HOMERITZ CORPORATION BERHAD

KLSE (MYR): HOMERIZ (5160)

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Last Price

0.57

Today's Change

-0.57 (100.00%)

Day's Change

0.00 - 0.00

Trading Volume

42,000


21 people like this.

7,536 comment(s). Last comment by curiousq 3 weeks ago

Posted by Vincent Wong > 2015-01-29 19:21 | Report Abuse

Haha... I'm one of them

Icon8888

18,659 posts

Posted by Icon8888 > 2015-01-29 19:27 | Report Abuse

in an interview with Focus few weeks ago, the MD has already said that they imported leather as raw material so will be affected by strong US dollars.

but she also said that overall, the strong dollars will still benefit them as the other inputs are local

Flintstones

1,762 posts

Posted by Flintstones > 2015-01-29 19:54 | Report Abuse

gungho 92 at time 6.26 pm - "weehehe ~ good news coming :D"
at time 7.02 pm - "Not this quarter la. November usd still low. Not so fast yet. Be patient. Collect more tmr.

GOOD JOKE! THANKS FOR MAKING ME LAUGH

ImCK

3,264 posts

Posted by ImCK > 2015-01-29 20:05 | Report Abuse

hmm quite bad if leather is in USD

gungho92

388 posts

Posted by gungho92 > 2015-01-29 20:08 | Report Abuse

hahaha. faster run tmr if dont wanna die badly ! chao !!!!!!!!

Posted by Kitty Kitty > 2015-01-30 09:06 | Report Abuse

i dont think people are running .. more like people are accumulating with the poorer result .. as people expecting the next quarter to be decent return ..

misterzikk

547 posts

Posted by misterzikk > 2015-01-30 09:14 | Report Abuse

And panic sellers not helping the situation

philan

462 posts

Posted by philan > 2015-01-30 09:24 | Report Abuse

I heard the q result coming out soon... as I used to buy this stock, realize everything results out, the price plummet (I duno why)... well some will say I'm making up story, but just easy check onto the price chart and date should show what I'm saying.

BTW I'm just talking about trend... good luck.

Posted by Kitty Kitty > 2015-01-30 09:47 | Report Abuse

panic selling seemed triggered .. for shareholders .. i believe the price will slowly move back up .. but of course time is required

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-01-30 09:50 | Report Abuse

Am waiting at 90sen

limko1

283 posts

Posted by limko1 > 2015-01-30 09:50 | Report Abuse

Too many joining the bandwagon of 'furniture ride' recently and it turns out to be roller coaster to the surprise of many!

TomyamGong

4,156 posts

Posted by TomyamGong > 2015-01-30 09:58 | Report Abuse

This stocks only worth 0.50 ! U guys don't be silly keep chasing high. Now down trend just started. More to come!

Posted by ketupatlazat > 2015-01-30 09:59 | Report Abuse

eehhhhhh??

I thought Homeritz is supposed to have a good set of results? You know, strong USD, strong exports, strong sales for furnitures, America picking up, eventually strong profits..

Looks like the bandwagon ride on furniture stocks is just a mere hype.

Abandon Wagon!!

cipapo

1,288 posts

Posted by cipapo > 2015-01-30 10:00 | Report Abuse

MR Tong tipu you all

Kino Kow

268 posts

Posted by Kino Kow > 2015-01-30 10:06 | Report Abuse

Run....

Posted by teckyap2009 > 2015-01-30 10:07 | Report Abuse

Later all become crab usa,hahaha.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-01-30 10:07 | Report Abuse

Sucks big time

Posted by Kitty Kitty > 2015-01-30 10:10 | Report Abuse

Market sentiment no good due unrealized foreign gain from stronger USD

TomyamGong

4,156 posts

Posted by TomyamGong > 2015-01-30 10:16 | Report Abuse

unrealized truth also a lot. Take care all

Posted by Kitty Kitty > 2015-01-30 10:22 | Report Abuse

holding it well ..

nanaour

200 posts

Posted by nanaour > 2015-01-30 10:22 | Report Abuse

Accumulating

Posted by Kitty Kitty > 2015-01-30 10:25 | Report Abuse

chance to accumulate more

Posted by Carson Teor > 2015-01-30 10:33 | Report Abuse

buy buy buy

gungho92

388 posts

Posted by gungho92 > 2015-01-30 10:40 | Report Abuse

Kikiki.... im a happy man now !

TomyamGong

4,156 posts

Posted by TomyamGong > 2015-01-30 11:03 | Report Abuse

Current support is at 0.945, if fails to do so, it might go further down to the next support.

frankloh

29 posts

Posted by frankloh > 2015-01-30 11:05 | Report Abuse

HI always_steady,I fully agree with you , you are right. I accumulate more right now.

klsetitan

143 posts

Posted by klsetitan > 2015-01-30 11:37 | Report Abuse

Falling knife.....

joerakmo

725 posts

Posted by joerakmo > 2015-01-30 12:20 | Report Abuse

rising USD bad for homeritz....read notes to account section 14

Posted by Kitty Kitty > 2015-01-30 12:20 | Report Abuse

always steady .. good mentality for an investor ..

