CCH International ~ 16.5p
http://www.bloomberg.com/apps/quote?ticker=cch:LN
This company has gone through change recently. Was involved in international trade finance but now more involved in Islamic financing (inclucing trade). Financing according to strict Islamic principles seems to be on the increase and could become a new bubble !
Why have I termed it a wonder stock ?
It is tiny around 14m market cap and the directors only well over 50% of the float. But the business reason is it looks likely to generate high growth in coming years as the sector grows .........and they should grow faster than the market.
The likely high revenue growth should lead to strong earnings growth which will inevitably attract the attention of the investment newsletters/tip sheets and the sunday press! I predict there will be a feeding frenzy and the stock could go into orbit.
However, I think this bubble will be unsustainable................... but by then many will have multiplied their capital a few times.
I think I've seen this movie before .......... it has all the hallmarks of an early bubblestock but in the years ahead ENSURE you have somewhere to sit down when the music stops!
DO YOUR OWN RESEARCH - THIS IS HIGHLY SPECULATIVE
For what it's worth I am hoping for price to move nearer towards 10p - but if I'm just being scrooge-like ........ If I'm right this when this starts running it will go on for a good while!
Hook Shot
http://www.bloomberg.com/apps/quote?ticker=cch:LN
This company has gone through change recently. Was involved in international trade finance but now more involved in Islamic financing (inclucing trade). Financing according to strict Islamic principles seems to be on the increase and could become a new bubble !
Why have I termed it a wonder stock ?
It is tiny around 14m market cap and the directors only well over 50% of the float. But the business reason is it looks likely to generate high growth in coming years as the sector grows .........and they should grow faster than the market.
The likely high revenue growth should lead to strong earnings growth which will inevitably attract the attention of the investment newsletters/tip sheets and the sunday press! I predict there will be a feeding frenzy and the stock could go into orbit.
However, I think this bubble will be unsustainable................... but by then many will have multiplied their capital a few times.
I think I've seen this movie before .......... it has all the hallmarks of an early bubblestock but in the years ahead ENSURE you have somewhere to sit down when the music stops!
DO YOUR OWN RESEARCH - THIS IS HIGHLY SPECULATIVE
For what it's worth I am hoping for price to move nearer towards 10p - but if I'm just being scrooge-like ........ If I'm right this when this starts running it will go on for a good while!
Hook Shot