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4 comment(s). Last comment by calvintaneng 2018-06-10 11:37
Posted by feimah > 2018-06-10 10:56 | Report Abuse
Calvin, FLB is cash rich but very poor in ROIC. IMO, FLB is highly depend on single sector/market which is not good.
Exchange rate will continue to be improve for next few years unless new govt make a blunder decision.
So chances for FLB to earn high revenue
Posted by calvintaneng > 2018-06-10 11:37 | Report Abuse
Feimah
It's ok.
Dynaquest Dr Neoh gave FLB at 4 star rating compared to Priceworth at only 3 star.
Dr. Neoh's Stock performance Guide noted
FLB Gross Margin at 25%
ROE for year 2012 is 10.01%
ROE for year 2013 is 12.33%
ROE for year 2014 is 12.28%
Since there is ZERO Debt
these double digit profits can translate into very good dividends.
There are something very superior about theses Taiwanese with their technical "know how"..
FLB is the very few rare Plywood exporters that meet the Highly Stringent Standard for Specialty Plywood used for Vehicle Frames.
And with 300 Millions Population Strong USA demand for RV will only increase
The Need for RV will spur demand for Quality Malaysian Plywood by Focus Lumber
See
https://www.maxiplywood.com.au/falcata-plywood/
And today is the LORD's Day
Time to visit www.chick.com
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,632 posts
Posted by calvintaneng > 2018-06-09 14:05 | Report Abuse
https://www.nbcnews.com/dateline/video/rv-sales-booming-384601667993