
Now FL forces has captured and overrun the stubborn 17 resistance. Even the Director came out to support with obvious evidence of confidence in winnng the battles. If the 20 resistant- force (as winsontkl correctly pointed out ......and I'm sure many will cash-out at this point) could be broken...... ... ... ... ... then, I think FL has won the war and march forward to a new FRONTLINE battle. Cheers!
Seems like Frontline has grown from its "infancy stage". Hardly do you see such voulme traded in a single day for a long time and it is a good break too. After its release of result on 17 May, the turn of event which can explain the surge in volume to 44m and closing at 18 cents is probably due to:-
1. DBS research and recommendation with a TP of 23 cents as previously recommended.
2. Westcomb research and recommendation with a TP of 28 cents.
3. Director Tay Swee Sze accumulated 1m at 17.5 cents.
All pointing to favourable sentiment towards Frontline future prospect. Moreover, noticed a few major transaction done: 2 transaction with 7.5m done at 18 cents and 4 transactions with 7.3m done at 18.5 cents. Definitely sign of BB coming in to accumulate a multi-bagger. Hopefully, it can breakthru decisively the 20 cents phsychological barrier and set a new trading pattern, counting down to a first bagger at 26 cents.

Well done... With patient and sitting on your winning will surf Gooooood money..... Frontline has more to come....

Hi, Good buy support volume!
Total BUY Volume | 37,753K![]() |
Total SELL Volume | 6,783K |
Hi Friend, good support & intrest from company end also, one of the director bought this lot in open market. His name is Tay Swee Sze , I am sure next week this counter will touch 0.21 cents
The BBs have come in - 44 million shares traded today - see 2 large trades of 1 million and 4 million shares each done at 18.5cts. Price now on an uptrend surge.
14:57:46 | 0.185 | 52,000 | Buy Up |
14:57:45 | 0.185 | 142,000 | Buy Up |
14:57:42 | 0.185 | 500,000 | Buy Up |
14:57:39 | 0.185 | 20,000 | Buy Up |
14:57:39 | 0.185 | 20,000 | Buy Up |
14:57:25 | 0.185 | 100,000 | Buy Up |
14:57:19 | 0.185 | 20,000 | Buy Up |
14:57:09 | 0.185 | 10,000 | Buy Up |
14:57:06 | 0.185 | 40,000 | Buy Up |
14:56:52 | 0.185 | 1,000,000 | Buy Up |
14:56:43 | 0.185 | 100,000 | Buy Up |
14:54:50 | 0.185 | 10,000 | Buy Up |
14:54:44 | 0.185 | 40,000 | Buy Up |
14:54:27 | 0.185 | 50,000 | Buy Up |
14:54:23 | 0.185 | 50,000 | Buy Up |
14:54:07 | 0.185 | 100,000 | Buy Up |
14:53:26 | 0.185 | 10,000 | Buy Up |
14:53:19 | 0.185 | 20,000 | Buy Up |
14:52:42 | 0.185 | 100,000 | Buy Up |
14:52:42 | 0.185 | 100,000 | Buy Up |
14:52:32 | 0.185 | 834,000 | Sell Down |
14:52:22 | 0.185 | 50,000 | Sell Down |
14:52:18 | 0.185 | 25,000 | Sell Down |
14:52:01 | 0.185 | 20,000 | Sell Down |
14:51:51 | 0.185 | 20,000 | Sell Down |
14:51:43 | 0.185 | 20,000 | Sell Down |
14:51:43 | 0.185 | 60,000 | Sell Down |
14:51:42 | 0.185 | 50,000 | Sell Down |
14:51:38 | 0.185 | 300,000 | Sell Down |
14:51:37 | 0.185 | 100,000 | Sell Down |
14:51:30 | 0.185 | 1,100,000 | Sell Down |
14:51:27 | 0.185 | 95,000 | Sell Down |
14:51:11 | 0.185 | 100,000 | Sell Down |
14:51:09 | 0.185 | 10,000 | Sell Down |
14:48:39 | 0.185 | 30,000 | Sell Down |
14:48:06 | 0.185 | 20,000 | Sell Down |
14:48:04 | 0.185 | 826,000 | Buy Up |
14:47:52 | 0.185 | 220,000 | Buy Up |
14:47:52 | 0.185 | 200,000 | Buy Up |
14:47:50 | 0.185 | 50,000 | Buy Up |
14:47:49 | 0.185 | 10,000 | Buy Up |
14:47:48 | 0.185 | 100,000 | Buy Up |
14:47:42 | 0.185 | 4,000,000 | Buy Up |
14:47:41 | 0.185 | 10,000 | Buy Up |
14:45:48 | 0.185 | 25,000 | Buy Up |
14:45:09 | 0.185 | 30,000 | Buy Up |
14:43:42 | 0.185 | 150,000 | Buy Up |
14:42:08 | 0.185 | 200,000 | Buy Up |
14:42:01 |
Yes, please!
I'm also waiting for "the right time" to unload... Thanks!
hi all, nobody seems to be interested to post any advice on frontline.
saded...i released mine at 0.18..lol..saded.
Westcomb research target price of $0.28. More potential upside to be seen.
BUY S$0.17 STI : 3,525.51 Price Target : 12-Month S$ 0.23
Reason for Report : FY07 Results Potential Catalyst: New projects in Singapore, China and India
ANALYST Sachin Mittal +65 6398 7950 sachin@dbsvickers.com
jensonlaw, the Financial Year of FL falls on the 31Mar. Therefore for FY07 FL has declared a last & final dividend of 0.006c. Unless there is something very special, like anniversally or extraordinary windfall or huge profit, a special dividend maybe declared, which I doubt so.
I'm sure for FY08, and looking at their business model, FL's earning is substainable due to the favorable economic environments.
BTW enjoy your European Holidays. If you happen to be in France, remember to celebrate with a bottle of Barons De Rothschild Lafite Pauillac 1997 with goose liver. Cheers!
so looks like frontline will stick at 0.17 for a long time or even less
I bought mine when the price was 12.5c a month or two ago, and sold them at 17.5c yesterday. I can go away to Europe for a holiday this June! Speculators will always try to push up the price, and then dump all their holdings for some gains. The suckers will then have to carry the baby. Hope I'm wrong. Must have patient. hehehehe.
Happy punting.
no more upcoming dividends for now..they normally give out divs in december..so have to wait for then..I am trying to decide if its still worth it to go in at current prices..
somebody told me this counter will be heading more northwards soon..dunno if can trust anot..hmm..
This is from the announcement at SGX
Dividends
The Board of Directors has declared an interim dividend of 0.6 cent per ordinary
share on 22 December 2006. This is the last dividend payout for the financial year
ending 31 March 2007.
=========================
There is NO MORE DIVIDENDS to be shared for the FY 07. Correct me if I'm wrong.
so..is 17. 5 cents a good price to go in?
As far as I'm concerned, there isn't any right point of view whether it is 1c or 2!
These are the only existing point of views :
1)There is a conventional or popular point of view.
2)There is a large point of view that majority share.
3)There is a small point of view that few share.
and of course 4) there is a personal point of view.
Therefore, you're always right and you're always wrong- it simply just depends on which pole you're looking at things. Cheers!
The counter usually cheong 3 days before the good news got announced. On the actual day when the good news is out, the counter will drop. This is my one cent point of view.
About 4 years ago when I bought in this counter the price is 0.14. You need to be very very very very patient on FL.
Bigman, do share your opinion instead of HAHAHA
, from there we can learn as we go along even though opinion may differ.Who knows who will has the last laugh.

