Many orders.... factory is busy.... RV shipment breaking record high:)

RV in US is Focus Lumber's main market...

2015 HL Bank report much resembling now....


http://klse.i3investor.com/blogs/hleresearch/82713.jsp

Buns, congrats! Can you please elaborate your choice of China Well? Thank you very much in anticipation...:)

http://www.rvia.org/?ESID=preleases&PRID=1785&SR

RV SHIPMENTS EXPECTED TO REACH NEW HEIGHTS IN 2017

FLB raw materials which US does NOT have.... so got to import ... no or min risks of any hostile trade policy...

The thousands of little guys out there were the heroes who withstood the dumping including the company directors who came in to lead by example! Haha! :)

I am a little guy but like to research on KLSE companies.....haha! :)

Starperformer, thank you for your advice. I do notice some abnormalities as some ones seems didn't want to sell high but to sell low to suppress the price. No worries! I am not alone. It is against all the shareholders, the owners and the investment fraternity. At the end of the day, it is the fundamentals and values that matters..... :).

This is 20 years price chart in RM term

http://www.indexmundi.com/commodities/?commodity=plywood&months=240&currency=myr

Our revenue, earnings, share price, all in RM. NO? LOL!

In Ringgit term , plywood price had a bull run since early 2016 and retrace a bit from Oct 2016 but still much higher than the whole of 2015 when the company had a super year! LOL!

http://www.indexmundi.com/commodities/?commodity=plywood&months=60&currency=myr

tksw sifu, Yeah !! Even now on RM term, it's still good business.... 2015 the plywood price is even lower in USD term... so this year should be doing very well... the plywood price has rebounded slightly and is higher than that in year 2015....

Huh! Excellent! Just wish that you perform in the market as your pseudonym suggests! Wish you all the best!

I read a statement.
Quote: In investment, you take care of the downside, the upside will take care of itself" unquot.

Beauty in the eyes of the beholders! If those who do not own this stock why busy trying to run down the stock and bad mouth it! Huh! Nothing better to do !!

Purely for sharing only. Not an inducement to buy/sell the shares. Take your own risks if you do so.

Thanks to Ricky Yeo for the above writeup. :)

FLB still have extra earning power as there still are surplus plant capacity..

https://klse.i3investor.com/blogs/JTYeo/109560.jsp

RM23.54 in September 2006 was the record high....

Please look at the longer term charts. 5 years .....20 years...

Plywood price in RINGGIT TERM is still very good!


http://www.indexmundi.com/commodities/?commodity=plywood&currency=myr

Don't worry, didn't the management say that they are installing new machinery to manufacture plywood of different sizes and thickness to meet the demands of the market? So there would be expansion and new products, isn't it?

When price in USD term is low, demand from US especially would be high... and the company has the capacity as the plant is not running at full capacity....

In RM term, the plywood has not come off much and is near historical high..now it is rm21.17 per sheet for 3ply 91cmx182cmx4mm as of Jan 2017 compare to rm23.54 Sept 2006. In the 1st half 2015 price for the same plywood wad around rm16.50 and for the 2nd half of 2015, it shot up to rm18 in Aug and then Rm19.50+/- for the rest of the month....

Now that the company hedges it's forex and so the profits would be stable...

It's good business and good price in ringgit term. Don’t you think so? If the price shoot up in USD term, wow! Huat ! Huat! Huat Lo!

Please check as below the plywood price in ringgit term...:)

No take over also good! This is going to be another F&N, no? F&N holds 27%, and 3 directors including the CEO are in cocoland board.. :)

tksw sifu, agree, you are the Dai ko here! :)

kcchongnz must write an article dedicated to FOCUS LUMBER since it is one of his 5 picks for the i3investor contest 2017.. He has already covered all the other 4 individually...just hope that he is willing to write, despite what happened b4, why he picked this stock and why it is ranked no1 among his 5 picks.... :)

Hope that kcchongnz see this message...:)

Wow! 1.9million shares on board buying@2.30 ..total volume of the day is less than 1.1million shares....

A broker house gives TP 2.70+....Now, maybe higher! If REDSENA want to take over.... hahaha! What price leh ?

tksw sifu, 160 was not done in recent down leg....Anyway, plenty there 165.....it's VERY VERY CHEAP LOH if you still didn't get enough.... I buy everyday lor ...100 units... 100 units.... learnt from sifu you lor.... :)

Net profit margin improve all the way..... 6.22% to 8.8% to 9.31% and to 12.94%.... hahaha

1Q 2016 Q2 2016 Q3 2016. Q4 2016
Revenue 53,286. 52,737. 30,923. 64,530
PBT. 4,358. 6,075. 4,107. 10,717
Net Profit 3,312. 4,641. 2,878. 8,350
PBT % 8.18% 11.52% 13.28% 16.61%
NP % 6.22% 8.80% 9.31% 12.94%
EPS 3.21. 4.50. 2.79. 8.09


Without looking at the forex gain/loss and the tax etc, the performance QoQ is excellent. It's a matter of interpretation.... what is really relevant is the top line revenues and that new machinery would be installed to boost sales..afterall, EPS is 18.59 Sen and net cash 90sen per share....dividend is better than bank fd...


Thanks to Fabien Extraordinaire for posting the above figures earlier on......

Hehehe! I am waiting at 1.30 lor... Big Day Dream!

