The first catalysts is the 1 for 4 bonus issue which was approved today.
The second catalyst will be the issue of the 2ct dividend that was announced in May.
The third and the most important catalyst is the launch of its massive 3,050 units of private apartment at its joint venture township project in Gaobedian, Heibei province which is awaiting the Green Light from the Chinese authority. This blog believes these catalyst will keep the stock price up. It is likely to break above its all time high 0.975 and reach for the 1.00 psychological level with eventual target at 1.03 in the medium term.
All posts and charts are for educational and illustration purposes only
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