Shares & Derivatives
Bought Nam Cheong Again
By Financial Freedom  •  April 15, 2013
I previously did a trade on Nam Cheong and made some small gains.  Lately, I have entered into another position into Nam Cheong since I think that the stock has potentially more upside.  My entry price is at $0.25.  Nam Cheong has also announced dividends of $0.005 per share.  OCBC has a fair value estimate of $0.30 for this stock but I think I will probably sell it if it rises by 10%.  That sets my own rget price of Nam Cheong at around $0.275 to $0.28. Vested interest.  Please do your own due diligence.
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By Financial Freedom
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