this morning I dun have money to buy FLB, but when I saw stockraider sifu paste that article, I kelam-kabut throw some other shares just to buy FLB....
tksw sifu, I am quite confident with this stock. Once the selling pressure is done, is time to move... Maybe people beh syiok it didn't declare more dividends. Actually I also beh syiok abit...lolz
This co never practice paying dividend every Q. I don't understand why so many expect dividend in this Q. Last Q already paid dividend. .... Earlier Q, profit not so good mah.... But if pay more dividend share price sure go up lor.... better still if every year profits increases, pay more and more dividend! Then people will realise the power of value investing.
Per recent historical data, total 6 sen dividend for this year is the lowest payout ratio. Dun know AGM later got chance to announce final dividend or not.
Actually seller quite strong loh.....!! Raider collect 100k units at Rm 1.70, still the price holding loh...!! Luckily FLB mkt cap is quite small loh...!!
Hahaha! Good Performance for today! Today 1.675million share due T+3, price ranging from 1.69-1.74 Tomorrow onwards no much selling pressure lor.... Today buyers are all value investors lor. Those who buy on announcement of results are and those who speculate would have sold liao!! Slow slow go up is good! Slow and steady! Value investing is like watching paint dry and watching grass grow ma! Not fly by the night sort of stuff! Hahaha! :)
Agreed, slow and steady the way to go. But I would have like to see it close above 1.74 with higher volume....given the good quarterly results. Makes me worry about the US introducing border tax.
Be patient my friends in the same ship. Without sailing through the tides, how can you reach the land? Result is not as stellar as I thought, but nonetheless give them some time to work wonders. Management is already proceeding with acquiring new machinery. Plus USD still remain strong in the foreseeable future.
Revenues continue to grow in 2016 by 11.47% over 2015 from RM180,733,000 to RM201,476,000. Gross profit reduced due to implementation of minimum wages by the government from 1st July 2016. The business is labour intensive and the company has close to 1,000 staffs. However, over the years,revenue grew from RM132,803,000 in 2012 to RM201,476,000 in 2016. An increase of 51.7% whereas the gross profit grew from RM30,586,000 to RM53,258,000, an increase of 74.12%
I propose the following to break this price barrier:
Company split its 1 share into 2 shares to create more shares to improve liquidity for trading.
After the share split, Company issue 1 bonus share for every 4 shares held by shareholders.
After the share split, Company issue 1 bonus convertible warrant for every 4 shares held by shareholders.
Next time vote me as company representative huh! .....if not we nominate tksw sifu. He is knowledgeable and cool .... ++++ plus a good sense of humour to make my days happy and wonderful!!!
Skliew Sifu, thank you good analysis. FLBHD = Growth + Dividend. Proof is in the numbers. No kelentong!
Agree with Diamond7 Need to increase total number of shares. This will make it attractive to funds. Otherwise, tksw sifu alone will keep buying 100 units until become major shareholder....Hehehe
If only we can collectively get 10% of the shareholders together to put a motion for a resolution at the next AGM.
FLB is able to grow its revenue when plywood prices sluggish. maintain profitable while log prices and labour prices up. and that's not accounting profit, it's pure cash generated.
see the stock level, didnt swell up... it indicates that the company has good control on production/sales. may be the stocks shown in the balance sheet has already ordered by the buyers... jilakak, looks like practising JIT types of management practice
good results, cheap sell and dun want sell higher price? b4 results out, the price can easily went up 179, now results out, confirm good, sell cheap? kakaka
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....
tksw
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Posted by tksw > 2017-02-22 12:23 | Report Abuse
aiya, tok tok tok, 170 no stock liao la...jilakak, I still have money now