
dun know y FungChoi been lagging behind the mkt.
its current 9 months result already surpassed last yr profit. Something the mkt knew but not us the small shareholder?
trading halt on Monday.
poor choice coz monday gonna be a chiong day (dow close 100+ points higher on friday)!
y they so silly?
watch out for this counter next week. my take is accumulation ending and
its likely to be moving north.
accumulation in progress??
volume counts...
but, let's grab the contract first :)
don't you think so?
Gross margin of contract is more impt than size. Btw, it was stated:
"The Group will enter into further discussions with UPS to work through the details
of supply contracts to be awarded under the UPS Global Sourcing Initiative."
Just have to wait.
How big is UPS biz?
******************
Singapore, 1 March 2007 ? Singapore Exchange Mainboard listed Fung Choi
Media Group Limited (?FCM? or the ?Group?) is pleased to announce that having
participated in a supplier selection process under the UPS (United Parcel Services)
Global Sourcing Initiative, the Group has been selected as a supplier of packaging
boxes (of various sizes) for the global speed post services of UPS.
The Group will enter into further discussions with UPS to work through the details
of supply contracts to be awarded under the UPS Global Sourcing Initiative.
Media Group Limited (?FCM? or the ?Group?) is pleased to announce that having
participated in a supplier selection process under the UPS (United Parcel Services)
Global Sourcing Initiative, the Group has been selected as a supplier of packaging
boxes (of various sizes) for the global speed post services of UPS.
The Group will enter into further discussions with UPS to work through the details
of supply contracts to be awarded under the UPS Global Sourcing Initiative.
vested coz of 2 reasons:
1) turnover/profit for next FY very optimistic
2) one of major shareholder is F&N
absolutely i agree.. this stock may not be a glamor stock but its fundamentals are there... the risk factor apart from it being a China stock is low since its business is in printing and packaging...
why sell so soon?
good things come to those who wait..
today sold all at 0.65, abit disappointed how FungChoi been underperforming the mkt.
Lost almost 2k...
but never mind, this shall be a lesson for me :(
never fight against mkt tide!
DMG Partners released research report giving a price target of 0.825.
2Q revenue $280m
PAT $65m, up 24%
IMHO, not so bad...
Results for 2Q is out...
Dunno whether good or bad
yah hor when the results coming out?
Nv see them announcing