Posted by Harryt30 > 2015-09-14 09:38 | Report Abuse

Good job mate!!!

Posted by Vinnie > 2015-09-14 10:25 | Report Abuse

Harry: Thank you! Still need to learn a lot from you ;)

Posted by kakashit > 2015-09-14 11:12 | Report Abuse

tq for helping me pushing up the price, im gonna let go soon, juz a few cents higher

Posted by RicheHo > 2015-09-14 17:51 | Report Abuse

Firstly, current ratio and acid test ratio is just a number, should not have $$ sign. A single ratio actually doesn't bring much meaning, it only show liquidity. It needs to be compare with previous year. Besides, acid test ratio doesn't reflect the inventory turnover. Try this --> Inventory holding period

Secondly, they do not have any any relationship within them, so it is not consider circulate among family member, maybe among directors themselves.

Thirdly, reduce in borrowing doesn't mean the management financing part is good. It needs to compare with cash in hand also. For example, the debt reduced by 10k, but their cash on hand reduced by 20k.

Fourthly, strengthening of RMB & USD are actually bad for the company, even though the largest portion of revenue is from China. Cannot conclude based on the revenue segment only. Err, you can refer to annual report's sensivity analysis.

However, the company had expansions which sound goods. The business itself is quite unique and good for environment. I think it is considered good among the small cap. company. Do notice it from time to time as it doesn't have much historical result.

Gar yao Vinnie! :)

Posted by Vinnie > 2015-09-14 18:55 | Report Abuse

Thanks for comment Riche! It is really helpful for me. Hehehe. (Feeling motivated!) ;)

Posted by repusez > 2015-09-15 11:25 | Report Abuse

hi have you check on the foreign currency hedging by HH group,based on last year Annual report pg110, RMB / RM strenghten by 5% their profit is making loss of rm176K . they also hedge their receivables, since now the USD already appreciate , their hedging should be making losses. or maybe i interprete it wrongly.

Posted by Vinnie > 2015-09-15 20:57 | Report Abuse

Hi, Repusez. Yes, you are right, thanks for information & your comment. Will aware that in future. :)

Posted by Kenny Boon > 2015-10-30 11:16 | Report Abuse

A great sharing for me. Keep going on.