2nd Chance is one of those stocks I used to own in the past because of the steady dividends they pay but have since divested them at around $0.455. They have given me quite a good appreciation and dividends over the past couple of years, so I must say it's definitely good investment return for me.
Over the past few weeks, the share price has been trending down fiercely and today it makes its way down to a low of $0.38, pretty fierce if you ask me. Now, the big question is if the current price of $0.38 justifies an opportunity to buy?
I am probably not going to run through all the details about the company but just wanted to highlight on a few things to note:
1.) Failed execution of spinning properties into Reits
This is probably the biggest reason why the share price have ......