Posted by tksw > 2017-02-21 23:23 | Report Abuse

lurky today penggoreng did not eat my sell Q at 169...if not loss die me

Posted by yfchong > 2017-02-21 23:24 | Report Abuse

all yeaR round 18.8 cts.....boleh lah 2015 is super abnormal mah...invesrment 60 mil still exists..if america got more $$$$ they buy more rv loh....... good to flbhd mah

Posted by yfchong > 2017-02-21 23:25 | Report Abuse

fcf / revenue slightly less than 10....still got mah

Posted by dudu > 2017-02-21 23:39 | Report Abuse

Fuiyoh, eps 8 sen....2moro fly liao...

Posted by Unicorn > 2017-02-22 00:14 | Report Abuse

Haha... Those who said this quarter revenue of 64.5m is superb sudah kena liao.. Read QR carefully.

Posted by Gn021 > 2017-02-22 00:39 | Report Abuse

Unicorn, I cant get it ???
What u mean ? anything i miss out ?

Posted by Unicorn > 2017-02-22 01:02 | Report Abuse

64.5m for one quarter is indeed strong but management stated that 64.5m includes revenue from previous quarter which had been delayed to this quarter for recognition but I don't know how much.

Let say it is 15m to be transferred back to previous quarter. That means this quarter only around 50m true revenue.

My humble view..

Posted by 10bagger10 > 2017-02-22 01:14 | Report Abuse

Even that consider very good also !

Posted by Skliew > 2017-02-22 06:25 | Report Abuse

Full year revenue RM201.476millions compared to last year full year revenue of RM180.733millons, 13% annual growth in revenue. Compare profitability on gross profit and less the forex gain/loss, gross profit for FY2015 was RM28.9millions and this FY2016, it is RM27.95millions!

With the new machinery and equipment the company can produce different types and sizes of plywood, revenue will grow again. The future is bright especially with Trumponomics where there will be very much more fiscal spending and the demand for plywood will escalate.

Cheers! :)

Posted by balvin71 > 2017-02-22 06:27 | Report Abuse

Let say EPS high because of previous quarter shipment report in this quarter. So we discount a bit and say EPS is 6 cents. They also say with new machine, can get more sales and better pricing going forward. So going forward, next 12 months EPS will be minimum 24 cents,but with Trumponomics, strong USD etc. Can repeat 8 cents per quarter or 32 cents a year. Apply your own multiplier and they you get your future share price. Worst case scenario RM1.96. Best case scenario RM3.20. My calculation say fair value going forward is RM2.56.

Posted by balvin71 > 2017-02-22 06:30 | Report Abuse

Yesterday close RM1.68.....under value. You guys please don't buy yet, ok....my loan money still not in

Posted by yfchong > 2017-02-22 06:48 | Report Abuse

movingforward brighter days ahead

Posted by Skliew > 2017-02-22 07:27 | Report Abuse

Don't forget the cash / cash equivalent which is more than 85 Sen per share now. Share Price= Cash per share+ PERx EPS. :)

Posted by balvin71 > 2017-02-22 07:37 | Report Abuse

Shhhh...Skliew, Sifu....don't tell yet.....my loan money not in yet. After people buy than I cannot get cheap. Hehehe

Posted by Diamond7 > 2017-02-22 07:39 | Report Abuse

http://klse.i3investor.com/blogs/stockman/116400.jsp

Wah! so good arhhh!!!
NTA $ 1.55 per share meaning rest of NTA of 65 sen generates earnings of 19 sen. Returns on invested fund 29%.

Q4 results 8 sen on $ 64 million revenue.
Full year 19 sen on $ 200 million revenue

Directors,
Wen give special dividend and bonus?
Quick quick la!!! Cant wait any longer lor.....

Posted by Harold Huong > 2017-02-22 07:39 | Report Abuse

People talking Good Good
But the fact many people queue to sell today...
Do you think so?

Posted by r°Moi > 2017-02-22 08:03 | Report Abuse

.

So a repeat of 2014?

Not Mr k knew more



Mr k.... if nothing else.. Mr k has rather successfully made unaudited quarterly results watching mainstream.. intense

.

Posted by balvin71 > 2017-02-22 08:14 | Report Abuse

Why everybody keep asking about dividend? They normally give year end. You know how expensive to give dividends. Have to pay bank fees, have to mail statements, profesional service fees etc. With so many shareholders, I think will cost in the thousands.

Posted by balvin71 > 2017-02-22 08:28 | Report Abuse

Also like bank, put money in FD than wait for maturity to get dividend. They just paid in January, now you want them to pay another one. Maybe management is good, can get better returns. Than year end declare dividend and in Dec or Jan 2018 pay you dividend. Your job is to estimate the yield, than see good yield or not, with prospect for capital appreciation.

Posted by balvin71 > 2017-02-22 08:33 | Report Abuse

Also, business going to expand with new products & Trumponomics. Maybe need funds for working capital to finance inventory and receivables.

Posted by balvin71 > 2017-02-22 08:36 | Report Abuse

Or maybe, want to spend the money and give directors big bonuses or special vacation or buy private jet and go shopping in London, Paris etc.....Arrrggghhh!!!!

Posted by Skliew > 2017-02-22 08:44 | Report Abuse

This share when spotted by fund managers, just imagine lah.... :)

Posted by yfchong > 2017-02-22 08:49 | Report Abuse

if spotted hold tight tight only 103 million.. will sell like hot cup cakes

Posted by tksw > 2017-02-22 08:51 | Report Abuse

dividend if got. will be 2-4sen

Posted by shareinvestment7 > 2017-02-22 08:52 | Report Abuse

With USD exchange rate above 4.40, EPS will improve from next Q onward as compared to last year, expect the price will go up slowly this year, downside risk is not much.

