Monday, April 21, 2014

Pick of the Week for Wk18 is BEL

BEL is the pick of the week for intermediate term (hold until Q4 2014), for the following reasons:

1) BEL still has room to increase vis-a-vis its 52-week high. It stayed above 6 for more than a month, which tells something about its true base value assuming the casino is already open.

2) it is a relatively 'safe' bet in small tranches/ Even if it goes down with a sudden negative market sentiment, we know it has an upside as its casino is nearing opening in Q4. Yes, it's better to wait until Q3 to invest here, but by that time the price might not be as 'cheap' as it is today.

3) It was already explained elsewhere in this blog why BEL's business model is attractive in its uniqueness. The company is almost guaranteed to show profit year on year beginning last year.




No comments:

Post a Comment