Posted by gray > 2014-07-30 22:21 | Report Abuse

yooo hooo .... ; )

Posted by ChanKengChungKuantan > 2014-07-31 15:46 | Report Abuse

Homeriz shares price (0.815 now), no matter how good, is only the same price with Hevea-WB (also 0.815 now)

Posted by gray > 2014-07-31 20:15 | Report Abuse

come come my baby come...

Posted by Aaloon > 2014-07-31 20:42 | Report Abuse

chankengcgungKuantan: agreed with what u said, no matter how good the company but the share like shit

Posted by marcusngmunkit > 2014-07-31 21:03 | Report Abuse

so many stupid selling of course like tat lo..wash out those stupid first ba..

Posted by Aaloon > 2014-07-31 22:23 | Report Abuse

Already wash for few months,how many months
need to wash!!!

Posted by ray81 > 2014-07-31 22:42 | Report Abuse

Shit got trapped with this share......

Posted by marcusngmunkit > 2014-08-01 08:51 | Report Abuse

those ppl dunno how to play dont play lo..keep selling to let the operator collect..zz

Posted by Aaloon > 2014-08-01 12:48 | Report Abuse

keep dropping, traped for few month....

Posted by gray > 2014-08-01 22:03 | Report Abuse

yikes.... headache.....

Posted by divhunter > 2014-08-02 17:15 | Report Abuse

After take this round dividend I wan say byebye to homeriz...move to hupseng/aeon

Posted by coolio > 2014-08-03 22:42 | Report Abuse

as long as fundamental still intact..dont sell loh

Posted by GGmalaysia > 2014-08-03 23:42 | Report Abuse

both hevea and homeritz are good stocks. buy while it's still cheap

Posted by coolio > 2014-08-04 18:27 | Report Abuse

Discount Cash Flow Model 1
Valuation on HOMERIZ 8/4/2014

Table 6.1: Assumptions
Current stock price $0.81
Share outstanding (Mil) 200,000
This year FCF (avg last 2 years) $18,295
Next year's FCF (mil) $19,210
Growth for the next 5 and 10 years 5.0% 3%
Teminal growth rate, g 1.00%
Discount rate, R 10.0%

Table 6.2: DCFA
PV of FCFF of core operations $257,000
Non-operating cash $34,710
Investment in Properties Nil
Investment in Associates Nil
Debts ($2,671)
PV of FCFE $289,039
Less minority interest ($462) 0.16%
FCFE $288,577
Number of shares 200000
FCF per share $1.44
MOS 44%

Intrinsic Value of Homeritz is RM1.44. Potential gain of 78%!

Posted by Alvin Cjf > 2014-08-05 10:22 | Report Abuse

Hold and wait for it to shoot...=D

Posted by Tan Tian Soon > 2014-08-05 14:02 | Report Abuse

How long need to wait.. aih...

Posted by gray > 2014-08-05 23:37 | Report Abuse

wah, coolio u must be stuck gao gao in this counter....

Posted by coolio > 2014-08-06 08:50 | Report Abuse

hahhaa..i bought this counter at 0.40 sep last year with 100% paper gain now and i'm still holding..., it is still undervalue based on DFCA, that is why i'm still holding this counter.

Posted by chin888 > 2014-08-06 11:45 | Report Abuse

Coolio, what is the TP ?

Posted by coolio > 2014-08-06 13:58 | Report Abuse

kt888, i dont call it TP, i call it intrinsic value or fair value, it is Rm1.44

Posted by GenghisHoe > 2014-08-09 05:51 | Report Abuse

25-07-2014

Financial performance review:
As of 3rd quarterly result 2014, HOMERIZ has achieved 98% (17.6 million) of FYE13 net profits (17.9 million) on the back of 83.% (93.9 million) of FYE13 revenue (112.9 million).

From this, HOMERIZ is most likely able to overtake the revenue of FYE13 as they just have to meet another 19 million to break even with the revenue of FYE13. The extra is an additional bonus for the shareholders.

To me, HOMERIZ might be lack of the growth drivers to stimulate its revenue and its revenue would be highly correlated with the the fluctuation of US Dollar.

Let's see how the management copes with the facing risks, so as to spur growth.

Posted by GGmalaysia > 2014-08-13 22:51 | Report Abuse

my estimation and anal-ysis: renevue for this coming quarter will be 1.5x of last quarter. profit margin maybe lower but clean profit should be 30% more than last quarter. expect 3~3.5 sen of divvy

Posted by kt888 88 > 2014-08-14 10:18 | Report Abuse

WHen the report will out?

Posted by GGmalaysia > 2014-08-15 01:39 | Report Abuse

report will out maybe in oct. if you are a cautious player, try to enter after divvy

Posted by GGmalaysia > 2014-08-15 01:41 | Report Abuse

btw, hmm, homeritz still owe their shareholders around 3 sen of divvy, 1 sen will be distributed later this month. the next divvy will be 2 sen + 40% of their EPS. you calculate how much will it be... hmmm

Posted by kt888 88 > 2014-08-15 14:19 | Report Abuse

ok, thank you !

