Posted by kwang2209 > 2016-07-02 13:20 | Report Abuse

From my opinion FACBIND is a SAFE company but not PROFITABLE unless they keep effort to increase thier ROE

Posted by chl1989 > 2016-07-02 13:21 | Report Abuse

Onetonneman invest purely based on net cash per share???? Amazing strategy LOL :)

Posted by Viie > 2016-07-02 13:58 | Report Abuse

Director keep disposed shares, seems like price will get more lower..

Posted by kwang2209 > 2016-07-02 16:26 | Report Abuse

Viie , Director disposed shares is truth..but just a little portion in their holding , what I concern is the company willing pay how much to buy back their shares and how many % they will buy back

Posted by kwang2209 > 2016-07-02 16:30 | Report Abuse

onetonneman , I agreed what you are saying..FACBIND got a lot of resources like cash but they management don't know how to use it to make a good return for shareholder , that's why I said they have to make effort to increase thier ROE , if they can make it..FACBIND will turn to PROFITABLE and BULLISH from SAFE

Posted by prescott2006 > 2016-07-02 16:31 | Report Abuse

There was a good and pretty but shy girl, not many people knew her few years ago although she was so good. Suddenly, last year few bloggers and analysts found her and realized that she is a good choice as a girlfriend. And this sudden spike in interest on her triggered the attention of a super investor, and as many typical girls, she chose him and became his girlfriend. Both of them lived happily for 6 months then suddenly one day this poor girl cannot fulfill his desire anymore as she did, and this old guy dumped her like no tomorrow. Now this girl is like a heavily abused playgirl, nobody wants her anymore. End.

Posted by kwang2209 > 2016-07-02 16:43 | Report Abuse

I think our RINGGIT won't keep strong for longer..and foreign exchange shouldn't be the only issue for those export stocks , we have to make sure company can keep growing for longer is enough , foreign exchange just a extra bonus for export stocks , like what you said..FLBHD still is a healthy company and keep growing thier revenue but now global market not stable and many things are uncertainty

Posted by kwang2209 > 2016-07-02 18:14 | Report Abuse

prescott2006 LOL..what a great description

Posted by musangfoxking > 2016-07-02 22:59 | Report Abuse

aiyoh, kolet Kesm, Pent N sAM!

Posted by buddyinvest > 2016-07-03 19:19 | Report Abuse

Sell

Posted by popo92 > 2016-07-03 22:25 | Report Abuse

Please notice the date of director selling is prior before Brexit. This information will help you more.

Posted by wei8 > 2016-07-04 09:41 | Report Abuse

dont have any rebound's sign..shit..

Posted by TabulaRasa > 2016-07-04 09:51 | Report Abuse

The market is quite irrational on this one. I have tried to search for reasons for such pessimism but could not find one. Even if profits half (say RM corrected back to 3.3 level), the company still looks cheap to me, stripping out its net cash.

Plywood price to the US is going up slowly. Brexit has nothing to do with FL Bhd. Am I missing anything?

Posted by wei8 > 2016-07-04 10:12 | Report Abuse

Still drop like no tomorrow

Posted by chl1989 > 2016-07-04 10:12 | Report Abuse

You are totally right bro. The drop is purely derived from sentiment that kyy and directors' disposal. Nth is wrong with the business. :)

Posted by AhJibKor > 2016-07-04 10:14 | Report Abuse

can it be next quarter loss?

Posted by yoong > 2016-07-04 10:23 | Report Abuse

good div yield for now

Posted by 77huat77 > 2016-07-04 10:24 | Report Abuse

July must be everyday also shareholder share disposal announcement

Posted by 77huat77 > 2016-07-04 10:24 | Report Abuse

-15k loss I don't know what can I do now hahha

Posted by Up_down > 2016-07-04 11:00 | Report Abuse

FLBhd is considered quite generous in distributing dividends to the shareholders by look at its track records. With the current DY of 8.3%, PER 5.8x and Net cash, is it the share price overvalued or merely a correction? Not to forget, Uncle Koon is still on the boat. He loves bonus issues and warrant so.....

PER: 5.8x
Dividend Yield: 8.3%
Gearing: Net Cash 75 cents

EPS:
31 Mar 16 - 3.21 cents
31 Dec 15 - 10.37 cents
30 Sep 15 - 9.35 cents
30 Jun 15 - 7.80 cents
31 Mar 15 - 3.22 cents

Revenue:
31 Mar 16 - RM 53 million
31 Dec 15 - RM 58 million
30 Sep 15 - RM 43 million
30 Jun 15 - RM 50 million
31 Mar 15 - RM 30 million

PBT:
31 Mar 16 - RM 3.3 million ( Forex Loss RM 3.4 million )
31 Dec 15 - RM 11.8 million
30 Sep 15 - RM 11.8 million ( Forex Gain RM 4 million )
30 Jun 15 - RM 8.9 million ( Forex Gain RM 1.1 million )
31 Mar 15 - RM 3.8 million

Dividend:
2015 - 15 cents
2014 - 8 cents
2013 - 8 cents
2012 - 6 cents
2011 - 6 cents

Posted by Steve Jub > 2016-07-04 11:05 | Report Abuse

but capital appreciation low?

