Jerneh looks a good bet at RM3.19 per share. It is paying a dividend of not less that 1.87 per share soon. Later on it is likely pay a capital distribution of RM2 per share. At the present price of RM3.19 per share, you have a good chance to make about RM680 before expenses and tax if you buy 1000 shares now and keep them for the next few months.
As at Dec 31, 2010, its NTA per share was RM3.91 per share. No matter from whatever angle you look at it, there is money at Jerneh at RM 3.19 per share.
Nonetheless, nothing is certain in the stock market. If you like calculated risk, this is a good one for you.
As usual, you buy at your own risk absolutely.
马 到 功 成. Success is when the horses come. Success goes only to those who dare and act, it seldom goes to the timid. The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
