Swee Joo...

This investment holding company based in Malaysia with core business focusing mainly in provisioning of shipping services which last year contributed about 95% of its total revenue for last year.

ROE is healthy and good.. Second quarter profit meets expectation..

With it's curret expansion plan on going and 2 new tankers Asia Star and Asia Bright both due to arrive end of this month and early of next year respectively, I seriously think there's a possibility of expanding into the more lucrative business of tranporting crude oil... with TPP oil pipe project approved and once this project takes off, it'll definitely shed more light on this area..

A 20% growth is relatively easy to achieve...so Swee Joo is a good buy for medium term.