Posted by CaiShenYe > 2016-08-03 10:01 | Report Abuse

1.15-1.20 in three months time

Posted by Justin Ngo > 2016-08-03 17:50 | Report Abuse

http://cj.sharesinv.com/20160803/37284

Posted by stockmanmy > 2016-08-03 17:59 | Report Abuse

agreed

Justin Ngo > Aug 3, 2016 05:50 PM | Report Abuse

http://cj.sharesinv.com/20160803/37284

Posted by CaiShenYe > 2016-08-03 18:48 | Report Abuse

haha sell for me to buy more

Posted by Hulk > 2016-08-04 05:14 | Report Abuse

wait....still got chance to drop back at 0.88.

Posted by CaiShenYe > 2016-08-04 17:20 | Report Abuse

tmr 0.93

Posted by Zairawie > 2016-08-04 18:05 | Report Abuse

wait n up

Posted by Chan SauWei > 2016-08-04 18:21 | Report Abuse

strong support at 0.91....

Posted by bleuerouge > 2016-08-04 23:49 | Report Abuse

hope still got chance to collect below 0.90

Posted by comebackisreal > 2016-08-05 00:59 | Report Abuse

Wait it move to rm 1.00. then I will to without taking the dividend XD

Posted by Ahbeng11 > 2016-08-05 02:55 | Report Abuse

Homeritz = 好美丽

Posted by Chan SauWei > 2016-08-05 18:55 | Report Abuse

bleuerunge..u gt chance get 0.895??? today hit lower 0.895..

Posted by Chan SauWei > 2016-08-05 23:40 | Report Abuse

If plan to keep it for long investment and tp1.20+. .
0.875 or 0.885 no much different

Posted by Ericchan > 2016-08-06 00:32 | Report Abuse

today last min sapu at 0.915 closed ... Next week should push up to 97

Posted by nazb85 > 2016-08-06 04:19 | Report Abuse

Homeritz should have increase in output next year. Further increase in earnings will come!!

Posted by Michael Chen > 2016-08-08 11:57 | Report Abuse

The average historical PE of Homeritz Corp approx. 7 times...if you take the current EPS of 10 cents (source: KLSE screener apps) multiply by the average PE is about RM0.70 and adds the current net operating cashflow per share of RM0.17. Hence, the intrinsic value would be RM0.88. When compare against current share price is slightly overvalued.

In my opinion, Homeritz valuation is at its historical high. Plus, when you compare the current PE against other companies like Lii Hen, Latitude Tree, Hevea & Poh Huat...Homeritz PE are the highest among them.

Posted by Michael Chen > 2016-08-08 11:59 | Report Abuse

correction: Not "net operating cashflow per share" but "net cash per share" =)

Posted by bleuerouge > 2016-08-08 13:58 | Report Abuse

Sell...

Posted by Beza > 2016-08-08 14:54 | Report Abuse

Homeritz Corporation - 3QFY16 Results – Above expectations
Author: kltrader | Publish date: Fri, 29 Jul 2016, 02:01 PM

Results
Homeritz’s 9MFY16 revenue of RM123.64m (+14% yoy) was translated into Adj PATAMI of RM23.28m (+47% yoy). This came in above our expectation, which accounted for 86% of HLIB full year estimate. Deviations
We deem the earnings above our expectations. The deviation is mainly caused by stronger US$ vs our assumption of RM3.80/US$.
Dividends
A first interim single tier tax-exempt of 2.0 sen was declared in 3Q.
Highlights
9MFY16 review… Homeritz registered a higher revenue of RM123.64m (up by 14% yoy) while PATAMI improved by 42% yoy (from RM12.9m to RM22.5m) mainly due to strong US$ against MYR and higher sales volume.
3QFY16 review… Although the company recorded a 9% yoy increase in revenue to RM40.5m, qoq basis revenue dropped by 5%. PATAMI weakened sequentially to RM6.2m (-20% qoq) due mainly to higher labour cost, slightly lower sales volume (-4% qoq) and weaker USD against MYR (- 6% qoq)
Our house projected a weakening bias in MYR within the range of RM4.00-4.20. Our sensitivity analysis shows that every RM0.10/US$ depreciation in ringgit will boost net profit by circa 7%.
Risks
USD weakness against RM; high raw material prices; high labour costs; unexpected economic downturn; and production or operational risks.
Forecasts
FY16-17 net profit forecast is raised by 15.5% and 8.3% to RM31.2m and RM29.2m to reflect our latest MYR assumption of RM4.00/US$ and RM3.90/US$ respectively for FY16 & FY17 (vs. RM3.80 previously)
Rating
Maintain BUY, TP: RM1.09
Positives: 1) the company would benefit from strong US$; (2) lower leather price which will boost its margin; (3FY16 DY of 5.9%, based on 50% payout ratio.
Valuation
We maintain our BUY recommendation with a higher target price of RM1.09 (previously RM1.01) after incorporating latest forecasts based on unchanged P/E multiple of 11x of CY17 EPS.
Source: Hong Leong Investment Bank Research - 29 Jul 2016

Posted by Beza > 2016-08-08 14:55 | Report Abuse

Bought 100 lots. PE 8.98. ROE 25.74 Good Buy.

