FITTERS DIVERSIFIED BHD

KLSE (MYR): FITTERS (9318)

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Last Price

0.035

Today's Change

-0.005 (12.50%)

Day's Change

0.035 - 0.04

Trading Volume

207,100


16 people like this.

4,757 comment(s). Last comment by koyokui 1 week ago

user

579 posts

Posted by user > 2013-09-20 11:33 | Report Abuse

Getting fit..... don't worry, previously not moving doesn't mean not going to move.....Fitters is getting fitter n fitter......

TESSA

7,919 posts

Posted by TESSA > 2013-09-20 11:48 | Report Abuse

as fit as a fiddle...I hope :)

HC Lee

1,518 posts

Posted by HC Lee > 2013-09-20 12:12 | Report Abuse

So smart. is the current price low or high arr??

viper88

1,798 posts

Posted by viper88 > 2013-09-20 13:28 | Report Abuse

Current indicators showing +ve divergence sign. MACD, Price ROC, RSI also show improving buying strength since 0.68+/- lvl recently. If want to buy, set own entry price that suit own trading/investment risk plan.

kennynam

77 posts

Posted by kennynam > 2013-09-20 14:53 | Report Abuse

being block at 0.73, no show

TESSA

7,919 posts

Posted by TESSA > 2013-09-20 15:46 | Report Abuse

hmmm..

4u2c

3,553 posts

Posted by 4u2c > 2013-09-21 11:47 | Report Abuse

Company making money but refuse to rise .what to do but continue holding without divident !
What can i say ?

calow1

243 posts

Posted by calow1 > 2013-09-21 12:13 | Report Abuse

This counter is very sad story.. Rally normally one day then die off for many many days.. Lets see if Monday it is true. Another quiet day..

HC Lee

1,518 posts

Posted by HC Lee > 2013-09-22 15:04 | Report Abuse

So many investors of this stock really quite fed up with its price. Maybe the big player is testing the investors patience. I have observed this stocks for months and its definitely NOT suitable for trading. If you trade, high chance you will lose money.

TESSA

7,919 posts

Posted by TESSA > 2013-09-23 09:44 | Report Abuse

why why no fit

calow1

243 posts

Posted by calow1 > 2013-09-23 10:10 | Report Abuse

As expected this counter can't rally for long.. I unloaded substantially at 0.735 .. Now collecting again..

HC Lee

1,518 posts

Posted by HC Lee > 2013-09-23 11:14 | Report Abuse

calow1...tat looks like a good price. Agree with calow...there appear only one substantial rally after GE. After tat 1-2 day rally only. Let's see if the current one will last. Anybody knows what happen to the merger with the spore co??

ProfitMan

2,094 posts

Posted by ProfitMan > 2013-09-23 17:03 | Report Abuse

calow1, this is a short term play counter. Not a share to hold even for the medium term. Play the ups and downs like you just did.

viper88

1,798 posts

Posted by viper88 > 2013-09-23 22:56 | Report Abuse

Current player mostly small retailers... the buying and selling strength not consistent but influence much by market sentiments and world stock market especially US QE tapering issues and Syria WMD timeline.. last Friday US stock drop abt 150pts and as usual the small retailers will pull out 1st or go in just for contra play :D When market strong/bullish.. fitter will rally up back with big players going in.

mmaker

155 posts

Posted by mmaker > 2013-09-23 23:08 | Report Abuse

another target for limit up counter

HC Lee

1,518 posts

Posted by HC Lee > 2013-09-24 10:52 | Report Abuse

Watever it is...most important price has to go up. Then onli people will believe wat you say.

HC Lee

1,518 posts

Posted by HC Lee > 2013-09-24 11:12 | Report Abuse

Tat's why i am surprise people think it can go limit up !! One thing i can tell you the big player behind this counter are really kiasu one and unless you are willing to hold for long term, you can make better money elsewhere.

viper88

1,798 posts

Posted by viper88 > 2013-09-24 20:21 | Report Abuse

21/6/10 - 3/1/11 - 9/5/11 price breakout rallied from 0.40 - 0.70 - 1.15.
1/4/13 - 28/5/13 price breakout rallied from 0.56 till 0.855.
From history price movement, Fitter stock moves up with big vol buying strength several times with newsplay support during breakout lasted abt 6 month and shortest in 2 months period.
The smart big players/retailers that went in for high profits earlier whereas other small retailers who bought late and get stuck still have phobia /doubts about potential future price rallies till now :D

TESSA

7,919 posts

Posted by TESSA > 2013-09-24 20:26 | Report Abuse

:(

aunloke

974 posts

Posted by aunloke > 2013-09-24 21:07 | Report Abuse

fitters wont fly until the stale bull liquidation is over, just be patient .

