tksw sifu knows too well because he buy 100 units each time.... no wonder lah ! :)

Seems some people are determined to press the price down.....I hope that I am wrong! Hope that it's just market forces

star performer, you really made me laugh! LOL

LIIhen Latitude good results also down after announcements. FLB no exception. In this counter just new but smell a lot of fireworks smokes.... haha!

Those who bought this shares b4 also don't know what are the reasons leh...... don't know if they had business sense leh..... aiyoyo..... so confused leh.... so many sifu here talk a little bit and don't tell all leh.... what are the shares in KLSE that are good for small flies like us to buy leh.....

tksw sifu talks FLB up..... there are dozens out there who talk FLB down...produced biased and incomplete analysis reports.... hahaha! Seems there are 2 camps here.... like politics lah ...hahaha!

年份。 营业额。 毛盈利。 毛利率


2012 RM132,803,000。 RM30,586,000。 23.3%
2013 RM147,208,000。 RM35,383,000。 24.03%
2014 RM150,419,000。 RM38,971,000。 25.9%
2015 RM180,733,009。 RM56,162,000。 31.07%
2016 RM201,476,000。 RM53,258,000。 26.43%

5年平均毛利率是26.146%

本季度29%毛利率，本年度26.43%是不错的。特别是2016年7月1日，已经强制实行最低薪金制。富佳又是人力生产企业，拥有近千名员工。

净利率进一步下跌是因为本季度缴了RM2,367,000税，比较去年同季度只缴RM1,094,000

全年税务是RM6,076,000,比较去年RM4,595,000

公司生意没有问题，还是稳健的成长。。。今年购入新机械，制造各种市场所需不同类型，各种尺寸的产品，可期待更高的营业额与盈利。。


仅供分享。。买卖盈亏自负。。。

Year. Revenues. Gross Profits. Gross Margin

2012 RM132,803,000。 RM30,586,000. 23.3%
2013 RM147,208,000。 RM35,383,000 24.03%
2014 RM150,419,000。 RM38,971,000. 25.9%
2015 RM180,733,009. RM56,162,000. 31.07%
2016. RM201,476,000。 RM53,258,000. 26.43%

Revenues continue to grow in 2016 by 11.47% over 2015 from RM180,733,000 to RM201,476,000. Gross profit reduced due to implementation of minimum wages by the government from 1st July 2016. The business is labour intensive and the company has close to 1,000 staffs.
However, over the years,revenue grew from RM132,803,000 in 2012 to RM201,476,000 in 2016. An increase of 51.7% whereas the gross profit grew from RM30,586,000 to RM53,258,000, an increase of 74.12%

Isn't this a growth stock as well ?

And then FY16, the tax rate is higher than that of FY15

The gross profits which do not take in forex gain or loss is a better indicator of profitability

Fy15 net profit is distorted as there is a Forex gain of RM7,042,000 whereas FY2016 a loss of RM1,256,000

Moreover, from 1st July Government implemented minimum wages policy and FLB has about 1000 workers.

Year. Revenues. Gross Profits

2012 RM132,803,000。 RM30,586,000
2013 RM147,208,000。 RM35,383,000
2014 RM150,419,000。 RM38,971,000
2015. RM180,733,000。 RM56,162,000
2016. RM201,476,000。 RM53,258,000

Revenues continue to grow in 2016 by 11.47% over 2015 from RM180,733,000 to RM201,476,000. Gross profit reduced due to implementation of minimum wages by the government from 1st July 2016. The business is labour intensive and the company has close to 1,000 staffs.
However, over the years,revenue grew from RM132,803,000 in 2012 to RM201,476,000 in 2016. An increase of 51.7% whereas the gross profit grew from RM30,586,000 to RM53,258,000, an increase of 74.12%

Isn't this a growth stock as well ?

