Insiders, individual n company share buy back are positive signs for all shareholders. This is a cash rich company, zero debt and strong liquidity ratios.
my inputs & suggestion / preference if you may consider voicing the same:
(1) Invest heavily with the cash on machinery & equipment to increase the throughput capacity.... If they see a huge demand arising from the recent phenomenon in Canada - Weyerhaeuser. (2) Use the cash to buyback aggressively instead of Dividends (3) Sign long term agreement with raw material suppliers as currently the price is low.. (4) Acquire competitors if there's any in the same region Sabah..
hahaha don't sad lah guys... i know u guys lost a lot... i'm just a low salary guy hoping to buy cheap stuff.... i'm happy to register a 15% capital gain in one week lol....
chill.... just doing experiment only... why so serious.... FL very good company.... Strong cash flow, Low ev/ebita, high return on invested capital with growth!
taan affecting FLHB Today's RHB research downgraded TAANN to Sell. In the report, it says it expects plywood price and log to fall. Besides, TAANN also faces competition from Solomon Islands which sells cheaper logs to its main importer, India. However, until May, Lumber and Africa/ Southeast Asia Plywood price is still increasing, plus TAANN is producing quality logs which aim for higher price. Today might be EPF selling + people dispose due to downgrade by RHB + panic selling. Tomorrow is AGM, hope got good news which support the price. Just my 2 cents.
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....
RosmahMansur
2,870 posts
Posted by RosmahMansur > 2016-05-17 16:04 | Report Abuse
see u there,MaxLim