Chasen Holdings Ltd (5NV)

Deathzz

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What do you guys think about this stock? don't see any thread regarding this

Chasen Holdings Limited has secured projects worth RMB245m in the TFT LCD industry for FY17 and FY18 in China. The projects will be funded through bank borrowings and internal financial resources.

just secured RMB 245m worth of project.

gapped up quite alot today
 

RookieTrader

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Potential multi bagger. I saw the recommendation at another forum when it was trading in the low 40s earlier this month. Got some at 56 today and will wait and see.
 

Deathzz

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Nice. Profit quite abit at the current price of 0.069 liao.**
 
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chowck

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That time came up with a right issue proposal at abt 5 ct I think but nobody want it as price was trading at 3 ct! Heard the rights were aborted quietly.:eek:
 

SBC

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Try not to short such counter while it is still running fast.
 

Deathzz

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Haha dyodd. I am vested in it at a lower price. Would you take the risk now for a long term fundamental on its book value or are you risking for the market rush? I am looking at 0.119 there for market cap of 40m. Can only hope
 

king2penn

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Peak market cap would lie above 20 cents I think
some people TP is 23 cents but I not that ambitious
Turnaround play has been set in motion already from 0.02 to 0.05 then to 0.07 and now 0.09 level
I expect it to easily surpass its market cap of 50m during the 2015-2016 period and probably go towards 75m which is its peak market cap in the past (2013?)
Still considered very 'cheap' as its market cap currently is only 30m+ and its order book, revenue is way, way past that :s12:
 
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