Year. Revenues. Gross Profits

2012 RM132,803,000。 RM30,586,000
2013 RM147,208,000。 RM35,383,000
2014 RM150,419,000。 RM38,971,000
2015. RM180,733,000。 RM56,162,000
2016. RM201,476,000。 RM53,258,000

Revenues continue to grow in 2016 by 11.47% over 2015 from RM180,733,000 to RM201,476,000. Gross profit reduced due to implementation of minimum wages by the government from 1st July 2016. The business is labour intensive and the company has close to 1,000 staffs.
However, over the years,revenue grew from RM132,803,000 in 2012 to RM201,476,000 in 2016. An increase of 51.7% whereas the gross profit grew from RM30,586,000 to RM53,258,000, an increase of 74.12%

Isn't this a growth stock as well ?

FOCUS LUMBER 富佳木业

看趋势必需看大数据与大方向。不可以看片面。
2015年与2016年，马币汇率动荡。2015年公司在Forex Exchange汇率赚了RM7,042,000。但是却在2016年亏了RM1,256,000

2015年与2016年汇率上的盈亏，大大地影响了净利。看公司的业绩，看她的营业额与毛盈利，就比较清楚。

富佳木业年营业额与毛盈利，如以下表列:
营业额 毛盈利
2012:RM132,803,000。 RM30,586,000
2013:RM147,208,000。 RM35,383,000
2014:RM150,419,000。 RM38,971,000
2015:RM180,733,000。 RM56,162,000
2016:RM201,476,000 RM53,258,00
2016年7月1日，我国政府实施了最低薪金制。
2016年的毛盈利率是26.43%
2015年的毛盈利率是31.07%
富佳木业是劳工密集的生意，公司有约千名的雇员，毛盈利在劳工成本上升之下，只微跌4.64%。营业额增长了11.47%至RM201,476.000

公司领导层已经宣布，斥资购买机械，以制造更多不同尺寸大小与类别的产品，以供市场之需。本年度，更高的营业额成长与盈利是可以期待的。

营业额从2012年的RM132,803,000,增长到2016年的RM201,476,000，4年里增长了51.7%
实质毛盈利也从2012年的RM30,586,000,增长到2016年的RM53,258,000, 4年里增长了74.1%

明显的，这是一只长股。
2016年7月1日实施了最低薪金制，提高了成本，拉低了毛盈利。不过，营业额成长了11.47%
公司拥有很诱人的现金流与股息。
是一家零负债的公司。
至2016年12月31日，每股净现金89.69仙。
2016年每股净盈利18.59仙
2016年派发了中期股息每股6仙

她不但安全，有长期长期成长的记录。

以上分析，仅为分享。任何买卖盈亏，一概与本人无关。

Credit to equity engineer

http://klse.i3investor.com/blogs/FocusLumberBHD/114392.jsp

stockraider, fully agreed! It is a great value stock!

Plywood is raw materials...... not finished goods and it's raw materials that US doesn't have... no worries!:)

It did reach RM3 and beyond! Even it is already history! So never underestimate a stock's potential. It can reach there again. Every dog has its days! There are a lot of comfort holding this stock at the current price and feel safe. There are many dead ducks in there and many lost money on this stocks before and some with paper losses. These however would not make the stock less attractive. I am just a freshie in this stock, less than 1 week old. My 2 Sen worth of opinion. Hahaha! Good luck to all!

Hahaha! Good Performance for today! Today 1.675million share due T+3, price ranging from 1.69-1.74 Tomorrow onwards no much selling pressure lor.... Today buyers are all value investors lor. Those who buy on announcement of results are and those who speculate would have sold liao!! Slow slow go up is good! Slow and steady! Value investing is like watching paint dry and watching grass grow ma! Not fly by the night sort of stuff! Hahaha! :)

Someone is laughing... put up 88,800 shares to sell at 1.71! Someone pls go and sapu! It's only 88,800 and not 888,000. :)

Crabs crawling out, catch and steam. Go with XO! Haha!

tksw sifu, you don't pretend lah... as far as FLB, I am the one barulai woh! Haha!

Accumulate KAOKAO! Later fly high high!!! :)

There are people who hatred this stock and most probably they lost money in it.... so pathetic!

