ShareJunction - Stock Forum Messages

Frencken Last:2.92

-0.08

New phases new horizons, aim $3 by 2022

I heard u , bro...

There are better things for u to do
rather than keep bashing this one.

Juz watch at the sideline

Cheers

LoudShout ( Date: 23-Dec-2024 15:59) Posted:

If you look at every quarter tech co reporting, this is always the last co to report. Quite hopless.

msksmsks ( Date: 23-Dec-2024 10:19) Posted:

4Q coming to an end.

Reporting season coming soon
and Frencken' s mgmt had guided
a better/higher 2H24

Analysts consensus avg TP$1.47

Chart is bottomish and oversold and
awaits for the reversal

PDYODD as usual

If you look at every quarter tech co reporting, this is always the last co to report. Quite hopless.

msksmsks ( Date: 23-Dec-2024 10:19) Posted:

4Q coming to an end.

Reporting season coming soon
and Frencken' s mgmt had guided
a better/higher 2H24

Analysts consensus avg TP$1.47

Chart is bottomish and oversold and
awaits for the reversal

PDYODD as usual

There wl be rotational play.

Frencken wl hv it's days too.

Patience

AEM already up 5c. Frencken still sleeping only up 1c...110.....

4Q coming to an end.

Reporting season coming soon
and Frencken' s mgmt had guided
a better/higher 2H24

Analysts consensus avg TP$1.47

Chart is bottomish and oversold and
awaits for the reversal

PDYODD as usual

SSH 10 lots buying in action...

Yeah I think SGx is shortists market.
I think US market do not allow to borrow scrip to short.

Doesn' t matter , bro

Regardless SGX or others
as long make $$$ .

Cheers

stlimst ( Date: 18-Dec-2024 10:08) Posted:

Bro msksmsks, you mentioned that :
" ... Frencken share price had dropped to it' s previous low despite rosy guidance for 2H124.
So current level present an opportunity for buy,
Risk reward commensurates."

you have too much faith in our SGX.
I wouldn' t be surprise if the current level falls further.
" Risk reward commensurates" - only applies to normal markets, NOT IN OUR SGX

msksmsks ( Date: 18-Dec-2024 09:57) Posted:

Coudn' t agree more that SGX need to put in more effort
to salvage the situation.

Not only for Frencken, in fact apply to all listed Co too.
We need to base on mgmt' s guidance
and also look out for other macros that wl affect the company
performance

Nevertheless, u are right that Frencken share price had
dropped to it' s previous low despite rosy guidance
for 2H124.

So current level present an opportunity for buy

Risk reward commensurates. IMHO

This is a counter that has continuosly dropped from its high of $1.70. Every time, the analysts will revise its TP but still maintain buy call.
For those who went in at each drop thinking it would pivot, it had been very painful experience. The way it keeps dropping looks like someone is trying to make an offer at a low ball price.
It may pivot if there is good news coming out, but so far, it is a one way ticket down to its bottomless pit.
The only thing the SSH had been doing quite frequently in recent months, was to buy 10 lots on each occassion and made disclosure. Nothing much to expect from the mgt as the Co does not seem to have a share buyback mandate.

part of the reason for the poor performance is that high US yields have sucked money out of Asia and into the US stock market. Until the US economy remains strong and interest rates remain relatively high, this trend will continue. We need liquidity to come back to SGX for stocks to rise.

Bro msksmsks, you mentioned that :
" ... Frencken share price had dropped to it' s previous low despite rosy guidance for 2H124.
So current level present an opportunity for buy,
Risk reward commensurates."

you have too much faith in our SGX.
I wouldn' t be surprise if the current level falls further.
" Risk reward commensurates" - only applies to normal markets, NOT IN OUR SGX

msksmsks ( Date: 18-Dec-2024 09:57) Posted:

Coudn' t agree more that SGX need to put in more effort
to salvage the situation.

Not only for Frencken, in fact apply to all listed Co too.
We need to base on mgmt' s guidance
and also look out for other macros that wl affect the company
performance

Nevertheless, u are right that Frencken share price had
dropped to it' s previous low despite rosy guidance
for 2H124.

So current level present an opportunity for buy

Risk reward commensurates. IMHO

JessTrang ( Date: 18-Dec-2024 09:45) Posted:

Yes, was a bit surprised price could come back down at this lvl when last results and forecast were good. not to sound offensive bro, but Fundamentals base are bullshit over at SGX when we can see delisting offers were reasonable but unfair on so many occasions. Malaysia bourse avg PE across all companies is 15x and SGX is 11x. Gov has a lot to do to arrest this issue instead of just focusing on new listings.

Coudn' t agree more that SGX need to put in more effort
to salvage the situation.

Not only for Frencken, in fact apply to all listed Co too.
We need to base on mgmt' s guidance
and also look out for other macros that wl affect the company
performance

Nevertheless, u are right that Frencken share price had
dropped to it' s previous low despite rosy guidance
for 2H124.

So current level present an opportunity for buy

Risk reward commensurates. IMHO

JessTrang ( Date: 18-Dec-2024 09:45) Posted:

Yes, was a bit surprised price could come back down at this lvl when last results and forecast were good. not to sound offensive bro, but Fundamentals base are bullshit over at SGX when we can see delisting offers were reasonable but unfair on so many occasions. Malaysia bourse avg PE across all companies is 15x and SGX is 11x. Gov has a lot to do to arrest this issue instead of just focusing on new listings.