Surging Demand for Homes with RV Parking
The RV industry is on pace for record RV shipments this year. The Recreational Vehicle Industry Association (RVIA) estimates that over 400,000 RVs1 will be shipped in 2016. About 9 million RVs are now on the road in the US, and an estimated 8% to 9% of all US households now own an RV. New high-end motor homes can easily cost $100,000, $200,000, $300,000, or more—a sizable investment that you don’t necessarily want to just leave sitting out on the street.
With Trump's USD1.5 Trillions (About Rm6 Trillions) For Infrar Jobs of Highways, Bridges, Rural Roads more Americans will buy RVs and explore USA.
So FOCUS LUMBER WILL HAVE A VERY BRIGHT FUTURE
Warmest Regards
Calvin Tan Research
Singapore
And these are some Salient Factors for Focus Lumber
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At Rm1.08 with NTA Rm1.60 Focus Lumber is selling at more than 30% discount. So it has Margin of safety.
2) Company has zero borrowings and zero gearing.
3) It pays 6 Sen & 2 Sen dividends making it a total of 8 sen. At Rm1.08 this translates to a nice 7.4% dividend yield which is twice that of Bank FD rate.
4) With the banning of Log export from Sabah Focus Lumber will now have an abundant of raw material. When China banned imports of waste papers - the shares of paper recycling like Muda surged. So Focus Lumber share price will perform better in coming days.
5) With US in full employment it bodes well for the economy in expansion. So export of plywood to USA will also expand.
6) Seeing good prospects Insiders have been buying and buying Under Value FLB shares from the open market
See
7) By all yardsticks of NTA, Dividend & Growth Prospects FLB share price is now undemanding and worth a buy.
Please buy or sell after doing your own due diligence.
Warmest regards
Calvin Tan Research
Singapore
Bruce88
So what is your TP ?
2018-06-09 22:33