Fu Yu
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Fu Yu.....potentially next RTO target
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good alert...will check it out cos' it is manufacturing (if I am not wrong) - highly recommended by analysts in 2007..
Came across Fu Yu...
1. 8.5c cash per share.
2. resolutions saw the passing of 1 for 1 rights issue.
3. new directors since 2008 admist scandle.
4. new major shareholder..
5. rationalization of loss making subsidaires, cost cutting measures
6. cashflow is positive
some key signs of a major corporate play ie RTO.
NO TRADING PLEASE. this is an exotic stock like Achieva. Needs holding power.
vested