not a good news for POHUAT actually, the expectation for POHUAT will be higher in their coming qr..so if anything wrong, sure we willl see a collapse of share price
RM4.1156 now and US home, furniture & job employment markets are doing very well, plus very likely interest rate hike in this June Fed meeting, what can we expect from US vs RM?
Some said don't predict this predict that, I will say IF you don't make decision & judgement, how to buy shares? Better don't buy, FD is obviously the best choice, no need to worry anything.
What can we expect from Poh Huat after excellent result from Lii Hen?
As I always said, talk is easy, when come to reality, no one want to buy when price still low, many want to buy only when price has already gone up.
A report today showed April new-home sales surged to the highest level in more than eight years, pointing to a robust spring selling season for builders. The median sales price climbed to a record, reflecting a pickup in signed contracts for more expensive properties.
a surge in home sales fueled speculation the economy can withstand higher interest rates amid rising bets the Federal Reserve will tighten policy this summer
better than expected US new home sales data, plus USD is going higher on the back of US interest rate hike. Both news are good for exporter like Poh Huat.
I hold poh huat but I dont expect much on next quarter as next quarter is the weakest quarter among 4 quarter plus Vietnam segment for previous quarter is boosted by delay of result of fire at August 2015. However, in long term, I believe poh huat is good to bet at this price.
"In Vietnam, high shipment of furniture continued into November and December 2015 as the Group shipped orders which were previously delayed as a result of the fire in August 2015. This has resulted in a higher turnover of RM100.09 million in the current quarter under review".
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneySIFU
5,862 posts
Posted by moneySIFU > 2016-05-20 18:39 | Report Abuse
What a result for Lii Hen, almost 100% profit growth than previous year's Q.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5098413