Special Situation stocks

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27 Mar 2017 15:02 - 27 Mar 2017 15:03 #23702 by Mel
Replied by Mel on 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 Mel.

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10 Jun 2017 19:30 - 23 Aug 2017 09:37 #23861 by yeng
Replied by yeng on 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 2.6%. The unknown is how long will it take to achieve it.

For example, if the offer is confirmed and paid out in 3 months' time, the yield is a whopping 10.4% annualised.
Last edit: 23 Aug 2017 09:37 by yeng.

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23 Jun 2017 10:36 #23871 by yeng
Replied by yeng on 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>

www.reuters.com/article/china-cbrc-probe-idUSL3N1JJ3CP

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30 Jun 2017 09:38 #23879 by pine
Replied by pine on topic Special Situation stocks
NAV of HG Metal about $111 m.
Now trading at market cap of about $61 m based on share price of 48 cents. .

Big discount to NAV, even after a 55% upward move in the year to date.!

No wonder fund manager had a lot to say: www.nextinsight.net/story-archive-mainme...r-from-quarz-capital

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07 Jul 2017 17:03 #23885 by pine
Replied by pine on topic Special Situation stocks
HG Metal finally has a breakthrough after my post 7 days ago!
52 cents now!

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11 Jul 2017 20:55 #23892 by Big Fish
Replied by Big Fish on topic Special Situation stocks
LEY CHOON -- what a superb run for those who exercised its rights.

Went ex on 14 April. Exercise price 1.5 cents.
Today, share price is 5.1 cents. Gain of 240%!

I am wary though of its high debt level even after paring it down with rights $.

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Share Prices

Counter NameLastChange
AEM Holdings2.1300.050
AusGroup0.044-0.001
Avi-Tech Electronics0.4150.005
Best World Int.1.360-
CEI0.980-
China Sunsine0.520-
CNMC GoldMine0.270-0.005
CSE Global0.560-
Eagle HTrust USD0.535-
Food Empire0.6950.015
Golden Energy0.180-0.001
GSS Energy0.095-0.002
ISDN Holdings0.2250.005
ISOTeam0.235-
JB Foods0.6400.005
KSH Holdings0.425-0.005
Miyoshi0.032-
Moya Asia0.078-
Nordic Group0.315-0.005
Oxley Holdings0.370-
Procurri0.3350.005
REX International0.188-0.003
Riverstone1.0100.025
Roxy-Pacific0.375-
Sing Holdings0.400-
SingMedical0.315-
Straco Corp.0.650-0.005
Sunningdale Tech1.300-0.020
Sunpower Group0.605-0.005
The Trendlines0.1150.007
Tiong Seng0.200-
Uni-Asia Group0.730-
Yangzijiang Shipbldg1.090-0.010

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