smrt and smrt wa looking great. positive turnaround and increase in student intakes last 2 qtr. best time to go in for warrant now as mother share is deem undervalued. minimum 100% return on warrant at current price. easily achievable.
expected it to be better, but still i believe it will be dragged a little by aegb q3 report. Nonetheless, aegb's 4th qtr shud be much better and coupled with smrt expected improving figures, the price movement should be quite positive all the way till March'17.
wait for the final q report. at least can see the results for the final intakes for their education sector. furthermore, they are still in the process of getting private placement. first tranche done, prior to that the price increased. Perhaps the second round will too. just a guess
AFTER finding a shelter at the 4½-year low of 16 sen on July 4, SMRT Holdings see-sawed within a narrow range in an attempt to build a base for recovery. Technically, the stochastic and the 14-day relative strength index are on the uptrend. Combined with the latest buy signal on the moving average convergence/divergence histogram, they suggest a steadier trend ahead. To the upside, prices are anticipated to encounter significant resistance at the 23.5-sen barrier. A decisive breakout of this level, followed by a successful pentration of the upper 26-sen hurdle will see the fate of this counter turning brighter. The recent ebb of 16 sen will now act as an important floor.
Smart move by SMRT. Assigns a higher value to their existing college assets, and injects it into AEGB. Merge their college/university facilities & rebrand (Finally remove the tarnished MEGB/AEGB name). Private placement to raise 42m to pare down borrowings. Bring their NA up from 24 sen to 102 sen. AEGB minority shareholders will have to grin & accept it, because the alternative is continued losses / closure.
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Posted by CUTLOST > 2016-11-12 07:38 | Report Abuse
Up up..50cts