Posted by talim1027 > 2019-03-23 17:04 | Report Abuse

Accumulate the share, support is 0.46

Posted by chkhooju > 2019-03-23 18:50 | Report Abuse

0.44 should be a good buy.

Posted by yip_8988 > 2019-03-24 02:21 | Report Abuse

May be not . 0.40 is a very good buy for long term investment.

Posted by samyew1234 > 2019-03-24 11:03 | Report Abuse

sell for me

Posted by yip_8988 > 2019-03-25 09:31 | Report Abuse

0.46 done

Posted by crash8593970308 > 2019-03-25 16:20 | Report Abuse

contra players all die already , I think can start to collect good investment

Posted by suare_pro > 2019-03-26 18:38 | Report Abuse

time to rebound

Posted by Kc Teh > 2019-03-29 00:34 | Report Abuse

in boat

Posted by hornbill > 2019-04-01 11:15 | Report Abuse

Wait for second wave

Posted by yip_8988 > 2019-04-01 12:03 | Report Abuse

This stock now stay here for long long time until he get the new project then the share price can start to move up.
wait wait wait and waste time.

Posted by mkmk > 2019-04-01 18:08 | Report Abuse

Flying soon...

Posted by moneylai > 2019-04-01 19:17 | Report Abuse

55 sen coming...

Posted by talim1027 > 2019-04-01 21:15 | Report Abuse

current is wave 3 stage but this stock shame to moved as lack of momentum. anyway believe one day Willcome.

Posted by talim1027 > 2019-04-01 21:20 | Report Abuse

since this stock just up 9 sen from previous low 0.40 is it good to give us time to accumulate now.

Posted by yip_8988 > 2019-04-01 22:10 | Report Abuse

Can't cross over 0.535 no need to hope.

Posted by crash8593970308 > 2019-04-02 23:15 | Report Abuse

i just finish watching josh Daniel sing labrinths jealous for the umpteen times in x factor 2014 never look down on something that others say is worthless when you know its priceless

Posted by crash8593970308 > 2019-04-02 23:25 | Report Abuse

believe when I say this is going to be dua ringgit

Posted by moneylai > 2019-04-03 06:17 | Report Abuse

Normally got ppl talk bad, u have to start accumulate... coz that person hope to buy at low...

Posted by moneylai > 2019-04-03 07:22 | Report Abuse

Cimb buy call ytd...

Posted by freddiehero > 2019-04-03 08:37 | Report Abuse

fly liao fly liao..

Posted by yip_8988 > 2019-04-03 12:34 | Report Abuse

Believe What I said can't over 0.50 Sen don't waste yours time here, the share price will stay here for long long time.

Posted by moneylai > 2019-04-03 18:01 | Report Abuse

Then y r u here? Y waste time here? Dont waste time here la u... wanna buy low is it? 46.5 u didnt buy?

Posted by beso > 2019-04-03 18:07 | Report Abuse

better drop more as i want to buy lower as well

Posted by moneylai > 2019-04-03 22:21 | Report Abuse

How low?

Posted by moneykj > 2019-04-03 23:30 | Report Abuse

Everyday got big players selling. Results good also no use. Buy low at 0.42 also can't earn much. Think of selling this convert into Parkson. Parkson next week will start. Tomorrow will decide.

Posted by Newbiesky > 2019-04-03 23:37 | Report Abuse

@moneykj u quit orion Jor?

Posted by moneykj > 2019-04-03 23:37 | Report Abuse

freddiehero fly liao fly liao..
03/04/2019 8:37 AM
_____________________________________________

Everyday this counter tipu.

Posted by moneykj > 2019-04-03 23:44 | Report Abuse

Orion w 250%. Too fat to be resisted.

Posted by freddiehero > 2019-04-03 23:45 | Report Abuse

hehe.. nice stock

Posted by hornbill > 2019-04-05 11:56 | Report Abuse

will test 56sen resistance again.

Posted by moniekj > 2019-04-05 15:32 | Report Abuse

Sold all to convert into Parkson

Posted by moneylai > 2019-04-05 16:00 | Report Abuse

yip_8988 Believe What I said can't over 0.50 Sen don't waste yours time here, the share price will stay here for long long time.

