Posted by observatory > 2020-01-06 12:45 | Report Abuse

What's the expected impact of the new minimum wage at RM1,200 per month starting 1 Jan 2020?

The minimum wage is set to increase year after year given the pledge of RM1,500 target set by the current government. Any idea how much automation is possible for furniture makers?

Posted by ruby20 > 2020-01-06 16:31 |

Post removed.Why?

Posted by ruby20 > 2020-01-06 16:31 | Report Abuse

Q1 shows revenue growth... the only thing missing from Homeriz.

Posted by sharemania > 2020-01-06 16:34 | Report Abuse

how to analyse whether warrant is a better buy than mother share ?

Posted by david_jansen > 2020-01-06 19:42 | Report Abuse

HOMERIZ (5160)

自2016-Q1, 2016-Q2以及2017-Q1三个季度的Net Profit破RM8 Mil以上，就不曾有这么高的Net Profit。

直到今天出炉的2020-Q1业绩，Net Profit又再次破RM8 Mil以上，证明管理层在降低成本的措施做得非常好，销售量也增加！

可能很多投资者不知道，HOMERIZ家私产品跟很多家私上市公司有很大的差别，而且是家私业中Net Profit Margin最高的，接近20%的Net Profit Margin，甚至更高！

关于它的Dividend Policy 40%，是一支值得收股息的上市公司。如果以HOMERIZ派发股息10年的记录来看，平均DPS=3.79, 以现在的价格（0.665）是5.70%的股息利率！

以它2020-Q1的Financial Statement来计算：

Quick Ratio = 6.02【if >1.25, it's desirable】

Current Ratio = 7.35【if >2.0, it's desirable】

Debt Ratio = 0.11【if <0.50, it's desirable】

Debt-to-Equity Ratio = 0.12【if <0.75, it's desirable】

Cash Ratio = 5.14【1 or higher, it's desirable】

处于超级健康水平。

现在，HOMERIZ拥有RM86.432 Million的净现金，属于Net Cash的公司。

如果接下来的季度【2020-Q2】保持着2020-Q1 Net Profit的话，HOMERIZ有望达到：

RM0.74的价格【以PE 8来计算】

RM0.83的价格【以PE 9来计算】

RM0.92的价格【以PE 10来计算】- 一直以来，HOMERIZ的PE都是在10或以上的。

如果短期内HOMERIZ的价格突破RM0.74，那么往上RM0.80就不是大问题了，回酬20%++

以上纯属分享，买卖自负。

Posted by david_jansen > 2020-01-06 21:01 | Report Abuse

https://www.enanyang.my/news/20200106/%e3%80%90%e8%a7%86%e9%a2%91%e3%80%91%e5%ae%b6%e4%b8%bd%e8%b5%84%e6%9c%ba%e6%9e%84-%e9%94%80%e5%94%ae%e8%b6%85%e5%89%8d%e6%8e%a8%e9%ab%98%e8%b4%a2%e6%b5%8b/

Posted by paperplane > 2020-01-06 21:03 | Report Abuse

Homeriz got 8 new customers. Destiny for higher profit 2020.

Posted by paperplane > 2020-01-06 23:51 | Report Abuse

Homeritz good, jaycorp also good. Have a look. Liihen div stable

Posted by tingkap > 2020-01-07 14:02 | Report Abuse

Homeritz expected to utilise cash pile for future vertical expansion

The Edge Financial Daily

January 07, 2020 11:13 am +08

https://www.theedgemarkets.com/article/homeritz-expected-utilise-cash-pile-future-vertical-expansion

Posted by MK76 > 2020-01-07 19:51 | Report Abuse

Huhu. Everyone is back to Homeriz. Come come.

Posted by mk00001 > 2020-01-09 15:25 | Report Abuse

Upgrade to buy with a higher target price (TP) of 76 sen: Homeritz Corp Bhd’s first quarter of financial year 2020 (1QFY20) core profit after tax and minority interests (Patami) of RM7.8 million (quarter-on-quarter: +54.2%); year-on-year: +82.3%) was above our expectations, accounting for 35.9% of our full-year earnings.

