a fast growing company in a fast developing country...even if oil drops below USD35, malaysian GDP growth wont fall below 4%...mark my words. not my bird: keep 3 years to grow at least 300%.
this is a fine company and well managed. if you have patience, it will one day be rm2. but i doubt it will get there because the co will reward shareholders with bonus shares and expand sharebase like it did last year with 2 for 5 shares and same no of warrants
it is holding around 0.7... a good sign already.... just a month ago... price was around 0.62... its a good company with good directions.... sooner or later will pick up... and they are launching a new zetapark.....
Fitters Diversified: Sees MYR90m revenue from new business. Fitters is expecting its newly added pipe-manufacturing business to contribute a maximum of MYR90m to its revenue for the financial year ending Dec 31, 2015. Also, Fitters was looking at an average of 20% in profit margin. (Source: The Star)
Company still solid. NA per share is still above 0.75. The property division and renewable waste to energy down due to seasonality and near completion of its development projects. I'm sure there are more projects ahead. The entrance of the PVC pipes business will act as hedge for its revenue and seasonality of its other divisions.
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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....
UY
130 posts
Posted by UY > 2015-01-22 20:46 | Report Abuse
got to wait lar