agreed with @2721. If you believe in the company fundamental just invest. Mr Lin has been collecting at low, maybe at 1.28-1.58. Selling at 1.70-1.86 will be good for him to take this money for a short getaway,haha.
Just my two cents, management did said they are facing supply shortage problem in last quarter report. will this impact flbhd coming result, just like evergreen? couple with director selling ahead of quaterly result, i think it may be wise to be cautious for the time being.
no worry short term yes long term beli lah... before beli baca annual report n quarterly report... n do some understanding on their product range... plus balance sheet loh...ok bo dun see chart... use chart as buy entry... ho seih boh..
Bad results. Supply issue....no logs....have to buy from others, will cause margin to go down, customers will look for other supplier if FLBHD cannot supply.....outlook looks horrible!!!
Probably is a known insider fact that FLBHD cud not sustain its profit as the previous Taiwanese director resigned and sold chuck of his shares a year ago. Time to leave this counter and focus on others that can generate us more near term income.
Up to date, the total net profit is still more compare to last year. today sell might be due to 'panic selling'. Personally i will hold on since its not that they incur losses just decrease in quarterly profit. If 3rd and 4th quarter they can maintain, then its fine. And they do pay good amount of dividends.
I am still holding. NTA per share increase to 1.64. Like Jordan Lim said, still profitable and wait for dividend. Was thinking of adding somemore.....but decided to wait till selling stabalize. Current price is about my average cost.
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Posted by Jordon Lim > 2017-08-10 11:26 | Report Abuse
agreed with @2721. If you believe in the company fundamental just invest. Mr Lin has been collecting at low, maybe at 1.28-1.58. Selling at 1.70-1.86 will be good for him to take this money for a short getaway,haha.