On 10 Jan 2017, this stock closed at $0.70 before starting its another rally to reach $0.78 on 27 Jan 2017, the trading day on Chinese New Year eve, in the process effecting a good 11.42% rally. I used the word “another” as this stock has been rallying all along from $0.315 in November 2015 to the current price. This stock has its stock price multiplied by almost 250%, earning its well-deserved “multi-bagger” status among Singapore stocks.
This stock is none the less Jumbo Group stock, a stock which has kept defying gravity and exceeding stock analysts’ expectations and when some investors wondered whether the gravity-defying feat of the stock would come to a halt, the Group’s expansion plans into Vietnam as well as the continual increasing of stake by a substantial shareholder continues to make this stock appealing to investors.
We have a saying that ......