ya i discuss over take, to over take hevea, revenue need to increase a lot, means company need massive expansion. when you can generate higher revenue then only can generate higher profit ... else ffhb only just benefit from the exchange rate and company does not expand enough
Hey guys, didnt expect FFHB to run up so much. I was preoccupied with CCB and wrote that article instead as I assumed FFHB would not run up so soon. However, at this point it is crucial to see if 90 sens hold. Once it turns to support then the next TP is RM1. I will try to write the article as soon as I can and publish. Thanks for the patience Good one dalpinia! Kudos to your confidence in the run up!
As promised, I published the article. This was indeed a great run up and one of my favourite picks and it is one of the few small caps in my radar. As it close strong today at RM0.915, it may move up further tomorrow subject to global market movement. My TP is RM1.20 for now.
FFHB is uptrending with a healthy volume. Upon breaking RM0.95 it will scale higher to break RM0.98 and futher upside towards RM 1.05. Any retracement, supports can be found at RM 0.90 level. Happy Trading.
For assurance of those in FFHB, I concur with gohcheehoh and I maintain hold. I will not as bullish to say 8 months of uptrend but rather subject to the next quarter EPS. As of now, I am confident it will break RM1 today based on the current momentum. If RM 1 can turn to strong support, its movement will follow that of EG industries. Thanks and good luck.
FYI, FFHB warrant premium is very low. If you believe in the prospect of FFHB, opting for the FFHB-WB may be a strategic move. (Again this is not a recommendation to buy. Please understand this is my humble highlight).
dalpinia is alive again....WB running ahead....wauhu....0.43 31/12/2015 15:47
tradeview Good continue to run. but dont run too fast. I will publish article on FFHB sometime Jan 2016. For now, please continue to accumulate on weakness and hold till next QR. At least that is what I will do for 2016. RM0.80 sens has form a support. Anything below is a buy. 31/12/2015 15:55 X dalpinia TRADEVIEW....it is too late it is now 0.84....next week will touch 0.9....and WB will touch 0.5....when your article came out then another 20% will increased.... 31/12/2015 16:17
Why another 8 mths potential uptrend.... FFHB can easily show solid yoy on rev n profit grow for next 3 qtr. see u at 1.5 Usd keep strengthening again RM. What happen on Mar after zeti step down - Usd vs myr
Tuesday it took 36k volume to shot up 10 cents. Wednesday 44k to 5.5 cents. Means there is not many people willing to sell. Any selling is easily absorbed. Today morning it take a rest, afternoon will continue to surge..
FFHB supported extremely well today alongside KLCI despite the plunge in global market. If you notice, the selling volume is indeed small. Moniekj is right to point out. However, I dont believe in relying solely on volume as it can be manipulated. So the question is whether you buy into FFHB for its prospect and fundamental value. I done the write up with reference to the fundamental. To me FFHB is the dark horse among small cap counters. Hence, I maintain any weakness offers opp for accumulation.
Rm towards 4.50..with stronger growth environment for export oriented counters, no way ffhb go back to 70.0. If it still happen, your Top Glove may go below 10. So not hopes for 70.0.
My TP maintains RM1.20. Hold till next QR likely to be rewarded. For those with bigger appetite maybe FFHB-WB can be an option. The premium is minimal over the mother.
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Posted by traderman > 2016-01-05 12:02 | Report Abuse
take over hevea ? very hard ... look at revenue only. ffhb revenue only 91m but hevea is 450m ... 5 times ... it shows ffhb still a baby boy ...