@Jana1 wrote:@kalum wrote:when studying today's selling pattern, i guess FLCH is a potential short term counter to watch around 2.1-2.0 levels. As per the last audit reports, nav 2 and earnings became positive in last quarter. not sure how is the statistics on dec31st, but it will give a reasonable dividend on 2014 1Q if the financials are ok. my sense that FLCH could give more than 12.5% return within 2-3 months. It's not a buy/sell recommendations, what i see combined with past experience. There is a fair space that my prediction may get wrong. Anyway we may need to study financials. Plus keep in mind that FLCH is some what speculative share.
R u talking about FLCH? NAV-4.7 and its EPS 0.043; It is impossible to give at least 0.15 dividend. 0.15 dividend was given out of 0.38 annual earning. I am afraid its dividend would fairly in-line with Aug-2012 dividend of 0.05.
Depends on the rain as well , the current climate will persist & have a bad impact on their cultivations and hydro power projects , will come down below 2 for sure