FITTERS DIVERSIFIED BHD

KLSE (MYR): FITTERS (9318)

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Last Price

0.04

Today's Change

+0.005 (14.29%)

Day's Change

0.03 - 0.04

Trading Volume

3,172,900


16 people like this.

4,757 comment(s). Last comment by koyokui 1 week ago

jfanalytic

140 posts

Posted by jfanalytic > 2015-11-18 19:17 | Report Abuse

Next Q result may not be good also.

UY

130 posts

Posted by UY > 2015-11-19 23:46 | Report Abuse

I think so, normally their website update their news and info, recently very quite and no info update , even pvc-o plant also no update.

Posted by shareinvestment7 > 2015-11-20 08:23 | Report Abuse

What happen to this company? Prospect still good?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-20 08:30 | Report Abuse

this company always playing trick of plan to listing their subsidiary in other countries to cheat ppl buy in.

Posted by billionchew > 2015-11-20 22:16 | Report Abuse

best time to buy in at this price, dun miss it!

acedon

26 posts

Posted by acedon > 2015-11-21 10:17 | Report Abuse

Very concern about fitters at this juncture...seems like their business plan not working too well...miss out on big piping contracts....needs to be more agressive in marketing i suppose...

J2529

379 posts

Posted by J2529 > 2015-11-25 15:33 | Report Abuse

report out?

Posted by chiongster1234 > 2015-11-25 16:02 | Report Abuse

not yet, from the prices movment don't think will be good.

J2529

379 posts

Posted by J2529 > 2015-11-25 17:00 | Report Abuse

so someone already know result lo

Posted by shareinvestment7 > 2015-11-27 17:29 | Report Abuse

results out,, nightmare again!!

J2529

379 posts

Posted by J2529 > 2015-11-27 17:37 | Report Abuse

what is wong doing ..

Posted by Stanley Hong > 2015-11-27 17:54 | Report Abuse

buy 10 lot @0.48 hahaha, down more .. buy more

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-11-27 18:00 | Report Abuse

buy more, rugi more

Posted by Stanley Hong > 2015-11-28 00:14 | Report Abuse

1. Ecoworld 2. Mahsing 3.Fitter this my top 3 pick counter

UY

130 posts

Posted by UY > 2015-11-29 16:43 | Report Abuse

this quarter report show improvement on Hypo pipe business and especially on renewable energy business after a year of low revenue. atleast I can see what I wish after long waiting.

Upmaster

158 posts

Posted by Upmaster > 2015-11-30 08:49 | Report Abuse

QR better than i expected

Posted by skylifttoptoptop > 2015-11-30 10:13 | Report Abuse

yup. hold for the 2016.

Posted by skylifttoptoptop > 2015-11-30 10:15 | Report Abuse

good time start feb 2016 ?

Fitters Diversified to supply renewable energy to Tenaga over 16 years.

Fitters Diversified Bhd’s biomass plant in Baling will supply renewable electricity to the national grid for 16 years, starting in February 2016.

http://www.thestar.com.my/Business/Business-News/2015/06/26/Fitters-Diversified-to-supply-renewable-energy-to-Tenaga-over-16-years/?style=biz

bjax22

44 posts

Posted by bjax22 > 2015-11-30 11:37 | Report Abuse

The quarterly reports NEVER explains why HYPRO PVC-O pipe business is making more loss.
Bank loan has doubled assuming for purchasing of the pipe manufacturing property/equipment, and AHT Syngas in Netherland.
I wonder why "Depreciation and amortisation" has doubled. Need to look at the next annual report.

Renewable energy is now the main revenue generator.

UY

130 posts

Posted by UY > 2015-12-01 21:02 | Report Abuse

Bjax22 , u had good point , possible kuantan PVC-o plant still in expand according to plan should be another production line up to year end 2015.

bjax22

44 posts

Posted by bjax22 > 2015-12-02 16:50 | Report Abuse

UY, you're right, their plan is to have 3 lines running by end of 2015. By calculation, they estimate production of 7,000 tonnes or 2,354KM of pipes by end of 2015. Datuk Richard Wong expect revenue of RM70-75 millions and average 20% profit margin for this year. However, the QR shows that the revenue is only at RM2.5 millions. Can they catch up? I doubt that.

