HOMERITZ CORPORATION BERHAD

KLSE (MYR): HOMERIZ (5160)

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Last Price

0.575

Today's Change

+0.005 (0.88%)

Day's Change

0.57 - 0.58

Trading Volume

259,000


21 people like this.

7,536 comment(s). Last comment by curiousq 4 weeks ago

Posted by Believe3222 > 2023-04-14 21:51 | Report Abuse

homeless soon

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-14 22:38 | Report Abuse

Furniture manufacturers maybe in for a hard period. Orders from US drying up.

firehawk

4,783 posts

Posted by firehawk > 2023-04-14 22:56 | Report Abuse

The Group’s revenue of RM39.8 million for Q2FY2023 and RM78.7 million for the 1HFY2023 decreased by 42.2% and 38.2% respectively compared with the corresponding period last financial year. The decrease in revenue of Q2FY2023 was mainly attributed to the decrease in the volume sold. The revenue of the previous corresponding periods (September 2021 to February 2022) were exceptionally high as the Group enjoyed a spike in top line production after temporarily stop work which started from 1 June 2021 until mid of Sept 2021 during Movement Control Order 3.0 (“MCO 3.0”).

The Group’s PBT of RM6.869 million for Q2FY2023 and RM15.277 million for the 1HFY2023 decreased by 50.4% and 38.4% respectively compared with the corresponding period last financial year. This was mainly attributed to the decrease of revenue as a result of decrease in volume sold.

Posted by Patient Investor > 2023-04-20 12:12 | Report Abuse

Anyone attended AGM? why the company keep such high cash holdings?

jackjason

172 posts

Posted by jackjason > 2023-04-20 19:56 | Report Abuse

keep high cash due to the management do not know how to spend.
No plan no project and not wiling share with minor shareholder.

Posted by FinanceInRealLife > 2023-05-16 19:20 |

Post removed.Why?

awesome20

1,198 posts

Posted by awesome20 > 2023-05-16 20:01 | Report Abuse

goreng soon when synergy red on its first day ipo

jackjason

172 posts

Posted by jackjason > 2023-05-16 23:19 | Report Abuse

all furniture counter will not perform well recently

Posted by foochuan > 2023-05-20 09:53 | Report Abuse

is the company yoy shares dilution increment is a concern to you all?


2017 Feb 300,010
2018 Feb 300,010 0.00%
2019 Feb 300,010 0.00%
2020 Feb 375,026 25.00%
2021 Feb 411,237 9.66%
2022 Feb 415,272 0.98%
2023 Feb 463,238 11.55%

Posted by foochuan > 2023-07-29 10:13 | Report Abuse

2023 May 463,238
share number stay the same this quarter, if number continue increase exponentially, is a critical sign for me

speakup

27,038 posts

Posted by speakup > 2023-07-29 10:48 | Report Abuse

how much cash Homeritz got?

Dehcomic01

340 posts

Posted by Dehcomic01 > 2023-07-29 11:19 | Report Abuse

As of Dec 2022, it had RM 152 m of cash and cash equivalents (short term investments). This is about half of its total assets. Over the past 13 years, the company achieved an average ROA of 13% compared to the mean ROA of the Bursa furniture companies of 5%. Refer to https://focusmalaysia.my/covid-19-doesnt-affect-performance-bursa-malaysia-listed-furniture-companies/. I would consider this a fantastic performance. The next question is whether the price is reasonable. Well, the current price is around the 3 years low. But you should compare it with the intrinsic value rather than just looking at historical prices

bjtoto

862 posts

Posted by bjtoto > 2023-08-11 16:38 | Report Abuse

Countdown Countdown Countdown

Posted by MartinJacob > 2023-08-11 19:20 | Report Abuse

What Happend HERE??!

kllee

178 posts

Posted by kllee > 2023-08-14 17:29 | Report Abuse

cash cow

speakup

27,038 posts

Posted by speakup > 2023-08-14 17:34 | Report Abuse

💰🐄

jackjason

172 posts

Posted by jackjason > 2023-08-14 23:32 | Report Abuse

even cash cow but management will not sharing with shareholder.

bjtoto

862 posts

Posted by bjtoto > 2023-08-23 15:18 | Report Abuse

Homeriz-WC expiring soon
Wang Mali Wang Mali WangMali

bjtoto

862 posts

Posted by bjtoto > 2023-08-23 15:58 | Report Abuse

Countdown Countdown Countdown

kllee

178 posts

Posted by kllee > 2023-08-23 22:32 | Report Abuse

Need to break 0.50 first .

bjtoto

862 posts

Posted by bjtoto > 2023-08-24 15:52 | Report Abuse

Zero Borrowing
Cash in hand 164 millions
Wang Mali Wang Mali Wang Mali

mansaham1972

1,197 posts

Posted by mansaham1972 > 2023-08-26 18:33 | Report Abuse

Hahahaha waran sila goreng sebelum expired

kllee

178 posts

Posted by kllee > 2023-09-06 22:40 | Report Abuse

Any good news from cash cow ?

Posted by superbear2020 > 2023-10-20 07:41 | Report Abuse

The furniture market is still not up yet, especially for companies that mainly export to the US/ Europe/ Middle East. May need to wait until 2024/2025 depending on how the overseas economy performs.

Posted by Ryugentrades > 2023-10-25 20:59 | Report Abuse

Hello, just entered a small position today. Swing trader here and seeing potential in some movement based on technical chart. Let's Huat together.

kllee

178 posts

Posted by kllee > 2024-01-22 22:48 | Report Abuse

Good good result

happymiso

14 posts

Posted by happymiso > 2024-01-24 13:10 | Report Abuse

one day show

Posted by diuleiloumei > 2024-01-24 20:23 | Report Abuse

No dividend, stay away first month

Andre Kua

421 posts

Posted by Andre Kua > 2024-03-29 12:06 | Report Abuse

Warrants all expired... good good, give chance for Bonus Issue and free warrants in near future.

happymiso

14 posts

Posted by happymiso > 2024-04-01 08:36 | Report Abuse

The game has just begun...

kllee

178 posts

Posted by kllee > 2024-04-28 18:59 | Report Abuse

Nice QR

danchong

502 posts

Posted by danchong > 2024-04-29 09:41 | Report Abuse

Yes Nice QR. NO dividend

lloydlim

3,971 posts

Posted by lloydlim > 2024-07-29 11:55 | Report Abuse

Time to accumulate!

Posted by kukubird27 > 2024-07-29 12:08 | Report Abuse

MYR getting stronger soon, profit will drop, not good time to accumulate

Posted by Cash99isKing > 1 month ago | Report Abuse

I wonder how mgmt explain to Investors in next agm. Keep sooooooo much cash yet insisted not to share as dividend.

curiousq

1,094 posts

Posted by curiousq > 4 weeks ago | Report Abuse

The Group’s revenue of RM 56.51 million for Q4FY2024 and RM229.72 million for FY2024
increased by 22.80% and 41.24% respectively compared with the corresponding period last financial year. The increase in revenue was mainly attributed to the increase in the volume sold.

The Group’s PBT of RM 9.16 million for Q4FY2024 decreased by 12.00% compared to the
corresponding period last financial year due to the weakening of the USD, as the majority of the Group’s revenue is denominated in USD.

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