127 replies to this topic

[AbDuLmAtEeNkHaN]

Well said ... Farrukh bhai .....

wesay Irfan Khan bhai i also have 5000 FEM @12 so waiting InsshAllah results days main .. 14-13 honay kay chances hian lakeen dekhna yeh hay kes bhiyanak ... market behavior main where it stops wahan say 6-7rs dal sekty hian ... so keep an eye don’t avg now and don’t buy more jo hay us ko nikal dina .. bass baki as farrukh bhai said .. aur bhi bhot hian .. jahan main

[Irfan Khan]

AbDuLmAtEeNkHaN, on Jun 8 2006, 02:37 PM, said:

Well said ... Farrukh bhai .....

wesay Irfan Khan bhai i also have 5000 FEM @12 so waiting InsshAllah results days main .. 14-13 honay kay chances hian lakeen dekhna yeh hay kes bhiyanak ... market behavior main where it stops wahan say 6-7rs dal sekty hian ... so keep an eye don’t avg now and don’t buy more jo hay us ko nikal dina .. bass baki as farrukh bhai said .. aur bhi bhot hian .. jahan main

mateen Bhai and farrukh bhai Thanks a lot. I will keep note of it.

[Irfan Khan]

Irfan Khan, on Jun 9 2006, 08:23 AM, said:

mateen Bhai and farrukh bhai Thanks a lot. I will keep note of it.

Dear Brothers website of FEM is off it is a similar case as happened last year when for first three quarters they have shown EPS of above Rs 3/- but then suddenly there website was removed from the net and no information was avaiable and then they had shown loss of Rs 0.5 in teh final results. Same story is being repeated this year. It looks some manuplation by FEM people. Can we launch some complaint to SECP to probein and find out the facts.Your comments please.

[Irfan Khan]

When is the BM of FEM? any news, it had shown over Rs 2.5/- earning in last three qtrs. What is current status?

[LEO]

Farrukh, on Jun 8 2006, 11:26 AM, said:

Bhai buzurg kehtai hain k Stay away from Modarbas.

Itna kuch biknai k liye para hai to phir modarbai he kyon kharidain.

Buzurgon sai suna hai k jo modarbai unhon nai 100 80 or 60 k liye thai 2 rupai main bhi inko koi khareednai ko tayyar nahin tha.

I didn't mean to heart you but its truth about modarbas.

First Equity Modaraba (FEM) is managed by Premier Financial Services (Private) Limited, derives its board from the Crescent Group, with direct involvement in more than twenty business sectors. This cross-sectoral expertise, enhanced by other linkages, is an invaluable base for informed decision making. FEM's professional management draws on this unique resource to make optimal use of its charter to undertake trading, manufacturing and capital market operations, their financing and facilitation.

Islamic Finance and facilitation
First Equity Modaraba was floated in end 1991 as a multipurpose and perpetual closed-end fund. FEM can undertake variety of fund and fee based activities including Morabaha, Musharika, trading, manufacturing, equity investment, fee and commission and other activities not against the injunction of Islam.

Islamic Brokerage
First Equity Modaraba (FEM) is the first in the Modarabas operating in Pakistan who acquired the membership of all the three stock exchanges of Pakistan to undertake the brokerage business.
On August 21, 2002, the Securities and Exchange Commision of Pakistan (SECP) has granted the license to FEM to carry out stock exchange transactions. Thereafter, from September 2002 FEM commenced full-fledged brokerage operation from the Karachi Stock Exchange.
During this period FEM developed a good clientele of corporate and individual clients.

Source:website:http://www.firstequitymodaraba.com.pk/

[LEO]

Today's total volume for FEM is 3,034,000 which is remarkably high for this script. Is some buy-out cooking for FEM?? Does anybody have any clue what's going on ???