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Potential Multi-bagger ???
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winsontkl
Elite |
29-May-2007 21:48
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Thanks ten4one, do share the same sentiment with you and andy, but it will be good for foreign investor to give it a good push. Institution or BB participation is a must have ingredient for Frontline and any counters. It is similar to without FDI into any countries, how would they flourish..... Today is basically accumulation for investors whose patient is wearing thin. |
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andytanks
Veteran |
29-May-2007 20:49
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FL has been performing up to the standard... I do not think that it will need advertising... from the FA, you will understand its ground... |
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ten4one
Master |
29-May-2007 08:53
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winsontkl, I think he was referring to the MD Mr Steve Ting. To attract the instituition investors from the US you need to do a roadshow to show case what you have to offer in returns. That'll definitely be costly and there is no guarantee that Investors will take the bite It'll be better to let FL's performance speaks for itself. Spot a good company early and you'll enjoy a present and smoother ride longer. Cheers! |
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winsontkl
Elite |
29-May-2007 00:26
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Rather low volume today at Frontline with 2.7m traded at average price of 17.3 cents. Buyer is slightly stronger at 1.5m vs seller at 1.2m. Only consolation is that I noticed like-minded investors here who take long term view on this counter. Cheers!!!! PS: Alexmay, pardon me, but what does STTT stands for. |
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andytanks
Veteran |
29-May-2007 00:24
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Strong entry point and still goning higher |
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QQman78
Member |
28-May-2007 21:53
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Sigh.... so many buyers and sellers again... when will this counter start to move to the north? |
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QQman78
Member |
28-May-2007 12:59
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I'am totally agreed with hogenterprise. Why must wait for the bb? He should try to make the investors feel that FL has the potiental to generate good profit.... If the share keeps on overhang, investors would rather put their funds to other company. Not all ppl has the patience. |
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hogenterprise
Senior |
28-May-2007 11:52
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if sttt is only thinking of usa bb buying over and him cashing out, it is not gd thing as he not faith in his com. |
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alexmay
Veteran |
28-May-2007 11:17
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My sentiments is similar, deeply vested. Spoke to STTT, the managng chairman, he is aware of the share overhang, he was hoping that some US big boys get intersted and buy into the co. The US bigboys lack representation in the region, think its a good possibility? Only time will tell. |
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ten4one
Master |
28-May-2007 07:00
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Yes winsontkl, share prices don't always reflect the company's fundamental. The biggest the gap the more the value - only time could close the gap. Cheers! |
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winsontkl
Elite |
27-May-2007 12:37
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Share the same sentiment as ten4one, basically FL fundamental is there, however, for it to be in play, market expectation should be in line as well. For now, it seems this element is lacking as not many understand its fundamental and just by judging its price, there seems to be a big GAP. |
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ten4one
Master |
27-May-2007 08:15
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Have to agree with Bigman. If you intend to put your money on FL and expect quick return, then I suggest you look elsewhere. I like this counter 'cos of their business models and their ability to stay nimble and focus on their strength in quality earnings overseas. Stay with them longer and you'll be rewarded. Just my view only...............leave it or take it! Cheers! |
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Bigman
Member |
27-May-2007 03:23
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To bet on this counter...... you need to have extraordinary patient...... |
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winsontkl
Elite |
27-May-2007 02:38
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Taking a long term view towards this counter since the FA shows improve earning and volume for the past couple of week has come alive driving the price to 17 - 18 cents range. Sticking around for the long ride since this provide better returns than FD provide by the banks. Pending the upswing to make tits first bagger and subsequently a multi-bagger. |
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francisd
Veteran |
26-May-2007 10:28
Yells: "BUY LOW SELL HIGH" |
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Will have to wait, maybe when it is cum dividend , u will find some movement. But right now there are so many stock with more value and dividend yield that holding on to frontline makes no sense. Better throw away. I go rid of it at .18c. |
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ten4one
Master |
26-May-2007 09:46
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BB stands for Boys Brigade lol.... just joking! It stands for Big Boys..........those with strong financial muscles. FL has a very strong resistance at 16c. If that's broken....God knows what happen next. Cheers! |
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QQman78
Member |
26-May-2007 08:27
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Btw, what BB stands for? Will it goes down further? I bought the share @0.18. haha |
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winsontkl
Elite |
26-May-2007 00:50
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Decent volume traded today with 8m traded, sellers seems to control the day with 6m plus selling and 1m plus support at 17 cents. BB seems to want to shake out the short term investor and accumulate more shares at lower price since the overall sentiment is low. Let's se how low it can get, and then time to load up again. |
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andytanks
Veteran |
25-May-2007 20:57
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From what I view that there is some technical adjustment in between the days, before the Big day... We shall wait and c.... |
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Doctor
Member |
25-May-2007 15:51
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dun worry... will reach 0.2 soon |
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