FITTERS DIVERSIFIED BHD

KLSE (MYR): FITTERS (9318)

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Last Price

0.035

Today's Change

-0.005 (12.50%)

Day's Change

0.035 - 0.035

Trading Volume

42,000


16 people like this.

4,753 comment(s). Last comment by whistlebower99 1 week ago

slts

2,198 posts

Posted by slts > 2013-08-14 17:25 | Report Abuse

1 or 2 days show stock
boring...going no where
not an investible stock

9696

203 posts

Posted by 9696 > 2013-08-14 17:28 | Report Abuse

tomorrow possible break 80c?

charlie chia

2,150 posts

Posted by charlie chia > 2013-08-14 19:47 | Report Abuse

Good watch for tomorrow

Abudance

2,211 posts

Posted by Abudance > 2013-08-14 22:42 | Report Abuse

Peter, so little to make... TP to 90 sen only? What's dividend? Usually small also. It's never r re hit RM1. Usually hovers 80 plus sen. Anyone knows what is highest price and when? Thanks

viper88

1,798 posts

Posted by viper88 > 2013-08-14 22:52 | Report Abuse

This stock have followers/fan si.. They know when to enter and when to exit with good profits. http://www.imejjiwa.com/fitters-property-development-delivers-560-growth/
Fitters will get strong profit from ZetaPark boost its earning, coming property project at Rawang, JV at Jln Ipoh Condominium projects in Q3 2013, Rawang land development project launch in 5 stages in next 3 yrs all in Fitters $$$ pipeline. Oct stock listing in SGX.
Possible to retest the recent high and break new high if the big shareholders/player comes back strongly :D

Abudance

2,211 posts

Posted by Abudance > 2013-08-14 23:20 | Report Abuse

Thanks, viper for sharing do much information do generously.
You must have bought a lot of Fitters shares? :)
I bought on high side, 82 sen before Fitters gave bonus shares.
Noted to see that they have diversified to other viable waste and green mills... It's whether they will give out good dividends or not, as noted from past dividend postings, very small.
If share holders mostly keep buying... It will be like pwroot .. Cash rich, but kedekut to give dividends.
Hope it will change to benefit share holders now!

charlie chia

2,150 posts

Posted by charlie chia > 2013-08-14 23:25 | Report Abuse

Viper what oct stock listing in sgx

viper88

1,798 posts

Posted by viper88 > 2013-08-14 23:34 | Report Abuse

My bad.. not listing at SGX.. but listing in bursa Malaysia :D
Fitters, which entered into a memorandum of understanding with Deluge Fire Protection from Singapore to facilitate the merger of their fire protection businesses and the listing of the merged entity in Malaysia.
http://klse.i3investor.com/servlets/anpth/903501.jsp

kennynam

77 posts

Posted by kennynam > 2013-08-15 07:50 | Report Abuse

If break 0.805 will hoseh....

viper88

1,798 posts

Posted by viper88 > 2013-08-15 09:54 | Report Abuse

Need more buyer power to move up 0.80++. Buyer support queue looks +ve.
Seller resistance queue increase roadblock after notice buyers came yesterday.

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-15 10:17 | Report Abuse

Looks like need to wait a while....durian still not ripe yet.

viper88

1,798 posts

Posted by viper88 > 2013-08-15 11:13 | Report Abuse

Some profit taking / punters exiting. Big buyers still not rushing to push hard yet unlike yesterday 2nd half. I feel Fitters short term target is to break > 0.80 and retest 0.855.

Abudance

2,211 posts

Posted by Abudance > 2013-08-15 11:40 | Report Abuse

Viper, I wish big volume so I can also benefit. But so far, range bound 69-78 sen. Also usually give bonus shares .. So share price also drop. With the new. Io fuel biz of palm oil fruit waste to be made useful ... It's a good future long term!
It's not an exciting counter like oil and gas. :)

viper88

1,798 posts

Posted by viper88 > 2013-08-15 12:05 | Report Abuse

This counter was oversold recently after hit 0.80+ due to QE panicky and some profit taking ...After stablized around 0.71-0.72 i bought some coz of its coming fin qtr report, good unacct profit for Zetapark, potential play for its new energy biz & listing or merger fire fighting division with Deluge in Oct/Nov.

