
this stock is overperform or underperform? What happen? Very slow moving
Anybody knows the support level for this stock? Price now is $0.255...
Resistance at 0.26?
Look at the trading arrange, I believed that BBs are accumulating at 26.5 or 27cents. Look like it will not fall further.......Just wait for BBs to jump in to push up the price back to 52cents.........vested $$m
Hi ruanlai,
Thanks for your encouragement. Impressed with your optimism. Will press on then!
Please Q up patiently leh....Rotational play not yet for this counter.
When come shot all the way to 52 cents (TP), so buy and keep for big money.
For sure big money........
Can some wise guy out there advise what is happening to this stock? The stock seems to be stuck, heading nowhere. I bought them for quite a while already........... Really feel like giving up!
Singapore's United Fiber target price raised to 0.52 sgd - DMG
SINGAPORE (XFN-ASIA) - DMG & Partners said it has lifted its target price for
United Fiber System (UFS) to 0.52 sgd per share from 0.44 sgd previously after
the company recently started commercial production at its wood chip mill.
"Completion of the wood chip mill is an important development for UFS' pulp
business, as it provides the group with cash flow to fully plant its forest
concession without turning to the capital market," DMG said.
DMG estimates that the wood chip mill, which has an annual production capacity
of 700,000 bone-dry tons of wood, can generate some 95 mln usd in revenue every
year, assuming average utilization of 90 pct.
EBITDA margin from the mill is estimated to be about 30 pct, it added.
UFS' net profit is expected to rise to 8.4 mln usd this year from 2.5 mln usd
last year on the back of robust contributions from its construction business and
maiden contributions from its wood chip mill, DMG said.
Next year, DMG expects UFS' net profit to rise further to 27.9 mln usd.