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persie
post Feb 12 2010, 10:51 PM

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QUOTE(myfriend2009 @ Feb 12 2010, 04:05 PM)
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
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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
persie
post Feb 18 2010, 04:50 AM

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QUOTE(sohkeong @ Feb 17 2010, 07:43 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
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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 ?
persie
post Feb 20 2010, 01:11 PM

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QUOTE(myfriend2009 @ Feb 18 2010, 11:47 PM)
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?
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Buy on fundamental..not on rumour..not on goreng..


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
persie
post Jun 6 2010, 10:40 AM

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down trend..wait for 0.100..

 

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