HC Lee

1,518 posts

Posted by HC Lee > 2013-09-25 10:30 | Report Abuse

Hope you are right. Based on my experience, the big players are not willing to goreng this counter...they prefer to slowly accumulate at low prices. That's why this counter really test investors patience.

viper88

1,798 posts

Posted by viper88 > 2013-09-25 11:54 | Report Abuse

Wind of changes coming soon and its likely klse will turn bullish in coming weeks and early October.
Some good vol accumulation/buying transaction today at Fitters. Watch for breakout. :D

TESSA

7,919 posts

Posted by TESSA > 2013-09-26 09:41 | Report Abuse

red red :(

viper88

1,798 posts

Posted by viper88 > 2013-09-26 13:29 | Report Abuse

Good opportunity to load more into custody :D

William

412 posts

Posted by William > 2013-09-26 16:19 | Report Abuse

this counter not stable, director is playing around only

viper88

1,798 posts

Posted by viper88 > 2013-09-26 23:43 | Report Abuse

Chinese president visit Malaysia 4-6 Oct http://www.bernama.com/bernama/v7/newsindex.php?id=980102

Obama visit Malaysia 11-12 Oct http://www.thesundaily.my/news/796371

Propose IPO for Merger with SG based fire protection specialist agreement results in Nov http://klse.fraserdirect.com.sg/Archive-CompanyFocus/1.%20Company%20Focus/By%20Company%20Name/Counter%20Name%20A%20-%20L/Fitters%2020130502%20Update.pdf

Titicamara

131 posts

Posted by Titicamara > 2013-09-27 14:57 | Report Abuse

The 6 months definitive agreement regarding the proposed IPO for Merger with SG based fire protection specialist will expire at the end of Oct 2013.

kennynam

77 posts

Posted by kennynam > 2013-09-28 22:45 | Report Abuse

hopefully will fly to 1.20

viper88

1,798 posts

Posted by viper88 > 2013-09-29 23:33 | Report Abuse

Once the merger agreement signed its quite possible 2 move up > 0.80 sen ++.
Fitter stock wil have better strength 2 move up further with support from strong big players.
Hope there will be more newsplay on the coming merger updates and +ve news for fitters to boost its price.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-10-01 16:25 | Report Abuse

FXXXCK ! this stock is sucks...

HC Lee

1,518 posts

Posted by HC Lee > 2013-10-01 17:08 | Report Abuse

Sucks like mad...just waiting for right price to exit.

Peter Lee

347 posts

Posted by Peter Lee > 2013-10-01 17:26 | Report Abuse

many bought at 77.5 and lst year 91.5,all crying lo

viper88

1,798 posts

Posted by viper88 > 2013-10-01 18:21 | Report Abuse

9318 FITTERS FITTERS DIVERSIFIED BHD
Notice of Shares Buy Back - Immediate Announcement

Date of Buy Back : 01/10/2013
Description of Shares Purchased : Ordinary Shares of RM0.50 each
No. of Shares Purchased : 363,500 shares
Minimum Price Paid For Each Share Purchased : RM 0.695
Maximum Price Paid For Each Share Purchased : RM 0.695
Total Consideration Paid : RM 253,666.19
No. of Shares Purchased Retained in Treasury : 363,500 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 16,161,536 shares
Adjusted Issued Capital After Cancellation : 0
Date Lodged With Registrar of Company :
Lodged By :

Remarks:
Submitted By:
Ng Yim Kong
01/10/2013 06:12 PM

HC Lee

1,518 posts

Posted by HC Lee > 2013-10-03 15:43 | Report Abuse

Most of the time zzzzzzzzzzzzz only. Don't trade....invest only type of stock !!!! Read comments by those posting and you will get a picture what type of stock this is.

