Next Monday is T3 for those bought on Wednesday. I predict Frontkn will drop further to 0.17-0.175, maybe after lunch break only will rebound. I bought at 0.18 on Wednesday and sold at 0.19 yesterday, wait to buy again next week. Remeber don't buy warrant!
With the encouraging outlook for the oil and gas industry in Malaysia following the implementation of the Economic Transformation Programme (“ETP”), which aims to make Malaysia the number one Asian Hub for oil field services, the Proposed Acquisition provides an attractive opportunity for FCB to mark its involvement in the promising oil and gas industry in Malaysia. The Proposed Acquisition will enable FCB to tap into the existing client base of TTES (READ PG. 5 for more). See link below...
_ 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...
God Bless 07/07/2014 12:57 08/07/2014 12:56
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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....
AyamTua
13,598 posts
Posted by AyamTua > 2014-08-15 12:07 | Report Abuse
ada orang salah baca mantera kah? .. wakakakaa