barno99
04 Mar 2016
113p price target . Maybe more now with the deal. The stock of Asian Growth Properties Limited (LON:AGP) gapped up by GBX 1 today and has GBX 113.96 target or 132.00% above today’s GBX 49.12 share price. The 7 months technical chart setup indicates low risk for the GBX 424.40M company. The gap was reported on Mar, 3 by Barchart.com. If the GBX 113.96 price target is reached, the company will be worth GBX 560.21 million more. Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock increased 139.61% or GBX 28.62 on March 2, hitting GBX 49.12. About 158,518 shares traded hands or 4274.12% up from the average. Asian Growth Properties Limited (LON:AGP) has risen 244.44% since July 31, 2015 and is uptrending. It has outperformed by 248.76% the S&P500.
barno99
04 Mar 2016
Voting slips are out [link] in the bank shortly but hard to get hold of these tightly held shares .There may be a special dividend for us .That would be nice..The company will have more money in the bank than the company is worth plus all the other projects.That's crazy
barno99
02 Mar 2016
HK$ 700 million capital gain. Wow!! The capital gain from the disposal before transaction costs and expenses is expected to be approximately HK$700 million.That's a great deal of money!!!
barno99
02 Mar 2016
Re: WOW!!!!!!!!! Current market cap £385 million.Just sold for £900 plus million with three other very large developments still in hand.Rerating I strongly believe. This could go to 100p as Altold said and a lot lot more .
alltold9
02 Mar 2016
Re: WOW!!!!!!!!! We could see 100p+ at this rate. What a deal.
barno99
02 Mar 2016
Re: WOW!!!!!!!!! WOW Indeed...
alltold9
02 Mar 2016
WOW!!!!!!!!! What a disposal!
