PANUNITED spotted at $1.02 today rallying on low volume, excellent to buy on dips at $0.99. With bullish outlook with demand of ready- mix cement to rise in 2014, we certainly feel that the bullishness of PAN UNITED. Be Patience and reap the fruits of reward, it could rally towards the ultimate target of $1.50-$1.70.
Comments from the EDGE SINGAPORE:
Another possible beneficiary is ready mix concrete (RMC) supplier Pan-United Corp.
“We will evaluate our participation in Changi Terminal 4 and Project
Jewel when the main contractors call for the supply of RMC,” says May
Ng, CEO of Pan-United.