The more I have researched, more confidence I believe the 90% discount is very conservative for medium term price target.
I don't like put a very high price target like some stockbrokers do, because I need to be more conservative and be realistic.
DRC investment is not the western investor's preference, but Chinese companies as well as China central government. So, I don't think sovereign risk is that bad.
The principle is to pick up a undervalued stock at minimal risk, imo.
Cheers![]()
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