Buy @ $0.28
Big drop from $0.325 after 1H results were released on 29-May. Big impairment of $12Mil for their China assets… Operating Profits lower, but not unexpected… 2H Div = 1ct, reduced from 1.5ct… Even their KTIS stake is lower in value due to sharp drop from THB 11.60 (Dec-14) to THB 9.35 (Mar-15)… but still worth 12.9ct / share… Take the risk as Yield = 6% (if can maintain Div)…. Likely short term bet… 😀