yeah, it just started.... continuously 2 quarters of average RM10m each quarter... if maintain this kind of result, RM40m a year and EPS of 40 sen.... RM2.00 also sibeh cheap...
The average USD/MYR for: Q2 (April to June): rm3.92 / $1 Q3 (July to September): rm4.09 / $1 Q4 (October to December): ??? (expected to be rm4.15 / $1)
The key factors towards driving Focus Lumber profitability are: a) Average selling price in USD in the United States b) Quantity demand c) Sufficient logs supply
The strengthening of the USD exchange rate against the RM is a bonus. May refer to 2017, the USD is strong but Focus Lumber profits is badly affected due to insufficient logs supply.
flb buyback whenever it is below 1.6, even after ex-dividend.. already hinting you they are doing good in Q4. maybe upcoming quarters also hoseh lo.. now 1.6x still cheap to enter.
It is not a good thing company buy back its own The company is supporting the price not the business A company that can not expand the business keep buying its own shares is not healthy If buy back at 1.00 is good If buy back 1.60, then the director must be fired
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....
mkmk
1,514 posts
Posted by mkmk > 2018-12-01 11:22 | Report Abuse
Buy buy buy!!!!!!