One more reason - kcchongnz
A follower of kcchongnz alerted me about this important information.
Value investor kcchongnz bought Focus Lumber for his 2017 portfolio!
His latest comments below
Posted by kcchongnz > May 7, 2017 01:18 AM | Report Abuse
Posted by greatnz > May 6, 2017 05:54 PM | Report Abuse
hi kc, thanks for your sharing. readers would benefit more by reading your articles, rather than those hot tips.
i have been following u for the last 3 years. i have a small request. could you do a write up about focus lumber? because it is in your Stock Pick 2017 and we would like to know more about the fundamentals, ROIC etc. thanks again.
have a good weekend.
Glad that you found value in my articles. They are free too here.
hi kc, thanks for your sharing. readers would benefit more by reading your articles, rather than those hot tips.
i have been following u for the last 3 years. i have a small request. could you do a write up about focus lumber? because it is in your Stock Pick 2017 and we would like to know more about the fundamentals, ROIC etc. thanks again.
have a good weekend.
Glad that you found value in my articles. They are free too here.
Focus Lumber is a magic formula stock, high ROIC and low EY. it is
also a good dividend yield stock and good cash flows, and with a clean
balance sheet.
It is hence a very safe stock to invest for long-term. It is unlikely to
It is hence a very safe stock to invest for long-term. It is unlikely to
go wrong in your investment.
However, it may not be exciting stock which does not have that kind
However, it may not be exciting stock which does not have that kind
of fantastic growth prospect due to its business nature.
For those who asked about the fair value:
Current price $1.77 minus $1.07 net cash equal 70 sen.
At 70 sen, we will get back all our money in 3-4 years! Do your own math.
This is not a buy recommendation. Consult your own investment adviser before you invest.
http://klse.i3investor.com/blogs/OngMaliOng/126681.jsp
