POH HUAT RESOURCES HOLDINGS

KLSE (MYR): POHUAT (7088)

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Last Price

1.36

Today's Change

-0.01 (0.73%)

Day's Change

1.36 - 1.37

Trading Volume

6,500


14 people like this.

9,912 comment(s). Last comment by curiousq 2 months ago

lloydlim

3,970 posts

Posted by lloydlim > 2019-12-31 10:14 | Report Abuse

Look at the positive side guys

Cf81

114 posts

Posted by Cf81 > 2019-12-31 10:42 | Report Abuse

Weak ringgit for this whole year also counter didn't go up..PE looks good...strong ringgit this one week, suddenly bad news?

Posted by Lukesharewalker > 2019-12-31 11:42 | Report Abuse

4.09 is not really strong....

cherry88

986 posts

Posted by cherry88 > 2019-12-31 17:07 | Report Abuse

finally announce....got 2 sen dividend..ok lah...no bad news....I withdraw my previous comment

cherry88

986 posts

Posted by cherry88 > 2019-12-31 17:09 | Report Abuse

How come profit drop from RM20.86mil to RM14.83mil ??? haiz......I did not read detail ...anybody here enlighten me ?

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-12-31 17:11 | Report Abuse

Cherry88 satisfactory?

cherry88

986 posts

Posted by cherry88 > 2019-12-31 17:36 | Report Abuse

In short....these 2 para explain everything...it is 1 off....should be ok.....7sen dividend is at the lower end...but they have also declared additional 1 sen which is not include in the 7 sen. (The 1 sen is for year 2020)....so, we still get 8 sen in total lah....at least same level with previous few years...this is only the comfort I can get.

"In Vietnam, gross profit was lower marginally at RM16.09 million as compared to RM17.25 million previously due mainly to the higher depreciation charges against a lower raw material cost. In line with lower gross profit, profit before tax was lower at RM9.43million compared to RM11.60 million in the previous corresponding reporting period ended 31 October 2018. The lower profit before tax was mainly due to the increase in marketing expenses of about RM1.03 million and the increase in administrative expenses of RM0.84 million."

"During the current financial year, we recorded a significantly lower net other income of RM1.41 million compared to RM8.52 million in the previous financial year. The higher other income in the previous financial year comprised mainly the recovery of RM4.50 million previously impaired for the disposal of our former subsidiary, Poh Huat Furniture Industries (Qingdao) Co Ltd in 2011 and insurance compensation of RM4.28 million received for the fire at one of the factories in Malaysia. Meanwhile, the de-registration and the ceasing of the Company’s 51% owned Poh Huat International Furniture S.A (Proprietary) Limited mentioned in Note A10 above, has also resulted an one-off realisation of forex translation loss of RM0.92 million during the current financial year."

Dericlock

1,539 posts

Posted by Dericlock > 2019-12-31 17:44 | Report Abuse

Quite a good quarter as it is seasonal busy quarter with much better QOQ revenue & net profit.
Low PE & continue to be a cash cow on giving dividend constantly

skyea

285 posts

Posted by skyea > 2019-12-31 17:52 | Report Abuse

2017 was peak earnings...this year earnings is 10% less from peak..2017 shareprice peaked at rm 1.80-2... so by right this year shd be 163 to 180 or so. company net cash per share is 50 sen.

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-12-31 17:59 | Report Abuse

My viewed recently VND currency was strong may impact the foreign loss.

lcng123

1,125 posts

Posted by lcng123 > 2019-12-31 18:00 | Report Abuse

The quarterly result is about the same as previous year if excluded the one-off other income of impairment recovery and insurance compensation (RM4.5mil + RM4.28mil = RM8.78mil)

Davidl

1,816 posts

Posted by Davidl > 2019-12-31 18:10 | Report Abuse

QR is acceptable, NTA continues to grow! In addition, prospect is good.

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-12-31 18:17 | Report Abuse

Let go to count down tonight ?

Cf81

114 posts

Posted by Cf81 > 2019-12-31 18:23 | Report Abuse

Count down to dividend on 3rd January...lol....not bad lah this year...was expecting higher.

Posted by yswong2587 > 2019-12-31 18:25 | Report Abuse

2020 is a year to fly for this company, tighten your seat belt and enjoy the high price

Dangel

422 posts

Posted by Dangel > 2019-12-31 19:36 | Report Abuse

Any selldown is an opportunity to accumulate, go go go!

Posted by Lukesharewalker > 2020-01-01 01:05 | Report Abuse

Overall the yearly profit increased although the Quarterly results wasnt impressive

yfchong

5,877 posts

Posted by yfchong > 2020-01-01 13:18 | Report Abuse

any potential sell down on coming days.

