FOCUS LUMBER BERHAD

KLSE (MYR): FLBHD (5197)

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Last Price

1.28

Today's Change

+0.02 (1.59%)

Day's Change

1.23 - 1.29

Trading Volume

80,800


17 people like this.

10,104 comment(s). Last comment by sherlockman 1 day ago

Posted by sherlockman > 2022-01-10 10:39 | Report Abuse

yes glad to be on the same side as powerplay 666 :)

Posted by sherlockman > 2022-01-10 11:02 | Report Abuse

hoping to buy more if it gets to rm1.3 to rm1.32

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-10 15:25 | Report Abuse

" Chicago lumber futures traded near to $1,200 per thousand board feet, amid supply disruptions and a hot housing market. From the demand side, construction companies are hoarding material to avoid shortages. Also, unseasonably warm temperatures are allowing homebuilders to keep their activity fueling the demand for lumber. Meanwhile, supply disruptions remain amid record rainfall in Canada during November and labor shortages in the US. In Canada, floods have affected the transportation system, delaying or making it impossible to ship lumber to the US. In the United States, sawmills faced a labor shortage as workers are unwilling to work in such dangerous conditions at low wages." From trading economics.
For comparison sake, lumber was trading at $500 per thousand board feet in September 2021.

Posted by sherlockman > 2022-01-11 22:27 | Report Abuse

strong buying at Rm1.38 today

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-11 22:42 | Report Abuse

Sideways movement these last few days bodes well for the the next push upwards soon.

Posted by captainjeremysparrow > 2022-01-12 07:27 | Report Abuse

13huat. Next will be 14huat.

Posted by sherlockman > 2022-01-12 12:47 | Report Abuse

lumber futures up 4% last night. We will just buy and wait for the next QR next month

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-14 10:33 | Report Abuse

Lumber keeps climbing. Up 12% for January, up 160 % since September 2021. Next coming qr announcement in February is already huge but now the next qr after this is also going to be bombastic.

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-14 23:04 | Report Abuse

FLB hardly affected by the bloodbath happening all round Bursa this week. Take the hint. Holders aren't letting go of this stock.

newguy0801

1,613 posts

Posted by newguy0801 > 2022-01-15 12:52 | Report Abuse

Just a small question, isn't that Focus Lumber's profit mostly in USD? With the weakening of USD to MYR, won't FLBHD suffer as well?

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-15 14:05 | Report Abuse

The swing between USD and Ringgit has been in the range 4.14 to 4.24 (+/-2%) in the past six months. Impact to FLB is minimal. In fact it probably helps FLB because in the three months of the past six, USD strengthened vs Ringgit before having a small retracement. Lumber spiking by 165% during the same period negates any currency fluctuations.

Posted by sherlockman > 2022-01-15 15:07 | Report Abuse

great analysis Powerplay. I still waiting at RM1.30 but not filled which shows not many willing sellers despite being up so much already last couple of weeks

Posted by sherlockman > 2022-01-18 20:06 | Report Abuse

will break rm1.50 before QR in feb

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-19 00:31 | Report Abuse

Lumber up another 40 points tonight to usd1278 on the exchange or 22% up in January alone. It was usd 474 in August last year. 170% rise in just 5 months. Bumper profits for FLB.

Posted by sherlockman > 2022-01-20 19:20 | Report Abuse

bought in at rm1.35 today...yesterday high was rm1.47, thought had missed the chance

yfchong

5,225 posts

Posted by yfchong > 2022-01-23 13:23 | Report Abuse

RV.....can go back to 2016 level......?

Posted by Fabien _the efficient capital allocator > 2022-01-23 19:53 | Report Abuse

I remember back in 2015-16 heydays, FLBHD able to ride the US RV boom (about 70% of their plywood is catered to the RV industry) coupled with the strong USD.