Posted by mk00001 > 2020-01-09 15:25 | Report Abuse

The better-than-expected earnings were due to higher-than-expected sales volumes. We raise our FY20/21 forecasts by 5.5%/2.5% respectively to account for better sales volumes. After our earnings adjustment, we upgrade our rating to “buy” (from “hold”), with a higher TP of 76 sen (from 74 sen previously), based on 10 times revised current year 2020 earnings per share of 7.6 sen. We continue to like Homeritz due to its healthy net cash per share of 28.9 sen and increased automation efforts.

Posted by mk00001 > 2020-01-09 15:25 | Report Abuse

Its core Patami grew 54.2% in tandem with a revenue growth of 23.2%, and better profitability was driven by better sales volumes, lower production costs and a weaker ringgit.

Posted by david_jansen > 2020-01-10 01:11 | Report Abuse

从中美贸易战受惠 大马家具美国吃香

大马投银研究指出，中美贸易战将有利于大马家具业的出口，相比被征税的中国商品，大马家具在美国市场更占据优势，今年出口成长率料倍增至6.1%。


美国于9月1日2018起对中国3000亿美元的商品额加征收10%的关税，该税率在增至25%，12月份2019起将再调高至30%

美国市场相对家丽资机构（HOMERIZ，5160，主要板消费）今年至今也已签下8个新客户

Posted by patrickong > 2020-01-14 17:28 | Report Abuse

Why good result share price no up??

Posted by Ameera > 2020-01-14 18:03 | Report Abuse

Exactly... Sian leh this counter...

Posted by junooiseeyee > 2020-01-15 09:08 | Report Abuse

Think of it: This is small counter, why operator or investment bank want to push the price higher to let us earn their money? It won't up above 0.8 within 2 years base on my exp

Posted by perangbrown > 2020-01-15 14:46 | Report Abuse

Upgrade to BUY, TP: RM0.76. After our earnings adjustment, our TP rises to RM0.76 from RM0.74 previously, based on 10x revised CY20 EPS of 7.6 sen. We continue to like Homeritz due to healthy net cash per share per share of 28.9 sen and increased automation efforts. We upgrade our call to BUY (from Hold previously) following recent share price retracement and our earnings upgrade.

Posted by gongkia > 2020-01-16 14:55 | Report Abuse

as long as when WA mature, homeriz price doesn't go up to 90 cents, all new shareholders win :)

Posted by Ameera > 2020-01-16 14:58 | Report Abuse

Upgrade to buy yet the price still not go up

Posted by scholez18 > 2020-01-16 17:59 | Report Abuse

Good that it's still maintain low profile.. the big institutional players are yet to invest this counter. Give more time for small fish like us to accumulate first. If you are an investor you would want your best ideas to remain undervalued long enough for you to accumulate!

Posted by luckyman > 2020-01-16 20:57 | Report Abuse

It will be fairly probable for it's EPS to hit 9 or even 10 sen for the current financial year. So it's pretty possible for its share price to hit 76 sen or higher.

Posted by ruby20 > 2020-01-18 01:15 | Report Abuse

USDMYR touch 1.5 year low thats why price been hard to move up, hopefully its just a matter of time before ppl see the value of the company is more than any FX rate.

Posted by ruby20 > 2020-01-18 01:15 | Report Abuse

the WB cheap like anything... premium of single digit.

Posted by luckyman > 2020-01-27 11:05 | Report Abuse

https://cdn1.i3investor.com/my/files/st88k/5160_HOMERIZ/pt/HLG/5160_HOMERIZ_HLG_2020-01-06_BUY_0.76_Homeritz%20Corporation%20-%20Better%20volumes%20boosts%20earnings_-2134971736.pdf

Posted by Ameera > 2020-01-27 14:27 | Report Abuse

Upgraded to BUY...

Posted by maya1301 > 2020-01-30 16:17 |

Post removed.Why?

Posted by Ameera > 2020-01-30 17:06 | Report Abuse

I wonder why drop so much!!!

