GSB above $0.24 by 03-Jun-2011

  • target price: $0.24 ( 108.70 % in 10 days)
  • price when predicted: $0.12
  • current price: $0.14
  • 2632 days pass target date.
Expected net cash RM 4.4m from the sale
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I Think So

Not Likely

Comments

No doubt they made some profit from the asset sale, but the question is what do they do with the cash arising from this one-off sale? Judging by this company's performance and history, it's unlikely to distribute the money back to the shareholder, and more likely for debt repayment and reinvestment. Therefore I'd say your target is unlikely.

But all the same, good luck :)
to high the target but GSB is quite a good counter.
Please elaborate on what your definition of a 'good' counter is :)
please visit investlah.com for more information. I hate "elaborate" please don't ask me to elaborate. Elaborate cannot find in my dictionary.
LOL, thank you for your concise elaboration.
Noob..
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