CHINA FIBRETECH

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12 years 8 months ago - 10 years 11 months ago #6934 by ZEN
CHINA FIBRETECH was created by ZEN
H1 REVENUES SURGED 160%
 
NET PROFIT OF RMB 22.28 MILLION . UP 16 FOLDS Year on Year
CASH BALANCE UP 20.4% FROM RMB 353 MILLION TO RMB 425 MILLION
 
P/E : 2 .
NTA : 21.9c
Share price 5.5c .
 
info.sgx.com/webcoranncatth.nsf/VwAttach...Annt.pdf?openelement
 
 
 
Last edit: 10 years 11 months ago by niadmin.

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12 years 8 months ago #6941 by Joes
The major shareholders should just privatise this company. Can offer 12 cents????

Cheongwee, what is your take on the 1H results?

They did say that in late 2Q, there was a slowdown in business. Wahpiang, will 3Q be in trouble?

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12 years 8 months ago #6975 by ZEN
accumulation detected today .........

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12 years 8 months ago #6976 by yeng
Replied by yeng on topic Re:CHINA FIBRETECH
Volume is quite high, it appears that someone is opportunistic --- sitting there and collecting at this cheap price.

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12 years 8 months ago #6991 by ZEN
Once the insiders or company buys up enough shares from the market .
Future buyers will have to pay higher price if company decides to go private .
Imagine the market cap of China Fibretech now is only about 1/4 of it's cash balance .
 
 

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12 years 7 months ago #7178 by Dongdaemun
Replied by Dongdaemun on topic Re:CHINA FIBRETECH
Interest has dried up. Stock as attractive as before? 4.8 cents.

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