Flbhd may drop a little bit due to that.. as far as i know, Hevea was having poor result too in Q2 but Flbhd turned around in Q2... we cant compare it like apple to apple as type of products and market or sector served r different... current price is still low... investors and potential investors might still observing if flbhd can maintain such profitability in Q2... but i dont think they expecting a result like Q2... perhaps a 6-8million will boost their confidence to hold it for long term already... any amt more than that will be a surprise.. an 8 sen dividend declared is a sign that the result will not be bad for sure....
Look at the historical announcement on closed period trading, looks like Q3 will be announced at end of the this mth... but so what, sure better than 2017 Q3.... sure better than 2017 Q4 and 2018 Q1...
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.
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.
FLB give 10 cents dividend this year, meaning they forecast at least 20m annual profit (based on their past years pattern). it should be around or more than 6m profit for Q3.
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....
Chrishau
66 posts
Posted by Chrishau > 2018-11-20 08:00 | Report Abuse
Must considered us market