2 days ago still say cant cross, terus today kena slap... hahahaha

Posted by moneylai > 2019-04-05 17:18 | Report Abuse

40 sen only u come to buy and comment la.... u said cant cross... today already cross... dont spin la... bikin malu saja...

Posted by Newbieinshare > 2019-04-05 20:20 | Report Abuse

FITTERS is expected to perform better in 2019, as its pipes division is on track to receive larger orders, giving rise to economies of scale as Malaysia’s water and waste water infrastructure undergo upgrades, coupled with the central purchase contract from PAAB and commitment of RM50m sales from Unitrade to drive pipes segment’s performance. Meanwhile, the property development & construction division will remain a major contributor due to the construction progress of Azalea@TamanPutra II (RM82m). At RM0.475, valuation at 0.59x P/B is cheap against 10Y 0.7x. With the double bottom formation, we expect FITTERS to advance further towards RM0.50-0.575 after a brief pullback.





Company profile: FITTERS FY18 main revenue contributors include:-

1) Renewables & waste-to-energy segment (RM134m or 38%). Operation of green palm oil mill (Green palm oil mill in Baling, Kedah capacity: 60 MT/hr of FFB) with generation of renewable energy and waste treatment. It has commenced sale of electricity to Tenaga Nasional Berhad (TNB) under Renewable Energy Power Purchase Agreement in March 2018 with feed-in tariff rate set at RM0.47 per kilowatt hour. Targeting to breakeven in FY19/20 as pre-tax losses reduced to RM1.8m in FY18 from RM9.6m in FY15;


2) Fire service (RM116m or 32%) – A reputable “one-stop” fire protection and prevention specialist with over 30 years of experience will continue to be the bread and butter business but experienced declining PBT from RM15.3m in FY15 to RM3.9m in FY18.

3) Property development & construction segment (RM87m or 25%). Established track record for developing high-rise properties in KL, with the completion of Zetapark in Setapak, KL (GDV: RM423.2 mil) in 2014 and Zeta Deskye off Jalan Ipoh, KL (GDV: RM169.3 mil) in 2016. It has also delivered the 365,904 sq ft Festival City Mall to Lion Group and commenced RM97.8m contract to build first phase of Azalea@TamanPutra in 4Q17. Meanwhile, it will commence RM81.5m contract for the second phase of Azalea@TamanPutra in 2H19. Future projects included the redevelopment of Plaza Pekeliling located along Jalan Tun Razak (GDV: RM191m) and 50 acre residential development in Rawang (GDV: RM391.4 m). This division is expected to contribute substantially to in FY19 after recorded RM22m PBT in FY18.

4) PVC-O pipes (RM18m or 5%). Manufacturing and distribution of HYPRO® oriented unplasticised polyvinyl chloride (PVC-O) pipes through 72.3%-owned subsidiary, Molecor (SEA) Sdn Bhd. Its products have proven technology from Spain with superior and more cost-effective alternative to steel- and concrete-based pipes, and other plastic pipes for municipal and commercial use. Since 2015. HYPRO®pipes have gained a strong track record across 10 states in Malaysia, with over 450km of pipes installed and approved by SPAN, Ranhill SAJ, Syarikat Air Negeri Sembilan (SAINS), Air Selangor and Air Kelantan. In Nov 2018, FITTERS secured a central purchase contract from Pengurusan Aset Air Bhd (PAAB) to supply HYPRO PVC-O water pipes from Oct 2018- Sep 2020. PAAB is the owner of water assets in seven states, namely Johor, Melaka, Negeri Sembilan, Kelantan, Penang, Perak and Perlis. To kick off the contract, the PVC-O pipes will be utilised to replace ageing asbestos cement pipes in Kelantan and Johor, and will be expanded to other states in Malaysia in the near future as PAAB plans to upgrade water infrastructure in states under its jurisdiction to ensure uninterrupted supply of water to customers. In Dec 2018, Molecor (SEA) appointed UNITRADE (a major distributor, stockist, importer and exporter of pipes, fittings, valves, accessories, fire-fighting and building materials) as the master stockist and distributer for HYPRO PVC-O water pipes for supply to water and sewerage projects in Malaysia with a commitment to RM50m. Overall, this division is expected to turnaround for FY 2019 after registering accumulated pre-tax losses of RM23.2m from FY15-18.

