a small stock,but Valuable to keep and wait for the remarkable RETURNS in future. Earning company,infact almost every years.....not much,but can manage to retain profits year by year....till now,about 107millions...hopefully is accurate.... 10cents in par,and NTA 25cents from lastest report.Dividend at the range of 1-1.5cents before 25%tax.Is a bit better than banking FD . The market price always around 18-21cents,can easily get around 20cents.....in term of investing,is worthwide....speculate,i don't know,maybe depend on your LUCK!!! One more thing to mention,the Land-banks still holding some valuable lands,Not yet revalue...since 1996..... This is the lastest counter(till 11Feb.2012)i studied and accumulating since last week,around 19.5-21cents....still collecting...... Again to clearify here,Just like to share and Never expect you to follow.....if you interested,trade at your own Risks,and don't ask me why cannot go up in future.......ok! Happy sharing and trading,my dear frens:-)
from the point of timing.....this counter is get ready to run North...how far it can go?....all depend on the market sentiments!Hopefully my prediction will come true....just sharing my opinion,my dear frens:-)
MK Chng: It's a quiet stock which doesn't seem to go anywhere... for now. But as we have seen so often with so many other counters, it doesn't take much to see it go way north.
In my opinion, the downside risk is low. And based on its financial report, it's on a solid-enough footing. If the land banks are revalued, the NTA will go up for sure - probably more than 30 sens per share. If you can wait it out, I have the feeling its time will come. As consolation while you wait, there's the dividend that's better than FD. At 20 sen now, it's not impossible to make 100% profits within the next couple of years.
no sifu here..TP dpends on yur entry px..those collected at avg 0.20/21 ..alrdy up 50% at 0.30 here.. all depends on ur risk appetite.. no shame to take some profit anytime..
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jack_ng
41 posts
Posted by jack_ng > 2011-09-30 16:46 | Report Abuse
at this moment, better stay out from penny stock.