$Ley Choon (Q0X.SG)$any good value with this stock ? almost 15% down. whether I avg it at this price ?
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Deep Sea
:
This stock has a good earnings visibility for the next few years with infra contracts from govt totalled $351 million SGD. Half year earnings for FY24/25 is $7.3 million SGD, increases by 35.9%.
$Ley Choon (Q0X.SG)$ Added some shares at $0.059. This stock is cheap and undervalued based on its strong earnings. My target price for this stock is $0.072.
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Deep Sea
OP
:
Trade war has no impact on infra stocks.
$Ley Choon (Q0X.SG)$ The resistance is at 0.061. Once it breaks the resistance, next hit point will be 0.065. The strong earnings should justify for higher share price.
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Deep Sea OP : Infra stocks are defensive in nature.