Focus Lumber Berhad (FLBHD)
Some reasons why I hv picked FLBHD
1. The company has a dividend yield of 5.7% at this price.
2. Biz has completely no borrowings. That is very conservative but that also means the biz is safe. It has ZERO gearing.
3. Good track records with gradual growth in Sales and Profits:
Turnover Net Profit NP Margin achieved
2011 y/e 122,150 13,720 11.2%
2012 y/e 132,803 11,600 8.8%
2013 y/e 147,208 15,136 10.28%
4. The company is now valued at a PE of 8.55
On the other hand, PRICEWORTH INTERNATIONAL also involves in manufactures of plywood + timbering is actually sustaining losses and with large debts. Negative EPS.
Fundamentally, there is a potential in FLBHD. I am betting on it.
At the time of writing, I have acquired the shares of FLBHD at RM1.41
Happy Investing.
sephiroth
I bot 0.825 sold 1.12 no eye see liau , haiz
2014-07-22 13:41