Yesterday (1Jul11, Friday), BBR hit a new recent high of $0.305 and closed at $0.30, with a high 3.76m shares done in the day.....
http://finance.yahoo.com/echarts?s=KJ5.S...I;range=my
This is indeed a very good sign!
I guess this solid market re-valuation of BBR is well supported by the positive prospect that the company is poised to deliver a strong profit increase - likely a new record! - in FY11 (ending 31Dec11). The very positive Q1 results....
http://info.sgx.com/webcoranncatth.nsf/V...penelement
is pointing towards that.
A relevant question: What is a reasonable fair value for BBR's group businesses and assets, and for its unit share? We should bear in mind the following: (a) Based on the latest (as at 31Mar11) outstanding 306.58m issued shares, and the last done share price of $0.30, BBR now has a market cap. of approx. $92.0m.; and (b) The latest NAV/share (as at 31Mar11) stands at $0.2945.
http://finance.yahoo.com/echarts?s=KJ5.S...I;range=my
This is indeed a very good sign!
I guess this solid market re-valuation of BBR is well supported by the positive prospect that the company is poised to deliver a strong profit increase - likely a new record! - in FY11 (ending 31Dec11). The very positive Q1 results....
http://info.sgx.com/webcoranncatth.nsf/V...penelement
is pointing towards that.
A relevant question: What is a reasonable fair value for BBR's group businesses and assets, and for its unit share? We should bear in mind the following: (a) Based on the latest (as at 31Mar11) outstanding 306.58m issued shares, and the last done share price of $0.30, BBR now has a market cap. of approx. $92.0m.; and (b) The latest NAV/share (as at 31Mar11) stands at $0.2945.