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i m also loading at this price
danger ( Date: 12-Nov-2013 13:48) Posted:
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I stress again to buy when so cheap now
How I wish u r the BB !!!!
danger ( Date: 08-Nov-2013 16:51) Posted:
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BUY WHEN CHEAP NOW !!!
CEO own more than 50% of issued shares in company . Privatisation of Fibretech is easy .
danger ( Date: 06-Nov-2013 19:53) Posted:
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500 lots 3.2c all eaten at one instance
Don't miss this gem .. even gaoxian had rallied above 4.1 c
The result released few days ago already showed China Fibretech is very undervalued when it's PROFIT surged up 121% from a year ago
Cash balance is higher
If you could double your money in lets say next 12 months .. why not .. nothing to lose at 3c
Tempting to step in now, why the sudden dip from the .06 range a couple months back? Technicals look good on chart for a rise back to that range shortly...advise?
You never know !!, cause the last AGM people have already raised question about this issue and you know they have to face the shareholders on AGM , i think this year they should feel the pressure that they have to do something about it !!! I Hope
look at corporate actions, do you see them giving out div to shareholders?
they are going to keep the profit in the bank for recurring interest, see their bank balance.
hehez
Based on their accumulated profit for this year RMB54,70000 + Last qauter projected income RMB182,00000.00(RMB547000/3)=RMB729,00000.00 /4.8 =S$151,87500.00 !!!!!!!!!! /448,329,625 no. of shares =S$0.0339 it is almost the same as the current Price !!!! if they issue dividen by the end of the year using half the profit for 2013 than it is S$0.017 50% of current price.???Gem ???
Any brother here can correct me if i did the caculation wrongly !!! Thanks
LOAD EARLY ELSE YOU WILL REGRET
ONLY 3c ... You've got nothing to lose
thats what everyone was advocating about every after results are out for chinafibre.
but sad to say, their management is not taking care of the shareholders, look at the depressed price now.
better stay out and monitor
danger ( Date: 07-Nov-2013 07:09) Posted:
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Profit of Firbretech jumped tremendously .
A 3c stock with NAV of more than 22cents . in NET CASH and SUPER CASH RICH
A GEM . LOAD !!!
Big jump in profits
worst days are over
The Group recorded revenue of RMB54.7 million for 9 months ended 30 September 2013 (" 9M2013" ), an increase of 50.4% compared to RMB36.4 million for 9 months ended 30 September 2012 (" 9M2012" ). On a quarterly review, the revenue for three months ended 30 September 2013 (" 3Q2013" ) had increased to RMB20.6 million as compared to RMB12.1 million for three months ended 30 September 2012 (" 3Q2012" ). The sharp increase in revenue was mainly due to:
- Increase in the fabric processed from 5,047 tonnes in 9M2012 to 6,958 tonnes in 9M2013 as a result of higher demand from our customers made during the period. Since March 2013, the Company was able to maintain a monthly sale volume above 800 tonnes, a significant improvement as compared to financial year 2012 with an average monthly sales volume of 559 tonnes.
- Increase in average fabric processing fee from RMB7,202 per tonne in 9M2012 to RMB7,861 per tonne in 9M2013. The increase in average processing fees was mainly contributed from the production of new fabric, namely knitted velour, with a higher processing fees as compared to polyester, cotton, and spandex. Changes in product mix had also contributed to higher average processing fees due to higher proportion of spandex and knitted velour processed during the period which commands a higher processing fee.
The result is out seems good and projected to be good on 2013 high chance of dividend on this counter
ya. no dividend. no capital gain. just the co saying it has lots of cash on paper. makes u wonder y u bought in the first place. gotta wait for someone to take it off ur hand
not vested. not trying to induce anyone to sell either
Patkeane ( Date: 31-Oct-2013 11:50) Posted:
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The thing is that they don intent to take care of share holder , they just don't care !! they do not even bother to have a contactable email address, their web site have no contact number , it makes me wonder if SGX have ever go to their factory to see if they are actually doing any business?? , do you any sifu here know when they going to release 3rd quater result ??
no reason for them to buy back share. they dont need high share price to run company. only sellers do. then again if u sell u re no longer a shareholder so they dont have to take care of u anymore
Patkeane ( Date: 31-Oct-2013 01:18) Posted:
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