Tan Siew Ching is linked to Tan Chong Motors and her husband who is Flonic's Chairman has a family link with Mercedes distribution in Malaysia.So any possibilities of auto sector injected into Flonic?????
I jus bought (belum bayar)another 200k shares at 0.105 and 0.11. Got some extra funds from selling of TMS (bye bye - 2 years I've been holding paper loss and luckily mid year I average down a lot and eventually hav some profit)and FCW. Dont buy Flonic if u cant hold. For me, it's still a gamble which I am prepare to hold. Immediate - monitor for appointment of new director(s)- just my own personal 'investor risk taking' view.
Yes I agree with u Oswald, I also still averaging down my holding n still queuing to buy at 10.5 sen for the past few days but still unable to get. Today I've keyed in earlier n asked my reminsier to approve earlier so that hopefully my queue will be infront.
I think it about time for an up trend as most of the problems have been cleared except minor one like appointing new n able directors to run the company then everything will be PERFECT.
They are waiting for the approval letter from SC to approve their private placement after that only they will push up or maintain the share price at current level. Most likely the placement price will fix at 10 cents which is 5% discount from the 5days average price at around 10.5 cents.
3Q will show a vast improvement in its profit.My personal opinion after carefully studying and analysing all the news and reports.Announcement end Dec'13 and hope for the best.
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....
Freaker
177 posts
Posted by Freaker > 2013-10-02 15:37 | Report Abuse
Siok sendiri..