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

midtermtrader

1,166 posts

Posted by midtermtrader > 2014-02-28 11:36 | Report Abuse

Uptrend is in the making.

kiter

196 posts

Posted by kiter > 2014-02-28 12:40 | Report Abuse

How long do it take ?

wonnksa

179 posts

Posted by wonnksa > 2014-02-28 20:19 | Report Abuse

What is the target price within 3 months?

4u2c

3,553 posts

Posted by 4u2c > 2014-03-01 00:57 | Report Abuse

resting now.Im ok, Im seing profit already

spritzz

23 posts

Posted by spritzz > 2014-03-02 13:10 | Report Abuse

listing in singapore still need more time.. it will goes down still at the mean time. wait till 60cts

aunloke

974 posts

Posted by aunloke > 2014-03-02 13:19 | Report Abuse

Enjoy your waiting as there are many roadblocks at 80,75,or 70.

77cq

831 posts

Posted by 77cq > 2014-03-03 13:54 | Report Abuse

Fitters Diversified; Buy; RM0.86
Price target: RM0.95

Fitters announced that it has proposed to list it wholly-owned subsidiary Future NRG Sdn Bhd (FNRG) on Catalyst, the sponsor-supervised board in Singapore. The listing is subject to the approvals of Fitters’ shareholders and relevant authorities.

There are scarce details on the listing plan at this juncture but we understand that FNRG will be the Group’s flagship arm for the renewable energy business, focusing on: 1) biomass to renewable energy, 2) waste to energy (municipal, industrial, medical waste); and 3) sustainable palm oil mill. FNRG’s main asset includes the 60MT palm oil mill in Kuala Ketil, Kedah.

We are neutral on the potential listing of FNRG given the insignificant contribution of its renewable energy business. The renewable energy division contributes RM1.2m pretax profit in 9M13, accounting for a mere 3% of the Group’s pretax earnings. Nevertheless, the listing may help to raise proceeds to further grow the business.

We maintain our Buy rating on Fitters with SOP-derived TP of RM0.95. Fitters’ growth prospects will be anchored by its property division going forward, particularly its Rawang project on a 50-acre land which is estimated to carry RM300m GDV.

Source: HwangDBS Research - 13 Jan 2014

钳工多样化,买入; RM0.86
目标价格: RM0.95

钳工宣布,它已建议把其全资附属公司未来NRG有限公司( FNRG )在Catalyst ,保荐人监督董事会在新加坡举行。上市须待装配工“股东和相关监管机构的批准。

有关于在这个时候上市计划缺乏细节,但据我们了解, FNRG将成为本集团的旗舰手臂的可再生能源业务,专注于: 1 )生物质可再生能源, 2 )垃圾发电(市政,工业,医疗废物) ,以及3)可持续棕榈油厂。 FNRG的主要资产包括60MT棕榈油厂在吉隆坡的Ketil ,吉打州。

我们是中立的FNRG给予其可再生能源业务的贡献不大的潜力上市。可再生能源业务贡献RM1.2m税前利润在9M13 ,占本集团的税前盈利仅为3 % 。然而,上市可能有助于提高募集资金进一步发展业务。

我们维持对该股的买入评级,钳工与RM0.95的SOP-衍生的目标价。钳工'增长前景将由其财产分割前进,就估计进行RM300m GDV其中一个50英亩的土地特别是它的万挠项目被锚定。

资料来源: HwangDBS研究 - 2014年1月13日


http://klse.i3investor.com/blogs/hwangdbs/44779.jsp

77cq

831 posts

Posted by 77cq > 2014-03-03 14:00 | Report Abuse

Fitters Diversified Bhd, a leading player in the fire-fighting industry, has formalised a
dividend policy pay-out of at least 30% from the group’s net profit to shareholders effective
Dec 31, 2014. It said the establishment of the policy was to enhance the group’s investment
proposition as it needed to focus on growing the institutional shareholders base in tandem
with the business. For the financial year ended Dec 31, 2013, the group posted a total net
profit of RM42.3mil, marking a 51.6% jump from RM27.9 million recorded previously.
Revenue grew 14.8% to RM471.88mil with pre-tax profit increasing 52.2% to RM57.98mil.
Fitters also declared an interim dividend of two sen per share for 2013. (Star)

http://www.mercurysecurities.com.my/wp-content/uploads/pdf/2014/Feb14/MF25Feb2014.pdf

