SDG 0.00% 7.3¢ sunland group limited

You must be sitting on a considerable loss by now but as you say...

  1. 356 Posts.
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    You must be sitting on a considerable loss by now but as you say I am not worried for different reasons.

    ATM there are lot of margin calls and margin sellings going on right now .

    Much of that is attributed to the demise in Market Capitalization of financial stocks ie Banks or B&B for that matter on the back of which stocks people had borrowed heavily to buy other stocks eg SDG.

    People who are buying SDG now in this market are the ones who can really afford it and hold on to it.

    every day in the past few months we have seen an average of 1,000,000 plus vol. going through. that signals huge demand.

    therefore we will have much better price stability and growth as the market condition improves.

    SDG's fundamentals are flawless.

    1-It has significant equity in its real estate holdings;

    2-very little debt;

    3-100 mill plus revenue for the next 3 years;

    4- another 100 mill plus cash at bank

    5- a few billionaire backer.

    IMHO at this level it represents an excellent value.

    I'm not sure how much of this is attributed to panic selling but I wouldn't panic.








 
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