USD-RM
31 Dec 2015 = 4.29
31 Mar 2016 = 3.89
22 May 2016 = 4.07
Expect forex gain for 2nd quarter if exchange rate is higher than 3.89
FL Has no debt . NeT cash increased from 75m to 88m or 85c per share.
Strong free cash flow. The forex gain or loss is due to trade receivables and cash in foreign currency.
My 2c opinion. Plz dont scold.

My 2c opinion. Plz dont scold me.

USD - RM
31 Dec 2015 = 4.29
31 Mar 2016 = 3.89
22 May 2016 = 4.077
Will have forex gain if on 30 june 2016 the exchange rate is higher than 3.89
To assess better is to look into the revenue growth and gross profit and free cash flow.
The forex loss is due to trade receivables and cash held in foreign currency. FLB has no debt at all esp in foreign currency

Both net cash and free cashflow are important.

Net cash 88m , 85c per share net cash. USD stronger now.
Correct i wait below 1.50

FY 2015 free cash flow 33m. 1st qtr 2016 FCF 10mm.
Purchase of PPE only few million. Strong free cash flow

103.5 m shares x 2.34 = 242m - 88m cash = 154m

Read up on Enron story. On profit and cashflow.

Remember Enron

USD has strengthen thus forex loss i think will be reversed 2nd quarter. Important is the strong free cash flow which increased net cash from 75m to 88m.

Forex loss 3.5m park under other expenses.
QTR end Dec 15 - forex gain was not park under expenses or gain.
park forex loss under expenses ?
Pls note net cash increased from 75m to 88m.

On 31st March 2016 USD-RM 3.89. Now 4.08

FCF 16m. Net cash 62m n investments 26m = 88m cash.
USD now stronger ....

Adam thought u say bye bye ?

Going up on low volume means not many sellers as many view this as undervalued

How about other export stocks ?

LiiHen 90m net cash , no debt , last 3months end Dec 2015 net profit 18m.
FL net cash 75m , no debt , EPS 30c for 2015 PE 8x

How lah so far ???

Dear rosmah the..AGM will be held in sabah. Mr K is going ?

Share price range feb-april about 2.05-2.60

Dear younginvestor how to come such Fair value ? DCF value ?

Important is FOCF , profit and net cash in balance sheet

FLB has net cash RM74m. EPS 30c. PE 7x and much lower <5x ex-cash.
Export > 90% to US. The revenue and profit has improved from 2014 to 2015. No forex gain mentioned.

Can you elaborate on the above ??

4.03 as of current time

PE 7 , net cash 75m , strong FCF , export to US , USD - RM 4.0
Think logically

I meant switching from VS and Latitude to other counterz eg FLB , LiiHen , ChinWell

All are making increasing profit n in net cash

I think he is switching to FLB LII HEN n ChinWell

I suspect He is switching to FLB , LiiHen and ChinWell. All 3 stocks are in accumulation mode.
FLB Has 73m cash. All 3 stocks are cash rich n making increasing profit.
Yes ur right slts i shall park my buy quote at 150

KYY holdz 6m shares plus. Unlikely he sold as FLB has only 103m shares and if he indeed is selling the share price will be pressured down.
Cannot compared with VS - highly liquid stock

Dear probability why is good news for FLB ?

KYY is a major top 30 shareholder - see AR 2015

He is a majorshareholder in FLB and LiiHen. LiiHen went up today. FLB seems to be in collection mode from 2.10 to 2.15

Btw is there wifi there

Mulu cave is near sibu sarawak

USD 4.02. Good for export

Dear faye usd crossed 4.02. What export stocks to buy ?

Dear godinvest what export stocks to buy ?

Ptg tin nta is 2.00 ?? Correct ?

Is innoprise a value buy ?

Dear Calvin thank u for this article. What do u think of Innoprise plant ?

How about AR 2012 - 2015 ?

Net cash 180m . Treasury sharez 20m x 7.00 = 140m
320m ÷ 190m = 1.68 cash n liquid asset per share

Very good results. Net cash almost RM1 per share. EPS potential 80-100c.Strong FCF.

How to find out Mr Kyy owns a bit ?

Similar company using your criteria and not noticed yet eg IQ bhd

Both FL n WTK have good potential Lets see which one moves up...

Magnitech - same thing , selling of its shares by major shareholder. Despite this the share price kept on going up

Canone is asset rich with potential in its FnB division n KJ 32.9pc stake.
Superlon is also a good company.
Other well managed small caps - FL , chinwell ,IQ , LiiHen etc