77cq

831 posts

Posted by 77cq > 2014-03-03 14:01 | Report Abuse

钳工多元化Bhd公司,在消防行业的领先球员,已经正式确定一个
股息政策支付了至少30%来自该集团的净利润为股东有效
2014年12月31日。它表示,建立政策是加强本集团之投资
命题,因为它需要把重点放在串联成长的机构股东基础
与商家联系。截至2013年12月31日的财政年度内,本集团录得总净
利润RM42.3mil,标志着从RM27.9亿51.6%的涨幅以前录制的。
收入同比增长14.8%至RM471.88mil与税前利润增加52.2%至RM57.98mil。
钳工也宣布在2013年中期股息每股2仙。 (星)

http://www.mercurysecurities.com.my/wp-content/uploads/pdf/2014/Feb14/MF25Feb2014.pdf

Hustle

3,615 posts

Posted by Hustle > 2014-03-03 15:45 | Report Abuse

Then why keep on drop? May be 30% not too confidence,I think it should adjust to 60% :)

midtermtrader

1,166 posts

Posted by midtermtrader > 2014-03-03 16:30 | Report Abuse

Plane is being postpone taking off.... Waiting for booster!

77cq

831 posts

Posted by 77cq > 2014-03-03 16:36 | Report Abuse

hold it ?

77cq

831 posts

Posted by 77cq > 2014-03-03 16:49 | Report Abuse

30% not too confidence ??? adjust to 60% ??????

Hustle

3,615 posts

Posted by Hustle > 2014-03-03 16:52 | Report Abuse

If the dividend payout policy change to 60%,I'm sure all of the investors will hold it tight tight :)

kiter

196 posts

Posted by kiter > 2014-03-03 17:14 | Report Abuse

Plane delay ....... any new schedules .....

77cq

831 posts

Posted by 77cq > 2014-03-03 17:23 | Report Abuse

huh 60%! :@

UY

130 posts

Posted by UY > 2014-03-03 22:31 | Report Abuse

If pay 60% dividen policy, not enough cash flow to expend lol. :)

Hustle

3,615 posts

Posted by Hustle > 2014-03-04 08:24 | Report Abuse

Cannot said like that la, Tenaga also 60% div policy ma. As you can see, Tenaga still can expand plus knock on your head to increase tariff lol.

eddiewgj

34 posts

Posted by eddiewgj > 2014-03-04 09:42 | Report Abuse

the festival city and zeta park seem to be complete by this year. anyone know any new project for this company?

77cq

831 posts

Posted by 77cq > 2014-03-04 10:49 | Report Abuse

Are you looking for the God of Wealth , better u current more tenaga lol ...
Tenaga >>>there have u looking for !
I just know that ( easy come easy go) that !!
ha ha ha .... broken broken

GGmalaysia

334 posts

Posted by GGmalaysia > 2014-03-04 19:48 | Report Abuse

when will this train start moving arh??? ohter train also started to depart jor lor..... still waiting for more passenger?

hahaha

175 posts

Posted by hahaha > 2014-03-04 19:50 | Report Abuse

Support 0.84-0.855, 1st resistance 0.965, overall long term resistance 1.18

GGmalaysia

334 posts

Posted by GGmalaysia > 2014-03-04 23:53 | Report Abuse

no problem in getting pass 1.18, the only problem is when??? the faster it reach, the happier am i

Hustle

3,615 posts

Posted by Hustle > 2014-03-05 17:04 | Report Abuse

Better don't rush him,later pipe leak all die :)

midtermtrader

1,166 posts

Posted by midtermtrader > 2014-03-06 14:11 | Report Abuse

volume so low, seems like nobody wanna sell. anytime can explode.

hahaha

175 posts

Posted by hahaha > 2014-03-06 15:56 | Report Abuse

be patient...let the fitters making the baby fitters first

Posted by Zulkphlee Muhammad > 2014-03-06 22:02 | Report Abuse

Dreaming ka

kiter

196 posts

Posted by kiter > 2014-03-06 22:30 | Report Abuse

Baby fitter announced listed at Singapore today .....

