Sell @ $2.44
Reduce my holdings. Latest Q2 results doesn't look promising. Annualised EPS = 13.34ct, lower than last Q = 15.2ct. Due mainly to higher provisions (for higher loans) as Revenue is slightly better ($57.76M vs last Q = $56.48M) although at Operating Profit level, it was a tad lower.
Anyway, doesn't look like it's going to get better soon. Greatest fear is still a General Offer at a premium to current prices which'll still likely be lower than my average cost. For now, I think my money may be better deployed elsewhere but will buy again if it drops. Got some more to sell at current prices and will watch xd on 28-Aug closely. 😀
