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Monday, February 05, 2007

Stock Picks 5th Feb

Buy on Jasper @ 0.025
Buy on BBR @ 0.145

Jasper is an investment holding company which has quite alot of cash on hand and it's been in e market for quite long...I think with its current capital it's stock price is undervalued but the plus point is that the major shareholders are some of the major local banks..so it's quite a good buy..

BBR is a construction company that is riding on the IR construction wave at the moment...previously it has taken part in various government projects like MOE building, MRT track projects etc..so for the next few years..it's fundamentals should be pretty stable and its profit margin should benefit from the IR projects...