Posted by coolio > 2014-08-20 09:06 | Report Abuse

DuPont Analysis on HOMERITZ
Does HOMERIZ’s business has economic moat? The return of equity of HOMERIZ is a good number of 18.57.%, higher than the minimum requirement of 15% for most ardent fundamental investors. A DuPont analysis of HOMERIZ is carried out to dissect its ROE.

ROE = NI/E = NI/S * S/TA * TA/E
Where NI is net income, E is equity, S is sales/revenue, TA is total assets
NI/S is the net profit, S/TA is the asset turnover, TA/E is financial leverage

Net Income Margin = Net Income/ Revenue
=15118/112905= 13.39%
Asset Turnover = Revenue/ Total Asset
=112905/103,799=1.09
Financial Leverage = Total Asset/ Total Equity
=103799/81403=1.28

ROE = NI/E = NI/S * S/TA * TA/E = 13.39% * 1.09 * 1.28 = 18.57%


The main driver of Homeriz’s high ROE is hence the high net profit of 13.99% most desirable way to achieve a higher ROE. The asset turnover of 1.09 (<1.5) and the financial leverage of 1.28 (<1.5) are relatively low. Hence there is plenty of room for Homeriz to improve its ROE such as improving its marketing and scouting for more business, or increases its leverage and hence its ROE

Homeriz’s ROE for the past 3 years average at 18% . Also note that this was achieved with very little debt. Homeriz is definitely a gems to look into.

Posted by tkg8 > 2014-08-20 18:23 | Report Abuse

coolio, thanks for such detail info sharing. I supposed you have turned this counter up and down for all relevant info and figures. lol

Posted by coolio > 2014-08-20 23:26 | Report Abuse

Yes tkg8, if you look at their financial statement for last 2 years, they has been doing really well. Also if you look at discounted cash flow analysis that I have done previously, Homeriz is still very much undervalue. It is definately an investment grade stock. Suitable for me as a value investor.

Posted by tkg8 > 2014-08-21 08:18 | Report Abuse

Hi coolio, agreed. Based on what i understand, high ROE could be achieved by getting loan from financial activities, but for Homeriz, the high ROE comes with low debts. That was the reason to attract me to put some of my fund into this counter! Hope we could have sweet and handsome perk in near future...cheer!

Posted by Tan Tian Soon > 2014-08-26 10:52 | Report Abuse

But ?

Posted by keithchan > 2014-08-27 21:47 | Report Abuse

Long time never move

Posted by gray > 2014-08-28 19:49 | Report Abuse

oh man....

Posted by Alvin Cjf > 2014-08-29 22:46 | Report Abuse

Lol... Oh man... It just made me cut loss

Posted by coolio > 2014-09-10 14:42 | Report Abuse

March on...

Posted by member41 > 2014-09-10 14:47 | Report Abuse

finally homeritz moving again... go go go

Posted by gray > 2014-09-10 14:58 | Report Abuse

buy buy buy!!

Posted by Aaloon > 2014-09-10 16:41 | Report Abuse

dont be too early happy, this counter will rebound back negative tomorrow. I also stuck for few month already

Posted by gray > 2014-09-10 20:44 | Report Abuse

no la... this time it's one direction

Posted by GGmalaysia > 2014-09-11 00:45 | Report Abuse

haha... now it's hevea turn, sooner or later it will be homeritz turn. sit tight and enjoy :)

Posted by screwdriver > 2014-09-11 18:31 | Report Abuse

im suspecting if it still require few more rounds

Posted by GGmalaysia > 2014-09-12 01:21 | Report Abuse

few more round to wreck those kiasu traders and investor, if got holding power, what is there to lose?

Posted by divhunter > 2014-09-12 12:25 | Report Abuse

div credit to acc....more of the same pls

Posted by itlim67 > 2014-09-12 15:54 | Report Abuse

Div paid.. : )

Posted by Tan Tian Soon > 2014-09-15 11:30 | Report Abuse

bila shoot up?

Posted by Aaloon > 2014-09-15 12:50 | Report Abuse

shoot down now!! shoot up dunno when....waiting again...

Posted by screwdriver > 2014-09-15 12:56 | Report Abuse

My mere speculation suggests that few more rounds are needed. It's fundamental looks good isn't it?

Posted by sangharimau > 2014-09-16 10:42 | Report Abuse

Fundamental good but shares price and volume like shxt what is the use?

Posted by GGmalaysia > 2014-09-16 22:41 | Report Abuse

the use is you can just accumulate more. but i suggest adding into this stocks requires us to look into their next quarter revenue 1st

Posted by tssl74 > 2014-09-18 14:50 | Report Abuse

price shooting up!
why out of a sudden arh