hard too say...maybe just sit on the fence..until the price goes down to 25 sens..then can consider to buy..but it maybe a long wait..a very long wait...or why not just don't sit on the fence and buy now whatever the price as you know the company is making good profits with small debt portfolio and is expected to still continue to do so in the foreseeable future baring any new competitors entering tneir niche market to threathen their monopolistic advantage. If i were media prima..i would gobble up this company now before it gets too big too swallow.
Have been following this stock for a while now, was impressed with their financial standing being profitable and little or no debt. The only drawback is this stock is not exciting enough for fund managers probably because it is in ACE. A successful migration to Main board would be welcomed with TP 0.42. If you are happy with drawing small dividends and lagging movement, so be it but it is better for you to search elsewhere for now, IMHO.
been monitoring it since last week. very strong absorb of selling every day, sounds like someone or perhaps company is collecting? very large sale queues, but no real selldowns.
This counter is not a short term counter. Is like fishing, slow and steady. Always with good annual report and nice chart. Let's see it on main board soon.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kong73
2,065 posts
Posted by kong73 > 2012-04-25 19:17 | Report Abuse
Terbaik!