USD getting stronger and Homeritz qtr result above expectation , market maybe forecast LiiHen and Pohuat will get better result as well and price start boost up. My target 1.60-1.65

I bought at 2.15,2.09,1.46,1.36 all the way, average cost now around 1.70 , Haha...

@New_Investor92, I had FFB from IPO , sell 1/2 at 1.8xx, another half hold and let it flow. if below IPO price still consider profit, if can break out 2.0 is extra. Use extra money buy Farm fresh milk every day drink Farm fresh milk and let it break 2.0 in future. Haha.

Buy Farm Fresh milk and everyone drink farm fresh milk 1 bottle per-day , price should able push to 2.00. Haha.

GenM, breakout 2.90 was good news and if able sustain. Next resistant should =3.10. If able breakout 3.10 this huge resistant. Maybe will be rocket to 3.50.(Too many investor buy and stuck at 3.10-3.30)

Result as expected!! Share price should reflect it own value.TQ

Coming qtr report will be great compare with last qtr or YoY. Share price on furniture need wait for market trend and news. Currently can buy and hold for dividend.

Break last year's 1.63 . High possible breakout and toward 1.75.

GCB Technical Anlysis show move uptrend to RM 3.00 to RM 3.10 , chart pattern almost the same like Mar'21. Let see whether same history happen again.

Contract awarded, time heading to RM3.00

US order slow down.

Most of factory workers include production workers go to clinic for their booster.Every week xxx workers

Manufacturer will ship out their backlog during Oct to Jan'22 , sales for next qtr report should be new high.
Sales Order from oversea a bit slow down compare last year.

This qtr is bad, but next qtr will be pao huat, most of furniture industries sales will be record high, mark my word ...

I still keep this counter.

After Sept'21 vaccination, most of furniture had run at full load, all back order shipped on Sept and Oct'21. Therefore Qtr4 should be profitable.

cancel is good, investor don't like this acquisition.

My opinion, will not affect dividend but affect share price at short term, long term i think government will back to 24% again.

Most of factory work at full load and some of them work until 10 or 11pm. Too many backlog.

Bullrun1985, i think person who read and write this forum still holding pohuat. Haha...

@Bullrun1985, now factory do self-test, if few cases, i think most of factory choose no report to kkm and do self quarantine. If 20% of worker kena covid, they need to report.
Now, buyer start chasing for their sales order after resume work, i do see any cancellation from buyer yet.(Not easy for buyer do switching)

4c dividend will approve on 23Sept 2021 annual general meeting. Wait for announcement!

Will start goreng after this news? Same like Oldtown case?

Some of furniture factory will start resume their operation next week include my workplace.

GCB ,slowly in uptrend again, forward to 3.10

Shhh...., someone was watching.

Pikas start 2 Aug and second dose at 23rd Aug and 23rd +14 days =5 Sept. Pikas first day was not LiiHen, therefore i not think production unable to operate unless there not register under Pikas.

Operate without approval. Already had second dose but didn't wait for 14 days.

If cannot sustain at 2.80, i wait you at 2.30

Breakout 2.90 and toward 3.00 again. Good sign

Nakata,As i understand, not related at all. Price was from 3.4x and bottom at 2.56-2.58 regardless oil price increase from USD4x to USD7x,accordingly to fib retracement, now is time reverse up when breakout at 2.74,and try to test resistant at 2.9x , it able to break out,second resistant should be at 3.30.

Accoringly to Pikas progress, a lot of furniture manufacturer had been complete their second dose vaccine by end of Aug'21. Accordingly to MKN SOP, most of furniture manufacturer allow to operate before 10 Sept'2021.

Pangolin Asia Fund from Singapore is long terms investor and acquired Poh Huat. Maybe can give some hint for investor.

I feel the same, StreetAnalyst. I am disposed all, wait for better entry price.

Factory start cucuk 02-Aug-2021, MFA soon will liaise with MITI when can be open , hope middle of Aug.
For same industries, next qtr result, i will forecast, no eye see.
For this industries , if buyer want to switch to another, it may take half year switch from one supplier to another supplier. I forecast if open , all factory need take extra effort to chase back their back order before buyer give new order. Better result must wait for next next qtr.

From history performance,If you are short term investor(2 to 3 months), run..., if you are plan for long terms(mean 2 to 3 years), maybe current price is good investment price.
My long term view is based on current PE, history dividend.
I hold because current portfolio still ok.

Hope 2 week later Johor factory can start operate.

if below 1.25 , it had been down trend

Soon, wait for their qtr report this month after FMCO, should be quite good result.

Top-up at 1.44 yesterday, expect good revenue next quarter compare with qoq and yoy.

Pecca encounter resistant at 4.70, PE a bit high now,latest qtr report good result,eps increase ,PE down , next qtr must with good result in order to sustain current price. In short term price may not able increase too much as per this year Feb to Apr.
Hope their can bonus issue in future because 4.50 will be a bit high if compare with their revenue and net profit.

No, production line will be fully load,office 60%. 上有政策，下有对策。Office 40% WFH most of furniture manufacturer are acceptable but foreign worker should let them work or else no point ask them stay at hostel.

Liihen's revenue increase but Profit decrease due to shutdown 1 month for whole group. Poh Huat encounter shutdown as well but Vietnam still operation. Therefore impact should not as worst as LiiHen.
My forecast, Poh Huat revenue will increase as well because furniture sales to US still good. QoQ should be better than last qtr, YoY should be better than last year. But it cannot as good as last year Q4.
Current price drop because ppl saw LiiHen result not good from general.
I still hold. now drop almost my last year buying price.

Poh Huat and Lii Hen at Jorak, Bakri is another area ,more than 10km, Bakri - listed company Homeritz, Mobilla , affected listed company can refer to their bursa company announcement. Others affected company like LB , Timxxxxxx, UXXXXX and etc... from small to medium size company.

All case from furniture industry. Now most of case from bakri.

timber price up did not related with Poh Huat. Panel furniture concern on chipboard, hardware and carton price increase . Most of Western customer can accept price increase during this period. Therefore,affect should be minimum.

Current share market did not focus on furniture , therefore volume very low and price can't move.Wait for Liihen result first. market will know how to react.

Hold at 1.10.... , based on MA20, still uptrend after break 1.01 on 19 Apr

Hope can split 1:4 , Huat Ah..

Today seem still able stay above RM4.00 and i still hold...