Posted by feimah > 2018-05-22 11:03 | Report Abuse

This is a value trap company.
Very poor ROIC.

Posted by hoongkk > 2018-05-22 17:45 | Report Abuse

Today who is the buyer around rm1?

Posted by Fabien Extraordinaire > 2018-05-22 20:41 | Report Abuse

Value trap?

Depending on how u see it.
I see it as Share price of RM1. Net cash per share is 96 sen.
Basically you pay nothing for the business.

Posted by Mastermind Aeric > 2018-05-22 20:43 | Report Abuse

Next quarter even worst...leave FL now
Waiting Rm0.80 only Buy....this is my third warning

Posted by idunwork > 2018-05-23 14:39 | Report Abuse

Sell to me. I have patience.

Posted by specman > 2018-05-23 16:12 | Report Abuse

https://sg.news.yahoo.com/shafie-bans-export-sabah-logs-062649346.html

Finally, some measures to help sabah local industry.

Posted by feimah > 2018-05-23 16:19 | Report Abuse

Last year cash per share was about 1.20 but now end around 90sen. It just end lower and lower..
I gave up on FLB at it no longer meet my FVI criteria

Posted by specman > 2018-05-23 16:24 | Report Abuse

feimah, last year cash per share is 89 cent, this year is 96 cent.

Posted by probability > 2018-05-23 18:11 | Report Abuse

USD to RM is strengthening....wind shifting to export stocks?

Posted by idunwork > 2018-05-24 01:02 | Report Abuse

@specman Good news banning sabah log export.

Posted by Mastermind Aeric > 2018-05-25 12:18 | Report Abuse

Y all people still believe that Cash value??
Cash belong the major shareholders One...
Not yours or mine

Posted by Mastermind Aeric > 2018-05-25 17:03 | Report Abuse

I didn't blurr leh...be4 q1 come out i said very worse and price would drop below 1...come True ady...i didn't liar
I said this year no divided...did divided anouce for this Year???u don't say that March 1..that's divided belong 2017...not 2018

Posted by Mastermind Aeric > 2018-05-25 17:07 | Report Abuse

When FL price at Rm1.3 i ask people to Run
But u all ask people to Buy...Now drop to Rm 1 ady...people lose money u all feel happy ah???Dun call people buy in trap...call people buy in reasonable price... Tq

Posted by Mastermind Aeric > 2018-05-25 18:49 | Report Abuse

I Bad mouth or u can't accept the truth??
I know you lose money in FL but i hope u understand that I'm just telling the truth...this counter reasonable price only 80~90cent...waiting 80cent coming then average down your price...hold 2~3 years u can escape from this counter

Posted by Fabien Extraordinaire > 2018-05-26 14:29 | Report Abuse

flbhd had turn into assets play

Posted by soros168 > 2018-05-26 22:34 | Report Abuse

EPS 0.18 sen not worth for RM 1 ctr. Should be 20-30 sen fair.

Posted by 2721 > 2018-05-28 18:43 | Report Abuse

wow..so good got another 2 cts dividend ^__^

Posted by idunwork > 2018-05-28 20:17 | Report Abuse

So far 8 sen dividend this year but some idiot said the share worths 20 sen only are you kidding me ?

Posted by Mastermind Aeric > 2018-05-28 20:39 | Report Abuse

FL trying to use 2 cent divided trap ppl in Rm 1.xx~waiting q2 come out 1st...may drop to 80~90cent

Posted by Fabien Extraordinaire > 2018-05-28 20:54 | Report Abuse

pretty amazing to conclude the company's worth based on 1 quarter alone. guess most ppl just look at P&L. never the cash flows statement, completely ignoring the positive operating cash flows/ free cash flows generation, and the squeeky clean balance sheet with cash rich and no debt, etc. etc.

Posted by yfchong > 2018-05-28 22:10 | Report Abuse

Really unbelievable.....

Posted by yfchong > 2018-05-28 22:12 | Report Abuse

Hope they find more seraya log....

Posted by yfchong > 2018-05-28 22:52 | Report Abuse

RV is still ho sieh in us... just need the log

Posted by kwang2209 > 2018-05-28 23:35 | Report Abuse

Now FLB face insufficient log supply

Posted by probability > 2018-05-28 23:41 | Report Abuse

Director bought to hint future is bright with log export restriction.

There will be ámple local supply for FLBHD to demand at cheap price for their raw material....

Posted by yfchong > 2018-05-29 07:04 | Report Abuse

shafie is the star to sfi...

Posted by yfchong > 2018-05-29 07:04 | Report Abuse

fr 23 may 2018

Posted by Fabien Extraordinaire > 2018-05-29 11:05 | Report Abuse

would the ban on logs export in Sabah would benefits FLBhd?

Posted by probability > 2018-05-29 11:15 | Report Abuse

obviously

Posted by kwang2209 > 2018-05-29 11:25 | Report Abuse

Isn't FLBHD established in Sabah?

Posted by probability > 2018-05-29 12:18 | Report Abuse

Sabah is not foreign country ma...its not considered export.

