BAKER TECH - $140 MILLION CASH AND NO DEBT

A compelling and good article on these oil and gas counters .

www.nextinsight.net/index.php/story-arch...some-rebound-smartly

SOME OIL & GAS stocks have been among the biggest gainers in the recent stock market rebound

In our compilation, the biggest gainers since the start of this month (Oct) are REX International (81.9%) and IEV (52.4%).

Another stock, Baker Tech, rose 8.5%. Notably, the manufacturer and provider of specialised equipment and services for the oil & gas industry has a strong balance sheet as at end-June 2015, comprising S$172.9 million cash (no borrowings) and $8.3 million corporate bonds.

These two assets alone translate into 17.9 cents a share. In comparison, its stock traded recently at 20.5 cents, implying a sharp undervaluation of its operating business.

THE FINAL QUARTER AND WAIT FOR DIVIDEND AFTER FY RESULT .

A MASSIVE $173 MILLION IN NET CASH

ACCUMULATE ON THIS GEM !

UNDERVALUED CASH RICH GEM

THE ONLY SUPER UNDERVALUED STOCK THAT HASN"T RALLIED LIKE KEPPEL CORP OR SEMBCORP INDUSTRIES

BULLSEYE88 wrote: A compelling and good article on these oil and gas counters .

www.nextinsight.net/index.php/story-arch...some-rebound-smartly

SOME OIL & GAS stocks have been among the biggest gainers in the recent stock market rebound

In our compilation, the biggest gainers since the start of this month (Oct) are REX International (81.9%) and IEV (52.4%).

Another stock, Baker Tech, rose 8.5%. Notably, the manufacturer and provider of specialised equipment and services for the oil & gas industry has a strong balance sheet as at end-June 2015, comprising S$172.9 million cash (no borrowings) and $8.3 million corporate bonds.

These two assets alone translate into 17.9 cents a share. In comparison, its stock traded recently at 20.5 cents, implying a sharp undervaluation of its operating business.

GOOD TIME TO RELOAD ON BAKER ON OIL RECOVERY