I was just reading Allgreen's 2010 Annual Report and I must say that I like the numbers:
EPS: 14.23c which means a PER of just 7.65x at today's closing price of $1.09 per share.
NTA per share: $1.62 which means it is currently trading at almost 33% discount to NTA.
Gearing (Net debt to equity): 0.18x (which I believe is very conservative).
Dividend per share: 5c (XD 5 May 2011) or a yield of 4.59% at today's price.
Technically, the counter could experience some near term weakness as recent attempt to move higher was half-hearted on lackluster volume. The descending 100dMA is still the resistance to watch and that is currently at $1.12. Volume has been increasing as price retreated. OBV has turned down rather sharply, a clear sign of distribution.
Connecting the lows of 24 Feb and 15 Mar would give us ......