rex23.... if hold 6 mths can become 15 sens. now buy more and keep also worth it, better than bank interest. But frontken I am not worried. Just TL only, bcos no dividend, like keeping inside the refrigerator. .
_ NTA is 0.230 -Total no of shares is 1.1 billions @RM0.100 -Total debt is 88 millions -Total Cash in hands is 37 millions - Total asset is 370 million - Financials 2009, 2010, 2011, 2012, in the Black with profits ranging from 1.3 to 0.30 cents per share. BUT 2013 with a loss of near 2 millions due to one time write off on depreciation and Taxation. -Future outlook. Fronkln is one of the two companies specialising in chemical coating of metallic surface and pipings. its contract with Tj Bing worths 120 millions will be completed by May, 2015. It is also entering O& G businesses with the acquisition of TTES, winning new contracts from Petronas.... Expect positive strong growth in 2014/2015....
The WA is expiring in March, 2015., ..... recent high vol transaction on both Mother and WA rekindles the rumours on Privatisation, as the German (non ED) is now holding almost 30% of Fronkln...
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....
steveooikp
4,689 posts
Posted by steveooikp > 2014-06-23 17:28 | Report Abuse
rex 23.... keep lah .... frontken shd be the best penny stock at this moment...