Frencken    Last:3.03    -0.04

This one can aim $1

results seem quite good. today didnt go up maybe an opp to buy. see matching can buy some at 0.61 or 0.615

 

Surged at closing!!!!
 

 

w5 end 68
now in wabc correction
chance of breaking 68 is very dim

wave a 68 ?59 delta 9 dn 61.8%
z px hit low 63

wave b 59 to ?65 up 61.8% of wa
wave c 65 to ?56 dn 100% of wa

tcshares      ( Date: 24-Apr-2019 21:39) Posted: any chance for this counter to surge?

 

any chance for this counter to surge?

 

bbs pump up to distribute b4 news out...

iinvestor      ( Date: 18-Apr-2019 08:50) Posted: Not insiders, just funds taking some profit like us. Me too take some. Haha

 

Not insiders, just funds taking some profit like us. Me too take some. Haha

 

 

Maybe inside company problem

Newbie0919      ( Date: 18-Apr-2019 08:38) Posted: There is a announcement yesterday after market said that there are 2 shareholders ceasing from their position. Will this news gonna affect the price?

 

There is a announcement yesterday after market said that there are 2 shareholders ceasing from their position. Will this news gonna affect the price?

 

👍

WL123456      ( Date: 17-Apr-2019 14:12) Posted: I think I take some profit first . Leave some for later since the TP of cimb is 0.90. SgYuan      ( Date: 17-Apr-2019 11:18) Posted: Now see how powerful w5 ew w0 370 w1 425 w2 390 w3 580 w4 540 w5? w1 55 w2 35 w3 190 up 345% w4 40 dn 21% w5 123 tgt 663 up 50% of w1+w3=245 - px hit 665 Next level - 61.8% delta 150 tgt 690 - take profit along the way

 

I think I take some profit first . Leave some for later since the TP of cimb is 0.90.

SgYuan      ( Date: 17-Apr-2019 11:18) Posted: Now see how powerful w5 ew w0 370 w1 425 w2 390 w3 580 w4 540 w5? w1 55 w2 35 w3 190 up 345% w4 40 dn 21% w5 123 tgt 663 up 50% of w1+w3=245 - px hit 665 Next level - 61.8% delta 150 tgt 690 - take profit along the way SgYuan      ( Date: 15-Apr-2019 12:16) Posted: great uptrend but nearing end - got profit take ew w0 370 w1 425 w2 390 w3 580 w4 540 w5? w1 55 w2 35 w3 190 up 345% w4 40 dn 21% w5 123 tgt 663 up 50% of w1+w3=245 - px hit 635 delta 95 up 39% of 245 after this wabc

 

Now see how powerful w5

ew w0 370 w1 425 w2 390 w3 580 w4 540 w5?
w1 55
w2 35
w3 190 up 345%
w4 40 dn 21%
w5 123 tgt 663 up 50% of w1+w3=245
- px hit 665

Next level
- 61.8% delta 150 tgt 690
- take profit along the way

SgYuan      ( Date: 15-Apr-2019 12:16) Posted: great uptrend but nearing end - got profit take ew w0 370 w1 425 w2 390 w3 580 w4 540 w5? w1 55 w2 35 w3 190 up 345% w4 40 dn 21% w5 123 tgt 663 up 50% of w1+w3=245 - px hit 635 delta 95 up 39% of 245 after this wabc

 

BBs taking notice liao!!!!

CGS-CIMB Report 17 April 2019
Frencken Group Ltd Year of industrial automation
■ Frencken is a manufacturing solutions provider with a global presence and 2 key divisions &ndash mechatronics and integrated manufacturing services (IMS).
■ We project the company to have a net cash balance sheet by end-FY21F. We estimate dividend yields over FY19-21F of 4.1-4.3%.
■ Initiate with Add and TP of S$0.90. We believe its earnings will be driven by industrial automation segment, where demand from a key customer is strong.

 

Heikin Ashi forming nice chart bro. I think your 66 got chance :)

SgYuan      ( Date: 15-Apr-2019 14:28) Posted: w5 tgt is 66. - although i use a 50% up - but still take profit take never wrong WL123456      ( Date: 15-Apr-2019 13:06) Posted: So how target 663? Ok let?s see accurate this ew is this . If 66 means very accurate .

 

Swee lah...DBS report shows Frencken much much undervalued compared to peers. Chairman Gooi family has been buying, got fund manager insider top 20 also.

At some point, this should be a takeover target. Mini-Venture hor!

HAHAHA!!

 

w5 tgt is 66.
- although i use a 50% up
- but still take profit take never wrong

WL123456      ( Date: 15-Apr-2019 13:06) Posted: So how target 663? Ok let?s see accurate this ew is this . If 66 means very accurate . SgYuan      ( Date: 15-Apr-2019 12:16) Posted: great uptrend but nearing end - got profit take ew w0 370 w1 425 w2 390 w3 580 w4 540 w5? w1 55 w2 35 w3 190 up 345% w4 40 dn 21% w5 123 tgt 663 up 50% of w1+w3=245 - px hit 635 delta 95 up 39% of 245 after this wabc

 

Volume cross 5mil , strong buying momentum . Heikin Ashi is trending strongly up. Yuan, looks like your 66 appears to be looking good.

 

So how target 663? Ok let?s see accurate this ew is this . If 66 means very accurate .

SgYuan      ( Date: 15-Apr-2019 12:16) Posted: great uptrend but nearing end - got profit take ew w0 370 w1 425 w2 390 w3 580 w4 540 w5? w1 55 w2 35 w3 190 up 345% w4 40 dn 21% w5 123 tgt 663 up 50% of w1+w3=245 - px hit 635 delta 95 up 39% of 245 after this wabc

 

great uptrend but nearing end
- got profit take

ew w0 370 w1 425 w2 390 w3 580 w4 540 w5?
w1 55
w2 35
w3 190 up 345%
w4 40 dn 21%
w5 123 tgt 663 up 50% of w1+w3=245
- px hit 635 delta 95 up 39% of 245

after this wabc

 

Where?s this report ? Got link ?

sunview      ( Date: 15-Apr-2019 11:13) Posted: Initiate coverage with BUY and 25% potential upside to S$0.75 TP Diversification of business segments, manufacturing facilities and customer base brings resilience and stability Benefitting from technological advancement and rising transformation trend Attractive valuations - trading at steep discount to peers PE and offers c.4% dividend yield (From DBS) Not vested

 

• Initiate coverage with BUY and 25% potential upside to S$0.75 TP
• Diversification of business segments, manufacturing facilities and customer base brings resilience and stability
• Benefitting from technological advancement and rising transformation trend
• Attractive valuations - trading at steep discount to peers PE and offers c.4% dividend yield

(From DBS)

Not vested