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-03-06 22:31 | Report Abuse

will it distribute shares to us?

UY

130 posts

Posted by UY > 2014-03-06 23:19 | Report Abuse

When is the listing date at Singapore ?

GGmalaysia

334 posts

Posted by GGmalaysia > 2014-03-07 09:41 | Report Abuse

going up.... another trap for sharks again? lets hope not :)

GGmalaysia

334 posts

Posted by GGmalaysia > 2014-03-07 20:28 | Report Abuse

2 sen dividend coming in... not much, but let's see how the stock movement after ex

Abudance

2,211 posts

Posted by Abudance > 2014-03-10 01:56 | Report Abuse

After ex will drop ...

midtermtrader

1,166 posts

Posted by midtermtrader > 2014-03-10 08:54 | Report Abuse

Expected to trade higher this week, ex-dividend on 17th March.

Abudance

2,211 posts

Posted by Abudance > 2014-03-10 15:52 | Report Abuse

Can't seem to reach 88 sen

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-03-10 21:28 | Report Abuse

its just a matter of time to breach 89sen....i feel Fitters is a good counter to keep and accumulate, it has a bright future to go up...hv faith everyone

aunloke

974 posts

Posted by aunloke > 2014-03-10 22:00 | Report Abuse

You are right ,when the green energy section takes off its value will definitely increase.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-03-10 22:06 | Report Abuse

whats ur immediate TP Aunloke/>

aunloke

974 posts

Posted by aunloke > 2014-03-10 22:30 | Report Abuse

Do not focus too much on its Immediate TP unless you intend to play short term if we estimate the year end EPS as 0.16 and just take the PE as 7 ( on the lower side ) you 'll get the TP.

Abudance

2,211 posts

Posted by Abudance > 2014-03-11 00:40 | Report Abuse

Already held it for over a year. So sian go up and drop more :( 17 march coming for dividend do am thinking if it can read 90 sen? I think that would be a record for fitters?!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-03-11 06:54 | Report Abuse

I am positive on its long term prospects of Fitters, and this is the first time it is giving dividend, should be applauded

kenrixx

179 posts

Posted by kenrixx > 2014-03-11 09:42 | Report Abuse

dividend 2 or 4 cents?

Abudance

2,211 posts

Posted by Abudance > 2014-03-11 10:55 | Report Abuse

2 sen. No it deal when they r cash rich. Stingy co.

GGmalaysia

334 posts

Posted by GGmalaysia > 2014-03-11 17:25 | Report Abuse

growth or profit sharing?... for me i would choose growth. divvy doesnt help much cause after ex price will be adjusted back. so if growth is there i don't mind collecting as long the share price keeps going up

Abudance

2,211 posts

Posted by Abudance > 2014-03-11 18:33 | Report Abuse

Very slow movement and its up and down. If can hit 90 sen by Friday will be nice! 17 march is ex date. Likely to drop. ...

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-03-11 20:39 | Report Abuse

All needed is patience...

Funtrade

596 posts

Posted by Funtrade > 2014-03-11 20:44 | Report Abuse

2nd July 2013 Inari was trading at 67 cents while Fitters at 72 cents
Today 11 March 2014 Inari at RM2.12 while fitters still 87 cents.

Opportunity cost.

Abudance

2,211 posts

Posted by Abudance > 2014-03-11 21:03 | Report Abuse

Yes, looking to selling it soon! Opportunity cost lost in making more money!

aunloke

974 posts

Posted by aunloke > 2014-03-11 21:38 | Report Abuse

For now which is a better buy - Inari or Fitters ?

Abudance

2,211 posts

Posted by Abudance > 2014-03-11 23:34 | Report Abuse

U want slow train or fast train?

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