GESHEN

This stock was discovered yesterday and today it looks good and just started to show its positive build-up.

Let’s take a look at the fundamental and technical.

This is what I found.

Stock Price (30.July): 0.58

PE: ~9x EPS: 6 sen

NTA: 0.66

Total Shares: 80,000,000

Cash (based on last Q report): RM 13,295,000 Cash/Share: ~16.6 sen

Short-term Borrowings (Short Term based on last Q report): RM 2,054k, ~2.6 sen

It has cash, little borrowings, trading below its NTA. Lets strip its cash from the price, it is like buying it at 33 sen. SUPER CHEAP!

Let see the Daily & Weekly Chart.

Daily

Weekly


Chart is by ChartNexus