Focus Lumber Berhad, an investment holding company, engages in the manufacture and sale of plywood, veneer, and laminated veneer lumber products in Australia, Canada, China, Hong Kong, Korea, Malaysia, Japan, Taiwan, Thailand, the United Kingdom, and the United States. It operates in two segments, Manufacturing and Electricity. The company is also involved in the business of generation and sale of electricity through biomass; plantation of timber, as well as extraction and sales of timber logs; and investment in monetary instruments. Its products are used in recreational vehicle, furniture production, and house construction markets. The company was incorporated in 1989 and is based in Keningau, Malaysia.
It’s been a while since we checked in on commodity markets, which, like other markets, are having quite the interesting year. In particular, gold continues its march upward, while oil remains in a slump. As for the rest, most have been up and down and ended up close to where they were a year ago. By the end, you’ll see why gold stocks still look cheap despite these record prices — and why oil stocks, oddly enough, look expensive even as crude declines.
In the last week, the market has stayed flat, however the Energy sector stood out, gaining 3.1%. As for last year, the market is down 4.4%. Earnings are forecast to grow by 9.9% annually. Market details ›