Food Empire    Last:2.37    -0.1

Food Empire

Share pricing ding dong at the same range despite plenty of company buy back. As contrast to earlier where share pricing improves with the buy back and trades higher than the buy back price. It tells alot, despite record earnings. It is time to do a sum on a forward basis to see where the Company is trading at, whether its undervalued, overvalued, or fairvalued.  Cheers.

 

Perhaps affected by Delfi pullbk. ??

If below $1 , wl avg down ...

msksmsks      ( Date: 26-May-2023 14:50) Posted: Still got selling pressure. ? Technically looks weak, sigh Perhaps flushed down further before a uptrend begin Now not here nor there

 

Still got selling pressure. ?

Technically looks weak, sigh

Perhaps flushed down further before a uptrend begin

Now not here nor there

 

Apparently some remnants of resistance .

Chart appears to breakout fm triangle soon

守 得 云 开 ， 见 月 明

 

Start date mandate  to do SBB on 25/4/2023

So far, 870 lots being bght bk.

Max no. of shares authorised for purchase
53,236,349 

Don fight against the Co........They know their share is undervalued

Ride along the upward wave 

 

SBB again for today .  200 lots @ 1.044

Buying higher and higher...

Good .....

Share price likely wl move up soon.

 

Boh bian

Despite some buying interest, ....yet still got pple wanna sell down during matching...

Hopefully it wl prevail soon

hschsc      ( Date: 24-May-2023 17:37) Posted: Too bed, back to $1.02 again. No power to move up.. msksmsks      ( Date: 24-May-2023 13:45) Posted: Fm it' s price action, seems like gonna make its way up soon Let' s see

 

Too bed, back to $1.02 again. No power to move up..

msksmsks      ( Date: 24-May-2023 13:45) Posted: Fm it' s price action, seems like gonna make its way up soon Let' s see

 

Fm it' s price action, seems like gonna make its way up soon

Let' s see

 

 

Well said.

FE been growing steadily and is in Net cash position.

SBB is a vote of confidence and mgmt knows it' s share is undervalued.

The price wl rise to it' s equilibrium

Cheers



 

Nippon72      ( Date: 24-May-2023 08:07) Posted: I agreed that everything we have or do is a risk, from what you decide to study after your secondary, to job / marriage and now stocks.  I would say calculated risk where you sense make all the info you got and make an informed choice. Do it with eyes open.  And the biggest risk of all is to do nothing. For our parents' case is to squirrel away into milo tins only to realise either chewed away bu roaches or inflation.  FE is a missed opportunity for myself. Been watching it from the sideline since its 50c ++ days. Got vested when is a dollar now. Well, $1 might be history if they continue what they are doing. The best is yet to be.    msksmsks      ( Date: 23-May-2023 22:21) Posted: Risk cfmd hv.... depends how u manage As saying goes "富 贵 险 中 求 ". So far, FE had demonstrated their finesse of their existing biz.

 

I agreed that everything we have or do is a risk, from what you decide to study after your secondary, to job / marriage and now stocks. 
I would say calculated risk where you sense make all the info you got and make an informed choice. Do it with eyes open. 
And the biggest risk of all is to do nothing. For our parents' case is to squirrel away into milo tins only to realise either chewed away bu roaches or inflation. 

FE is a missed opportunity for myself. Been watching it from the sideline since its 50c ++ days. Got vested when is a dollar now.

Well, $1 might be history if they continue what they are doing. The best is yet to be. 

 

msksmsks      ( Date: 23-May-2023 22:21) Posted: Risk cfmd hv.... depends how u manage As saying goes "富 贵 险 中 求 ". So far, FE had demonstrated their finesse of their existing biz.

 

Risk cfmd hv.... depends how u manage

As saying goes "富 贵 险 中 求 ".

So far, FE had demonstrated their finesse of their existing biz.

 

A large part of the revenue is from Russia and former CIS countries. Isnt that a concern or risk?

 

Very supportive for FE another round
Of SBB 200 lots @ 1.0315

As iterated b4, share is undervalued.

Share price wl adjust to its equilibrium

 

Artificially depressed...

Abt time for FE to recoil fm the springboard

 

The excess fat fm the last wk run up / gain shld be digested soon ...

Once it's over, opined it's FE turn to rally

Cheers

 

Welcome on board.

Let's ride along the upward wave

Cheers

Nippon72      ( Date: 21-May-2023 20:47) Posted: Just became a kacang puteh shareholder recently. As long it beats bank & cpf oa rate by 2-3x I am happy liao.  msksmsks      ( Date: 21-May-2023 20:44) Posted: CO embarked another SBB on Friday for 200 lots Q $1.0385 Nobody knows better than the Co whether is it undervalued given it' s  financials and also biz outlook . As reiterated b4, FE guided  positive outlook which agurs well for  their forthcoming Qtrly result and perhaps FY23 Opined that FE wl unlikely stay low for long ... Looking fwd for a meaningful upside. Cheers

 

Just became a kacang puteh shareholder recently.
As long it beats bank & cpf oa rate by 2-3x I am happy liao. 

msksmsks      ( Date: 21-May-2023 20:44) Posted: CO embarked another SBB on Friday for 200 lots Q $1.0385 Nobody knows better than the Co whether is it undervalued given it' s  financials and also biz outlook . As reiterated b4, FE guided  positive outlook which agurs well for  their forthcoming Qtrly result and perhaps FY23 Opined that FE wl unlikely stay low for long ... Looking fwd for a meaningful upside. Cheers

 

CO embarked another SBB on Friday for 200 lots Q $1.0385

Nobody knows better than the Co whether is it undervalued given it' s 
financials and also biz outlook .

As reiterated b4, FE guided  positive outlook which agurs well for 
their forthcoming Qtrly result and perhaps FY23

Opined that FE wl unlikely stay low for long ...

Looking fwd for a meaningful upside.

Cheers

 

🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