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

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-16 15:33 | Report Abuse

the answer is issue new warrant will bring the share price more critical. today close 0.63

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-19 14:07 | Report Abuse

http://klse.i3investor.com/servlets/anpth/594112.jsp
check this out another share buy back range 0.60 - 0.45
good sign?

Posted by Matsaham Mashuk > 2012-11-19 14:18 | Report Abuse

Mmm..Downtrend mode wait for correction end. smile--)

Posted by Kokhoong Chai > 2012-11-20 09:35 | Report Abuse

Big shareholders starting to dispose.

mery

51 posts

Posted by mery > 2012-11-20 11:32 | Report Abuse

为什么,难道公司有什么问题?

chinwei86

114 posts

Posted by chinwei86 > 2012-11-20 14:39 | Report Abuse

wad happen to this counter? how come it drops?

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-20 15:40 | Report Abuse

support 0.62 to 0.635 this counter is oversold the director wanna push down the price before goreng

Hong2

340 posts

Posted by Hong2 > 2012-11-20 17:22 | Report Abuse

I will buy below 0.60!

Hustle

3,615 posts

Posted by Hustle > 2012-11-20 17:25 | Report Abuse

You can buy the expired warrant from buddy the here to convert mother only RM0.53

aunloke

974 posts

Posted by aunloke > 2012-11-20 19:49 | Report Abuse

Directors sold huge volume at 64 cent as he may need the cash to convert their warrants and on the same day someone bought 17M shares at one shot. I'm sure he can see the value of the counter that we may not or unable to see. BTW, after all the dust has settled, Fitter cash coffer will increase by RM 51M which will definitely improve its gearing ratio. The management has also bought back about 5% of its outstanding shares, hopefully, this treasury shares can be used as share dividend and then the picture will be totally different .

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-21 10:06 | Report Abuse

http://klse.i3investor.com/servlets/anpth/594772.jsp
another warrant issue

Posted by Kokhoong Chai > 2012-11-22 00:11 | Report Abuse

3rd quarter report is out/

nuriceson

14 posts

Posted by nuriceson > 2012-11-22 09:24 | Report Abuse

3rd quarter report make profit.Why the price not go up?

Posted by damonjun11 > 2012-11-22 09:32 | Report Abuse

according to the report. its NTA stand at 0.81.

Eric Tee

402 posts

Posted by Eric Tee > 2012-11-23 14:10 | Report Abuse

http://klse.i3investor.com/servlets/anpth/595589.jsp
CHK THIS OUT.
EVERYTIME ISSUING NEW WARRANT THIS COMPANY SHARE WILL DROP LIKE HELL

Posted by Kokhoong Chai > 2012-11-24 22:58 | Report Abuse

Any idea why the revenue is decreasing?

Posted by Kokhoong Chai > 2012-11-26 22:21 | Report Abuse

Jz found that fitters is using share buy back to increase the share price?maximum buy back price is 0.635

Hong2

340 posts

Posted by Hong2 > 2012-11-27 20:56 | Report Abuse

Noticed, when market down Fitters will UP!

aunloke

974 posts

Posted by aunloke > 2012-11-27 22:35 | Report Abuse

This shows that the management won't allow it to drop too low.

tonylim

4,796 posts

Posted by tonylim > 2012-11-27 22:46 | Report Abuse

sold half my holdings today, minimal profit

js00897

31 posts

Posted by js00897 > 2012-11-28 18:13 | Report Abuse

hmm.. still have warrant will exercise?

Posted by Kokhoong Chai > 2012-11-28 20:58 | Report Abuse

nope..warrant expired edi.

Posted by Matsaham Mashuk > 2012-12-02 13:54 | Report Abuse

Hmm..possible for uptrend if resistance 0.65 broken.TP1.00 by HwangDBS.Patience.nothing to loss.smile--)

Posted by Kokhoong Chai > 2012-12-03 16:39 | Report Abuse

With reference to your query and in reply, we wish to inform that the decrease in the Group's revenue (by 12% as compared to FY2011) are mainly due to :

1) Construction, Engineering & Property Division - due to completion of Festival Mall project (a major project for the division) in FYE2011.

2) Renewable Energy & Palm Oil Division - reduction in revenue from oil-palm extraction operation due to "La Nina" effect and high CPO inventory level in the market

mery

51 posts

Posted by mery > 2012-12-05 11:53 | Report Abuse

没动静。。。。好无聊。

mery

51 posts

Posted by mery > 2012-12-10 11:11 | Report Abuse

为什么到现在股价还是一直停在那里,公司到底怎么呢?一点动静都没有。

Titicamara

131 posts

Posted by Titicamara > 2012-12-11 17:57 | Report Abuse

Every day drop 0.05.

