Posted by AishahNasimuddin > 2017-12-05 16:31 | Report Abuse

Trend hasn't retraced or corrected yet. Be careful. Hitting resistance. Any other opinions on technical analysis?

Posted by funitec > 2017-01-05 12:53 | Report Abuse

Party just started. Let's see it to 68 and above. Technically going strong.

Posted by AishahNasimuddin > 2017-01-06 12:56 | Report Abuse

However, we also can't deny that this is an export counter, with their bulk earnings in foreign currencies, with the weak ringgit now close to 4.5, this counter is expected to perform considering they are the pioneer of their niche industry. Furthermore, the quarterly results are coming up soon. Maybe we can compare the trend to other export counters? If others are moving, this could be the reason also?

Posted by UncleSam > 2017-01-05 16:08 | Report Abuse

I hope the price drops and corrects to the 5_ cents range asap. Hahah. Uncle needs a CNY value buy.

Posted by Song Lee > 2017-01-06 00:05 | Report Abuse

What'up

Posted by foreign_fund > 2017-01-06 06:13 | Report Abuse

Donald Trump to become US president on 20th Jan. Will he keep promise to implement US protectionist policy? If not can revoting happen?

Posted by donfollowblindly > 2017-01-06 06:18 | Report Abuse

Profit drop 35% QOQ, 56% YOY. If follow KYY Golden rule sure must sell.
http://klse.i3investor.com/servlets/stk/fin/0149.jsp

Posted by joekit > 2017-01-11 15:14 | Report Abuse

Fibon is a retailer of gold products, from bars to rounds to coins. Fibon have proper and full accreditation from the state, federal government, and distributors alike. As a fully licensed and attributed company, you can take peace of mind knowing that you are dealing with a credible company who values your safety and security just as much as you. Should you have a question about prospective orders, orders in processing, or completed orders, simply contact our phone support or email support. We are always willing and able to assist you with an existing order or to answer any questions that you may have.

Posted by joekit > 2017-01-11 15:15 | Report Abuse

Pure Copper is a ductile metal with very high thermal and electrical conductivity. It is soft and malleable; a freshly exposed surface has a reddish-orange color. Electrical uses of pure copper, including power transmission and generation, wires for building purposes, telecommunication, and electrical and electronic products.

Fibon supply the most popular form of pure copper being copper containing 99.9% Cu. It has a high electrical conductivity, and normally used as an electrical conductor.

Posted by funitec > 2017-01-11 21:57 | Report Abuse

Support at 0.615. s2 0.61 s3 0.605. If it breaks 0.63 or 0.635 it will go go .

Posted by funitec > 2017-01-11 21:58 | Report Abuse

RSI way above 70%. Still good.

Posted by matrix6050 > 2017-01-13 00:29 | Report Abuse

join in the party

Posted by funitec > 2017-01-18 15:55 | Report Abuse

SMA 50 turn around, .about to cut through 200day SMA. Then the party will really begin. someones accumulating at 61.5 and 62 today. D/E of "0". Nett CASH 18 CENTS PER SHARE.
ROE OF 9.6. Current ratio 18.37( anything above 3.0 ) is considered good.
Can dance for CNY.

Posted by Andry Ong > 2017-01-19 15:03 | Report Abuse

let's wait for the QR, is a boom or doom

Posted by UncleSam > 2017-01-19 16:31 | Report Abuse

Can hear the CNY songs already. Let's hope that it will be a good 2017 for Fibon.

Posted by funitec > 2017-01-19 16:43 | Report Abuse

Qtr result after New Year,,,,, Today highest 0.65 lowest 0.62. range is nice.,

Posted by AishahNasimuddin > 2017-01-19 16:43 | Report Abuse

Bullish sign. Strong support. Rooster is going make a long call on Fibon! Hehe! Berkat!

Posted by BenjamGoh > 2017-01-19 16:55 | Report Abuse

I think profit from exchange rates should be good this quarter also and hopefully sales. High profit margin export counter. Fibon pls shine pls shine.

