SHUT UP idiots

Sorhai tetap sorhai

Post removed.Why?

Post removed.Why?

Change govt, bye bye to this stock

Only sorhai buy this stock.

Hehe. Whatever. I dun fuck care. You all poor bastard.

Really apa lanjiao lah u all

Yet, you all lanjiao talk also stocj csnt go 0.60

U all so out of my league. I find you all too idiot

And covid 19 is just flu, young ppl won't die. Test apa lan jiao

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Haha another your remiser story who claims to know somebody. Typical syndicate tricks. You all so history lah, i laugh until i fall.

Just like now i tell u hexza and rgt better buy, before missing 100% to 200%. Hwgb news out in March, you all at the last stage alredi. Good luck getting trapped

I slredi earn 400%,*u guess i give a damn on 30% opportunities loss. You all mentality losers

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i have no ethical. my analysis no need you to comment because idiots cant think

you all so angry, because I AM TELLING TRUTH. wahahaha

if u think goreng Adventa for GLOVES, I RATHER YOU GORENG ACOSTECH FOR potential RTO by a glove co

shhhhhhhhhhhhhh

takeover price cap 0.26, apa u nak

after this, ppl still use hand sanitizer, use mask, use hand gloves. So you buy HEXZA, ACOSTEC (BETTING RTO), AND also xxxxx................hehe

ADVENTA IS lousy, HEXZA is better

i look at all above comments, I LAUGH, IT PROF HOW STUPID some can be, buying blindly! good luck

Adventa NO MORE GLOVES, you all idiot or what ? Those purchaser still lived in 10yrs ago mindset, so stupid

IM JUST TELLING HONEST, TRUTH.
HWGB Story apa=== SELL TESTKIT, SELL UBAT.
Now Covid-19 zero liao, who need UBAT AND TESTKIT?
shhhhhhhhhhhhhh, DID HWGB sold a single test kit already? is it sustainable after COVID end?

hahahaaaaaaaaaaa . i saw angry soul have sleepless night again, with this UNCONVENIENT TRUTH!

RGTbhd enough to beat you losers. NOW- ACO===RTO PLAY OF GLOVES COMING. wakaka. you all panic chicken, go buy other things lah, HWGB cannot. Vaccine coming, who need testing kits and medicine. NO POINT LIAO. GLOVES will still be in demand for longterm

WRP capacity 11bil, Comfort only 6bil. if RTO success, this stock will fly faster than Comfort, with the volume x improved ASP.

KUALA LUMPUR, March 25 — The United States has lifted a ban on a Malaysian medical glove maker it had accused of using forced labour, a government statement showed, amid a surge in demand for personal protective equipment to fight the coronavirus crisis.

The US Customs and Border Protection (CBP) on Tuesday said disposable rubber gloves made by WRP Asia Pacific Sdn Bhd after March 16, 2020, will be admissible at all US ports of entry.


The ban placed on WRP in September “was revoked based on recent information obtained by CBP showing the company is no longer producing the rubber gloves under forced labor conditions,” CBP said in the statement.

“We are very pleased that this effort successfully mitigated a significant supply chain risk and resulted in better working conditions and more compliant trade,” said Brenda Smith, CBP’s executive assistant commissioner for the office of trade.

WRP, which has the capacity to produce more than 11 billion gloves a year, could not immediately be contacted for comment.


Malaysia is the world’s biggest producer of medical gloves. The gloves are in huge demand because of the spread of the virus that has infected more than 377,000 people across 194 countries and territories as of early Tuesday, according to a Reuters tally, with more than 16,500 deaths.

The United States is the world’s biggest consumer of medical gloves per person. — AFP

https://www.theedgemarkets.com/article/wrp-asia-pacific-exceo-disputes-boards-allegations

MCO also finish, you need apa test kit, test apa. 0 case, test who. Who is STUPID now?

nexgram cant be trusted, only sorhaI BUY their share to go holland

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see you all at 0.44-0.45 later ya, angry soul

hehe

property sector recover

remember, boh lui dont play stock. MARGIN CALL like gloves will kill you

kakaka. angry soul in HWGB envy me make money in RGT

div 5%, why you worry, hold je

as long as div continue good >FD , im happy. Selangor govt, cant die 1

good stock for longterm. be patient

kaka, today push to 0.60 oh, you all boh luilah, need to wait other shark comein to push it. Later i que sell half at 0.60

Angry soul sold all yesterday, that's why so furious

wow, angry soul bought at high, panic alredi

Post removed.Why?

Post removed.Why?

