CHINA FIBRETECH- NET CASH .NAV : 22c . Cash : RMB 437million

big sellers are being cleared

this gem going to rocket or best can privatise at 20c

shareholders all happy

the crowded selling at 31 and 32 all cleared. above it are all small sellers...very good sign for next week

i oso hope someone offer 20c to privatise it.

in the STRAITS TIMES today , the MONEY section hightlighted pennies that had taken a hit and felled due to the saga of blumont , liongold and asiasons ... impacting sentiments on these pennies .

It is recommended that it is worth looking at penny stocks that are fundamentally sound and many stocks are showing very interesting valuation now compared to few weeks ago .
Quoting that " THE FUNDAMENTALS HAVEN'T CHANGED BUT VALUATION HAD " ......

It does seem severely undervalued. I will queue for this.