In Ringgit term, the price of plywood is actually OK, not bad !

http://www.indexmundi.com/commodities/?commodity=plywood&months=12&currency=myr

161, pivotal point, reverting to up, LOL!

2721, yes a little....haha...

Dividend Yield of about 4.4% is actually respectable! :)

Very good Final Q results

First Interim Single Tier 10 Sen dividend declared.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5351729

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5351817

Sellers fizzle out.....Bullish Engulfing ! :)

WeShare WeTrade 多谢指教。
的确2015年对富佳木业是很特殊的一年，美元突然上冲，外汇就赚了七百万。拿2016年的业绩比2015，不能很准确评估接下来公司的趋势走向吧。比较准确，应是比较列年营业额与毛盈利及毛利率吧。至少把汇率的盈亏与税务的多寡排除在外了。

年份。 营业额。 毛盈利。 毛利率

2012 RM132,803,000。 RM30,586,000。 23.3%
2013 RM147,208,000。 RM35,383,000。 24.03%
2014 RM150,419,000。 RM38,971,000。 25.9%
2015 RM180,733,009。 RM56,162,000。 31.07%
2016 RM201,476,000。 RM53,258,000。 26.43%

5年平均毛利率是26.146%

本季度29%毛利率，本年度26.43%的毛利率是不错的。证明公司还是在成长中，还是在轨道上。公司的前景还是美好的，更何况公司已经宣布将安装新机械，制造更多类型与不同尺寸大小的产品。业绩与盈利成长是可以被期待的。公司在最新的季度业绩报告，对2017年的业绩也表示乐观。

就此停笔。谢谢。

I wrote in to both the above email addresses to request for better dividend payments.

Quote you 2 companies which have good dividends payouts. They proposed to pay 100% of their net profits for FY2016. Classic Scenic made 11sen proposed total yearly dividend 11sen, share price 1.98; Uchitech made 13 Sen proposed yearly total dividend payment 13sen, share price 1.80.....

If Focus Lumber made 18.59 Sen per share pay 18sen yearly dividend, what would be the share price? Haha!

So, please help to write in to request....:)

Call the company or email to ask for it... maybe more shareholders request they will listen...Good for all.

Registered Office / Factory:

Mile 3½, Jalan Masak, Kampung Ulu Patikang, Locked Bag No. 13 - SM 88, 89009 Keningau, Sabah, Malaysia.
Tel: 6-087-335457/8 Fax: 6-087-335459
Email: focuskgu@hotmail.com

Branch Office:

Lot No. 12A, Jalan Teluk Likas, Likas, 88450 Kota Kinabalu, Sabah, Malaysia.
Tel: 6-088-393255, 393257/8 Fax: 6-088-393169
Email: focuskk@focuslumber.com.my

Don't run but buy on weakness
Kcchongnz's top stock pick for 2017 i3investor contest.

http://klse.i3investor.com/blogs/kcchongnz/113511.jsp

tksw sifu, don't bother so much on the daily price movement. Bought already, just keep it. Collect dividends returns also better than fd... price will appreciate as confident that the revenues and earnings will improve. The products of the co are special and are super thin. It is well accepted and have good reputation in US. What's more now that new machineries will be or have been installed to make different sizes and types of plywood, new sources of revenues will boost growth.... Can sleep very well Lah.... Hahaha

There are people out there intentionally bad mouthed FLB as if they want its share price to drop..never compare the numbers on equal ground. For example, min wages was implemented since 1st July 2016 so compare this 4Q16 with 4Q15 is not on even ground... and since Jan 2016 all wood based companies do not enjoy double taxation relief on freight charges....It's very biased to make comparison without stating any reasons behind....

Balvin71 sifu is right, after announcements of the 1Q17 results, all the pointers will be positive and FLB will show growth...haha!

Weshare WeTrade. 谢谢你的指点。公司本季度报告有解析税务从2016年起，所有木基业的运输费不再享有双重扣税。美金还是保持强势，对出口公司还是好事。富佳木业现在有做外汇护盘，业绩将更稳健，更能反映实质生意的质量。。如果评估一家公司，只是看净利，没有看更长的公司记录，更全面地比较上个年度/季度的各种营运条件，比如本年度实行的最低工资，没有双重扣税，一次性的盈利/亏损，没有看内涵以及各种导致净利上升或下降的各种原因，会让投资者过度乐观或悲观，做出不正确的决定。公司业绩大好或下滑，是否是持续性的还是暂时性的，以及将来的发展与前景，是重要的。。。谢谢

Of course, there are selection criteria. Time will prove....don't use vulgar language please, we are educated people...

Out of the 200 value stocks, one have to pick those suit oneself and understand the business.

Hahaha!I bought all those value stocks, all made money! Never get it wrong! Only value investors prevail in the market! Those listen to stories (rumours), so many already perished! Pitiful !! :)

tksw, real joker! You are FLB sifu.... Penggoreng don't simply goreng.... nanti orang rugi lapor SC, kena tangkap masuk jail 10 tahun.... just joking! Haha!

Only market manipulators have endless shares! 10 years jail and fine 1 million! I again hope that I am wrong! Hahaha! Imagination runs wild! Scare nuclear bombS from North Korea! Can't think straight! Ingat yang bukan bukan! :)

Seller/Sellers are rotating from broker to broker.... suspect same person who does not want to sell higher but to see the price down..... I again hope that I am wrong.. sorry if I make you scary... but I am not... how much shares they have? No one can beat the market! :)