Posted by XXXvalue > 2017-01-19 18:10 | Report Abuse

while the music is on...someone quietly disposing emmm.

Posted by Song Lee > 2017-01-19 22:21 | Report Abuse

Come on come on let it fly Fibon

Posted by oolongteh > 2017-01-23 23:10 | Report Abuse

One thing we don't have to worry, in the very least, is Trump's TPP exit, because even though Fibon may be an export counter, but luckily they have minimal to zero exposure to the US market as majority of their customers and orders are from Singapore and Australia and some other countries in minority. We can take a breather from that, and hope for a good quarterly result! The exchange rates should be in our favor for the coming quarter!

Posted by BenjamGoh > 2017-01-23 23:14 | Report Abuse

Any idea when is the quarterly results coming out? Should be these coming few days right?

Posted by BenjamGoh > 2017-01-24 18:36 | Report Abuse

QoQ up 258%. Super outperform. Rm3mil in a single quarter.

Posted by AishahNasimuddin > 2017-01-24 18:37 | Report Abuse

Hit all time historical record high. Highest quarterly results ever. Well done Fibon.

Posted by oolongteh > 2017-01-24 21:08 | Report Abuse

Buy call [TP: RM1.40] Current quarter 3mil vs 2016 whole year's 5mil, 1 quarter earn more than 60% of total annual net profit. Fibon has finally stepped up it's game. This gem is just starting to uncover itself.

Posted by oolongteh > 2017-01-24 21:09 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5323417

Posted by 1009 > 2017-01-25 00:17 | Report Abuse

Jagan sapu tinggi, wait me buy first..

Posted by 1009 > 2017-01-25 00:25 | Report Abuse

Other income 190.2m? What earning o? And cash flow Q2 is 2661.4m,but Q1 got 3349m.. where money got out?

Posted by oolongteh > 2017-01-25 08:32 | Report Abuse

Other income could be contributed by exchange rate gains, and some cash was used to purchase property, plant and equipment, which could mean a business expansion, and non-current assets grew by double as well. Despite that, cash and bank balances still increased, so don't worry, its a good thing! This company is growing super well. EPS 3 (now) vs EPS 1 (previous) - triple!

Posted by BenjamGoh > 2017-01-25 08:43 | Report Abuse

Buy call, this year end profits will hit new high again. Keep for a few quarters long term. Will be worth Rm1.60 in a very short while. Crazy growth and value gem. Expanding company with growing cash balances, and net profit margin 60% plus it is an export counter, if ringgit drop Rm5 this counter will be king.

Posted by newbird33 > 2017-01-25 15:20 | Report Abuse

Without forex gain of RM1.36m, EPS for the Q only 1.62 sen, annualised is 6.5 sen.

Posted by Skliew > 2017-01-25 15:59 | Report Abuse

newbird33, where did you get the forex gain of rm1.36m? From the cash flow statement, unrealized forecast gain is only rm361, 000
25/01/2017 15:59

Posted by hissyu2 > 2017-01-25 16:01 | Report Abuse

lol~~ super forex gain... gogogo~~ don't care just buy

Posted by hissyu2 > 2017-01-25 16:01 | Report Abuse

skliew, see the last page careful then u will find it :D

Posted by Skliew > 2017-01-25 21:04 | Report Abuse

Thanks hissyu2

Posted by Skliew > 2017-01-26 18:43 | Report Abuse

This is kcchongnz counter. But if follow KYY golden rule, it is a buy all the way.... isn't it? Why only 1 day show?

Posted by gohcheehoh > 2017-01-26 19:10 | Report Abuse

Beautiful GEM. Watch out for next 3 months - high potential of > 30% capital gain.

