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 hellokitty123 > 2015-03-11 16:47 | Report Abuse

:)

Posted by Johnson Yeoh > 2015-03-11 23:27 | Report Abuse

(吉隆坡11日訊)令吉匯率今天再寫新低,兌美元來到6年最低水平,會讓主攻出口及以美元計價的大馬上市公司持續受惠,其中抱括手套股、傢俱股、酒店股及醫療旅遊股。
- 东方日报

Posted by Johnson Yeoh > 2015-03-16 09:23 | Report Abuse

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KUALA LUMPUR (March 16): Hong Leong IB Research has initiated coverage on Homeritz Corporation Bhd ( Financial Dashboard) with a “Buy” rating and target price of RM1.54 and said the company could benefit from stronger US dollar (USD).

In a note Monday, the research house said sensitivity analysis shows that every ten sen/USD appreciation would boost FY15 net profit by about 6%.

“With increasing consumer demand in global market according to CSIL (Centre for Industrial Studies) research report, we believe that the Group will target more revenue contribution from the global market by marketing their products in international furniture fairs and furniture-buyers’ magazines,” it said.

HLIB Research said Homeritz’s margin would be boosted by improvement in utilisation rate, stable leather prices, strong USD as well as reduction in labor cost dependency.

“Homeritz’s revenue and PATAMI are expected to grow at CAGR of 8% and 14% respectively from FY14 to FY16. The Group has net cash per share of 23 sen and attractive dividend yield of 4.3% with 40% dividend policy.

“We initiate coverage of the stock with a Buy call and target price of RM1.54, based on 10x P/E which is premium to the furniture industry average P/E of 8x as we forecast the Group’s CAGR growth at 14%.

“On technical perspective, share price is expected to move higher due to solid long-term uptrend line and bullish indicators,” it said.

gungho92

388 posts

Posted by gungho92 > 2015-03-18 11:59 | Report Abuse

1.12

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2015-03-18 16:44 | Report Abuse

What happen? Why share price drop?

gungho92

388 posts

Posted by gungho92 > 2015-03-18 22:21 | Report Abuse

hehehe...

Posted by Kitty Kitty > 2015-03-19 08:02 | Report Abuse

may drop below 1.1 .. then its time to enter .. ^^

cjiejack

39 posts

Posted by cjiejack > 2015-03-19 10:02 | Report Abuse

Wait n see

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2015-03-19 10:51 | Report Abuse

Yes. drop below 1.1 better. TP is 1.54. by HLBank Research. buy and hold.

gungho92

388 posts

Posted by gungho92 > 2015-03-19 17:07 | Report Abuse

just wait for next dividend in May. zzz

Posted by hellokitty123 > 2015-03-22 22:46 | Report Abuse

my god... RM depreciating so much...feeling poorer each day :/

Turbo69

10 posts

Posted by Turbo69 > 2015-03-23 08:52 | Report Abuse

why this counter so humble than other furniture stock?

bracoli

2,579 posts

Posted by bracoli > 2015-03-23 08:54 | Report Abuse

turbo come to hevea to join the ride

Posted by Equityengineer > 2015-03-23 15:01 | Report Abuse

How many percent of the revenue belongs from U.S. sales ?

Turbo69

10 posts

Posted by Turbo69 > 2015-03-23 15:16 | Report Abuse

Bro Bracoli, Ok, I added Hevea WB

Posted by Equityengineer > 2015-03-23 20:50 | Report Abuse

46% in America and Europe .... USD appreciating but euro is dropping ..

paperplane

1,403 posts

Posted by paperplane > 2015-03-24 00:12 | Report Abuse

Best still hevea loh

gungho92

388 posts

Posted by gungho92 > 2015-03-24 15:20 | Report Abuse

Heavy buyer tanking at 1.13 detected.

chl1989

2,552 posts

Posted by chl1989 > 2015-03-26 13:58 | Report Abuse

Financial standing of this stock is superb. Much better than hevea. Why no big shark interested to goreng this undervalued stock?

gungho92

388 posts

Posted by gungho92 > 2015-03-26 15:26 | Report Abuse

Dont spill the beans pls.

chl1989

2,552 posts

Posted by chl1989 > 2015-03-30 15:52 | Report Abuse

Pathetically quite here lol

captjoe

32 posts

Posted by captjoe > 2015-03-30 17:14 | Report Abuse

today jump 5 sen...tomorrow will quite noisy here bro

chl1989

2,552 posts

Posted by chl1989 > 2015-03-30 18:10 | Report Abuse

Haha. See if it can break 1.23 tomorrow.

gungho92

388 posts

Posted by gungho92 > 2015-03-30 20:17 | Report Abuse

Probably ppl buy b4 gst

bracoli

2,579 posts

Posted by bracoli > 2015-03-30 20:21 | Report Abuse

No boat to be missed, join the ride at hevea

azfar8

975 posts

Posted by azfar8 > 2015-04-02 10:21 | Report Abuse

I just bought this one just now, it already test to break 1.23 several times, if can break, potential upside may as HLB research. Today it may test again 1.23 as the market positif. Just my 2 cent view...