Posted by yfchong > 2017-02-22 09:15 | Report Abuse

buyer small vol

Posted by tksw > 2017-02-22 09:18 | Report Abuse

who is throwing?

Posted by stockraider > 2017-02-22 09:20 | Report Abuse

Latest inside findings....FLB will declare div of Rm 0.06 this coming AGM....that means Rm 0.12 per share div pa that is good loh...!!

FLB will be very defensive at Rm 1.70 level loh....!!
Accumulate loh.....!!

Posted by Skliew > 2017-02-22 09:20 | Report Abuse

Shaking out all the short term players for small gains..hopefully steadily ascend thereafter....:)

Posted by tksw > 2017-02-22 09:25 | Report Abuse

lap the shares la, kakaka

Posted by tksw > 2017-02-22 09:25 | Report Abuse

lap until no money already

Posted by tksw > 2017-02-22 09:26 | Report Abuse

ole-ole stockraider sifu come out deng liao...

Posted by Skliew > 2017-02-22 09:27 | Report Abuse

Today likely all retailers selling! Hopefully fund managers are buying! :)

Posted by tksw > 2017-02-22 09:33 | Report Abuse

skliew sifu, I still waiting cheaper price, dun push la

Posted by Khaw Seek Chuan > 2017-02-22 09:53 | Report Abuse

all in

Posted by tksw > 2017-02-22 09:56 | Report Abuse

die liao lor, 169 liao lor... cham..

Posted by Skliew > 2017-02-22 09:58 | Report Abuse

Malaysian retailers sell on news (announcements of results) and buy on rumours. Hopefully, the price will move up steadily..... I don't believe all fund managers have not spotted this counter and be attracted to it.... Now as of Dec 2016, Cash per share is almost 90sen.... By the end of the year, cash per share would likely be RM1.00 EPS at least 20sen.... crazy people keep selling at 1.70!! :)

Posted by tksw > 2017-02-22 10:03 | Report Abuse

skliew sifu, I veli scare loh

Posted by keke > 2017-02-22 10:04 | Report Abuse

the beauty in value investing is that when the price up, you are happy, when the price down, you are even happier.

Posted by stockraider > 2017-02-22 10:07 | Report Abuse

Tksw,

No scare General Raider is here loh....!!
Once dividen comes....it will fly loh...!!
No worry mah....!!

Posted by Skliew > 2017-02-22 10:22 | Report Abuse

tksw, you are the real SIFU and Daiko pretending to be a newbie! Haha! I think you are controlling....:)

Posted by stockraider > 2017-02-22 10:29 | Report Abuse

Focus Lumber and value investing.
Author: stockmanmy | Publish date: Tue, 21 Feb 2017, 10:12 PM

Q4 results 8 sen on $ 64 million revenue.
Full year 19 sen on $ 200 million revenue.
but no dividend proposed.

what is amazing is............cash and investments $ 90 million or 90 sen per share.

total NTA $ 1.55 per share meaning rest of NTA of 65 sen generates earnings of 19 sen. Returns on invested fund 29%.

But the share is half dead throughout the year.

How to do value investing in Malaysia?

With cash and investments $ 90 million and little need for funds....why so little dividend?

Forecast and what to do?

Irrespective how good the fundamentals, my forecast, the share will do well for 1 or 2 days and fizzle out soon after. ....until and unless they do some corporate development work.

What to do with value investing? Can give superior returns or not?

Why is value investing so under appreciated in Malaysia?

RAIDER COMMENT;

THE ABOVE WITE UP INDICATE THE AUTHOR, HARD NOT DO ENOUGH IN DEPTH RESEARCH AND DO NOT REALLY KNOW HOW TO INTERPRET AND MAKE USE OF FINANCIAL DATA LOH...!!

IN ORDER WORDS HE IS NOT QUALIFY FOR VALUE INVESTMENT LOH...!!

Posted by tksw > 2017-02-22 10:34 | Report Abuse

kakaka, buy signal come out liao.

Posted by tksw > 2017-02-22 10:35 | Report Abuse

this buy signal got sell down power, so whenever FLB big down kasi bili sikit. I wanna see how deep can they throw. kakaka

Posted by tksw > 2017-02-22 10:35 | Report Abuse

mali mali

Posted by tksw > 2017-02-22 10:40 | Report Abuse

stock raider sifu, even if FLB pay dividend, wanna tok bad oso can. Can say: the management dun re-invest, got money dunno how to use to create value.

Posted by tksw > 2017-02-22 10:42 | Report Abuse

if FLB use the money to expand, than can tok: not necessary can get good return, keep on use the money to expand, one day will collapse oso.. shareholders will eventually get nothing many examples ma...

Posted by stockraider > 2017-02-22 10:44 | Report Abuse

Tksw,

Very good question loh...!!
FLB has a dividend policy 60%...they have been honoring it for a long time mah....!!
The management can be trusted....in fact when in crisis in SEPT bcos mis-shipment....they declare handsome div of rm 0.06 loh...!!

The company is cash rich, thus paying div no problem loh...!!

Posted by tksw > 2017-02-22 10:44 | Report Abuse

company no project, say no prospect, company got project say cut throat deal, can be loss money project... what oso can say one

Posted by paperplane2016 > 2017-02-22 10:46 | Report Abuse

finally, found a company That I can go big into now after EKOVEST