It did go up to above RM3 in January 2016! Hahaha @

This co never practice paying dividend every Q. I don't understand why so many expect dividend in this Q. Last Q already paid dividend. .... Earlier Q, profit not so good mah.... But if pay more dividend share price sure go up lor.... better still if every year profits increases, pay more and more dividend! Then people will realise the power of value investing.

Punters will perish in the stock market. Value investors will prevail. If you don't believe, just get hold of your remisiers and ask ! Good Luck to all!

It did go up to rm3 at the end of 2015! Didn't you look at the chart! History may repeat itself!

Makan kenyang kenyang nanti tolak kencang kencang! Bravo!

More than 50% volume done at 1.70! Penggoreng collecting! No? Then must be fund managers Lah! Cannot be those punters lor! Hahaha!

KESM at many a time, the cash per share is higher than the share price and every year only paid 3 Sen dividend, today what is the share price of KESMI! ? Haha! FLB paid dividend with a yield better than Bank FD! can be much more if another dividend is forthcoming! But is this the only criterion to judge the share? My 2 Sen of opinion. Hahaha!

In KLSE there are more punters than serious investors. Many punters perish over a period of time only those serious investors prevail....hahaha! Don't be distracted by those punters! FLB is not for punting! hehehe! :) Stay invested!

6 sen dividend ex on 29th Dec 2016. Since listing, every year paid dividend at least 6 Sen.... No good Kah?

tksw, you are the real SIFU and Daiko pretending to be a newbie! Haha! I think you are controlling....:)

Malaysian retailers sell on news (announcements of results) and buy on rumours. Hopefully, the price will move up steadily..... I don't believe all fund managers have not spotted this counter and be attracted to it.... Now as of Dec 2016, Cash per share is almost 90sen.... By the end of the year, cash per share would likely be RM1.00 EPS at least 20sen.... crazy people keep selling at 1.70!! :)

Today likely all retailers selling! Hopefully fund managers are buying! :)

Shaking out all the short term players for small gains..hopefully steadily ascend thereafter....:)

This share when spotted by fund managers, just imagine lah.... :)

Don't forget the cash / cash equivalent which is more than 85 Sen per share now. Share Price= Cash per share+ PERx EPS. :)

Full year revenue RM201.476millions compared to last year full year revenue of RM180.733millons, 13% annual growth in revenue. Compare profitability on gross profit and less the forex gain/loss, gross profit for FY2015 was RM28.9millions and this FY2016, it is RM27.95millions!

With the new machinery and equipment the company can produce different types and sizes of plywood, revenue will grow again. The future is bright especially with Trumponomics where there will be very much more fiscal spending and the demand for plywood will escalate.

Cheers! :)

Excellent results for the final Q and future prospects are bright and the management is optimistic! Couldn't ask for more !!! Just sit back and relax and let the management do the job! :)

Bought so many pieces of land .... transforming to be a property developer from construction contractor.....

Opportunity coming again..... haha!

Credit to Ricky YEO. Post it here lest you forget! :)

http://klse.i3investor.com/blogs/JTYeo/109560.jsp

Down a few sen, already want to cry? Luckily no tears! Hahaha! :)

Accumulate..... see if any selling pressure from the lot transacted last Friday due on Wednesday...the final Q results announcement is near ... haha! Remember 85 sen cash or cash equivalent per share.! .:)

Despite today down 2 Sen, uptrend since mid December last year is still intact and Daily MACD remains positive..... :)

consistent seller from 1 Single broker last Friday and today another broker as main seller at 168 initially...as of today, the main seller might have exhausted as selling became sporadic....54900 shares @167 on board buying at closing.... sellers seems taper off.... stay strong! :)

Consistent seller from same broker no more.... sporadic sellers at 168 167...till one different seller threw at 1.68... added at 168 and 167.... :) never say die! Haha!

Balvin71, the sellers didn't read your posts, they will regret after they read it..LOL! :)