GSS ENERGY -- waiting for first oil in 2017. Re-rating will be strong when first oil happens. Today up strongly to 9 cents, but that only reflects the precision engineering biz and doesn't yet capture the value of the oil business.
17 Dec 2016 03:50 - 17 Jan 2017 16:59#23462by Joes
Joes replied the topic: Penny stocks on the move
AEM substantial shareholders Tok has been selling. worrying at first but I read that he was ex-chairman who got into trouble. guess he has lititle reason to hold. a bit of overhang there until he sells down to zero.
Given the accelerating growth in sales order-book and positive industry tailwinds; assuming earnings growth of 50% in FY17 and a P/E multiple of 9.6, AEM could potentially be worth S$2.78 (227% upside). Market Cap of AEM will be S$118.6m.
Big Fish replied the topic: Penny stocks on the move
AEM has performed marvellously. Touched 94.5 cents, up from the 70 cents when it appeared on some investors' posts in the forum. I think it can go over $1.00 because the PE ratio is so low still and the orders from Intel are getting bigger. dyodd