Hello, CIMB-GK has a target price of $1.20 --- wow, that\'s 100% more than where the stock price is now. You can read that at the bottom of NextInsight article
www.nextinsight.net/content/view/1873/60/
I recall NRA Capital\'s Kevin Scully has written something on Sinomem, and found it. His own target is $1.00. He wrote 2 months ago: \"I still like the stock. It remains in my stock pick list with my price target unchanged at $1.00. The current price of S$0.55 is also attractive as its below the price of its placement shares of S$0.62.\"
www.netresearch-asia.com/NetResearchV4/R...log.aspx?blog_no=454
I like this counter too. However, in techanical chart, it has strong resistance at the level between 0.66 to 0.70. Whether it is able to reach 1.10, depands on 4Q result.
