Sell @ $0.85
Decided to take some profit as this is another of my identified candidate to likely correct more in times of uncertainty. PE = 9.52 ; Yield = 4.7% ; Cash = 28ct ought to provide some strong support for a while. Still, their biz is largely dependent on the state of the economy and their low NPM of 5-7% don't provide a lot of margin of safety.
Someone is collecting patiently at 85ct and only showed hand during the last few minutes. They didn't bite at my bait @ 85.5ct, so stingy… 😀
Buyer CP '08' = Credit Suisse & '12' = Lim & Tan. Maybe it's the same person who'd paid 87ct in a large married deal last week.