cant seems to bring up the old post...
but this one looks really good
slowly moving up.. just sitting and wait to harvest...

This counter appeared in my scan many times lately
Like Maxis this is a 10 sen par share.
Will it be as good as maxis? most likely not
For a 10sen par share at 0.28 is already very good
Due to the big volume of share available I think the price growth can be very limited.
Any way u may have analyzed it differently and you can be very right.
What is the target price that you are recommending?

well...frankly i am very comfortable with its current slow climb.. it doesn't still have the energy to spike like the few recent goreng stocks but surely if it goes up one or half cent day by day with the current volume retained, immediate 0.30 resistance should be broken very soon.

This share will roar into the new year

May I know which tool you are using?
How do you set your filters for you scan?

Thanks

Company in raising fund exercise !

Right issue of 2:5 @ 11 sen per share with 2 : 5 free warrants !

Is this GOOD or BAD ? At RM0.28 sen now, is it a good buy still ? or Sell ?

More shares issued for what purpose leh ?


http://announcements.bursamalaysia.com/EDM...otice%20EGM.pdf

Sorry I write my own Metastock scan program from EOD data

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Added on January 21, 2010, 1:16 amUsually the share will drop further than the fair value after the exercise:

Fair value (28 + 4.4 ) / 1.8 = 18 sen


This post has been edited by rosdi1: Jan 21 2010, 01:16 AM

I was just wondering, mother shares ususally drop when the rights begin trading. But will the mother share keep dropping on the second day of the trading too? Because I wanted to buy FRONTKN, the price now is 0.145, very cheap. Just wondering whether it will drop futher

0.14 IS THE LOWEST PRICE FOR THE STOCK AND FRONTKEN IS A QUITE GOOD COMPANY ( U CAN MAKE UR OWN ANALYSIS.. THAT MY VIEW ). WHY NOT WE START TO COLLECT AT 0.140/0.145 NOW ??? THIS COMPANY IS FAR BETTER THAN BORNOIL, MITHRIL AND VINTAGE BUT THE SHARE PRICE IS NOT !!!

This post has been edited by persie: Feb 17 2010, 12:29 PM

hmm...agreed with persie.. their business is very unique.. i doubt if they got any competitor at the same business as them..

however , due to the rights issue at rm0.11+ free warrants , i think they are making some price adjustment

for me , >RM0.12 and <RM0.14 is a good buy.... <RM0.12 stop loss

I don't think the share price will drop below .135 and all companies face the competotirs even GLC companies. I guess you have bought this stock. Am I right ?

I think today want buy , price RM0.14.

can anyone tell me what is FRONTKN-OR?
can it be converted into mother share?

well...RM0.140 seems to be attractive...
and i still wondering which stocks to enter..hehe...

I haven't bought the share. The price dropped to 0.135, I wonder why? I am planning too buy at 0.135, but quite worried the price will drop further. What do you'll think?

Buy on fundamental..not on rumour..not on goreng..

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Added on February 22, 2010, 9:15 amDoes anyone know why frontken's directors still collecting shares on recent weeks/months ??? Are these a good sign of company ???

This post has been edited by persie: Feb 22 2010, 09:15 AM

Not much happening to frontken, the volumes are not there, price is still 0.120, will it go up soon?

down trend..wait for 0.100..

will it dip to 10sen? recently bought it @ 13 sen. thought it was the best price to go in.

below 10 cent is impossible IMHO.. 12 -12.5cent better.. 13cent slightly overpriced

Come on frontken, we want to see more volumes.

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Added on June 17, 2010, 8:45 amI am refering to frontken announcement regarding renounceable rights. what does it mean? What they wants us to do? Does this mean we are receiving free frontken rights?

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Added on June 19, 2010, 12:24 pmFrontken are having rights issue again. Does this mean that the share price will drop further? They are giving free 2 warrants and 2 rights for every 5 frontken shares

This post has been edited by myfriend2009: Jun 19 2010, 12:24 PM

Frontken are having rights issue again. Does this mean that the share price will drop further? They are giving free 2 warrants and 2 rights for every 5 frontken shares

how do u know that?i researchin this stock..seems like the volume of share on the market is too much and does it block the price to go up?

Their price dropped a lot before when they issue rights and warrants. Thats why I asked. Hopefully the price won't drop further ans we will get our bonus rights and warrants. That will be wonderful

are u sure they will issue right n warrant again?what is the exdate?

What is wrong with frontken? Why the price don't go up?

sifu-sifu think this counter got chance to go up in short term? coz me thinking of selling of as i need some cash..pls advice

recent anouncement of 8.8 million pre-tax profit, philipines, mid east and china operations going on soon, its gonna be nice in the future for this company.

although i cant say how long it will take

really scratching my head now!! sale or hold????

Anyone invest in this stock?
Please advice.... I'm about to enter...

Hi
I don't invest in this share but I did have a look.
The medium term basis the counter look ok.
Short tern look like going down... May be I would like to wait for it to hit 0.175 first.
The risk for this 0.17 counter is very high .. unless I am a full time trader I will not touch this .
But if you had receive a very reliable news on this counter than go for it.
BRgds.

