Spindex Industries

[BlueKelah]

Dont need sad, next round crash can back to 30cent again, coming soon. Small volume counter can shoot up and shoot down also very fast. Just patiently wait and load up again later.

In terms of valuation ratios I use :

Div yield is below 4% now.
Net Cash/Mcap 34%.
Price/NAV 0.92

Been slowly letting go this one to load the elephant gun.

Solid and stable mgt. with long history and has political ties to PAP, now pass to son is still quite good, come any crisis they will be one of the many small caps to survive.

sent from my Galaxy Tab S