With the robust economy data from the West, the local furniture business had been recovering and seeing a growth as well with the rising demand from the West. While most had risen above their net tangible asset, SHH is definitely something that is worth a look at.
Let's have a quick look at the current price movement of SHH.
SHH - A Booming Front
SHH Resources Holdings Berhad is engaged in the manufacturing of wooden furniture, including the kiln drying and treatment of wood used in the manufacturing process. Most of the wooden furniture that SHH manufacture is exported to the United States.
Furniture company had been encountering a robust growth stage after the recovery of the US economy. Furniture company started to pick up in the end of 2013 with more encouraging order in the 1H of 2014. The furniture craze had been strong and is one of the dominating topic in 2014.
A quick look up on the following furniture or furniture related company.
1.) Latitude Tree Holdings Berhad
NTA: RM 3.05
2. Poh Huat Resources Holdings Berhad
NTA: RM 0.44