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| BENEFUN INT'L (1130 ) | |||||
|
Nominal Price |
Net Change |
Change (%) |
Bid |
Ask |
P/E(x) |
| 0.166 |
0 |
0 | 0.166 | 0.167 | N/A |
| High | Low | Previous Close | Share Volume ('000) | Turnover ('000) | Lot Size |
| 0.175 | 0.15 | 0 | 16,278 | 2,680 | 20,000 |
yup ... HKD0.166/5.131 = SGD 0.032!
can keep this stock ... shd be around $0.04 by year end.
now trade at HKD 0.145 @ HKES !
If Benefun's first foray into property market in Fujian PRC achieve good profit, chanes are it will be a major property developer in PRC as they have 2nd project in the pipeline already Now at a low of $0.02 - $0.025 (in fact already S$0.03 in HK market), before their success are known, this is the best time to stay vested....
sorry .. it is S$0.03.
Good Luck!
Hmm ... price at Hang Seng for Benefun is around S$0.30. See below:
| BENEFUN INT'L (1130 ) | |||||
|
Nominal Price |
Net Change |
Change (%) |
Bid |
Ask |
P/E(x) |
| 0.159 |
0 |
0 | 0.151 | 0.159 | N/A |
| High | Low | Previous Close | Share Volume ('000) | Turnover ('000) | Lot Size |
| 0.2 | 0.149 | 0 | 5,250 | 907 | 20,000 |
very soon will sudden shot up over 0.10 cts like others !
Repost the potential growth story below, from Benefun 1H07 announcement.
PROSPECT
The GDP growth in China is strong and solid. This momentum of rapid development will continue in the next fewyears. The Group is optimistic that both the retailing environment and customer sentiment in China will remainpositive during this growth period.
The apparel market in China undergoes leaping expansion. The market size is tremendously large, although the competition in the industry is fierce. The Group is diligent in its efforts to achieve higher turnover and margin through enhancement of its brand value and focused penetration to the selected niche cities and location. We are transforming our brand positioning to a higher end market where trend-right and quality-right products dominate against price. Our strengthened marketing policies backed up by unique product and pricing strategies will enable us to expand our market share and secure a fruitful margin in the near future.
The demand for street stores and small-to medium-sized apartments in China
?s second-tier cities like Zhangzhou is very strong. The 22-storey ?Singapore Ritz? will be completed and ready for sale later this year. The Group will then commence its new property project with a portion of land that has a ground area of 26,428 square meters by three phases upon receipt of government permits. We will build up our land reserve through acquisition of land in regions besides Zhangzhou. The Group is confident that the property development business will generate substantial additional revenue in the near future.PROSPECT
The GDP growth in China is strong and solid. This momentum of rapid development will continue in the next few
years. The Group is optimistic that both the retailing environment and customer sentiment in China will remain
positive during this growth period.
The apparel market in China undergoes leaping expansion. The market size is tremendously large, although the
competition in the industry is fierce. The Group is diligent in its efforts to achieve higher turnover and margin
through enhancement of its brand value and focused penetration to the selected niche cities and location. We are
transforming our brand positioning to a higher end market where trend-right and quality-right products dominate
against price. Our strengthened marketing policies backed up by unique product and pricing strategies will enable us
to expand our market share and secure a fruitful margin in the near future.
The demand for street stores and small-to medium-sized apartments in China
very strong. The 22-storey
commence its new property project with a portion of land that has a ground area of 26,428 square meters by three
phases upon receipt of government permits. We will build up our land reserve through acquisition of land in regions
besides Zhangzhou. The Group is confident that the property development business will generate substantial
additional revenue in the near future.
(extracted from 1H07 announcement)
?s second-tier cities like Zhangzhou is?Singapore Ritz? will be completed and ready for sale later this year. The Group will thenPlease collect early at possibly 2.5cent currently ..will wakeup soon: China garmen play, steady balance sheet, recently developing major property / retail center in China...
Potential multi-bagger coming your way...collect as early as possible, BB already started...