LHN looks to have bottomed out already. There has been a rise in both price and volume of the stock here and in its HK dual listing. The HK listed side is trading at HK$1.10 or S$0.19 equivalent!
There may be positive potentials for the company:
1. Completion by year end of the condo apartments in Cambodia, which the company bought.
2. Start of operations of the warehousing facilities in the ports in Thailand and China.
3. More carpark management contracts in Hong Kong.
4. Enbloc sale of Golden Mile Tower, which the company owns a large part of the carparks. With the recent curbs in residential property market, opportunities may flow into the commercial/retail property space instead!!
I think the stock has started a strong rally which has more legs to run. The last time such a rally occured in Dec 2017-Jan 2018, it rallied from 16cts to 32cts.....
How high will this round go?