Thursday, February 25, 2010

FimaCorp (Stock Code:3107)

Right on the heels of Plenitude is FimaCorp which announces excellent 3Q result. For the 3 months ended 31.12.2009, EPS jump to 25.06 sens while revenue goes up to 75,497. This compares well to 54,801 in the preceding year's corresponding period.
FimaCorp is in the business of trading and producing security and financial documents. It has income from rental and management of commercial properties. It is also in oil palm production and processing. It has 6,374 hectares of oil palm in Indonesia of which 5,656 hectares are matured.
The financial position of this small cap stock is extremely strong. Cash and bank balances at 87,691 has jumped 272.58% from a year ago. For a more understanding of this company, you can read it at Google Finance.
As usual, buy, sell or hold at your own risk. Good luck.