HOMERITZ CORPORATION BERHAD

KLSE (MYR): HOMERIZ (5160)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 Christensen > 2015-04-29 18:52 | Report Abuse

I so hope to buy more at 80 90 cent
Why no one sell to me

Gabriel Khoo

1,020 posts

Posted by Gabriel Khoo > 2015-04-29 19:12 | Report Abuse

No dividend

Joel

4,580 posts

Posted by Joel > 2015-04-29 21:27 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4722497

Div is not the main point.
Most importantly good earning Q of Q.

sun99

194 posts

Posted by sun99 > 2015-04-29 21:44 | Report Abuse

solid result

gungho92

388 posts

Posted by gungho92 > 2015-04-29 21:53 | Report Abuse

dividend not sure. last yr they paid 10c div in May. either they payout div next Q and give higher div rather than spread out over 4 Qtrs. because the last Feb div was also a surprise div. btw, kudos to those that have patient and hold on to the company shares despite the market noises. now we can go back to sleep again. while the company generates cash for us. Gudnite peeps !

chl1989

2,552 posts

Posted by chl1989 > 2015-04-29 22:40 | Report Abuse

income statement and balance sheet look outstanding. but has anyone noticed that cash flow from operating activities has dropped 60%? why why why? :)

chl1989

2,552 posts

Posted by chl1989 > 2015-04-29 23:05 | Report Abuse

becoz inventory lvl increased and payable decreased. why are they trying to keep stock? is it a strategic idea? due to cheap feedstock? :) but dont worry. free cash flow/revenue still ~8.5%. still healthy.

GGmalaysia

334 posts

Posted by GGmalaysia > 2015-04-29 23:22 | Report Abuse

Cash in bank decreased due to dividend paid. cash flow decrease cause they are holding inventories. probably raw material as their sales is not bad this quarter. the current concern for now is poor sentimental in US and Euro. once they are cured, this stock will surely jump!

redpeople

270 posts

Posted by redpeople > 2015-04-30 08:59 | Report Abuse

Homeritz Corporation (BUY )
2QFY15 Results
 Homeritz’s 1HFY15 revenue of RM71.2m (+11% yoy) translated into PATAMI of RM10.8m and accounted for 44% of our full year estimation (versus average of 42% of full year)..
 We deem the earnings in line with our expectations as 2Q has always been the weakest quarter for the group due to seasonality. Historically, 2Q represents on average 19% of full year earnings (versus 26% of our full year estimation for the current quarter).
 Despite recent strengthening in ringgit against USD, the group could still benefit from strong USD as our base case forecast for revenue and net profit for FYE15 assumes an average exchange rate of RM3.50/USD vs average of RM3.24/USD achieved in FY14.
 We maintain our BUY call on Homeritz with a 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%.

whitesheep

393 posts

Posted by whitesheep > 2015-04-30 11:48 | Report Abuse

the good Q result is not exciting enough to make price move upward

chl1989

2,552 posts

Posted by chl1989 > 2015-04-30 12:15 | Report Abuse

Low profile stock. Haha. Lack of fancy advertisement like hevea.

gungho92

388 posts

Posted by gungho92 > 2015-04-30 12:32 | Report Abuse

Market sentiment overall is gloomy also.

kingcobra

2,772 posts

Posted by kingcobra > 2015-05-03 20:13 | Report Abuse

This is the stock to watch for medium term returns!

keshminder

215 posts

Posted by keshminder > 2015-05-05 14:52 | Report Abuse

keep going keep going. come on 1.30 short term!

kimssiat

1,088 posts

Posted by kimssiat > 2015-05-05 16:40 | Report Abuse

Good stock.

sofea

22 posts

Posted by sofea > 2015-05-05 17:05 | Report Abuse

:D I take profit first at 35% gain, will collect when it drops back later... Thanks, Homeriz

sofea

22 posts

Posted by sofea > 2015-05-05 17:06 | Report Abuse

Caught the last 1.16

Posted by max_cavalera > 2015-05-05 17:20 | Report Abuse

What happen today?? Suddenly up 1.16? Thought recovery will at least take 1.5-2 weeks...

