Posted by buddyinvest > 2016-02-23 07:20 | Report Abuse

Thumb up riskabsorber. Yestrday result presents opportunity to get out.

Posted by Karl Feihong > 2016-02-23 07:36 | Report Abuse

Ccp78789 many thanks!!! Will q for anpther bulk today :)

Posted by tksw > 2016-02-23 07:43 | Report Abuse

rikabosorber sifu, like that you go long MYR against USD lar, dun have to tok FLB liao. kakaka.

Posted by k8118k > 2016-02-23 08:34 | Report Abuse

preopen 2.60

Posted by tksw > 2016-02-23 09:07 | Report Abuse

ole-ole, sell down sell down

Posted by volks2 > 2016-02-23 09:09 | Report Abuse

2.67 ole ole ole

Posted by tksw > 2016-02-23 09:13 | Report Abuse

aiya, why sell down to 258 oni...

Posted by leelc99 > 2016-02-23 09:15 | Report Abuse

Buy up. Huat huat!

Posted by Sapphire > 2016-02-23 09:15 | Report Abuse

sell a bit switching a bit hehe...

Posted by crossroad > 2016-02-23 09:24 | Report Abuse

FLbhd current quarter result does not have any FX gain... but yet can post such sterling profit. Very good company indeed!!

Posted by Fox New > 2016-02-23 09:25 | Report Abuse

Just bought some... hehe

Posted by gwansoo > 2016-02-23 09:30 | Report Abuse

@riskaabsorber Weak ringgit provides a golden opportunity for export companies to dramatically increase your earnings in a short term and hence increase their cash reserves. Giving their opportunities to increase the revenue stream or increase shareholders' value. Well, i don't think when ringgit strengthening will make them run out of business if the demand of their products are still there. Looking at TPPA which gonna expose them to more oversea markets.

Posted by ABC1 > 2016-02-23 09:41 | Report Abuse

No shoot more

Posted by timing > 2016-02-23 10:08 | Report Abuse

expected, already green for 7 days.

Posted by humbleisland > 2016-02-23 10:12 | Report Abuse

Except for the quarter report which is out, Is the market expecting anything else from this stock in the near term and/or are there any other catalysts in the near future?

Posted by riskabsorber > 2016-02-23 10:20 | Report Abuse

True, FLBHD is doing well operationally. In term of currency exchange, export counters will not benefit in long term due to the foreign customers will take this opportunity to bargain for lower price or postpone the payment that will increase the receivable days.

Posted by ABC1 > 2016-02-23 10:23 | Report Abuse

So no rm 2.8 this week?

Posted by PlsGiveBonus > 2016-02-23 10:26 | Report Abuse

So many seller selling at dirt cheap, they will regret it later it shoot up 3.00 :)

Posted by kjk85 > 2016-02-23 10:27 | Report Abuse

RSI almost at overbought level already. Expecting correction in coming few days before going up again. So dont miss this chance to grab it below 2.70

Posted by PlsGiveBonus > 2016-02-23 10:32 | Report Abuse

Fun manager haven't finish selling their stake yet.

Posted by tksw > 2016-02-23 10:33 | Report Abuse

die lor die lor, FLB drop to 260 liao lor, quick quick sell lah, quick quick sell lah... I part low low waiting

Posted by PlsGiveBonus > 2016-02-23 10:35 | Report Abuse

Can enter again at 2.58?

Posted by jay_j > 2016-02-23 10:59 | Report Abuse

Result very promising with the increase volume in sales. Enter some at 2.60.

Posted by jfanalytic > 2016-02-23 12:24 | Report Abuse

cash rich, stable business and strengtening USD.
When i said strong USD, I mean above 3.80 RM/USD.
See it in longer term, it is definitely a good investment.
I bought sone when it retraced to near rm2 and top up this morning at 2.6. Cheers.

Posted by timed > 2016-02-23 13:14 | Report Abuse

just sold some at 2.63 and 2.60.

Posted by ABC1 > 2016-02-23 13:27 | Report Abuse

Will be red after qr?

Posted by timed > 2016-02-23 14:22 | Report Abuse

i think price correction

Posted by ABC1 > 2016-02-23 14:29 | Report Abuse

Until when

Posted by 1972340924365 > 2016-02-23 16:24 | Report Abuse

A Top 30 shareholder (Singaporean) from company PMCORP was saying FLBHD is overvalued since last week,
and should sell lask week to switch to PMCORP,

but it seems that FLBHD continue to rally for another week.

Heheheeee... He did the same at COMCORP
(sell 60 sen, but the next day COMCORP rallied to 85 sen)

Posted by erkongseng > 2016-02-23 17:11 | Report Abuse

Flbhd 5197 富佳木业rm 2.63 buy in--
2015 全年eps=30.7 sen ,合理的pe=10 ,stock price=rm3.07
dividen=15 sen ,dy=5.7%
公司于31-12-2015 现金有5781万,无任何债务.
http://www.focuslumber.com.my/

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=F&securityCode=5197




Good Buying Opportunity - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Thu, 21 Jan 2016
FOCUS LUMBER

Focus Lumber manufactures plywood and veneers. It exports 97% of its products and mainly to USA. It is a zero debt company with huge cash pile of 83 cents per share. Its profitability has improved for the past few quarters due to the fact that Ringgit has weakened significantly over the past few quarters. As low crude oil price leads to low gas price in US, people in US has more disposable income which leads to higher spending. Furniture players will benefit from this

Posted by ABC1 > 2016-02-23 19:08 | Report Abuse

FL supporters here, tomorrow will go to how much?

