haha a lot of companies on bursa if investment bankers take over and restructure the business, the shares will jump at least 20% immediately...thing is they are run by stubborn old donkeys who don't understand how the capital markets work (but at least they don't cheat your money la haha) warren buffet never pays dividends because he told investors a dollar in his hand can grow 20% every year and he has a very good track record to prove it...but he recently said at the company's AGM that he is considering paying dividends because it's getting harder to find good biz to invest in lol

haha they have no borrowings and RM110m cash versus market cap of RM180m but don't understand why still so stingy pays 3.33% on

this post is intentionally misleading. excluding the forex items, profits are actually down 4%. be careful becoz this is classic example of value trap. sell TP RM1.50

dividend is only 3.33% https://www.bloomberg.com/quote/FLB:MK

1Q profit up 89% because last year was extremely bad due to forex losses. their sales are actually down 10% due to lower volume and selling prices even though USD is higher in the first quarter compared to a year ago! US auto sales are down 11% and the clamp down on illegal logging will also affect their supply! Don't get ahead of yourself guys!

very dodgy post to lure investors into buying this counter which already up so much...be careful