Lumber up another 40 points tonight to usd1278 on the exchange or 22% up in January alone. It was usd 474 in August last year. 170% rise in just 5 months. Bumper profits for FLB.

Agree with apple168.. People were saying gloves fundamentals were still good towards end 2020 but when market decides it has peaked, learn your lesson and check out. This year will be about undervalued recovery stocks like Focus Lumber and Ancom.
Tech companies have great fundamentals but valuations and per are overstretched. This sector will remain super volatile this whole year with spikes and mini rallies but overall downtrending. IBs will promote tech stocks still having potential blah blah but quietly dispose their tech holdings to bilis. My channels reveal that IBs were the heaviest sellers of tech in the past two weeks.

Liontexchemer.. How do you see 20 million pbt this qr? At best, with the opening up after MCO, I see 5m.

Come here to the safe haven of the value recovery stock of FLB. Overpriced Tech stocks will be volatile through out this year. Lumber is soaring now and this stock will outperform in 2022. Price is ready to fly anytime soon. Hardly dropped at all during the bloodbath this past week.

The swing between USD and Ringgit has been in the range 4.14 to 4.24 (+/-2%) in the past six months. Impact to FLB is minimal. In fact it probably helps FLB because in the three months of the past six, USD strengthened vs Ringgit before having a small retracement. Lumber spiking by 165% during the same period negates any currency fluctuations.

FLB hardly affected by the bloodbath happening all round Bursa this week. Take the hint. Holders aren't letting go of this stock.

Lumber keeps climbing. Up 12% for January, up 160 % since September 2021. Next coming qr announcement in February is already huge but now the next qr after this is also going to be bombastic.

Golden cross just appeared. Let's see tomorrow.

Lumber up by 8% this month alone. Its up by 154% since August 2021.

Sideways movement these last few days bodes well for the the next push upwards soon.

https://www.google.com/amp/s/www.yahoo.com/amphtml/lifestyle/lumber-prices-increase-2022-174227491.html

" Chicago lumber futures traded near to $1,200 per thousand board feet, amid supply disruptions and a hot housing market. From the demand side, construction companies are hoarding material to avoid shortages. Also, unseasonably warm temperatures are allowing homebuilders to keep their activity fueling the demand for lumber. Meanwhile, supply disruptions remain amid record rainfall in Canada during November and labor shortages in the US. In Canada, floods have affected the transportation system, delaying or making it impossible to ship lumber to the US. In the United States, sawmills faced a labor shortage as workers are unwilling to work in such dangerous conditions at low wages." From trading economics.
For comparison sake, lumber was trading at $500 per thousand board feet in September 2021.

I offloaded some pmbtech last week and have been steadily collecting pFocus Lumber as lumber prices are soaring and projected to remain that way for the next two years at least.
A modest 12% return for Pmbtech for me for five months holding. Might reach 14 or 15s this year but probably not 20 as silicon price in China has retraced quite a lot . In Europe the price has consolidated considerably too although US prices remain high. I don't believe sharks are collecting here either but the price is well supported at 12s nevertheless. Although pmbtech's next qr is admittedly going to be huge,I am looking realistically at 9 months and beyond and I don't see the explosive profit growth we were earlier seeing.
Take a look at Focus Lumber,a definite uptrend stock. The US market forms over 75% of their overall business and its growing exponentially this year. Management in their last report has said they are running the factory 24 hours a day to meet demand at sky-high lumber prices. Next qr out in February will be very profitable and this whole year will be gangbusters. Undervalued gem and low nosh. Easy to run up fast.

Agree with sherlockman.. This is a hidden gem. High lumber prices will remain elevated throughout the next. few years at least. Factory is churning 24 x7 according to management since mco ended. The next qr out in Feb is going to be bombastic.

Next round starting...

https://klse.i3investor.com/m/blog/thealphatrader/2022-01-06-story-h1596584098-FOCUS_LUMBER_BHD_5197_THE_TREND_IS_YOUR_FRIEND.jsp

Waiting for the next qr results. Gangbuster numbers are expected.

The sifu Purebull in da house. Tambah lagi!

