This is an another money maker -trading in high volumes -not yet started the race -But once moving ahead there is no chance of picking up this tiddler.Join together to enjoy the instant wealth

Check fortune out, big sells yesterday, price stays solid.

500k sell today and price rises to 3.5 / 3.75 .

Any ideas why this is happening, do the MM's want your stock badly ?

Fortune continuing its upward trend today, plenty of buys and price now 3.7 / 3.9.

4p before the years out, I would say definitly, but DYOR.........

As predicted Fortune has done it and ended the day on 4 / 4.25 !

This has got to be one of the hot stocks for 2004 with all the interest in the
Chinese market at the minute.

DYOR

tikka69,

Well the chart looks fairly positive!



Actually I still have some FTO bought several years ago at 8p and 12p!

They have been in the bottom of the drawer (as a long term hold!)but they are now starting to have some value again, and I feel I may even move into profit eventaully!

I have always felt they were the right share for some exposure to the growing Chinese economy, and although I held because FTO had virtualy become worthless, i'm pleased i did.

I don't have any plans to sell them.

All buys again this morning just about 595k buys vs. 1 10k sell.

Spread at the minute is 3.85 / 4.25, but I reckon the bid will be back to 4 shortly if the buys carry on..........

DYOR

As I said earlier, price now 4 / 4.5, with the buying still going on, this is going to be one hot stock for 2004, take my word........

All buys this morning now, price has ticked up to 4.25 / 4.5, get in before its too late !! DYOR

Dammit, I knew I should have got in earlier....

I got in after a tip from a friend. They said it would move and it has done. Keep going up FTO.

goss,

has he got any other tips?

I have a holding in FTO from years ago, languishing in the bottom of a drawer, and I had really given up on them.

Now they are a decently modest sized holding!

And I have a feeling they will continue to grow further, someone appears to be accumulating FTO for this sort of rise.

here's the latest chart.

And up she goes again!

This is starting to become interesting!

Andy,

The only other stock that I have brought havily is ML Laboratories plc (MLB), which was some 6 months ago when they were around 18.00. They are still looking good at 31.00. Broker advised that these are still undervalued. Should hit peck in 2005. Good stock to buy and hold for a couple of years.

Any tips yourself Andy.

this was great news today about fortune oil , lets hope this is the start of something BIG???????????????????????

goss,

Avocet Mining, and Oxus Gold are two of my favourites, as they are being boosted by the high price of gold. I have a fairly large holding (for me) in both.

ML Labs have been mentioned on other BB's, and there does seem to be a recovery going on there. I will keep an aye on them.

Happy New Year to all on this thread!

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Theres a very nice Inverse Head and Shoulders taking place!... we have almost completed the "UPSIDE DOWN" head and are now traveling upwards towards the shoulder, it also shows almost two complete 5 year cycles since 1994!!
regards John C


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Guangdong tests confirm new SARS strain!
Scientists confirm a new variant of the SARS coronavirus may have infected the suspected SARS patient in Guangdong Province.
However, Scientists have traced the sauce of the virus to a wild animal called the Masked Civet which is widely eaten in China... (Many of those who contracted the virus were cooks).....
A ban has now been placed on the all human contact with the wild animal and anyone selling it will be punished said CCTV today!

This looks to be good news on bad, in that they have finally traced the sauce of the infection.

Regards John
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Blimin-heck we are going to clear 5p today at this rate!!
This is looking very good... as yesterdays loses have almost been recovered already!! and its not even one hour into the trading session yet!!
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China today (6th Jan) ordered the slaughter if the Civet Cat in order to eradicate the source of the SARS virus... (Bloomberg TV)
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3rd Case of SARS but analysts remain optomistic!!
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Chinese experts have confirmed that a 35-year-old man is a suspected SARS case and are waiting for Beijing to make a formal announcement, a top Guangdong health official said on Friday 9th Jan 2004.
Local experts concluded the man was a suspected SARS case.

The officials said they did not know the man's occupation, and there were no clues as to how he may have contracted the virus that causes the pneumonia-like Severe Acute Respiratory Syndrome.

"At this point, there's no evidence that it's related to his work environment or contact with animals," Xiao said.

Bloomberg TV.... 11th Jan 2004
Most Financial Analysts remain optimistic that China will be the main growth investment area in the world over the next decade..

Regards John
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