FRONTKEN CORPORATION BHD

KLSE (MYR): FRONTKN (0128)

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Last Price

3.97

Today's Change

-0.09 (2.22%)

Day's Change

3.95 - 4.09

Trading Volume

1,732,100


52 people like this.

26,291 comment(s). Last comment by Goodwill5 3 days ago

nathan88

17 posts

Posted by nathan88 > 2017-01-04 11:17 | Report Abuse

Just in at 0.18, gogogo

volks2

1,116 posts

Posted by volks2 > 2017-01-04 12:11 | Report Abuse

yes...GOGOGO

nakamura

154 posts

Posted by nakamura > 2017-01-04 14:40 | Report Abuse

told you if break that, it sure up until u cannot see the distance

nakamura

154 posts

Posted by nakamura > 2017-01-04 14:40 | Report Abuse

The Board of Directors of FCB wishes to announce that the Company has received the approval from Taiwan Authority on 27 December 2016 for the Company to dissolve its wholly-owned subsidiary, FTC.

FTC was incorporated on 14 March 2007 as a limited liability company under the Taiwan Companies Act for the purpose of acquiring and hold the group’s share investment in Ares Green Technology Corporation ("AGTC").

As at 27 December 2016, FTC held 7,873,637 of AGTC paid up share capital and this represents 23.11% of AGTC’s share capital. On 30 December 2016, FTC has transferred all its AGTC shares to FCB and all FTC’s assets and liabilities were merged into FCB’s book, including FTC’s 23.11% AGTC shares.

FCB has been consolidating the results of FTC being a 100% wholly-owned subsidiary and upon the dissolution of FTC, FCB would be holding AGTC’s shares 23.11% directly instead of via FTC.

The Dissolution will not have any significant financial and operational impact on the Group.

None of the Directors and major shareholders of FCB or persons connected to them have any interest, directly or indirectly, in the Dissolution.

This announcement is dated 4 January 2017.

Posted by nickthebest > 2017-01-04 14:53 | Report Abuse

Break liao!

Posted by rmkfac100812 > 2017-01-04 15:08 | Report Abuse

y is it good?

SKY2

756 posts

Posted by SKY2 > 2017-01-04 15:35 | Report Abuse

Wow ..Fa.. liao...

Posted by nickthebest > 2017-01-04 15:45 | Report Abuse

All the way to 0.30 and above already in 2017.

nakamura

154 posts

Posted by nakamura > 2017-01-04 15:54 | Report Abuse

Said already, if break, siao liao ~

John Lu

5,187 posts

Posted by John Lu > 2017-01-04 16:05 | Report Abuse

Buy some at 19c

volks2

1,116 posts

Posted by volks2 > 2017-01-04 16:16 | Report Abuse

0.19 oredi.....

SKY2

756 posts

Posted by SKY2 > 2017-01-04 16:21 | Report Abuse

So 30sen Koming ?

Posted by nickthebest > 2017-01-04 16:24 | Report Abuse

In 2017 should break higher high of previous...End of Feb last quarter results released should be great results. Then financial year 2017 you figure it out what their results will be. I expect it should be even better. Since can't buy at 0.16 now I just see it go up. lol

Posted by SupremeCommander > 2017-01-04 16:26 | Report Abuse

I think Q4 maybe not so good Wei

SKY2

756 posts

Posted by SKY2 > 2017-01-04 16:29 | Report Abuse

thanks nick..u are the best

Posted by nickthebest > 2017-01-04 16:34 | Report Abuse

Supreme, while I'm not too sure about quarter 4 but semi conductor industry doing quite well for some of the articles I saw. Not sure if can impact the performance though. I mean you can google and search for it. Then weakening USD against MYR, this one need to see the quarterly results based on quarter 4 assess for 2017. I mean you assess for yourself la, cos if you buy any stock you have the responsibility to take care of your own money. I like the Company for its management, eg you see receivables amount is properly managed, you can see reducing one, meaning got collect back money. Prudent management. Determine your own entry price and exit price. For me I don't mind waiting till 0.30+ already start accumulating since long time ago. Just waiting for another round since then.

Posted by nickthebest > 2017-01-04 16:41 | Report Abuse

Then Supreme I think you have your point of concern cos in certain financial years, they do make losses in the last quarter. But in FY2016 management keep emphasizing on "Accepting that the Group's overall margin will continue to be thinner as a result of cost-down by our customers for the months to come, we will continue to be vigilant in our cost management and continually explore ways to improve efficiency to enhance our profitability". Taken from pg 13 the latest quarterly report. Which I buy my opinion into it.

Posted by SupremeCommander > 2017-01-04 16:41 | Report Abuse

Nick, I completely agree with you! Semi conductor industry is good but they are too dependent on Taiwan and TSMC specifically. TSMC is moving to China, so moving forward I think their Taiwan subsidiary performance will not be so good. I think I will take some profit at this level

Posted by nickthebest > 2017-01-04 16:45 | Report Abuse

0.30 is my wishful thinking and don't be greedy just because someone in his opinion think really can go 0.30. Money is hard to earn and easy to lose. I've been in the game for 15 years and only the past 2 years I make overall profit. Other years are losses. No one will tell you how much losses they make cos no face ma. People will only brag about how much they earn. Think about it.

