Gold1650: I more or less agree with ruff on this. In fundamental value I think you could fairly argue that SEA shares are worth more now than before the recent company changes, and if you thought over 10c was a fair value then you can add something more to that now. The main thing holding us down for the moment is the big glut of 5.9c shares that many will be trying to dump simply because they overextended themselves (likely a large proportion of those are already gone; we've already seen good opportunity to sell out at breakeven or marginal profit) or for a modest profit, and sure, that will take some time to work through, but the large volumes we're seeing at the prices they're going for say that there are plenty of buyers keen to jump in, and once the dumping is gone and we see the price reflecting fundamental value, I don't think a multibagger is out of the question, potentially even before the end of the month. It's difficult to guess how long it will take to deal with the glut, but just looking at the fundamentals and comparing to peers, it seems a no brainer that we're heavily undervalued, and that can only last so long. I think we'll see a point in the nearish future when the impatient sellers are exhausted, the price starts to rise, and the remaining sellers figure it's worth backing off to see how high a price they can get.
12c seems pretty easy to me (I've been wrong before and there are no guarantees now). If you had a 20c target before I see even more reason to have it now.
Oil price is obviously an external influence which could be a wildcard throwing us either way. If turmoil breaks out in the 'stans, we could see $80-100 which I'd guess would send us over 30c and then some. Alternatively, it could get smacked down and us along with it. Assuming it plods along in the $60s I think we'll do pretty well.
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