One more insider information, uncle cold eyes has bought into this counter, a lot I would say, just get the info last week

Forwarded PE of 6, if u look at top 10 shareholders, apart from Penang statement government and Penang Development Corporation, mostly are fund include CIMB, Manulife, DBS, AIA and some US fund, if they buying into it, I can't imagine

I like Icon8888 articles, short and sweet

Ya, agreed, tomorrow if drop can collect

From the latest Q report

Revenue from sales of water is expected to further increase in line with the increase in tariff,
population and business levels. Nevertheless the Board continues to adopt measures to contain
costs.

Don't chase high, buy on weakness, but at this price, I think it is still cheap

If Hevea latest q result is so good, and now some of the customers of Hevea place order with Meico, I don't see why the coming q result for Mieco will not be good, Hevea has surged more than 500% from less than RM1, I don't see RM2 for Meico is not unreasonable

Some of the customers from Hevea is now switching to Mieco as the production line is at full capacity d

Sorry Mr. OTB, I will not do it again

RM2.88

Mr OTB keeps recommending this counter

Icon8888, can explain what happens here on this counter ?

Focus Lumber Bhd (+ve)

Focus Lumber (Fundamental: 1.95/3, Valuation: 2.4/3) was first featured as InsiderAsia’s Stock of the Day on December 11, 2014 at RM1.04. The stock has since risen 67.0% to close at a one-year high of RM1.74 yesterday.

The Sabah-based manufacturer of plywood, veneer and laminated veneer lumber is a beneficiary of the weaker ringgit. Year-to-date, the ringgit has depreciated by 19.3% against the US dollar. The company derived over 97% of its sales from export markets — 66.4% of which went to the US.

For 1H2015, net profit expanded by an outsized 48.7% to RM11.4 million on the back of a 6.8% increase in revenue to RM80.2 million. The increase was mainly attributed to increased sales volume as well as higher average selling price and profit margin from the stronger US dollar.

Focus Lumber has been steadily growing for the past four years. Its key differentiating strength is its focus on obtaining US environmental and quality accreditation and certification for its products, in order to penetrate the US market better. It was accredited as a CARB Certified Manufacturer in 2008 and a certified Lacey Compliant Wood Products Manufacturer in 2013.

The company is backed by a debt-free balance sheet, with net cash totalling RM84.9 million at end-June, up from RM36.4 million in 2011. This translates to net cash per share of 82 sen, or almost 50% of its market capitalisation.

Dividends have also been on an uptrend, rising from 6 sen per share in 2011-2012 to 8 sen per share in 2013-2014, which translates to an attractive yield of 4.8%. For 2015, Focus Lumber has paid an interim dividend of 5 sen per share in August.

The stock trades at a trailing 12-month P/E of 8.62 times and 1.20 times book.

RM16 million through issuance of 16 million shares at an issue price of RM1.00, how u all see it? Maybe this company shall be worth around RM1?

all wait until bo lat d, comment also bo lat d, lol

Ya noted, tkp1

Huh, tkp1, who are u referring to ?

Tkp1, frontken tak boleh pakai d ?

Icon8888, thanks for the pick as well, appreciate it

Tkp1, nice to see you here again, I sold half of frontken and join you guys here

I still believe in this counter, just don't put all eggs in one basket, previously almost hentam all inside this counter

Sold half and buy gadang today, buy and sell at own risk

Fully agreed with sky2, the definition of mid term - around 6 months, so many good counters that I missed, either I have no patience or sold off too early, lesson learned and I won't repeat the same mistakes, no need to look at daily 1 cent fluctuation, but of course if it drops to 20 cents, something is wrong d, even OTB said hold for 3 to 6 months for all his recommendations and u will win big

OTB always say his strategy is not suitable for day trader, because any counters, it will take around 6 months to move from average low to average high, no one can buy at lowest and sell at highest

if 6 months also below 30 cents, then just move on

No need to look at day to day fluctuation, if u want to win big, just her 6 months to perform with at least 100% return in mind, if

Selamat Hari Raya and happy holiday guys, according to Mr. OTB, 26.5 cents is the breakout point for frontken, with all the market are bullish now, hopefully frontken can move up above 30 cents next week

