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$1.06 platinum asia investments limited

There's some irony ther, in the way things are unfolding. But I...

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MarsC

4,287 Posts.

467

29/02/20

20:35

Post #: 43236726
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Originally posted by long_haul: ↑

As if China being one of the cheapest markets with the strongest growth prospects wasn't enough, now it will likely be the first to emerge from the pandemic. Four Corners sensationalism aside, and despite the initial slow reaction, chatting with locals and expats on the ground, all have unanimously praised the Chinese government's swift and stringent efforts on containment.

Also keeping in mind, PAI's holdings are largely focussed on local consumption and services. So any emerging global issues will have little effect on PAI's holdings.

Ideally from an investment viewpoint, PAI will be swept along with the tide of negativity and the discount to NTA will further extend. From this investor's perspective and with a 5-10 year horizon. it looks like one of the safer bets.

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There's some irony ther, in the way things are unfolding. But I like it.

PAI Price at posting: 98.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.06		Change 0.030(2.91%)		Mkt cap ! $392.2M

Open	High	Low	Value	Volume
$1.04	$1.07	$1.03	$1.997M	1.899M

Buyers (Bids)

No.	Vol.	Price($)
2	56450	$1.06

Sellers (Offers)

Price($)	Vol.	No.
$1.07	29000	1

View Market Depth

No.	Vol.	Price($)
2	56450	1.055
3	41170	1.050
2	17678	1.045
1	15000	1.040
1	15000	1.035

Price($)	Vol.	No.
1.065	29000	1
1.070	176566	7
1.075	51578	3
1.080	91412	4
1.095	20000	1

Last trade - 15.56pm 02/10/2024 (20 minute delay)

PAI (ASX) Chart