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Every 1k invest can be double or triple..see BBs goreng how high
Contratrader ( Date: 30-Jun-2020 20:04) Posted:
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can be Tesla in the making or not ?...hahaha...worth a look le...
tml morning try:)
Next quarter 2020 would be SOLID SOLID PROFITABLE for MIYOSHI going-forward...LOOK AT NIO & TESLA stocks price..YOU ALL SHOULD know..AIM target 5-6cents FOR MIYOSHI(dont greedy NO NEED AIM 10cents)
PRICE HAS BEEN LOW BECAUSE THE JAPANESE DIRECTOR Masayoshi Taira keep selling his 8% or 50m in miyoshi
electric car JV with Beijing Auto Group...BIG BIG POTENTIAL.......
Miyoshi Limited has just raised S$6.82 million in net proceeds, mainly to further invest in its nascent electric car business.
It issued 115 million new shares at 6.13 cent apiece this month, intending to use the proceeds mainly to increase its stake - currently 15% -- in a Chinese manufacturer, Core Power (Fujian) New Energy Automobile Co., Ltd.
Under a MOU, Miyoshi -- which is probably the only SGX-listco to have direct exposure to China' s booming electric car sales -- has the option to increase its stake in Core Power to 49%.
Miyoshi' s capital raising comes on the back of Core Power having secured two orders from Jiangxi Changhe Automotive Co., Ltd (江西昌河汽车有限责任公司) for 50,000 all-electric cars over 2019-2021.
Miyoshi Limited has just raised S$6.82 million in net proceeds, mainly to further invest in its nascent electric car business.
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Stock price |
5.9 c |
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52-week range |
5.8&ndash 8.9 c |
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PE (ttm) |
9.5 |
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Market cap |
S$36 m |
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Shares outstanding |
609 m |
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Dividend yield (ttm) |
6.8% |
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Price-to-book |
0.5 |
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Source: Yahoo! |
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Under a MOU, Miyoshi -- which is probably the only SGX-listco to have direct exposure to China' s booming electric car sales -- has the option to increase its stake in Core Power to 49%.
Miyoshi' s capital raising comes on the back of Core Power having secured two orders from Jiangxi Changhe Automotive Co., Ltd (江西昌河汽车有限责任公司) for 50,000 all-electric cars over 2019-2021.
TOP POTENTIAL NAV 10.1cents PROFITABLE COY 2020