Posted by Tan Sri Rachel Lim > 2014-08-28 10:22 | Report Abuse

anyone know why it drop so much yesterday??

Posted by gick891214 > 2014-09-07 21:50 | Report Abuse

this company is holding a lots of cash and high retained earning......

Posted by xingxian > 2014-09-10 13:04 | Report Abuse

substantial shareholder locking in profits

Posted by lcefish > 2014-09-12 10:23 | Report Abuse

good fundamental , rich in cash ...

Posted by newbird33 > 2014-09-12 22:11 | Report Abuse

Good fundamental? what's so good? Log price going up means cost of sale increase as it does not own timber concession. Q2 profit compared to Q1 has dropped

Posted by Stockker > 2014-10-25 22:42 | Report Abuse

FLB pays good dividend every year. But major shareholder has been selling, not a good sign.

Posted by Stockker > 2014-11-13 08:48 | Report Abuse

Report in the Financial daily today, but still puzzling why major shareholders sold about 1.5 million below 1.20 recently.

Posted by no_idea > 2014-11-13 18:39 | Report Abuse

I am still holding tight.

Posted by tjhldg > 2014-12-08 15:09 | Report Abuse

:)

Posted by louisng92 > 2014-12-08 19:09 | Report Abuse

Any comment for this counter?

Posted by Stockker > 2014-12-08 19:29 | Report Abuse

Consistently paying good dividend and maintaining quite good profits. Puzzling is why the main shareholders continue to sell in the market.

Posted by crossroad > 2014-12-09 11:05 | Report Abuse

The major shareholders are above 55 years old and are taiwanese... When we are young, we work, we invest, we accumulate.. but as we grow older, so many of us are also thinking about tasting the fruit of our labour. The major shareholder selling has cause the price to stay depressed, since the free float is not much. Nobody knows if the share price of 1.16 will drop even lower, but considering the 8 sen dividend and free cash per share of close to 60 sen, downside risk is limited. Business wise, 90% of goods are sold to US which is reporting good recovery and with strong USD, the future should be ok. If the taiwanese want to exit flbhd, the company is a great target for RTO...

Posted by crossroad > 2014-12-09 11:06 | Report Abuse

If people are willing to put money in FD, may as well buy FLbhd to collect dividend, and hope for a day for price to surge to make a capital gain. Got dividend income can wait la, worse for counters that pay you noothing and price no move!!

Posted by crossroad > 2014-12-09 11:12 | Report Abuse

Top 30 shareholders hold 91.5% of shares... very illiquid only good for those seeking consistent dividend and patient.

Posted by Icon8888 > 2014-12-17 10:08 | Report Abuse

bought some at 113

8 sen dividend going ex on 18 Dec, namely, tomorrow

Posted by Ah Ha > 2014-12-18 14:03 | Report Abuse

why want the 8 sen while paper loss is 8sen? today is . Will it go down some more tomorrow?

Posted by Ah Ha > 2014-12-18 14:04 | Report Abuse

i am looking for TP 0.80 before i join you.. cheers.

Posted by Icon8888 > 2014-12-18 14:15 | Report Abuse

I bought because dividend yield at RM1.14 is 7%, dividend payment is recurrent, earnings will benefit from strong USD, demand from US should benefit from stronger economic recovery, strong balance sheet with cash equals 50% market cap. PE based on historical earnings is 7 times +

As for whether share price will weaken after dividend, that is not a factor that i consider when I decide to invest

Posted by Icon8888 > 2014-12-22 13:28 | Report Abuse

my latest write up on Focus Lumber

http://klse.i3investor.com/blogs/icon8888/66910.jsp

Posted by Angel_Investor > 2015-01-09 15:08 | Report Abuse

Only worth to buy for price below 0.90

Posted by Probability > 2015-01-09 20:12 | Report Abuse

http://www.indexmundi.com/commodities/?commodity=plywood&months=12

Posted by Probability > 2015-01-09 20:15 | Report Abuse

http://www.indexmundi.com/commodities/?commodity=plywood&months=60

probably answers why director selling...

