Posted by mcbaomc > 2013-05-31 09:06 | Report Abuse

Yes..good..favco will up to above 2.6 today ...

Posted by flower > 2013-05-31 11:10 | Report Abuse

now at 2.51 can buy or wait later for price to drop

Posted by looksee > 2013-05-31 12:03 | Report Abuse

mcbaomc, you are here...what is happening with favco? any good advise?

Posted by looksee > 2013-05-31 12:04 | Report Abuse

ok..after reading..mcbaomc you are good...will go in to favco...

Posted by mcbaomc > 2013-05-31 12:06 | Report Abuse

For what i know, some of the company going to order the crane from FAVCO.. that's the reason i buy some stock first.. for investment mar... TP 3.35 is base on the Earning reports, not the contract award.. so i believe it got potential to go up higher than RM3.35 .. :) once it goes up, it will shoot up crazily i guess.. xD

Posted by looksee > 2013-05-31 19:57 | Report Abuse

mcbao, how long do you think Favco can reach 3.35? within 1 month?

Posted by mcbaomc > 2013-05-31 20:03 | Report Abuse

I think favco can reach above 3 during June.. Recently move very slow due to market not really good, but when market turn better, it will move faster.. So I guess it's possible to reach above 3 in June ;-)

Posted by asoh > 2013-06-03 09:44 | Report Abuse

Today mah, probably this evening....its 3 June...

Posted by risk averse > 2013-06-04 10:34 | Report Abuse

base on previous trend, think dividend will announce these few days?

Posted by asoh > 2013-06-04 10:56 | Report Abuse

market still sluggish, ......wait till lunch when hang sang & strait time turn upward...

Posted by asoh > 2013-06-06 09:59 | Report Abuse

quite week for this counter....

Posted by asoh > 2013-06-06 10:15 | Report Abuse

ok steady up, yes start the the crane baby.....Nekkie turn green....

Posted by mcbaomc > 2013-06-06 17:07 | Report Abuse

Crane runtuh

Posted by tralala > 2013-06-07 00:17 | Report Abuse

shiok... 8 cent dividend, lol

Posted by mcbaomc > 2013-06-07 12:56 | Report Abuse

8 cent... August.... masih lama lagi.. still got possible to get cheaper stock.. haha.. wait for the right entrance xD

Posted by chanurlongc > 2013-06-11 22:58 | Report Abuse

just secured RM161.1 million orders.... delivery on 2013-2014

Posted by midastouch > 2013-06-11 23:22 | Report Abuse

That explains why the price was kept depressed for the last one week. Someone was accumulating!

Posted by ahtan > 2013-06-12 09:00 | Report Abuse

luckily still holding, was suspect as what Midas mentioned. blardy fella trying to shake out minor player for their accumulation . nia sheng!.

Posted by flower > 2013-06-12 09:56 | Report Abuse

dipose at wat rate. any idea

Posted by ykinvestor > 2013-06-12 09:59 | Report Abuse

Favco is a very good undervalued O n G counter with TP of 3.35 yet its PE is only 10. The RSI is still low, so it will shoot up today.
http://www.theedgemalaysia.com/business-news/241637-rhb-research-maintains-buy-on-favelle-favco-fair-value-rm335-.html

Posted by ykinvestor > 2013-06-12 10:18 | Report Abuse

More details http://klse.i3investor.com/blogs/rhb/31351.jsp. ESP = 0.38 sent for FY14. If using the average O n G sector PE 0f 15, Favco has a TP of 5.70 (0.38 X 15). Good upside for mid/long term players

Posted by flower > 2013-06-12 10:21 | Report Abuse

pls advise from you guys expert player. Is this meant for long term holding

Posted by ykinvestor > 2013-06-12 10:23 | Report Abuse

Should see more action this week and it is certainly good for mid/long investment too.

Posted by chongkonghui > 2013-06-12 11:27 | Report Abuse

FAVCO is not an O&G counter.

Posted by ahtan > 2013-06-12 15:51 | Report Abuse

TQ for great sharing . tqtq

Posted by Surin > 2013-06-12 18:15 | Report Abuse

What is the risk to contra players ?

Posted by lchml26 > 2013-06-12 19:00 | Report Abuse

so wat is the ideal price to go in?

Posted by ykinvestor > 2013-06-12 21:39 | Report Abuse

1st near team target is 2.70/2.75 followed by the next target 2.95

Posted by Surin > 2013-06-13 22:26 | Report Abuse

Hope tmrw will head north..

Posted by Vincent Wong > 2013-06-13 22:39 | Report Abuse

Sure, US index go north

Posted by ykinvestor > 2013-06-14 09:29 | Report Abuse

Favco will sail to 2.90/2.95 in near future if it can go pass 2.64 today

Posted by tonylim > 2013-06-14 11:40 | Report Abuse

.

Posted by Surin > 2013-06-15 08:59 | Report Abuse

Will it drop on Mon as Dow Jones dropped significantly on Friday?

Posted by ykinvestor > 2013-06-15 10:52 | Report Abuse

i think it will stay above the Psychological level 2.50. If it can stay above 2.50 next week and goes pass 2.64, it will sail to the 2.90/2.95 level

Posted by tonylim > 2013-06-18 16:07 | Report Abuse

.

Posted by metalmonk > 2013-06-18 16:10 | Report Abuse

2.68 now....

Posted by Surin > 2013-06-18 16:11 | Report Abuse

It is shooting up.. Amazing!

Posted by Surin > 2013-06-18 18:25 | Report Abuse

Will it drop tomorrow?

Posted by Frank Soweto > 2013-06-18 20:55 | Report Abuse

maybe yes maybe no :)

Posted by tonylim > 2013-06-18 20:57 | Report Abuse

Franko thanks for volunteering to answer the question.

Posted by Frank Soweto > 2013-06-18 20:59 | Report Abuse

.

Posted by passerby > 2013-06-18 21:01 | Report Abuse

.

Posted by Frank Soweto > 2013-06-18 21:03 | Report Abuse

LOL u fellas really cracked me up :)

Posted by passerby > 2013-06-18 21:06 | Report Abuse

give me 5 !, we are fast learner :)

Posted by passerby > 2013-06-18 21:06 | Report Abuse

.

Posted by Frank Soweto > 2013-06-18 21:10 | Report Abuse

o.k 5 passerby LOL hope all is well with u :)

Posted by tonylim > 2013-06-18 22:36 | Report Abuse

Hey I got high stakes in this thread

Posted by ykinvestor > 2013-06-18 22:50 | Report Abuse

if Dow in green tmw, Favco will likely move higher tmw too as it has gone over 2.64 and created new high today.

Posted by cheeseburger > 2013-06-18 23:04 | Report Abuse

hopefully will reach 2.85 and above.

Posted by messibarca > 2013-06-19 05:54 | Report Abuse

how about muhibah..his mum