Posted by Up_down > 2016-11-21 18:03 | Report Abuse

They treat it as Goods In Transit...that's why the inventory up by RM 14 million comparing with last QTR.

Posted by Up_down > 2016-11-21 18:04 | Report Abuse

1.2...is really yummy.

Posted by zexon > 2016-11-21 18:04 | Report Abuse

Yun Khai, no profit hiding. Goods during transit can only categorize under inventory (late arrival of vessel). Should able to translate to next quarter revenue.

Posted by stockraider > 2016-11-21 18:06 | Report Abuse

Earlier raider already advice u all to change expectation loh.....!!
Last year result....FLB result very good, share price shoot up above Rm 3.20.....!!
This year result not good....but price has corrected to Rm 1.70 level so it has adjusted loh.....!!

At the moment 9 mths eps rm 0.10....so the PE yr end still reasonable around 12x loh....if share price is still at Rm 1.70 mah...!!

Posted by paperplane2016 > 2016-11-21 18:06 | Report Abuse

Don't underestimate kyy. His rule is company growth q to q. So he will sell like no tomorrow, tomorrow. Haha.
He got like 5% right, he will sell it all way to 1.20?

Posted by Yun Kai > 2016-11-21 18:08 | Report Abuse

Hmm. Okay. Let's wait for 1.20 to collect :D

Posted by stockraider > 2016-11-21 18:08 | Report Abuse

Yeah raider hope kyy will sell loh.....!!
But don know whether he has dispose all mah....!!

Posted by yawcfd > 2016-11-21 18:08 | Report Abuse

With such result tomorrow drop 20%....

Posted by zexon > 2016-11-21 18:08 | Report Abuse

stockraider, is your own call to keep or dispose. Is not right to con ppls here. Especially to some newbies.=)

Posted by zexon > 2016-11-21 18:10 | Report Abuse

See the company from business perspectives. Report is just a guideline.

Posted by stockraider > 2016-11-21 18:10 | Report Abuse

If u r short term u dispose at anything above Rm 1.60 loh....!!

If u r long term u buy at Rm 1.60 and below mah...!!

Posted by Yun Kai > 2016-11-21 18:11 | Report Abuse

@zexon - If we were to add back the sales in transit. The EPS will should be around EPS 6-7 ?

Posted by Up_down > 2016-11-21 18:13 | Report Abuse

Raider...you made so much money from counters ie KESM, Superln...sometimes, you have to donate a bit la. small matter.

Posted by zexon > 2016-11-21 18:13 | Report Abuse

No such way to define long or short term. Its like betting big or small and looks like you had putting your chips on BIG table this time. Go back to company fundamental.

Posted by stockraider > 2016-11-21 18:14 | Report Abuse

Hiyah...don dream....result no good....don be your own accountant...add back sales....no good loh....!!

Stick to the point this QTR 3 eps is rm 0.0273 loh...!!

Posted by stockraider > 2016-11-21 18:17 | Report Abuse

Raider tell u is long term loh....!!
Raider will accumulate loh.....!!

But people who cannot tolerate pain...that share price temporary loss due to below expected earnings..should quickly sell....to avoid more pain....when share price fall further mah.....!!

Posted by newb1995 > 2016-11-21 18:19 | Report Abuse

So many funny reasons given by FLBHD management, then coming Q vessel engine got problem, need time to repair, so revenue drop again.
21/11/2016 17:48

Posted by Kukubird888 > 2016-11-21 18:20 |

Post removed.Why?

Posted by StockLearner > 2016-11-21 18:21 | Report Abuse

Shit... last friday just bought 30 lots at RM1.71. Thought that good QR coming... now RM1.45 coming...

Posted by hng33 > 2016-11-21 18:23 | Report Abuse

With unexpected poor result out due to late vessel depart to US, short term, fl unlikely perform well, it need to wait 3 more month for better Q4.

Will sell first, buyback later

Posted by popo92 > 2016-11-21 18:24 | Report Abuse

this is not the first time flbhd decrease in revenue due to delay of vessel to USA. The same thing happened on Q1 2015 quarter report.

Posted by stockraider > 2016-11-21 18:25 | Report Abuse

Stock learner u better sell b4 too late loh...!!

Posted by popo92 > 2016-11-21 18:26 | Report Abuse

Q4 results will be good since receivables of delay sales 11.8million will gain on forex too. This happened on Q2 2015 too.

Posted by stockraider > 2016-11-21 18:27 | Report Abuse

1st loss is normally the least loss mah....!!
Thats why raider advise short termer lari kuat kuat loh...!!

Posted by newb1995 > 2016-11-21 18:28 | Report Abuse

Cash level drop 55% from RM57.8M to RM26.7M.

