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Last Price Today's Change   Day's Range   Trading Volume
1.37   +0.03 (2.24%)  1.34 - 1.39  127,300
9,924 comment(s). Last comment by yfchong at Jan 26, 2022 1:05 PM
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sherlockman
154 posts

Posted by sherlockman > Jan 10, 2022 10:39 AM | Report Abuse

yes glad to be on the same side as powerplay 666 :)


sherlockman
154 posts

Posted by sherlockman > Jan 10, 2022 11:02 AM | Report Abuse

hoping to buy more if it gets to rm1.3 to rm1.32


Powerplay666
995 posts

Posted by Powerplay666 > Jan 10, 2022 3:25 PM | Report Abuse

" Chicago lumber futures traded near to $1,200 per thousand board feet, amid supply disruptions and a hot housing market. From the demand side, construction companies are hoarding material to avoid shortages. Also, unseasonably warm temperatures are allowing homebuilders to keep their activity fueling the demand for lumber. Meanwhile, supply disruptions remain amid record rainfall in Canada during November and labor shortages in the US. In Canada, floods have affected the transportation system, delaying or making it impossible to ship lumber to the US. In the United States, sawmills faced a labor shortage as workers are unwilling to work in such dangerous conditions at low wages." From trading economics.
For comparison sake, lumber was trading at $500 per thousand board feet in September 2021.


Powerplay666
995 posts

Posted by Powerplay666 > Jan 10, 2022 7:49 PM | Report Abuse

https://www.google.com/amp/s/www.yahoo.com/amphtml/lifestyle/lumber-prices-increase-2022-174227491.html


sherlockman
154 posts

Posted by sherlockman > Jan 11, 2022 10:27 PM | Report Abuse

strong buying at Rm1.38 today


Powerplay666
995 posts

Posted by Powerplay666 > Jan 11, 2022 10:42 PM | Report Abuse

Sideways movement these last few days bodes well for the the next push upwards soon.


captainjeremysparrow
215 posts

Posted by captainjeremysparrow > Jan 12, 2022 7:27 AM | Report Abuse

13huat. Next will be 14huat.


Powerplay666
995 posts

Posted by Powerplay666 > Jan 12, 2022 10:17 AM | Report Abuse

Lumber up by 8% this month alone. Its up by 154% since August 2021.


sherlockman
154 posts

Posted by sherlockman > Jan 12, 2022 12:47 PM | Report Abuse

lumber futures up 4% last night. We will just buy and wait for the next QR next month


Powerplay666
995 posts

Posted by Powerplay666 > Jan 14, 2022 10:33 AM | Report Abuse

Lumber keeps climbing. Up 12% for January, up 160 % since September 2021. Next coming qr announcement in February is already huge but now the next qr after this is also going to be bombastic.


Powerplay666
995 posts

Posted by Powerplay666 > Jan 14, 2022 11:04 PM | Report Abuse

FLB hardly affected by the bloodbath happening all round Bursa this week. Take the hint. Holders aren't letting go of this stock.


newguy0801
678 posts

Posted by newguy0801 > Jan 15, 2022 12:52 PM | Report Abuse

Just a small question, isn't that Focus Lumber's profit mostly in USD? With the weakening of USD to MYR, won't FLBHD suffer as well?


Powerplay666
995 posts

Posted by Powerplay666 > Jan 15, 2022 2:05 PM | Report Abuse

The swing between USD and Ringgit has been in the range 4.14 to 4.24 (+/-2%) in the past six months. Impact to FLB is minimal. In fact it probably helps FLB because in the three months of the past six, USD strengthened vs Ringgit before having a small retracement. Lumber spiking by 165% during the same period negates any currency fluctuations.


sherlockman
154 posts

Posted by sherlockman > Jan 15, 2022 3:07 PM | Report Abuse

great analysis Powerplay. I still waiting at RM1.30 but not filled which shows not many willing sellers despite being up so much already last couple of weeks


Powerplay666
995 posts

Posted by Powerplay666 > Jan 17, 2022 5:47 PM | Report Abuse

Come here to the safe haven of the value recovery stock of FLB. Overpriced Tech stocks will be volatile through out this year. Lumber is soaring now and this stock will outperform in 2022. Price is ready to fly anytime soon. Hardly dropped at all during the bloodbath this past week.


sherlockman
154 posts

Posted by sherlockman > Jan 18, 2022 8:06 PM | Report Abuse

will break rm1.50 before QR in feb


Powerplay666
995 posts

Posted by Powerplay666 > Jan 19, 2022 12:31 AM | Report Abuse

Lumber up another 40 points tonight to usd1278 on the exchange or 22% up in January alone. It was usd 474 in August last year. 170% rise in just 5 months. Bumper profits for FLB.


sherlockman
154 posts

Posted by sherlockman > Jan 20, 2022 7:20 PM | Report Abuse

bought in at rm1.35 today...yesterday high was rm1.47, thought had missed the chance


yfchong
5026 posts

Posted by yfchong > Jan 23, 2022 1:23 PM | Report Abuse

RV.....can go back to 2016 level......?


Fabien _the efficient capital allocator
1693 posts

Posted by Fabien _the efficient capital allocator > Jan 23, 2022 7:53 PM | Report Abuse

I remember back in 2015-16 heydays, FLBHD able to ride the US RV boom (about 70% of their plywood is catered to the RV industry) coupled with the strong USD.

Perhaps, the stars have re-aligned again as the 1) US economy is recovering very strongly plus the cash reserves/savings from easy monetary policies hence bodes well for the demand for RV, 2) USD likely to strengthen further due to monetary policy tightening, 3) high Lumber prices (take a look at the 10 yr chart, its shooting towards the moon)


Powerplay666
995 posts

Posted by Powerplay666 > Jan 24, 2022 8:21 PM | Report Abuse

Net cash company primed to make triple return profits for fy22. Factory is at 24x7 production according to management. Fast growing RV market in the US coupled with soaring lumber prices will make the market pay attention very soon. Price has held steadily sideways since the last spike in December. Vcp set up coming along very nicely.


sherlockman
154 posts

Posted by sherlockman > Jan 26, 2022 12:54 PM | Report Abuse

happily collecting at Rm1.35 and below


sherlockman
154 posts

Posted by sherlockman > Jan 26, 2022 12:55 PM | Report Abuse

Min Rm.1.8 to Rm2.00 by June


yfchong
5026 posts

Posted by yfchong > Jan 26, 2022 1:05 PM | Report Abuse

If can hit its good liao

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