Valuetronics - "Thoughts on the market".

Ontheball, glad you are keeping close watch on Valuetronics. Dont worry about the recent weakness, likely due to fund re-positioning ahead of 1H closing. Today the price has bounced up nicely.

With more analysts covering the stock, this will add to further confidence and more visibility.

Another super stock from Joseph Yeo! 47 cents and going for 50!

btw, what do you all think of China Sunsine. There are stronger positive vibes around this stock (26 cents).

Price took off yesterday on heavy volume and it is likely due to the corporate day organised by Phillip Capital on 8 July for its "buy side" investors.

Interestingly, the group CFO has confided that about 58% of the Valuetronics's cash pile of hkd477m (or about sgd76m/sgd 21c per share)is in excess of its operational requirements.

This begs the question of what they will do with this excess cash!.

The right figure for the excess cash calculation should be about sgd44m, or sgd12c per share.

This stock is really on fire!!!

Long live Joseph Yeo!!!! LOL

hello people. NextInsight attended the AGM today & plans to publish a report by this weekend. Look out for it.