in end of july, luxchem post a forex gain +2.65 millions (preceding forex loss -3.27millions). as you know flbhd will announce quarter result fews week later. i guess it also will post forex gain 1 - 2 millions (preceding forex loss -3.56 millions).
Not the time to buy yet. But the executive director can approach Mr Koon to buy over the balance of the shares (approximately 5.7%). Then it won't hit the open market so directly. Since Mr Koon already suffer a loss and he can average down the cost to acquire as well.
Without double taxation and lower currency, even revenue increase, it is impossible for FLBHD to get the same profit attribute to shareholder as previous year. Unless, they reduce their on hand cash. If reduce on hand cash to pay dividend, there is no meaning of it...this QR could be affected a lot compared to previous year QR.
Assuming cogs n operating expenses are the same, with higher usd yoy q2, additional 12% tax, they need to have at least 30% growth in revenue yoy to maintain the same profit :)
1-85 also ok !! I bought more higher then you last month ! I like this share ,I bought it 2 times already to average down! Hopefully it can move up when dividend or good News out soon!
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....
localmotive
258 posts
Posted by localmotive > 2016-08-03 19:02 | Report Abuse
bro.lu angry so resign. want to punish flbhd directors so sell til price is 0.01 arhh!