Aankondiging • Apr 22
Focus Lumber Berhad, Annual General Meeting, May 22, 2026 Focus Lumber Berhad, Annual General Meeting, May 22, 2026, at 10:00 Singapore Standard Time. Location: zara boutique hotel, harbour city, jalan pantai baru, sembulan, 88100 kota kinabalu, Malaysia Reported Earnings • Mar 01
Full year 2025 earnings released: RM0.068 loss per share (vs RM0.084 loss in FY 2024) Full year 2025 results: RM0.068 loss per share (improved from RM0.084 loss in FY 2024). Revenue: RM96.3m (up 7.0% from FY 2024). Net loss: RM15.0m (loss narrowed 18% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Jan 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Non Independent & Non Executive Chairman Aznam bin Mansor was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Declared Dividend • Nov 29
Dividend of RM0.02 announced Dividend of RM0.02 is the same as last year. Ex-date: 10th December 2025 Payment date: 22nd December 2025 Dividend yield will be 8.3%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Nov 18
Third quarter 2025 earnings released: RM0.012 loss per share (vs RM0.021 loss in 3Q 2024) Third quarter 2025 results: RM0.012 loss per share (improved from RM0.021 loss in 3Q 2024). Revenue: RM23.4m (up 18% from 3Q 2024). Net loss: RM2.72m (loss narrowed 40% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
Second quarter 2025 earnings released: RM0.023 loss per share (vs RM0.018 loss in 2Q 2024) Second quarter 2025 results: RM0.023 loss per share (further deteriorated from RM0.018 loss in 2Q 2024). Revenue: RM15.8m (down 19% from 2Q 2024). Net loss: RM4.97m (loss widened 25% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • May 24
First quarter 2025 earnings released: RM0.022 loss per share (vs RM0.005 loss in 1Q 2024) First quarter 2025 results: RM0.022 loss per share (further deteriorated from RM0.005 loss in 1Q 2024). Revenue: RM22.9m (down 2.7% from 1Q 2024). Net loss: RM4.84m (loss widened 361% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 30
Now 21% overvalued Over the last 90 days, the stock has fallen 24% to RM0.27. The fair value is estimated to be RM0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Apr 24
Focus Lumber Berhad, Annual General Meeting, May 23, 2025 Focus Lumber Berhad, Annual General Meeting, May 23, 2025, at 10:00 Singapore Standard Time. Location: zara boutique hotel, harbour city, jalan pantai baru, sembulan, 88100 , sabah, kota kinabalu Malaysia Buy Or Sell Opportunity • Apr 14
Now 22% overvalued Over the last 90 days, the stock has fallen 33% to RM0.27. The fair value is estimated to be RM0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Market cap is less than US$10m (RM44.8m market cap, or US$10.00m). Reported Earnings • Feb 18
Full year 2024 earnings released: RM0.083 loss per share (vs RM0.036 loss in FY 2023) Full year 2024 results: RM0.083 loss per share (further deteriorated from RM0.036 loss in FY 2023). Revenue: RM90.0m (up 50% from FY 2023). Net loss: RM18.2m (loss widened 131% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Jan 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (RM87.4m market cap, or US$19.4m). Declared Dividend • Nov 20
Dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 6th December 2024 Payment date: 20th December 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.2%. Reported Earnings • Nov 19
Third quarter 2024 earnings released: RM0.021 loss per share (vs RM0.012 loss in 3Q 2023) Third quarter 2024 results: RM0.021 loss per share (further deteriorated from RM0.012 loss in 3Q 2023). Revenue: RM19.8m (up 13% from 3Q 2023). Net loss: RM4.52m (loss widened 67% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 05
Focus Lumber Berhad Appoints Su Pei Sze as Chief Financial Officer Focus Lumber Berhad announced appointment of Miss Su Pei Sze as Chief Financial Officer, aged 43. Date of change: 2 September 2024. Qualifications: Chartered Accountant Malaysian Institute of Accountants (Mia); Professional Qualification: Fellow Member Associate of Chartered Certified Accountants (Acca); Degree Bachelor of Arts (Hon) in Accounting University of Hertfordshire. Working Experience: Ms Su Pei Sze Has More Than Twenty (20) Years of Experience in Financial Reporting, Accounting and Corporate Finance. She Commenced Her Career with Ernst & Young Plt, Malaysia in 2004, and Has Held Senior Management Positions in Several Companies, Predominantly in Property Development and Construction and F&B Sector. During Her Career, She Was Also Involved in the Companies Finance and Accounting Functions, Which Encompassing Core Areas Such as Statutory Reporting, Corporate Governance, Management Reporting, Business Planning, Risk Management, Fund Raising Exercise and Related Business Initiatives, Budgeting and Forecasting. Ernst & Young Plt, Malaysia ("Ey Plt") - Joined Ey Plt in Year 2004 as Audit Assurance Services. Sagajuta Group of Companies - Joined Sagajuta Group of Companies in Year 2009 as A Group Accountant. Tanjung Aru Eco Development Sdn Bhd (Government Linked Company) - Joined Tanjung Aru Eco Development Sdn Bhd Which Is A Government Linked Company in Year 2017. Qsr Brands (M) Holdings Bhd; Joined QSR Brands (M) Holdings Bhd in 2019 as Head of Finance EM. Aankondiging • Aug 30
Focus Lumber Berhad Announces Resignation of Wong Peir Chyun as Company Secretary Focus Lumber Berhad announced resignation of Wong Peir Chyun as company secretary, effective date August 30, 2024. Reported Earnings • Aug 20
