yes

may be due to logistic tax gazetted

Despite a good set of result today correction. Could it be buy prior to Q result announcement and sell on news

may be in anticipation of a good set of quarterly result next week

something is brewing ?? or in anticipation of a good quarterly result next week

https://www.thestar.com.my/business/insight/2024/01/24/why-we-should-worry-about-the-red-sea-crisis

Wonder how Red Sea crisis will affect the business of FM?

Thank you @valueinvestor7!

Happy new year to all investors! Wonder any news on FM that triggered the spike of its share price today. Thanks

Wonder any reason for today's spike in share price

FM slowly edging on the run-up to the ex-dividend date of 27 Sept with a yield of 6.5%. Worth considering

2 cents dividend and results in-line with forecast. well-managed company by husband and wife team.

any reason for ytd surged ?

At bear market, investors don't look at fundamentals. They just dump and seek shelter

Contracting business is risky as even the contractor is issued with a certificate of paymet, their payment is unsecured and ranking pair passu is quite behind relative to other secure creditors in the event of their client is in receivership / liquidation

Two days rebound and now selling pressure again!. I think with US in recession, demand for furniture ( optional item and can be defferred) will be affected. Evergreen sales will be affected accordingly. HLI have target of RM0.61. May be the actual value could be much lower. It is anybody guess

Sense Maker, thanks for your in-depth and thoughtful analysis. Yes, overall market sentiment is quite bad and fear outweighs greed in the current hostile climate. No one dares to buy in a big way as a recession for sure will set in/ already set in some countries like the UK. Demand for Evergreen's products will definitely be affected. Therefore fair value will no longer be RM0.8 and will be adjusted downward.

Hi any one know of the reason for sell down of evergreen? Thanks

Hi Sense Maker, I thought with lumber prices crashing down it is good news for Evergreen since their log supply cost will be lower and therefore production cost will be lower ? Could you please enlighten me a bit. Thanks

In bear market, investor will dump their stocks regardless of any price even though they are good stocks. It appears that fear outweighs greed currently.

I think investors don't like uncertainty with no payment news coming up since they stopped work. Price could drift lower the longer the issue drag on

understand that GDB and KSK Land had met up last week. It will be resolved soon.

yes agree with aireez as two key shareholders namely Cheah and Alex were from Putra Perdana and they are v competent builders with 30 to 40 years of experience. Very well run co.

value emerged...can start accumulate they will be paid soon

The new CEO is sterling the company in right direction

DCSB will surely pay GDB. GDB has a healthy balance sheet with cash around 65 mil.

started to break out...Q result this week I think

Last call before it test 0.6 and prior to the release of Q result this month

Fund is buying

last call before it goes up to 0.9. Result will be released this month

may i know which broking house / research house raised to 1.80

take heart all..it will bounce back

Fantastic Q3 result

accumulate now before it shoot higher

45

buy before it explode

https://klse.i3investor.com/blogs/nanyang_stock_expert/564805.jsp

value emerged

yes correct pulp prices starting to drop. Thanks Terence

https://ycharts.com/indicators/us_producer_price_index_pulp_paper_and_allied_products_woodpulp

Even this stock is without fundamental, i think there will be technical support soon..take heart

waiting for Pn 17

Dontbullshit, any fact to support your statement may i know ? Pls share info. if true that will be good news.

sell sell sell

Q4 result will be released end of this month

perhaps still waters runs deep

sahy65 are your referring to hoodies for sale ? If yes i think is not appropriate to include in this platform

It depends. If the manufacturer can pass on the high material cost to the consumer, then profit level could be maintained otherwise profit will drop. It all depends on market forces and whether there is any alternative to toilet paper of paper.

no big drop. price w recover. still maintain 1 cent dividend similar to last year same quarter

Assuming Q4 eps is 1.0 cents which is very conservative, total eps for FY 2021 = 1.0 + 5.62 = 6.62 cents. Fair value = 0.062 x 20 pe = 1.24 . If more conservative fair value = 0.062 x pe 15 (arbitrary ) =0.93