On the other hand, TNB is buying 2MW of electricity at RM0.47/kWh for 16 years. I wonder why TNB are willing to buy at this rate, higher that most commercial or residence tariff. High rate also means TNB cannot buy more electricity even though FBG can produce more than 2MW. It is very hard to compete when the world fuel price is low.

The profit is diminishing.. like tears in rain..

UY

130 posts

Posted by UY > 2015-12-03 20:41 | Report Abuse

Wait n c how lor, what to do! Already no eye see

alibabacoming

3,466 posts

Posted by alibabacoming > 2015-12-04 09:57 | Report Abuse

game over counter, how could you guys confidence on the management?

whoami

5 posts

Posted by whoami > 2015-12-04 18:18 | Report Abuse

:)

soon9913

2,816 posts

Posted by soon9913 > 2015-12-06 22:19 | Report Abuse

Anyone got fren works in fitters?

soon9913

2,816 posts

Posted by soon9913 > 2015-12-06 22:20 | Report Abuse

Mind to share the latest development of this company?

Win188

276 posts

Posted by Win188 > 2015-12-07 22:00 | Report Abuse

This share can up above RM0.55? I bought at 0.48 today...

Posted by MoneyJoker > 2015-12-14 14:55 | Report Abuse

Once the price reach rm 0.44, sure buy

TomyamGong

4,156 posts

Posted by TomyamGong > 2015-12-16 18:43 | Report Abuse

Price hit 0.40 I will sell all my assets including underwear go all in!

toholim

57 posts

Posted by toholim > 2015-12-18 12:37 | Report Abuse

Great confidence. Mayb I will also join in.

J2529

379 posts

Posted by J2529 > 2015-12-21 14:59 | Report Abuse

collect again. share buy back

Posted by chiongster1234 > 2015-12-21 17:19 | Report Abuse

:(

UY

130 posts

Posted by UY > 2015-12-22 21:52 | Report Abuse

J2529, u know share buyback is due to avoid it drop further or got good news coming soon??

Posted by chiongster1234 > 2016-01-01 12:53 | Report Abuse

142k ringgit?

Posted by chiongster1234 > 2016-01-02 10:43 | Report Abuse

Hey baby, i already pick you in my stock pick, don't make me cry ok. :)

MC88

642 posts

Posted by MC88 > 2016-01-04 07:11 | Report Abuse

This stock has lost focus. That's why they use the word Diversified. Just focus on one business and do it very well.

Win188

276 posts

Posted by Win188 > 2016-01-18 19:14 | Report Abuse

share buyback on 14, 15 & 18 January...

Posted by shareinvestment7 > 2016-01-18 22:40 | Report Abuse

share buyback? Good or not good?

Win188

276 posts

Posted by Win188 > 2016-01-18 23:01 | Report Abuse

share buy back should be good as company feels that current share price is undervalue and confident with the company. Therefore, they will buy their own share....

Win188

276 posts

Posted by Win188 > 2016-01-18 23:03 | Report Abuse

@shareinvestment7...do u have any share of Fitters?

Posted by shareinvestment7 > 2016-01-19 18:33 | Report Abuse

Yes I still hold fitters because stuck at high price.. Feel like this is a wrong investment and thinking cut loss and put more fund in latitude, SAM and Liihen.

albukhary

3,039 posts

Posted by albukhary > 2016-01-28 11:41 | Report Abuse

what happen to their PVC-O pipe? No sales at all?

Posted by shareinvestment7 > 2016-02-10 21:34 | Report Abuse

Fitters cont share buy back for past 1 month, any reason behind that?

Posted by shareinvestment7 > 2016-02-19 19:27 | Report Abuse

Good OR coming? I doubt it.

Xiao Mi

468 posts

Posted by Xiao Mi > 2016-02-23 21:07 | Report Abuse

I just cut loss at 0.46

Posted by smartInvestor1 > 2016-02-23 22:27 | Report Abuse

Buy back to improve ROE. EPS has dropped. While the price is dropping slowly..that make the PE increase to 15. Buy back at down market when performance has good or normal growth then it make sense. Fitter should buy back. But investor should not stay any longer with this poor performance company at this down market.

Josh Ong

449 posts

Posted by Josh Ong > 2016-02-25 16:22 | Report Abuse

When quarter report will out?

beso

2,137 posts

Posted by beso > 2016-02-25 19:16 | Report Abuse

slip into loss in q4, sell down tomorrow

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2016-02-25 20:07 | Report Abuse

Useless management, where is the promised profit from the PVC pipe segment

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