Posted by Beza > 2016-08-08 14:59 | Report Abuse

This Q3 gives 2 cents dividends. Expecting 3 cents dividends in Q4. That brings in 5 cents dividends in total. That means > 5.5% dividends at this price RM0.90.

Posted by bleuerouge > 2016-08-08 16:08 | Report Abuse

price continue dropping...

Posted by Her Sin > 2016-08-08 16:11 | Report Abuse

price laosai

Posted by Beza > 2016-08-08 16:17 | Report Abuse

Prepare to collect more.

Posted by Beza > 2016-08-08 16:19 | Report Abuse

Hope to collect more at RM0.87.

Posted by Beza > 2016-08-08 16:22 | Report Abuse

http://klse.i3investor.com/blogs/moneymoney/101612.jsp

Posted by Joblessrich > 2016-08-08 18:41 | Report Abuse

If below RM0.90, will buy more.

Posted by Hulk > 2016-08-09 05:13 | Report Abuse

wait at 0.88

Posted by bleuerouge > 2016-08-09 11:28 | Report Abuse

we seen the retracement bottom 0.895, its gonna u turn...grab quick !!

Posted by shortinvestor77 > 2016-08-11 14:00 | Report Abuse

http://www.theedgemarkets.com/my/article/大马6月ipi年增53?type=新闻

Posted by Beza > 2016-08-11 14:47 | Report Abuse

http://www.theedgemarkets.com/my/article/malaysias-june-industrial-output-53-year

Posted by shortinvestor77 > 2016-08-11 20:42 | Report Abuse

Waiting also at RM 0.87.

Posted by Chan SauWei > 2016-08-11 22:59 | Report Abuse

Later somebody will said..waiting at 0.70....
Possible? ? Hahaaa

Posted by Tom Leem > 2016-08-14 22:56 | Report Abuse

strong hold back at 0.90, hold+buy more !!! strong faith HOMERITZ will continue show good results on next quarter~

Posted by Beza > 2016-08-16 09:23 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/08/16/malaysia-aims-to-be-among-top-20-trading-nations/

Posted by shortinvestor77 > 2016-08-16 19:20 | Report Abuse

http://finance.yahoo.com/news/home-depots-quarterly-sales-rise-100759503.html

Posted by CaiShenYe > 2016-08-17 16:19 | Report Abuse

good share but no volume

Posted by shortinvestor77 > 2016-08-17 18:00 | Report Abuse

Wait till exdate!

Posted by Chan SauWei > 2016-08-19 18:35 | Report Abuse

Home too heavy. .can't move...

Posted by shortinvestor77 > 2016-08-19 20:40 | Report Abuse

Buy it. Not tomove it.

Posted by vicky > 2016-08-23 17:09 | Report Abuse

very hard for it to move up

Posted by smallinvestor88 > 2016-08-24 21:54 | Report Abuse

almost 6 month, the share price still not much move even though the 2nd and 3rd QR is better than previous year

Posted by CaiShenYe > 2016-08-25 10:46 | Report Abuse

pe below 9, good dividend yield

Posted by toto > 2016-08-25 14:16 | Report Abuse

This shares always moves yo yo one. Vy boring lah. No excitement at all.

Posted by DL05 > 2016-08-25 17:17 | Report Abuse

You can exit and buy something more interesting or you can accumulate if you are convinced with the facts. Its a choice. The most exciting place I know to make money is in the casino.

Posted by shortinvestor77 > 2016-08-27 22:25 | Report Abuse

Brought already and hold.-@-

Posted by vcheekeong > 2016-08-27 22:45 | Report Abuse

Stocks investing give fantastic returns for long run if pick right ones of course.Time is factor beside few intelligence studies & killer instinct

Posted by Chan SauWei > 2016-08-28 21:14 | Report Abuse

Gap down to 88sen in next monday after deducted 2 sen dividend. .worry will drop to 86.0sen

Posted by shortinvestor77 > 2016-08-29 22:45 | Report Abuse

Then buy morelah.

Posted by Tom Leem > 2016-09-01 17:15 | Report Abuse

Buy a bit again .. Look like it on positive pathway