if you bought on 11st of February 2013 at RM 0.605, your dividend yield is 0.14/0.605 =23%, your capital gain is (1.19-0.605)/0.605 x100% = 96.7%. after I told my friends, they ask me this counter still can gain money???? My answer is yes, PE now is just 10, and the company is still GROWING, it means the PE will be lower and the potential growth will be higher, and for sure, it will be higher percentage to earn big, lower percentage to earn small, 0.01% lost money unless you dont hold it long.
and I found another experienced investor also feel the same way, he predict the TP should be RM1.90, but I predict the minimum potential growth is about 20%. Since it's listed in bursa just two years, it's worthy to put this counter with such a good growth in watchlist.
Based on financial year (FY) 2012 FLB has cash flow 54m, total liabilities 15.8m with 0 debt and DY 0.08/1.19=6.7%. Whereas Latitud on FY 2013 their cash flow is 79m, total liabilities 217.7m with 98.5m debt and DY 0.063/2.17=2.9%. I can't deny that in term of revenue and profit Latitud is better than FLB. However if looking at the cash flow, liabilities & DY FLB is the winner. Their cash flow should increase by end of FY 2013.
Focus Lumber (FLB MK) Technical BUY with +25.2% potential return Last price : RM1.19 Target Price : RM1.38, RM1.49 Support : RM1.10 Stop-loss: RM1.08 BUY with a target price of RM1.49 with a stop loss placed below RM1.08. Following a successful breakout above the strong resistance of RM1.10 on 17 Dec 13, FLB’s share price hit a high of RM1.38 on 27 Dec 13 before retracing back to the prior resistance level which now acts as a support. Yesterday’s 7-sen surge on top of the higher trading volume of 0.4m shares (vs 10-day average of 0.3m) could kick-start a reversal should share price rebound from the support level and close above the 22-day SMA line. The uptick in RSI suggests the reversal is in line with the gradual increase in buying interest, thus if the momentum persists, we expect FLB to retest the previous high of RM1.38 in the near term. Violation of the immediate target of RM1.38 could, in our opinion, spark fresh buying interest and push the share price toward our projected target of RM1.49 in the medium term.
company not bad but too passive. Not my liking, i really hate these type of passive shares.. when the market turn bad, we hardly sell the shares off cause very few buyer and the price will shrink down very quick.
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....
stockcrazy
551 posts
Posted by stockcrazy > 2013-12-20 15:18 | Report Abuse
0.08/1.2 is 6.67%