Flbhd is not an ordinary company with enormous cash in hand only, but also very generous in giving dividend back to shareholders in the past. We will see how this coming quarter result
waaa... hng33 sifu sailang, I must buy some oso, too bad no mani liao, just can buy a bit. wait later i see can sell others shares that is making profit and lazy to move
The important is the trend is in favor to all export stocks, USD vs RM 4.42 therefore, invest in export oriented stock have great margin of safety with limit downside, but great upside potential with even better q result forward.
Wtk for both upstream log and downstream plywood exposure, fl for downstream plywood exposure, jtiasa for CPO exposure and latitude for furniture export to US exposure. These export stock are feature with high net cash level except for jtiasa
"""Decrease in revenue was mainly due to lower sales volume in current quarter as a result of late arrival of vessel departing to USA at the end of September 2016."""
sounds to me like management lbame earth blame sky...
Lower revenue Nd profit mainly due to late arrival vessel depart to USA!!? First time encounter such reason ......it also imply the bulk of earning in Q3 will be pool together with Q4 and profit will drag till next Q4 to be recognized altogether.
Its good for company fundamental as Q3 product drag longer, it allow for can realize profit for higher USD rate in Q4. Therefore, next Q4 result will have strongest.
In short, share price no good for short term, but will excellent in next Q4
Late arrival vessel to depart to USA have double sword impact. It negatively impact Q3 result as bulk of product cannot recognized in Q3, therefore affect Q3 financial profit.
But, its good in another aspect, these is due to Q3 USD exchange rate is lower than Q4 USD rate.
Therefore, it allow company to take advantage on current US higher rate, and these Q3 product will lump together in current Q4 product to be recognized altogether at higher exchange rate in next upcoming Q4 result.
Look like....wait for Q4 loh....!! Target still Rm 2.00 for the year mah...!! But if there is a big selldown....start accumulating at Rm 1.60 & below loh.....!!
If you sell a power bank. You receive order and record sales base on that date you deliver goods or the date that you date goods arrived to your customers. Anyway, acceptable in reporting standard to hide profit this way :D
So Please sell
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
popo92
578 posts
Posted by popo92 > 2016-11-21 11:12 | Report Abuse
Flbhd is not an ordinary company with enormous cash in hand only, but also very generous in giving dividend back to shareholders in the past. We will see how this coming quarter result