Posted by tksw > 2015-08-21 21:13 | Report Abuse

The so call stronger USD is Apri to Jun rate. Jul onwards the rate is even stronger....

Posted by Jason520 > 2015-08-22 02:37 | Report Abuse

agree with tksw. And US home sale data also on uptrend :-)

Posted by 林俊松 > 2015-08-22 13:54 | Report Abuse

Broader market remains weak, US fall 530 points & Europe all entered into correction.
Maybe we should collect at a lower price, say RM1.
The directors keep selling at RM1.69, now already RM1.51, not much profit left + market sentiment not good.

Posted by dalpinia > 2015-08-24 09:31 | Report Abuse

wau....strong counter...upupup.

Posted by Mengliao > 2015-08-24 09:34 | Report Abuse

Go go go, Buy and Book profit in short term

Posted by zzas > 2015-08-25 09:45 | Report Abuse

once the market recover, this counter shud be the first to fly!!

Posted by Superb99 > 2015-08-25 19:44 | Report Abuse

today market up 30 over pts, it looks like zzz

Posted by sid_slash > 2015-08-26 11:59 | Report Abuse

Good counter but bad times can't move even with great results n strong prospects.

Posted by Superb99 > 2015-08-26 13:24 | Report Abuse

not only this counter, others also affected...gov only take k of blue chip

Posted by eftee > 2015-08-26 14:43 | Report Abuse

CI goes up so much but only blue chips. As usual ours still down

Posted by weechin53 > 2015-08-26 15:11 | Report Abuse

Sam rocket up

Posted by zzas > 2015-08-27 10:54 | Report Abuse

buy anything below rm1.50 before too late, will fly to rm2.50 at least

Posted by stainlyho37 > 2015-08-27 11:39 | Report Abuse

this to be best buy..just keep for 2 months.....another counter "Kimhin...."

Posted by L. C. Chong > 2015-08-28 23:59 | Report Abuse

FLBHD Analysis - https://lcchong.wordpress.com/2015/08/28/flbhdfundamental-analysis-28-aug-2015/

Posted by sid_slash > 2015-08-31 22:29 | Report Abuse

Analysis does not look very promising.

Posted by minchyau82 > 2015-09-02 10:43 | Report Abuse

The current tax rate for FLBHD is very low due to the "Expenses eligible for double deduction tax
incentives". Do you guys know what is this about? When will this tax incentivie going to expire?

Posted by veln82k6 > 2015-09-02 17:38 | Report Abuse

Go go go

Posted by Jason520 > 2015-09-02 23:19 | Report Abuse

If you look at income statement, expenses are deducted from gross profit to arrive at PBT. However, when comes to tax comp. certain expenses are not allowable and therefore they need to add back to arrive the adjusted income. For this double deduction, it simply means these expenses are not only allowable but it can further deduct one time. That means company is paying lesser tax. Hope this can help you.

Posted by Fox New > 2015-09-02 23:22 | Report Abuse

Minchyau82, double deduction around 3million. Without this incentive, the deduction should be around 1.5million? If the business continue to grow, it should be able to offset the impact.

Posted by zzas > 2015-09-02 23:45 | Report Abuse

a friendly reminder, buy heavily below rm1.50, will fly to rm2.50 easily. you had been warned!

Posted by Lamborghini > 2015-09-03 08:01 | Report Abuse

Try to buy at lower price around 1.4x

Posted by zzas > 2015-09-03 11:37 | Report Abuse

still not too late buying below rm1.60, long way to go, rerating expected.

Posted by Superb99 > 2015-09-03 16:38 | Report Abuse

very impressive

Posted by eftee > 2015-09-03 18:17 | Report Abuse

I sold a few days ago. Almost 1-yr high

Posted by hissyu2 > 2015-09-03 18:22 | Report Abuse

big shareholder: wait u guys very long d... SELL AT 1.68.. lol

Posted by rainman > 2015-09-04 10:48 | Report Abuse

Can we expect dividend payout (of 8 cents) by Decemeber? like the previous years

Posted by Adrian Tan > 2015-09-04 10:57 | Report Abuse

they have dividend not lesser than 4.44 sen policy while base on past dividend, their payout ratio is around 50%.

Posted by JayC > 2015-09-04 15:42 | Report Abuse

they decide to pay 2 times dividend now

Posted by Lamborghini > 2015-09-05 16:03 | Report Abuse

Jay. Where you get the information?

Posted by zzas > 2015-09-07 11:45 | Report Abuse

still not too late to buy now below rm1.70, rerating expected n share could jump to rm3.00

Posted by Jason520 > 2015-09-07 14:17 | Report Abuse

Zzas, how to arrive at rm3?