Hi Rosdi,
Thanks for your advice.
The stock keep in my sight simply just because of high volumes recently.
I'm just wondering, should I waste my time do deep analysis on this stock? worth?

General Announcement
Reference No FC-110627-41223

Company Name
:
FRONTKEN CORPORATION BERHAD
Stock Name
:
FRONTKN
Date Announced
:
27/06/2011


Type
:
Announcement
Subject
:

MATERIAL LITIGATION

Description
:

Update on Litigation Against a Subsidiary


Announcement Details/Table Section :


We refer to our earlier announcements in relation to the litigation by IFC Engineering Sdn Bhd against Frontken Malaysia Sdn Bhd, a wholly-owned subsidiary of Frontken Corporation Berhad (“Company”).

The Company wishes to announce that its Board of Directors had, upon receiving the written grounds of judgment and advice from its solicitors on the merits of an appeal, resolved on 24 June 2011 not to make an appeal, at this juncture, against the decision of the High Court which granted the summary judgment on 24 November 2009.
This announcement is dated 27 June 2011.

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Added on June 28, 2011, 9:22 amgot vol last 2 days

This post has been edited by pustapazik: Jun 28 2011, 09:22 AM

meaning???

Frontken bags RM110.6m job for Tanjung Bin plant

Frontken Corporation Bhd has bagged a US$34.5mil (RM110.6mil) contract from ATT Tanjung Bin Sdn Bhd to be the main contractor for a facility in Tanjung Bin, Johor.

It said on Tuesday its unit had accepted the letter of award for the engineering, procurement, construction and commissioning of ATB2 Ph-2 terminal and jetty top-site for the proposed hydrocarbon storage and distribution facility.

The project is to be completed within 20 months from the date of the letter of award.

Frontken Malaysia Sdn Bhd’s core activity is providing surface metamorphosis technology using thermal spray coating processes and a series of complementary processes, including mechanical and chemical engineering services.

ATT is principally engaged in the development, management and operation of multi-products petroleum facilities.

New major trend has emerge. Take position with Frontken. Major revenue > 70% derives from Taiwan operation, proxy to AI chip growth.

Should be the mega trend for 24/25.

The market already started to acknowledge the Frontken upcoming explosive Qr, stay put & do nothing into year 2025.



Previous high way back at year 2022, once this is breached with the exit of the previous novice investor, it will scale the new height.



Improving Qr Revenue with the improving PBT is the finest quality growth investors looking for. The newbie or retailers will not touch because of the perceive rich valuation but the growth investors are taking position now & expect the valuation on current entry to come down in the near future.

This is how you hog a good candidate of husband or wife, you don't wait till they become rich & successful or model look, you know they are workings hard to reach that, you already start making move to tackle them. Those who remained single or got screened out in the race, some example of life for you to ponder.

The expansion way back at year 2021 started to kick in.

https://theedgemalaysia.com/article/frontke...e-robust-demand

KUALA LUMPUR (April 6): Frontken Corp Bhd's Taiwanese unit is purchasing an industrial property in Taiwan for NT$367.5 million (about RM53.29 million), cash, to expand its production capacity there to support increasing demand from its semiconductor customers.

In a bourse filing, the group said its 91.25%-owned Ares Green Technology Corp (AGTC) has inked a sale and purchase agreement with MH GOPOWER Co Ltd for the purchase. The property — comprising an office building with a production area and basement car park with a total built-up area of 10,927 sq m — is located on a piece of leasehold land in the Southern Taiwan Science Park. The purchase will be financed with internal funds.

Frontken said AGTC's capacity from its existing facility can no longer support "the ever-increasing demand" from its customers.

"In anticipation of projected significant increase in workload from its customers, it needs to have additional capacity to cater for the anticipated multi-year of growth in the semiconductor space," Frontken said.

"The proposed acquisition will more than double the physical operating and production space, as well as capacity to support the growth and demand from its customers," Frontken added.

The acquisition is expected to be completed by July.

Shares in Frontken finished 3.08% or 16 sen lower at RM5.04 today, valuing it at RM5.31 billion, after 2.6 million shares were done. The stock has jumped over 130% in the past one year.

Frontken-WA : RM 0.515

Exercise Price : RM 4.00
Underlying Price : RM RM 4.71
Conversion Ratio: 1:1
Maturity: 3/5/2026

The WA is in deep discount at (RM 4.71 - RM 4.00) - RM 0.515 = RM 0.195.

Buy the WA & send to conversion to get your volume + entry price at RM 4.00 + RM 0.51. After that sell the converted share to the market to profit the discount RM 0.195 /per share.

Dead chicken deal, no one notice?

This post has been edited by nihility: Jul 10 2024, 04:36 PM

3 subsequent Quarters showing growth with revenue + growth net profit. This counter is already in the radar for the Growth Investors.

When all the paths are eliminated, only left 1 single path remain. The power of being patient & doing nothing, waiting for the "water flow" to reach as the time flow gracefully.

But it's still depend on Global wafer demand.