Shares & Derivatives
New Counter: Valuetronics
By 10% Per Annum  •  April 18, 2017
Given that Keong Hong's share price has taken off, I have been spending my time looking at other potential counters to invest money earned from my sale of Keppel T&T's stock. Happy to announce a new purchase this month. Here are some of my considerations - Equity: Valuetronics (SGX: BN2) Business: Electronic Equipments Markets exposed: America, Europe, Asia Pacific Stock exchange: SGX Purchase price: 0.765 Purchase month: April 10% per annum thesis:  Valuetronics is a turnaround that is now poised to be a fast grower. I also consider them undervalued as an asset play. Introduction: Valuetronics' profits have been stalling over the past 3 years due to their gradual phasing out of their previously core LED light bulb business. The LED light bulb business was suffering from increased competition and strong margin pressures. Now that they have completed dropping their LED light bulb segment, they are poised to grow ......
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By 10% Per Annum
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