In the previous post , I have talked about Singapore Edevelopment stock, in fact, that post was not the only post which I gave my opinion as to whether Singapore Edevelopment stock could be the next IT stock of Singapore to look out for, beside Trek 2000 International stock (you can read another of the posts here ).
To give readers a background, Singapore Edevelopment was formerly called CCM, a property company. Since Chan Heng Fai joined and became CEO of Singapore Edevelopment, he has given another focus to the company: IT (you can read more about Mr Chan, a former US banker known to many in the investing arena for his “white knight’ experience in another of my posts here.
Since the consolidation of 100 shares to 1 to begin with a post-consolidation price of $0.12, Singapore Edevelopment stock closed at $0.081 on 17 Nov 2014 and ......