With US election and year end interest rate hike. USDMYR will shoot toward 4.400 again. Poh huat again will have a windfall gains in the forex and as well as good demand from US market

All round improvement in economic sentiments and business confidence amongst our customers, coupled with the continued strength of the US Dollars, suggest better purchasing power and sustained demand for the Group’s products. The recent completion and commission of our reconstructed finishing line cum warehouse facilities in Binh Duong, Vietnam has added 20% to the capacity of the Binh Duong plant and more importantly enhanced our manufacturing capabilities and efficiency. Consistent with our efforts to move up the value of its products, the modernised finishing line will enable us to take on higher range products which will contribute more meaningfully to the Group’s bottom-line from FY2017 onwards

http://www.theedgemarkets.com/my/article/bank-negara-cuts-opr-25bps-first-time-2009

look at the trend of this director. he has been disposing share regardless of the good result last quarter. obviously he wants to cash out. plus last year this quarter, the coy had fire dmg and resulted in lower profit and with the recent 2m claimed by insurance and almost full capacity run in the production. YOY will definitely grow substantially.

usdmyr up 200pips to 4.1700.

usdmyr now at 4.1500. heading towards 4.2000

better than expected US new home sales data, plus USD is going higher on the back of US interest rate hike. Both news are good for exporter like Poh Huat.

A report today showed April new-home sales surged to the highest level in more than eight years, pointing to a robust spring selling season for builders. The median sales price climbed to a record, reflecting a pickup in signed contracts for more expensive properties.

a surge in home sales fueled speculation the economy can withstand higher interest rates amid rising bets the Federal Reserve will tighten policy this summer

http://www.bloomberg.com/news/articles/2016-05-24/s-p-500-futures-signal-stocks-to-open-higher-before-housing-data

“We expect to announce the balance of the six out of ten viaduct work packages within the next three to six months’ time,” he said at a press conference at the launch of the second MRT Young Entrepreneurs Programme (MYEP) yesterday.

http://www.thestar.com.my/business/business-news/2016/05/12/more-contracts-for-mrt-line-2-to-be-announced/

offshore usdmyr is trading above 4 now. tmrw should be higher !!

usdmyr 3.9800. trying to breach 4.000

http://klse.i3investor.com/servlets/ptres/35650.jsp

http://klse.i3investor.com/servlets/ptres/35633.jsp

they even have higher EPS and ROE as compared to big players like gamuda

55% yoy and 42%qoq. What else are u guys waiting for. Lowest PE among the construction players

look at the rest of the construction counter coming down because their PE is extremely high at ard 15 -17 range while gadang only at ard 6. There's more room for gadang to fly to reach the market valuation.

yea. PE is way below market average. investors are buying on cheap valuation. It doesn't always need news on push the price higher.

if u were to compare the PE ratio of the industry. Gadang has the lowest among all the MRT contractors.

some jokers just do not use their brain and think. obviously govern will diversify the contractors and everyone will get a piece.

hevea just posted excellent result. Poh huat should follow suit. Buy while it's low. dont miss the chance

MRCB should record a good profit with all the projects on hand for 2016 FY

We believe MRCB’s earnings turnaround should be more visible in 2H as progress billings from 9 Seputeh pick up, while earnings from LRT3 PDP fees and new construction contracts kick in. Maintain BUY and MYR1.60 TP (32% upside). Earnings visibility is underpinned by its MYR4.3bn construction orderbook and MYR1.6bn unbilled property sales.

http://klse.i3investor.com/blogs/rhb/91683.jsp

quarterly result is coming out next week. Guess someone has insider info and bought ahead of the announcement. time to buy before its too late

profit margin will improve with the latest move by BNM as the loan interest payment will drop

BNM surprised SRR cut yesterday will flush the market that may push down the loan cost of fund. With the few billion projects in the pipeline, gadang will be able to benefit from lower interest rate loan and bigger order book.

USDMYR on upward trend to break 4.4000 next monday due to better than expected payroll date. Export oriented stock should have another record PNL next quarter. With the increase in global uncertainties and 4 more US interest rate hike, USD will still remain as the bullish currency in 2016. Poh huat will definitely benefit from the currency gains on top of the increase in sales. WIN WIN situation.

