Industry: Industrial Products Company website: http://www.favellefavco.com/
Favelle Favco Berhad, through its subsidiaries, engages in the design, manufacture, supply, service, trading, and rental of industrial cranes. Its products include tower cranes, such as hammerhead cranes and luffing cranes; offshore cranes, including rope luffing and ram luffing cranes; crawler cranes comprising telescopic booms and lattice booms; and wharf cranes consisting of level luffing bulk handling cranes. The company offers its products under Favelle Favco and Kroll brand names. It also sells spare parts for cranes. In addition, Favelle Favco Berhad provides crane maintenance, after sales, and support services. The company was founded in 1923 and is headquartered in Klang, Malaysia. Favelle Favco Berhad is a subsidiary of Muhibbah Engineering (M) Bhd.
FAVCO from the chart it look nice, if it able to break the high of 1.85 I predict it next majar resistance will be at around 2.20 near it all time high of Rm2.39 which was happen at 13/7/2007. FAVCO with a good earning of 11c and have NTA of RM1.45 par value of 50c
Sunday, September 30, 2012
