The company promised annual dividend, has sent 0.02cent, to the company's quarterly reports, a conservative estimate of the annual dividend should be at least 0.03 to 0.04cent! The current stock price is also 3.5% DY buy! Fire service sound, renewable energy began to make money for their company, pvc would be highly optimistic about the industry, although the industry currently accounts for the bulk of its total revenue, but as long as the business began operations pvc industry believe will pull business contribution index Low! PE8.11 ROE14.56 EPS13.92 indeed be underestimated! Personally feel that a reasonable PE of 11! TP 1.54 2015 year-end have a chance to break RM2.50 (translated from Chris Yeong via Google)
On behalf of the Board of Directors of FITTERS, Hong Leong Investment Bank Berhad wishes to announce that the Company proposes to undertake the following proposals:
(a) private placement of up to ten percent (10%) of the issued and paid-up share capital of FITTERS (excluding treasury shares);
(b) bonus issue of up to 137,217,604 new ordinary shares of RM0.50 each in FITTERS (“FITTERS Shares”) (“Bonus Shares”) on the basis of two (2) Bonus Shares for every five (5) existing FITTERS Shares held at an entitlement date to be determined later (“Entitlement Date”); and
(c) issue of up to 137,217,604 free warrants in FITTERS (“Warrants”) on the basis of two (2) Warrants for every five (5) existing FITTERS Shares held at the same Entitlement Date as the Proposed Bonus Issue. Please refer to the attached file for details of the Proposals.
tomorrow gap up? what a nice play from fitters, announce goodies at T+2. now people want to pull away also hard. even i only have 30 tiny lots, i'm still happy to own it
Fitters is rewarding the loyal share holders with handsome returns. Well just dont be too over confidence tomorrow, initially will gap up but will have selling towards end of day. But i am still hoping for the best due to this good news!
looks like end of wave 2, consolidation period kicks in, normal for a stock to go into consolidation before entering a new stage of wave. wave 3... maybe will come right or before the entitlement date
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looks like monday gonna break 52 week high 1.13
glad to load up a lot at 1.00