Focus Lumber has lots of cash RM 21.716m and no borrowings at all. Each quarter with good healthy profits and fairly valued to NTA. This is a confirmed buy.
tksw sifu..... Am in same boat with you. I BUY cos Paperplane sifu BUY. He reads up...He has financial wisdom! I just follow.... Oso kiasu with my hard earned money! I checked company reports already. Counter is cash rich. Quarterly report uptrend. Dividend yield better than FD. Export counters now theme play..... Relax........Good...good...good...momemtum building up!!!
investabc, I'm not sifu but u have to be careful with some ppl wanting to be sifu and preach on losing stocks by defying facts. Those wannabe and troublemaker is such as Dolly_chai. Just be careful with half-truths preacher. Thank u!
there are always stuffs to worry about. Most of all, CSC is at year high. But rewards come from taking risk. and CSC hrc cost is still lower than when Megasteel is around. World wide, their end product prices is at year high, margins at international prices is at new high too. and they have very large customer base and uses.
chl1989 > Jan 4, 2017 03:25 PM | Report Abuse
stockmanmy, are you aware of high cost of hrc for cscsteel? coupled with high usd. i am worried. :)
rMoi, this is exactly what i meant. especially on shortage of lumber. they have orders on hand but not enough raw mat for production. just rumors. to be verified by stockraider. :)
Do not get mislead loh....!! If u refer to delay in shipment...concern FLB...then raider can say the delay in shipment is due to delay in shipping sales loh...!!
This Delay in SEPT ...is not the 1st time...it did happen few yrs back too...!! The ship...going from sabah...to USA...only 2 times...a month & it infrequent loh...!!
So if the ship u miss...it will take another...14 days wait loh...!!
JUST REFER TO 2014 SHIPMENT DELAY....U WILL SEE HOW WELL FLB PERFORM AFTER THAT LOH...!!
1.Inventory is exceptional high 2. Management guidance did not mentioned or disclosed potential liability, thus it is likely due to shipping. Yr 2014, the samething happen, but no extra cost due to the delay mah...!!
with BNM ruling, I am afraid this time FLB wont just show unrealised gain, it will be realised gain instead. and going forward, less fluctuation of unrealised exchange gain is expected as the company couldnt hold too much of USD in their accounts...so expect a lots of cash...
There will be many challenges, obstacles...before DT can put in place his protectionist policy, even if he manages to drive ahead...it will take few years before it gets implemented.
Average net earnings growth of around 8% for more than 5 year plus cash flow per share of around 0.25, still a bargain at this price. The trend is upward at present n maybe will retrace a bit on Monday. Fair value around 2.00. Gd luck!
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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....
Diamond7
2,379 posts
Posted by Diamond7 > 2017-01-03 17:25 | Report Abuse
heavy buying...