Shares & Derivatives
[Paywall] Sunningdale Tech share price to smash $2.50?
By SG Wealth Builder  •  October 13, 2020
Is it light at end of tunnel for Sunningdale Tech? FY2019 had been an absolute nightmare for the Group as the precision plastic component supplier recorded its lowest profit in the past 5 years. However, based on the recent financial performance, it appears to me that the management has achieved an impressive turnaround. Will Sunningdale Tech share price storm to $2.50? Talks of Sunningdale Tech reclaiming its former glory are not without basis as several catalysts swing in favour of Sunningdale Tech share price. Based on the recent 1HFY2020 result, net asset value (NAV) stood at $2.00. This means that Sunningdale Tech share price is being traded below its book value. Secondly, Quarz Capital had increased its stake to become a substantial shareholder. This is definitely an intriguing development for Sunningdale Tech as Quarz Capital is known for being a activist fund which unlocked value for shareholders...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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