balvin71

balvin71 | Joined since 2013-04-25

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Stock

2022-05-13 08:16 | Report Abuse

Alamak, you have a very good point, I went in too early. However, based on FLBHD profitability comparing with lumber prices, lumber prices need to drop by more than half from current level to effect FLBHD profitability/dividends. Last few days, I believe is more general panic selling in reaction to interest rate hike.

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2022-05-12 22:39 | Report Abuse

Yes, USD up, lumber price strong. I will keep collecting.

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2022-05-12 15:14 | Report Abuse

Picked up a bit at 1.39.

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2022-05-10 17:01 | Report Abuse

Tried to pick up 1.39 this afternoon, not successful. See tomorrow.

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2022-05-07 08:32 | Report Abuse

Yesterday pick up a little bit more at 1.49.

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2022-05-06 08:50 | Report Abuse

Saw the US Market this morning. Was like, Aaaarrrrggghhhhh!!!

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2022-05-05 22:23 | Report Abuse

Manage to add a bit more at 0.345

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2022-05-05 22:21 | Report Abuse

Today I pick up a bit more, at 1.61. Hope is right move.

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2022-05-02 17:11 | Report Abuse

Hi Bro, been holding FLBHD and earning dividends. Excited to see FLBHD waking up. Yeah, 2.25 would be good. Am fortunate to have added more when was below RM1.00. Given recent plywood prices, FLBHD being in the upstream commodity business, as a hedge against inflation, and strength of the USD; I am very optimistic about the near term prospects. Have to watch the effect of the FED increasing interest rates as this could effect RV sales. But on the other hand, it could increase demand for tiny homes where FLBHD has exposure too.

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2022-05-01 15:22 | Report Abuse

Completely agree. This will be a very good year for FLBHD. Hope stock price can set a new all time high of 3.xx in 2022.

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2022-05-01 15:10 | Report Abuse

I have sold my stock holding recently and will continue to monitor and find a suitable time to go back in.

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2022-05-01 15:07 | Report Abuse

In my opinion, EPS of 16 cents is difficult to achieve. POS Malaysia still making loss, not yet turn-around despite increase in mail rates and Proton sales effected by production parts issue. First in January and February caused by the floods in Shah Alam; and recently with the Shanghai lock down for about 1 month. This will effect production in April and May 2022. I believe it will be very difficult for Proton to hit this year target of 150,000 uts. Also increase in minimum wage on 1st May and increase in global raw material prices will put a squeeze on margins. I would dare to say that is why the stock price has been on a down trend recently.

This is my opinion, please do own research.

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2022-04-23 11:33 | Report Abuse

We get together and switch on. :)

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2022-04-23 11:32 | Report Abuse

USD up. FL will up too. Hold tight, add and ride the wave.

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2022-04-05 16:29 | Report Abuse

Very strong last few days....hope can go to 1.77 and beyond.

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2022-04-05 16:27 | Report Abuse

Market Cap omly 90+ million. Seems low and under valued. Buy keep and watch later. Will surely go back up.

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2022-03-29 22:28 | Report Abuse

Tomorrow already 30th, hoping for good results and dividend.

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2022-03-22 22:31 | Report Abuse

Breaking 1.05 resistance......up, up and away

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2022-03-22 22:24 | Report Abuse

Price down because of supply chain disruption caused by Covid (chips and others) & Russia Special Operations in Ukraine effecting felt division. Cars and air-cond has many parts, if 1 part no stock, entire air-cond and car cannot be made. This will cause a dip in demand for felts as total required parts for production will be less. Heard demand from automotive segment severely effected. We will have to wait for next QR.

Good time to accumulate. Once issues have been resolved, and they will be resolved sooner or later, price will go up.

These are my thoughts......anyone have other opinion?

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2022-03-04 21:12 | Report Abuse

March got another dividend. This stock giving good dividend yield. More than EPF, FD and money in bank.

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2022-03-04 21:06 | Report Abuse

But price not reflect their optimism. I keep averaging down, hoping for a turn around.

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2022-03-04 20:59 | Report Abuse

What happened......another 52 week low......OceanCRASH

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2022-03-03 17:14 | Report Abuse

https://www.theedgemarkets.com/article/proton-sales-jumped-107-mom-february-9225-units

No wonder keep dropping. Proton market share first 2 months 15.9%. Last year was 20+%. With increase in raw material prices, cost will go up but difficult to raise prices as many booking for months and not got car yet. Pos Malaysia also keep loosing market share. Wonder how low can it go? I averaged down my price today, pick at 1.42.

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2022-03-01 09:05 | Report Abuse

If I am not mistaken, the Thailand plant will start operations this year, 2022. Maybe that is why Quarterly report said, "Barring unforeseen circumstances and assuming global pandemic of Covid-19 does not worsen, the Directors anticipate the Group?s performance for the financial year 2022 to perform better."

