Time Watch

Time Watch mulls Shanghai, HK listing Liquidity, valuations here have been low; its business focused on Greater China.... What is the FV for this stock?

No one interested!!! Its CEO, Michael Tung, said its stock performance has been a disappointment, and described the Singapore stock market as a \"stagnant pond\". \"People in China can see our stores and they know we\'re growing, but investors here just don\'t know,\" he told BT.

Ready to test 21c soon!!

Bestworld, thanks for highlighting this fella. I checked the most recent results (for Q1 ended Sept 09) and was impressed by the cashflow. a. Cashflow from ops was HK$46 m (versus 13 m previously). b. Capex went down sharply (2009 was not a year businesses were putting much $ into capex anyway). c. As a result, cash & cash equiv shot up to HK$94 m from HK$60 m. Q2 (ended Dec 09) prob did well too. Results coming out soon.

Strong rebound this morning by 1.5 c to 18 c. Hahahaa... who sold in a panic yesterday? Confess! Who bought yesterday? Hero!!! Good investors are able to maintain their emotional balance. Buy in a panic, sell in a euphoria. Right?

Uptrend still intact!!