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-01 13:19 | Report Abuse

Not furniture team right now. Wont go up

yfchong

5,877 posts

Posted by yfchong > 2020-01-01 20:28 | Report Abuse

Not the theme yet..... need to wait

Davidl

1,816 posts

Posted by Davidl > 2020-01-02 03:34 | Report Abuse

Time to accumulate!

lcng123

1,125 posts

Posted by lcng123 > 2020-01-02 06:41 | Report Abuse

don't mind to wait. while waiting still can get dividend yield more than 5%..... not bad

cherry88

986 posts

Posted by cherry88 > 2020-01-02 09:03 | Report Abuse

disappointing....not moving...better sell the warrants too....

Posted by aliciawo0524 > 2020-01-02 09:18 | Report Abuse

i think can wait for another March quarter because every year Dec and Mar report also cantik punya

lcng123

1,125 posts

Posted by lcng123 > 2020-01-02 09:25 | Report Abuse

cherry, why you wanna follow those who not understand the business of pohuat. they didn't read the quarterly report carefully.

cherry88

986 posts

Posted by cherry88 > 2020-01-02 09:33 | Report Abuse

I know...but the warrants will expire in Oct oh. And, no dividend...haiz

Posted by Lukesharewalker > 2020-01-02 09:43 | Report Abuse

Dont see what is the selling about?

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-01-02 09:45 | Report Abuse

Time to accumulating

Posted by Lukesharewalker > 2020-01-02 09:48 | Report Abuse

Operator jerking downwards...there is still 2 cents dividends. Buy warrants and convert

Posted by Lukesharewalker > 2020-01-02 09:52 | Report Abuse

Oversold now...

Cf81

114 posts

Posted by Cf81 > 2020-01-02 09:52 | Report Abuse

New year panic? Lol....selling now because everyone expected superb q4...but it's not that bad...will drop again until tomorrow T+2

cherry88

986 posts

Posted by cherry88 > 2020-01-02 09:53 | Report Abuse

Good....At least I can liquidate my warrants...

Dericlock

1,539 posts

Posted by Dericlock > 2020-01-02 09:54 | Report Abuse

wao....a company that ROE 14-15% but selling at about its book value.
Lol, what a funny mr masket

Posted by Lukesharewalker > 2020-01-02 09:56 | Report Abuse

Still at pe 6.3 anyways...

Posted by Lukesharewalker > 2020-01-02 09:57 | Report Abuse

Dunno why the panic

Posted by Lukesharewalker > 2020-01-02 09:58 | Report Abuse

Only benefit the scalpers

Dericlock

1,539 posts

Posted by Dericlock > 2020-01-02 09:59 | Report Abuse

lol, @cherry88, before that you said warrants should be discounted and not worth to buy.
But now start unloading, isnt that contradicts with what you "recommend" before, haha

Cf81

114 posts

Posted by Cf81 > 2020-01-02 10:00 | Report Abuse

cherry88....few weeks ago, you've mentioned not to buy any warrants...but now need to unload warrants!?!?

CCCL

621 posts

Posted by CCCL > 2020-01-02 10:01 | Report Abuse

Very normal. Expect the unexpected! Ah Huat will shine....

Posted by Lukesharewalker > 2020-01-02 10:01 | Report Abuse

Will bounce once dividends date is declared

Posted by Lukesharewalker > 2020-01-02 10:06 | Report Abuse

Sell @ 42 lah...LOL

cherry88

986 posts

Posted by cherry88 > 2020-01-02 10:07 | Report Abuse

It is super low for mother share. Agree. NTA also RM1.63. And most important, it sits on net cash (less bank loan) of RM0.54/share. Will buy mother to get dividend

Posted by Lukesharewalker > 2020-01-02 10:09 | Report Abuse

Strange. Have not heard of converting?

CCCL

621 posts

Posted by CCCL > 2020-01-02 10:12 | Report Abuse

You see the star paper, reporting half baked story...obviously create opportunities for others to buy in...

Posted by Lukesharewalker > 2020-01-02 10:13 | Report Abuse

@Cherry..that's why lose more loh...

Posted by Lukesharewalker > 2020-01-02 10:19 | Report Abuse

Should be at pe 7 , 1.60

Posted by Lukesharewalker > 2020-01-02 11:14 | Report Abuse

You trust this government? Ringgit can go up?

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-01-02 11:24 | Report Abuse

FYI A lot of buyers including me are queuing to buy now & those pls sell it now if you dare to loss

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-01-02 11:29 | Report Abuse

Actually The quarterly result is about the same as previous year if excluded the one-off ( other income ) of impairment recovery and insurance compensation (RM4.5mil + RM4.28mil = RM8.78mil). FYI. The revenue is increasing

Posted by Lukesharewalker > 2020-01-02 11:30 | Report Abuse

Directors will take up the warrants

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