POH HUAT RESOURCES HOLDINGS

KLSE (MYR): POHUAT (7088)

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Last Price

1.38

Today's Change

+0.01 (0.73%)

Day's Change

0.00 - 1.38

Trading Volume

8,600


14 people like this.

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

dalpinia

2,299 posts

Posted by dalpinia > 2015-12-28 16:02 | Report Abuse

POH HUAT RESOURCES HOLDINGS BERHAD

First interim single-tier dividend of 4% equivalent to 2 sen per share in respect of the financial year ending 31 October 2016.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 6 Jan 2016
2) The last date of lodgment : 8 Jan 2016
3) Date Payable : 22 Jan 2016




Announcement Info
Company Name POH HUAT RESOURCES HOLDINGS BERHAD
Stock Name POHUAT
Date Announced 23 Dec 2015
Category Listing Circular
Reference Number ILC-22122015-00007

dalpinia

2,299 posts

Posted by dalpinia > 2015-12-28 16:03 | Report Abuse

suddenly add 2 sen div....great move.

dalpinia

2,299 posts

Posted by dalpinia > 2015-12-28 16:04 | Report Abuse

special div???!!!

soonice

130 posts

Posted by soonice > 2015-12-28 16:06 | Report Abuse

Further to the announcement made on 24 August 2015 and 01 September 2015, in relation to the fire incident at one of the manufacturing base belonging to Poh Huat Furniture Industries Vietnam Joint Stock Company ("Poh Huat Vietnam") on 23 August 2015.

The total net book value of the damaged factory buildings together with the plant and machinery are RM2.89 million while damaged stocks are RM6.12 million.

The Company had on 17 September 2015 submitted a fire claim of USD3.62 million (equivalent to RM15.57 million) to the insurance company, Bao Minh Insurance Corporation, and is preparing the fire consequential loss claim.

The Company wishes to inform that the appointed adjusters, Crawford Vietnam Co Ltd, has proposed an interim payment of VND22 billion (equivalent to RM3.83 million) for the fire damage claim. The Company had received the first portion of VND11 billion on 11 December 2015 and the second portion of VND11 billion on 23 December 2015.

The total settlement of the claim is pending finalisation and an announcement will be made upon confirmation/acceptance of the same.

The Board of Directors of the Company will continue to update on material development for the above incident.

This announcement is dated 28 December 2015.

soonice

130 posts

Posted by soonice > 2015-12-28 16:06 | Report Abuse

......................................goood news or bad news ?????????????

HH2004227

122 posts

Posted by HH2004227 > 2015-12-28 16:12 | Report Abuse

successfully claim first portion money, sure good news lo

mmk79

1,840 posts

Posted by mmk79 > 2015-12-28 16:13 | Report Abuse

of course good news. Pohuat already compensated RM3.83m so far. And the rest of the potion of the claims will be received in due course. If Pohuat manage to claim RM10m instead of RM15.57m is still more than their loss or damaged.

soonice

130 posts

Posted by soonice > 2015-12-28 16:18 | Report Abuse

then why pohuat not shoot up ?

dalpinia

2,299 posts

Posted by dalpinia > 2015-12-28 16:19 | Report Abuse

anyone aware about the extra 2 sen div

Posted by teoweijun87 > 2015-12-28 16:21 | Report Abuse

dalpinia...i thought you are ceo of Pohuat?? haha

Posted by Lamborghini > 2015-12-28 16:21 | Report Abuse

Is confirm ady. And now doing pending....haha

Posted by teoweijun87 > 2015-12-28 16:21 | Report Abuse

already annouced long time ago...we are aware

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:22 | Report Abuse

dear soonice~steady,pohuat will fly to the sky~just matter of time ~btw,the most important thing is.....QR!!

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:23 | Report Abuse

normally pohuat gave 2~3 % dividend,now qr havent out already announce 4%...that means.....hhahaha

soonice

130 posts

Posted by soonice > 2015-12-28 16:23 | Report Abuse

ok thx ........
~~

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:24 | Report Abuse

teoweijun87....today morning touched 2.1??or 2.09??

Posted by teoweijun87 > 2015-12-28 16:25 | Report Abuse

kahfai 211...is 2.09..i saw wrongly at warrant 1.1...hahah..coz holding both..

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:26 | Report Abuse

hahaha~hope today QR will out~HUAT AH

soonice

130 posts

Posted by soonice > 2015-12-28 16:27 | Report Abuse

ya hope today q

soonice

130 posts

Posted by soonice > 2015-12-28 16:27 | Report Abuse

QR out today ?