Posted by Icon8888 > 2015-01-09 20:18 | Report Abuse

Thanks probability ! Log up plywood down. Coming quarter difficult to be good

Posted by Icon8888 > 2015-01-09 20:20 | Report Abuse

The website is very very helpful

A million thanks to you probability !!!!

Posted by Icon8888 > 2015-01-09 20:30 | Report Abuse

The only regret is that I cannot find from the website log prices that is trending upwards over past one year

I understand that log prices has gone up

Posted by Probability > 2015-01-10 00:23 | Report Abuse

Welcome Icon...thanks to your posting earlier made me do that searching.

But its balance sheet is superb...with current earnings.
On raw mat price changes..they should alter the Sales price accordingly.

Need to really investigate further...

Posted by xingxian > 2015-01-10 11:10 | Report Abuse

Log prices came down by the same margin. You can check that on indexmundi

Posted by NOBY > 2015-01-10 13:07 | Report Abuse

the logs are sourced locally from Sabah...

Posted by Jeremy Loi Fuang Suu > 2015-01-12 12:33 | Report Abuse

Dividend Yield 7.27% + Low PE 7.4 + Steady growing Profit and NTA = Buy More!!

Posted by Bizzz > 2015-01-16 11:32 | Report Abuse

Chen, and Lu-s who consistently sold their shares are not directors of this company anymore, they have resigned or retired since more than 2 years ago, maybe that's part of the reason why they want to cash out their investment, just wondering..

Posted by keyin > 2015-01-21 20:59 | Report Abuse

Collect money soon

Posted by Fat Cat Tim Buddy > 2015-01-27 20:09 | Report Abuse

nt miss this boat, it is going to sail very soon!

benefit of buying this company shares,
50% earning dividend payout policy since IPO, current yield 6.6%!!!
RM3.6 = 1USD , good for export!
17 ,20, 1857, 24% ROE from 2011 to 2014

hevea homeriz latitude liihen already up so much, now is flbhd time!

once again, dont miss this boat, it is going to sail very soon!

Posted by Fat Cat Tim Buddy > 2015-01-27 20:19 | Report Abuse

4.84% of Focus Lumber crossed off-market

By Supriya Surendran / theedgemarkets.com | January 26, 2015 : 6:36 PM MYT

KUALA LUMPUR (Jan 26): Focus Lumber Bhd ( Financial Dashboard) (fundamental:1.75; valuation: 3), which specialises in the manufacture and sale of plywood, saw 5 million of its shares or 4.84% of its shareholdings crossed off-market today.

According to Bloomberg, the shares were moved in four blocks — two blocks of 0.5 million shares, one block of 1.5 million shares and another block of 2.5 million shares — at RM1.06 apiece or a total of RM5.3 million. It is not immediately known however, who the parties in the transactions were.

Focus Lumber’s three largest shareholders are Taiwanese nationals Cheng Lu Kuan (8.92%), Chen Chun Hsiung (8.28%) and Lu Chin Ting (7.34%).

The company’s shares, which were trading at 93.9 sen a year ago, closed at RM1.16 today, with a market capitalisation of RM119.7million.

..............................................................

with this final shares exchange hand, there will be no more public disposal by the 2 director , there will be less seller, simple equation, supply low, demand up, the price will only up up up! oh yeah!

Posted by Icon8888 > 2015-01-27 20:37 | Report Abuse

Interesting development

Posted by keyin > 2015-01-27 22:47 | Report Abuse

Any target price?

Posted by MillionaireHub > 2015-01-28 00:19 | Report Abuse

1.5 is the target

Posted by Jeremy Loi Fuang Suu > 2015-01-30 00:14 | Report Abuse

second wave is coming up Up UP

Posted by Jeremy Loi Fuang Suu > 2015-02-10 10:10 | Report Abuse

Sky Rocket ！！！

Posted by Wind Ng > 2015-02-11 10:06 | Report Abuse

buy. the dividend is fantastic. every year they declare 8 sens. At 1.25 current price, the yield is 6.4%. Even at 1.60, the dividend is 5%.

