Today is T-3 since volume surge and Monday will be T-3 / T-4. If the price can hold above RM1 today at closing, it is highly likely that it will continue to march towards my TP. THanks
i also dont have any idea fahmi...when comes to profit taking, i become blur...because i bought this stock last 3 week at 0.69..when comes with this situation, i cannot decide my profit taking..any advice?
haha...i still remember..at SYF forum, he said impossible la syf go to 0.7..now what happen..syf already 0.715...then, talk cock in FFHB forum say this counter no good la..con counter la...now..FFHB already above RM 1..when he comes said something stupid, that counter will up..hereby, i command salted fish to come to this forum...hehe
i expect hi to become more salted..hahha...samgross, you also can check keinhin...up much..i bought keinhin at 0.845 last week and jtiasa cd 0.06 last week..both counter up like XXXXXXX
FFhb stay positive to achieves ~ rm 10M to rm 12m net profit in 2016. PE for such counter will be in the range of 12 to 15. Exceed 1.5 will be easy n stay potential exceed 2.0 if h1 net income > 5m
Q3 Results of FFHB which was released on 30 Nov 2015 exceeded expecatations of many. Most would know by now many counters that has run up are export counters such as glove makers / wood / furniture / E&E. Simply because of the weak MYR, these companies are making supernormal profit margins which were nowhere to be seen over the past few years. Q3 has shown that the EPS increased from 0.12 sens to 2.73 sens. which is a 23 times increase in net profit YoY. The NTA also increased to RM0.52. Looking at the immediate past 3 quarters, the revenue and EPS increased respectively each quarter at an alarming rate:
Despite market dropping 12 points to support level of 1645, FFHB still maintain strong. Today is technically T-3/T-4 since the volume surge last week. If the closing is positive, I am confident FFHB may move towards the initial TP RM1.20.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tradeview
608 posts
Posted by tradeview > 2016-01-08 11:10 | Report Abuse
I am not a TA expert. However I think FFHB will likely try to challenge resistance at RM1.05