Those who follow my call early in the year has already made more than 25% !!
Going forward, to make another 25% will be hard... BUT it is not impossible.
Remember, this stock is not covered by CIMB, KIM ENG, DMG, AMFRASER, PHILLIP yet
AND most importantly, the ang mo houses have not yet looked at this stock.
If the ang mo houses like JP MORGAN, CITI, BoA, BNP, NOMURA, MORGAN STANLEY, CLSA, CREDIT SUISSE initiates report, the VALUATION will be re-rated and the share price will surge to SGD 1.00
HAVE FAITH !!
The Board of Directors wishes to announce that the name of the Company has been changed to “World Precision Machinery Limited” with effect from 28 April 2011.
--- today closed down 2 cents at 66 cents in line with broad market correction.
A blue-chip S-share in the making – this clever description was made by UOB Kay Hian when it initiated coverage of Bright World Precision Machinery. [url=http://www.nextinsight.net
/story-archive-mainmenu-60/912-2011/3800-bright-world-broadway-telechoice-what-analysts-now-say]BRIGHT WORLD, BROADWAY, TELECHOICE: What analysts now say.....[/url]
Even after xd (dividend was 2.3 cents) the stock is firm. Adding the dividend, the current 69 cents stock price for long term holders who got in earlier , would be 69 + 2.3 cents = 71.3