adampak looking to be interesting today, 23cts.
(24-11-2011, 09:10 PM)brattzz Wrote: [ -> ]adampak looking to be interesting today, 23cts.
it is 13% yield, 5 PE based on 23cts.
<Vested>
In response to a seeming routine enquiry, Adampak in today's (25Nov11) announcement has provided us a good idea on how the company manages/controls its on-going forex risk exposure.....
http://info.sgx.com/webcoranncatth.nsf/V...30026889E/$file/ReplyToSGXQuery_251111.pdf?openelement
despite the flooding in thailand, adampak edges up4.2% today to close at 0.25
(12-12-2011, 11:29 PM)pianist Wrote: [ -> ]despite the flooding in thailand, adampak edges up4.2% today to close at 0.25
This indeed is a good and positive sign! I suppose it speaks loud of Adampak's high quality aspects as a business. This is especially so since Adampak has not done any share buy-back (like Armstrong), or made any positive announcement or guidance. I suppose Adampak's good track record speaks for itself!
Let's see if the production volume of HDD will drop for next quarter. I don't see why they are not affected by the thailand floods, question is how much volume drop they (and other manufacturers) lost.
but hard disk manufacturing is not their only business.
I am so pleased to note that Adampak's share price has exhibited unusual strength against the overall slow and depressed market in the last few market-days. This afternoon, Adampak has hit $0.27.
(27-12-2011, 04:11 PM)dydx Wrote: [ -> ]I am so pleased to note that Adampak's share price has exhibited unusual strength against the overall slow and depressed market in the last few market-days. This afternoon, Adampak has hit $0.27.
Not exactly good news for people who are trying to collect more.....