HC lee , no, there is no secret it's just that the price was not ideal to go in after the wright up about the green energy section as I noticed that there would be severe shares dilution from the impending conversion of 90M+ warrant and the profit would be diluted. I should have entered just before GE but I didn't so now after this correction and also with better earning, I wouldn't want to miss it.Imagine forward EPS of about 14 sen is selling below 70 sen, and when the green energy section catches on the earning will be improved.
Don't worry, drop due to global issue. Latest quarter report still show profit increase contributed by zetapark project. I just buy in some as well as got cash to hold.
Company shares buyback triggered: Friday, 30 Aug 2013
6:21PM 370,000 shares purhased into treasury No. of Shares Purchased : 370,000 shares Minimum Price Paid For Each Share Purchased : RM 0.675 Maximum Price Paid For Each Share Purchased : RM 0.680
Wednesday, 28 Aug 2013
6:16PM 91,000 shares purhased into treasury No. of Shares Purchased : 91,000 shares Minimum Price Paid For Each Share Purchased : RM 0.655 Maximum Price Paid For Each Share Purchased : RM 0.660
unfortunately i dono what's the name of this project but i have details though (becos brochure did not indicate): 2 Blocks, 284 Units only. All Units are "corner unit" And the contact info is Chris 017-2577033 / Jason 012-6262 869.
company making more money than last year(6 mths data) ...can go 90 cts .67 cts good to buy.. by next qtr shld see results IF they continue making profit...just puzzled why it fell from 70 plus .Maybe director want to buy cheap ???
Price drop because not many strong buyers support due to tension at Syria. Shares buyback already start kick in.. hopefully price will stable and rise back again soon. :D
david..there's so many counter that's good for trading but tis counter you just wait...wait...wait. Yes, profitable, yes fundamental good, tis ...that, but price stagnant or move down. Better put money in FD for such counter.
Good stock when price down can consider 2 buy more. Today moving up with some buyer strength + good vol. Already broke resistance lvl at 0.70/0.71 closing at 0.715. Next level to test is 0.73-0.75. If big players come back strongly higher chance to challenge its recent high 0.79/0.80 and goes higher. Good luck.
David is very correct...yesterday i throw some baits and it move up to 71 cts. Don't be too happy as total only about 200 lots which is very low volume but price move up about 30 cts. Fyi no deal was done at 0.715 cts during last 10 min matching yesterday. They are trying to lure punters in and once they buy, the price will probably go down.
Those retailers no confidence with the company stock can sell off and let the others buy in at cheap price :D
9318 FITTERS FITTERS DIVERSIFIED BHD Notice of Shares Buy Back by a Company pursuant to Form 28A
Date of Buy Back : 28/08/2013 to 30/08/2013 No. of Shares Purchased : 461,000 shares Minimum Price Paid For Each Share Purchased : RM 0.655 Maximum Price Paid For Each Share Purchased : RM 0.680 Total Amount Paid For Shares Purchased : RM 312,748.27 Shares Were Purchased Through : Bursa Malaysia Securities Berhad No. of Shares Purchased Retained in Treasury : 461,000 shares Total No. of Shares Retained in Treasury : 15,798,036 shares No. of Shares Purchased Which Were Cancelled : 0 shares Total Issued Capital as Diminished : 0 Date Lodged With Registrar of Company : 11/09/2013 Lodged By : Strategy Corporate Secretariat Sdn. Bhd.
This week & next week a lot retailers n big player play wait n see 1st.... coz Syria given 1 week to surrender is WMD chemical weapons. If all clear and no war den market will go up again.
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....
davors
889 posts
Posted by davors > 2013-08-27 21:54 | Report Abuse
still falling... 0.630 support~