there r not many goldmines, striking right is no easy job as there r >1700 counters in klse. i believe frontkn is one, waiting to be mined. will buy more when jammed up fund are released. tkp1 i think you can start thinking of holding a party to celebrate now
thanks Koh & KC53, I know many of us in Frontkn have the same faith and belief in this counter, let's hope for the best, the QR results will provide some guidance on how far this counter can run.
Frontken has a very good fundamentals beside the earning is really improving...they have a few pieces of lands which is not been revalue for long...11154 sqm land at Gul Circle in Singapore that was acquired in 2001 while its subsidiary has a 16966 sqm land in Tainan City, Taiwan, which was acquired in 2004..I believe the major shareholder is going to attempt to make another offer to take it private very soon..stay tune!
consolidating mode?? better dont chase as the ATR (average true range) is only 1 sen.. meaning if you buy at 0.270, you only get 1 sen profit to 0.280 to sell.. if price goes down to 0.260 - 0.265, you lose 1/2 to 1 sen.. either its break even or lose.. unless the ATR is min. 1.5 to 2.0 & above.. then you either earn 1/2 to 1.5 sen & above.. for the past 1 week plus struggling to go pass 0.280.. after reaching 0.275.. then fell to 0.270 to 0.260..
good deal to enter is 0.260 to 0.265.. for me personally, I rather choose to enter 0.260 to play safe
this is the average price range (0.260 - 0.265) for the past 2 weeks after drop from 0.285 to 0.290.. trade with caution.. all the best!
you never learnt from many sifu here, if your TP is very much higher than the current price, what is half a sen? this half sen can cause you miss thousand, you know?
Sometime we are lazy to answer those lazy minded question such as when is the QR ?? Please refer back the previous qr release period. U might find some answer there . . Don't be lazy for just simple few click .
LFECoRp??? What happened to the insider information ? Like 1MdB loan wakakaka. Tengku Faisal?? Action that day now walk with tail between legs. If you still have
I can relate this to Frontkn perfectly. Frontkn not only grow in profit, but also the cash flow which is king in business, at the same time, Frontkn buying back own share to reduce the number of share instead of keep issue new share/right issue. You can hardly find a penny stock in KLSE like Frontkn nowadays, Frontkn will shine from 2015 onwards !!!!!
To invest in this stock, don't worry about the short term up and down, look for long term, the business is doing all the right things you can ask for, the amazing part is this is still a penny stock, the potential is tremendous !!!!!!!
I keep smiling everyday that I make the right decision to all in this counter around 0.2, it make my work very easy for 2015, I can sleep well at night not have to worry even when US index go down, as I know this stock will stay strong, hold well.
Technology stocks start to move up yesterday ... I repeat ... start to move up. You can sleep well, may be a good dream to make your million in Frontkn. Best of luck to you. Thank you.
Posted by TengkuFaisal > May 13, 2015 11:54 AM | Report Abuse
Stay sideline until political instability is certain! Posted by fortunebullz at May 12, 2015 05:52 PM | Report Abuse One thing is certain! It's pointless to be in the bursa now! Sentiment is simply in negative territory!
Posted by fortunebullz > May 13, 2015 10:49 AM | Report Abuse
Forming a strong support at 26 cents!
trader1121 15 posts Posted by trader1121 > May 13, 2015 10:57 AM | Report Abuse
will go up, but not this week
fortunebullz 1777 posts Posted by fortunebullz > May 13, 2015 10:59 AM | Report Abuse
26 cents is a safe price to buy now!
Answer : Where is Tengku Faisal aka Optimus my bro!
Guys, any idea who is the one keep selling, last time we mentioned Kenanga, T+4 traders etc, but seem like the selling pressure is forever there. If the fundamental is so good, unlikely only those in this forum are aware right, hmmmmm
There is reason why share market is so fun and hard to play as well, because everybody are thinking differently. Many of us includes me want it to go to 0.40 or maybe higher. Some people may have already own this share at 0.15/0.20. So for them 7-12 cents of profit is more than enough so they sell lo. My average is 0.25, so if i want to earn 12 cent then i sure hope it go to 0.37 or higher lo. So the selling pressure is always there one.
Midf reported some foreign funds cashed out liao.may-june a lot stress for our foreign fren.waiting us treasury to to decide on the rate, up down or no change.oso waiting by sideline with their cash to ngap when the price is low enuf.glad that frontkn can hold despite the recent meltdown. Hope the worst is over liao.awaiting good times ahead
I'm waiting for 20/5 for the Q1 result to be release! I'm confident it will be a record quarter results, let's sit tight and wait for the announcement!! If the result is exceptional, sign of distributing dividend will be very positive. Few semi con company has announce good quarter results hence I'm sure that this fellow will not dissapoint us.
today dumped 200k kept 100k only..no momentum..cause no manufacturer..cannot be blinded and compare them to real semi con companies like skpres, inari, vitrox, gtronic..frontkn alrdy fairly value actually..Haih i bias cause huat from 23c to now..but think about it..frontkn maybe cannot fly much d..priced in zzz
Alphajack: yea this is no semi con business ...but since so many semi con business doing well this year so I think frontkn business also good... More importantly Asia just starting wake up....try to imaging if China and India people every 1-2 years change their phone or other product relate to semi con..... The trend just starting now....how far this can go I dunno...
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....
KC53
363 posts
Posted by KC53 > 2015-05-14 11:12 | Report Abuse
there r not many goldmines, striking right is no easy job as there r >1700 counters in klse. i believe frontkn is one, waiting to be mined. will buy more when jammed up fund are released. tkp1 i think you can start thinking of holding a party to celebrate now