Posted by bursatrader2018 > 2020-01-30 21:02 | Report Abuse

IB upgrade tp but price drop some more..better CABUT first,

global uncertainty in growth this yr does not augur well for furniture export stks, just for short-term play only, seems over already..


perangbrown Upgrade to BUY, TP: RM0.76. After our earnings adjustment, our TP rises to RM0.76 from RM0.74 previously, based on 10x revised CY20 EPS of 7.6 sen. We continue to like Homeritz due to healthy net cash per share per share of 28.9 sen and increased automation efforts. We upgrade our call to BUY (from Hold previously) following recent share price retracement and our earnings upgrade.
15/01/2020 2:46 PM

Posted by Ameera > 2020-01-30 22:16 | Report Abuse

Aiyoh...

Posted by bursatrader2018 > 2020-01-30 22:27 | Report Abuse

on 2nd check, for 2020 YTD, all sectors down except health (+11.35%), tech.(+ 7.5%),ACE(+ 7.55%) & REIT (-0.1%)

wonder which sector can do well this year ?

hope next mth can do better..

Posted by oskchoon > 2020-01-31 17:08 | Report Abuse

Gentlemen, it has announced one sen dividend ex date 13th February, pls don't sell cheap cos you are loosing that one sen dividend...

Posted by Ameera > 2020-01-31 21:11 | Report Abuse

Agree.. why want to sell low?

Posted by luckyman > 2020-02-06 21:12 | Report Abuse

Dividend ex-date : 13/2/2020

Posted by Max2838 > 2020-02-07 09:22 | Report Abuse

China exports & imports on hold because of CoV and slowdown in port movement.
Palm oil exports to China can be affected. China will export less furniture and Malaysia stand to gain from exports to US-EU-Japan. Furniture exports to Australia to accelerate as new homes are built to replace those destroyed by bush fires. These are positive signs for the furniture export bizness

Posted by Ameera > 2020-02-08 15:32 | Report Abuse

Let see the performance in next Q

Posted by scholez18 > 2020-02-11 13:47 | Report Abuse

If I were at AGM, I would ask these these questions:

1. In view of management, is there any growth catalyst in plans aside from ramping up marketing efforts and joining more furniture fares?

2. If so, how much % increase from marketing cost is expected this year? How much marketing was spent last year?

3. Mandate to buy up to 10% of outstanding shares were acquired for 2 years in a row, but no actual shares buyback also. Does management have better ideas to utilize the cash hoard of RM86 mil?

4. How much % are the expecting cost labour from implementation of minimum salary cap?

Posted by Ameera > 2020-02-16 20:46 | Report Abuse

When is the div payout? Thanks

Posted by jgp1703 > 2020-02-18 11:01 | Report Abuse

Ameera http://www.homeritzcorp.com/dividends.asp

Posted by Ameera > 2020-02-18 17:22 | Report Abuse

Thanks... jgp1703

Posted by jgp1703 > 2020-02-20 12:17 | Report Abuse

volume up today.hope is good news.

Posted by gongkia > 2020-02-20 12:22 | Report Abuse

yeah dunno why keep so much cash.

Posted by JK22 > 2020-02-20 14:41 | Report Abuse

Last QR result so good.. haven't reward any goodies yet.. maybe something is coming on its way

Posted by jgp1703 > 2020-02-20 15:12 | Report Abuse

Hopefully something out by march

Posted by luckyman > 2020-02-22 16:03 | Report Abuse

Agreed. Homeriz will reap much benefits from the weakening ringgit that would boost its exports.

Posted by limweebeng > 2020-03-12 19:19 | Report Abuse

Drop like no tomorrow

Posted by LIBRABOY > 2020-03-13 10:54 | Report Abuse

Usd to myr 4.28.. Its time to collect.

Posted by smalltimespeculator > 2020-03-23 11:31 | Report Abuse

Keeping cash to stay alive during times like this.

If any companies are to survive through this..... homeriz should be one of them because of the low gearing and high cash reserves.

Posted by coolio > 2020-03-23 15:47 | Report Abuse

Homeriz on Viagra today..Expect a good quarterly result

Posted by Ameera > 2020-03-23 16:16 | Report Abuse

Yes...hopefully !!!