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Saturday, 23 March 2019

AMVERTON: Return of the BULL, strong bull is in making!!!

Happy to see the price is showing strength. Let's the Bull ride up to 1.80 again...

Factors driving the bull:
1. Carey Island deep port...on or not on, pending feasibility by 3rd part to advise government. We need deep port, if not we're again given the business to Singapore easily, and Singapore will monopoly the deep port business. Singapore already expanding, we're still stay still...

https://www.scmp.com/week-asia/economics/article/2182645/cutthroat-shipping-industry-singapores-moves-increase-its-berth

https://www.theedgemarkets.com/article/govt-conduct-feasibility-study-carey-island-port

2. Strong earning from the compulsory land take over by government (I don't know which land as Amverton got a lot of huge land with very low acquisition price)

3. As usual, when stock super deeply undervalue, we sure can bull shit "TAKE IT PRIVATE" bla bla bla!



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