slts

2,198 posts

Posted by slts > 2013-08-15 12:14 | Report Abuse

like i said 1 day show
buyers disappear already

Abudance

2,211 posts

Posted by Abudance > 2013-08-15 13:30 | Report Abuse

Viper, usually range 5-6 sen. Slow counter. If patient, its ok. Not sure hoe many you bought. Tomorrow is Friday and usually another round of profit taking. I'm waiting for it to hit 70 sen. To average it and keep short term

viper88

1,798 posts

Posted by viper88 > 2013-08-15 13:53 | Report Abuse

This counter more for stable & steady play if bought at good entry price. Mid/long term outlook this stock looks +ve. Those punters looking for fast profit not suitable unless hit at the right time.
Price start moving up yesterday in tandem with coming fin qtr result annoucement.

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-15 14:00 | Report Abuse

Beware when playing this counter...always a one day show. The directors has accumulated a lot of shares below 60 cts. They are in the process of distributing the shares to unsuspecting players from 80+ cts till now. Mark up and then distribute...their usual strategy.

viper88

1,798 posts

Posted by viper88 > 2013-08-15 14:16 | Report Abuse

U try chk some of the mainshareholder Dato SY Wong, Datin HY Goh & etcs recent activities annoucement date in Jun & July...Buy or Sell?

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-15 14:38 | Report Abuse

These directors do not only accumulate in Jun..july but if you look at last 1-2 year records, you will have a clearer picture. recent purchases are just a small amount compare to those at 60 cts and below. Just be careful as most time the price mark up with high volume are not sustainable except the period after GE13.

viper88

1,798 posts

Posted by viper88 > 2013-08-15 15:00 | Report Abuse

Well..its up to own decision whether to buy or not 2 buy/invest.

viper88

1,798 posts

Posted by viper88 > 2013-08-15 16:51 | Report Abuse

Buying strength no so strong 2day but still able to absorb selling pressures. Theres some support by the big players out there... last minute move up back to 0.78 with buyer queing.
Vol & transaction value increase higher than yesterday Good +ve sign. :D
Those bought low earlier already have $$$$$$$ profit.

kennynam

77 posts

Posted by kennynam > 2013-08-16 10:44 | Report Abuse

Coming before Q report release???

kennynam

77 posts

Posted by kennynam > 2013-08-16 10:47 | Report Abuse

I bought during period of 0.73-0.755

kennynam

77 posts

Posted by kennynam > 2013-08-16 10:48 | Report Abuse

Break 0.805 today then will hoseh.....

viper88

1,798 posts

Posted by viper88 > 2013-08-16 10:50 | Report Abuse

Told u guys.. moving up.. :D MOree $$$$$ coming.. JI PAI ho seh liao. :D

pharker

1,089 posts

Posted by pharker > 2013-08-16 11:34 | Report Abuse

The whole day big boys been disposing...then last min push up..then next day can dispose at higher opening price...then down the whole day...then last min push up again...the cycle keeps repeating....tired oledi...better chow...good luck to those holding

viper88

1,798 posts

Posted by viper88 > 2013-08-16 12:00 | Report Abuse

Those previous buyer bought high got stuck now selling down 2 cut loss, maybe some contra traders oso... But can see theres some support by players absorbing at 0.78-0.76 lvl... these buyers push up 2-4 sen on and off trying to push past few days so the price up back. Seems like they targetting the stock move towards 0.80+ lvl. Try chk the chart movement pattern... earlier theres some accumulation and later moving up slowly with vols. Transaction vol and value also increases.

kennynam

77 posts

Posted by kennynam > 2013-08-16 12:35 | Report Abuse

Just hold till Q result released then see how the latest figure only make decision hold or sell

kai8994

401 posts

Posted by kai8994 > 2013-08-16 15:14 | Report Abuse

"Beware when playing this counter...always a one day show. The directors has accumulated a lot of shares below 60 cts. They are in the process of distributing the shares to unsuspecting players from 80+ cts till now. Mark up and then distribute...their usual strategy."

Sorry, I dont see any divestment from directors for past few months.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all&sub_category=all&alphabetical=All&company=9318

kai8994

401 posts

Posted by kai8994 > 2013-08-16 15:24 | Report Abuse

Besides the work in progress merger mentioned by viper88, I think investor has overlooked the recent land acquisition & JV at Rawang.