Perhaps, the stars have re-aligned again as the 1) US economy is recovering very strongly plus the cash reserves/savings from easy monetary policies hence bodes well for the demand for RV, 2) USD likely to strengthen further due to monetary policy tightening, 3) high Lumber prices (take a look at the 10 yr chart, its shooting towards the moon)

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-01-24 20:21 | Report Abuse

Net cash company primed to make triple return profits for fy22. Factory is at 24x7 production according to management. Fast growing RV market in the US coupled with soaring lumber prices will make the market pay attention very soon. Price has held steadily sideways since the last spike in December. Vcp set up coming along very nicely.

Posted by sherlockman > 2022-01-26 12:54 | Report Abuse

happily collecting at Rm1.35 and below

Posted by sherlockman > 2022-01-26 12:55 | Report Abuse

Min Rm.1.8 to Rm2.00 by June

yfchong

5,225 posts

Posted by yfchong > 2022-01-26 13:05 | Report Abuse

If can hit its good liao

Posted by sherlockman > 2022-01-27 22:07 | Report Abuse

another good buying support day at 1.35

Icon 888

1,381 posts

Posted by Icon 888 > 2022-01-31 01:18 | Report Abuse

Good Good good

Posted by TheAlphaTrader > 2022-01-31 11:07 | Report Abuse

due to the high prices for underlying commodities, Focus Lumber and Hextar Industries will continue to outperform the market

gemfinder

6,813 posts

Posted by gemfinder > 2022-02-07 20:42 | Report Abuse

Yahoo jalan liao

Posted by ipohwhitecoffee > 2022-02-08 09:05 | Report Abuse

52wh

Posted by sherlockman > 2022-02-08 10:04 | Report Abuse

lumber futures was limit up again last night

Posted by sherlockman > 2022-02-08 10:48 | Report Abuse

HLIB rerated to fair value for Focus Lumber at RM1.98!

Icon 888

1,381 posts

Posted by Icon 888 > 2022-02-08 10:56 | Report Abuse

Show ur power

winlast

433 posts

Posted by winlast > 2022-02-08 12:06 | Report Abuse

boom on the way afternoon time

vision912

133 posts

Posted by vision912 > 2022-02-08 13:10 | Report Abuse

hoot ah

skykai

21 posts

Posted by skykai > 2022-02-08 15:27 | Report Abuse

otw to 2.5

winlast

433 posts

Posted by winlast > 2022-02-08 16:33 | Report Abuse

really afternoon pushing up , towards rm 1.50

Powerplay666

1,023 posts

Posted by Powerplay666 > 2022-02-08 20:44 | Report Abuse

Moving day. Let's go

Posted by Fabien _the efficient capital allocator > 2022-02-08 22:11 | Report Abuse

HLIB TP 1.98

- Positive spillover from US and Canada “lumber war"
- Sustainable high plywood prices throughout 2022
- Robust RV outlook

yfchong

5,225 posts

Posted by yfchong > 2022-02-09 07:17 | Report Abuse

Rm 2.00 I am hapoy

Posted by sherlockman > 2022-02-09 11:44 | Report Abuse

just buy and wait till QR is out

winlast

433 posts

Posted by winlast > 2022-02-10 09:39 | Report Abuse

yes,1.50 achieved

newguy0801

1,613 posts

Posted by newguy0801 > 2022-02-10 09:40 | Report Abuse

Congrats, loved this stock once and had to sell at 1.28, but it's too high for me to reenter back now.

Posted by ipohwhitecoffee > 2022-02-10 09:49 | Report Abuse

Good stocks giving good dividends and capital appreciation.

Since waited for so long might as well just hold on since it's up-trending stocks.

Icon 888

1,381 posts

Posted by Icon 888 > 2022-02-12 03:19 | Report Abuse

Aaa

yfchong

5,225 posts

Posted by yfchong > 2022-02-13 18:20 | Report Abuse

Can go back to 1.92?

vision912

133 posts

Posted by vision912 > 2022-02-14 10:26 | Report Abuse

broke rm1.5!

gemfinder

6,813 posts

Posted by gemfinder > 2022-02-14 13:44 |

Post removed.Why?

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