Posted by VenFx > 2021-05-17 17:42 | Report Abuse

I like most Calvin sifu s articles recently.

Very informative

Posted by calvintaneng > 2021-05-17 20:05 | Report Abuse

VenFx I like most Calvin sifu s articles recently.

Very informative
17/05/2021 5:42 PM

TYVM

Today due to Middle east unrest which is so faraway KLSE more than 1,000 stocks sold down in panic

GREAT TIME TO BUY!!

https://www.google.com/search?safe=active&sxsrf=ALeKk01DapisASwbtFvRJlzearuzpkMr8g:1621253095027&source=univ&tbm=isch&q=tell+you+a+secret+be+greedy+when+others+are+fearful+warren+buffet+images&sa=X&ved=2ahUKEwjK0Ma21tDwAhVBWH0KHe4CBa8Q7Al6BAgDEAs&biw=1375&bih=644#imgrc=ht2Yg2obnyrqbM

Posted by calvintaneng > 2021-05-17 20:42 | Report Abuse

Hahaha!

What is that hidden gem?

Cash is over Rm1.00

Net net assets is Rm2.49

Selling at less than 75 sen?

Only one person whatasped to ask so far ?

Posted by Fabien _the efficient capital allocator > 2021-05-17 20:55 | Report Abuse

Focus Lumber

Posted by calvintaneng > 2021-05-17 22:03 | Report Abuse

No. Not Flb as it is doing specialty plywood for RV(recreational vehicle )

Posted by kelvin61 > 2021-05-17 22:20 | Report Abuse

@ calvintaneng. The answer is simple. It's EKSONS CORPORATION BERHAD.

Posted by LaoTzeAhSir > 2021-05-17 22:53 | Report Abuse

Dominan

Posted by yenhan > 2021-05-17 23:04 | Report Abuse

How about Minho..?

Posted by calvintaneng > 2021-05-17 23:22 | Report Abuse

The correct answer is Eksons

Eksons has these

1. Cash and cash equivalent of over Rm1.00

2. Net assets of Rm2.49
Net assets consist of Lands in Serdang
Shops called The Atmosphere of which one Mrt station will be there

3. Plywood export to USA.

Eksons is very undervalue

Posted by densim > 2021-05-18 01:20 | Report Abuse

The Lumber prices refers to US Lumber. The Lumber there are mainly Spruce Pinewood which are plantation logs.In Malaysia (Sabah/Sarawak)the Timber are from Natural Forest.The main spp are Meranti, Kuring & Kapor often refers to South Sea Logs. The main buyers are Japan and India. The prices are nowhere near to USD 1,600.00.The info is totally erroneous.

Posted by densim > 2021-05-18 01:25 | Report Abuse

This is more accurate quoted in RM...https://www.indexmundi.com/commodities/?commodity=hard-logs&months=12&currency=myr....

Posted by calvintaneng > 2021-05-18 07:14 | Report Abuse

Densim

For Malaysian logs Govt impose restrictions on log exports for the purpose of value add in down stream saw timber and plywood processing

Prices of Logs & plywood export to India & Japan have not yet play catch-up as in the US yet but time will come as our world is small. So it is a matter of time

You must remember that even in the US the entire lumber industry was in a range bound price of around USD200 only for a 20 year long perion

Read again

As you can see in the chart below, lumber prices have moved mostly sideways over the past 20 years. We saw a big spike last year, though, and prices have remained higher. These increased prices are leading to higher sales and should help lumber companies grow.

Read one more time in BOLD PRINT

"AS YOU CAN SEE IN THE CHART BELOW, LUMBER PRICES HAVE MOVED MOSTLY SIDEWAYS OVER THE PAST 20 YEARS"

THEN?

WE SAW A BIG SPIKE LAST YEAR, THOUGH, AND PRICES HAVE REMAINED HIGHER.

Why the change?

IT IS DUE TO COVID 19 LOCK-DOWN AND THE NEW DYMANIC CHANGE OF WORKING FROM OFFICE TO WORKING FROM HOME (OFFICE)

Posted by calvintaneng > 2021-05-18 07:22 | Report Abuse

Now since only in USA there is a titanic shift of Lumber & Plywood demand (of course they will use soft wood first) When Soft wood prices fly up the sky hard work (if still so cheap) will be the alternate wood by default

Same co realtion happen to Palm oil & soybean oil

Palm oil has been in the doldrum since 2015 to 2020 for 5 years after the 2012 - 2014 price spike. It was the rise of Soybean oil that pulled up Cpo prices in tandem

So is the export of Wood Products to USA especially plywood now

And in Jtiasa website they mentioned USA is one of their export markets. TSH through Ecowood also export to the USA. And Eksons export plywood directly to the US

So look for Timber companies that have a direct or indirect exposure to America best.

Even now the Americans are going to Europe to source for wood
https://www.latimes.com/business/story/2021-05-12/lumber-prices-rising

So the new found boom in lumber wood is now spreading

Posted by calvintaneng > 2021-05-18 07:34 | Report Abuse

FOR 20 YEARS LUMBER PRICES RANGE BOUND FROM USD160 TO USD240 ONLY

Why then Lumber prices are surging up?

Answer:
Due to Covid 19 lock-down there is a Titanic shift from working in expensive city to less pricey suburb which unlock cash for renovation & addition of more space for "office" in home

In time past 50 to 100 people go to work in an office. Now they work from home - so there will sprung up 50 to 100 new "Home office"
THIS WILL CAUSE THE NEED FOR LUMBER LIKE NEVER BEFORE

IS THIS A PERMANENT STUCTURAL CHANGE OF SOCIAL BEHAVIOUR OR THE NEW NORMAL?

Posted by densim > 2021-05-21 01:58 | Report Abuse

I do not understand why you fwd prices of US Lumber when you're refering to Malaysia Timber companies. The picture you fwd is rosy for those counters like Taan, WTK, Jaya Tiasa etc....Not only US Lumber Prices has no relevance here, I also defer from your rosy picture of these companies. Sarawak Govt has changed policy ( cant remember how many yrs ago). B4 export of logs is 50% of production. This is more lucrative than selling local. It has since reduce to 20% a major set back. This not the end, local Cess was at the same time increased by 400%. The downstream activities are suffering financially. Sarawak timber has been over harvested and now has great problems with resources to fullfill their eg plywood mills.
These cos' can stay afloat bec their Oil Palm Plantation are covering their Timber Operation. The days of export log prices of USD 300+ pcm is long gone, USD250/270 is the new norm.

Posted by calvintaneng > 2021-05-21 08:54 | Report Abuse

Our world is inter connected

And these companies export wood products to USA. JTiasa, FLB, Ecowood of TSH, Eksons & others

Many of them export plywood, sawn timber & other wood products

So USA price rise will sooner or later benefit them in their exports

The same co-relation why Malaysia Glove companies did well due to USA covid 19 spike last year

So must SEE the overall future

https://toronto.ctvnews.ca/high-lumber-prices-to-remain-through-2021-forestry-expert-says-1.5393879