Malaysia 🇲🇾 The richest furniture stock POHUAT
Since Malaysia's exports have been declining for 6 months in a row, the performance of the furniture sector is not impressive. As soon as the POHUAT results are released today, the first thing to do is check the company's cash level.
As of the latest quarter, POHUAT's cash level reached RM288.49 mil, and cash continued to break new highs despite poor profits. Orders in the furniture sector are sluggish. Fortunately, there has been no expansion in the past few years, so operating costs are still within a manageable range.
The month has been full of ups and downs, and the current slump in private sector stocks is due to the next reversal. Moreover, POHUAT's reserves are sufficient to support it through several rounds of cold winters. Cash is King is right in the era of high interest rates.
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投资座右铭：价值为主，技术为辅，心态之上
在股市拥有超过10年的经验，主要是通过科技以及制造出口领域累积财富。
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Short it : So much cash