USDMYR on upward trend to break 4.4000 next monday due to better than expected payroll date. Export oriented stock should have another record PNL next quarter. With the increase in global uncertainties and 4 more US interest rate hike, USD will still remain as the bullish currency in 2016. Poh huat will definitely benefit from the currency gains on top of the increase in sales. WIN WIN situation.

http://www2.theedgemarkets.com/my/article/export-driven-stocks-continue-shine

Export-driven stocks continue to shine

the next quarter result will be superb !!!

Market should be bullish now because Christmas season and NY will boost the demand for tin for sure. and also CNY is coming real soon, the demand for this quarter should be good on all these festive season.

Just wait. the new launches is on the way towards the year end. You should see the share price spike up very soon

new launches is coming really soon !!

http://klse.i3investor.com/blogs/PublicInvest/85597.jsp

latest coverage by public

shareholder approved the share buyback up to 10% of the market cap. Maybe it's time to fly !!

http://klse.i3investor.com/servlets/anpth/1111984.jsp

good news for the property sector

http://www.theedgemarkets.com/my/article/stamp-duty-exemption-20-financing-instrument-home-purchases

good news for the property sector

http://www.theedgemarkets.com/my/article/stamp-duty-exemption-20-financing-instrument-home-purchases

share buyback means the management think that the current price is undervalued. I foresee this share will move up very fast soon.

ur paying 0.33 only for the cash balance. Please take into consideration of the NTA and see how much ur paying for the company assets. ur buying way below the book valuation price. 10 cents worth of stocks of own the company NTA, please do ur homework.

Most important NTA is above 0.60 which mean ur buying the company asset below the market price now.

Fundamental we all know this stock is undervalued. Long term investor will gain from the potential upside when new launches. Strong CF will allow the company to continue to expand their landbank which is under the negotiation right now as the group is in the midst of acquiring 112 acres in Seksyen U10 Shah Alam, near Bukit Jelutong, and is currently awaiting approval from the authorities. The project, earmarked for landed properties, has an estimated gross development value of RM1 billion.


http://klse.i3investor.com/blogs/dummyinstockexchange/84191.jsp

the next launch in the pipeline is astorial. GDV more than 700m++. Hopefully will be soon, then it will be more than the last whole FY revenue.

just be patience and wait for the launches. L&G's new developments in the pipeline in excess of RM2 billion. The market cap by then will easily break 1b, meaning the price should go above RM1.

This is a long term investment which may yield more than 100% gain.

well astorial GDV ard 900m +. as long as they manage to sellout 50% of it, it will be more than the last FY renenue of 500m+. on top of that, they still have unbilled sales in Damansara Foresta condominium and 8trium

http://www.thesundaily.my/news/1496662

Property mart to see interest boom from local, foreign parties

KUALA LUMPUR: Malaysia's property market is poised to see interests not only locally but from foreign parties capitalising on the weak ringgit, said global property consultant, Knight Frank Malaysia.

In a statement yesterday, managing director, Sarkunan Subramaniam, said this was evidenced by recent activities in major commercial property investment transactions such as the acquisitions of Integra Tower and DoubleTree by Hilton among others.

"With the Fitch Rating maintaining Malaysia's long-term foreign currency issuer default rating at 'A-' and local currency at 'A' and added with an overall outlook revised from the previous negative rating to stable now, the ringgit is expected to strengthen in the long run and creating the absolute right time for foreign investors to be looking at Malaysia," he said.

He said the company has appointed James Buckley as executive director for Capital Markets.

The appointment indicated the strategic importance of capital markets in Malaysia for the group's business, he said.

Meanwhile, Buckley said, Malaysian corporations were not new to overseas investment, but over the last five years, their investments, particularly in the matured, transparent and accessible markets of the UK and Australia, had continued to rise.

"Knight Frank has advised on over US$3 billion (RM11.4 billion) of investment transactions across Asia-Pacific and US$38 billion of commercial sales and purchases globally over the past 12 months," he said. – Bernama

Astorial ampang has not launched yet. go to their website and register for pre-launch if you are interested.

The Greece uncertainty is causing the global equities rout. Hopefully it will be over soon.

if u read the global news, you will know that this is not reflection of the company fundamental, it's the global sentiment towards the deadlock on the Greece debt negotiation which escalate the risk of Greece exiting the Eurozone.

just guess how much the share price will move up when the revenue double up.

lets just wait for the launches 2nd half of the year. It will boost the sales to at least 1b, double of last FY14.

next FY will be able to make more than 500m revenue easily with all these launches.