this share is good for dividend yield. but the volume is low until last week there is a increase in volume. also FLBHD is a cash rich company but seem like the management doesnt have any expansion plan for the company.
hissyu, i enter this counter @ 1.55 few months back then it hovers ard 1.2x - 1.4x and now glad to see finally up to 1.70 today. hope keep up the trend and also now RM is getting weaker over USD mayb can touch RM2
yes, this company seems not interesting in expanding their business in this moment, the latest activity was just proposing buying 10% shares back, after that, will the dividend increased by 10% or anything changing ? For long term we'll just stay tuned ......
But for now, of course everyone here was looking at the price XD included me, looking also syok although not planning to sell it haha
@hissyu2 you may have a check with google @slts i might be agree with weak plywood price, but for weak demand do you think it's possible ? due to the company having a very stable sales, and plywood have many usage this might be showing that demand was not weak but also not high right ?
you may leave comments, i'm hoping to get more analysis views :) as long as keeping for dividend purpose, it should probably no problem unless the company facing losses
Closing @ 1.68 today is good enough and confirmed trading in uptrend mode ... Today is T3 for 1st breakout ( Thursday opening @1.59 to closing @ 1.70 with 20k lots traded )
If today close below 1.60 means this FLBHD closed case lorrr.....but it was 1.68 kikikiki kui
Family Lin disposing only 0.1 percent of their shares. Might be something behind this move..Think about this. This happened before, depressed share price by disposed small amount of their total shareholding. (Just 10 lots per transaction!) FLB is basically controlled by 3 big families, Lin, Yang and Lu. Family Lu is out of picture soon, and we expect more insider transaction between them. Hence, I can foresee that share price will be continued depress until common agreement reached between them. Prepare for next big rally or take over offer. Let's see!
This happen before in April ,thry disposed their share at 1.60..after that share price drop to 1.30. Dunno why this few month they keep acquire and disposed share
elvisaw, it was 1.69... no wonder up, resistance always there la... but just very very small amount... big shareholder also play like that =.='' owe gambling debt meh
No specific target price given for FLB, but should be more than RM1.69 based on improving USA consumer sentiment and convincing USA house builders data. With FLB's current financial muscle, we don't see any reason to keep FLB listing. I strongly believe that it will delist from Bursa if USA economic keep improving, that's why i said that more insider transaction or corporate exercise expected.
I track back to the history, found that, the shareholder used to dispose their share before dividend announce... to make the Dividend yield looks percentage higher?
only a special dividend flew into my mind (december) .... first time dividend in august
Have another guess, did they burned their hands in china stock market and busying trading their own stock in malaysia market and taking dividend earlier even having lower amount ? How come a stable stock without goreng for a long time and with a stable price suddenly flew this high ?
no... if you went back to check, they used to dispose stock before dividend... LOL... China market is super hyper volatile... cincai cincai could make ppl jump floor...
With 72mil cash in hand, the management easily reward with the interim div + bonus share. Feel very happy due to 1st time they give interim div. Forsee any bonus share or share split is possible to increase share trade volume. Just own satisfaction opinion. Tq
With 72mil cash in hand, the management easily reward with the interim div + bonus share. Feel very happy due to 1st time they give interim div. Forsee any bonus share or share split is possible to increase share trade volume. Just own satisfaction opinion. Tq
Aiyoooo Harold Huong... Previous year paid 8 cents this year 5 cents ...that all knowledge u got in trading ??
Do you know what's different between Interim Dividend and Final Dividend ?
Let me help you to understand what is Interim Dividend and what is Final Dividend
It is general practice for companies to distribute two dividends per year. The first is called an interim dividend and is usually announced when the company reports its profit for the first six months. The second dividend is called a final dividend and is usually announced when the company reports its profit for the full year.
And now i hope u understand how FLBHD performed for first six months
Since listed in April 2011, FLBHD declared dividend towards the end of the financial year ie 6 sen in Dec 2011, 6 sen in Jan 2013, 8 sen in Dec 2013 and 8 sen in Dec 14. In other words, FLBHD declared dividend once a year for the last four financial years ended 31 Dec 2011 to 2014. This is the first time the Company declared interim dividend of 5 sen in July for the financial year ending 31 Dec 2015.
5 cents dividend will be distributed in Aug, if another final interim of 8 cents are distributed in Dec like how they usually did for the past years (which is highly possible given the high stockpile of cash and resume of business after US port recovered + exchange rate hike of USD vs. RM), then the total dividend for the year will be 13 cents, or 7.83%.
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....
Superb99
6,603 posts
Posted by Superb99 > 2015-07-27 11:58 | Report Abuse
looks like unable to sustain long above 1.7...