Not Vested Since my last write up, Beng Kuang Marine (BKM) has seen a remarkable surge in its share price, soaring from 6.7 cents to 16.5 cents as of today. Additionally, the company has attracted a new institutional investor, which is known for delivering impressive returns. The arrival of this investor suggests that something positive is happening within the company, making it more appealing to potential shareholders.
| Ginko-AGT Global Growth Fund Returns. Source: AGT Website |
If you’ve been following my earlier analysis of BKM, you’ve likely benefited from the recent surge in share price. However, it’s crucial to assess whether this upward trend is sustainable. To do so, we need to delve into the company’s fundamentals. After all, I believe the share price surge was driven by BKM’s successful turnaround in FY2023. It’s essential to determine if the underlying fundamentals will continue to improve. If you’re pressed for time, the…