4u2c

3,553 posts

Posted by 4u2c > 2013-10-06 13:35 | Report Abuse

buy 74 cts on Aug 23 , lost 5 cts .No divident pd out for a lot of years already. Company make money but share is sleeping....lousy mgt ??

viper88

1,798 posts

Posted by viper88 > 2013-10-07 10:44 | Report Abuse

Company shares buyback from 0.60 - 0.73.
Datin Goh Hooi Yin & Dato Wong Swee Yee also increasing their % of shares.

HC Lee

1,518 posts

Posted by HC Lee > 2013-10-07 11:40 | Report Abuse

4u2c..not lousy mgt but kiasu majority shareholder lah. Even the new CFO beh tahan and have to leave within a year. However i think the support at 69-70cts level is quite strong. If you want to make money from this counter, you have to be patient like viper and accumulate slowly.

Peter Lee

347 posts

Posted by Peter Lee > 2013-10-07 11:43 | Report Abuse

mmany bought .93 still crying

HC Lee

1,518 posts

Posted by HC Lee > 2013-10-07 12:40 | Report Abuse

Agreed...that's about 2 year ago. They purposely push up the price on that day and have been in distribution mode since then. That why the price a bit difficult to go up. Fundamentally the stock is ok but price wise is disappointing.

viper88

1,798 posts

Posted by viper88 > 2013-10-07 15:01 | Report Abuse

Next coming news play will be the merger agreement end of Oct/Nov follow by financial qtr results in Nov. Most retailers n big players chasing GHLSYS today... :D

viper88

1,798 posts

Posted by viper88 > 2013-10-10 10:18 | Report Abuse

9318 FITTERS FITTERS DIVERSIFIED BHD
Notice of Shares Buy Back by a Company pursuant to Form 28A

Date of Buy Back : 01/10/2013
No. of Shares Purchased : 363,500 shares
Minimum Price Paid For Each Share Purchased : RM 0.695
Maximum Price Paid For Each Share Purchased : RM 0.695
Total Amount Paid For Shares Purchased : RM 253,666.19
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 363,500 shares
Total No. of Shares Retained in Treasury : 16,161,536 shares
No. of Shares Purchased Which Were Cancelled : 0 shares
Total Issued Capital as Diminished : 0
Date Lodged With Registrar of Company : 09/10/2013
Lodged By : Strategy Corporate Secretariat Sdn. Bhd.

Remarks:

Submitted By:
Ng Yim Kong
09/10/2013 05:34 PM

user

579 posts

Posted by user > 2013-10-10 14:34 | Report Abuse

Start accumulate Fitters, volume n price is in up trend.....

HC Lee

1,518 posts

Posted by HC Lee > 2013-10-10 15:12 | Report Abuse

Hope so...the 69-70 cts support level appears quite strong.

viper88

1,798 posts

Posted by viper88 > 2013-10-10 20:31 | Report Abuse

A lot penny stocks in my watchlish hot in actions today.. Sealink, Inari, PJDev, Cuscapi, GHLSYS, etcs... fun managers are coming back :D
Soon Fitters will move up also.. its only matter of time.

joni

1,258 posts

Posted by joni > 2013-10-10 20:34 | Report Abuse

Tp 0.80

user

579 posts

Posted by user > 2013-10-11 09:12 | Report Abuse

PJDEV is very promising also....

lpf000

9 posts

Posted by lpf000 > 2013-10-11 10:15 | Report Abuse

Any new?

Titicamara

131 posts

Posted by Titicamara > 2013-10-11 10:38 | Report Abuse

Hi,

May I know what is the current status of the proposed IPO merger with SG based fire protection specialist? Is it canceled?

Thanks.
-------------------------------------------------------------------------

Dear Sir,

It is still on track and the corporate exercise and the necessary ground work is currently in progress.

Regards,
FITTERS Diversified Berhad
T +(603) 6276 7155 | F +(603) 6276 7360 | E yfshin@fittersgroup.com | www.fittersgroup.com
Wisma FITTERS, No. 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, 52200 Kuala Lumpur, Malaysia

4u2c

3,553 posts

Posted by 4u2c > 2013-10-13 19:37 | Report Abuse

waited 2 mths liao for the price to move....NO action !! As a matter of fact, im a loss position od 3 pct ......

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-10-14 17:08 | Report Abuse

This stock is sucks ! Going to holland now...

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