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

pidan2014

72 posts

Posted by pidan2014 > 2017-10-26 15:36 | Report Abuse

Ripe to rebound, if can clear 0.40/0.41 with volume more than 5 mil, ....t/p o.48/0.50

Posted by supergreat > 2017-10-26 16:53 | Report Abuse

0.4 going to clear

mansaham1972

1,197 posts

Posted by mansaham1972 > 2017-10-26 17:10 | Report Abuse

Harap besok terbang,saya hentam waran 7.5 sen

Posted by sentimentrader > 2017-11-11 13:35 | Report Abuse

Potential next week for a play. Watch out!

Posted by BoomBoomChak > 2017-11-12 11:01 | Report Abuse

Agree. This share is undervalued

lenyan

172 posts

Posted by lenyan > 2017-11-13 09:10 | Report Abuse

coming result still going bad.. run before get caught

toholim

57 posts

Posted by toholim > 2017-11-24 19:48 | Report Abuse

Iya, got profit no dividen. How the share price wan to move upward. Let the directors carrying on the buying the shares n carry the burden until they realise dividen is imp.

Kuroda

15 posts

Posted by Kuroda > 2017-11-26 06:47 | Report Abuse

I'm anticipating this will move towards 0.75 in the long run.

DickyMe

14,884 posts

Posted by DickyMe > 2017-11-27 13:34 | Report Abuse

Revenue keeps dropping. Co. busy buying back shares into treasury.

DickyMe

14,884 posts

Posted by DickyMe > 2017-11-27 13:35 | Report Abuse

Annual result will be bad in the next quarter too.

Kuroda

15 posts

Posted by Kuroda > 2017-11-29 09:46 | Report Abuse

Fitters founds it rock bottom, take a deep breath for awhile, then ready to depart. The price steadily sustain in a bad weather. Here's your Captain reporting.

DickyMe

14,884 posts

Posted by DickyMe > 2017-12-05 17:31 | Report Abuse

Captain of Titanic asking people to sink with him.

Kuroda

15 posts

Posted by Kuroda > 2017-12-06 02:02 | Report Abuse

Anyone could endure such sea sickness, will rejoice with beautiful scenery. Our vessel as of now can only reached maximum speed of 0.75 knot.

Yoko

249 posts

Posted by Yoko > 2017-12-07 21:22 | Report Abuse

Skeptics will only join when you reached 0.75knot. They will embark when you disembark. Indeed this counter have been sleeping for a while. My average cost is 0.425 but then I am in for a long run. Definitely not for day traders or the faint hearted. I am with you Kuroda.

Posted by crash8593970308 > 2017-12-08 20:34 | Report Abuse

recognize a valuable rock before it is polish by fund manager and stock analyst into a gem.

Kuroda

15 posts

Posted by Kuroda > 2017-12-09 00:23 | Report Abuse

Let it cherish our patience. The sign of resurrection is already there where people starting to give up, insulted, or even getting lost of hope. Do have faith on this counter, it won't let you suffering after all.

Thanks Yoko and those stand firm with yourself. ^^

KKKS

63 posts

Posted by KKKS > 2017-12-09 00:57 | Report Abuse

Buy back..... I also confused..??? So many in so many moons

07-Dec-2017 07-Dec-2017 Buyback 360,000 0.395 0.405 View Detail
24-Nov-2017 24-Nov-2017 Buyback 520,000 0.395 0.405 View Detail
22-Nov-2017 24-Nov-2017 Buyback 2,070,000 0.395 0.405 View Detail
22-Nov-2017 22-Nov-2017 Buyback 1,550,000 0.405 0.405 View Detail
10-Oct-2017 10-Oct-2017 Buyback 487,500 0.365 0.365 View Detail
05-Oct-2017 05-Oct-2017 Buyback 500,000 0.370 0.375 View Detail
04-Oct-2017 10-Oct-2017 Buyback 1,340,500 0.365 0.375 View Detail
04-Oct-2017 04-Oct-2017 Buyback 353,000 0.370 0.375 View Detail
14-Jul-2017 14-Jul-2017 Buyback 600,000 0.405 0.405 View Detail
13-Jul-2017 13-Jul-2017 Buyback 181,700 0.405 0.405 View Detail
12-Jul-2017 12-Jul-2017 Buyback 250,000 0.405 0.405 View Detail
11-Jul-2017 14-Jul-2017 Buyback 2,631,700 0.400 0.405 View Detail
11-Jul-2017 11-Jul-2017 Buyback 1,600,000 0.400 0.405 View Detail

Yoko

249 posts

Posted by Yoko > 2018-01-04 14:43 | Report Abuse

The Dog is barking now. Time to accumulate more ??? Look Promising, CI touching 1800s.

pidan2014

72 posts

Posted by pidan2014 > 2018-01-04 15:55 | Report Abuse

Waking up ....................