Posted by stockraider > 2016-11-21 18:31 | Report Abuse

Cash level has not drop....pls read together with other investment...its cash equivalent up by more than rm 6 million this 3rd qtr loh.....!!

Posted by newb1995 > 2016-11-21 18:35 | Report Abuse

Cash go where already? Kena makan?

Posted by Yun Kai > 2016-11-21 18:37 | Report Abuse

other investmemt - likely to be securities;unit trust or bond

Posted by chl1989 > 2016-11-21 18:40 | Report Abuse

popo92 is smart :)

Posted by chl1989 > 2016-11-21 18:41 | Report Abuse

when are they going to give div?

Posted by stockraider > 2016-11-21 18:45 | Report Abuse

Q4 they will announce div loh.....!!
Raider think can get Rm 0.08 per unit mah...!!

Posted by hornbill > 2016-11-21 18:47 | Report Abuse

Tomorrow sure heading South

Posted by hng33 > 2016-11-21 18:48 | Report Abuse

Yup, late vessel depart to US indeed happen in FL before in its previous q1 result 2015, these delay have subsequent recognize in Q2 2015, these together with higher USD exchange rate have give rise boosting it q2 to double in 2015.

Posted by valuelurker > 2016-11-21 18:51 | Report Abuse

I said it before, RM1.20 fair value

Posted by StockLearner > 2016-11-21 19:14 | Report Abuse

Yes, last year after poor result on Q1 2015 due to shipment delay, price drops 12 cents in the coming 2 days from RM1.31 to RM1.19 or nearly 9%. If current price drops 12 cents, price stops at RM1.57. If price drops 9%, price stops at RM1.54. Both price shows RM1.60 can't sustain well.

Posted by StockLearner > 2016-11-21 19:18 | Report Abuse

Hopefully RM1.60 can sustain.

Posted by voon1900 > 2016-11-21 19:27 | Report Abuse

tmr open 1.61 then go to 1.49

Posted by voon1900 > 2016-11-21 19:28 | Report Abuse

a week later go to 1.20 like huayang

Posted by voon1900 > 2016-11-21 19:29 | Report Abuse

then 1.00 like puncak...then storm cuming ,below80sen

Posted by voon1900 > 2016-11-21 19:29 | Report Abuse

gud luck to those superb confident stock pro...

Posted by Ezra_Investor > 2016-11-21 19:32 | Report Abuse

Well done Yun Kai. :)
I thought nobody would have spotted the sudden change in inventories from 25m to 40m. Few millions profit waiting to be realized.

Posted by Ezra_Investor > 2016-11-21 19:33 | Report Abuse

Agree with chl1989, popo is smart. :)

popo92 Q4 results will be good since receivables of delay sales 11.8million will gain on forex too. This happened on Q2 2015 too.

Posted by gift > 2016-11-21 19:33 | Report Abuse

below 1.00 is possible

Posted by chl1989 > 2016-11-21 19:37 | Report Abuse

plz sell. panic sell. sell it down to rm1. fbhd is going into pn17 :)

Posted by stockraider > 2016-11-21 19:39 | Report Abuse

Raider is confident it should sustain at Rm 1.60 level loh !!

Why ??
Focus lumber have more than rm 0.84 cash per share loh.... about half its assets is cash mah....!!

Kyy and former FLB MD had already sold down substantial position loh...!!

Current Good positive cashflow even current poor earnings.....!!

Also lower profit due to dalay shipment....easily rectify next qtr mah....!!

Furthermore weak rm loh.....!!

must accumulate if price drop loh.....!!

Posted by Up_down > 2016-11-21 19:46 | Report Abuse

Not possible to sustain at 1.6 in the next few days. Not much hope for the next QR to break the record of EPS unless RM against USD drop to 5.0 on 31 Dec 16. People would sell like no tomorrow.

Posted by Ezra_Investor > 2016-11-21 19:48 | Report Abuse

If I may add, Net purchase of other investments (42,845 mil) under Capex, any idea what could this be?

Posted by Up_down > 2016-11-21 19:53 | Report Abuse

Posted by Ezra_Investor > Nov 21, 2016 07:48 PM | Report Abuse

If I may add, Net purchase of other investments (42,845 mil) under Capex, any idea what could this be?

- Not Capex la. Flbhd got too much cash so they invest in Money market fund (unquoted in Malaysia ) for short term to earn more interest.

Posted by stockraider > 2016-11-21 19:55 | Report Abuse

Ezra....this Rm 42 million is not capex....it is placement of funds...under money market and trust....classify as other investment mah....!!

This other investment is like cash loh...!!

Posted by yfchong > 2016-11-21 19:57 | Report Abuse

Need to have good auditors to check