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Very strong support at 45/455 with lots of accumulation by individual or groups...tomorrow will be better than today...
Media release by DFI...for those who want to read and know more...
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast3MonthsSecurity& F=PKZ0J6753RGHJ9SL& H=869ac7c7e9173fefad88ba6a52420210677a560c14099ba49885f7ce4ba98497
Eagle88 ( Date: 05-Oct-2016 16:33) Posted:
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Media release by DFI...for those who want to read and know more...
http://infopub.sgx.com/FileOpen/Duty%20-%20Duty%20Free%20International%20Limited%20to%20Move%20from%20Catalist%20to%20SGX%20Mainboard.ashx?App=Announcement& FileID=423147
Price at 455/46 is reasonably cheap vs the potential to go up now that Duty Free German company Heinemann had bought into DFZ and give this counter a very high valuation of around Euro 200million...
Let this counter CHEONG until 50 cents....hahaha...
This counter needs to show that it' s on the right track to move to Mainboard and to trend up with flying colours !!! Huat Ah !!!
Ai Cheong liao...
To accumulate at 45/455...oversold without good reasons....waiting for strong rebound....
Very strong fundamentally...lots of strategic land around 800 acres to be revaluated at double the old cost price...Duty free business is improving...TP is 61 cents by CIMB...there must be very good reasons to transfer this counter from Catalist to Mainboard not just because of meeting the Mainboard listing requirements....lots of actions coming...good for those who can hold long long...
After all the weak holders are gone then the stock will start to move up...
Dont worry...more action later...
Anything wrong by malaysia based if it is making profit and paying taxes?
genting^2 ( Date: 04-Oct-2016 11:35) Posted:
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Hi Bro, pls check your tourist data for Asean....every where also go up as far as data shows...
genting^2 ( Date: 04-Oct-2016 11:35) Posted:
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Watch out for tomorrow as this counter will be traded in SGX Mainboard...no more small brother liao... hahaha....
Malaysian sin tax for tobacco and alcohol might go up alot in the coming budget...once sin tax goes up, the price difference between taxed and duty free goods in duty free outlets will be high and drive more people to buy in duty free outlets and contributing more profits to DFI....another buy factor....good sign...no wonder Heinemann of Germany is buying into DFI...Huat liao...
CIMB TP is 61 cents...
Eagle88 ( Date: 04-Oct-2016 11:31) Posted:
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Very good support at 46.5 cents...
It's cheaper for Singaporeans to buy duty free goods in Malaysian airports than in Changi airport!
Malaysian can buy duty free goods at the airport and other seaports lah. Tourist from China and other countries have increased as well...land banks oso khaw2 to be reevaluated...Just Buy...
genting^2 ( Date: 04-Oct-2016 11:35) Posted:
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Tourist decline in this region. got business meh? somemore malaysia based if i am not mistaken.