Second quarter 2024 earnings released: RM0.018 loss per share (vs RM0.001 loss in 2Q 2023) Second quarter 2024 results: RM0.018 loss per share (further deteriorated from RM0.001 loss in 2Q 2023). Revenue: RM19.6m (up 43% from 2Q 2023). Net loss: RM3.97m (loss widened RM3.77m from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 05
Focus Lumber Berhad Announces Resignation of Teh Yong Khim as Executive Director Focus Lumber Berhad announced resignation of Mr. Teh Yong Khim as Executive Director to pursue other career opportunities, effective Date of change 05 August 2024. Age: 40. Reported Earnings • May 27
First quarter 2024 earnings released: RM0.005 loss per share (vs RM0.006 loss in 1Q 2023) First quarter 2024 results: RM0.005 loss per share (improved from RM0.006 loss in 1Q 2023). Revenue: RM23.6m (up 180% from 1Q 2023). Net loss: RM1.05m (loss narrowed 14% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Apr 26
Focus Lumber Berhad, Annual General Meeting, May 24, 2024 Focus Lumber Berhad, Annual General Meeting, May 24, 2024, at 10:00 Singapore Standard Time. Agenda: To receive the audited financial statements for the financial year ended 31 December 2023 together with the reports of the Directors and Auditors thereon; to approve the payment of Directors' fees and benefits up to MYR 409,600 for the period from this 34th Annual General Meeting until the next Annual General Meeting of the company; to re-elect Lin Hao Wen who retires pursuant to Clause 76(3) of the company's Constitution, as Director of the company; to re-elect Teh Yong Khim who retires pursuant to Clause 76(3) of the company's Constitution, as Director of the company; to re-appoint Messrs PKF PLT as Auditors of the company and to authorise the Directors to fix their remuneration; to consider proposed renewal of Shareholders' mandate for the authority to the company to purchase its own Shares up to ten percent of the total number of Issued Shares; and to consider other business matters. Reported Earnings • Mar 02
Full year 2023 earnings released: RM0.036 loss per share (vs RM0.14 profit in FY 2022) Full year 2023 results: RM0.036 loss per share (down from RM0.14 profit in FY 2022). Revenue: RM60.2m (down 55% from FY 2022). Net loss: RM7.89m (down 129% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 01
Upcoming dividend of RM0.02 per share at 10.0% yield Eligible shareholders must have bought the stock before 08 December 2023. Payment date: 22 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 10.0%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (4.6%). Reported Earnings • Nov 25
Third quarter 2023 earnings released: RM0.012 loss per share (vs RM0.054 profit in 3Q 2022) Third quarter 2023 results: RM0.012 loss per share (down from RM0.054 profit in 3Q 2022). Revenue: RM17.6m (down 67% from 3Q 2022). Net loss: RM2.71m (down 124% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 22
Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.052 profit in 2Q 2022) Second quarter 2023 results: RM0.001 loss per share (down from RM0.052 profit in 2Q 2022). Revenue: RM13.7m (down 66% from 2Q 2022). Net loss: RM194.0k (down 102% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Kenneth Chin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 20
First quarter 2023 earnings released: RM0.006 loss per share (vs RM0.037 profit in 1Q 2022) First quarter 2023 results: RM0.006 loss per share (down from RM0.037 profit in 1Q 2022). Revenue: RM8.42m (down 74% from 1Q 2022). Net loss: RM1.22m (down 117% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 28
Upcoming dividend of RM0.02 per share at 14% yield Eligible shareholders must have bought the stock before 07 March 2023. Payment date: 22 March 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 14%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (4.4%). Reported Earnings • Feb 21
Full year 2022 earnings released: EPS: RM0.14 (vs RM0.078 in FY 2021) Full year 2022 results: EPS: RM0.14 (up from RM0.078 in FY 2021). Revenue: RM134.8m (flat on FY 2021). Net income: RM27.6m (up 79% from FY 2021). Profit margin: 20% (up from 12% in FY 2021). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 03
Third quarter 2022 earnings released: EPS: RM0.054 (vs RM0.009 in 3Q 2021) Third quarter 2022 results: EPS: RM0.054 (up from RM0.009 in 3Q 2021). Revenue: RM52.7m (up 140% from 3Q 2021). Net income: RM11.3m (up RM9.58m from 3Q 2021). Profit margin: 21% (up from 7.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 2.0% p.a. on average during the next 3 years compared to a 8.9% decline forecast for the Forestry industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target increased to RM1.13 Up from RM0.99, the current price target is provided by 1 analyst. New target price is 70% above last closing price of RM0.67. Stock is up 32% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.078 last year. Upcoming Dividend • Sep 07
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (5.3%). Reported Earnings • Aug 23
Second quarter 2022 earnings released: EPS: RM0.10 (vs RM0.042 in 2Q 2021) Second quarter 2022 results: EPS: RM0.10 (up from RM0.042 in 2Q 2021). Revenue: RM40.8m (up 23% from 2Q 2021). Net income: RM10.6m (up 157% from 2Q 2021). Profit margin: 26% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.3%, compared to a 6.2% growth forecast for the Forestry industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Jul 31
