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u bet. Other procurement and infra. stock are up federal was lagging till now.
This counter is rising quietly. Good to pick up now?
Federal -Bonus dividend of 7cts
with rights to subscribe shares 1 for 4 at 28cts
FY 2005 PROFIT 5.1M EPS 2.74CTS
HY 2006 PROFIT 6.1M EPS 2.30CTS
FY 2006 ??
31/1/07
SUBSIDIARY AWARDED S$3.9M CONTRACT TO SUPPLY AND PACKAGE GENERATOR SETS
2/5/06
absoutely!
waiting patiently!
SUBSIDIARY AWARDED US$17M CONTRACT TO SUPPLY LINE PIPES
13/2/06
SUBSIDIARIES AWARDED US$91 MILLION TIME CHARTER CONTRACT
20/1/06
FEDERAL'S ASSOCIATE COMPANY, PT. ALTON INTERNATIONAL INDONESIA, CLINCHES US$24 MILLION PROJECT CONTRACT FROM INDONESIAN OIL AND GAS COMPANY
Besides of this, they will have more good news waiting for announce.
Keamy Engineering Australia Pty Ltd ("KEAMY") will purchase the Company?s entire 50% shareholding in Federal International (Aust) Pte Ltd, comprising 100,000 shares of S$1.00 each
I believe that may be one of the consideration of ML setting target price at $1.05
is this counter a good buy? am thinking of vesting in it. Can someone be kind enuff to share with me his/ her thoughts. i would like to find out more about the dividend and rights issue.
If wanna to learn from Rotary, then should only vest after XA cos the price will deep to only 47cents. At the point in time go in marginally only at 50% of 47cents around 23.5cents. When price go up back to 68cents you will get 21cents profit which will be 45% upside.
Only my two cents worth of advice, you may not follow.
meryill lynch sets $1.05 target price on federal.
meryill lynch are powerhouses... whenever they set a target price of something, that thing sure move within 1 to 3 month.
meryill lynch are powerhouses... whenever they set a target price of something, that thing sure move within 1 to 3 month.
After announced new contract and dividend & right issue, the price still dropped. I think the only explanation is BBs are accumulating now.
Maybe it is time to vest again, at least we can have dividend & right issue on 15, Feb. It can be another Rotary.
After good news announced and CA
Just because the major shareholders are converting the warrent to mother shares.... They have too much on hand and wanna to get rid off at high prices and might be buy back after XA....
Be carefull to trade at this counter as some broker firms only offer 50% marginal. You must have the holding power....esp after XA...
Why federal drop some more after indicate CA. What is the meaning of CA?
FEDERAL INTERNATIONAL (2000) LTD
(Incorporated in the Republic of Singapore on 13 November 1999)
(Company Registration Number: 199907113K)
PROPOSED BONUS DIVIDEND AND RIGHTS ISSUE
NOTICE OF BOOKS CLOSURE DATE
Federal International (2000) Ltd (the ?Company?) refers to the announcements dated 18 December 2006 (the ?Announcement?) relating to, inter alia, the Bonus Dividend and the Rights Issue. Unless otherwise defined herein, all terms and references used in this announcement shall bear the meanings ascribed to them in the Announcement.
NOTICE IS HEREBY GIVEN that, the Register of Members and the Transfer Books of the Company will be closed at 5.00 p.m. on 15 February 2007 (the ?Books Closure Date?) to determine:-
(a) in relation to Shareholders (1), their entitlements to the Bonus Dividend; and
(b) in relation to Entitled Shareholders (2), their provisional allotments of Rights Shares under the Rights Issue.
Duly completed and stamped transfers (in respect of Shares not registered in the name of CDP) received by the Company?s Share Registrar, B.A.C.S. Private Limited (the ?Share Registrar?) at its address stated below up to the Books Closure Date will be registered to determine Shareholders? entitlements to the Bonus Dividend and Entitled Shareholders? entitlements under the Rights Issue. Shareholders and Entitled Shareholders whose Securities Accounts with CDP are credited with Shares as at the Books Closure Date will be entitled to the Bonus Dividend and provisional allotments of Rights Shares, respectively.
Holders of the Warrants are reminded that only Warrants exercised (in accordance with the terms and conditions of the Warrants) by 5.00 p.m. on the Books Closure Date will be considered for the purposes of determining Shareholders? entitlements to the Bonus Dividend and in relation to Entitled Shareholders? provisional allotments of Rights Shares under the Rights Issue.