Posted by Nyalas1955 > 2015-01-30 13:23 | Report Abuse

Falling till it settle down then buy!

Falling usually takes 3 days, at least from my general observation .

Posted by Nyalas1955 > 2015-01-30 13:27 | Report Abuse

"There are two essential ingredients for profit in a declining market: you have to have a view on intrinsic value, and you have to hold that view strongly enough to be able to hang in and buy even as price declines suggest that you're wrong. Oh yes, there's a third; you have to be right."


- Howard Marks

I fully agree!

However, if you can buy lower why not sell first, with the same amount of money of the sale, you can buy back more units of shares at a lower price!

Posted by Nyalas1955 > 2015-01-30 13:46 | Report Abuse

Sorry folks for the double postings !

joerakmo

725 posts

Posted by joerakmo > 2015-01-30 15:15 | Report Abuse

current sentiment calls for defence rather than offence

TomyamGong

4,156 posts

Posted by TomyamGong > 2015-01-30 16:34 | Report Abuse

I foresee there will be further dropping next week. take care guys

Posted by lepaklangkawi > 2015-01-30 16:35 | Report Abuse

oppps. slumping.

Joel

4,580 posts

Posted by Joel > 2015-01-30 21:26 | Report Abuse

我不觉得will be drop further next week@Homeriz.

我认为星期一会反弹至rm1.00 ++ 水平。

Posted by DoreenCheeLing > 2015-01-31 09:36 | Report Abuse

Haha. Ppl reacted as if the company made a loss for this quarter. So amusing! So entertaining !

Posted by always_steady > 2015-01-31 10:50 | Report Abuse

as investor, the more it drop, the good time to accumulate. It yet to reach my next accumulate time after last bought yesterday. My next accumulate time is if reach 0.83, 0.75, 0.66.

Posted by Fat Cat Tim Buddy > 2015-01-31 11:04 | Report Abuse

investor is human too, nobody like to see their investment going down

Posted by truthseeker1 > 2015-01-31 11:45 | Report Abuse

Can anyone answer why there is no research house coverage in this important stocks in i3? I remember some sifus said if a stock show no growth it is no longer consider good.

Posted by truthseeker1 > 2015-01-31 11:47 | Report Abuse

No growth stock must sell.

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-31 12:38 | Report Abuse

Now that USD is strong.. very strong..... USD holders especially those in USA will go for higher premium products as they are becoming more and more affordable to them now....

WTF haven't they suffered enough from the frugal lifestyle and austerity for the past few years???!!! Will they still going for these cheap and sub-prime products from EM....?? Of course not.


Sales of exported Malaysian products will drop in the coming days, months and quarters. .... except for Jimmy Choo.



Now that EURO also drop to multi year low vis a vis USD... all will buy continental products instead, for sure.

Malaysia rubberwood furniture can take on the Italian's the European's furniture??


Malaysia products are like Bonia the pretender.... still buy Bonia when you can get a LV... ya... right



SELL SELL SELL your furniture companies shares!!!


Sales of exported Malaysian products will drop in the coming months and quarters .... except for Jimmy Choo

Fu Min

1 posts

Posted by Fu Min > 2015-01-31 17:21 | Report Abuse

sell now? or hold it =)

Posted by jellygal27 > 2015-01-31 18:13 | Report Abuse

sell ! sell ! sell !

GGmalaysia

334 posts

Posted by GGmalaysia > 2015-01-31 23:35 | Report Abuse

i believe it is fairly priced based on their earnings based on last year dividend. however, to further determine, we need another 2 set of quarter report.

Joel

4,580 posts

Posted by Joel > 2015-02-01 09:07 | Report Abuse

HOMERIZ continue to focus in 2015:

1. manufacturer of upholstered home furniture.
2. about 99.3% of its products are sold overseas@Asia,Australia,Europe & US with
recervables mostly in US Dollar.
3. Exposure to the strengthening US dollar.
4. High dividend yield & steady growth.

Posted by truthseeker1 > 2015-02-01 09:53 | Report Abuse

My uncle house furniture was kept until become antic and finally sold for huge gain to crazy buyer.

Posted by Woei Luen Lee > 2015-02-01 11:05 | Report Abuse

however it is just my personal opinion, i might not be correct all the time

Posted by truthseeker1 > 2015-02-01 11:35 | Report Abuse

By right latest quarter result should show benefit of strengthenning USD whether YOY or QOQ. Why profit still drop?

newbird33

177 posts

Posted by newbird33 > 2015-02-01 12:24 | Report Abuse

It's main markets are europe and Australia, both suffered fr poor economy.strong USD pushed cost of leather up.

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