Posted by Yk John > 2014-03-25 19:49 | Report Abuse

Who dato thing?

Posted by pang72 > 2014-03-25 20:39 | Report Abuse

Dato thing controlling inari insas n FRB....

Posted by pang72 > 2014-03-25 20:40 | Report Abuse

If you found insas inari too expensive....go for discount stock FRB

Posted by pang72 > 2014-03-25 20:41 | Report Abuse

Form is recent acquired Ban core will enhance his banking businesses.

Posted by pang72 > 2014-03-25 20:43 | Report Abuse

Before too late......if tomorrow morning gap up then Insas history will repeat to FRB

Posted by FullTime > 2014-03-25 23:26 | Report Abuse

all talked so good n so good , tomorrow they will place selling order.

Posted by Yk John > 2014-03-26 11:49 | Report Abuse

so how?

Posted by Dkwee > 2014-03-26 11:59 | Report Abuse

Kena trap 20lot @ 0.855 ytd.....sigh....:)))))))

Posted by johnny cash > 2014-03-27 07:09 | Report Abuse

Formis Resources (FMRB MK)----------------dated 26//03//14


Technical BUY with +14.4% potential return
Last price : RM0.830
Target Price : RM0.855, RM0.950
Support : RM0.810
Stop-loss: RM0.785
BUY with a target price of RM0.950 with a stop
loss below RM0.785. Following a mild
retracement which is followed by consolidation
below the “cloud” since 17 Dec 13, FMRB has
found support at RM0.705 and is gradually
climbing higher along with the rising trendline
as the share price records a series of higher
lows. However, a strong surge in share price
for the last two days has established a new upleg
on the back of a higher trading volume of
10.4m shares (vs 20-day average of 1.2m).
Given the uptick in RSI, +DI and ADX lines, we
can conclude that rising momentum could push
the share price higher with FMRB still in the
initial stage of the new up-leg. Thus, we peg
our upside target at the 1.61x Fibonacci
extension level of RM0.950 over the medium
term.

Posted by Abudance > 2014-03-27 12:53 | Report Abuse

All Dato things couter dropped.

Posted by Abudance > 2014-03-27 13:40 | Report Abuse

Thong ! Ha3 sorry typo

Posted by Yk John > 2014-03-27 19:20 | Report Abuse

So still can hit 0.95?


Today good close doji

Hope can go up tmrrw

Posted by Ameera > 2014-03-27 19:24 | Report Abuse

Hopefully soon to 0.95..

Posted by Abudance > 2014-03-27 21:38 | Report Abuse

Lets see it hit 90 first tomorrow before 95 can be achieved! Much slower counter than hohup which have galloped away to rm1.46 plus

Posted by Abudance > 2014-03-28 00:29 | Report Abuse

Inari dropped yesterday Angeline and sent up again ... Most people were trading dsonic ca for the last Teo days. Rocket pricing!

Posted by Abudance > 2014-03-28 12:31 | Report Abuse

Sigh .. Drop again ...

Posted by InsiderNews > 2014-03-29 16:43 | Report Abuse

FRB insider said gonna to be 0.89 next week.

Posted by Yk John > 2014-03-30 10:19 | Report Abuse

Yup
I also heard of it

The chart look like going up again
Hit previous high

Posted by Yk John > 2014-03-30 12:02 | Report Abuse

Still can up???

Posted by sengkee > 2014-03-30 12:43 | Report Abuse

Look at the trading pattern, will be its turn in the coming week. No contra. Buy and hold, and hope to be rewarded above 1.00 soon.

Posted by Abudance > 2014-03-30 13:07 | Report Abuse

Highest recently is 88 sen. Slow counter! Hope your hoping to hit 89 s come true!

Posted by sengkee > 2014-03-30 13:21 | Report Abuse

Just read a recent announcement by Microlink on 7 March. It indirectly telling us that FRB have owned about 88.54% of shares in Microlink as at 30 Jan. Meaning that it should by now have probably owned more than 89%. Take over might be able to complete very soon. Stay tuned.

Posted by Yk John > 2014-03-30 21:04 | Report Abuse

Yup I heard it too

From the chart


Look like standby going up again


Standby

Posted by Yk John > 2014-03-30 21:05 | Report Abuse

Heard that got ppl want goreng it soon

What is micro link story??? Can explain ??

Posted by Yk John > 2014-03-31 13:12 | Report Abuse

can

the sign for mother up

standby

but remember cut loss

Posted by Abudance > 2014-03-31 21:06 | Report Abuse

Shy cut loss if u day it's going to go up to rm1?

Posted by Yk John > 2014-04-01 15:53 | Report Abuse

strong support.....

Posted by Abudance > 2014-04-02 11:08 | Report Abuse

Hope it will shoot .. Usually pretty slow....zzzz

Posted by thesteward > 2014-04-02 15:36 | Report Abuse

time to move it move it

Posted by sengkee > 2014-04-02 20:43 | Report Abuse

Just a matter of time. No contra. Better & safer than its son, DGSB.

Posted by sengkee > 2014-04-02 21:22 | Report Abuse

Strong support above 0.80. Hopefully will come to its turn soon. Eyeing above 1.00 by end of this month.

Posted by thesteward > 2014-04-03 09:14 | Report Abuse

shooting up like Insas....break .88

Posted by pinpin1314 > 2014-04-03 10:23 | Report Abuse

y sell high volume le??erm...

