Food Empire

[kennynah]

Thanks for this info. My wife has domes vested from can't remember when. Does this mean time to say goodbye to this?

[market-uncle]

Thanks for this info. My wife has domes vested from can't remember when. Does this mean time to say goodbye to this?

It depends on when your wife bought them. I'll still be hanging one for a while and monitoring it. Anyway, this is just my amateurish analysis, hence I could be wrong.

[kennynah]

so long ago...we forgot...hahaha... i think it was 30+ cents...i remember seeing it rise to ~$1...then last time we saw the price was 60+ cents...duno about now...hardly log into our dmg account these days...

((edited to add below))

anyways...motivated enuf to take a peek at the charts...looks to me 70cents region resistance...

[market-uncle]

so long ago...we forgot...hahaha... i think it was 30+ cents...i remember seeing it rise to ~$1...then last time we saw the price was 60+ cents...duno about now...hardly log into our dmg account these days...

((edited to add below))

anyways...motivated enuf to take a peek at the charts...looks to me 70cents region resistance...

Haha, 30+ cents, factoring the recent bonus issue, enough margin of safety to wait and see

[kennynah]

ok lah...hold....anyways already held on for so long, never monitor, already past the peak at >$1.1, so what's another few more years, right? ....hahaha...

[LenaHuat]

2day, FE reported a 17.7% increase in 1H 2008 profits.

[market-uncle]

Though better than 2Q '07, 2Q '08's cash flow from operating activities is still negative at about 1.9m USD, the increase in receivables alone accounted for 105.8% of reported earnings after tax, i.e. for each dollar of reported net earnings, $1.058 is not collected... yet.

But overall, the jump in revenue (51.5%) did not result in a similar or higher jump in receivables. On the contrary, receivables actually dip by 0.22%. This is definitely a welcomed improvement in the quality of its earnings.

[kennynah]

ok M-U :...so does this mean that this FE is going to hong kong jumbo seafood?

[market-uncle]

Pardon my ignorance... what you mean by

FE is going to hong kong jumbo seafood

[kennynah]

sorry friend...i meant...with your above post on FE....does it mean that FE's share price can slide further down on that fundamental you posted ?

thanks.