I think lumber price in US may not affect so much. But the weakening of USD against RM will definitely affect the profit. So, the MCO (or Covid) and the forex impact will not do well for export company like Poh Huat. Given its warrants to expire coming October, the year end EPS will be further diluted. Looks like the dividend is merely sweeter. Don't fall into "valuation trap"
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cherry88
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Posted by cherry88 > 2020-07-29 12:33 | Report Abuse
https://klse.i3investor.com/blogs/savemalaysia/2020-07-29-story-h1510786978-Putrajaya_limits_foreign_workers_only_to_construction_agriculture_plant.jsp