nice 14% gain..., page-3

Thanks for the article, Guan.
Interesting reading.

I understand the downwards pressure placed on AJA because of current economic climate. I also understand that markets generally look ahead at least 6-12 months or more.

I'm very happy to hold on this one, because as I've said before in an earlier post, the rot must surely be almost gone, and its SP is under half of its NTA.

With NTA possibly increasing if they decide to default on two of their loans, it can only get better... Actually, I wonder if I can get a loan that is over 100% of the asset and then wipe it off without any consequences???

Strange how it works but all good for holders!!!

Thanks once again, Guan, for your input. It is always better when people can give detailed evidence that support their positions, rather than voicing opinions based on hot air. I can now make a decision with a more balanced view.

:-)