Congrats. For buying into a good fundamental company. Dow future is up. My sifu very confident this is temporary correction only. Consider crash only if down > 10%
Didn't mention anything about crash. If you watch Bloomberg tv regularly. They mentioned it again and again. Need to drop at least 10% from the peak. Then only can be called a correction. Not as you mentioned previously
As i said many times. Not saying otb is not good at stock picking. But he picked many stocks. When 1 of his picks went up a lot. He would appear on that particular page and claimed the credits . When his other picks went down. He just stayed quiet and acted as if he never recommended them. This is how the illusion of he rarely lost is created. Im just pointing out the truth. His blind followers would always attack me. Im not saying he's bad. But you guys need to see the clear picture.
hahaha!! otb dah korek lubang dan sembunyi lah!! lu orang lagi sini jerit beli beli ka?? lu orang ingat beli konek ka skrg ni?? kelawak betul sial.. kikikikikikk
I wish you will stop talking bad about my sifu OTB. He sends weekly email about his holdings so we know exactly how much Fajar he is holding. He not posting here does not mean that he is act like he not recommend this stock.
Sifu otb have managed to win every year since 2009. I have full confidence in his analysis on Fajar. I have seen the target price. It is very impressive!
KUALA LUMPUR (Feb 22): Fajarbaru Builder Group Bhd’s second quarter net profit more than tripled to RM6.89 million from RM2.18 million a year ago supported by higher contribution from its timber segment.
Earnings per share for the second quarter ended Dec 31, 2017 (2QFY18) rose to 1.87 sen from 0.6 sen in 2QFY17, the group said in a bourse filing.
“The increase in revenue and profit before tax [from the timber segment] were mainly due to increase in demand and price during the current quarter,” said Fajarbaru.
Revenue in 2QFY18 nearly doubled to RM120.94 million from RM61.49 million previously. “The increase in revenue was mainly due to higher activities in the construction, property development, and logging and timber trading segments,” it said.
For its six-month period (6MFY18), Fajarbaru’s net profit rose 82.19% to RM11.97 million from RM6.57 million in 6MFY17, as gains under the investment segment and the logging and timber trading segments mitigated higher adjustments and losses in the construction segment due to higher costs.
Moving forward, Fajarbaru said it believes that it is in a “good position” to be awarded rail-related construction jobs, after having completed various rail-related projects previously.
“In addition, our group has invested into the latest trackwork machineries which are capable of constructing and maintaining railway tracks and such services are only provided by a limited number of companies,” it said.
The group also highlighted its RM440 million order book — excluding internal projects — under its construction segments.
However, it conceded the challenging property market is expected to persist, but will continue to promote two of its projects in Kuala Lumpur and Melbourne, Australia, with another development in Puchong, Selangor, in the pipeline.
“The group will continue to focus on developing residential properties for the middle and upper-middle income market in urban and locations with good connectivity,” it added.
The group is also upbeat about the timber industry, amid improving economies in Asia to spur demand. “With the stable average prices of timber products, the logging and timber trading segment will continue to generate significant revenue to the group,” it said.
Shares of Fajarbaru closed unchanged at 79 sen, giving it a market capitalisation of RM295.13 million.
Posted by GG_Liang > Feb 9, 2018 09:43 AM | Report Abuse
As i said many times. Not saying otb is not good at stock picking. But he picked many stocks. When 1 of his picks went up a lot. He would appear on that particular page and claimed the credits . When his other picks went down. He just stayed quiet and acted as if he never recommended them. This is how the illusion of he rarely lost is created. Im just pointing out the truth. His blind followers would always attack me. Im not saying he's bad. But you guys need to see the clear picture.
You are talking nonsense here. Please show us your records before you bad mouth OTB. You do not have any record to show that you are better than OTB. You are only good to bad mouth OTB. You are also very good to talk bad about Hengyuan. OTB is not only good to select 1 stock, many, many good stocks to help readers here to make a lot of money ... I repeat ... a lot of money.
VS, Gkent, Hengyuan, Latitud, Hevea, Liihen, Kesm, Gamuda-WE and many ... many profitable stocks.
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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....
buyfreedom
50 posts
Posted by buyfreedom > 2018-01-27 08:49 | Report Abuse
Monthly production figures: (Timber)
Log timber quarterly production for July, Aug, Sep 2017 is 104258 cubit meters.
October 2017- 49795 cubic metres.
November 2017 - 35435 cubic metres.
December 2017 - 28512 cubic metres.
Total : 113742 cubic metres