Posted by apolloang > 2018-11-13 15:13 | Report Abuse

no buy baru got,if now go buy 50,000 it chage to 1.50 instead of 1.80....hehe

Posted by Fabien Extraordinaire > 2018-11-13 15:16 | Report Abuse

Looking back at my previous comments. When FLBHD drops to c.RM1, that was the best chance to buy.


Stock: [FLBHD]: FOCUS LUMBER BHD
May 22, 2018 08:41 PM | 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.


Stock: [FLBHD]: FOCUS LUMBER BHD
Jun 10, 2018 01:31 PM | 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.


Stock: [FLBHD]: FOCUS LUMBER BHD
Nov 12, 2018 03:49 PM | Report Abuse

Just trying to gauge a rough estimate of value (syiok sendiri calculation)

Latest net cash position is 88.58mil
5 year average FCF is 15.10mil

Assuming u want to acquire FLBHD now, what is the prospective price
case 1: multiple of 10x its 5 yr average FCF, that will amount to 151.04mil
Total value including net cash = 239.62mil (2.28 per share)

case 2: multiply of 10x its latest reported FCF (10.86mil), that will amount to 108.62mil
Total value including net cash = 197.2mil (1.88 per share)

u will get a range of 1.88 to 2.28 with zero assumption implied for its future FCF growth

Posted by captainjeremysparrow > 2018-11-13 17:30 | Report Abuse

close at 1.60. nice!! My Yi Lu Huatttt is coming...

Posted by Lukesharewalker > 2018-11-13 21:20 | Report Abuse

Maybe results so so. Why declare dividends before results?

Posted by mkmk > 2018-11-13 21:45 | Report Abuse

Luke, do u buy?

Posted by Lukesharewalker > 2018-11-13 22:34 | Report Abuse

Yes. But I have some doubts

Posted by idunwork > 2018-11-13 22:55 | Report Abuse

Veneer price still high. I think the gross margin is still good like last quater.

Posted by targetinvest > 2018-11-14 00:15 | Report Abuse

Faster in lo

Posted by mkmk > 2018-11-14 08:06 | Report Abuse

y u buy if u doubt then....

Posted by kieus7663 > 2018-11-14 08:07 | Report Abuse

personal thinking as long below 1.80 still a value buy, cause the dividend so HIGH! drooling... Think I will buy more this 2 days...

Posted by captainjeremysparrow > 2018-11-14 08:30 | Report Abuse

read their past reports. cash is so thick. giving 8 cents dividend is chicken to them. foresee stable/more dividends on upcoming years. Also worth hold for mid-long term..

Posted by George Leong > 2018-11-14 09:21 | Report Abuse

8 cents dividend, probably around rm8 mil cash. The company has rm29 mil cash, and zero debts.

Posted by idunwork > 2018-11-14 09:38 | Report Abuse

@ George Leong It has more cash under "other investments"

Posted by captainjeremysparrow > 2018-11-14 10:05 | Report Abuse

Yes.. based on report, 'other investments' amounted rm60m+ which includes very safe Money market fund.

Posted by George Leong > 2018-11-14 10:27 | Report Abuse

Did the company specify what "Other Investments" is? Besides money market fund.

Posted by captainjeremysparrow > 2018-11-14 10:56 | Report Abuse

Money market fund & 'Investment in Golf and Country
Club membership'... hahahaha

Posted by George Leong > 2018-11-14 12:04 | Report Abuse

Haha, thanks for sharing!

Posted by captainjeremysparrow > 2018-11-14 19:05 | Report Abuse

price stabilized? so fast?

Posted by mkmk > 2018-11-15 18:29 | Report Abuse

Think will hover ard 1.58-1.65 range... if flb anounces a 5/6m profit is it considered as disappointing result?

Posted by captainjeremysparrow > 2018-11-15 19:57 | Report Abuse

based on past QR results, normally 6m profit and above will draw positive impact to price..

Posted by captainjeremysparrow > 2018-11-15 20:07 | Report Abuse

2017 annual profit 12m, give 6 cents div.
2016 annual profit 19m, give 6 cents div.
2015 annual profit 31m, give 15 cents div.

2018 now has given 10 cent div...
We can do some mathematics already. agak agak..

Posted by Halite > 2018-11-15 21:20 | Report Abuse

Follow my sifu advice
Bought some on Monday early morning
Say bye bye today
Pocket 15 cents dividend first

Posted by mkmk > 2018-11-15 21:24 | Report Abuse

Y follow sifu? U urself already like sifut mah.... but too bad ur fund at pwi stuck d... otherwise u can earn more...

