Posted by yfchong > 2023-05-18 23:16 | Report Abuse

yah below rm 0.5 can set in

Posted by firehawk > 2023-05-19 22:23 | Report Abuse

1Q23
The Group reported operating loss in current quarter as compared to operating profit a year earlier. Loss before tax of the Group was RM2.05 million, versus profit of RM9.66 million recorded in the prior year period while loss after tax of the Group was RM1.22 million, compared to profit of RM7.40 million in the prior year period.

Prospects for the remaining period of current financial year
RVIA reports wholesale shipments remain low compared to 2022, though the volume is starting to rebound. Production of RV was at record high levels in the beginning of the year 2022, so volume feel even lower than what they are in relation to historical trend. However, our US customers have started placing orders although the order volume is still low as compared to a year earlier. Price of plywood had declined much compared to its peak in previous year but it seems that bottom had been found in the first quarter of the year 2023.

Posted by yfchong > 2023-05-21 09:41 | Report Abuse

Habis liao below 0.495

Posted by UnicornP > 2023-05-21 10:07 | Report Abuse

Last year they made a lot of money maximum also 70c nia😅

Posted by balvin71 > 2023-06-21 23:36 | Report Abuse

US housing starts unexpectedly surged in May by the most since 2016 and applications to
build increased, suggesting residential construction is on track to help fuel economic growth.
Beginning home construction jumped 21.7% to a 1.63mn annualised rate, the fastest pace in
more than a year, according to government data released Tuesday (June 20). The pace
exceeded all projections in a Bloomberg survey of economists. Single-family homebuilding
rose 18.5% to an 11-month high. Applications to build, a proxy for future construction,
climbed 5.2% to an annualised rate of 1.49mn units. Permits for one-family dwellings
increased.
The increase in starts from a month earlier was the biggest since October 2016 and reflected
gains in three of four US regions. Starts of apartment buildings and other multifamily projects
jumped more than 27%. The number of homes completed increased to a 1.52mn annualised
rate. The level of one-family properties under construction was little changed at 695,000.
(Bloomberg)

Posted by yfchong > 2023-06-24 23:36 | Report Abuse

see see ada harapan ke ? Waiting for next surge

Posted by balvin71 > 2023-06-26 09:32 | Report Abuse

Lumber futures surged above $550 per thousand feet, their highest since early February driven by supply disruptions and strong demand as the summer construction season approaches. In Canada, record wildfires have ravaged approximately 4 million hectares of timber since June 6th, even before the start of the official fire season. As a result, sawmills have been forced to shut down, leading to substantial disruptions in the forestry industry. Meanwhile, in the United States, housing starts unexpectedly jumped by 21.7% month-over-month in May, reaching a seasonally adjusted annualized rate of 1.631 million. This surge indicates a promising recovery in the housing market, which had experienced a slowdown due to factors such as high mortgage rates, elevated prices, and tighter lending conditions. The scarcity of existing homes in many markets has contributed to the growing demand for new construction, even in the face of higher interest rates.

Posted by balvin71 > 2023-06-26 09:42 | Report Abuse

USA RV sales in have also been ticking upwards. Total shipment in Jan 20,405, Feb 26,326, March 31,869 and April 31,216. May figures should be out this week.

Posted by geary > 2023-06-26 19:10 | Report Abuse

FLBHD:
1. Cyclical consumer products earnings/dividend growth #3.6%. Normal GDP or average 10Y bond rate.
2. Good Financial Leverage for manufacturer, but average Asset Turnover n Net Margin.
3. ROE>WACC.
Intrinsic Value: +/-@0.50.
Added!?

Posted by balvin71 > 2023-06-28 08:16 | Report Abuse

May RV shipments in US 30,919 units

Posted by geary > 2023-06-30 00:40 | Report Abuse

What is the fastest growing RV segment?
1. The camping community is no longer comprised of senior citizens and baby boomers.
2. Instead, the fastest-growing segment of new campers is Gen Zers and Millenials.
3. Since the start of the Covid-19 pandemic, more people than ever have been hitting the open road to head out on camping and RV vacations.
4. RV can be rented at much cheaper rates, as more Zoomers are renting for outdoor lifestyles.
5. Maintain Hold!
Right Business, Right Management n Right Price!?

