The hidden value of this company are the various JV agreements that it has.
This company has signed up a lot of valuable and favourable JV agreements in the past few years. Hence, it should be a good target for take over if its share price remains so low when the property market starts to recover.
Some material announcement expected soon. That's why the stock soared. As mentioned previously, once it hits 0.45, the next level will be 0.50 and above. PER at 20 is reasonable for this counter. The PA will also rise according to the main share pricing. Hold on, the horse is starting to gallop!
gelong, u r right la ....no time to think anymore.. just hamtam 2017, OCR hit 70 sen ..can it do it retest ??? In 2017 market volume was max 3b , nowadays can easily go to 10b.. In such a bullish scenario, imho, OCR at 70 sen is highly possible..... go go ...go
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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....
Lich
412 posts
Posted by Lich > 2020-06-16 15:31 | Report Abuse
and the volume is crazy today....something is imminent indeed.