Yoko

249 posts

Posted by Yoko > 2018-01-04 16:56 | Report Abuse

Great just sold 400lots at 0.45. Angpow for CNY. Keeping the rest until Kuroda target reached.

Yoko

249 posts

Posted by Yoko > 2018-01-04 16:58 | Report Abuse

Mr Fu must be gorenging for the GE14. Don't sell yet. As for me, I need some money for CNY. Oldman no income only waiting for Bursa to give some. Still keeping lots of it

cyctailor

53 posts

Posted by cyctailor > 2018-01-04 20:35 | Report Abuse

The sleeping dragon is awake now!

Kuroda

15 posts

Posted by Kuroda > 2018-01-05 01:46 | Report Abuse

Congrats those have faith in Fitters. Especially Yoko and happy CNY to you in advance ^^

I have no further comment. Just want to sit back inhales fresh air on my old vessel, the captain just rushingly unleashed her sails. I almost drop from my seat. See you there everyone's.

acedon

26 posts

Posted by acedon > 2018-01-05 19:03 | Report Abuse

Seems like fitters not fit enough..oledi out of steam when the rest marching through..

kakashit

1,472 posts

Posted by kakashit > 2018-01-07 14:49 | Report Abuse

Revving up right now, Salcon punya boss Eddie Leong emerged as sub shareholder, must hv something to do with the piping.

Posted by crash8593970308 > 2018-01-07 23:49 | Report Abuse

imagine what will happen to the share price if putrajaya announce all state old steel base main water pipe must be replace by pvco pipe . the pipe is more durable , easier to replace more hygienic, no matter what the outcome of GE 14 pvco pipe will replace all steel base water pipe . Who has the capability, the know how and the sole right to produce it in south east asia ? FITTER

laulau

420 posts

Posted by laulau > 2018-01-10 15:28 | Report Abuse

This good news?

Since Salcon boss substantial shareholder of Fitters for pvco pipe replacement?

Salcon bags Selangor pipe replacement contract
PETALING JAYA: Water and wastewater engineering company Salcon Bhd

Salcon has hit a hat-trick this year after securing a third contract worth RM17.16mil from Pengurusan Air Selangor Sdn Bhd.
https://www.thestar.com.my/business/business-news/2017/11/17/salcon-bags-selangor-pipe-replacement-contract/

Posted by crash8593970308 > 2018-01-10 17:06 | Report Abuse

Malaysia total water pipe more than 100000 km Thailand 200000 km .Vietnam ? Philippine ? what if china bought the rights from fitter or JV with fitter for the replacement of pipe in china what is the total length of water pipe in china ? 5 mil km 10 mil km ................... fitter could become a blue chip counter

Yoko

249 posts

Posted by Yoko > 2018-01-10 19:11 | Report Abuse

Sold some shares earlier at RM0-45 and now am buying back Fitters shares. Thanks for sharing. monitoring the behavior of the shares, I noticed something brewing.

KEYBOARD

267 posts

Posted by KEYBOARD > 2018-01-11 09:27 | Report Abuse

FITTERS 60

jfanalytic

140 posts

Posted by jfanalytic > 2018-01-17 18:16 | Report Abuse

Renewable energy segment is recovering, potential pipe replacement project award and rising volume. Something is brewing.

DickyMe

14,884 posts

Posted by DickyMe > 2018-01-29 09:33 | Report Abuse

How much profit can be made from RM17M after deducting all necessary costs? Chicken feet compared to number of shares.

Yoko

249 posts

Posted by Yoko > 2018-01-29 13:43 | Report Abuse

Downside risks limited and pending a bullish ascending triangle breakout. Following a bullish breakout above 200d SMA (now at RM0.40) in early Jan, the bulls are likely to back in charge, in anticipation of a potential ascending triangle pattern breakout. Downside risks are cushioned by active share buyback exercises (treasury shares of 29.63m as at 19 Jan or equivalent to 6.2% of issued shares), expectations of better FY18 results (after recording the best quarterly results since 3Q15) and undemanding 0.55x P/B (lower than its 10-year historical mean 0.83x).

