It was full of net cash until that went into pixel red. So no longer as attractive and also lack of cash buffer if market or business downturn.
Whilst business is still good , growth is limited and payout likely won't be that good for next few years as u can see mgt. Is continuing to build up net cash buffer. Historically mgt. Is conservative so this is likely to continue happening.
As for technical analysis, as a value investor dun care much for it but if u look further back 10 years, this stock more or less correlates well to sti index/market sentiment.
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Whilst business is still good , growth is limited and payout likely won't be that good for next few years as u can see mgt. Is continuing to build up net cash buffer. Historically mgt. Is conservative so this is likely to continue happening.
As for technical analysis, as a value investor dun care much for it but if u look further back 10 years, this stock more or less correlates well to sti index/market sentiment.
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Virtual currencies are worth virtually nothing.
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