F & N    Last:1.23    +0.02

F&N

I hold this counter for long term since this is a solid company.

Its share normally move just moderately. You may see the 1 year chart as below to see its trend with 20-day and 100-day moving average. I also think low 5 is a good buy

Good luck

 

Invested a little bit more today at 5.45. Hope it goes up soon coz it has been quite stable for the past two weeks.

 

Playing stock is so difficult alreday. Why dabble onto warrant?

 

suggest you pick up "School of Warrant", a sell out book by SC (societe generale). It is written with local context covering basic concepts and knowledge about warrnts such as the explanation of premium , delta, effective gearing etc etc. I do not invest in warrants but have been reading their column in the ST every Monday for knowledge. It ended its run on June 25th. I saw the book at major book stores and it doesn't cost much.

 

Hi all,

Newbie here. May I know what is this counter "F&N SGA eCW080218"? Is this the warrant of F&N. How different is trading such counters compared to their principal counter (ie. F&N). Also there seems to be no chart for this counter here at SJ.

Appreciate whatever advice. Thanks






 

 

Btw, does anyone have an idea when the F&N 2nd quarter results will be announced? Tks.

 

Today, F&N seems to be doing better. Hope the 2nd quarter results will give it a good boost.

 

Ya,

F&N is good.. holds part of APB shares.. (pls correct me if i am wrong)

When i was in Europe , knew a few ang mos there (portugese, italians and french), first thing, they asked me was whether i have TIGER beer with me... haha.. when they knew i am from SG...  i was quite shockEd cos they wanna try the taste...  

But too bad.. APB so x... so i change to invest in F&N.. haha...

Cheers,

Anything.

 

why out of the blue iPunter, my pal reappear, my dear mani mani:) 

 

Hehe, well, u seem to know this stock quite well. Anyway, u r right F&N has indeed been a joy to play over the years. Hope for some good news soon to bring up the price again. It seems the new logo change has not had much of an effect. But the only good point I can see from the new logo is that thay want to have single mark to identify their products which inturn will raise the profile of the company. It will also make it easier to integrate new products into the family after future overseas acquisitions, which I hope they are working on with the $$$ that has been invested in it by Temasek.

 

mmm...

I am no prophet... hehe...

But a high-beta stock like F&N can be a joy to play...  

 

 

Wow, Mr. Supreme, Yr words seem prophetic. Yr pessimism in this stock has indeed come through. Do you think it may recover anytime soon? Just less than a month ago it reached 6.50 level but now there seems to be no activity at all eventhough the market is all round generally bullish. Would appreciate yr comments. Thanks.

 

chow... :)

 

Thanks for your tip!

Actually, almost jumped in @ 5.60 yesterday, but was held back by your rare pessismitic posting on it.

Have to pack my bags to go home soon. talk to u later tonite, if u are around. bye! 

 

Lausk22... :)

Let it fall another 0.20.

There' a high chance of a rebound @5.35 for some profit in a few days.

 

iPunter, my pal,

Can u share your interest in this red lion brand since u are maintaining such a close watch on it?

 

Today, it went up 5c to 5.75

and then fell quickly to 5.55 again.

Closed at 5.55.

Weak technical action! 

 

Today went up to 5.70...

May go up another 10c (5.80) before falling lower again...

Unless it penetrates above to 5.90, whereupon it may induce programmed buying,

thus making it rise. 

 

The technicals are extremely weak at this point in time...

It appears the stock is being supported to prevent it sliding further down...

From here, the tendency of buying cheap-cheap "coz it's cheaper than before" may come into play ...

 

Probably profit taking , XD (5cents) and market sentiment. This company is a solid company and if you hold for long term you probably do not need to worry.  I am waiting for it to drop a bit further before buying . It seems low 5 dollars had strong support.