Posted by Kevin Scully
CEFC Intl announced yesterday that it will be removed from the SGX Watch List on 7 August 2013.
I have been keeping an eye on this stock since the beginning of 2013 but have decided not to highlight nor recommend it until it officially gets off the Watch List even though based on its FY2012 results and its market capitalisation it was qualified for removal.
Its not my traditional value stock recommendation but an interesting concept play. Watch out for my initial write-up on the company.