAN IS A GOOD FUNDAMENTAL COMPANY, PAY DIVIDEND FEW TIME EVERY YEAR, NTA RM 1.80 AND WELL MANAGED WITH GOOD OWNERS.
DOMINAN STAND TO BENEFIT FROM
1. STRONG ORDER FROM FURNITURE MAKER AT MUAR
2. BETTER PRICING IN WOOD MATERIAL
3. LOWER INTEREST RATE WILL BENEFIT THE OUTSTANDING LOAN TAKEN BY DOMINAN
CURRENT PRICE CHART WILL SEE DOMINAN IS READY TO BREAK OUT FROM THE LOW PRICE RANGE, CONSOLIDATION ALREADY MAX OUT AND READY TO GO UP
DOMINAN
DOMINAN TARGET RM 1.00 year end. SUPPORT WITH STRONG FUNDAMENTAL
For latest information, can join us at
Blog https://targetinvest88.blogspot.com
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
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Discussions
Be the first to like this. Showing 6 of 6 comments
If within 6 months.. From 70 cents can appreciate to RM 1.00..
That is 40% increase... SHould be way better than the 2% FD rate
2020-09-30 09:36
Dominan hasn't been profiting since 2018 and their losses has increased up to the recent quarter.
https://klse.i3investor.com/servlets/stk/fin/7169.jsp?type=ttm
I'm interested to have a different view and to invest some money in it. However, it looks merely of a technical buy now, provided it breaks the current resistance with healthy volume. However, fundamentally, What are your numbers to support the RM1 at year end?
To clarify, I'm not saying you are wrong, just want more information to make better decision. There is a responsibility to be clear if you make posts like this as this will affect people's decision and their money.
2020-10-01 11:23
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CS Tan
4.9 / 5.0
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....
greedy44444
Starting 1st October market will become sideways with less volume from fewer retail players. Not advisable to take position now.
2020-09-30 01:14