@roulette811 @vision912 ....you are welcome! I must give credit to the alphatrader for his/her writeup as I got to know about focus lumber from there. Let's make more money together!!
since it didn't hit my target price and dropped instead, took the chance to buy more at RM1.55. I am willing to hold this baby till it hits it's fair value
we are almost coming to end of Mar..by my calculation the average lumber price as per lumber futures on the CME is on average 25% higher than q4 2021. By that deduction the ASP for the plywood so;d by Focus Lumber should be quite a lot higher than Q4 which was a record quarter for the company
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fabien _the efficient capital allocator
2,010 posts
Posted by Fabien _the efficient capital allocator > 2022-02-21 17:57 | Report Abuse
The worst is over indeed. The BOD is optimistic another excellent financial performance in FY2022.