Posted by mkmk > 2018-11-15 21:29 | Report Abuse

Halite, flb still can buy kah? U so pro share share ur sifut view leh...

Posted by captainjeremysparrow > 2018-11-15 22:20 | Report Abuse

why say byebye with 10% profit leh.

Should hold longer for reasons:
- FLB naps is growing, mainly due to cash piling up from profits every quarter. FLB might continue to give nice dividends. As what Fabien said, it should worth 1.88 to 2.28.

- Tech & construction stocks are volatile now. If any crisis caused by global economy, the safest place to keep your money is cash rich, high-dividends stock.

Posted by mkmk > 2018-11-16 07:50 | Report Abuse

captain, Halite lied de la.... his money all stuck in priceworth d... haahha... he is famous in bluffing...

Posted by Halite > 2018-11-16 08:05 | Report Abuse

I did not ask you to believe me
I am very thankful to my sifu who had helped to gain a free trip to Hanoi for my family during the coming year end holiday
I do not feel I am stuck in pwi because I manage my cash well, still making good paper profit in other counters following my sifu advice.
My sifu is reading my message, he knows what I am talking

Posted by Halite > 2018-11-16 08:11 | Report Abuse

To be fair to my sifu, pwi is not my sifu recommendation, flbhd is my sifu recommendation. I locked in profit because it is just my side dish, my sifu did not ask me to sell

Posted by mkmk > 2018-11-16 08:28 | Report Abuse

Sifut la u... sifu sifu... ask ur sifut pwi can buy not.. follow ur sifut mah... everytime call sifu sifu, sifu didnt tell u sell y u sell.. sifu didnt tell u buy y u buy? if follow sendiri sifut then dont put sifu sifu in front la... sifut lao...

Posted by Halite > 2018-11-16 08:37 | Report Abuse

We are here to share our happiness, our views and logical reasoning

One is more forgiveful when he is more successful.

Do you agree

Posted by mkmk > 2018-11-16 08:53 | Report Abuse

R u referring to me??? Kikikiki...

Posted by captainjeremysparrow > 2018-11-16 16:06 | Report Abuse

must listen to sifu.. sifu didn't ask you sell maybe he want you to free trip pergi Tokyo tu..

Posted by kai8994 > 2018-11-16 21:25 | Report Abuse

Looking good, forming cup n handle.. next breakout will be unstoppable :)

Posted by captainjeremysparrow > 2018-11-16 23:59 | Report Abuse

ya.. flb resistance level now at 1.58 to 1.60.. looking forward to Q3 result..

Posted by UnicornP > 2018-11-17 11:42 | Report Abuse

Rejoice?
https://www.thestar.com.my/business/business-news/2018/11/17/global-economic-tensions-to-weigh-on-ringgit-next-week/

Posted by captainjeremysparrow > 2018-11-17 14:41 | Report Abuse

USD strengthen against MYR benefits FLB. =D

Posted by yfchong > 2018-11-17 16:46 | Report Abuse

Now in la la land..

Posted by captainjeremysparrow > 2018-11-17 19:50 | Report Abuse

buy abit play play la..

Posted by davidkkw79 > 2018-11-18 08:35 | Report Abuse

Wow....rebound so much, must be cause of good result.

Posted by mkmk > 2018-11-18 14:49 | Report Abuse

Good result in Q2.... now ex rate still going up... Q3 and Q4 sure good also...

Posted by captainjeremysparrow > 2018-11-18 14:52 | Report Abuse

yes.. flb seldom give dividend before announcement. is a hint already. Q3 should have at least 6m profit. Q4 also...

Posted by yfchong > 2018-11-18 15:15 | Report Abuse

Huat arr

Posted by targetinvest > 2018-11-18 20:00 | Report Abuse

Next week continue to 1.80

Posted by UnicornP > 2018-11-18 20:14 | Report Abuse

FPI recent results already proved that export companies gonna report huge earnings.

Posted by captainjeremysparrow > 2018-11-18 22:04 | Report Abuse

let us see next week performance... =) huatttt!

Posted by Lukesharewalker > 2018-11-19 11:33 | Report Abuse

quite a bit of profit taking today

Posted by captainjeremysparrow > 2018-11-19 17:36 | Report Abuse

looks good today. High volume. price steadily climb up..

Posted by captainjeremysparrow > 2018-11-19 17:54 | Report Abuse

1.62 still good holding price.

Posted by kieus7663 > 2018-11-19 20:39 | Report Abuse

So strong support for 1.59-1.60... closing with 1.62, the engine nearly complated WARM UP... Going to FLY soon!! Drooling my babe....

Posted by targetinvest > 2018-11-20 00:00 | Report Abuse

Get ready wednesday power