Sell @ $0.89
Sold my entire stake. During such times of uncertainty, I think it's better for me to stick to stocks I'm more familiar with. With STI +21 @ 2808 & Boustead +2.5ct, I've decided to take profit 1st.
FY12 results were out last night and EPS = 11ct was much better than I'd expected (8.33ct). Div = 3ct was lower than my expectation (3.5ct). Going forward, they'd guided that FY13 will maintain the same level of profitability. The earnings look very lumpy with >50% EPS coming in during Q4. IMO, it looks easy for the mgmt to manipulate.
