A lot of them profit taking mah after waited for a number of months. Pohuat will resume it's uptrend once sell off is done. Among furniture stocks like Hevea, Latitude and Liihen, I think Pohuat produced better growth both in revenue and profits. Good stock like Pohuat will only move up and up. TP has now been revised from 2.08 to 2.74. Now only 1.95. 40% upside for Mother and a whopping 90% upside more for Son.
I wonder has pohuat ever hit PE of 10. Now Ta upgrade to PE of 12 times. As far as i remember, it always trade at a single digit. Anyway, normally the next quarter will be weak. I guess this stock has cyclic nature. Will look at it again after next quarter if it remain at the same price or below. I still wish the stock will fly for those holding it. good luck.
titus you are correct,next QR is relatively weak looking at the history-a cyclic nature.As i said this counter worth for intermediate-long term holding, if wants to look for fast money-Genting will be faster. Investment needs confidence/homework and believe in fundamental,time will tell. I see totally pointless next QR weak,sell now then buy later- you are not in pasar, buy vege and bargain.
Dont need to promote or condemn a counter. Sharing info is good enough.
why should you be worried when the US market is consistently growing at a robust pace. Demand for furniture will continue to increase on the backdrop of strong US housing data. Bear in mind that, majority of poh huat stocks are sold to US !!!
Drop because in stock market 80% are loser who like to speculate, no discipline, greedy, no patience. The only 20% will buy in good company with big discount prices
Growth stocks are worth buying when their PRICES are reasonable.. BUT... A trend is asssumed to be in effect until it gives definite signals that it had reversed ..
I see value ... waiting for the reversal signal as per Mr Dow ...
Hi observer, i'm sorry if you felt i condemn the counter. Hv no such intention. Just mearly sharing info. Mayb investing style is different. I believed everyone intention to mk money and so am i. Hence, if my analyses find that it will drop due to potential weak quarter cum with constant wb selling from director, i will lock profit. From my selling price till today price is equivalent to 1 honda city. No denied that this stock has a potential to return a bmw but i would like to.safeguard my capital and profit.
stock market no need to say sorry. You decide where to bet your money. I am selling my BMW to wait for reversal signal .... price is what you pay, value is what you get ... reversal reversal reversal .. important phrase must repeat 3 times!
hi titus, as ezobear said-no sorry needed, different investing style. And no doubt your info was true~ you are more sifu based on the amount u invested-earned 1 honda city.. congrats! and yes ezobear, lets wait for our bmw end of the year or next year~~ cheers!
will wait till next quarter report before going in again. Historically, next quarter will be low. So that will be the opportunity to reenter as market might adjust the price lower due to the weak report.
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....
jazzlee
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