Posted by Kitty Kitty > 2015-04-02 11:15 | Report Abuse

queuing .. hope to get some ..

gungho92

388 posts

Posted by gungho92 > 2015-04-02 16:56 | Report Abuse

results coming out this month rite? waiting for dividend announcement...

i ooi

5 posts

Posted by i ooi > 2015-04-02 23:26 | Report Abuse

It's a good counter. Look at their financial status. Stable growth.

azfar8

975 posts

Posted by azfar8 > 2015-04-03 09:16 | Report Abuse

Let go, buy some more... :)

tkg8

269 posts

Posted by tkg8 > 2015-04-03 12:45 | Report Abuse

long queue waiting to sell at Rm1.20...

azfar8

975 posts

Posted by azfar8 > 2015-04-03 14:21 | Report Abuse

Based on technical, based on my understanding in TA. Doesnt mean to asking you to buy, trade at your own risk... :)

azfar8

975 posts

Posted by azfar8 > 2015-04-03 14:23 | Report Abuse

I project next wave might reach 1.40, with stop loss 1.10, based on current price... risk reward ratio is 1:3. RM1.20 not so long que if the trend start back. Also, they might not really genuine seller... that is my 2 cent analysis based on technical.

Chan KS

57 posts

Posted by Chan KS > 2015-04-03 14:27 | Report Abuse

we project it can go all the way to 1.75 and it still depends voters decision.

azfar8

975 posts

Posted by azfar8 > 2015-04-03 14:38 | Report Abuse

Yeah, it depend on which type of investor you are, for me, i predict short term from now, within 2 weeks. I pray good luck to intermediate investor n long term investor... :)

GGmalaysia

334 posts

Posted by GGmalaysia > 2015-04-04 01:15 | Report Abuse

the recent quarter report shows that increase of inventories. a double edge sword!!!

azfar8

975 posts

Posted by azfar8 > 2015-04-04 06:40 | Report Abuse

For me, as long as there is still housing project, the business is there. They surely are having plan...

Chan KS

57 posts

Posted by Chan KS > 2015-04-06 08:52 | Report Abuse

to u, my figures is pluck from the sky, to me is from cash flow estimation. : )

SP0094701

654 posts

Posted by SP0094701 > 2015-04-06 12:00 | Report Abuse

i hope this coming quarter report should be good ...........:)

gungho92

388 posts

Posted by gungho92 > 2015-04-06 12:34 | Report Abuse

there is heavy volume starting to collect at lower price. continue to hold. do not fear.

Posted by Kitty Kitty > 2015-04-06 13:41 | Report Abuse

holding tight .. will move up further

SP0094701

654 posts

Posted by SP0094701 > 2015-04-07 15:54 | Report Abuse

Haizz....Still no have power yet .... hope end of this month will shoot up as good quarterly result and good dividen...

blackdove

334 posts

Posted by blackdove > 2015-04-10 10:37 | Report Abuse

Type of transaction Date of change No of securities Price Transacted (RM)
Transferred 08/04/2015 5,000,000 1.150

blackdove

334 posts

Posted by blackdove > 2015-04-10 10:42 | Report Abuse

Can anyone enlighten me the reason/impact/symptom of the above directors' shares transfer? Many thanks.

gungho92

388 posts

Posted by gungho92 > 2015-04-10 15:08 | Report Abuse

means someone wants to buy a big portion of the company shares, instead of going directly to open market to buy, they buy from one of the directors. If the director agrees to sell some portion of their ownings, then the deal is settled internally at the current market price.

Therefore, the ownership of the shares will be transferred to the buyer.

gungho92

388 posts

Posted by gungho92 > 2015-04-10 15:12 | Report Abuse

the effect is that the person that wants to buy heavily on Homeritz will not intentionally spike up the price of the share, because of so big demand in units, his buying might create price movements upwards. i hope its not cold eye !

blackdove

334 posts

Posted by blackdove > 2015-04-10 16:38 | Report Abuse

Thanks gungho92 for your good comment.

samer

1,427 posts

Posted by samer > 2015-04-13 08:39 | Report Abuse

If that's the case, stock price might move up very soon!

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2015-04-13 09:37 | Report Abuse

Moving up, like rocket!!!

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