Promising shares below $0.10

1) Amplefield:

Amplefield has $19 million of investment properties as of 30th Sep 2017.

On 4th Dec, Amplefield has announced a contract of approximately S$24.8 million. The work scope under the Contract will include soil investigation, preliminary works, site clearance, sandfilling and related earthworks. The work is expected to commence in December 2017 and be completed by end of September 2018.

This will contribute positively to Amplefield.


4th April: Amplefield signs memorandum of agreement with Equine Sanctuary to kickstart the proposed development of a racecourse and racetracks for horseracing within a 300 hectare land at Le Minh Xuan Ward, in Ho Chi Minh City, Vietnam

3rd May: 1HFY2018, profit of $245k.


2) JEP:

JEP is accredited with ohsas, AS9100 and Nadcap, so JEP is part of the global supply chain for leading aircraft manufacturers. JEP also owns Precision engineering business namely Dolphin Engineering & Industrade, that manufactures die and mould for Oil & Gas and aerospace industry.

Information take from Edge Magazine.

Luong, CEO of UMS has purchased $28.2 million for 29.5% stake in JEP.
He will be taking a major role in JEP. He announced that he will be transforming JEP into a dividend paying company.

Investment Merit:
Luong is successfully at UMS, increasing shareholder's value and pays regular dividends.
With an entry into JEP, Luong will map his success in UMS into JEP.



3) Miyoshi:

9th May: CATALIST-LISTED Miyoshi Limited announced that its affiliated company, automaker Core Power (Fujian) New Energy Automobile, has secured two contracts to manufacture electric cars for Jiangxi Changhe Automotive.
The contracts will see Core Power supply 50,000 all-electric car frames and a similar number of sets of lithium batteries, battery management systems and electric motors.

8th May:

METALMAKER Miyoshi Limited announced it is seeking to raise S$7.05 million in proceeds through a private placement of 115 million new ordinary shares at S$0.0613 apiece.
The price is a 9.99 per cent discount to the volume-weighted average price of S$0.0681 for each share based on trades last executed on the Singapore Exchange on May 8, 2018.
Older news:

https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11570-miyoshi-nascent-investment-that-s-a-potential-growth-driver

4) OKH Global

"PROPERTY developer OKH Global is tying up with Ping An Industrial and Logistics to develop logistics and warehousing facilities in China, it said on Thursday.
A memorandum of understanding has been inked, and more details will be released later. A joint venture company is expected to be set up by the second half of the year, OKH Global said.
Ping An Industrial and Logistics is a subsidiary of the Ping An Group, one of China's five largest insurers.
"Ping An has the asset base. They have lots of warehouses and land across the whole of China that we can leverage on," OKH Global chief executive officer Lock Wai Han told The Business Times." 

Comments

cherryjoy said…
Hello there,

The stocks you stated are to be kept in watchlist to make the returns.

Regards,
Cherryjoy
MMF Solutions