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21-40 of 54
Moving?
Resistance 47 → 50
Federal to cooperate with COOEC and PT Timas on the construction of a West Java LNG terminal The Group has signed a Memorandum of Understanding (&ldquo MOU&rdquo ) with Offshore Oil Engineering Co., Ltd (&ldquo COOEC&rdquo ) and PT Timas Suplindo (&ldquo PT Timas&rdquo ) Under the MOU, the Group, COOEC and PT Timas will cooperate exclusively on the proposal for the construction of an LNG terminal in West Java Singapore, 17 May 2017 &ndash Federal International (2000) Limited (&ldquo Federal&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), an integrated service provider and procurement specialist in the oil and gas, energy, utilities and infrastructure industries, is pleased to announce the signing of an MOU between COOEC, PT Timas and its wholly owned subsidiary, Federal Hardware Engineering Co. Pte Ltd (&ldquo FHEC&rdquo ). Under the MOU, the Group, COOEC and PT Timas will cooperate exclusively to submit a proposal for the Engineering, Procurement and Construction (&ldquo EPC&rdquo ) contract in connection with the construction of an LNG terminal in West Java. The parties are in advanced discussions with the owner of the LNG terminal project and the proposal is to be submitted directly to the owner of the LNG terminal project. This joint effort is once again underpinned by the Group&rsquo s strong business ties and network in Indonesia and established capabilities in procurement and trading.
I am all out of Fed Int clearing all remaining shares on first day of XD, when lower profits were annc for 1Q17! It was a good ride since Jan when it was ard 25. Glad to see the share price rebound from a low of 37 last week to close at 42.5 today. Perhaps the catalyst for greater revenue/profits will come soon from a project win with China Merchants partner. All the best to shareholders of Fed Int!
I believe Fed Int should break the next resistance of 5.0 and continue its climb before XD on 8 May. Hopefully, the uptrend will be boosted by a contract win or other good news announcement later this week or early next week. It' s a stock for which the topline/revenue is secured for this FY (90% of the $90m order book announced in Feb will be completed this FY). CEO is exceptionally pleased that China Merchants subsidiary is willing to partner a smallish company like Fed Int for project exploration in Indonesia. Just a single project win will mean a great revenue cum profit boost for Fed Int! Vested and caveat emptor.
Yes since way back, u can scroll the history in this thread.
HAITUNI ( Date: 01-May-2017 17:31) Posted:
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ozone vested?
Last:0.475 Vol:1023k
-0.005
distribution in play?
dyodd
Last:0.435 Vol:1822k
+0.035
technical resistance at 50c, fundamentally should hit 60-61c
gd luck dyodd
ozone2002 ( Date: 06-Apr-2017 09:55) Posted:
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Let go some at 43.5 Gut feel it will gradually go up to 50 in the coming two weeks. Business potential seems promising for this year!
@ last, FI moving...... looking good！
Last:0.425 Vol:2257k
+0.03
nice closing
ozone2002 ( Date: 06-Apr-2017 09:49) Posted:
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Vote of confidence from the CEO, FYI NAV is 60.89c
fruitfulness ( Date: 05-Apr-2017 18:39) Posted:
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Last:0.415 Vol:889k +0.02
Need to break 42 to climb higher
Need to break 42 to climb higher
Fed Int is resuming the steady steep climb today ...
Fed Int CEO KK Koh bought 400 lots at 39 cts yesterday, suggesting share price is still low? Time for the price to rise further indeed!
Next resistance to break at 42 for further upside. Gd luck dyodd
ozone2002 ( Date: 04-Apr-2017 16:24) Posted:
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Investors begin to take notice of this stock. It is traded with a strong volume. The price has surpassed last yr' s high and will soon pass the two yrs' high at 44. There are several positives for this stock : declared 2 cents div, current order book is close to or already exceeded last yr' s revenue, EPS last yr of 5.16 cts (so PE still less than 10), NAV close to 61 cts. I believe there is at least 10 to 20% upside. Caveat emptor. Vested.
Last:0.395 Vol:2579k +0.03
Hit 40c on route to NAV
Hit 40c on route to NAV
Last:0.38 Vol:242k +0.015