Some updates on NNWC stocks.
I have written long about some of my preferred NNWC stocks. I have since sold off half Lionfib due to wrong judgement, sold all PMcorp due to value fully reflect. I have recently bought into Abrics as I see some value there.
For quick updates,Abrics has since ex it's dividend payment of RM0.30 yet continue to run up well. It's return is well above 10% in just a few months. We have yet to see management guiding us on new ventures they would go into. For time being I will continue to hold and see their development. They have recently bought their new office in KL sentral area, which is strategic. Who knows few years down the road, value might double in that area.
For Jobst, we have yet to see any light on new development. But I continue to feel confident with management. Last Friday, company announced consolidation of 5 into 1. I think this help to curb speculative action in its stock recently as it always go into top volume traded almost everyday. Thus, if it do goes down, I will feel like having some. More.
For 2015, I have yet to spot any NNWC stock, thus no action so far. Some good reading on Abrics from this website:http://stockresearchasia.com/latest-recommendations.html
http://networkingcapital.blogspot.com/
I have written long about some of my preferred NNWC stocks. I have since sold off half Lionfib due to wrong judgement, sold all PMcorp due to value fully reflect. I have recently bought into Abrics as I see some value there.
For quick updates,Abrics has since ex it's dividend payment of RM0.30 yet continue to run up well. It's return is well above 10% in just a few months. We have yet to see management guiding us on new ventures they would go into. For time being I will continue to hold and see their development. They have recently bought their new office in KL sentral area, which is strategic. Who knows few years down the road, value might double in that area.
For Jobst, we have yet to see any light on new development. But I continue to feel confident with management. Last Friday, company announced consolidation of 5 into 1. I think this help to curb speculative action in its stock recently as it always go into top volume traded almost everyday. Thus, if it do goes down, I will feel like having some. More.
For 2015, I have yet to spot any NNWC stock, thus no action so far. Some good reading on Abrics from this website:http://stockresearchasia.com/latest-recommendations.html
http://networkingcapital.blogspot.com/
