This counter should benefit from the stronger US$ against the Ringgit and next Q result will reflect this gain. Up fast anytime and my favourite counter.
This counter has Low PE 5.7 and NTA RM 1.51. In addition, it's a furniture counter and qtr result (v. likely better than last qtr, I guess) out this month. So its price is expected to go up v. soon!
Up gradually as the next qtr result (to be announced in May) is expected to be good due to higher sales in US and EU (QE) and foreign currency conversion gain.
NTA of SHH is RM1.53, net cash is RM 23,000,000.00 or equivalent net cash of RM0.46 per share. Most of its land and properties were last valued during the nineties. Most of its furniture are exported to USA. With US Dollars kept strengthening over the past few months, SHH will show good results.
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....
steveooikp
4,689 posts
Posted by steveooikp > 2014-09-23 16:48 | Report Abuse
dropping leh.