IRC or IRC Properties Inc (PHILIPPINE INFRADEV HOLDINGS) is one of the high risk - high reward stocks in the PSE. When IRC started to shift its business from mining to real estate, its stock price has started to do wonders. Valuation wise, its book value is attractive, as well as its earnings per share.
In conclusion, IRC is worth it to speculate - or even just put it on the watch list. Just make sure that only a small amount of your portfolio percentage will go on this stock for trading.