Posted by MuttonCurry > 2016-07-04 11:05 | Report Abuse

Going forward more losses due to RM strength ?

Posted by Steve Jub > 2016-07-04 11:07 | Report Abuse

PE pretty low

Posted by kwang2209 > 2016-07-04 11:09 | Report Abuse

Compare with last year same period MYR consider shouldn't call STRENGTH

Posted by MuttonCurry > 2016-07-04 11:09 | Report Abuse

I think slide will continue until RM show signs of sustained weakening. Best to stay sideline and observe

Posted by odie88 > 2016-07-04 11:16 | Report Abuse

Directors selling before Brexit might be due to predict Brexit will cause panic sell. Bear in mind directors including kyy sell for many reasons, might because they want you to sell them cheap. Don't forget he accumulated at a higher price. Fundamental wise, really don't see much problem. This company can easily earn a 25million real cash flow each year. Company is capable to pay a satisfy dividend every year.

Posted by kwang2209 > 2016-07-04 11:42 | Report Abuse

I want to ask a question..if directors and sustaintial shareholder really feel the company future earnings will shrinkage why they don't sell at RM3.00 or RM2.50 ?

Posted by Up_down > 2016-07-04 11:46 | Report Abuse

If the company is able to maintain the dividends payout at this level, I don't think many investors would dispose their shares at this price. It may rebound soon.

Posted by Up_down > 2016-07-04 11:48 | Report Abuse

The quantity of shares disposed by director is negligible....100k shares only.

Posted by popo92 > 2016-07-04 12:06 | Report Abuse

The problem is "many investors" that are selling are not concern of dividend and cash flow. They wan super growth prospect. I hope these kind of investors can faster sell out.

Posted by Ivan89 > 2016-07-04 12:16 | Report Abuse

Sure up, while us increase fed rate

Posted by 77huat77 > 2016-07-04 15:18 | Report Abuse

GG

Posted by Ivan89 > 2016-07-04 15:38 | Report Abuse

Someone keep disposal share at 1.75

Posted by wei8 > 2016-07-04 15:42 | Report Abuse

is time is bye bye

Posted by TabulaRasa > 2016-07-04 15:48 | Report Abuse

Don't worry, Aeric taiko will buy 30k shares :-)

Posted by Ricky Kiat > 2016-07-04 15:49 | Report Abuse

because brexit, fed wont hike rate so soon, ringgit should strengthen a while. export counter in down trend.

Posted by Viie > 2016-07-04 15:50 | Report Abuse

没有最低 只有更低..

Posted by Bino Caka > 2016-07-04 15:52 | Report Abuse

how many trap here? what can tell you is some fund house is disposing some share here.. thats the reason you see it keep dropping..dont ask me details, I cant reveal much here.

Posted by cpng > 2016-07-04 15:53 | Report Abuse

老koon有在的地方，大家敬而远之。

Posted by Viie > 2016-07-04 15:53 | Report Abuse

Maybe qr...

Posted by Bino Caka > 2016-07-04 15:56 | Report Abuse

yea..bad qr causing the fund house too exit it...fund manager made decision to sell it after such a bad report, they can't simply let a negative growing company in their fund list..a lot of investor questions them!

Posted by prescott2006 > 2016-07-04 15:57 | Report Abuse

All bloggers and the old super investor already sold @2.x. Only left few angry ikan bilis ranting here.

Posted by yoong > 2016-07-04 15:57 | Report Abuse

qr in august, what makes you said it's bad. probably to shake off small fishes before anticipating a goreng session again

Posted by chl1989 > 2016-07-04 15:58 | Report Abuse

Negative growing company? This is really the joke of the century :)

Posted by SALAM > 2016-07-04 16:02 | Report Abuse

Looks like more to correct b4 stabilizing

Posted by Alfred Aun > 2016-07-04 16:07 | Report Abuse

Game is over.

Posted by i4investor > 2016-07-04 16:15 | Report Abuse

Scary

Posted by 77huat77 > 2016-07-04 16:25 | Report Abuse

Nothing but time for this counter because already lose more than 20 % not worth to cut loss on net cash company. Dividend counter, dollar still the strongest in feature

Posted by Noobies90 > 2016-07-04 16:26 | Report Abuse

Hold Hold

Posted by crossroad > 2016-07-04 16:28 | Report Abuse

No douobt, the recent good run for FLBHD was due to the weak RM, but then in the old days when 1USD was RM3.20 or so, FLBHD was consistently paying dividends of 8 sen per year (which now went up to 15 sen). At 1.73 DY would be 4.6%. Will it get lower, is anybody guess. If you have holding power, you don have to panic-sell for this is still a decent company for long term investment.