Fake show, those who got stuck previously should throw some now.

May not necessarily be a bad company, but maybe it's time to chill out until the fundamentals stabilise again. Will buy in again when the time comes in the future.

What's the reason behind this trend? Any basis to explain?

Also referring to the new law in malaysia, which is another plus point for export counters on foreign exchange gains, now companies must convert 75% of their foreign currency, so the forex gain is actually realised all the time, thus recording solid profits. It's not a floating figure that looks good on paper anymore. Correct me if I am wrong.

Sales increased, profits increased, eps increased, cumulative periods profits increased.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5405253

I hope the price goes down too, cheaper to collect. Please sell down tomorrow. Make it drop, big time.

Fibon's main income is recorded in SGD. Lookout for this coming quarter's results. Forex power round 2.

http://www.todayonline.com/business/singdollar-passes-rm317-mark-another-record-high

I have recently monitored the price queues, and noticed at certain prices, there are sudden big blocks of shares being queued to sell, it definitely has to be one of the major shareholders, and looking into the top 30 biggest holders in the annual report, only very few of them has such amounts of shares to be traded into the exchange, the only ones that has changed recently these few years were Permodalan which has fully disposed, I think during the previous 83c rally (their holdings were less than 5% so not announced), and MAVCAP (holding 7.18% which is 7mil shares during 2015, then 6.55% 6.4mil shares in 2016). The rest of the major shareholders nothing really significant, doesn't matter much. Why isn't it showing in the announcements or change of holdings when MAVCAP is more than 5%? The last announcement was in the year 2013. Could MAVCAP be in a breach of regulations if lets say they were the ones selling this time? 2015-2016 sold shares and there were no announcements as well, anyone can clarify? I thought above 5% must announce?

Can learn from how top glove benefitted from the foreign exchange benefits, but you have a very valid point Dolly, cannot deny that. One more advantage of this counter is that it has very very low risks.

Just broke through the technical resistance, the door has just opened.

Shares are indeed undervalued, and investing in themselves are a no brainer should do. Look at previous year's q3, and just imagine how much you're expecting the coming q3 to perform. I'm just wondering how many folds they're gonna announce next quarter again, and by then people would go crazy with the consecutive multiple fold outperformance.

http://www.theedgemarkets.com/my/article/stock-momentum-fibon-2

They haven't had a correction since price at 0.505, a little retracement these 2 days would be healthy to get rid of the selling pressure, selling pressure has subsided today, hopefully it should continue flying after cny. However the price is still very undervalued now, at buy while it's correcting. Don't chase when it flies up. They have 44mil assets (which 30mil is free cash) vs only 2mil liabilities (mostly trade payables) makes it asset is 22 times of its liabilites, and they have no debts and no gearing, super clean pure asset company. They can easily expand with such a pretty balance sheet. Their growth without even using debt is already quite good, imagine if they leverage out, the size and scale can multiply like crazy.

Other income could be contributed by exchange rate gains, and some cash was used to purchase property, plant and equipment, which could mean a business expansion, and non-current assets grew by double as well. Despite that, cash and bank balances still increased, so don't worry, its a good thing! This company is growing super well. EPS 3 (now) vs EPS 1 (previous) - triple!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5323417

Buy call [TP: RM1.40] Current quarter 3mil vs 2016 whole year's 5mil, 1 quarter earn more than 60% of total annual net profit. Fibon has finally stepped up it's game. This gem is just starting to uncover itself.

One thing we don't have to worry, in the very least, is Trump's TPP exit, because even though Fibon may be an export counter, but luckily they have minimal to zero exposure to the US market as majority of their customers and orders are from Singapore and Australia and some other countries in minority. We can take a breather from that, and hope for a good quarterly result! The exchange rates should be in our favor for the coming quarter!

Their counter is covered by a lot of marketing, as they needed to raise a lot of funds, can't fully trust their real motive on what's actually going on, vs what they want us to perceive that's going on.