Buy @ $1.595
Cover back / Average down… 😀
STI +35.26 @ 2766.06 finally broke the 10 -ve streak… Was expecting STI to be -ve due to weaker China trade figures… happy to find a -ve stock to buy in a +ve mkt…
Q4 Results will be out tomorrow… Looking at previous Q results, Revenue likely to be substantially increased due to past acquisitions, with a smaller increase in Earnings… Div = 2.5ct likely to be maintained (ie little chance of more) as per Dividend Policy of 7ct / yr (Q1-Q3 = 1.5ct with Q4 = 2.5ct)… Am expecting PE to edge closer to 20 (little bit less scary) from current 23…