A decisive break above RM0.44 (overhead neckline resistance) would spur prices higher towards RM0.465 (5 Jan high) and our ascending triangle breakout objective at RM0.525 next. On the flip side, key supports are RM0.41 (50d SMA) and RM0.40. Failure to hold near RM0.40 may weaken share prices lower towards RM0.355 (28 Aug low) zones. Cut loss at RM0.39.

Source: Hong Leong Investment Bank Research - 29 Jan 2018

Posted by holefook67 > 2018-01-29 17:03 | Report Abuse

Respect to shareholders. What is the company going to do with the sale proceeds from sale in China, thats about RM25million if I am not mistaken.
PVC pipes I agree but timing bad and no one in Malaysia seems to recognise this.
How nice if it did go up?

xncziyi44

124 posts

Posted by xncziyi44 > 2018-01-30 00:39 | Report Abuse

t shares 30mil(ave pr.0.50) value rgt15 mil. if price hit 0.75 potential gain rgt7.5mil.can fitters make rgt 7.5 mil if it invest rgt15 mil say in 3 years? possible. but t shares purchases more then maintain mkt prices of fitters.is treasury purchase these last 10/12 years justifiable? please comment.

Yoko

249 posts

Posted by Yoko > 2018-01-30 15:48 | Report Abuse

Target Price: RM0.475, RM0.500
Last closing price: RM0.450
Potential return: 5.5%, 11.1%
Support: RM0.420
Stop Loss: RM0.410

Possible for further upside. FITTERS’ bullish RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.450 be genuinely broken, it may continue to lift price higher to the subsequent resistance levels of RM0.475 and RM0.500.

However, failure to hold on to support level of RM0.420 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 30 Jan 2018

Posted by crash8593970308 > 2018-02-01 09:56 | Report Abuse

17 mil pipe replacement job is only a pilot project its not about how much profit will be generated from this project it is to justified the usage of pvco pipe . once justified and proven it will be full scale

ding dong

1,870 posts

Posted by ding dong > 2018-02-03 14:30 | Report Abuse

waaaaaaaaa......vely good stoli.....wen want to goleng maaa...

DickyMe

14,884 posts

Posted by DickyMe > 2018-02-12 22:52 |

Post removed.Why?

supersamy

663 posts

Posted by supersamy > 2018-03-21 15:43 | Report Abuse

well well..recently agggresive buying bk share..lets see how high it can go...macd cross..gluck guys..i m in

Posted by holefook67 > 2018-04-06 21:02 | Report Abuse

Ok, so far everyone has stayed silent so no surprise there but they actually managed to finally get something sustainable in their books, sale of renewable energy. Good job, just going to do some calculating, maybe someone can do a better job and estimate the amount of cash flow that will be coming in

Posted by holefook67 > 2018-04-09 10:44 | Report Abuse

And its down, such a depressing share and no one seems to support it from the BOD side. Must ask how much it can contribute positively, RM8000 a month!! Nice if management can eloborate

Posted by holefook67 > 2018-04-12 11:34 | Report Abuse

Brilliant company, has an MOU with Felda, a company who has funds and who cab actually use their products and the contract as preferred supplier is worth RM57m and yet the share price does not move, what more can you do eh! TO by directors!!

acedon

26 posts

Posted by acedon > 2018-04-12 16:09 | Report Abuse

Such a great deal but not enough to spook market...so sad lo..maybe needs few more mega deal only then market will pay attention..

dex

493 posts

Posted by dex > 2018-04-19 07:35 | Report Abuse

Director buy already

Posted by holefook67 > 2018-04-30 10:56 | Report Abuse

good article in edge daily today, good to read for those who want to hold but not for those who want to buy as the price hardly moved!

Posted by BoomBoomChak > 2018-05-15 23:31 | Report Abuse

No dividend n we get nothing. Y want to hold I really wonder

Posted by BoomBoomChak > 2018-05-15 23:33 | Report Abuse

Price not moving some more

Posted by BoomBoomChak > 2018-05-18 12:39 | Report Abuse

Wahhhh

Posted by BursaSnipers > 2018-05-18 16:41 | Report Abuse

Fitters gogogogogogogo

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