Oops.. 63c someone tambah nasi? Should have tambah more Ataims

Benny.. Didn't you get a hard on when it dropped half sen to 0.605 the other day too ? You were whooping and screaming in delight

I have a feeling that the IDSS players today are about to get destroyed again.

The shorters who went in today have been annihilated. They probably listened to a very outspoken mat salleh name here who has been very vocal but also very hopeless in his advice.

IDSS shorters usually get burnt more than they profit. I wouldn't be too concerned about them.

I'm reliably informed that there is no confirmation of any news so far. But the positives are Ataims have overhauled their labour situation, gotten rid of the illegals, and they are still actively engaging Dyson on U turn.

Banker is hungry today. Eating everything in sight like Pacman. Congrats those who ignored the naysayers and bought in more at low 60s

It's not the most wildest thing to happen if Dyson recontinues with Ataims come June 2022. Company is still actively talking to Ataims anyway I'm reliably told. The arrogant and short sighted Bala has been disposed of.

Gosh, shark just swallowed millions of units at 0.625. Perhaps they have collected enough at low 60 s. Let's see.

https://www.klsescreener.com/v2/news/view/932491

History has shown that investors who buy during a company's low point make the most money. As long as that company has a chance of a turnaround, unlike some fraud ridden company like Serbak. During the banking crisis in 2009, Citibank stock collapsed all the way to 97 cents. Citibank was on the verge of vaporisation at that point. Today the stock is worth around 60 dollars if I'm not mistaken.
Bad news is all priced in already for Ataims. It's all upside from hereon.

U just need to look at the directors gobbling up millions of shares in the past couple of weeks.

Yup investkl8, Bala leaving will have a huge positive effect. He was cocky and totally mishandled the labour issues. When u turn is negotiated (I'm reliably informed its under ongoing discussion but no conclusion yet), we will see multiple LU.

Big sharks have been collecting vigorously around the low 60 s after the retracement from 0.745. Bilis tickets are their favourite diet. The next big push will see the price close in on 0.90s or thereabouts.

Very lively discussion here with proponents mooting opposite views. As long as both sides keep it civil, there's no harm in it. Be it trolling or factless promotion for the sake of it is just time wasting.

OTB.. I disagree. No cap rule before was horrendous. This is a vast improvement.

Not a single technology pick there. The experts couldn't have picked the worst sectors even if they tried. Always go with what market wants.

BennyWhittman.. No worries. One of us will be right eventually . I would say the odds are in my favour but let time decide that.

Ataims loss of revenue next year has already been priced in. It has tumbled from a year high of 3.48 for God's sake and now at 0.60s.Its the equivalent of Air Asia at its lowest point during covid when its revenue was zero as Psai3alert mentioned. I don't see the downside now to be honest. Ataims won't be revenue less two years from now. That you can be hundred percent assured. Opportunity comes only once in a lifetime.

There will be announcement soon for the capping of the stamp duty to rm1000 rather than the earlier 0.15%. Big boost for the market in general coming soon.

Those who just look at revenue lost will never make money in the stock market. If you think Ataims will just shake legs and wait for the revenue to drop next year and do nothing then you are not made for stock investment. Opportunity to strike is now while the price is attractive. New contracts I better not talk about for now. Just watch the space.

Ataims was the downward multi bagger for 2021 but will be the upward multi bagger for 2022. Watch this space.

Nice and steady, Scope. Should be mid 30s by January.

This company will be securing new contracts very soon. Shortage of good oem manufacturers around will mean new opportunities for Ataims. The current price is a bargain.

Way oversold at this price. Collecting this week.

Highly profitable company and yet the price hardly moves. Totally frustrating counter to follow.

Nylex acquisition happening tomorrow.

This forum has become unbelievably toxic and uncivilised. I'm out of here.

Investing is a marathon not a two weeks thing. Anyway it's your money. Do as you please. I'm holding long term.

Ceo bought more ancom warrants this week. Next week will be interesting.

Thks1956.. If commodity stocks are seasonal only, how come pmetal has gone from 30 sen to rm6 in 5 years?

Comments here are laughable. Few sen down on so little volume. Hardly bearish.