Sell @ $0.79, $0.795, $0.80, $0.805
They annouced a Special 2ct Interim Dividend on 6-Aug, mostly from the extra cash coming from their balance 70% acquisition of Nera Malaysia. The EPS, after stripping out the extras (Negative Goodwill ~ $7Mil) from this acquisition was only slightlu better than last year. But, as some were supposed to be spillover (from Analysts' report who'd met with Nera mgmt), from Q1, the 1H comparison with last year showed lower EPS.
Having seen the share price ran up from the recent low 60s (part of it due to Myanmar play – their customers were winners of the TELCO contracts), I think there's a very strong likelihood that it'd head back to at least the low 70s after xd (since 1H results were not fantastic). I have therefore decided to pare down some of my extras and hope to buy back later at a lower price. Main risk is Myanmar play may continue to support the price and even push it even higher…. 😀