ZGL 0.00% 8.0¢ zicom group limited

News: ZGL Zicom Group Posts HY Net Profit For Period Attributable Of S$3.4 Million, page-12

  1. 328 Posts.
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    I would not be giving a share price prediction. However, answering your question, for its potential in my opinion, this is multi bagger opportunity. But again SP should be reflection of company's future prospects and business fundamentals etc. Undoubtedly, ZGL is deeply undervalued and mispriced as they are still selling at half of their book value. Current NTA is around 29 cents (aud) as they achieve further profitability their NTA should go up in line with that and so does that share price. Therefore, to me this is surely not going to stay undervalued for much longer as profitability appears to be on cards and in its books. If it does stay below book value one can be assured that they are not paying an bying into any hype.


    DYOR: This is my opinion only again DO NOT consider this as an advice.

 
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