THE EUROZONE crisis is far from being hammered into submission, no thanks to the divisive politics there. The US economy, however, is looking up. So is the US stock market.
Let's imagine: If you received a hongbao for $50,000 today, what stock(s) would you buy? Let's go one step further: Imagine that it's a riskless bet: If the stock goes down, you don't suffer any loss.
So, you have all the upside to keep but nothing to lose on the downside. In this fantasy land, what stocks would you buy?
Why this mental game? The key thing is it enables us to overcome our risk aversion and focus on hunting for bashed-down stocks that have sound fundamentals and a good story in terms of its potential for capital appreciation. Game? Share your stock picks below......
Comments
1.nav 11.3, current price 5.5
2.forward pe 3(estm)
3.absolute low price.
4.major shareholder been buying at 6cts
5.certainty of exit from watch list barring
unforseen circumstances.
6.current shareholder very positive about
result for year end dec 2011 result.
7.clearly a turn around company
8. its back-up by 5cts cash per share.
Cash/share might be higher than current share price...please check, I think around there...
Rental from retail will not be affected much compared to residential in china...
reasons 1) current pe 4.3 forward pe 3.1
2) nta 22.16
3) dividend yield 14.5
4) a singapore based company
5) cash backing per share 8cts
6) 52 weeks high 22cts, low 10cts,
therefore low risk
7) company been around since 2003
btw, Jasper is still making losses :sad:....but I think losses narrowing. Also, Morton Bay's loan to Jasper is re-paid by issuing of shares back to Morton Bay at about 10 cents per share. So at 6 cents, I think this stock is worth a try.
Jasper, formally econ international, is just for fun cos is cheap. 6 cents. Major shareholder is Morton Bay (holding) Pte Ltd, holds about 85%. Recently, place out to 15m shares to hygrove investment at 9.6 cents. Price now is abt 37% lower than what hygrove has paid for, so why not?
As for United Env, I believe market in China for water treatment is still in the infant stage, should have high potential unless....scand als again. There are also quite a number of articles in nextinsight featuring this company.
flaw of the question as fantasy of nil downside isn't going to exist. with such assumptions, no point looking for undervaluation or technical/funda mental analysis
// thevaluethought .wordpress.com
Other guess: Jasper and United Env
Why?
1) I am a lousy stock picker.
2) I believe in Singapore.
Disclaimer: I vested interest since I am a Singaporean
1) Wing Tai, NAV @ $2.49, price is $0.96 huge discount. Pays annual 3 cents dividend with special dividend from 1 to 4 cents. i.e(4% to 7.3%). I look favourably at its Retail sector with brand names like Adidas, Top Shop, Top Man, G2000, Uniqlo, Dorothy Perkins etc. With tourists and population set to grow, Shoppers will set to increase.