
Cash all out from 8.3 to 8.9 cts.
88 to all followers!
 
http://image.bayimg.com/745c63d962c8f0e86930291ac6ac106456360fd3.jpg
Definitely worth more than the net cash per share of 8.8 cts with a share of the buildings, machinery on the land!
Buy the dip or BREAKOUT!
 
 
Goldisking ( Date: 14-Aug-2013 20:06) Posted:
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  The technical picture is uptrend!
Net profits $5.501 millions compare last year loss of S$4.302 millions for the 2nd quarter ending 30 June.
Net profits $7.219 millions compare last year loss of S$10.082 millions for half year quarter ending 30 June.
http://infopub.sgx.com/FileOpen/Fu_Yu_financialresults_Q2FY2013.ashx?App=Announcement& FileID=252416
Looking forward to some dividend payout next year!
Goldisking ( Date: 14-Aug-2013 19:13) Posted:
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seems like there might be some desperate guys waiting to sell out. might be good to wait for it to get cheaper then see how
Goldisking ( Date: 14-Aug-2013 19:13) Posted:
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large part of the profit is proceed from disposal of asset cmiiw
Finally turnaround at 1st half ending 30 June 2013
Net profits $5.501 millions compare last year loss of S$4.302 millions for the period ending June.
Cash and cash equivalents increased to S$64.216 millions equivalent to 8.78 cents.
Net asset value per Ordinary Share (cents) was 22.11
[img]http://infopub.sgx.com/FileOpen/Fu_Yu_financialresults_Q2FY2013.ashx?App=Announcement& FileID=252416[/img]
NAV 21.56 cents
731,835, 000 shares
Cash in banks $51.787 millions or 7.07 cents per share with very little borrowings.
At 7.5 cts, it is dirt cheap at one third of NAV.  Waiting for turn-around.
http://infopub.sgx.com/FileOpen/Fu_Yu_Q1_2013.ashx?App=Announcement& FileID=229112