Net cash company. Net current assets 235M. Net long term assets around 200M. If you look into the details the long term assets can be revalued up to 3x just on liquidation value.
Market cap 400M. Steadily makes 50M a year and pays you around 6% yield in normal times, quarterly. No tax on dividend compared to REITs.
This stock will not be shariah compliant for some time because too much cash.
If they don't do any corporate exercise and share price doesnt go up, cash = share price in 4 years time lol while still owning a business and asset that makes 50M a year.
# Consumer durables , an investment holding company, manufactures and sells furniture in the United States, Canada, Vietnam, Malaysia, and Australia. It offers office suites comprising tables, work-tops, side extensions, counters, pedestals, cabinets, and workstations; bedroom suites consisting of beds, nightstands, chests of drawers, dressers, mirrors, and other bedroom fittings; and home-office suites, such as integrated home workstation incorporating drawers, filing cabinets, pedestals, and entertainment sets. The company markets its products under the brand names of AT Office System and AT Home System. It also operates as a property developer, as well as engages in the retailing and wholesaling of household and office furniture. In addition, the company engages in warehouses leasing. It also exports its products to India, the United Kingdom, the Middle East, and South East Asia. Poh Huat Resources Holdings Berhad was incorporated in 1997 and is headquartered in Muar, Malaysia.
# Last 5 yrs div 4.03% - 6.04% ( established dividend payer)
# Cash & receivables RM 236.4 million
# Physical assests RM 155.7 million
# Debts RM 30.3 million
# Earnings growth expected (10.8% per year) for the next 3 years
Waiting for this stocks for few weeks edy, now seems vietname covid daily cases spike suddenly, this company more than half of the revenue generated from vietnam
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....
bullrun1985
1,271 posts
Posted by bullrun1985 > 2021-05-31 10:58 | Report Abuse
zen2k, pohuat confirm stop work 2 weeks, no income for this 2 weeks