first loss in history since listing, really challenging as guided by management in previous report.

superb performance, this is back to back quarter where its net profit broke new high.

inventory is now all time high at 54 mil. I expect them to clear stock when ship came.

They earned eps 1.75 sen and still dare to declare 1.0 sen dividend and yet u said they are not fundamental strong company?

-------------------------
RainT how come some in here can say FLBHD is good fundamental company ?

oh no …

judge from the sales and profit trend, already know FLBHD is bad company
27/05/2019 6:13 PM

"...there were no break bulk shipment in both February and March this year which were similar to a year ago."

Management mentioned that lack of sales is due to delay which condition is similar to a year ago. Looked back at last year, Q1 was only 185k, then Q2 last year earn back all the profit at 9.6 mil. It is merely timing issue.

actually at current low valuation, flbhd doesn't really need to earn a lot to justify anything. it is not like the share price have soared to RM3 like last time.

sad to see such a high earning power company still selling below NTA. Not many company can delivered 10 sen eps per quarter. If management is generous (hopefully, considering they increase their stake through esos), this single quarter earning alone is enough to give another final dividend.

this company is under appreciated by market. market seem to like company that earn 0.xx sen per quarter or few sen eps per quarter.

such a solid fundamental company, the only lacking is analyst coverage...too low profile...if analyst can cover, it can fly high..

1h performance is more than enough to pay 8 sens dividend....with this 11 mil profit in Q3, Flbhd is capable to pay 10 sen special dividend? all this is done without need to touch its huge internal fund...such a beauty.

impressive, very impressive. the best performer among furniture and wood counters..historical new high earning in single quarter...even better than 2015/16 period.

btw guys....my prediction for coming result will be definitely better in term of yoy wise but not qoq. Q2 9mil profit was a result of partial inventory from Q1. If we average out first half performance, each quarter should be 4.9 mil...I would be happy if FLbhd could delivers 5 mil and above.

Thanks yeekarwai, that was great info, beside that Taan also mentioned that first phase forest certification is completed. That will bring in more log supply to market.

Earning turnaround confirmed with 6.2 mil net profit achieved in Q4. Earning improvement momentum is building up nicely with QoQ up by 35%. The only complain I have if I need to put one up, I was hoping for higher dividend because they clearly capable to pay higher dividend based on their cash flow this year.

me too. still holding and add some yesterday. external factors are favorable to flbhd now.

That's why I said it is a surprise result. Looking back at external factor in Q2 (up until June), like supply issue, usd/myr exchange rate, there isn't any clear indication that turnaround will happen in Q2. Probably due to super good demand and selling price. 2nd half of the year will be interesting as external factor now turn favorable.

NTA breaks new high at RM1.68 per share despite consistently gave out dividend year after year. Hope the worst is over for FLBHD.

surprisingly good result. finally, we can see light in the tunnel.

earning turnaround in sight. that's why.

feimah, last year cash per share is 89 cent, this year is 96 cent.

https://sg.news.yahoo.com/shafie-bans-export-sabah-logs-062649346.html

Finally, some measures to help sabah local industry.

Big liar.

Posted by Mastermind Aeric > Dec 30, 2017 11:38 AM | Report Abuse

Insider told me This year no divided

what analysis? insider analysis again? thought your insider said no dividend? Aeric the big liar.

this round lin hao yu himself also buy. good to see that.