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FM hits 20c!!!!....
Continue to move up strongly....................
Continue up trend, volume remain high!!!
Up again to 17.5c with very strong volume!
Up 1 cents to 15.5 cents with high volume!
Positive respond to the placement. Price up with strong volume!
FM placing 20,000,000 new shares to raise funds for expansion of the Group's business through acquisitions or joint ventures as and when the opportunities arise!!
Strong recovery with very high volume!
Yes, I was reading about this company in Business Times some time ago. It could indeed be a hidden gem. I like cheap valuations. This is another cheap stock
Giftware company FM Holdings reported a 36.6% plunge in half-year net profit to HK$6.7m. Revenue for the 6 months to Sep 30 fell 9.4%. EPS dropped to 6.6 HK cents from 11.3 HK cents last year. NAV per share stood at 76.6 HK cents, up from 70 HK cents.
I think this is the 4th hidden gem to bite the dust.
No volume, have problem buying.....anyone know when the result is coming out??? Good buy?? Can go in at 15c??
Result will be out this week.....stay tuned. Looking forward to the attractive dividen!
More views can be found here:
http://analytics-asia.com/v-web/portal/cms/modules.php?name=Forums&file=viewtopic&t=460&start=15#5172
Will only consider buying when volume pick up....have problem accumulating, you know!
Read this from CNA..lok interesting
"With the current positive market sentiment, it is worth looking at some recent ipo gem company that had not been noticed by investors. FM holding ipo at 21 cents and drop to the current level of 13 cents in spite of good earning after ipo. Half year earning is around HK 11.3 cents. NTA is HK 65.3 cents. The share is currently trading at a PE of less then 4. It is definitely worth looking at again. The gain will be huge is rotational play pick this counter, if not collecting dividen is not a bad idea too since the risk is low."
http://info.channelnewsasia.com/bb/viewtopic.php?p=333150#333150