I know the importance of being patience, but this counter will slow, number of outstanding shares is too much d

still learning, haha

Ya, I aim big

I took leave to attend their AGM, I have and I have a lot, I even entered 400k units at 0.28 cents

Hi, where is tkp 1 and bintang21? They have sold their holding ah ?

so well and strong cushion to support, once the overall market sentiment is good, will fly, those still have bullets, suggest to buy

I guess one simple explanation for today share price movement is majority of the retailers only look at the technical chart, they don't care and they don't know what's the company is doing, what's the news etc, only when the price breakout, then you will see it will move very fast

YiStock, can you share what have u confirmed via my post on AGM, another thing, where is tkp1 and bintang21? I miss them

When Ifca was 10 to 20 cents, who know it will shoot up to RM1.80, whe n Inari was 30 to 40 cents, no one will predict it will reach RM3.50, with this company is under the good hand of Dr Jorg, if I set the target price of RM1 in year end, I shall deem it as very prudent already

Hi YiStock, U are welcomed, I benefited from your write up too

US Market
In 2001 Cleanpart acquired 51% of San Jose, California based LSA-Anodic Technologies and operated until 2008 under the name LSA-Cleanpart LLC as the first step to build a US presence. In 2008 Cleanpart took 100% control of LSA-Cleanpart, which currently operates as Cleanpart-West. Through a mix of greenfield projects and acquisitions in Cleanpart expanded it's US presence with additional facilities in California, Texas, Massachusetts and North Carolina. Currently, Cleanpart operates 6 facilities in 5 US States.
French Market
In 2003 Cleanpart started to establish a presence in the French market with a greenfield facility in Rousset and an acquisition in 2005. Cleanpart currently operates 4 facilities in France (Rousset, Seyssinet near Grenoble) and Toulouse.

In 1998 the S/C division was spun off under the name Cleanpart GmbH with headquarter in Asperg near Stuttgart in the southern German Neckar Region, Europe’s most productive industrial region and backbone to the German economy.
In 2001 Cleanpart opened Europe’s largest and most advanced semiconductor service facility focused on cleaning and refurbishing of recyclable part. The facility was built to spec to the needs of the S/C industry.
German Market
Cleanpart operated as an in-house service unit of the industrial chemical engineering and industrial plating company Gärtner & Klinger since 1971. Cleanpart created it’s first independent flagship facility in Germany in 2000. Currently Cleanpart operates facilities in Asperg, Ludwigsburg (R&D, specialty coats), Dresden, Thalheim/Bitterfeld (Solar industry) and Essen (Healthcare services).

Cleanpart is a 100 % subsidiary of the Hohnloser Group, a German holding company going back to 1890.
The work of Cleanpart started in 1972 as IBM’s exclusive parts cleaning, recycling and precious-metal recovery facility.
Between 1972 and 1998 Cleanpart was a semiconductor service division of Gärtner und Klinger GmbH, one of Europe’s leading chemical engineering companies in the area of surface technologies and corrosion protection for critical parts in the automotive industry. The company was sold to the Collini Group in 2010.

GO to cleanpart website and read the history, amazing, they have done several acquisitions in US and French previously, they started with the IBM as their customer

I think the future of the company is no doubt bright, I will hold for long term, first target is 50 cents

I collected yesterday at 28 cents, I should have collected today at 25.5 cents, but never mind, I aim big

WTF, S&P already signed in March 20, anyway, good news for Frontken moving forward, those collected today, taniah diucapkan

Come on la, If I spent 3 years to turnaround the company with the recent 2 acquisitions, if I have argument with other shareholders, I will make sure I have the full control of the company with the MBO, why should I out, money is not my enemy

haha, that's all I can think of from today AGM

In short, from today AGM, nothing good news or bad news, just wait on the announcement on who is the new major shareholder

In term of projection, even for this year alone, he is unable to predict it as their business model is without order book, they are servicing company which depends very much on the customer demands

In term of share back buy, the Management has done it previously at around 12 to 15 cents, when the NTA of the company is 25 cents, Mr. Ng said this is significantly undervalued the company, but he didn't mention at 27 cents the price is fair not