Posted by Tiger_shark > 2017-01-26 20:40 | Report Abuse

potong stim

Posted by Skliew > 2017-01-27 16:55 | Report Abuse

The co bought the 33 acres agriculture land for 7.89mil ringgit. Does it have a clear picture of what it want to do with the said land? For investment? For future HQ and manufacturing facilities? For property development? Or a combination of the above? Any sifu here can drop a few lines? Thank you.

Posted by BenjamGoh > 2017-01-27 17:41 | Report Abuse

The last time I attended the AGM, they mentioned a portion of it was for the expansion of building a new and bigger factory to facilitate a bigger production level. Their current factory is running at full force maximum productivity and workers working overtime and multiple shifts round the clock to meet customer demands. The rest of it would be for investments and developments. They bought the land at a pretty good price and it hasn't been revalued since.

Posted by oolongteh > 2017-01-27 18:04 | Report Abuse

They haven't had a correction since price at 0.505, a little retracement these 2 days would be healthy to get rid of the selling pressure, selling pressure has subsided today, hopefully it should continue flying after cny. However the price is still very undervalued now, at buy while it's correcting. Don't chase when it flies up. They have 44mil assets (which 30mil is free cash) vs only 2mil liabilities (mostly trade payables) makes it asset is 22 times of its liabilites, and they have no debts and no gearing, super clean pure asset company. They can easily expand with such a pretty balance sheet. Their growth without even using debt is already quite good, imagine if they leverage out, the size and scale can multiply like crazy.

Posted by Skliew > 2017-01-28 10:29 | Report Abuse

BenjamGoh and oolongteh sifu, thank you for your explanations.
The business looks very profitable indeed with very high margins. The revenue is small if compared to any other listed companies. Since listed, revenues and profits had been flat until recently with the plunge of the ringgit, it seems revenues and profits are growing in ringgit term. No much info is available on the business nature in the annual reports also... company has been very low profile indeed.....

Should the revenue increase the profits would grow substantially. How soon the new HQ and new production lines would be put up is material. There are so little info available for the public, even what they actually do are also not described in details in the annual reports...

With the acquisition of the land completed and substantial cash in the co, hopefully a bigger factory would be put up soonest.

The land acquisition seems a strategic move.

:)

Posted by Skliew > 2017-01-28 14:45 | Report Abuse

Fibon Group Corporate Profile

http://www.fibon.com.my/

Posted by oolongteh > 2017-01-28 16:31 | Report Abuse

http://www.theedgemarkets.com/my/article/stock-momentum-fibon-2

Posted by gohcheehoh > 2017-01-31 16:00 | Report Abuse

Gd time to accumulate... Mkt cap < 70m, healthy PE, Gd top n bottom line yoy grow. Prove 1 more qtr with such result Fibon will fly over rm 1

Posted by UncleSam > 2017-02-02 10:11 | Report Abuse

Good good! Gong xi fa cai! We're back in business!

Posted by UncleSam > 2017-02-02 17:39 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5329493

Posted by UncleSam > 2017-02-02 17:48 | Report Abuse

Good news, company performing sharebuybacks at 0.675. Just in case you're wondering why, when management decides to opt for a buyback, it is usually for one of the following reasons: take advantage of an undervalued share price, reduce share dilution and increase ownership, improve and increase value per share from key ratios such as returns on assets, return on equity and earnings per share and they are signalling that there are no better option to invest surplus cash aside from themselves. They are trying to tell that the shares are undervalued.

Posted by oolongteh > 2017-02-02 17:57 | Report Abuse

Shares are indeed undervalued, and investing in themselves are a no brainer should do. Look at previous year's q3, and just imagine how much you're expecting the coming q3 to perform. I'm just wondering how many folds they're gonna announce next quarter again, and by then people would go crazy with the consecutive multiple fold outperformance.

Posted by BenjamGoh > 2017-02-02 18:03 | Report Abuse

Interesting point of view oolongteh. Hmm. Interesting way to look at it. I wonder what's brewing. Lol Uncle Sam is like a veteran here hahah, and live finance text book. Hehe.