Posted by lwyy60 > 2017-08-23 10:48 | Report Abuse

Interesting, support at 1.59 @ 1.5, if break 1.5 will be disastrous . Quite dpd on QR. Until next QR, most likely will be downtrend & ranging position. Good luck all.

Posted by crybebe > 2017-08-23 12:05 | Report Abuse

Top loser ahahaha
http://www.theedgemarkets.com/article/focus-lumber-down-52-weaker-earnings-top-loser-midmorning

Posted by yfchong > 2017-08-23 12:26 | Report Abuse

bro balvin71... either eat porridge... or eat abalone.... any way choice is on individual. so lets see....... 3 months fr now........ no one knows.. except mr. lin... this will be blood bath or walk out as champion....pick yr destination .... greed n fear applies now....

Posted by Ryan88 > 2017-08-23 13:42 | Report Abuse

No worry about this Flbhd . Dividend high still worth to hold for long.

Posted by Winklse188 > 2017-08-23 13:46 | Report Abuse

How u know high dividend, last year was paying only 6cts

Posted by Jordon Lim > 2017-08-23 14:48 | Report Abuse

6cts I think is a reasonable of dividends given out. Ppl call Malakof 'dividend wet dream' stock and yet combining interim and final year dividend, average it pays 5cts-5.5cts .Assuming u hold 10k of flbhd shares, u be getting around RM600. That still better then you put your money in fixed deposit with only 3-4% of returns and no upside potential.

Posted by dunspace > 2017-08-23 15:46 | Report Abuse

Just my thought, the share price flying down is just due to unjustified panic sellers. If you are a buyer that only see quarter results, you will tend to press the panic button too early. Just take a look at FLBHD balance sheet and cash flows.

Side note: The company's retained earnings are roughly 70% of the market share price now.

Posted by Jordon Lim > 2017-08-23 15:51 | Report Abuse

exactly, few months back before q1 results was out, it slowly push up from 1.58-1.63 and maintain at 1.65-1.75 range, then push up to 1.8 something then consolidate at 1.73 for quite sometime after q1 was out. My point is,its not that this quarter it incur losses,just the earning is less so how can it be value less then when previous quarter was not out yet,lol.

Posted by Ryan88 > 2017-08-23 15:52 | Report Abuse

Thats why follow cold eyes theory. This share nothing to worry yet. Unless u have other better bets.
This can keep as FD and higher %

Posted by ezyfix > 2017-08-23 16:49 | Report Abuse

They have explained in statement:

Prospects for the remaining period of current financial year
We expect the profit margin of our products to be impacted if the supply of logs issue persists. Currently, management is actively looking for alternative supply of logs, which includes purchasing veneer sheets from local timber companies.

Posted by ezyfix > 2017-08-23 16:53 | Report Abuse

Monsoon season sets in now until next march and rainy days will disrupt log woods supply. This naturally will have a negative impact and it could be worse if logs are scarcer. Problem is still with the supply side so don't jump into conclusion that it won't fall further.

Posted by Jordon Lim > 2017-08-23 17:08 | Report Abuse

then how come previous years they dont have issue with the supply?

Posted by dunspace > 2017-08-23 18:28 | Report Abuse

Gauging from 2013 to 2016, final half of financial year does better than first half. I am not sure whether is that how the business cycle works(monsoon season=disrupt log wood).

Posted by neotang > 2017-08-23 18:48 | Report Abuse

The supply issue is worse than what i had expected. It may drag for a while, inventory is running low, payable account too.

Posted by neotang > 2017-08-23 18:58 | Report Abuse

I think the management should pay more dividend to reward loyal shareholder considering their huge cash pile and low capex. share buy back is another option when company is in difficult situation to support share price.

director selling definately doesn't help here, sending unnecessary wrong message that he is not confident with the company or company share price is overvalued.

Posted by isupertrader > 2017-08-23 19:07 | Report Abuse

As for the cumulative six months of FY17 (1HFY17), net profit came in 16.4% higher at RM9.26 million, as compared with RM7.95 million recorded in 1HFY16. EPS improved to 8.97 sen, from 7.71 sen.

Revenue, however, declined by 16.3% to RM88.76 million, from RM106.02 million a year earlier.
In a nutshell, people are selling their shares not because net loss but mainly due to lesser earnings. lol. For me, a better chance to buy more before it goes back up. Down more better...

Posted by milo8888 > 2017-08-23 19:23 | Report Abuse

Bought 1.61, tmrw q again 1.51? :)

Posted by yfchong > 2017-08-23 20:18 | Report Abuse

Cukup lah..............., another 3 months

Posted by dunspace > 2017-08-23 21:50 | Report Abuse

I also found the action of the director to be absurd

Posted by Olga > 2017-08-23 22:08 | Report Abuse

sunset industry until regulation changes?