Posted by gwansoo > 2016-02-23 19:10 | Report Abuse

I think tmr will go up to another 50sen. Don't forget it is a net cash company which deserves some premium giving its higher PE of 12. Fair value should be around RM3.6

Posted by ffforever > 2016-02-23 19:56 | Report Abuse

50sen?? Or 5 sen?

Posted by tksw > 2016-02-23 20:28 | Report Abuse

the company can anytime from now propose a dividend. kakaka

Posted by Karl Feihong > 2016-02-23 21:01 | Report Abuse

Will continue collecting for another bulk of bucket tomorrow still as today only manage to get 120++biji

Posted by Harold Huong > 2016-02-23 21:22 | Report Abuse

RM3.00 at next corner liao

Posted by Harold Huong > 2016-02-23 21:45 | Report Abuse

eeeeeee, why these Taiwan Director disposal in Sep & Oct 2015 and only announce Feb 2016..Bursa Malaysia BOLEH

Posted by ABC1 > 2016-02-24 00:06 | Report Abuse

Ya loh I saw that too

Posted by ABC1 > 2016-02-24 00:06 | Report Abuse

"Efficiency "

Posted by tksw > 2016-02-24 15:02 | Report Abuse

kakaka, still can get 250+, cantik!

Posted by xn7891 > 2016-02-24 15:04 | Report Abuse

Sure boh bro?

Posted by erkongseng > 2016-02-24 15:06 | Report Abuse

Flbhd 5197 rm2.63 buy in ,2015 eps=30.7sen ,pe=10 ,stock price=rm3.07 ,公司于31～12～2015 现金达5781万,无债务.前景光明.很有可能派发红股或股票拆细，相关领域业者如evergreen,hevea,dominan
都己进行了,flbhd相信在2016年 Q1或Q2会进行吧,任何回跌是買入机会.

Posted by erkongseng > 2016-02-24 15:14 | Report Abuse

谢谢网友HARRY 的好贴--
[转贴] 【元宵富佳报喜】- FLBHD(5197)业绩盈利突破历史新高，EPS = 10.37！- Harryt30
昨天元宵佳节，富佳木材公布了不错的业绩盈利。业绩以及盈利算算突破了历史新高，EPS是10.37仙，比去年同期上涨了111%。2015年的全年营业额以及税后盈利分别上涨了20%以及98%。笔者将会小小分享一下个人对FLBHD所做的功课。

从上图我们可以看到，FLBHD的营业额以及盈利已经连续走高了4年。Profit Margin更是从8.7%上升至17.6%。而全年的EPS是30.74，以现在RM2.60的股价计算，PE大约是8.46。而且ROE更是进步到了 21.65， 周息率大约是5.77%。

以上是FLBHD历年派息的数据，可以看到股息从以前的6仙缓慢的增长到现在15仙。只要公司的盈利持续增长，相信股息还是有机会增长的。

上图是2014年Segmentation的比较，我们可以看到Plywood Manufacturing的盈利进步了大约72%，而Electricity也从1.36 mil进步到2015年的2.154mil。

大家仔细一看的话，FLBHD的现金从上个季度的85.47 mil减少到现在的57.819 mil。主要原因是派发了15.48 mil的股息以及购买了16.2 mil的Investment securities。或许这也是好消息，因为公司的现金太多没有好好利用也不是好事。由于资料有限，也不知道公司到底买什么securities，这要 等到Annual report出炉才能知道。

上图的就可以看到公司买了新的Investment securities以及增加了Plant & equipment的投资。希望借此可以增加产能以及减少生产成本。

公司说明了盈利走高主要是【销售额】以及【美金走扬】拉高了Profit Margin。不少人担心FLBHD在美金走跌之后就会沉沦，但是笔者却认为这太过主观。因为Q3的USDMYR从4.05上升到4.28，汇率上涨了 4.5%。但是营业额却上涨了35%。这也说明了FLBHD的Plywood的需求不断增长才会导致Revenue上升。

此外，公司也致力现代化他们的器材以减少成本，间接可以抵消成本走高的不利因素。因此 笔者认为FLBHD今年的盈利还是有成长的空间，而且151Q的EPS只有3.22，接下来的EPS分别是7.80，9.35，以及10.37，平均3个 季度都有9仙的EPS。因此FLBHD的EPS下个季度会很轻易就超过了之前。

笔者持有FLBHD接近1年，中间股价也经历了几轮的回调。时间+成长会为投资者带来丰盛的Return，耐心是不可缺少的。共勉之。


以上纯属功课分享，买卖请自负。


魔法师Harryt30
16.15p.m.
2016.02.23
http://harryteo.blogspot.my/2016/02/1121-flbhd5197eps-1037.html
http://klse.i3investor.com/blogs/kianweiaritcles/91735.jsp

Posted by ffforever > 2016-02-24 15:15 | Report Abuse

Why drop

Posted by erkongseng > 2016-02-24 15:31 | Report Abuse

正常,短期者套利,長期将取得丰收,RM2.59 BUY MORE.

Posted by k8118k > 2016-02-24 15:32 | Report Abuse

Technical show overbought,need some correction,

Posted by k8118k > 2016-02-24 15:36 | Report Abuse

http://www.rvia.org/?ESID=currentmonth

refer here for plywood demand

Posted by wise_sheep > 2016-02-24 15:41 | Report Abuse

fast fast sell first. coming down to 2.48 this shark is very tricky

Posted by k8118k > 2016-02-24 15:44 | Report Abuse

2.6 now wo

Posted by erkongseng > 2016-02-24 15:53 | Report Abuse

K8118K ,GOOD SHARE,THANKS