This property counter had suffer the most with most counters already hit almost rock bottom.
Time to snap up some & hold for a little longer & see your money grows. Brother Tan Kian Wei, I pick E&O which incidentally had already hit rock bottom & the TP is between $1.90 to $2.20....still got a profit margin to go as E&O lingers around $1.39++
Also there is a court case going on between minority shareholders group against SIME to ask SIME to make compulsory GO at $2.30 per share...this you got a strong case against SIME...good luck too.
Mitrajaya is one construction company worthy of considering. Its dividend yield measured on five years annualized basis ranked the highest among its peers. At the moment the share price is low and another 5 sen dividend is coming.
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Posted by Kim Yap Lau > 2012-05-01 23:31 | Report Abuse
Agree...