$UG HEALTHCARE CORPORATION LTD(8K7.SI)$One more quarter and we will get UG full year results. Current cash balances is S$60m, expecting cash balance to hit between$80-$85m. Expecting UG to probably reward investor in around 4-5 cents. That will cost around $17-$20m. Still have healthy $60m cash for expansion.
$UG HEALTHCARE CORPORATION LTD(8K7.SI)$UG will be releasing Q321 results on 10th May. If UG can break above $0.825, then may have the chance to test $1.00 to formthe W pattern from double bottom. Good luck all.
$UG HEALTHCARE CORPORATION LTD(8K7.SI)$This week has been a very bullish week for UGHealthcare. For those who have hold on when it was at its lowest point, I salute you. Anyway I was down nearly S$10k when it reach the low point. But here I am happy to announced that my position is healthily green with today closing at $0.695. So we areat the resistance price point of $0.70 which I believe will be broken by next week. we will be actively trading between $0.7x-$0.8x region in May until UG post its 3Q2021 results which I believe will be amazing. Here are some point to consider why UG will continue to go up. UG is not a big player in the glove industry but it has its own unique attraction which it move up fast and go down fast as well s
$REX INTERNATIONAL HOLDING LTD(5WH.SI)$Rex start from oil exploration to become oil producer company. There is deep valueto uncover for this company once they post their profit from Oman oil well. This company is undervalued. My EP at $0.182....TP at $0.280-$0.350
$TOP GLOVE CORPORATION BHD(BVA.SI)$I’m trying to think of a rationale to why funds keep adding short position when the dividend date is near. One of the possibility is thattheir short sell position is highly profitable and thus is able to pay the dividend for the shares they borrow to short and is banking on investors to mass sell causing a dip in price which they will review to close or continueto short. They will likely avoid Top Glove date for HK listing though.