Buy with plan, during low price and only use free cash upfront ..so when price din move or go down abit still no worry coz its 'investment'. My avg price low only.. :D
Made some good profit earlier from rise of Redtone, TGOff and Fitters. Only bought back Fitters when price drop back low recently. Some other stock in hand currently like PJDEV-WC & etcs also giving good profit currently. Diversify in several stocks and roll the profit gained earlier to minize/balance "investment" risk. If all money invested in one stock at high price n get stucked... sure worry and maybe cant sleep at night if price drop a lot.
Easily can go RM 90 cts .Management must hv changed . Refuse to give divident, n keeping the share price down. In first half 2013, they have made good profit !!!! They just keep the money and now ,our money !! Lets wait for this qtr P and L ...if good ,maybe will rise 15 pct to 78-81 cts
Fitters strong support around 0.70. Price normally hovering there during consolidation before moving up again later. Anything below 0.70 is good bye... I mean good buy. :D
I bought some at 0.71 & 0.72 earlier sold some at 0.78. Recently when price drop.. bought more at 0.685 & 0.695.. already sold some again for good money 2day at 0.71! Good $$$$ Thanks Fitters! :D More $$$$ coming soon coz I still have some at good low price. I collect good stocks at good value price for good profit money.
Those who lost pants or underwear, pls look for HC Lee coz he seems know more abt those missing stuff. Maybe his an old timer collector with a lot collections to choose from.. lol.
Buy or sell is own decision. Sad if u urself lose money make more sense coz its own money not others money. Invest smartly and maybe u'll get ur pants back also like others.
shares buy back,co.unable to get better return in it business,mkt prices too cheap or prevent further price receeding support. all forms negative.returing treasury shares as a form of div. reward another way of payback at lease. co need to focus on its profitable business so that profit will improve instead.hence mkt prices will as well.
Fitter's earning has improved steadily from 9m+ in 2009 to 26m+ in year 2012 , and 2Q of 2013 is already 20M+ . The EPS does not increase much is due to share dilution from warrant conversion , anyway 2013 EPS should be in the region of 12-14 sen , dividend can be 2.5 sen so just estimate what should be its FV.
After warrant conversion, company shares buy back still continues. Possible of accumulation at cheap price for later to swap shares as part of the new IPO shares merger with Deluge later on.
Shares buy back support, financial qtr profit, eps and NTA keeps increasing, new revenue from green energy biz, property construction projects expected contribute higher ebita profits FV13-14 & FV15. Fire fighting unit merger with deluge agreement at final stage of approvals to unlock values in Fitter shares. November month should have more exciting actions coming.
Theres big volume support queue at 0.695 today. Price stable at around 0.70+/-. If bad, big shareholders already selling and wont have much company shares buy back support earlier. MOU expired but still have other diversify biz that already generating +ve profit & growth to company.
Retailers and contrarian buy and sell on short term basis. Currently price not much strength of moving coz big players haven't surface yet to push up. End of Nov will be the next financial qtr results. TP 0.75-0.80. If big players support push possible to go higher :D
Bought some at 0.695 yesterday. Lucky queued earlier in the morning and get it bfr the big queue support came yesterday afternoon in the 2nd session. Today support > 0.70 sen still strong.
Buyer very strong and convincing today at 0.725 - 0.735. Obvious breakout, vol and transaction value increase, macd, price roc, rsi all very +ve uptrend sign. Heading towards immediate TP 0.75 soon. Seems like the start of small price rally snow balling towards bigger rally for the coming Nov financial qtr.
Getting fitter n fitter........ and give u proFIT.........
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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....
HC Lee
1,518 posts
Posted by HC Lee > 2013-10-14 18:16 | Report Abuse
I dun know how viper can still tahan it.....must have bought it very cheap many years ago. Anyway there is also opportunity costs to consider.