If you are looking for a value stock to invest in this period, there is one staring right at your face and that is China Minzhong (cmz for short)!
While the stock market falls only 10% recently, cmz has without valid reason; plunged to a low of 0.58 from an average price of 1.2!
Thinking that it is a secret sell off by the management or other funds, i held my horses.
Right now, with templeton fund and lin guo rong (CEO of cmz) buying back with huge amounts, it has prompted a reversal ytd and closed at 0.615.
I have bought them at 0.62 and decides to hold it for some time here.. If it would return to 1.20, it equates to almost 100% return! :D
Hope you like this post & can support me by Liking my facebook page - www.facebook.com/kissinvesting....