NIA has been saying: watch iShares MSCI Singapore ETF (EWS) it is one of the world's most undervalued financial markets. Today, EWS gained by 3.63% to $22.64 per share one of its largest up days in history. EWS has a long-term key breakout point of $25.69 per share.
The last time EWS made a significant breakout was in 2007.
When EWS rallied to a July 2007 high of $28.90 per share, NIA's #1 favorite U.S. listed stock Trio-Tech International (TRT) hit an all-time high of $24.75 per share. TRT does all of its manufacturing and distribution out of Singapore!
TRT gained by 0.70% today to $6.72 per share and has a market cap of $28.569 million, cash of $16.53 million, debt of $0.874 million, and an enterprise value of only $12.913 million or 0.305X revenue of $42.31 million. When EWS surpasses $25.69 per share, TRT is likely to make a move back to $24.75 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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