tksw...just saw a report on timber/plywood demand from Malaysia...on FocusM..it actually dropped quite badly....however its actually a good news for FLB if you dig in a little deeper.
as I think that means their raw material cost is fairly unchanged (no nobody wants to buy)....and probably you are aware that price of plywood were increasing lately - refer Index Mundi...and I doubt FLB' revenue got affected as they are selling some special quality plywood to certain key customers unlike the report showing data as a whole from Sarawak/Malaysia.
KYY holdz 6m shares plus. Unlikely he sold as FLB has only 103m shares and if he indeed is selling the share price will be pressured down. Cannot compared with VS - highly liquid stock
noticed that there is a buy back proposal....I am afraid the results will be bad...
On KYY...if you had monitored FLB very closely right from the time before it broke 2.00 level...it does not need very high volume of transaction to make big change on the price - exactly your point its illiquid relative to VS....however for FLB more than a million shares transaction a day is considered heavy.... and I failed to see a significant change in price.
My cautious suspicion is KYY had been maintaining within a certain range...and slowly disposing - like placing you mails inside the slit of your postbox.
I suspect He is switching to FLB , LiiHen and ChinWell. All 3 stocks are in accumulation mode. FLB Has 73m cash. All 3 stocks are cash rich n making increasing profit. Yes ur right slts i shall park my buy quote at 150
I am not saying FLB is a bad stock or highly priced.... the problem is there is an ass..le who had bought it at large quantities at way cheaper price than u n me.
Well said Probability≪ No matter how good a counter or company. When there having a big AH speculator waiting to dispose in short term.Who is going to absorb the stakes of this AS?
why want to close eyes and wait to see if the train is heading into a trench? this is the time you should really question everything...suspect everything and open your eyes WIDE WIDE....
Don't be like an ostrich putting the head in bush to cover...with its big wide ass openly shown... for getting raped.
Yes, a lot might be afraid of KYY because he holds a lot of stake in these counters. But the truth is KYY should be more afraid than small ikan bilis since he is a substantial shareholder. Let us face the fact KYY might buy many of his stake starting from RM1.4 - RM2. However, the company only earned 15.54sen per year. I don't see any reasons people want to sell you at previous price having that the company's cash position has increase around 24%, profit earnings almost doubled to 30.74sen and the company has distributed more dividend to prove they are not stingy.. There are always buyers around if the company is good enough with fair price. In fact, if you are retail investor i think its wiser for you to cumulate before fund managers start to! anyone could be wrong where this company will head to, ask your yourself is it worth before investing in any business!
Below is my complaint to Bursa over KYY's non-disclosure of his substantial stake in FLBHD:
I wish to alert the regulators that Mr. Koon Yew Yin has also failed to disclose his becoming a substantial shareholder of Focus Lumber Berhad (stock code: 5197). According to the 2015 Annual Report, Mr Koon Yew Yin and wife Ms Tan Kit Pheng hold a total of 10.04% of shares, way above the 5% threshold requiring disclosure of interest. Mr Koon Yew Yin holds 6.72% while Ms Tan Kit Pheng holds 3.32%. Their names did not appear in the 2014 Annual Report and that should imply that their significant stake is acquired during the later financial year.
Mr Koon Yew Yin gets around disclosure rules by dividing their shareholding into multiple accounts. A total of 9 accounts are used, 6 for Mr Koon Yew Yin and 3 for Ms Tan Kit Pheng. None of the accounts exceed the 5% threshold.
My question to Bursa is: 1) Is it legal to circumvent disclosure rules by smurfing a substantial stake into multiple accounts? 2) Is it legal to circumvent disclosure rules by smurfing a substantial stake through other persons acting in concert?
If it is illegal to do so, I hope that the regulators take action against those breaking disclosure rules to preserve the integrity of the market. To encourage retail participation, Bursa must be free and fair. Information asymmetry will only serve to reinforce the perception of unfairness.
Our customer base also includes Weyerhaeuser NR Company, which was recently named the world’s most admired forest and paper products company in a study published in the March 21, 2011 edition of Fortune magazine. US Stock Exchange-listed Weyerhaeuser NR Company supplies products to various industries such as the RV, furniture, home decorating and house construction industries across the US
Latest results , Q1 of Weyerhaeuser NR Company (Wood segment):
Wood Products: The segment generated revenue (net of intersegment sales) of $979 million, accounting for 53.4% of net sales. Compared with the year-ago quarter, the result was up 6.1%.
For the Wood Products segment, the company anticipates sequentially higher earnings driven primarily by higher sales realizations for lumber and oriented strand board.
2Q 2016 Outlook - Weyerhaeuser expects significantly higher earnings and Adjusted EBITDA from the Wood Products segment in the second quarter primarily due to higher sales realizations for lumber and oriented strand board
Not millionaire but billionaire. Not mistake of playing shares but he is big shark waiting and quietly selling his shares after heavy promotion. Get much money from the losers and encourage people to take margin financing. He gets all these money then contribute to society in the name of charity.
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....
tksw
12,837 posts
Posted by tksw > 2016-05-06 15:19 | Report Abuse
1500 units bombed down to 213. asked you dun buy lok, let big shot got opportunity run away already