Using candle chart, the initial resistance is 0.24 sen. I usually don't set any target price, I sell based on instinct. Technical analysis is only a guide. True experience tells me not 100 % accurate.t.
apini, i dont say buy or sell. i only mention shark vs ikan bilis. any decision u make urself. i only say what i see. how about you? judging others instead?
Table 6.1: Assumptions Current stock price $0.19 Share outstanding (Mil) 1008914 This year FCF (Avg last 3 years) $21,058 Next year's FCF (mil) $22,111 Growth for the next 5 and 10 years 5.0% 3% Teminal growth rate, g 3.00% Discount rate, R 10.0%
Table 6.2: DCFA PV of FCFF of core operations $337,000 Non-operating cash $51,575 Investment in Properties $1,730 Investment Securities Debts ($37,511) PV of FCFE $352,794 Less minority interest ($67,031) 19.00% FCFE $285,763 Number of shares 1008914 FCF per share $0.28 53% MOS 35%
Intrinsic Value of Frontkn is RM0.28. Potential gain of 53%!
Posted by rikki > Mar 17, 2015 09:05 AM | Report Abuse X
Frontken Corp
FRONKEN Corp has recovered to within striking distance of the previous rally peak on bargain hunting interest. The trend ahead is pretty simple. A decisive breakthrough of the 20 sen hurdle would signal the resumption of an uptrend, en route to the 25 sen level, and probably the 30 sen mark later. Current support is pegged at the 15 sen line http://www.thestar.com.my/Business/Business-News/2015/03/17/Support-Line/?style=biz
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....
apini
1,445 posts
Posted by apini > 2015-04-10 10:54 | Report Abuse
sifu cpng
Taiwan subsidiary price increases 1.6% , just now I checked.