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Looking for the next trend play in Bursa
Malaysia? No need to look further, neither left or right, east or west.
The trend that is in play and will continue for a while will be the
furniture theme play. But not all furniture player are going to benefit
from this Work From Home, only a certain player stand out to benefit
more.
Hence, I would like to point out to the
FURNITURE HUB of MALAYSIA, that is in MUAR, JOHOR. This is the place
where all the popular and branded furniture maker gather together, where
raw material, skill worker are centered in a location.
According to data, the furniture export
from MUAR, JOHOR represent 50% of the whole Malaysia. That is a very
commendable figure to say.
The current COVID-19 situation had
created a new market - WORK FROM HOME. This new opportunity is currently
having a big void to be filled up for most of the exporting furniture
player in MUAR.
The EDGE - Local Furniture players get a boost from WORK FROM HOME POLICY from the US.
According to the report, furniture maker in MUAR stand to benefit from US 2 trillion (RM 8.3 trillion) stimulus cash hand out.
So, how are furniture player in MUAR performing in terms of share price? .
POHUAT - REBOUNDED HIGHER FROM THE SELL DOWN DURING LOCKDOWN
WEGMANS - REBOUNDED HIGHER FROM LOCKDOWN SELL OFF
LIIHEN - REBOUNDED HIGHER FROM LOCKDOWN SELL OFF
SWSCAP - REBOUNDED WITH GOOD UPTREND
WHEN MOST OF THE FURNITURE MAKER IN MUAR ARE HAVING THRIVING BUSINESS, HOW ABOUT THE SUPPLIER FOR FURNITURE MAKER ????
I WANT TO INTRODUCE TO YOU - DOMINAN 7169
LESS KNOWN TO MOST, BUT THIS WOOD PANEL / PLYWOOD SUPPLIER TO FURNITURE MAKER IN MUAR AND VIETNAM IS UNDERLOOKED
HOWEVER, THE POTENTIAL
TO REBOUND BACK TO IT'S NORM SHOULD NOT BE FAR AWAY AS DOMINAN IS A GOOD
FUNDAMENTAL COMPANY, PAY DIVIDEND FEW TIME EVERY YEAR, NTA RM 1.80 AND
WELL MANAGED WITH GOOD OWNERS.
DOMINAN STAND TO BENEFIT FROM
1. STRONG ORDER FROM FURNITURE MAKER AT MUAR
2. BETTER PRICING IN WOOD MATERIAL
3. LOWER INTEREST RATE WILL BENEFIT THE OUTSTANDING LOAN TAKEN BY DOMINAN
CURRENT PRICE CHART WILL SEE DOMINAN IS
READY TO BREAK OUT FROM THE LOW PRICE RANGE, CONSOLIDATION ALREADY MAX
OUT AND READY TO GO UP
DOMINAN
DOMINAN TARGET RM 1.00 year end. SUPPORT WITH STRONG FUNDAMENTAL
For latest information, can join us at
Blog https://targetinvest88.blogspot.com
Blog https://targetinvest88.blogspot.com
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https://klse.i3investor.com/blogs/targetinvest/2020-09-30-story-h1514362854-BE_SMART_AND_DOMINAN_INVEST_DOMINAN_ON_UNDERVALUED_POSITION.jsp
https://klse.i3investor.com/blogs/targetinvest/2020-09-30-story-h1514362854-BE_SMART_AND_DOMINAN_INVEST_DOMINAN_ON_UNDERVALUED_POSITION.jsp
