today is the last day for Q2. last day of Q1 fx = 3.93, last day of Q2 = 4.02, fx gain is about 2.2%. so the profit will be much better than Q1 result.
also, in July they will announch 5 cent dividend. i don't know why people want to sell at anything below RM2
There are only 20 certified exporters worldwide given the certificate of "IHPA" by the International Wood Products Association, US for the US market. Four of them are from Malaysia, out of which two are from Sibu, one from Shah Alam and Focus Lumber from Sabah.
dont waste your money in this rubbish export counter..if you really want play export counter, sailang LIIHEN...ways better, their growing sales revenue can cover the foreign currency exchange losses..if foreign currency exchange good , they will earn more..
investing in a company is not about how much cash a company have but having said that it is safer if compare to company with high debt.
It is also not right to compare FACBIND and FLBDB although both are cash rich company as both are having very different business. The price that you are investing in a company is for the future of the company. So you have to know which company can have a better chance to provide you ROI not just comparing the cash per share.
onetonneman , thank for introduce me FACBIND because I never watch it before..if FACBIND value is really like you said I have interested with it..but also need to consider they will consistently make value for company and shareholder or not , I not say that the net cash per share is everything but it can provide us to measure the safety margin , is just a guide..don't misunderstanding , OK?
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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....
Invest1188
772 posts
Posted by Invest1188 > 2016-06-21 22:03 | Report Abuse
Kyy selling