It's indeed in oversold territory. I'm waiting reversal sign to go in. Oversold can be even oversold. I don't want to be trapped in sinking ship until it shows some good sign
For those interested.. current price 1.03 is below its NTA High 1.75 , now 1.03 ...seriously cheap Earnings should be accounted for coming Q Boss is a genuine businessman Yongtai is low gearing /not much borrowing, this is why I buy Yongtai has strong brand, reputation good, n frm what i see this is a jewel for their work is excellence,one of its kind property co that is unique Im not promoting this counter, am merely a investor .really a good chance to buy
Current market cap only 0.5b but after all the pa conversion it will become 0.7b plus, with about 70m pat, forecast pe around 10. Not so great but on long term it really depends on the encore return...
mother share and warrant wa both up but PA left behind. it is quite strange. if all 3 of them up concurrently then i will be more confident with this rebound.
Towards to the closing still can maintain the momentum. It's a good sign. PA might follow thu tomorrow. I think both 3 might continue the trend provided broad market still positive.
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....
iqtech
8 posts
Posted by iqtech > 2018-08-07 12:01 | Report Abuse
1 YONGTAI PA = 1 YONGTAI , no extra cost
that's why yongtai price drop due to the announcement
But, guys don't u think is overly sold ..haha