Posted by Matsaham Mashuk > 2012-12-11 21:17 | Report Abuse

Mmm..possible downtrend mode will continue.support 0.605.cut loss if cannot average.smile--)

Posted by firdaus8023 > 2012-12-11 21:19 | Report Abuse

This Dangerous 2012 Stock In Malaysia!!!

aunloke

974 posts

Posted by aunloke > 2012-12-11 23:33 | Report Abuse

There is no danger here, the management bought back about 7% of its own stock at the ave. price of 62 sen, the stock more or less may have reached the bottom.

Eric Tee

402 posts

Posted by Eric Tee > 2012-12-12 14:05 | Report Abuse

12/12/12 NICE LOW

Posted by Matsaham Mashuk > 2012-12-13 18:50 | Report Abuse

Mmm..a long way downtrend mode.cut loss.smile--)

kennethk

40 posts

Posted by kennethk > 2012-12-14 13:51 | Report Abuse

time to cutloss

trefoil

190 posts

Posted by trefoil > 2012-12-15 13:46 | Report Abuse

Better cutlose. Difficult to go up.

kcfan

1,881 posts

Posted by kcfan > 2012-12-15 13:51 | Report Abuse

RM0.50 below I'm waiting for ?

Posted by Kokhoong Chai > 2012-12-18 11:52 | Report Abuse

Well, is it considered as undervalue? But since it dn pay any dividend, watch better =)

Posted by Sarjit Singh > 2012-12-20 23:05 | Report Abuse

i am dilemma, i dont know i should cut loss or leave it alone. i bought it at 0.945,such a high price. thinking to cut loss and go for dividend company, loss huge.....what do u think?

ruslimz

1,609 posts

Posted by ruslimz > 2012-12-20 23:32 | Report Abuse

some positive sign because the company bought it own shares at current price. Two times already it went up to 65 sen but difficult to break. dont sell at current price. slight rally after this may be you can consider if want to get out...

Titicamara

131 posts

Posted by Titicamara > 2012-12-20 23:39 | Report Abuse

Its best the company quickly collect up to 10% treasury shares from current 7% and distribute it to shareholders like they did in 2009.

mery

51 posts

Posted by mery > 2012-12-21 09:50 | Report Abuse

sarjit我买的比你高,在0.995和0.84我也损失很大,买了其它的股,也都不会赚,这次输得很彻底。失败。

Posted by Sarjit Singh > 2012-12-21 10:53 | Report Abuse

i checked from other forum, one of the investor claimed that, perhaps, company will pay dividend due to cash rich in hand after warrant conversation, it was happened in 2008. try to hold for another quarter then!!!!I am upset because it is a very good fundamental company yet the price keep going down, same as ytl power!!!!!Thanks for the advices:):)

aunloke

974 posts

Posted by aunloke > 2012-12-21 12:24 | Report Abuse

The sell out most likely is due to arbitrage and some holders adjusting there holding after applying for the warrants especially the majority holders. At the moment it may not move up even though the fundamental is OK and the drop shouldn't be severe , in fact I just bought in some to start with.

kennethk

40 posts

Posted by kennethk > 2013-01-01 19:16 | Report Abuse

new year checking in: any thoughts on this counter? I invested at 0.65 now still very painful.

BC475654

605 posts

Posted by BC475654 > 2013-01-01 20:37 | Report Abuse

Well support at 0.60 past 2 weeks.High time to move up to 0.65 and next level at 0.72.Improved vol. past 2 days.Renew interest.Good sign.Let see how it goes 1st 3 days of 2013.Happy Tradin.

js00897

31 posts

Posted by js00897 > 2013-01-02 21:26 | Report Abuse

Sarjit, if really pay dividend is really a great news. this company have a good fundamental and yet the director have confident on it also. 2013 will be a better year!

nas8878

162 posts

Posted by nas8878 > 2013-01-02 23:25 | Report Abuse

this company is cash rich in hand but they will not pay dividend due to the management is planning for a big project in the near future....

Eric Tee

402 posts

Posted by Eric Tee > 2013-01-07 15:25 | Report Abuse

SUDDENLY UP??

chinwei86

114 posts

Posted by chinwei86 > 2013-01-08 09:45 | Report Abuse

hope it can up gradually.....

nas8878

162 posts

Posted by nas8878 > 2013-01-09 10:09 | Report Abuse

tp 0.80

Posted by banjuooo8305 > 2013-01-09 21:20 | Report Abuse

high gearing. cash mainly from bank loan.

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