JEP is a curious mixture of high-end precision machining work and low-margin returns. I hear that its utilisation rate for its factory is already quite high, so how can there be room for more orders ?
I would think Ocean Sky is an undervalued stock. Ocean Sky International Limited and its subsidiaries is a one-stop fully integrated apparel service provider with global end-to-end supply chain management capabilities from design to distribution.
The stock is currently trading below cash and offers a dividend yield of more than 11%. The company recently sold off its core apparel business together with two properties in Hong Kong which left the company flush with cash. OSK-DMG estimated the cash to be 30-40% higher than the entire market cap of the company. Moreover, Ezion Holdings is buying into the company as well.
_________________________________________________________
Disclaimer: This is not a buy or sell stock tip. Please do your own research.
Value investing blog:
valuestocksinvesting.blogspot.sg/
SG stocks will fly today!
Because the americanos have stopped fighting each other (for now). LOL
U.S. stocks surged on Wednesday, lifting the S&P 500 near its record, as the Senate reached an agreement to reopen the government and raise the debt ceiling, with votes later in the day expected to end the fiscal standoff.
NextInsight
a hub for serious investors
