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Saturday, August 23, 2014

Value penny stocks have gained momentum

KS Energy
Centurion Corp
Pacific Radiance
Swissco Holdings
Nam Cheong

These stocks reported good results, mostly came from the ship chartering, ship building servicing the oil and gas sectors. These sectors have been doing well and did not see demands dropping.

Centurion Corp's business lies in its consistent revenue from worker dormitory rental yields but its media business have been dragging down its profits. More value can be seen when it divest more of its media business and focus on its dormitory accommodation.

KS energy recently sold some of its assets and gained about $55m. It is now able to distribute this income as dividends to shareholders or make other acquisition to gain better market position. According to the recent release of its financial result, the demand for oil and gas sector remains positive. This translates into positive future growth potential for the company.

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