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-05 18:30 | Report Abuse

just announced bonus shares and free warrants
2 mother shares give 1 free bonus share
and
4 mother shares give 1 free warrant

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-05 18:31 | Report Abuse

tomorrow gap up hoho

Posted by Christensen > 2015-05-05 18:45 | Report Abuse

Thanks you very much

Posted by Christensen > 2015-05-05 19:05 | Report Abuse

Haha, let the seller at 1.00 regret to the max

chl1989

2,552 posts

Posted by chl1989 > 2015-05-05 19:06 | Report Abuse

Good move by the management. Haha

Alex Lim

588 posts

Posted by Alex Lim > 2015-05-05 19:07 | Report Abuse

good

Posted by Kitty Kitty > 2015-05-05 19:08 | Report Abuse

lolz .. need top up ... or else be odd lots pulak ><

Posted by Christensen > 2015-05-05 19:09 | Report Abuse

I knew it is simply worth more than 1.00

Posted by Christensen > 2015-05-05 19:26 | Report Abuse

Dividend or bonus issues which do you like more

boonboon

15 posts

Posted by boonboon > 2015-05-05 20:42 | Report Abuse

wat is bonus issues & warrant issues?
need to top up? wat should i do? i dun have extra cash? please advise

Joel

4,580 posts

Posted by Joel > 2015-05-05 20:43 | Report Abuse

No bonus issue la, kawan.

sofea

22 posts

Posted by sofea > 2015-05-05 21:10 | Report Abuse

It says entitlement date to be determined later... Usually the date is a few days, weeks or months down the road?

SP0094701

654 posts

Posted by SP0094701 > 2015-05-05 21:22 | Report Abuse

Free bonus and warrent no need to top up ....only right issue need to top up

gungho92

388 posts

Posted by gungho92 > 2015-05-05 22:56 | Report Abuse

boonboon. no need top up. if you have 2000 units, they will award you with 1000 units. if you have 7000 units so u get extra 3500 units of shares. total you will have 10,500 units of shares. so u take the number of shares u hv, divide by 2....

Posted by beautiful668 > 2015-05-05 23:39 | Report Abuse

3000 shares will have odd lots for warrant. Right?

gungho92

388 posts

Posted by gungho92 > 2015-05-05 23:52 | Report Abuse

best to hv even numbers. warrant is 1 for 4. based on my example above 10,500 units divided by 4 your will entitle to get 2625 units of warrants. odd number...

gungho92

388 posts

Posted by gungho92 > 2015-05-05 23:55 | Report Abuse

beautiful668... if 3000 is after bonus issue den is not odd lots.... unless 3000 is before bonus issue, then only you will get odd lots.

Posted by truthseeker1 > 2015-05-06 04:26 | Report Abuse

Avoid paying dividend with free warrants? Earnings will be diluted with more shares. Sell on news.

Posted by Christensen > 2015-05-06 05:47 | Report Abuse

What do you mean by dilute earning?
Can you provide the link to the news?
Homeriz show a good result
If Homeriz is not good enough then tell me any counter that is better to be awarded.

Posted by Christensen > 2015-05-06 05:50 | Report Abuse

Yes please sell on news
I will be waiting to collect more
Prefer it to be 90 80 70 cents

boonboon

15 posts

Posted by boonboon > 2015-05-06 08:42 | Report Abuse

thks sofea, sp0094701, gungho92, joel, truthseeker1.

cooling

1,676 posts

Posted by cooling > 2015-05-06 09:15 | Report Abuse

Bonus share will dilute the stock price...sell on news....
Klci drop 10 points.. limited gains..high risk

cipapo

1,288 posts

Posted by cipapo > 2015-05-06 09:17 | Report Abuse

selling is increasing...

camomile

38 posts

Posted by camomile > 2015-05-06 09:22 | Report Abuse

Big roadblock at 1.24..not worth the risk..if want still can buy later

cipapo

1,288 posts

Posted by cipapo > 2015-05-06 09:23 | Report Abuse

big roadblock at 1.20 now la..crazy ...better buy another day...today is selling day!

Posted by Christensen > 2015-05-06 09:24 | Report Abuse

High volume for early morning?
Are you sure it is so bad?

Joel

4,580 posts

Posted by Joel > 2015-05-06 09:28 | Report Abuse

哪又不一定。

chl1989

2,552 posts

Posted by chl1989 > 2015-05-06 09:34 | Report Abuse

Up also scared. down also scared. Put in fd better la lol.

sofea

22 posts

Posted by sofea > 2015-05-06 09:36 | Report Abuse

Can't sustain, seems like heading down gradually

cipapo

1,288 posts

Posted by cipapo > 2015-05-06 09:43 | Report Abuse

buy on rumour...sell on news!

Post a Comment
Market Buzz