No one open new thread mehhhhhh????

Past versions...

V5 Link

V4 Link

V3 Link

V2 Link

V1 Link


As usual, please don't waste space by checking in.

looks like mid/small cap no more power to perform. more like at it's peak now. really need some foreign funds to keep pushin

Ah lat sibeh kiam siap dividend but proposed share buy back up to 10%.
So worth to hold?

erm... with the recent homeritz result, people are pretty much concern about their next release of Q result. for mid term wise, i think should be fine. for short term got some volatile

johnnyzai89

Repost:



So Homer got the bad verdict from the market yesterday.

Stock was thrashed and it closed at 0.83.



Is the beating down justifiable?
Or is the beating down a rash act from the market?


I know some are saying stuff like this beolow...

Yes, we know the net profits for Q4 was down a fair compared to its previous year Q4.

And yes, we know all along, the strengthening of the USD was a factor for Homer's excellent results the previous few quarters.

So accordingly, th other interesting note...



When we leave out this USD X-factor......

From the screenshot above:

So when we minus out the forex gain of 0.811 mil in Q4FY2013 ie 7.987 mil - 0.811 mil we get 7.11 mil.
And when we add the forex loss of 0.318 mil in Q42014, ie 6.689 + 0.318 we get 7.007 mil.

Which means it was basically a flat quarter IF the USD was a non factor.

However... I personally would NOT do such a thing.

Ths USD factor is part and parcel of Homer's business since it's an exporting business.



Furthermore, I do not think it's good to dig up reason for it's relatively weak Q4 performance.

Having said that... as per arguement, since USD is a FACTOR in Homer's business (exporting business), we should be aware of the USD movements...

and in case anyone isn't aware of it yet............... the USD has but been extremely strong recently.

check out the USD/MYR chart.



so questions now (for the immediate future) :

would the recent strength in the USD be sustainable?
if so, would it benefit Homer again?

Verdict?

Lastly.....



Homer's AGM is usually in Jan....

What does the last sentence mean?

"Homer's AGM is usually in Jan...."

Just stating the fact.

Well, the 3.1 sen final dividend is a proposal and it needs to be approved... and IF like previous years... that dividend should be paid in Feb ie Feb 2015.

Chase high

AHB classified as PN17 , worth play the reversal? any opinion traders from here?

What would be the catalyst for the reversal to happen?

so far i found none also, but maybe brother keow teow have some insight....maybe consider play some contra trading...for fun

Try show some respect for some traders here lor....
I am sure many traders here do not trade for fun laaaaa....

Trading is serious business...........

Bjauto, take profits or hold at current price?

Any comments from traders here?

delete

This post has been edited by Le Don: Nov 4 2014, 10:09 AM

like this also feel offensive meh ?

for fun doesn't mean don't want earn money .. i do it for fun also for serious business

If you want to take profits..... why?

Is it because you have gotten a very nice profit in a rather short time?




If you want to HOLD...... why?

Is it because you think there's more good stuff to come?




Is the charts showing any sell signs?

BTW hor... Japan Nikkei rally almost 10% within these 2 days.....hoho...

Print Print Print effect......hot money flooding everywhere again

Oil price dropping wooo

I think the USD strength is a bigger worry for 'many' companies....

For example...

a company which has lots of USD denominated loans (for example AirAsia) it is a worry cos higher USD means they have to pay more in their loans repayment.
of course, this could avoided via hedging......

a company importing goods/raw material in USD....
higher USD ....means higher costs...............

Woohoo new thread. Thanks Boon. Now where's my tips?