SKY2

756 posts

Posted by SKY2 > 2017-01-04 16:45 | Report Abuse

Last time I profit take below 30sen, then regretted ..now only 19sen..so hurry to sell ?

Posted by nickthebest > 2017-01-04 16:50 | Report Abuse

As long as you make money and you're happy about it that's fine. Taking some profit at this level is good too. Different people different strategy. As long as you're making money and you're happy just ignore the noises. LOL It's YOUR HARD EARNED MONEY.

Posted by nickthebest > 2017-01-04 17:00 | Report Abuse

Great close at 0.19 today.

volks2

1,116 posts

Posted by volks2 > 2017-01-04 17:01 | Report Abuse

it touched 0.195 just now...ole ole ole..... last time I damn greedy, didn't sell when the price go up to 0.32, really big regret...imagine when it go down to 0.13, how I feel?

Posted by nickthebest > 2017-01-04 17:02 | Report Abuse

That's why at certain point you must sell some...just like what Supreme did just now.

SKY2

756 posts

Posted by SKY2 > 2017-01-04 19:19 | Report Abuse

no hurry to sell...

Posted by Lost In Bursa > 2017-01-04 21:24 | Report Abuse

It will go up again till at least 0.25~0.30
No need to sell too early.

ImCK

3,251 posts

Posted by ImCK > 2017-01-04 23:01 | Report Abuse

FRONTKN涉及半导体领域,它从TSMC(一家为APPLE生产手机芯片的生产商)获得不少生意,目前TSMC从Apple拿到了创纪录的订单,荣众也间接从中受惠,因此Frontken的业绩也获得提升。

moneykj

6,141 posts

Posted by moneykj > 2017-01-05 08:29 | Report Abuse

Combine of O&G and export. If today can close 0.20 n above, wow....

volks2

1,116 posts

Posted by volks2 > 2017-01-05 08:31 | Report Abuse

depend on the volume, if the volume increase to 50m and above...then hoisei lor.

Posted by nickthebest > 2017-01-05 09:04 | Report Abuse

I think today will go down lol

volks2

1,116 posts

Posted by volks2 > 2017-01-05 09:21 | Report Abuse

0.185 now...we can't stop ppl profit taking..........but the most important is the volume,

DrBull

2 posts

Posted by DrBull > 2017-01-05 10:35 | Report Abuse

Why suddenly all talking good on this counter. I still observe. See if the support is real or just pure frying. Thank you nick and supreme for the sharing.

dragon64

136 posts

Posted by dragon64 > 2017-01-05 10:37 | Report Abuse

Will today possible to reach 0.20?

moneykj

6,141 posts

Posted by moneykj > 2017-01-05 10:57 | Report Abuse

Frontken need rest. Can look see look see ijcacobs..

Timie

338 posts

Posted by Timie > 2017-01-05 11:13 | Report Abuse

Prepare your net for next cycle..

clementlee

443 posts

Posted by clementlee > 2017-01-05 11:36 | Report Abuse

just help clients offloading 2 mil share ,, will only buy in at 0.175

Posted by nickthebest > 2017-01-05 11:53 | Report Abuse

still I think this week can reach 0.20

clementlee

443 posts

Posted by clementlee > 2017-01-05 12:02 | Report Abuse

no time for that ...some profit taking abit ...wait a week or two

gohcheehoh

578 posts

Posted by gohcheehoh > 2017-01-05 23:29 | Report Abuse

Healthy volume n correction. Heading to 0.25 by mid jan.

volks2

1,116 posts

Posted by volks2 > 2017-01-06 09:04 | Report Abuse

0.25 sound possible..dare dare go

nicky11

654 posts

Posted by nicky11 > 2017-01-07 21:47 | Report Abuse

Semiconductor industry is quite good now. This coming QR should be positive too

moneykj

6,141 posts

Posted by moneykj > 2017-01-08 16:34 | Report Abuse

No need too excited la, need rest 1 or 2 weeks or longer. Then only can go longer n higher la..

volks2

1,116 posts

Posted by volks2 > 2017-01-09 09:53 | Report Abuse

I have added somemore, hopefully can get some angpow money b4 CNY

clementlee

443 posts

Posted by clementlee > 2017-01-09 15:32 | Report Abuse

dump another 500k at 0.185

Posted by nickthebest > 2017-01-09 16:30 | Report Abuse

Strong buy 0.185

volks2

1,116 posts

Posted by volks2 > 2017-01-09 17:03 | Report Abuse

today closing at 0.19....no bad

Posted by nickthebest > 2017-01-10 09:38 | Report Abuse

very strong resistance

Posted by nickthebest > 2017-01-11 15:20 | Report Abuse

I'll be back in 1 month time.

boy2ts

215 posts

Posted by boy2ts > 2017-01-11 16:47 | Report Abuse

too long. All eye on annual report.!

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