Innovalues, a precision manufacturing company, being acquired. Offer announced today. Positive sentiment lifting GSS Energy, whose precision engg business, is raking in about S$7 m profit a year. GSS +0.5 cents ==> 8.5 cents.
it is a stock you love to hate. Asia Enterprise is now at 18.9 cents, market cap about $65M. It has $68m cash & zero debt. And it has net assets of about 10m.
To tempt you further, it pays dividends without fail. But it's choppy in that the amount goes up & down. The trailing yield is 2.65%.