Shareholders whose registered addresses are outside Singapore should provide CDP (in the case of a depositor) or the Share Registrar (in the case of a scripholder), at least five (5) market days prior to the Books Closure Date, with an address in Singapore for the service of the Offer Information Statement if they wish to participate in the Rights Issue.
The addresses of CDP and the Share Registrar are as follows:-
The Central Depository (Pte) Limited
4 Shenton Way
#02-01 SGX Centre 2
Singapore 068807
B.A.C.S. Private Limited
63 Cantonment Road
Singapore 089758
BY ORDER OF THE BOARD
Chng Geok
Executive Director
31 January 2007
(Incorporated in the Republic of Singapore on 13 November 1999)
(Company Registration Number: 199907113K)
PROPOSED BONUS DIVIDEND AND RIGHTS ISSUE
NOTICE OF BOOKS CLOSURE DATE
Federal International (2000) Ltd (the ?Company?) refers to the announcements dated 18 December 2006 (the ?Announcement?) relating to, inter alia, the Bonus Dividend and the Rights Issue. Unless otherwise defined herein, all terms and references used in this announcement shall bear the meanings ascribed to them in the Announcement.
NOTICE IS HEREBY GIVEN that, the Register of Members and the Transfer Books of the Company will be closed at 5.00 p.m. on 15 February 2007 (the ?Books Closure Date?) to determine:-
(a) in relation to Shareholders (1), their entitlements to the Bonus Dividend; and
(b) in relation to Entitled Shareholders (2), their provisional allotments of Rights Shares under the Rights Issue.
Duly completed and stamped transfers (in respect of Shares not registered in the name of CDP) received by the Company?s Share Registrar, B.A.C.S. Private Limited (the ?Share Registrar?) at its address stated below up to the Books Closure Date will be registered to determine Shareholders? entitlements to the Bonus Dividend and Entitled Shareholders? entitlements under the Rights Issue. Shareholders and Entitled Shareholders whose Securities Accounts with CDP are credited with Shares as at the Books Closure Date will be entitled to the Bonus Dividend and provisional allotments of Rights Shares, respectively.
Holders of the Warrants are reminded that only Warrants exercised (in accordance with the terms and conditions of the Warrants) by 5.00 p.m. on the Books Closure Date will be considered for the purposes of determining Shareholders? entitlements to the Bonus Dividend and in relation to Entitled Shareholders? provisional allotments of Rights Shares under the Rights Issue.
Shareholders whose registered addresses are outside Singapore should provide CDP (in the case of a depositor) or the Share Registrar (in the case of a scripholder), at least five (5) market days prior to the Books Closure Date, with an address in Singapore for the service of the Offer Information Statement if they wish to participate in the Rights Issue.
The addresses of CDP and the Share Registrar are as follows:-
The Central Depository (Pte) Limited
4 Shenton Way
#02-01 SGX Centre 2
Singapore 068807
B.A.C.S. Private Limited
63 Cantonment Road
Singapore 089758
BY ORDER OF THE BOARD
Chng Geok
Executive Director
31 January 2007
Rights issue approved by SGX yesterday. There is going to be buying interest now after a long slumber. This counter has not moved much inspite of the bull market. From here going to go up and away. Was steady inspite of the profit taking which pulled the market down. Cheers.
This donkey sooner or later is going to cheong.....
Look at Rotary and Tiong Woon cheong like nobody business......
This one will follow up soon.
SLOW AND STEADY....WIN THE RACE
right issue is on the way
cheong liao
Horse running.
Watching all morning, hoping to see price dip before going in.
Regret not going in at 0.655. Grabbed some at 0.67
True enough !!! They are up and target at 80cents
Buy now before is gone up up all the way....Look at Rotary, Tiong Woon, they are up up all the way, left with Federal wait to cheong up all the way
This counter is cheonging any time from now..... Someone is try to accumulating the shares in the past few day........
I do not whether they have finished the exercise the warrant or not. But I believe it will rise soon. I heavily vested in this account a few monthes ago from $0.48 to $0.715 as I strongly believe that.
wow today up 3 cents......so sad miss the boat
Why up ? the anouncement of bonus and dividend confirm izzit ?
Anyone care to give comment ..