Jessie's explanation is sensible

For me it's about numbers, balancing return against risk and making sensible choices. It's a good path to thread on. It has provided well for my family. Keep writing and learning.

I doubt that. Its still under accumulation.

Be patient. I reckon its still not the right time for a major push yet.

Oil has fallen to USD45 so theoretically the RM should fall. I think one reason why RM is strengthening is because foreign investors have returned to Malaysia the past 3 days. I would not depend on this. Foreign investors have a tendency to execute a 180 degree turns very quickly. A possible catalyst to cause this is merely talk of a US rate hike. With the latest job numbers I think this is a possibility.

Patience.

No such thing

ditto...

All good. Cheers everyone.

I do not think much of NTA. That is only useful in a fire sale. Evergrn has a PE of 9.91 and that seems ( to me anyway) fully valued already. Unless you have some information of new income stream and how much that income stream is, I do not believe Evergrn has much upside. Hevea on the other hand has a below industry PE of 7.03 and should be good for 8.5PE.

Brexit is highly unlikely. England is not doing well economically and a Brexit at this moment would only increase the risk of a recession. Nationalistic notions aside, I do not think a typical Brit would cast a vote for recession and the hardships that comes with it.

Be patient. More time may be required.

I realise we got nowhere today but that is OK. There are a lot of sellers and the operator is taking his time grinding resistance down. These things take time to do. I think Hevea is undervalued now and should in time reflect its true higher price. I opine RM1.50 as a short term target.

Not a bad result considering today is T + 3.

Congratulations everyone.

Today was due to Latitude and Hevea is not Latitude.

Most likely due to Latitude which declared a "bad quarter".

I hope they did not invest it in the stock market! That would be going against the IPO deed.

Quarterly report is out. Results is only so so. Anyone knows what the "other investment RM14,757,000" is all about. There is no explanation that I can find.

PE still 20 if we ignore the last quarter write offs. Good luck.

Might as well say RM2.20 : )

Hmmm. 6 sens down now. What happened??

Typical Tecguan. No detail in its disclosure.

Malaysian market is cyclical. Investor theory may not work very well here.

The 6 sen dividend is a surprise. I had expected only 3. Liihen should go up convincingly given the short ex-date of 6 March coupled with the rise of Hevea. Congratulations everyone!

Last year it was 26/2, a Thursday.

What is significant is that Liihen has finally broken RM2.60 (a resistance price) and has stayed above this price today. Should be good for RM3 early next week. I an holding.

Uncle Koon
I think you are doing good. Keep it up

One good reason why the rm has not fallen is the recent emergence of buying by foreign investors. These guys change direction quickly so I would not be so sure about the rm gaining.

Wait for it.

Uncle Koon. I think that is a common problem. There is no need to regret. We should always look forward.

That is in 3 days time. Many things can happen the next 2 days so how can you make a statement like that.

Trustworthy would be a more apt term.

Market is simply not rational in the short term. Stay focus, you will both be fine soon.

I do not believe the party is over. I believe furniture companies are just consolidating. Various operators are taking advantage of a poor down market to re-accumulate. We have seen this in the past. Once this is done and it will take time; Pohuat will move again.

Ryan88, Its a pleasant surprise. Lets hope it keeps going that way.

A realistic target would be RM2.60 by end of January and at least RM3.00 and higher by end February.

No. No adj will be made ex div for WB.

Game over (for now). Glad I picked up a bit.

Probably so. There is somebody throwing big quantities at 2.63, 2.62, 2.61 and now 2.60. Rather reckless as the next MAJOR seller's price is 2.67. Question is do they know something that we do not know??

Problem with hevea

Playing possum. Weeding out weak holders.

Yes. Clearing "weak holders".

Down 2 sens which is not bad considering that KLCI is down 17 points now. Pohuat should recover and go up by tomorrow.

Probability is good that we will see 1.20 for the son by this coming Tuesday.

Pohuat is now a 50,sen par value share following recent share split. Hence 4% is equal to 2 sens. Ex div impact will be insignificant as it is already priced in.

Well done. A good result and another 2 sens dividend to be declared during the agm.

Some persistent sellers. Steady and slowly eliminating weak holders.

Show of strength. We are probably bullish.

Never enough and I hate to increase my margin account. Selling well absorbed.