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Fw: Initiation of Coverage: FM Holdings - Buy, TP:S$0.31 westcomb
Rebounded as expected!
After some profit taking, FM bounced back to 21.5 cent again. Hopefully, the next wave of uptrend can begin soon!
Seem to have good support at 21.5c! Price and volumes may surge again any time!!
FM share placement approved by SGX!!
FM....volumes surged....price surged!!
Volumes and price seemed to enjoy good support!
Dunno what's wrong with this counter... but see the sudden drop with big vol yesterday spooked me out of this stock. Out today at 0.205, pocketed some kopi money. Sighz.
Buy on rumours and sell on news!! The future looks bright and company is on a strong turnaround now, be patient!
Anyone know why the sudden drop in price today?
With this new order and futher such orders and the acquisition of the biodegradable plastic packaging business, FY 08 will be a great year for FM!! I think there is more upside for FM......
FM Holding secures US$2.5m orders for 2008 Beijing Olympics!! Company comfident of securing further orders for the prominent event!!!
Trading at 22.5 cents now!! Strong buying interest!!
Has great further upward potential in next few days.
Stocking Veteran,
Congrats! Hope this is a sustained uptrend to reward supporters of this undervalued co. Cheers!
Congrats! Hope this is a sustained uptrend to reward supporters of this undervalued co. Cheers!
20 cents barrier broken!! Closed at 21.5 cents today with very strong volumes!!! People finally notice this Hiddem Gem!!!
Back to 20c with very strong volumes!!
There is an article on FM in today Zaobao..... read to find out more on the future of biodegradable packaging business.
FM Holdings moves upstream with acquisition of biodegradable packing company at 2.08 times earning!!
Strong support at 19.5c!!