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CEFC Intl – to be removed from the SGX Watch List on 7 August 2013
By Kevin Scully-Financial Blog  •  August 7, 2013
CEFC Intl - to be removed from the SGX Watch List on 7 August 2013 Wednesday, 7 August, 2013  6:24 AM
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.


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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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