Posted by hom3boy > 2014-04-03 19:26 | Report Abuse

On behalf of the Board of Directors of FRB, Inter-Pacific Securities Sdn Bhd wishes to announce that FRB, Formis Holdings Berhad and Man Yau Holdings Berhad, both wholly-owned subsidiaries of FRB, have on 3 April 2014, entered into a Heads of Agreement with Microlink Solutions Berhad for the proposed disposal of all of their shareholdings in certain subsidiary companies, further details of which are provided in the attached file.

Posted by sengkee > 2014-04-03 20:23 | Report Abuse

They are so smart. Seems like the take over of Microlink will be completed very soon.

So the next important question is, what FRB is going to do with that RM50 million? Won't keep in the bank right? Who will be their next target?

Posted by estan3874 > 2014-04-05 11:36 | Report Abuse

sengkee, what do you mean about the take over of Microlink? Is that mean privatization of Microlink through FRB? Microlink will be a wholly-owned sub? If this happen, what will happen to all the minor share holder of Microlink. Actually I'm one of it ..... :-(

Posted by sengkee > 2014-04-05 15:30 | Report Abuse

Read frm their announcement, as at 31 March 2014, FRB hv owned about 88.52%.. Very close to 90%. If I am not wrong, when it reach 90%, it will become mandatory. So the minority shareholders will hv to sell. Previously the offer price was only 0.60. But now have surged to 0.90 ++.

Anyway, Let's see what is their future plan. Now they are reorganization their group of companies. So the next target could be their other subsidiaries. Buy at own risk.

Posted by estan3874 > 2014-04-05 17:00 | Report Abuse

But bro, Sengkee, from the announcement also, after completion of the proposed placement their share will changed to 80.47%, and public spreading will become 19.53%.

Posted by Arjuna > 2014-04-05 20:34 | Report Abuse

FYE 31 Mac 2014,Microlink profit will be taken into FRB group profit.
Lookout for the jump in profit for FRB.
Microlink mandatory T/O already completed.That percentage held is for maintaining listing purpose only.

Posted by estan3874 > 2014-04-05 20:50 | Report Abuse

Arjuna, so mean invest in FRB is better than Microlink right?

Posted by Arjuna > 2014-04-05 21:25 | Report Abuse

Microlink daily turnover trade lacks liquidity.
Minimum 20% public spread they(FRB) have complied.
Which would you prefer?10cent par or 50cent par value stock for FRB which have bigger public spread and liquidity.
Good luck!

Posted by Arjuna > 2014-04-05 21:37 | Report Abuse

Normally stock par value is at RM1.00,so to translate simple maths,
10cent par Microlink (closing price 0.89)=RM8.90
50cent par FRB (closing price 0.815)=RM1.63
10cent par Inari (closing price 2.77)=RM27.70

so beware 10cent par stocks that skyrocketed.

Posted by sengkee > 2014-04-05 22:32 | Report Abuse

Good analysis Arjuna. So FRB is really cheap compare to the other 2. But if apply your formula, the cheapest stock should be FRB's another listed subsidiary company, DGSB. Its par value is 10 cent and the share price is only 6.5 cent now. So its mean that if convert to par value of RM1.00 DGSB share price is only RM0.65 now. Cheapest among the above stocks.

Posted by Arjuna > 2014-04-05 22:44 | Report Abuse

You have forgotten analyzing the paid up capital and NTA,this is the most important criteria on the entry level.
How far can it go say at current level,if double the nta it's still comfortable.
Whereas five times of nta careful unless there's strong fundamental to support it.

Posted by Fat Cat Tim Buddy > 2014-04-05 22:45 | Report Abuse

i feel this is so hilarious .... kikikiki..

Posted by estan3874 > 2014-04-06 11:19 | Report Abuse

Hi Fat Cat, what make you have this kind of feeling? Mind to share?

Posted by iswara > 2014-04-06 13:24 | Report Abuse

I believe only EPS earn per share and its debt. that why Inari can worth 2.7x now

Posted by Arjuna > 2014-04-06 13:40 | Report Abuse

Company reorganize thru merger and acquisition theme.
Now FRB has phase out the two major competitors which supply techno software services especially to financial sectors.
Trying to monopolise this profitable industry.
As for Inari,riding on the tech boom now in US.At 0.85cents during exercise of rights and warrants,company is capitalising on the timing.
Hopefully the dot com bubble don't repeat.

Posted by sengkee > 2014-04-06 15:13 | Report Abuse

There will be more news coming out about this group of companies. Just a matter of time.

In fact, looking at its recent announcement, I am more interested to know how would FRB utilise that RM50 million.. Any clue?

Posted by Fat Cat Tim Buddy > 2014-04-06 16:39 | Report Abuse

estan3874 , because of this -->

Posted by Arjuna > Apr 5, 2014 09:37 PM | Report Abuse

Normally stock par value is at RM1.00,so to translate simple maths,
10cent par Microlink (closing price 0.89)=RM8.90
50cent par FRB (closing price 0.815)=RM1.63
10cent par Inari (closing price 2.77)=RM27.70

so beware 10cent par stocks that skyrocketed.

and this --->

Posted by sengkee > Apr 5, 2014 10:32 PM | Report Abuse

Good analysis Arjuna. So FRB is really cheap compare to the other 2. But if apply your formula, the cheapest stock should be FRB's another listed subsidiary company, DGSB. Its par value is 10 cent and the share price is only 6.5 cent now. So its mean that if convert to par value of RM1.00 DGSB share price is only RM0.65 now. Cheapest among the above stocks.

this two have no idea what they talking, so i find it so funny lol... kikiki especially the par value part.... par value is irrelevant in now days , google par value and learn more about it.. if u want ;)