Tariff is aim at reducing US trade deficit , EU, Japan n many more r targeted not specifically China. We were choked by solar panels tariff ,as we r third largest manufacturer.
LIM PEI TIAM is regarded as a super investor and now he is even an insider.he is confident of the future of this company and he bought the shares at 1.3 and then 1.2 after AGM. I wonder why there are so few followers .
Albert, I didn't follow Lim Pei Tim because I think Liihen has higher profit margin and is more generous in paying out dividends. PE not much difference but Liihen's dividend yield is way much higher.
PERFORMANCE REVIEW we continued to receive strong orders for our panel-based bedroom sets for the US market.In USD term, our Malaysian operations recorded even higher sales growth of 35.9%, from USD10.27 million in the previous reporting period to USD13.96 million in the current reporting period.
PROSPECT FOR THE CURRENT FINANCIAL YEAR
The recent threats of a trade war between the US and China, while far from resolved, may potentially have positive implications for us as tariff, if imposed on China sourced furniture, will make our products more competitive against those made in China.
DUE TO WEAKENING RINGGIT AND THE TRADE WAR BETWEEN THE US AND CHINA ,HIGHER REVENUE AND BETTER MARGIN ARE EXPECTED IN THE NEXT FEW QUARTERS .
Financial report Item B1 mentioned that poh huat received RM 3.95 million other income from Qingdao divestment. Without this exceptional item and fire insurance, the profit actually not so encouraging
but on the other hand, the just announced April quarter was traditionally the WEAKEST quarter due to Chinese new year in Malaysia and Vietnam. As such next Q will be much stronger.
Check the historical figures and you will know that what I said is true
(Sorry.know should have shouted the cheers earlier.....however just noticed now.....still not too late as my personal doctor has said.....every heartiest cheers of 'HUAT AR' here can enhance my longevity)
Wait for its 2 sen dividend ex 2/8 and coming 6 sen dividend. Poh Huat declared 8 sen last year. Should be the same or higher this year since they have more than enough money to buy the 2nd warehouse in Australia
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....
BlackWhite
1,053 posts
Posted by BlackWhite > 2018-03-27 19:13 | Report Abuse
Trump raise tariff , applicable to Malaysia also unless we r their security alliance. Pray no tariff in this sector