this could a part of the strategy in achieving this:
OTHERS Focus Lumber Berhad ("FLBHD" or "the Company"):- (1) Proposed Renewal of Shareholders' Mandate for the authority to the Company to purchase its own shares up to ten per cent (10%) of its issued and paid-up share capital ("Proposed Renewal of Share Buy-Back Mandate") (2) Proposed Amendments to the Articles of Association of the Company
Possible of flushing out weak holders. FLbhd's revenue is still trending upward. Dropped in PBT slightly was mainly due to forex loss in last quarter. It will report a slight forex gain next quarter. bonus issues and free warrant have not been proposed by the company . Not to forget, Uncle Koon is a FA cum partly TA player.
Think logically, EV/EBITDA of only 3.75, ROIC 28.7%, Free cash flow wise it's generating net cash of 6% averaging the past 3 years, balance sheet is healthy, and maintaining the profitability the dividend will be 8.7 %, it has certainly drop too much. The previous quater result has just dropped 10k of profit comparing YoY, and the share price has dropped so much. It's unbelievable how many speculator in Bursa and they have only one fate...... to lose money
This analysis is so damn wrong! The revenue for year 2014 was in the 3Xk per quater and year 2016, it's 5Xk!, how did the revenue increase 2/5% without increasing in business?! talking nonsense LOL!
set your next entry at 1.5 and 1.3 better...wait price stable first...this downtrend is quite serious with high volume..some funds is selling this stock nonstop...
who.can.explain to me other expense 3,557 is spend to where compare to last year only 1,343.why suddenly increase so much.....tax expense 1,046 ....but,more increase de is other expense make profit drop
I guess is the forex loss due to the translation of USD to Ringgit for the reporting of cash balances and any other classified assets/liabilities which are denominated in USD in Balance Sheet. The gain/loss is the difference caused by USD rate used in the current reporting date vs reporting date of last quarter. eg. 2016-3-31 vs 2015-12-31
This is a non-cash item. That's why the operating cashflow remains strong eventhough this resulted lower EPS and this shouldn't affect so much on the dividend distribution this year if the business continue to grow
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....
kkgan
142 posts
Posted by kkgan > 2016-07-05 15:03 | Report Abuse
Board: Main Market
Sector: Industrial Products
Avg Volume (4 weeks): 598,063
4 Weeks Range: 1.68 - 2.02
52 Weeks Range: 1.27 - 3.09
Average Price Target: 1.85
Price Target Upside/Downside: +0.14