Posted by godhand > 2018-08-20 22:40 | Report Abuse

anything related to timber business is no good even the shipping business is affected. no timber how to be good

Posted by mkmk > 2018-08-20 23:03 | Report Abuse

No timber would be bad so thats the risk... but if got timber then hoseh la.... RM2 is coming...

Posted by SALAM > 2018-08-20 23:05 | Report Abuse

Priceworth looks more sustainable..
Song song results OTW....

Posted by mkmk > 2018-08-20 23:10 | Report Abuse

Result maybe good but how abt outlook??? Gloomy...

Posted by qqq3 > 2018-08-21 09:20 | Report Abuse

safe to assume 2 H will be better than 1 H.....currency, cost and selling prices all in their favor.

Posted by Jeremy_Chew > 2018-08-21 09:29 | Report Abuse

wow... glad that i hantam kuat kuat when it was around RM1.00.... lol... as most of you are aware of, USD for Q3 is stronger than it was in Q2 and trump's tariff on Canadian lumber + sabah log export ban.... Q3 and Q4 wil be set to go higher in terms of revenue and profit...

let's be conservative... assuming similar results (not better) for Q3 & Q4... it is about 9 sen + 9sen...
so total 27-30sen for 2018... this share is worth at least RM3.00 in long run... (if u use PE valuation)...

if you use EV/EBIT = 7 (not using PE as this is more accurate)... it derives higher than RM3.00 value due to the huge cash pile...

Posted by balvin71 > 2018-08-21 10:07 | Report Abuse

Well done, Jeremy_Chew. I will be happy if goes to RM2.00. I am long on this stock. Keeping for long-term dividend income.

Posted by Mastermind Aeric > 2018-08-21 12:03 | Report Abuse

tp rm2.5

Posted by mkmk > 2018-08-21 12:11 | Report Abuse

RM0.80 la Aeric...

Posted by Lim Tek Wai > 2018-08-21 12:26 | Report Abuse

Happy ! Good profit everyday hehehe

Posted by Jeremy_Chew > 2018-08-21 13:36 | Report Abuse

i think RM2.00 is definitely reachable... i am actually aiming around RM2,5 like Aeric too.. haha

Posted by mkmk > 2018-08-21 18:09 | Report Abuse

So ambitious oh RM2.50...

Posted by TakeProfits > 2018-08-21 20:05 | Report Abuse

Thing is FLumber's profits are erratic! Sometimes high like this quarter and some quarters, very low profits. Hope with ban on timber exports, profits can be maintained. If can maintain, 2.50 and above share price is not impossible. Will hold the shares!? Good and well managed company

Posted by TakeProfits > 2018-08-21 20:06 | Report Abuse

Mkmk why you say 80c, tp, when it's close today is 1.54..high of 1.60. Must be a catastrophic event financially for share price to be 80c. Joker lar haha..

Posted by mkmk > 2018-08-21 21:29 | Report Abuse

Coz mastermind aeric said it last time... he keeps saying flb will be very bad... q1 q2 very bad... no dividend... ba bla bla and then now he said he bought it d... baru ytd he said tp 1.60 but now he said to 2.50.... aeric is a real joker...

Posted by yfchong > 2018-08-21 21:57 | Report Abuse

If 80cts can buy excess cash abt 97 cts

Posted by idunwork > 2018-08-22 20:55 | Report Abuse

Barking out rediculously low target prices is indecent scare tactic some i3 snakes here like to use to get cheap shares

Posted by Sahamtrooper > 2018-08-22 21:27 | Report Abuse

Agree

Posted by TakeProfits > 2018-08-22 21:34 | Report Abuse

If owner include Goreng it, can go sky high..Right everybody

Posted by mkmk > 2018-08-22 21:40 | Report Abuse

Looks unlikely... wat for goreng, they dont trade except one...

Posted by goody99 > 2018-08-22 22:43 | Report Abuse

Can anyone confirm if FLBHD and other companies are still facing log supply issue? The latest QR does not specifically mention the status now. I just take another look at the QR, it does mention "sufficient logs supply in this quarter".

I have to admit I only have small lots. Current price is not expensive. Definitely a keeper.

Posted by balvin71 > 2018-08-23 15:02 | Report Abuse

their inventory in their book looks good. Give Sabah government some time to sort things out. In 3 months, supply should be ok. Time will tell.

