Huge loss is because of Impairment loss on investment in associate 对联营企业的投资 减值损失 6,885,000
上个季度的财产 Investment in an associate 7,330,000 这个季度没有了 说明Fitter投资外国的联营企业的子公司大概破产了
1 Associate of Future NRG Sdn Bhd Investment holding 40% 2 Subsidiary of AHT Syngas Technology NV Engineering and production of biomass and coal-co-generation systems (gasification) 100%
Share of result of associate, net of loss (445,000)
Everyone has their own strategy of investment. Because of inexperience in stock market 2 years ago, I did wrong investment in this counter. I cut loss last year, lost 2.2K. Until today, I still feel lucky because I regained my capital and earned back money in other counter.
Indeed, you need a mirror in your room. 1.Fitters price lower than nta 2. EPS minus due to investment So are you saying fitters "fundamentally" can invent due to the reason? I would not rate myself as expert but at least I won't mislead others with the "polished" and "technical" terms for own interest. You know what I mean.
How long you has been promoting this counter and I assume you understand well the stock. Please do convince us the potential of Fitters with 5 years roadmap. And be professional, do not personal attack
Amazing. But what does it related to fitters performance? Be frank, nobody would care your background. You are keep calling people buy fitters since year 2015 since fitters downfall until today. I not sure because your own interest(due to trap on this share) or Fitters is a good share and have strong fundamental. Honestly i don't see the point that you have mention is good criteria to enter fitters. 1.Fitters price lower than nta. 2. EPS minus due to investment
NOTE: keep promoting something good for public then you are doing good. If you are keep promoting something uncertain or for your own agenda then you have sin :).
Anyone has latest on its piping business? It cant be in the red all the time since full production capacity last year. care to discuss its potential in terms of profitability of business, seeing so much development work and infrastructure projects being undertaken nationwide
Mr.Yoko, Josh Ong asked a fair question about your promotion of this counter since 2015. The chart shows a depressing technical story for those who were tempted and bought. Financially, it's last quarter loss erased previous three quarter's gains. thus making net loss. On what basis, are you suggesting to engage in this stock?
have to wait for another year (if the construction of house go well in rawang, if you still so). no catalyst... worse case might come in these two q results. see you at 25 cents.
How much shares are in float actually? This counter par value is how much? How much share has been bought back? Answer these and you will know whether or not it is a bargain buy or should be avoided. These infos are all in public domain. The company also declared some dividends, having lost quite a bit of ground during the oil price crisis. But it invested in a pipe making business that should not be in smooth running production. It has also gained one project not too long back. Why is the price so low? Think about it.
Fitters had big piece of land @ bkt rahman putra sg buloh n had initiate launching which get tremendous respond. Watch out for this great catalyst...maybe just maybe they purposely let the price to depreciate to capitalize on it later...
The construction job they secured not a one time project...they had big scale development which is sort of like a TOD concept....it will generate consistent revenue for years...furthermore its not in rawang but bkt rahman putra sg buloh...very prime area n sought after..
Stock [FITTERS]: FITTERS DIVERSIFIED BHD Announcement Date 12-Oct-2017 Date 04-Oct-2017 to 10-Oct-2017 Number of Shares 1,340,500 Currency Malaysian Ringgit (MYR) Price (per shares) 0.365 - 0.375 Total Amount 496,672.09 Total Treasury Shares 24,190,000
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....
BoomBoomChak
100 posts
Posted by BoomBoomChak > 2017-03-22 07:31 | Report Abuse
No news. It wont last long