>15% gain within 3 months, what more to expect? you want 100% in 1 or 2 month like inari? how many shares in bursa are like inari? slow and steady wins the race in full secure
GG! Yes, I know! Fitters went up due to news of their new future business! News out, hype out! Now reality check! It will consolidate waiting for actually earnings!
Not worried , it will be up before may , because they need monies for listing . Q1 result maintain positive , it could break 1st resistance 1.08 easily.
wow...so much treasury shares being sold today? now just left 2.5mil shares...i think by next week the share price will start to rise again. Lets pray for it!
The company is supporting the price at 91sen above it seems, they dont simply over sell the price. I realized that by this, the company is testing the market + confidence of the buyers. Well absorbed selling by the company means that it has good prospects and people are keen to buy now at 91sen+. Its a good sign!
RSI14 65.7 back to normal. Yesterday 4.28pm got 1 big transaction, left hand to right hand to 'renew' the previous trade. Show that the shark is still there :)
I dont thing fitters has any fund interest. Jus push up bcos all smallcap r being push up. For investment, or for speculation, this is a lousy counter.
Agree with Optimus 1, luckily already off load at 0.95. The company currently desperately need money to do turn over, can see that they non stop disposing their treasury share day by day without any changing in price.
In my opinion, their disposing is positive as they still earning with the sell.. this act as a fund for expand rather than increasing their borrowing which further leads to higher interest... Share buy back and disposing of treasury in Fitter way is done fantastically if compare with those counter which buy high and sell low..
Don't worry about Fitter prospect in both short term and long term because this action show the decision making by the company is correct...
Base on the current trading price already shown that the market buyers already lose confident about his expansion ability, although already sign some mou with Spain company regarding to copyright of the product brand name. Frankly said, it is impossible to make any break through at the price already, better off load while you still earn. Since company executive also lose confident about their share value, that's why they want to test the market and see the market response, but so bad base on these 2 days observation, only fools will join the club at 0.915-0.92.
yesterday major force selling well absorbed by serious investors n contra players escaped d guillotine...Come Monday we can see price testing Rm1.00 range....Huat arr!!!
Next week will be great for this , as last chart didn't touch to the bb20 top line , show the gate to hit the higher price at 0.97 is the support , if break 0.97 will try test at 1.00 but will need few day to consolidate before break to 1.00 and about .
please guys, when buy this counter... don't everyday look at it and complaint why this counter no energy. after buy go la starbucks coffee bean enjoy coffee and read more business magazine/newspaper. if you can find a better counter, drop this shit and move on.... but at this moment where can you find such a strong and defensive counter? Inari went up, Insas also went up, next to go should be *****N, maybe not. but do you really want to bet on such counter? nah... my instinct tells me to stick with this
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....
fortunebullz
2,000 posts
Posted by fortunebullz > 2014-03-27 00:11 | Report Abuse
Wait till the hype subside! Collect when others fed up! The earnings yet to show until factory up and running!