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FITTER DIVERSIFIED BHD

MYX:FITTERS   FITTERS DIVERSIFIED BHD
Background company:
1.FITTERS had gained recognition as a “one-stop” fire protection specialist and continues to engage in manufacturing, trading and specialized installation of firefighting equipments as well as the supply of fire safety protection products and services.
2.In 2007, the Group ventured into property development followed by renewable energy and green mill a year later.
3.In 2013, FITTERS entered into a venture with Molecor Tecnologia S.L. and Ricwil (Malaysia) Sdn Bhd to manufacture and distribute state-of-the-art HYPRO PVC-O pipes in Malaysia and South East Asia.

Sentimet:
1.Safety equipment manufacturer Fitters Diversified Bhd has won a construction contract worth RM78.3 million for a residential property project in Rawang.

Fundamental:
revenue +
Net profit +
EPS +

Technical:
weekly below EMA50, below ma200:- -ve
Daily momentum buy supported by ema50 ma20 and ma200
H1 momentum buy to confirm the technical setup

Volume:
No significant volume

entry point 0.245
take profit 0.350
cut loss 0.210

TAYOR

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