LT positive following the double bottom formation. Based on weekly chart, Fitters has staged a strong breakout above the 200W SMA at RM0.43 and the 3Y overhead resistance at RM0.45 recently to reach a 52W high of RM0.56 (6 Mar) before ending at RM0.475 yesterday on profit taking pullback. Overall, we remain optimistic that after a brief consolidation to neutralise overbought positions, Fitters is likely to launch another upleg to retest RM0.50 (30D SMA), RM0.52 (upper Bollinger band) and the double bottom long term objective at RM0.575 levels. Key supports are RM0.46 (50% FR) and RM0.44 (61.8% FR). Cut loss at RM0.43.

Source: Hong Leong Investment Bank Research - 5 Apr 2019

Posted by crash8593970308 > 2019-04-07 18:54 | Report Abuse

if next week can close above 0.50 come to chong kok kopitiam Friday 7am I buy kopi o and roti goyang, if fall below 0.50 wait loh eat nasi lemak loh no need slap here slap there . you need to accept the rules of this game to stay in this games. there Is no right or wrong in this game

Posted by ding dong > 2019-04-07 20:34 | Report Abuse

...but how come one of the taukey sold his 100% holding...???

Posted by Newbieinshare > 2019-04-08 10:58 | Report Abuse

Cause foo ah keow old liao. Wana retired

Posted by moniekj > 2019-04-08 12:27 | Report Abuse

No hope la this counter. Go buy slow and steady Parkson or fast and furious Ikhmas.

Posted by holefook67 > 2019-04-10 14:52 | Report Abuse

More states are raising water tariffs which indicates that investment should be flowing to the companies in this sector, including Fitters. Hope they receive some substantial orders having received a letter of award from the water authorities. All the best.

Posted by holefook67 > 2019-04-12 11:26 | Report Abuse

TnF. Thank you for contributing with a very reasoned and educated reply.
Just wondering what is the breakthrough catalyst for this company.
At least, some brick and mortar business is in place.
I am a long term shareholder which does not say much these days as with some shares, whats the use being long term when share price does not move and dividends are rare.
Holding Frontken for donkey years and then decided to sell out last year and rest is history but life goes on.
All the best to shareholders.

Posted by AlexanderLim > 2019-04-12 23:24 | Report Abuse

Good stock to buy on next week! Buy buy buy!

Posted by yip_8988 > 2019-04-14 12:21 | Report Abuse

Yes, for who want to be long term investors current share price is a wonderful price to lock in.

Posted by moneylai > 2019-04-15 08:14 | Report Abuse

yip_8988 May be not . 0.40 is a very good buy for long term investment

I tot u said 40 sen ia god buy? Upgrade to 48.5 sen d?

Posted by yip_8988 > 2019-04-15 14:46 | Report Abuse

Yes, but at the movement the share price can't drop back to 0.40 Sen.

Posted by AlexanderLim > 2019-04-16 22:35 | Report Abuse

Hopeless...Sell Sell Sell

Posted by Learner One > 2019-04-18 10:23 | Report Abuse

Director sold 3.3M shares. Today he might throw more.

Posted by yip_8988 > 2019-04-18 13:10 | Report Abuse

Is warrant-B shares. No Worries No impact.

Posted by klchai123 > 2019-04-20 15:52 | Report Abuse

in short, buy warrants in a uptrend mkt, when price of warrant plus conversion premium lower than mother share price. the longer the remainig term to expiry of warrant, the better.

Posted by crash8593970308 > 2019-04-20 16:11 | Report Abuse

if selling warrant is a smart move then the fella buying is stupid or he know something we don't hmmmm make you think......

Posted by klchai123 > 2019-04-21 06:37 | Report Abuse

left hand sells, right hand buys, create buying interest with hope some guys will buy the warrants so that he could sell. if u could buy at 47sen, why do u want to pay for warrant plus another 1 rm to get it?