06-08-2014, 06:00 AM
(05-08-2014, 10:14 PM)sykn Wrote: I rarely use this term (because I feel it's been overused by forumers), but I believe this one's a real gem. If you haven't taken a close look, I recommend that you do and decide for yourself.
Hi sykn, I feel the same way too.
The figures over the past 5 years has been encouraging, but I'm seeing a tightening of profit margins reflected in the latest 1Q and 2Q - on the backdrop of higher manpower costs. The cash balance could've been higher, however, they made a loan to an associate. Nonetheless, it is a well managed company.
I like to buy things cheap, and judging by what happening around the world, I will wait patiently.