FARITEC

[vishal]

Hi guys ,read the article out on this company yesterday afternoon. Looking good as a BUY ,should i invest in this share and for how long?

[vishal]

Come on people,some advice here please? I'm a beginner,did my research,looks like a good buy. Anyone

[topgun]

Hi Vishal. Read my previous comment. FRT certainly seems very undervalued on a forward PE of just over 7x. Acquisition synergies should drive earnings over the next 18 months. Industry fundamentals positive. A more reasonable rating will see it trading at 160 cps over the next 6 to 8 months. See the volumes picking up - volume leads price. I hold +100,000. Enough said.

[Dilligaff2]

See http://www.fin24.co.za/articles/companies/display_article.aspx?Nav=ns&lvl2=comp&ArticleID=1518-24_20... Also favourably rated by Irnest Kaplan...

[vishal]

Thanks Topgun,also thinking of investing a good sum of money in this company. Want to keep risk at a minimum