Losers remain losers. I saw many angry soul here, panic selling today. Wakaka

U guys are poor bastard
Push to 0.60 also cant do, so poor

And he wanna blame who now? Hehe

THE Covid-19 pandemic that has brought global economic activity almost to a standstill has affected many export-oriented industries in Malaysia. The furniture-making industry is one.

Since the start of the year until mid-March, the share prices of furniture makers have been on a downward trend as the pandemic made its way across the globe. Many furniture makers saw their share price plunge to five-year lows during that time.

This has turned valuations highly appealing for some furniture makers listed on Bursa Malaysia, raising the question: Is now a good time to start accumulating furniture stocks, which have been trending upwards again?

Will demand for furniture recover soon, however, to boost the incomes of Bursa-listed furniture makers?

According to Khoo Yeow Chong, president of the Malaysian Furniture Council (MFC), furniture makers are expecting a V-shaped recovery in demand for their products.

In a response to a question from The Edge on how long it would take for demand for furniture to recover post-global lockdowns, Khoo says 42.9% of the industry expects recovery in the first half of 2021, but this will come after a painful 2020.

“The MFC conducted a study earlier this month and the industry is projecting losing slightly more money in 2H2020 than in 1H2020, owing to uncertain global prospects,” he says.

Between 58% and 62% of Malaysian-made furniture are sold internationally, with the US being the largest international market, comprising 42% of Malaysia’s furniture export demands. MFC data shows sales to the US totalled RM4.68 billion last year.

Other major export markets for Malaysian-made furniture are Japan, which comprises 7.3% of exports, followed by Singapore (7%), Australia (5.3%), the UK (4.9%), India (3.4%), Canada (2.9%), the Philippines (2.6%), China (2.4%) and Saudi Arabia (1.8%).

In 1Q2020, exports to Japan, Singapore, Australia and the UK dropped year-on-year, according to MFC. During the quarter, however, exports to the US, India and Saudi Arabia were higher by RM628.7 million y-o-y.

Nevertheless, should cases of Covid-19 continue to be suppressed globally, a V-shaped recovery is expected in 2020 itself, says Khoo. “This optimism shows the furniture industry is resilient and will recover more quickly than other sectors.”

Among the Bursa-listed furniture makers that have attractive valuations is Poh Huat Resources Holdings Bhd. As at May 20, Poh Huat was trading at five times trailing 12-month (TTM) earnings, which gives a dividend yield of 7.75%.

Granted, the Johor-based furniture maker has yet to report a quarter in which its operations were affected by the Covid-19 pandemic and the subsequent global economic shutdowns. Its latest quarterly result was for the first quarter ended Jan 31, 2020 (1QFY2020), which was before the pandemic.

It is worth noting, however, that as at Jan 31, 2020, Poh Huat’s cash and bank balances stood at RM127.85 million, slightly lower than the RM133.08 million it had in the corresponding year-earlier quarter.

Its short-term borrowings amounted to RM17.9 million, with zero long-term borrowings as at Jan 31, 2020. This means the group is sitting on a net cash balance of RM109.95 million.

With total issued shares of 231.1 million units, Poh Huat has net cash per share of 47.6 sen. This means almost half of its share price of RM1 as at May 21 is made up of net cash.

When contacted, a company representative declined to comment on prospects of the group and its strategy to keep itself afloat during this trying time.

In the notes accompanying its 1Q2020 financial results, however, Poh Huat stated that, as the repercussions of the pandemic are still unfolding, the group is unable to predict its full impact on the global furniture trade.

“We are preparing ourselves for the worst-case scenario of a significant drop in demand, supply disruption of materials routed from logistical hubs in impacted areas as well as labour issues due to quarantine procedures or illness,” the group stated.

This cautious outlook could stem from the fact that more than 90% of Poh Huat’s revenue is generated from North America.

While the company is being very cautious in projecting its future performance, the MFC is more optimistic about the furniture industry’s future. It says because of the Movement Control Order, many people upgraded their home furniture because of an increase in usage.

“Moreover, there has been a shift in consumption of office furniture, with the onset of Covid-19 and social distancing. Office chairs have seen an increase in sales, owing to the new culture of working from home,” says MFC’s Khoo.

There are only two research houses that cover Poh Huat. On March 30, TA Securities assigned a target price of RM1.11 on the stock with a “buy” call; Affin Hwang Investment gave it a “sell” rating, with a target price of 62 sen.

TA Securities likes the company for its healthy balance sheet and decent dividend yield. “We believe Poh Huat’s healthy balance sh