Undervalued Stock 2018

Singapore Kitchen is worth taking a look.

ACGR of 40% for revenue from FY2013 - FY2016

FY2013 - 18.64m
FY2014 - 19.79m
FY2015 - 26.03m
FY2016 - 26.21m

ACGR of over 233% for net income from FY2013 - FY 2016

FY2013 - 0.11m
FY2014 - 0.61
FY2015 - 1.53
FY2016 - 2.57

ROE FY2016Q2 - 15.44%
ROE FY2016Q4 - 17.98%
ROE FY2017Q2 - 14.70%

Most recently, new investor subscribed to about 3% of shares at 20cents, which is a premium above current trading price.

Also, a high dividend yield of 5.71%

PROPOSED DUAL PRIMARY LISTING OF THE SHARES OF THE COMPANY ON THE
GROWTH ENTERPRISE MARKET OF THE STOCK EXCHANGE OF HONG KONG
LIMITED

Singapore Kitchen Equipment latest annoucement on SGX. This will improve liquidity to the undervalued stock

Aren't you surprised that this company with small profits (1H2018 was loss making) would go for dual listing?

Another puzzling thing is are they thinking the move can improve liquidity? Its small no. of issued shares of 155 million is the factor and a market cap of S$16 m.

Will it be issuing a massive lot of shares? Doubt there would be takers.