Rollercoaster ride for Leader’s shareholders. What’s next? 29 Jul 11
Leader’s Environment (“Leader”) shares have plummeted 45% from an intraday high of $0.230 on 1 Jul to an intraday low of $0.127 on 19 Jul. It subsequently rallied 57% to an intraday high of $0.20 on 27 Jul.
Before this roller coaster ride, I believe most retail investors have not heard of Leader. This is because firstly the company is an S chip with a market capitalization of only SGD94m. It does not have an Investor Relation Firm and does not publish any company contacts for shareholders and potential shareholders. Currently, Leader is only covered by one analyst from DMG.
However, what piques my interest in this company is the industry that it is in. Companies such as Leader which provides environmental protection solutions seem to be in a sweet spot, especially as China aims to ...
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