Rawang: The Next Puchong?
http://www.prolintas.com.my/2013/07/up-and-coming-town-accessible-via-gce/rawang-next-puchong/

viper88

1,798 posts

Posted by viper88 > 2013-08-16 16:40 | Report Abuse

Eventhough the seller queue is higher than buyer queues, all the selling pressure was absorb welll...Either the players want retailers sell to them 2 collect more before next push or trying to attract more buyers to buy/support the current price before next actions.

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-17 11:09 | Report Abuse

kai8994..selling may be from other a/c so we may not see it. If you observed the chart ( excluding the rally immediately after GE13 when all shares rally ), Each time the volume spike up with the price...the days following it are down days. & there have been 3 such cases since the GE13 rally..28/5,18/6 & 25/7. This counter is more for medium/long term player. Let's hope the current rally sustained with positive news of their financial & new listing. Seem like Fitters is going big in property development & they have a new CFO who was formerly the head in Sunway property & Mah Sing.

viper88

1,798 posts

Posted by viper88 > 2013-08-18 19:51 | Report Abuse

Alwys buy at oversold support lvl with sign of accumulation and divergence uptrend. Set safety margin and alwys prepare to take profit/exit . If feel the stock have potential rise higher.. hold.. if don't have the confidence, sell.

Superman88

500 posts

Posted by Superman88 > 2013-08-19 13:32 | Report Abuse

again drop fitter..

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-19 15:54 | Report Abuse

This counter always catch those playing contra.

viper88

1,798 posts

Posted by viper88 > 2013-08-19 16:31 | Report Abuse

Weak contra players kena flush out...some maybe switch to Mas. crazy high vol and hundred millions value transaction

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-20 09:55 | Report Abuse

I think average down would be the best strategy for such counter. The durian will drop once it is ripe.

viper88

1,798 posts

Posted by viper88 > 2013-08-20 09:58 | Report Abuse

Peter: ur fren unrealized lost is abt 20%... 100 lots not much. Can average down close to current price by buying at support low price. Fitters trend alwys try to break the 80 sen lvl and move towards to 0.85 -0.90+ several times, if cant break will b down support lvl at 0.75+/- before try again. Need good newsplay and strong players to support n push higher. Good luck.

kai8994

401 posts

Posted by kai8994 > 2013-08-20 12:35 | Report Abuse

Agree to the average down strategy. but do it only if one has enough buffer. This stock needs 2-3 more months to ripe.

viper88

1,798 posts

Posted by viper88 > 2013-08-20 15:14 | Report Abuse

Alot panic sellers due to KLSE plunge abt 36pts this morning. Some rumours say klse drop coz the big boss cant get 2 buy MAS and want show his wrath... :D.
Fitters have strong balance sheet, revenue and profits. Biz growing bigger with diversification more into properties sectors and new energy. Will buy some more 2 average down.

HC Lee

1,518 posts

Posted by HC Lee > 2013-08-23 16:10 | Report Abuse

Down as always

viper88

1,798 posts

Posted by viper88 > 2013-08-26 10:02 | Report Abuse

Already up from 70 sen till 79 sen recently but due to Asian recession fear starting from India, reducing QE next year, market get spooked, big fish, small fish also dont dare to bite /eat the shares much. Nevertheless Fitters still a good potential stock.

omgimnoob

514 posts

Posted by omgimnoob > 2013-08-26 10:05 | Report Abuse

Be positive! Results coming soon!

mery

51 posts

Posted by mery > 2013-08-26 21:59 | Report Abuse

我已经持了2年了,可是每次都在徘徊在0.7,0.8,不会在上了。

kennynam

77 posts

Posted by kennynam > 2013-08-27 09:55 | Report Abuse

Good report also drop...speechless

viper88

1,798 posts

Posted by viper88 > 2013-08-27 10:04 | Report Abuse

Retailers and big players all scared 2 buy/hold stock due to market weaknesses and latest Syria issues. Good financial result, increase 62.8% from last yr quarter and NTA at 0.854. Value stock 2 invest but need holding power.

user

579 posts

Posted by user > 2013-08-27 19:27 | Report Abuse

Buying opportunity, anything below 0.70 is a best buy.....

aunloke

974 posts

Posted by aunloke > 2013-08-27 21:18 | Report Abuse

I finally bought into Fitters after tracking it for more than a year and prepare to do the dollar cost averaging down as it drops further.

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