Posted by YiStock > 2015-02-11 14:58 | Report Abuse

PARAMETERS 12/31/11 12/31/12 12/31/13 12/31/14

Revenue RM
122,150,080 132,803,282 147,208,000 150,419,000

Net Operating Profit After Tax (NOPAT)
13,719,930 11,600,226 15,136,000 16,032,000

Earning Per Share (EPS)
RM 0.1381 0.1124 0.1467 0.1553

Dividen Per Share (RM)
0.0600 0.0800 0.080 0.080

Outstanding Shares
99,322,740 103,200,000 103,200,000 103,200,000

Share Price 31 December
0.69 0.72 1.19 1.03

Market Capitalization
68,532,691 74,304,000 122,808,000 106,296,000

Posted by YiStock > 2015-02-11 14:59 | Report Abuse

Total Asset
126,056,688 131,667,314 141,681,000 140,230,000

Total Liability
110,468,959 115,790,129 18,924,000 9,697,000

Total Equity
110,468,959 115,877,185 122,757,000 130,533,000

Posted by YiStock > 2015-02-11 15:00 | Report Abuse

Cash and Cash Equivalent at the end of period
33,751,375 54,711,353 59,933,000 56,352,000

Posted by YiStock > 2015-02-11 15:00 | Report Abuse

Book Value/ NTA per share
1.11 1.12 1.19 1.26

Posted by YiStock > 2015-02-11 15:03 | Report Abuse

DUPONT's ROE (%) - PASS
12.42% 10.01% 12.33% 12.28%

Return of Asset (%) - PASS
10.88% 8.81% 10.68% 11.43%

Return of Invested Capital (ROIC) (%) - PASS
18.84% 19.78% 24.10% 24.09%

Earning Yield (Magic Formula) (%) - PASS
11.49% 6.32% 19.47% 30.57%

Current Ratio- PASS
6.04 6.40 5.91 14.30

Posted by YiStock > 2015-02-11 15:06 | Report Abuse

Debt To Equity Ratio - EXCELLENT
1.00 1.00 0.15 0.07

Asset Turn Over - EXCELLENT
0.9690 1.0306 1.0771 1.0671

Receivable Turn Ratio (days) - PASS
27 24 26 34

Inventories Turn Over (times per year)- PASS
3.30 4.54 5.49 4.87

Free Cash Flow (FCF) - PASS
6,154,044 26,927,959 11,226,000 12,472,000

Cash return on Invested Capital (CROIC): Excellent
8.45% 45.91% 17.88% 18.74%

Free Cash Flow (FCF) to short term debt - PASS
0.49 2.01 0.67 1.76

Posted by YiStock > 2015-02-11 15:09 | Report Abuse

Inventories Over Revenue - PASS
21.83% 13.87% 15.15% 15.62%

Net Receiveable Over Revenue (%) - PASS
7.27% 6.51% 8.37% 10.53%

Dividend Payout Ratio - Good
43.45% 71.17% 54.53% 51.51%

Capex Requirement (%) per dollar net earning - PASS
12.55% 12.35% 13.07% 16.72%


Graham Net Nets Current Asset Value (NCAV) - GOOD
-0.3429 -0.2896 0.7787 0.8903

Graham Net Nets Working Capital (NNWC) - GOOD
-0.5704 -0.4125 0.6235 0.7108

Retained Earning contribute to Total Equity (%) - GOOD
52.49% 54.71% 57.25% 59.79%


Share Capital Contribute To Total Equity (%) - GOOD
47.51% 45.29% 42.75% 40.21%


Current Asset to Total Asset IDEAL: GOOD
60.62% 65.24% 70.07% 72.43%

Posted by YiStock > 2015-02-11 15:10 | Report Abuse

PE Ratio using Magic Formula
8.71 15.81 5.14 3.27

Posted by YiStock > 2015-02-11 15:11 | Report Abuse

At current share price at RM 1.30,

PE Ratio using Magic Formula = 4.88

Posted by 陈炎 > 2015-02-12 07:31 | Report Abuse

Thank. A lot

Posted by genesis81 > 2015-02-12 08:04 | Report Abuse

thanks YiStock for the stats..