hpitosc

hpitosc | Joined since 2013-06-01

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Stock

2013-06-01 11:49 | Report Abuse

There are so many such counters in Bursa and mainly I think the top management does not believe in engaging PR on it. Such owners are I think finding an exit roué like taking it private. The lower the price the better. There is not much investor interest in it. If it is not a protected paper biz I think it will go down the drain. Do not be surprised it will be a zero volume counter.

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2013-06-01 11:44 | Report Abuse

Why do you expect this stock to go up. At best nothing ahs changed worse is under performing. Order book is always the same for the past few years. It is only its pipe coating biz that is bigger other division are small relatively and when there is no pipe coating to do WSC fades off so obviously

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2013-06-01 11:40 | Report Abuse

WSC over rely on its pipe coating (PC) biz. Even if this PC is doing well it has to cover for its other low performing divisions like engineering and plantations. Over the past 1-2 years results are horrible. Management is under performing that is how I see it.