WING TAI HOLDINGS . 100% BELOW NAV : $2.46

FY 2011 RESULT
REVENUES : $649 MILLION
NET PROFIT : $ 314 MILLION . (SURGED 61% Year on Year)
EPS : 40 cents . Share price $1.255
P/E : 3.1
NTA : $2.46
ANNUAL DIVIDEND YIELD : 5.5%
TOTAL ASSET / TOTAL LIABILITIES OVER 2.1 TIMES
 
 

Yes Wing Tai is very undervalued. Its RNAV is $2.97 while its stock price $1.25, which is a 58% discount. This is only 1 of many stocks that are very undervalued after the sharp falls in the last 1 or 2 months.

Investors with deep pockets should be picking up these bargains, except that they have lost money too on their portfolios, and they fear there is more correction in the months ahead because of Europe & America crisis.

I think, there could be a rally by year-end