HTL Intl   

HTL Int

Hi Shplayer,

agree with you that the nature of the business is furniture one is in leather sofa and the other is more on woody base.

Koda potential up-size is really great, last yrs I was abt to take this counter.. but aft compare to HTL which has a proven stable business model I thought which is a better choice then Koda but who know now.. HTL is no body pet now.... even Fidelity is trying to jump ship now.

 

HTL is in leather furniture....sofas, massage chairs. Another company in the same mkt segmant will be Man Wah? (think thats the name).



Koda is in wood base furniture like dining sets, coffee tables, etc...mainly low to medium end range.

 

should have jump into Koda ship which is growing strong with the low end cheap cheap furniture... easily to make money.

 

Hi there, I think the direction for HTL moving toward 
the high-end furniture can be really bumpy in this few 
yrs. 

Therefore, big fund manager like Fidelity 
International also try to reduce it holding stack. 

shit for small retailer like me got to tan-ku-ku until 
the sky turn bright again.

 

 

Take note there is heavy institutional selling. Just 2 days ago, Fidelity International disposed off  967,000 shares reducing its stake from 11.04% to 10.8%.

 

As far as I know, I consider this stock is an out peak performance share, so should wait quite a long time (one to two years perhaps) before jumping in, just from the long term investor point of view, however, it is still okay for range trading. Please do not misunderstand.

 

Any updates on this counter?

I think it has fallen quite low already!

 

I think this is the short-term over sold effect.
Hope is a bungy jump thingy.

 

Thinking of picking up some HTL. Very Chum.....free fall........

Ya....its quite a good company....Ave 5 years ROE is 20+%.

 

HTL International  (HWA SP/HTLH.SI, NEUTRAL - Downgraded, S$1.15, Target: S$1.22)
3Q06 results - Nurturing a Mogwai and hopefully not a Gremlin
by Kenneth Ng

3Q06 net profit of S$11.7m was 21% below our expectations and further below market consensus. Disappointing results attributed to weak sofa sales in key Europe and Japan markets, plus higher-than-expected Domicil losses. While seasonal weakness is not a big issue typically, we worry that the latest results hint at HTL's big OEM customers getting uncomfortable with its Domicil strategy. HTL needs to widen the distance between itself and cost-competitive China producers and its weapon is the Domicil brand name. However, as Domicil continues its launch over 2007, fear of current OEM customers walking away nags at us. We lower our rating to Neutral on lower EPS estimates and increased execution risks, preferring to see signs of Domicil success before becoming buyers again.

HTL

 

hmmmm, TA charts still good for a good buy now singaporegal?? the price kinda low now...company also fundamentally sound even of the crash...might be a good buy for its price...

 

Wow... HTL crash today. From TA charts, the trend was a little uncertain in the past week.

 

Price touch lower boundary of the "Flag" again, with small volume...
bad sign....

 

business go holland already

 

HTL International Holdings Ltd: Poor 3Q06 performance

Summary: HTL's revenue rose 9.1% YoY to S$165.0m in 3Q06, attributable to higher sofa sales and maiden contribution from home furnishing unit. Net profit surprisingly dipped 11.0% YoY to S$11.7m in 3Q06, but 9M06 still increased 11.6% YoY to S$40.3m. Excluding the S$1.9m operating loss at Domicil and a one-off forex translation loss of S$0.6m, HTL's core business would have risen S$1.1m YoY to S$14.2m in 3Q06. We have cut our net profit projections by 7.6% to S$55.8m in FY06, and 12.3% to S$61.1m in FY07. This is mainly to factor in the weak performance in the third quarter, and greater-than-expected competitive pressure in China. Still, we expect HTL's QoQ performance for its core sofa sales to benefit from the traditionally seasonal upswing in 4Q06. Our fair value estimate for HTL is now S$1.40, down from S$1.45 previously. However, we believe that HTL's weak business outlook has already been captured in our earnings estimate and its current share price. As there is still 22% price upside potential, we are keeping our BUY rating on HTL.   (Chong Wee Lee)

 

MA, RSI and MACD also downtrend.

 

According to A/D & Chaikin, it is on a downtrend.

 

It seems that HTL is having some sideway movement  for some months now. Will it go north or south?

 

any one think that HTL is overpriced stock?

 

this should be the fundamentally sound counter, I?ve lost the chance to cash out at 1.25 few week ago? hope for good result come next.