Shares & Derivatives
King Wan – My CNAV Analysis (Take 2)
By Invest Openly  •  June 6, 2015
About a year ago, I vested in King Wan (554) and did a CNAV Analysis (after attending the Value Investing Mastery Course by BigFatPurse), click here for my earlier post. Today, I am doing a Take 2 on King Wan's latest CNAV Analysis to review what has changed after one year. In fact, it is due to the following event lar:
  1. King Wan's dropped a whopping 12.5% on Tuesday (2nd June 2015)
  2. As recommended by one of the pioneer peer financial blogger (Createwalth8888)
The Key Quantitative Indicators of CNAV Strategy (2015 - Basing on the latest Financial Report released on 29th May 2015): Net Asset Value (NAV)                             = $0.2811 Conservative Net Asset Value (CNAV2)  = $0.14 Current Price                                              = $0.28 Discount For CNAV2                                = -98% Conclusion : Since it is a negative "Discount for CNAV2", it means that the stock is traded ......
Read the full article
By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance