Vicplas International

Price at the time of post on 23 Jan 2020 - 9.1 cents.
Today's close - 59.0 cents. Up 6.5 X. Its a multi-bagger!
Hope you have not missed it.

Another 2 companies which I am heavily vested are:

1. Lippo Mall Tr. - LMIRT
2. Kimly Limited

I am quite confident that these 2 companies will do well in the future.

Just sharing - dyodd

josephyeo wrote: Price at the time of post on 23 Jan 2020 - 9.1 cents.
Today's close - 59.0 cents. Up 6.5 X. Its a multi-bagger!
Hope you have not missed it.

The following is the reply from Vicplas. Basically, the company does not know the reason for the surge in share price.

links.sgx.com/1.0.0/corporate-announceme...%20sgx%20queries.pdf

At last close price of 59 cts,

Price $0.5900
Price to Book 4.9213
Price to NTA 5.0220
Average Dividend $0.075
Yield 1.27%
EPS $0.0092
PE 64X (extrapolate from 1H2020)

Even the 2HFY2020 is exceptionally good, i.e. 3x better than 1H, the PE will be 32X.

Furthermore, base on the disclosure by Ng Cher Yan (Non-Executive director), there are activities borrowing vicplas shares.

links.sgx.com/1.0.0/corporate-announceme...8.20_eFORM1V2_CY.pdf

Current price of vicplas is too high base on fundamental data above!!

Not vested.

Just for info.
I have sold off my Vicplas at 38.5 cents on cost of 9.1 cents.
Up 4 times.
Have moved my money over to Apac Realty n SingMedical. Currently, Kimly is my single biggest holding.