26/08/2015 just announced 4th Quarter EPS= 7.52 cents. 1st Q=0.79 cent, 2nd Q=1.79 cents, 3rd Q=3.07 cents, 4th Q=7.52 cents. Total annual EPS=13.17 cents. Declared 10 cents DIVIDEND.
(1) Its profits are improving every quarter. Koon Yew Yin advised us to only buy shares which you expect the profits will be getting stronger and stronger.
(2) SHH is a furniture company using local raw materials and exports its products mainly to United States and earn in US Dollars (USD). USD is expected to be strong for the next few years.
(3) SHH is now only trading at an undervalued price of RM0.995 per share. But its latest annual EPS is already 13.17 cents. PE is only 7.56 times. Which other furniture stock is now trading at this low PE ? Look at the PE of Latitude, Liihen, Pohuat, Evergreen, Hevea etc.
(4) It declared 10 cents dividend per share (T.E.) compared to a dividend of 2 cents per share last year. At the present price of RM0.995 per share, its Dividend Yield = 10.05%. How many times higher than FD Interest Rate in banks? Besides, looking forward to capital gain.
(5) Its NTA is now RM1.61 per share compared to NTA of RM1.50 per share last year.
(6) This stock is a real test of holding power for medium to long term investors. Very few free floating shares in the open market.
27/08/2015: Discovered the unnoticed/undiscovered gem (隐藏的宝石) or ruby (隐藏的红宝石) of SHH during morning trading session.
(1) We set aside the takeover rumour of SHH by Hevea at RM1.60. Just concentrate on SHH's fundamentals.
Once very good quarterly financial results were released yesterday (26/08/2015 ) plus declared single-tier dividend of 10 cents per share, today SHH gap up opened from previous closing price of RM0.955 to RM1.16.
(2) SHH's next Quarter financial result should be even better considering July--August/Sept, the Forex rate of 1 USD = RM 3.80 to more than RM4.20 range.
(3) SHH has 49.997 million shares only at PAR value of RM1.00 per share. It has a high chance of "Multiple Proposals" of Bonus Issue, Shares Split, give free Warrants etc (if its profits keep on increasing). This will increase its liquidity . This will be the "second catalyst" to move its share price to historical uncharted territory.
turbochart:: Are you sure?? From where did you acquire this rumours "Heave takeover SHH at RM 1.60 ? The Edge published this many months ago already! Then, later??? What happened??
Hevea said wn to venture into kid's furniture, first time in b2c segment, whereby they can tarok their no-smell glue, which would no cause allergy and envirome frenly etc
High probaly via through SHH, coz currently they only manufacture particle board, not finished furniture
The MD of hevea is in Milan now and he told Wikileaks some 2-3 weeks ago SHH deal confirmed NO DEAL. It is only the reporter of theedge Liew Jia Teng spreading nonsense
this tiger must be caged . Frightening others just like hamyi , both frightening ppl for a year on Liihen . Same goes for candygirls . Liihen price moved up 300%
The above was published on 4th of Sept 2015 regarding "Hevea Board, SHH jumps on report of merger talks still ongoing".
Will the above M & A eventually materialise?
But one thing for "sure" , that is SHH had declared single-tier dividend will be10 sen per share, likely ex in Dec and pay in January 2016 (just like last year's 2 sen dividend ex date in Dec).
At today's closing price of RM1.42 per share, it's Dividend Yield is 7.04%. That is invest RM1,420.00 in SHH for 4 months, dividend=RM100.00. After 4 months, will its share price be higher than now? Consider its fundamentals, last quarter's (April--June 15) EPS was 7.52 sen per share. SHH exports furniture mainly to USA and earn in USD.
Next quarter's (July--Sept) earning should be even better with 1USD=above MYR4.00. Then, Oct--Dec's sales will be even higher because in USA, people buying new furniture for their homes before Christmas.
Ai-yah, Sangharimau. SHH has only 49.997 million shares only (paid up capital), most of its shares are tightly held by major shareholders and medium term investors.
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....
kakashit
1,472 posts
Posted by kakashit > 2015-08-26 21:33 | Report Abuse
一个字,强!但Latitude会更强。