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Price of share supported by roadshow promotion in S'pore & HK by credit suisse in rept dtd 22june
Overall the mkt is correcting...share drop is expected...if DOW recover and FED no unexpected changes..expect this counter to resume its uptrend...Fung Choi has been hovering from 58 to 65cts for too long a time.
The fear not strong enuff. Share price no drop so drastic yet. Wait abit longer. Those margin lend or contra all will sell out to drop the price further. This time it is 3 days consecutive red color? Wait until next week if still see red color price will drop more.
Selling has dried up.hit a low of 66 cts....nothing to panic about to move when correction takes place but luckily last week vol of this counter not very big.....back to 69.5 unchanage...has potential to cross 70cts again..buy when everybody fears....
Feb 2007 Fung Choi is selected as supplier of packaging boxes to UPS...may get more such contracts for Bejing Olympics...70cts still ok to buy during weakness
My remiser hear from source said this one acc at ard 70c ..anyway worth a look as this one fundamental ok..got at 69...100lots..will buy the way up..good luck guys..
F&N paid 64.5cts for Fung Choi...may buy >....at 73cts still trading at single digit PE about 7.6
I stand corrected, F&N has 29.48% interest in this vegetable.
Since the price rise on 20M volume done yesterday, the highest seen since Nov 06, there has been no declaration of an SSH change in interest.
Does anyone know how much time a SSH is given to report a change in interest to the exchange 'Pursuant to Rule 704(15)(d) of the Listing Manual'?
If I am not wrong, they are not required to report until they have stopped all their buying and selling, whether it takes days or months. Is this correct?
Increase in Shareholding in Fung Choi Media Group Limited
Pursuant to Rule 704(15)(d) of the Listing Manual, Fraser and Neave, Limited (the " Company ") announces that its wholly-owned subsidiary, F&N Investments Pte Ltd (" F&NI ") has today entered into an agreement with White House Industrial Limited for the purchase of 14,502,800 ordinary shares of HK$0.25 each in the capital of Fung Choi Media Group Limited (" Fung Choi ") representing 2% of its issued share capital (the " Acquisition "). The shares of Fung Choi are listed and traded on the Singapore Exchange Securities Trading Limited.
When the Acquisition is completed, currently expected to be on 30 November 2006, F&NI?s interest in Fung Choi will increase from 27.48% to 29.48%.
The consideration for the Acquisition is S$9,354,306 payable in cash and arrived at on a willing buyer and willing seller basis.
The Acquisition is not expected to have any material effect on the net tangible assets per share or earnings per share of the Company for the current financial year.
Except for Dr Han Cheng Fong who is a director of Fung Choi and Mr Patrick Goh, who holds 50,000 ordinary shares in the capital of Fung Choi, none of the other directors or substantial shareholders of the Company has any interest, directly or indirectly in the Acquisition.
Hi happyday,
May I know when is the roadshow? Thank you very much. 
up 5 cts only next week >80cts
Hi happyday,
It hv gone up 0.05 c today. Do you think it is still safe to vest. Thanks.
where do u find the credit suisse report... is there any link?
Fundamentally, it has superb growth record. It has big potential since it is in the media and marketing industry.
Technically, it broke a strong resistance line yesterday with high volume.
Remember me when it hits $1.50. :lol:[/quote]
latest rept by Credit Suisse...fung Choi in cantonese it means got rice and vegetable...suspected Fung Choi has secured contracts for printing for Bejing Olympics...with an impending roadshow..esaily $1.oo