Posted by chl1989 > 2017-08-24 00:59 | Report Abuse

raw mat supply issues. a serious shit. avoid for near term. for long term, you might need a lot more patience, good luck :)

Posted by shareinvestment7 > 2017-08-24 08:55 | Report Abuse

Cut loss lo, no point wasting money here

Posted by hamkachai > 2017-08-24 10:15 | Report Abuse

pancut sunset diarrhea

Posted by remus > 2017-08-24 10:46 | Report Abuse

Hi is the shortage in raw material (1) due to lower timber production or (2) bcos timber traders prefer to export it to get better price/profit? thanks

Posted by LINHY > 2017-08-24 11:03 | Report Abuse

It's raining.....

Posted by Rajiv Rao > 2017-08-24 11:57 | Report Abuse

dddd

Posted by investabc > 2017-08-24 16:18 | Report Abuse

Small fish are selling

Posted by super168 > 2017-08-24 16:43 | Report Abuse

15.05.17 1Q net profit 6.257 million (increased 88.92%). 22.08.17 1H net profit 9.260 million (increased 16.43%. Results are good, why still down.

Posted by Fabien Extraordinaire > 2017-08-24 21:10 | Report Abuse

If focus lumber is trading at high valuation then i would understand if the market would adjust downwards due to the lower earnings. But the fact is it's not. In fact, it is extremely undervalue based on its cash position and free cash flow generation.

Posted by Fabien Extraordinaire > 2017-08-24 21:11 | Report Abuse

Earnings based valuation also looks dirt cheap.

Posted by leny > 2017-08-24 21:11 | Report Abuse

Still dispose shares right before 5pm on the day they announced the result. Very smart punya management. PUI !!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5525149

Posted by LINHY > 2017-08-25 13:26 | Report Abuse

請勿人身攻擊！難道你是火星來的？

Posted by ShannonJY > 2017-08-25 15:51 | Report Abuse

@LINHY- Agree with you.

FLBHB share price declined might be due to the weather in Keningau. So its cause the shortage of logging supply to FLB.

Posted by LINHY > 2017-08-25 16:03 | Report Abuse

是的！所以一但天氣正常，這個問題是可以解決的

Posted by shareinvestment7 > 2017-08-25 16:22 | Report Abuse

LIN HAO YU,你不能怪股民这样生气，你明明是在卖自己的股票，但是却向交易所呈报是买。等股价炒到1.86时，才所是出错，其实是“卖”。这是什么玩意？

Posted by aliyusof > 2017-08-25 16:24 | Report Abuse

Management people are also just investors like us out to make profit when opportunity arises, can buy and sell as they like so long as they comply with listing requirement of SC. We have to assess our own risks and gain if we want to be in the stock market.

Posted by LINHY > 2017-08-25 17:51 | Report Abuse

呈報錯誤是在1.86之後的事，如果是在1.86之前可以說是故意，不相關好嗎！請查看時間點

Posted by shareinvestment7 > 2017-08-25 19:26 | Report Abuse

你是在3号呈报“买”，然后7号时澄清错误，其实是“卖”。无论如何，我已经不在持有FLB的股票。仅仅三位数的亏损就当是买个教训。

Posted by milo8888 > 2017-08-25 20:05 | Report Abuse

Bought again @ 1.54.

Posted by LINHY > 2017-08-25 20:06 | Report Abuse

Good Luck

Posted by Fabien Extraordinaire > 2017-08-26 13:48 | Report Abuse

Company still generates healthy free cash flows. RM36 million in this first half against RM5.5 million a year ago.

Posted by kwang2209 > 2017-08-26 15:25 | Report Abuse

This LINHY is fake 1.. don't argue too much.. hold if you have faith with company

Posted by kwang2209 > 2017-08-26 15:35 | Report Abuse

公司这个季度的业绩没有大家所期望的那么好，但至少公司还是保持盈利的，公司的现金每个季度都有在增加，公司的财务状况算是健康的，保持现有的现金流不见得是件坏事，在市场严峻波动或经济出现蹦跌时，至少那是公司持有的现金能够为公司做更多有益的事情，那时大家就能体会现金为王的意义了

Posted by shareinvestor88 > 2017-08-26 17:05 | Report Abuse

Sell sell target 50c

Posted by kwang2209 > 2017-08-26 17:42 | Report Abuse

Your target too high la..20c better

Posted by Cockcroach > 2017-08-26 20:29 | Report Abuse

Hold

Posted by Mastermind Aeric > 2017-08-28 14:43 | Report Abuse

这支股只值1.2

Posted by idunwork > 2017-08-29 14:29 | Report Abuse

現金都快1.2了整盤生意免費送給你？

Posted by LINHY > 2017-08-29 16:43 | Report Abuse

酸葡萄！

Posted by milo8888 > 2017-08-29 23:15 | Report Abuse

bought again @ 1.52