Posted by goody99 > 2018-08-24 01:05 | Report Abuse

QR should be better year-on-year for the next 3 quarters as the base numbers (2017Q3, 2017Q4, and 2018Q1) are pretty low .

Posted by mkmk > 2018-08-25 09:46 | Report Abuse

Investor still lack of cf confidence.... even though the business environment is favaorable to flb...

Posted by goody99 > 2018-08-27 08:53 | Report Abuse

it is normal for share price to drop after QR, even if it has a good report. The price drop may continue for a while. We just do not know. The result is very good despite its raw material cost is still quite high. Will get even better result when the cost of raw material goes down in the future.

Posted by darren173173 > 2018-08-28 20:08 | Report Abuse

Today shoot very high, you guys still holding it?

Posted by mkmk > 2018-08-28 20:17 | Report Abuse

Of course...

Posted by balvin71 > 2018-08-28 21:00 | Report Abuse

Yes, still holding

Posted by 2721 > 2018-08-28 21:57 | Report Abuse

wah..big shark oso had came in..another round of rm2

Posted by specman > 2018-08-28 23:22 | Report Abuse

me too. still holding and add some yesterday. external factors are favorable to flbhd now.

Posted by goody99 > 2018-08-28 23:28 | Report Abuse

will keep until Ringgit u-turns and appreciates against US$

Posted by goody99 > 2018-08-29 01:36 | Report Abuse

From the quarterly report:

"price of plywood has slowly coming down from its peak but it is still very high as compared to 2017 average price."

That is why the profit margin is higher than 2017 despite high raw material cost, thanks to higher USD selling price of their plywood.

Looks like the profit margin for the rest of the year should be better than 2017.

It will be great to see EPS 30 sen and share price RM3 again!

Posted by goody99 > 2018-08-29 02:09 | Report Abuse

Generally export-based furniture stocks do not go up a lot compared to other groups (e.g gloves, technology, semiconductor) which also benefit from strong US$. Hopefully there are more room to go up.

FLBHD is probably the strongest based on its most recent quarterly report.

Posted by balvin71 > 2018-09-18 08:03 | Report Abuse

With the 2 storms hitting North Carolina & Hong Kong, hopefully demand and price for plywood will go up. This will help Q3 & Q4 results. Like during bird-flu, demand for gloves sky-rocketed and prices went up.

Posted by KWSI7317 > 2018-09-18 16:05 | Report Abuse

hopefully

Posted by yfchong > 2018-09-23 17:33 | Report Abuse

We must do good deeds... Some donations back to society

Posted by George Leong > 2018-10-04 14:34 | Report Abuse

Some sharing here... https://klse.i3investor.com/blogs/investmentopportunity/176820.jsp

Posted by mkmk > 2018-10-04 21:02 | Report Abuse

GeorgeLeong, all info already known but price not up.... no buyers la...

Posted by KWSI7317 > 2018-10-05 20:27 | Report Abuse

george leong, where is ur second part?

Posted by yfchong > 2018-10-07 08:47 | Report Abuse

Check the rv sales in us

Posted by idunwork > 2018-10-07 12:18 | Report Abuse

https://www.cnbc.com/2017/07/28/the-rv-space-is-on-fire-millennials-expected-to-push-sales-to-record-highs.html

Posted by jeremytantat > 2018-10-31 06:17 | Report Abuse

continue to collect. very good price now. cash-rich company, foresee a good dividend this year.. =)

Posted by LiimInvest > 2018-10-31 23:52 | Report Abuse

captainjeremysparrow @agreed

Posted by mkmk > 2018-11-01 08:14 | Report Abuse

captain on board terus powerful...

Posted by sokowanda > 2018-11-05 15:52 | Report Abuse

coming oledi!!

Posted by idunwork > 2018-11-05 18:36 | Report Abuse

Shares buy back, good.

Posted by doock > 2018-11-05 19:56 | Report Abuse

Olay Olay

Posted by captainjeremysparrow > 2018-11-05 21:00 | Report Abuse

wow.. they even do share buyback. Now share price is lower than naps. Think FLB has a good outlook. Director kept buying these few months.

Posted by kieus7663 > 2018-11-07 15:04 | Report Abuse

flying higher and higher...

Posted by captainjeremysparrow > 2018-11-07 19:23 | Report Abuse

Buyback continues! Great!