Not really. Just more undervalued cos. trading as ultrapennies =) The above stock was trading for under net cash of 7c per shr when I spotted it...now it's almost up to its book value...
SAM is still 70% owned by Temasek so small free-float (like abovementioned stock,63% owned by Indo-based APP ) can be pushed up much more than normal stocks....in SG mainly to kill unwitting short-sellers :)
Considering all the worries about how the U.S. might be on the cusp of recession, that is remarkable. The manufacturing index has regularly dropped below 50 even when there wasn’t a recession. It spent the last five months of 2019 below 50, for example, and five months from the end of 2015 through the start of 2016 there as well.
For its part, the ISM says that index readings below 48.7 over a period indicate that gross domestic product is declining. Yet even though the Commerce Department reported last week that GDP contracted again in the second quarter after contracting in the first, the manufacturing index is in growth territory. It is a reflection of what a strange state the economy is in right now, and of the odd juncture that U.S. factories are at
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 256 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11346 views | 9 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
NatsukoMishima
7,645 posts
Posted by NatsukoMishima > 2022-07-29 16:29 | Report Abuse
I think monday gap down open drop 50 sens !