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2021-07-16 08:41 | Report Abuse

https://weareproton.blogspot.com/2021/07/proton-to-fully-vaccinate-all-staff-by.html

Looks like Proton will only resume full operations in August. Quarter 3 results will be like Quarter 2. 2 back to back bad quarters.

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2021-07-08 08:16 | Report Abuse

AA Gojek in Thailand, Tunepro can get some benefit for insurance sales.

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2021-06-14 10:30 | Report Abuse

Is FLBHD operating under this MCO?

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2021-06-04 12:41 | Report Abuse

Dividend was approved at AGM. No announcement yet as to when. If we look at previous years, normally announced in June/July and payment will be made in July/August.

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2021-06-04 10:27 | Report Abuse

OMG!!! AAX resuming flights to Sydney!!!! Later more bad debt write off at TunePro. Minority shareholders mati la ini macam.

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2021-06-04 10:17 | Report Abuse

With cases up, death up.....lock down might get extended. Government gave subsidies. If just 2 weeks lock down, the will not give subsidy. I expect MCO might get extended.

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2021-06-04 10:02 | Report Abuse

MCO 3.0, factories closed. Effect June sales. With Covid cases & death so high, MCO might get extended. Quarter 2 2021 results will be bad. Sell first, keep cash. Hope later can pick up at lower price.

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2021-06-03 15:20 | Report Abuse

Next Quarter will also be bad. MCO 3.0 effected sales in May and will significantly effect sales in June. There will be part supply disruption and will take time for things to recover. Probably mid-July the earliest.

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2021-01-21 08:22 | Report Abuse

Pump and dump. Same message has been on different boards under different names.

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2020-06-04 05:53 | Report Abuse

Useless bunch of directors. Issue ESOS cheaply to themselves than throw like mad. At future AGM, we must be active and vote against ESOS or other benefits that directors can misuse for their financial gains.

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2020-04-29 10:02 | Report Abuse

Why WH keep pressing price down by selling? If price go up, he should be happy. What is he up to? Take over company for super cheap?

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2020-04-28 09:02 | Report Abuse

Yeah, I also don't understand. Share going up why WH sell?????

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2020-04-27 15:52 | Report Abuse

Will back to 0.20 level.

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2020-04-24 09:43 | Report Abuse

If WH buy at 0.105, sure he push up. If go 0.20, he very rich lo.

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2020-04-24 08:32 | Report Abuse

MCO extended. Factories closed another 2 weeks. Possibly till Raya, which is the peak selling month for cars. Proton, Honda, Isuzu, DefTech, Pekan & other parts manufacturing, Education division, Property all shut. Only Pos Malaysia, Bank Muamalat & Puspakom will be in operation. Expected a loss making year.

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2020-04-19 00:37 | Report Abuse

Ethonol business will be up, not sure will fully cover the fall in the resins business. The revenue in the resins segment will be impacved by the MCO. Have to wait for next quarterly report. Agreed with the comments above, would be good to venture into hand sanitiser business.

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2020-04-17 09:43 | Report Abuse

If all options is excercised, more dilution to EPS & will push up the PE ratio. Hope the business can generate more profit to maintain EPS. We as minority shareholders will pay for the ESOS in terms of dilution of our shares and impact to bottom line. The directors took advantage of a crisis by issuing ESOS at a low price. Not wrong, but questionable.

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2020-04-14 09:58 | Report Abuse

Hopefully can go back to around 0.20 level.

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2020-04-14 09:54 | Report Abuse

Lined up at 0.115 to add.

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2020-04-07 14:22 | Report Abuse

Did he sell his shares or was it forced sale? I think might be forced sale as most of his stocks are pledged. Given the drop n the share price, cannot cover.

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2020-04-06 09:43 | Report Abuse

I have been trying to come out with a target price for OCN, see what is a good price to go back in. The Affin Hwang target price seems to be very much on the lower side.

Non-Woven seems to be in play now. Say their non-woven demand increases. But production will be limited as number of employees allowed to work is subject to 50% under MCO. With overtime, they can have higher capacity. And non-woven margins would have improved. Do they have sufficient raw-materials? Any supply disruption? Unfortunately, manufacturing activity for felt has more or less halted. Zero revenue with overheads.

These are my thoughts, anyone can share their in-sights.

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2020-04-03 11:18 | Report Abuse

Princenato, thank you for sharing the analysis.

AffinHwang target price of RM0.14 seems very low. I don't believe they took into account the non-woven part of the business. Even if we double that to RM0.28, seems on the low side, but acceptable as a worst possible case situation.

If it ever goes to RM0.14, I will refinance my house and invest all in OCN. Hahaha. Time will tell.

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2020-04-01 09:32 | Report Abuse

Let us not forget their insulation business. Demand will be reduced, factory probably shut-down during MCO. Will the non-woven business be able to cover the insulation business?