21-05-2012, 06:15 PM
(18-05-2012, 04:55 PM)Stockerman Wrote: I agree that it might go down even more from here...
Or it can just stagnate at less than 10 cents for the foreseeable future like a lot of S chips...once drop never ever see the sunlight again..
Share price can't be investor's number one concern under normal circumstances. It should be the undelying business. IF the company can handle the cash flows in orderly fashion AND if their underlying profitability can recover next winter, everything will be fine regardless of the share price. If they screw up with cash flow, they will find themselves belly up before autumn.
With these prerequisites, they will easily return to EPS at SGD 0,1 or more. If that should ever be reached, dividend yield alone would be up from a cent per share. Way up.