Special Situation stocks

27 Mar 2017 15:02 - 27 Mar 2017 15:03 #23702 by jeremyp
jeremyp replied the topic: Special Situation stocks
Sharejunction has lots of chat on Alliance Mineral Assets.
--> www.sharejunction.com/sharejunction/list...esources%20move%20up

There's one guy, risktaker, who is very knowledgeable about this counter. According to him/her, 50 cents is still cheap at PE of 6.

risktaker ( Date: 27-Mar-2017 14:01) Posted:

thats why some people donno about valuation hehe 50c is still 250million only... and with low estimated profit of 40million... PE only 6

It is way too cheap now stock is just climbing back to fair value people still dont understand...

At least some of you like turtle on the same page with me :)
Last Edit: 27 Mar 2017 15:03 by jeremyp.

Please Log in to join the conversation.

10 Jun 2017 19:30 #23861 by yeng
yeng replied the topic: Special Situation stocks
CWT offers a very high yield if a takeover offer at $2.33 is confirmed. The offer was made in April 2017 but, as usual, is subject to a no. of conditions precedent.

CWT now trades at about $2.27. If the offer of $2.33 is confirmed, there is an upside of 7%. The unknown is how long will it take to achieve it.

For example, if the offer is confirmed and paid out in 6 months' time, the yield is a whopping 14% annunalised.

Please Log in to join the conversation.

23 Jun 2017 10:36 #23871 by yeng
yeng replied the topic: Special Situation stocks
CWT has weakened to $2.17 becos of news that its potential acquirer, HNA, is among big companies whose offshore loans are being looked into>


Please Log in to join the conversation.

Share Prices

Counter NameLastChange
$ Alliance Mineral0.3250.005
Best World1.4400.010
China Sunsine0.7800.010
CWG Intl0.157-
Federal Int0.410-
Food Empire0.6650.020
Geo Energy Res0.2550.010
Golden Energy0.400-
$ GSS Energy0.1680.006
$ ISOTeam0.350-
Lian Beng0.610-
$ Miyoshi0.0670.003
$ Rex Intl0.0460.001
Sunningdale Tech1.7800.070
Serial System0.181-
Sino Grandness0.250-
Tiong Seng0.280-
$ Trendlines0.148-
Uni-Asia Grp1.430-
Yamada Green Res0.470-
YZJ Shipbldg SGD1.2050.010
Powered by JoomlaGadgets

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 687 guests and no members online