Posted by idunwork > 2018-05-29 23:12 | Report Abuse

Keep the logs for local companies. New government new policies.

Posted by balvin71 > 2018-05-30 20:51 | Report Abuse

I think only in quarter 3 we will see any improvement on the log supplies. Government will have to allow a bit of time for companies to fullfil their obligations/contracts.

Posted by Fabien Extraordinaire > 2018-05-30 20:55 | Report Abuse

ah...i see Probability more often here.

No more in Hengyuan thread?

Posted by calvintaneng > 2018-06-09 14:01 |

Post removed.Why?

Posted by Patron > 2018-06-09 14:03 | Report Abuse

shit Tan End research house now promoting this stock. good luck!

Posted by Patron > 2018-06-09 14:04 | Report Abuse

after making losses in WTK, Mui, Bonia, Alam, Perisai, POS, majuperak now king of terbalik is aiming focus lumber!

Posted by joetay2 > 2018-06-09 14:06 |

Post removed.Why?

Posted by calvintaneng > 2018-06-09 14:09 | Report Abuse

Wtk?

just add

Mui my cost is 16.5 sen. Still good

Bonia? Undervalue. Just add.
See Opcom was 50 sen. Then Opcom fell to 35 sen? Panic? No. Just add more. See Opcom up 200% to Rm1.17

Perisai, Alam? Why not mention my Waseong (Up 100%)

Pos? Never buy any. Bought DRB at 92 sen. DRB up 200% near Rm2.70. Huhuhu!!!

Posted by joetay2 > 2018-06-09 14:12 |

Post removed.Why?

Posted by joetay2 > 2018-06-09 14:15 |

Post removed.Why?

Posted by Patron > 2018-06-09 14:43 | Report Abuse

basically Tan End research just recommend one stock per week , ask people to buy buy buy and remains silent on the losing counters. the winning counters whole i3 kampung you will see his spams.

Posted by calvintaneng > 2018-06-09 18:07 | Report Abuse

Patron,

Calvin always look for Undervalue stocks with longer term potential.

Even though they don't perform for one or two years....eventually they will shine bright and clear.

Take GSB for example.

Calvin called for a buy on GSB at 9 sen. Then 11 sen. And even at 14 sen.

Like so many cyclicals GSB fell back to 10 sen and many were sorely disappointed.
Latest...GSB crossed 20 sen for a record close.

Many who bought GSB at 9 sen had finally earned 100%

So is Opcom. Called to buy around 60 sen. Opcom then crashed 40% to 35 sen. So how?
Start blaming?
Or buy even more while shares are oversold.

Then?
Then Opcom surged to Rm1.17...up 200%

FOR FLB INSIDERS HAVE BEEN BUYING ABOVE RM1.50 AND STILL BUYING ALL THE WAY DOWN ON WEAKNESS.

SO FLB IS A GREAT BUY NOW!

Posted by Patron > 2018-06-09 21:48 | Report Abuse

does that matter? did you make any money from it? sounds like being right is more important than making money.

Posted by Patron > 2018-06-09 21:49 | Report Abuse

I bet you don't - diversify into hundreds of shitty stocks, bet 5percent of your wealth in shitty stocks. how to make money leh?

Posted by investor77 > 2018-06-09 23:54 | Report Abuse

Calvin, thanks for all of your articles which I enjoyed very much.

Some of your shares strike paydirt, some dont. I only benefited from Tanah Makmur. Missed Super, Opcom, etc from not being patient.

Recently you reco TA enterprise. Ekovest, Mrcb and TA all were around 60 cents. Eko and Mrcb were down as construction sector had negative news.

I then bought some TA as it pays some dividend higher than the other.

Will be considering FL as it used to be around RM 2.

Thanks, once again and keep on writing. Like a game, you win some, you lose some.

Posted by yfchong > 2018-06-10 08:52 | Report Abuse

rv you can checj in rvia.... main competitor is indo.... seraya log is the prize

Posted by Fabien Extraordinaire > 2018-06-10 13:31 | Report Abuse

FLBHD net cash position amounts to 96 sen per share

stripping out the net cash, PE ratio (ex cash) is 1.94 times. Which means you will earn back your initial investment within 2 years at current price.

that's achievable even in the worst case scenario assuming FLBHD only manage to earn 6 sen EPS for the next 2 years.

Price = 1.08
Net cash =0.96
Ex cash = 1.08 - 0.96 = 0.12sen

Anything above 6 sen EPS is a gain to investors.

Actually, buying at current price is already a gain to investors because FLBHD pays 6 sen dividend annually. Any earnings recorded are a bonus.

Posted by ivan9511 > 2018-06-10 19:35 | Report Abuse

@Calvin why you stop recommend your last time stock Wtk.
For me I personally feel Wtk 10000 time undervalued than flbhd loh .
Flbhd still not yet bottom base on my view
Flbhd maybe will below 1 ringgit soon .

Posted by ivan9511 > 2018-06-10 19:36 | Report Abuse

And @ Calvin can you explain why wtk get net profit this qr but share prices drop instead of limit uppp.
I remember when wtk qr came up you shout very good results .