Sunright

[GenS70]

Market has voted with its feet, closed this week at 42ct, around the net cash per share that appear in analyst report

My take on why it has moved out of deep value zone (around the 30ct level)  in 1 week is due to the current market sentiment towards semicon players in SGX and a very good set of result announced by its subsi KESM

http://disclosure.bursamalaysia.com/File...TTACHMENTS

The issue with Sunright remains with the lack of profitability of its equipment biz and the lack of willingness of company to believe in investor relations, without either which Sunright's will unlikely realise its fair value, which I speculate to be above its NAV

Read the latest annual report just out this evening, look like the playbook has changed, fair value is definitely above NAV now, watch this space