IBL Fund update Teledata 0.018

Our Teledata share has reached 0.018 which gives us market value of SGD 18 x 20 then x 2.45 = RM 882 + RM 450 = RM 1,332.00. We will still hold Teledata for sometimes and expecting right issue to bring down our cost to SGD 0.0077. Expecting next 3 months price crossing SGD 0.023 for a first 200% return.

Mean time, our another speculative monitor Bingo has crossed back HKD 0.115. We recommend hold for both counters.

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