Posted by zzas > 2015-09-07 18:57 | Report Abuse

eps last q = 7.8c, possible full year eps 7.8 x 4 = 31.2c. giving pe 10x, expected price = rm3.12
very very rough estimate..not counting net cash 85m ie rm0.83 per share.

Posted by zexon > 2015-09-07 19:05 | Report Abuse

Zzas, please do study before you spreading the rumors here

Posted by Jason520 > 2015-09-07 19:50 | Report Abuse

the latest Q earnings has spillover from Q1 earnings. Therefore, I would say annualised earning should be around 20 sen. With that, PE of 10 will give a TP of RM2. My view only :)

Posted by Lamborghini > 2015-09-07 20:30 | Report Abuse

Lol... what kind of calculation

Posted by Jason520 > 2015-09-07 20:45 | Report Abuse

Lamborghini, mind to share yours if you disagree? hehe

Posted by Lamborghini > 2015-09-08 07:21 | Report Abuse

Will buy today if hit 1.8. More safety ....

Posted by Fox New > 2015-09-08 08:52 | Report Abuse

Fundamentally and technically look good now

Posted by Fox New > 2015-09-08 09:25 | Report Abuse

The edge daily today gives positive valuation.

Posted by speakup > 2015-09-08 09:32 | Report Abuse

director selling.

Posted by sid_slash > 2015-09-08 09:54 | Report Abuse

At critical point. If it breaks higher than 1.75 going up. If breaks down than headind 1.25....

Posted by sid_slash > 2015-09-08 10:21 | Report Abuse

But the sad note is the director is selling this is a very bad sign.

Posted by zzas > 2015-09-08 10:48 | Report Abuse

in actual fact, no matter how details you make valuation, its still not perfact.. because when you make valuation, you make assumption event happen in future...most important the company is making good profit with positive cashflow and the share price is at reasonable level.
note: i personally hold this share.

Posted by zzas > 2015-09-08 10:53 | Report Abuse

regarding director selling share, selling 50,000 share when you have 26m share is nothing..want to enjoy a bit ma.. buy rolex or diamond.

Posted by samyew1234 > 2015-09-08 11:08 | Report Abuse

Focus Lumber Bhd (+ve)

Focus Lumber (Fundamental: 1.95/3, Valuation: 2.4/3) was first featured as InsiderAsia’s Stock of the Day on December 11, 2014 at RM1.04. The stock has since risen 67.0% to close at a one-year high of RM1.74 yesterday.

The Sabah-based manufacturer of plywood, veneer and laminated veneer lumber is a beneficiary of the weaker ringgit. Year-to-date, the ringgit has depreciated by 19.3% against the US dollar. The company derived over 97% of its sales from export markets — 66.4% of which went to the US.

For 1H2015, net profit expanded by an outsized 48.7% to RM11.4 million on the back of a 6.8% increase in revenue to RM80.2 million. The increase was mainly attributed to increased sales volume as well as higher average selling price and profit margin from the stronger US dollar.

Focus Lumber has been steadily growing for the past four years. Its key differentiating strength is its focus on obtaining US environmental and quality accreditation and certification for its products, in order to penetrate the US market better. It was accredited as a CARB Certified Manufacturer in 2008 and a certified Lacey Compliant Wood Products Manufacturer in 2013.

The company is backed by a debt-free balance sheet, with net cash totalling RM84.9 million at end-June, up from RM36.4 million in 2011. This translates to net cash per share of 82 sen, or almost 50% of its market capitalisation.

Dividends have also been on an uptrend, rising from 6 sen per share in 2011-2012 to 8 sen per share in 2013-2014, which translates to an attractive yield of 4.8%. For 2015, Focus Lumber has paid an interim dividend of 5 sen per share in August.

The stock trades at a trailing 12-month P/E of 8.62 times and 1.20 times book.

Posted by hissyu2 > 2015-09-08 13:48 | Report Abuse

confirm director/big shareholder are selling... LOL

Posted by hissyu2 > 2015-09-08 13:50 | Report Abuse

this counter, dunknw why the big boss like to sell at ~1.65 to 1.70(for profit gua...since they bought a lot at 1.3)

Posted by Lamborghini > 2015-09-08 14:57 | Report Abuse

Good signal now.Buy 100lots first. Hehe.... if break 1.80 buy more.

Posted by weechin53 > 2015-09-08 16:18 | Report Abuse

1.69 bad news?

Posted by JayC > 2015-09-08 16:37 | Report Abuse

profit taking because it has run up from 1.5 to 1.75 for the past week