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fortune oil (FTO)     

gardyne - 08 Jul 2003 21:41

profits ahead of last years.the company has 80% interest in a joint venture with china national petroleum corp(cnpc).market makers bought a lot of stock on friday followed by big buys on monday.profit taking on tues am then buyers back in pm.any views?

explosive - 24 Feb 2006 20:28 - 448 of 451

Now Fortune has an influential say in operations it can begin to drive itself forward.

"In 2004, the net profit for the West Zhuhai terminal was #2.2 million while Fu Duo had a net profit of #75,000. The combined gross assets of South China Terminals
Ltd and Zhanjiang Fu Duo Gas Company at end December 2004 was #7.8 million."

Fortune now has potential to match these profits which should see share intrest and a broker mark up.

moneyman - 24 Feb 2006 20:42 - 449 of 451

An oil stock with growth potential...yum yum

explosive - 24 Feb 2006 21:00 - 450 of 451

Lets not forget China has 10% economic organic annual growth according to the likes of Bloomberg. I see the sp on a one way street.

PapalPower - 25 Feb 2006 02:03 - 451 of 451

New thread made up, for a new start with FTO

Click on the link below :

http://www.moneyam.com/InvestorsRoom/posts.php?tid=9557#lastread
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