Buy @ $3.10
New stock to my portfolio. Itchy fingers, used HP to buy at 5pm matching… even though I was out whole day. 😀
Just went xd today (5ct) and dropped -10ct. The Q2 results was released on 5-Oct and prices has dropped from $3.42 then. Results looked ok (flat) to me but it'd appear that market must have been expecting better… PE = 18.67 (vs 20+ then) ; Yield = 4.84% (not that fantastic) ; Cash = $396Mil vs Debts = $122Mil. I'm monitoring their Cash position closely to see if the likelihood of a big Special Dividend for Full Year is possible…
There's also possible support from their Shares Buy Back program…