Buy @ $0.995
Last day of cd for Div = 2.5ct. Decided to buy back the ones I sold @ $0.98… 😀
Q1 Results were out on 12-May after mkt closed. EPS = 0.4ct, lower than Q114 = 0.48ct when they did a one-time provision for a lawsuit they'd lost in China. This time, the lower EPS is due to high staff salary… Cash = 38.4ct is down from last Q 42.65ct as they'd purchase a factory in Malaysia. Cash (Net of Debts) is lower @ 32,3ct vs last Q 39.3ct as they'd taken on higher Debts for this purpose. The main positive is mgmt maintained guidance that FY15 will be good…