Frontline   

Potential Multi-bagger ???

Hi frontliners, i agree with winsontkl that it has great upside potential and becoming a multi-bagger. Div yield is also good, >4.5% depending on ur entry price. Chart is aslo very bullish and ready. i'm targetting >30c followed by correction, then going for >40c. 

 

Jason, there is a high possibility to your assumption as investors like to lump the same industry counter together. The high volume result in the price increase of 11% in one day.

However, I think another possibility is due to its coming result in May, it should be a Bang taking into account its subsidiary recent IPO result in return of cashflow which is positive on the Co. Moveover, their constant positive return for the last two years is proven record of what is to be anticipated. One can only hope that this coming announcement comes with some goodies.

Another possibility is BB might have taken interest resulting in the high volume. Anyway, its penny stock with sound fundamental. Downside limited but with unlimited upside ie. multi-beggar.

Just lean back and see it run.

PS: hope it don't take too long as this counter is known to be ZZZzzzz to many investors to the extend of giving up hope on it.

 

Could the following piece of related news spurs the high volume and slight increase in price for Frontline? I am bullish that it will continue to climb higher, and with the results announcement shortly, it should hit 16c in no time. STRONG BUY, OUTPERFORM.

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IT bellwether Infosys Technologies' impressive fourth quarter earnings and paring inflation figures powered a strong rally on the stock market, which today ended 270 points up on across-the-board buying interest.

Shares of Infosys Tech jumped 2.15 per cent after the company announced higher-than-expected earnings of Rs 1,124 crore for the January-March quarter -- which was 69.27per cent higher from Rs 664 crore in the year-ago period.

 

Finally, it goes up and volume kicker for the day... Hope there is more to come....Cheers!!!!

 

Looking at the  trading pattern today, seems hyper active in the morning but cool off in the afternoon. Hope the activities pick up and prove its one of the potential multi-bagger.

The result will be out next month, hope there are some goodies attached with its consistent growth.

Any news for the sudden move up in volumne???

 

finally the wait is over, time to cheong as year end result approaching.  Good luck and stay vested

 

Feel like buying up all the sell queues at 14.5 cents .....

 

 

 

Stay cool.  This is just the beginning of the big cheong.

 

How many think Frontline have no problem becoming a double bagger at least ..... If double bagger = 29 cents .....

 

This rally is long overdue. A great stock. Hope can see another strong multi-bagger.

 

Yes, do agreed with your point R0125per, but by then, where to find the bargain when its turn come. The price will never be 13 cents again.

 

now is construction cycle boom time, of cause scglobal up. frontline will have his turn but not now.

 

Frontline seems to be missing out in this bullish market. Its fundamental is close to its book value and it provide a decent dividend of 4%. Somehow, it did not get its due. The share price doesn't seems to reflect its true potential.

To lots of investor who own this counter, their reaction is simply ZZZZZZZZZZ, not moving at all, but when come to a bear market, it has its fair share of falling. Some really give up on it. Remember, SC Global, nobody really take note of it since SC took over, for three years or more - flat liner at $1 range. Recently or to be exact - last year, it came alive, from $1 plus it move to $2 plus and now $5 plus. 

So patient really pay off in this game. Cheers!