popo92stockraider, Liihen has already proven that their business are not vulnerable compare to shh, Jcy and etc. Latitude, Pohuat has yet to judge before results release..
29/08/2016 12:23 AM
moneySIFUStockraider, nope, lii hen had released QR 2 week ago & enjoyed 34 percent increased profit YOY growth.
30/6/2016 : 17.02m 30/6/2015 : 12.66m
But Yes to latitude & SHH and not sure on pohuat (to be released by next month)
SuperLaberham yue hangus jor, went into longkang liao, tbh this is the worst-EST ever share I've bought
22/11/2018 11:04 AM
commonsense1Q19 result of negative RM2.5mil marks the 4th consecutive quarter of losses for SHH. Given the challenging market outlook of the furniture industry (oversupply of panel boards and lower demand from export market), couple with the persistently higher raw material and labour costs, investors will need to be prepared for SHH to continue posting quarterly losses in the near future.
If you are looking to diversify your portfolio outside of SHH Resources (due to its weak earnings outlook), I would recommend you to look at MBMR.
MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.
FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.
Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.
Good luck.
05/02/2019 2:37 AM
MichaelangeloSeem like it has bottomed out. There were some accumulation seen.
This stock is definitely on the uptrend mode, with fast + furious pace, to RM 1.33, on the same technical pattern of MCE /7004, that zoom limit up at RM 1.33 on 21 October 2020.
When SHH is limit up, it is identical as MCE/7004 at RM 1.33, Like a twin.
The old high RM 2.37, 13 November 2015, is in the process of the journey
22/10/2020 7:45 AM
SuperdaddyCheers and hopefully company performance will improve as time goes by.
======================================+==== As predicted, at 7.45am, 22 Oct 2020, It will reach RM 1.33 Now closing for 28. October 2020, RM 1.31(+RM0.06), just 4 trading days, it has reached RM 1.31, Just hold tightly and wait patiently for RM 2.00
28/10/2020 5:46 PM
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