Posted by yfchong > 2023-07-01 08:12 | Report Abuse

anything below 0.50 is a bargain yeah

Posted by Solidcross > 2023-07-25 11:58 | Report Abuse

good value to accumulate for coming US market recovery

Posted by balvin71 > 2023-07-30 21:17 | Report Abuse

Lumber futures extended losses to below US$520 per thousand feet, the lowest in six weeks driven by concerns about weakening demand, despite a decrease in supply. Housing starts tumbled 8% month-over-month in June reaching a seasonally adjusted annualized rate of 1.434 million, following a downwardly revised 15.7% jump in the previous month. The scarcity of existing homes in many markets has contributed to the growing demand for new construction, even in the face of higher interest rates. Still, shipments from Canada, the US's biggest supplier, are expected to decline after wildfires have led to a record-breaking 9.2 million hectares of forest burned so far this season. This comes on the back of production cutbacks in British Columbia and a slowdown in European wood shipments.

Additionally, June RV shipments tumbled to 24,095 units. A decrease of 46.4% compared to June 2022. Bringing YTD shipments down 49.2% to 164,830 units.

Have to be patience a while longer.

Posted by balvin71 > 2023-08-02 15:10 | Report Abuse

Lumber futures extended losses to $510 per thousand feet, the lowest in nearly two months driven by concerns about weakening demand, despite a decrease in supply.

Posted by UnicornP > 2023-08-21 19:54 | Report Abuse

Could be bottom out.

Posted by balvin71 > 2023-08-24 09:11 | Report Abuse

Yes, I believe the worst is over. Hoping to see FLBHD back to profitability in the 2nd half of 2023.

Posted by balvin71 > 2023-08-25 22:56 | Report Abuse

Lumber prices were near the $530 per thousand feet level, recovering from an over two-month low of $495 touched on August 11th, as expectations of low supply offset evidence of low demand.

Not so good news from the RV Industry, where in July 2023 total RV shipments ended the month with 20,520 units, a decrease of (-30.5%) compared to the 29,528 units shipped in July 2022. To date, RV shipments are down (-47.7%) with 185,350 units.

On a positive note, sales of new single-family houses in the United States climbed 4.4 percent to a seasonally adjusted annualized rate of 714,000 in July 2023, reaching the highest level since February 2022 and surpassing the market consensus of 705,000.

Posted by yfchong > 2023-08-31 22:18 | Report Abuse

habis lah maybe need to see see

Posted by balvin71 > 2023-09-12 09:45 | Report Abuse

Recovery will be slow, after last year supply chain issues, customers stocked up on inventories. Now the customers are destocking. With interest rate going up, demand has also slowed down, taking longer to destock. Once customers have destocked than we will see recovery. Unfortunately, recovery will be slow as customers will be cautious and apply Just-In-Time inventory management coupled with slower growth.

Posted by Dehcomic01 > 2023-10-09 09:01 | Report Abuse

I use 2 references for plywood companies - Eksons which is relying on 3rd party for its logs and Taann with its own logging operations. Eksons decided to exit the plywood business in Jan 2023 while Taann is still manufacturing plywood.

You can see that FLBHD ROE was better than both pre-Covid. Refer to https://i.postimg.cc/gkshNMqt/FLBH.png

Go here for more details of Eksons. https://www.youtube.com/watch?v=g1byo-eO4CM

Posted by geary > 2023-11-04 01:11 | Report Abuse

FLBHD: Presently it is solely DY stock...of...DY#12%...not much Price Movements...because of low lumber price...Unless lumber price shoot up to...#700/800...per 1K Feet...cyclical consumer products...Hold...🙏

Posted by thesteward > 2023-11-17 12:31 | Report Abuse

Wah just saw this if can break 55 potentially spike

Posted by Luo XM Xing Min > 2024-01-17 15:30 | Report Abuse

good

Posted by Luo XM Xing Min > 2024-01-17 15:30 | Report Abuse

good

Posted by Luo XM Xing Min > 2024-01-17 15:30 | Report Abuse

good

Posted by Luo XM Xing Min > 2024-01-17 15:30 | Report Abuse

good

Posted by yfchong > 2024-02-10 14:03 | Report Abuse

Maybe at 0.48

Posted by RandomInvestor > 2024-04-05 10:43 | Report Abuse

Don't tp first, i m working on it

Posted by sherlockman > 2024-05-01 20:56 | Report Abuse

This FLB has been so quiet at RM0.50.......up or down next?

Posted by balvin71 > 1 month ago | Report Abuse

Hopefully with interest rate reduction, demand will come back

Posted by mkmk > 1 month ago | Report Abuse

Useless… fx at current level the grp will make big loss…

Posted by primelaundry > 1 week ago | Report Abuse

I am not entirely sure which direction you wanted to go with this answer. Are you asking from the perspective of a resident, or as a employee? Also relevant is that the term “nursing home” really can be applied to the entire spectrum of sub-acute care, from a total care medical home, to a retirement center with minimal assistance.
https://primelaundry.org/index.php/services/