Now wait for correction and good timing to collect at lower price. Hope more people will take profit and make the price drop. I will buy if PE = 10 (based on 4 quarters)
U Might Want To Check on Green Tech Plot as well: _
This is a good collection opportunity as base building. Furthurmore, Green Tech & Energy will be a new theme plays while Rm Strenghthening. - Green Tech Industries : JHM, D&O, Elsoft & Mmsv. - Green Tech Energy : Tek Seng
Above counters are backed by Improving qtr results, M & a from Taiwan Foreign Strategic partners, and Significantly Capex.
With a fully diluted base of almost 400 million shares, only 50% interest in that solar project.....it will be lucky to stay around this price for the next 6 months.
With zero net current assets, now they raise $ 30 million to part finance the expansions that needs $120 million, or half of total of $240 million.......even with 50% borrowings, there still need to find another $ 30 million.
Implementation risks are still high, the Taiwanese control the pricing and all major players in this sector not doing well......not worth it.
I am sure I can find better deals.
Some say there is this quota system that depends on who can bribe who in this industry.
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....
Law81
55 posts
Posted by Law81 > 2016-02-17 10:50 | Report Abuse
Morning Icon, Good for long term :)