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2015-12-28 16:29 | Report Abuse

2.09

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2015-12-28 16:30 | Report Abuse

good news coming for sure

soonice

130 posts

Posted by soonice > 2015-12-28 16:30 | Report Abuse

ya 2.09 ---2.10

Posted by Chin Pin Tan > 2015-12-28 16:30 | Report Abuse

Just wondering why the premium on the warrant is so low, just 1 cent above, sad case

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-28 16:32 | Report Abuse

huat huat huat

Posted by teoweijun87 > 2015-12-28 16:33 | Report Abuse

chin pin tan...it is because it is paying div...

mmk79

1,840 posts

Posted by mmk79 > 2015-12-28 16:33 | Report Abuse

hope for fantastic qtr result plus Special Dividend. Another 2 cent dividend would be good.

Lulu La

901 posts

Posted by Lulu La > 2015-12-28 16:35 | Report Abuse

hopefully huat together......wohooooo

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:35 | Report Abuse

special dividend 10 cents please~since insurance claimed~~gai dai phone hei lor~

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:39 | Report Abuse

2.1 touched~~XD

soonice

130 posts

Posted by soonice > 2015-12-28 16:39 | Report Abuse

Write a comment..2.1

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2015-12-28 16:39 | Report Abuse

2.10

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:40 | Report Abuse

if today touch 2.15 above,the qr confirm very good

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2015-12-28 16:40 | Report Abuse

result come come come

Posted by sengtong88 > 2015-12-28 16:41 | Report Abuse

2.1!!!

Newbhere

47 posts

Posted by Newbhere > 2015-12-28 16:42 | Report Abuse

Do bear in mind, the funds received will be reflected in later qtrly reports. Not, in the report that we are expecting this week.

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 16:42 | Report Abuse

i guess 2.1 will gone before 5pm..guess only~

leekw

21 posts

Posted by leekw > 2015-12-28 16:42 | Report Abuse

Expected good result,buy b4 late.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-28 16:55 | Report Abuse

huat ahhh 2.10 closing

koonbee9

674 posts

Posted by koonbee9 > 2015-12-28 16:57 | Report Abuse

Manage to get some at 2.08...wait for Q result announce by 31/12

cherry88

986 posts

Posted by cherry88 > 2015-12-28 16:58 | Report Abuse

RM3.00 is coming....

red_85

1,259 posts

Posted by red_85 > 2015-12-28 17:00 | Report Abuse

too late to buy now, after result announce, most probably they will be a profit taking round..look at liihen chart then you will know.
if good result, within expecation, gap up abit, profit taking and will go back to rm2 level..
if bad result, gg and good luck..sure gap down until 1.7..

my 2 cents..high risk to go in now..last 3 weeks should go in at 1.8..

Lulu La

901 posts

Posted by Lulu La > 2015-12-28 17:00 | Report Abuse

RM3.00 i will laugh until my teeth come out lo

kahfai211

822 posts

Posted by kahfai211 > 2015-12-28 17:04 | Report Abuse

oppss~~spoiler notice pohuat ady~

Posted by Chin Pin Tan > 2015-12-28 17:08 | Report Abuse

Now the warrant 1.09, exercise price 1, 2.09 If you buy warrant and exercise it. Share price is 2.10 now....wtf

Posted by Issac Chai > 2015-12-28 17:14 | Report Abuse

@ chin pin tan. means buy mother or warrant better?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-28 17:22 | Report Abuse

The Fire incident losses was RM 9mil but it submitted a claim of RM 15.6mil.
Now the insurance company only partially pay back RM 3.83mil. The remainding portion is pending to be finalized. I suspect something not right is happening.

Newbhere

47 posts

Posted by Newbhere > 2015-12-28 17:28 | Report Abuse

Nothing wrong.... the compensation should consider latest MV for replacement of the assets + allowances and other cost incurred during period of claim to pay-out. I expect this qtr results to be hit with either the impairment or write-off first. Then next qtr(s) to be reflect gain and proceeds from compensation. But everyone seems to be very confident that the impact is immaterial and the share price keeps on flying. So let's see what's the final result.

Superb99

6,603 posts

Posted by Superb99 > 2015-12-28 17:31 | Report Abuse

worry that it is now in the over bought position, if the result is poor then the price sure will drop seriously....pray hard

Newbhere

47 posts

Posted by Newbhere > 2015-12-28 17:36 | Report Abuse

If the Company's sales and profit margin is reallllyyyy super good... then perhaps the impact from the impairment/writedown will be negated... meaning there must be a higher EPS for this quarter versus previous quarter.

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