I do find this counter attractive at this price.Checked the balance sheet, excluding the debtors they have net cash of 35 million which translates to abt .21 cts cash per shr.since listing they have been making money and though the earnings quarter by quarter is diminishing they still make 1.2 cts per shrs.Could the current price bottoming?
oregami, i make 4 rounds of profit from salcon, stop liau mmode, i hantam quite a bit 50k@0.435, 180k@0.385 after lunch baru move, volume as at now almost same as yesterday whole day vol
sedania is already .50.They are mobile solution provider with earnings of 1cts,hence mmode with 1.2 cts and cash backing of abt .2 should see price revised upwards.
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BCbuddy
47 posts
Posted by BCbuddy > 2015-05-26 22:23 | Report Abuse
If it breaked 0.41 mean 0.37 will coming