Shares & Derivatives
Will this stock finally head north after bottoming out?
By Singapore Stocks Investing (SSI)  •  September 8, 2015
Mainboard-listed Global Yellow Pages stock is trading below twenty cents per share at $0.199 even though the company has performed a share consolidation exercise. Investors are probably not impressed at the company’s writedown of “impairment charges related to trademarks” and have sold off the stock. At the current share price, I would think Global Yellow Pages stock is probably oversold as the stock despite its penny stock price still has fundamentals to boast about: Global Yellow Pages has decent earnings from its directories businesses, Wendy’s business, 20% stake in Yamada Green Resources and river taxi business. The company has also set its ambitions on foreign property investment in New Zealand and it is note worthy to note that after the company announced its plan in New Zealand property investment, GIC has also announced similar move of investing in New Zealand. So will Global Yellow Pages stock head north after ......
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By Singapore Stocks Investing (SSI)
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