05/04/2016 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
Do you think this rich company ang good FA will downtrend forever. Only after finish this speculation & fear or agenda by main shareholder...plus some factors such as global timber price, foreign currency fluctuations(supply & demand counters common problem), or maybe the current quarter performence low, operation cost like labour cost/ etc is all influence on the day to day price movement. It will benefit for long term investor
Base on last year record, there should be an announcement on dividend by end of July. In share investing, believe no body but yourself. Learn from your own mistake is better than mistake lead by others.
This company possesses amazingly high roic and outstanding free cash flow. It is worth rm3 even if you ignore fy2015 results which are boosted by exchange rate. If you have faith in the management and their business model which is focusing on niche products i.e. RV., it is a great apportunity now for you to buy at a huge discount. The price is apparently deviated so much from its fundamental. :)
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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....
Steve Jub
4,203 posts
Posted by Steve Jub > 2016-07-11 16:48 | Report Abuse
haiz