TradeandGrow

AEI is it a good choice ?

Long
NASDAQ:AEI   Alset Inc.
About Alset EHome International Inc.
Alset EHome International Inc. is a diversified holding company principally engaged through its subsidiaries in EHome development and digital transformation technology with operations in the United States, Singapore, Hong Kong, Australia and South Korea. The Company's vision is to accelerate sustainable healthy living. The Company's mission is to provide a healthy living ecosystem, encompassing housing, transport, energy, healthy food and health products.

First technically, there is a huge gap between 4$ and 6$ and even 10$, if volumes comes in there should be no hold to climb.

But what is about the fundamental part ?
Well, if you read this article:
Alset EHome International (NASDAQ:AEI) has priced its public offering of ~4.7M units (the Common Units), at $5.07/unit, with each Common Unit consisting of one share of common stock, one Series A warrant to purchase one common share with an initial exercise price of $5.07/share and one Series B warrant to purchase one-half of a common share with an initial exercise price of $6.59/ share.

I count it as a bad move if you consider this company was 20$/share worth in the past. But this doens´t mean there is potential.
The target between 5$ and 6$.

Conclusion:
This company is in an early state and there is right now a lot of worry in the market about inflation. Is it a buy ? Definately yes, but maybe to early..but nobody know there right timing
I would give this state a moderate buy and definately hold and the risk/reward ration looks great.
Target 5.50$ over the long term.
Again patience can be the key.
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