On 24-Aug-2016, Mr K left below 5% of FLBHD shares. If he gradually sold since that time, now his shares on hand almost finished. I think this is the reason now management consider to share buy back so that won't let Mr K earn too much.
'Mr. Market ' could be extremely irrational, as someone targeting below 1.00? That will be a 100% fantastic chance to Buy! Wz its NCAV at 1.25 n its NNWC at 0.90, at present! NCAV is the stock floor value. NNWC is below floor value, that is probably the lowest, if there is market panic. When is the Chance..? Good luck!
shareinvestor88, TP 1.00.....where did you get the news? What's the analysis behind this? If after share split or Bonus 1 for 1, than very good......just want to know where the news coming from. I bought at RM1.61....naturally, I am worried when I see this kind of comments. Please advice.
It takes a lot of positive attitude to earn money from share market. People who wish to buy shares at depressed price usually dare not do it when it happens.
Volatility is Risk in Business School, but for value investors it is an opportunity. Don't invest in stock, if a 50% decline in price could cause you acute Distress. If you have no confidence in your investment and can easily influence by others, then you don't have an appropriate business or investing models, in your mind. Earnings, cash flow n free cash flow Stability for more than at least 5 years is crucial. Normal earnings growth of 9% should be okay, if strong growth will be an extra bonus points. Thanks!
Dividends are consolation prices! The important factors are Capital appreciation. Any quarter result wz an increase of above 20% y-o-y earnings, can has strong phycology factors influencing the demand for the stock. For FLBHD, its outstanding shares are lower than its peers, wz similar fundamental. So any increase of EPS above 20% y-o-y n above average CAGR growth rate if 9%, will be Bullish. Good luck!
Why I care about KYY buying or selling. Compare wz some super institutionals n sovereign funds, like BlackRock n Norway's sovereign fund, he is just a small fish in the ocean. Be broad minded, don't be like narrow minded people in some small narrow streets. Be Street Smart! Good luck!
Statement to Shareholders in relation to the Proposed Renewal of Shareholders' Mandate for the Authority to the Company to purchase its own Shares up to ten per centum (10%) of the Total Number of Issued Shares
Share buyback is one of the important criteria in my investment strategy. If company has extra free cash, wz no other business ventures opportunities, the management should initiate share buyback. It increases shareholders stakes, supports share price n increases EPS, inorganically. But the buyback should be around its book value n not overvalued buyback. Thanks!
Business Outlook FLB We expect the performance in year 2017 is sustainable based on current market condition. We anticipate that US dollar will continue its strong momentum and improving the profit margin of our products. We are anticipating improved demand for plywood from US in year 2017. We believe that the US recreational vehicle sector will continue to grow in the back of recovering US economy. Besides, our capital investment program focuses on producing different types and sizes of plywood, catering the needs from US market. Other than pricing, one of the key risks to continuing strong demand from US is the quality of our plywood. In 2017, we will continue upgrading our operations by bringing in new machinery to improve production efficiency and quality of our products
Business Objective and Strategies Our Group strives to be a high quality plywood producer in Malaysia. We are a CARB Certified Manufacturer with formaldehyde emission of our plywood below 0.05 parts per million. In our plywood manufacturing process, we also adopt the product standard for imported wood veneer and platform (IHPA “C 2000) “C by the International Wood Products Association, US (“IWPA”) and export standard specification of Japanese plywood. In order to maintain and enhance our competitive edge, our Group intends to further penetrate into existing markets. We will continue to expand our customer base in the US as we believe that, based on our current good standing in supplying plywood for the use by the Recreational Vehicles (“RV”) sector, we are in a position to procure more customers from the lucrative RV market in which our plywood can command better profit margin. Currently, approximately 60% of our products are sold to R V sector in the US. Apart from working towards improving the quality of our products and reducing our average cost of production per unit, our capital investment programme focuses on producing plywood of different length and expanding our sales in US market through the supply of this category of plywood. In this regard, we intend to install a new peeling machine in year 2017 with some modification to other existing machineries. By focusing on these few areas, we believe that the Group can continue to grow its market share in US’s RV sector, its revenue and improve the profit of the Group.
Kyy no more shareholding... Big fund oso no... How to go up? No big player.. Top 30 shareholders only hold less than 55% share.. Only smal small player... No way can go up
According to the latest annual report, as at 31.3.2016, EPF ranked No.7 in the top 30 shareholders with 1.566m shares. Few other institutional funds also for the first time be the top 30 shreholders including DBS Vickers and Philips Securities Pte Ltd.
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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....
villa1668
1,236 posts
Posted by villa1668 > 2017-04-06 13:58 | Report Abuse
No more waiting