U.S. existing home sales rose more than expected in January to hit a six-month high. The National Association of Realtors said home resales rose 0.4% to a seasonally adjusted annual rate of 5.47 million. Analysts had expected a decline of 2.9% to a pace of 5.32 million units. The average price for a previously owned home increased 8.2% to $213,800 from a year ago.
wondering if a wood base building block supplier deserves a higher PE valuation than the wood based block (furniture) makers...
- less competition - easier investment on automation technology to replace workers who do not require special skills unlike furniture makers. - from k8118k links we can see a consistent cyclical trend of the demand and that the peak demand period is just beginning: http://www.rvia.org/?ESID=currentmonth
O&G industries out ...coz crude price down Plantations out......coz CPO price low...Indonesia have endless supply Service sector has a bad future becoz of TPPA Now even Semicon sectors are taking a hit.......
what else to consider laa?
K8118K...I was thinking the same about the two important factors u had mentioned. Timber quality of equatorial climate like us. And U.S companies like Lumber liquidators who took a bad hit sourcing from China....may opt from Malaysia as their raw material.
My 2 cents, I think they are already giving a good dividend payout if not 100%. So, keeping Excess cash which are not required for day to day operation on FD may not be a bad idea.
Coz it looks like they have no immediate Capex needs...may only take place at a later stage I guess.
Uncle Koon busy defending VS lah, where got time for FLBHD. If VS crashed, he will lose face because he had just wrote an article promoting VS. Good luck FLBHD.
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....
tksw
12,807 posts
Posted by tksw > 2016-02-24 16:47 | Report Abuse
buy until hand soft... >_<