High number of new directors Independent & Non Executive Director Chin Nar was the last director to join the board, commencing their role in 2022. Upcoming Dividend • Jun 22
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Malaysian dividend payers (4.9%). In line with average of industry peers (4.6%). Aankondiging • Jun 02
Focus Lumber Berhad Announces Appointment of Miss Lin, Pei-Wen as Executive Director Focus Lumber Berhad announced appointment of Miss Lin, Pei-Wen as Executive Director. Qualifications: Masters Business Administration - National Sun Yat-Sen University; Degree Accounting and Information System - Chang Jung Christian University. Ms. Lin, Pei-Wen started her career in Ernst & Young Global Limited (E&Y) from September 2005 to December 2007 as junior auditor and was promoted to the audit team leader subsequently. She joined Untung Ria Sdn. Bhd., a wholly owned subsidiary company of Focus Lumber Berhad as Financial Controller from January 2008 to January 2016. In January 2016, she joined Da Yuan Yang Industrial Co. Ltd. as International Marketing Manager. Her job scopes cover international marketing, Customer Relationship Management and managing risks in relation to Environmental, Social and Governance (ESG). Age: 39. Aankondiging • May 21
Focus Lumber Berhad Announces Single Tier Interim Dividend for the Financial Year Ended December 31, 2022, Payable on July 15, 2022 Focus Lumber Berhad announced Single Tier Interim Dividend of 3.0 sen per share for the financial year ended December 31, 2022. Ex-date is June 29, 2022. Entitlement date is June 30, 2022. Payment date is July 15, 2022. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: RM0.16 (up from RM0.09 loss in FY 2020). Revenue: RM134.0m (up 53% from FY 2020). Net income: RM15.4m (up RM24.4m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Over the next year, revenue is forecast to grow 29%, compared to a 13% growth forecast for the industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Executive Director Hao Yu Lin was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 22
Focus Lumber Berhad, Annual General Meeting, May 20, 2022 Focus Lumber Berhad, Annual General Meeting, May 20, 2022, at 10:00 Singapore Standard Time. Location: Leadership Room, Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, Kaula Lumpur Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2021 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees and benefits for the period from this 32nd Annual General Meeting until the next Annual General Meeting of the Company; to re-elect Lin Fong Ming who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company; to re-elect Lin Hao Wen who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company; and to discuss other matters. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to RM1.32, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Forestry industry in Asia. Total loss to shareholders of 11% over the past three years. Aankondiging • Feb 22
Focus Lumber Berhad Declares Single Tier Interim Dividend, Payable on April 20, 2022 Focus Lumber Berhad declared Single Tier Interim Dividend of 3.0 sen per share for the financial year ending December 31, 2021, payable on April 20, 2022. Ex-Date is April 1, 2022 and Entitlement date April 4, 2022. Reported Earnings • Feb 22
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: RM0.16 (up from RM0.09 loss in FY 2020). Revenue: RM134.0m (up 53% from FY 2020). Net income: RM15.9m (up RM24.9m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 29%, compared to a 3.7% growth forecast for the industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 26
Upcoming dividend of RM0.05 per share Eligible shareholders must have bought the stock before 03 December 2021. Payment date: 22 December 2021. Trailing yield: 9.5%. Within top quartile of Malaysian dividend payers (4.3%). Higher than average of industry peers (7.1%). Reported Earnings • Nov 21
Third quarter 2021 earnings released: EPS RM0.017 (vs RM0.013 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM22.0m (up 14% from 3Q 2020). Net income: RM1.70m (up RM2.97m from 3Q 2020). Profit margin: 7.7% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS RM0.042 (vs RM0.025 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM33.1m (up 238% from 2Q 2020). Net income: RM4.13m (up RM6.68m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • May 29
First quarter 2021 earnings released: RM0.029 loss per share (vs RM0.018 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: RM23.7m (down 28% from 1Q 2020). Net loss: RM2.90m (loss widened 60% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 04
New 90-day low: RM0.80 The company is down 5.0% from its price of RM0.84 on 04 December 2020. The Malaysian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Forestry industry, which is down 9.0% over the same period. Reported Earnings • Feb 28
Full year 2020 earnings released: RM0.09 loss per share (vs RM0.068 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: RM87.8m (down 38% from FY 2019). Net loss: RM9.04m (loss widened 30% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 21
New 90-day high: RM0.92 The company is up 11% from its price of RM0.82 on 22 September 2020. The Malaysian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period. 
