2020 is Japan organizing the Olympics. Plywood demand should increase from Malaysia.

Thanks for elaborating.

Meaning that for expansion plans in future,it has to increase its CAPEX which may eat into its FCF. However with its so much cash that it has currently, I think FLBhd can grow aggressively.

High ROACE means their management is efficient, am I correct Desa?

This company is cash rich of RM 180mil with minimal borrowings. I belief it is still on expansion mode and able to pay out dividends and bonus for another 1-2 years.

Also FYI, the minimum wage is only for Peninsular Malaysia. FLBhd is Sabah based and its plywood production and manufacturing will not be affected.

Good write up Ben Gan.

Another stock comparable to FLBhd is Liihen which possess cash of RM 120.4mil in cash and FD with a borrowings of just RM 6.9mil. The cash yield of LiiHen is 18% much more than our banks FD.

Plantations i prefer WTK and TAANN still. JTiasa the profit and revenue are unstable.

@muscle : i pity your parents have a son that have poor PR and do not know how to behave in public.

Agreed, this is the herd mentality which is difficult to be removed from the brain cells currently of all the panic makers. They simply sell despite the cheap price of a stock and valuations of it. They are shortsighted by equalling forex = net profit.

I belief Magni will shoot up on Monday. And Amanah raya will continue to accumulate this stock to be their next dividend cow. I hope Magni will be listed as blue chips of KLCI one fine day. :)

Liihen is no brainer investment stock. Only true value investors can appreciate the price drop.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=M&securityCode=7087

@ muscle : pls get your facts correct before commenting. Revenue was up 36% and Net profit up 20% vs preceding quarter. Not enough?

The CEO of Magni really walks the talk. He had told me during the AGM last year that the company will stay profitable and to continue giving the shareholders sweets.

I will hold on to his words and accumulate more shares in Magni for long term returns.

The revenue increased by 36% vs previous quarter contributed by the garment manufacturing arm mostly. Net profit up by 50% vs previous year. Judging by this , i belief next quarter will still be good for Magni as demands are increasing in the US and Vietnamese productions are producing fruits.

Looks like 2016 will be the year of plantations. Stock pick of mine will be Ta Ann, WTK and SOP.

Huat ahhh!!! Net profit up 50%, IV RM 5.92, Cash yield at 4.9%

happy with it

thanks weng77

weng77 : where do u see live CPO prices?

started to move already..this stock has CY of 25% which is 6X more than our standard FD...what a no brain investment for long term!

good good

U cannot compare an orange to a lemon...They are diverse in business.

I am waiting at 2.10

This stock is a no brainer investment. Buy on weakness.

Cash cow with a cash yield of 18%! 5 times much better than the Bank FD rates!!

Cash yield of 12%...so good!

Cash yield of 9.2% for Chinwell which is almost double than current FD rates. its a no brainer investment!

I am impressed with the CEO of Karex Mr Goh at Bursa Open Day in KL in which he talked about the expansion and growth of the company. I am intending to invest more in Karex and currently had held some shares in it since mid 2015.

I already have Pohuat. My cost price is < RM 1.00 after the share split and warrants.

good stock

Yes it pays twice dividends per year. 2015 it pays 5.8sen of dividends. I only concentrate on FLBhd Liihen and Chinwell for now

Yup it is....hope will continue to perform well. I am optimistic about this stock. Certainly it is not a papaya related stock :)

Buy opportunity if < 2.20.

Continue to huat

Do u own this forum, muscle?

This coming May will announce a 10sen dividend if the results are good.

Buy papaya related counters is the best :)

Tonight Yellen will give her speech....

Good good

I am anticipating a bullish breakout soon for Liihen

USD 4.17472 now

Good good

Good good....multi year high again

@ muscle : Whether I am around or hiding that is none of your business. Not posting in blogs doesnt mean i am hiding. Unlike you simply write nonsense and make people hate and curse you.

@ probability : the name tongkosong already self define it.

@paperplane : each one has their own way of presenting their TP. Whether fail or success does not have any gravity as long as one have the ability to do it. But Its better than you to be a barking dog over a tree simply criticizing people here and there.

good performance today. I am so happy

already sold HHGroup at 82sen and Latitude at 7.50-60 before they came dropping down.

Koon2 had sold all his shares in KESM.

cup and handle formation

When is the FOMC meeting?