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sarap ng magnum

panalo ang RFM Cool
sayang ndi ako nakasakay dito
Posted on April 23, 2012 10:47:15 PM

Fruit farmer Dole partners with RFM

FRUIT FARMER Dole Philippines, Inc. has appointed RFM Corp. as the authorized distributor of Dole products to key buyers in a bid to streamline distribution operations.

http://www.bworldonline.com/content.php?...M&id=50473
RFM looks like it is ready for another surge....but one thing bothers me....the increasing volumes during the consolidation over the past 3 days....please comment , friends.....just a newbie practicing on the indicators

[Image: rfmb.jpg]
(04-29-2012, 10:09 PM)jmf Wrote: [ -> ]RFM looks like it is ready for another surge....but one thing bothers me....the increasing volumes during the consolidation over the past 3 days....please comment , friends.....just a newbie practicing on the indicators

yes, your basis for anxiety rests on strong ground. i am of the opinion that rfm is going down further.
(04-29-2012, 10:26 PM)higgs boson Wrote: [ -> ]
(04-29-2012, 10:09 PM)jmf Wrote: [ -> ]RFM looks like it is ready for another surge....but one thing bothers me....the increasing volumes during the consolidation over the past 3 days....please comment , friends.....just a newbie practicing on the indicators

yes, your basis for anxiety rests on strong ground. i am of the opinion that rfm is going down further.

wow, thank you very much for your comment higgs boson...Smile
The huge volume during the third day of correction indicates heavy accumulation that time. This was validated last Friday when RFM started to surge upward on high volume. High probability that RFM will continue on moving upward this week. Lets see what will happen this week.
(04-29-2012, 10:46 PM)epgarias Wrote: [ -> ]The huge volume during the third day of correction indicates heavy accumulation that time. This was validated last Friday when RFM started to surge upward on high volume. High probability that RFM will continue on moving upward this week. Lets see what will happen this week.

thanks again as usual sir epg.. you are a great help!
Buy while correcting. This stock has a long way to go.
Gains reported

RFM Corp. hiked profits by 30.17% to P130.3 million in the first quarter from year-ago levels, a statement released yesterday showed. “Its income gathered momentum this year given the higher sales revenues and easing of commodity cost inputs such as milk and sugar that started in the second half of last year. Rationalization of production processes and focus on higher-margin products helped improve the profit picture for the company,” the company stated.

http://www.bworldonline.com/content.php?...s&id=50893
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