Best time to get into Hankore at such cheap price now in view of proposed offer to buy its individual or whole portfolio of water treatment plants on fri.
[hr]
[Guest 16-12-2012]:
Best time to get into Hankore at such cheap price now in view of proposed offer to buy its individual or whole portfolio of water treatment plants on fri.
great news indeed that s-chips start to run up. Wonder how much will its 15 plants be valued now.
Hankore got a few reasons to fly: 1.China stocks are recovering. We might be at the begining of a big bullish wave of next year. All Singapore's S-Chips should benefit.They have been unbelievably and unfairly treated in SGX over the years because of wrong reasons. 2.Its water treatment business is and will be in great demand in China, as water supply and quality issue in China is far from being solved. Hankore's core business will be busier and busier.You can see the great potential ahead. 3. If the takeover happens, shareholder will see the rewards immediately. If not happen, it means the co. see long term better value. It is a win-win situation either way. Some people in CNA hope to see price go up to $1 next year. Not sure about this, but obvoiusly the ppotential for the price to go up is great. No doubt, it is one of the nest penny stocks and now is the best time to buy in. very small risk, but very big potential