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AFT - AFT Corporation

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A contract for the 2008 china games would be a nice 1
AFT....Finally making some moves.... :2twocents
 
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Memorandum of Understanding with AFS South Africa

AFT Corporation Limited and AFS South Africa Sign Memorandum of Understanding

Sydney -- 18 January 2006 -- AFT Corporation Limited today announced it has signed a Memorandum of Understanding (MOU) with Advanced Fastening Systems (AFS) South Africa.

The MOU gives AFS South Africa rights to manufacture and sell products that incorporate the Microgenix Global technology under its own brand.
Sean Dobson of AFS South Africa said, “In South Africa, we recognise the growth of public interest in improving indoor air quality and the risks of potential infection from airborne pathogens.

“Our partnership with AFT Corporation is a great opportunity to fuel this market with a range of high-quality portable and room-based air pathogen control systems.”
According to Jim Palmer, chief executive officer of AFT Corporation Limited, AFS South Africa has agreed to prepare a joint plan with AFT Corporation to pilot and ultimately roll-out the products.

“As an Australian owned and operated company, we are greatly encouraged to see AFS taking our technology into the South African market.

“This partnership is reflective of our global business strategy which sees us tapping into new industries via existing distribution networks, which involves forming partnerships with OEMs and joint ventures,” he said.

The agreement with AFS South Africa also includes an immediate order for Microgenix units, for testing and local certification.

AFS South Africa and subsidiaries, have over 50 years of combined experience in importing, exporting, equipment manufacturing, air conditioning, sales and service. AFS South Africa aims to supply quality products with outstanding after sales service.
 
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Bears have run out of steam

A charge by the bulls eminate
 

kennas

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It's down 5% buda, what are you talking about?
 

kennas

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On volume worth $10K. You must be deep into this one.......
 
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AFT looks cheap at present and has bottomed out. It is also cashed up and looking for AIM listing in 2006.
As always, do your own research before buying.
 

kennas

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How you goin on this great quality stock Buda?

No ramping today??? he he

Down 18% on one trade worth $1500! :eek:
 
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SHOULD I GO SHORT OR SHOULD I GO LONG

Can anyone shed some light on the AFT chart, how low can it go, or have we reached some kind of a reversal stage?
 
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SHORT the sucker. Burning $300k per month with $568k in the bank at the end of August. Do the math.
 
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I hear what you're saying in July 2004 a ejv was formed with the chinese which should be paying AFT $2.12m in 2006...
 
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AFT also displaying a massive MACD divergence to share price could this result in a take off with some good news on the way, U be the judge.
 

CanOz

Home runs feel good, but base hits pay bills!
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Not a lot happening on the volume here to get me interested yet.

Good luck.
 
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Thats what im talking about the stock has decreased in volatility no more seller shorting this sucker cause they know its due for a run...... BEARS ARE OUT OF POWER
 
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AFT up 11% yesterday looks like we have run out of sellers, will AFT go for a run today?
 
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AFT continues to work its strategy for the
office buildings sector; one which is a
natural fit for Microgenix technology. In
particular we have been working with a high
profile financial services company in the
City of London to provide air pathogen
technology to their office facilities. They are
quite satisfied with the efficacy of the
system and we are in final negotiations.

This should put some fire in the belly of AFT
 
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