Wednesday, 13 August 2014

JASPER - BOTTOM FOUND $0.031 TIME FOR A RALLY TOWARDS $0.035

BOTTOM FOUND $0.030/1, TP $0.035, STOP $0.027   (Undervalued Gem awaiting to explode higher, trading below NAV US$0.0637 or SG$0.079, MASSIVE DISCOUNT OF 60%)


Market capitalisation - 4.2b x $0.031 = $130m (> $40m Required by SGX-Watchlist)

Most bad news priced into the counter at current levels, position for future sales of asset deployment or M&A(Extracted from 1Q results 11 AUG 2014)



For the “Jasper Cosmopolitan”, the Company continues to pursue discussions with several parties for a potential sale or

bareboat charter of the vessel.

 
 

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