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.
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?