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waiting for confirmation of growth in animal nutrition before deciding to add position again. Plabs net profit prior to pandemic/ToT was hovering between 700k to 1M per quarter averagely.
ok :) you have to sell some to get fried chicken. else, its just paper profit. Lol, no pun intended. Follow your own plans and I am sure you will do well.
2.45 will be interesting to watch for chartist and a rebound from the long term trendline support will be a good sign. Vice versa a weakness if it breaks below from technicality perspective. I will be happy to add at 2.50 if it is available.
no lah... i am not trading dollar stocks :) and, I am used to buying depressed stocks and holding it for some time. My current average is at 2.50 excluding dividend collected. Bought twice in the last 9 months; 2.45 and 2.60.
coming. and lots of other counters on offer too :) cherry pick whichever you like - beneficiary of lower interest rate, decent yield, beaten down irrationally, etc.
will definitely observe the financing decision :) 7.4M is not much - a mix of cash plus term loans should settle it. the latest acquisition announcement has a condition to be met by the seller on or before 31 December 2025; ample time for Plabs (buyer) to sort out the financing. On the other hand, Mr. Bu is now the single largest shareholder of Plabs. A pp decision now will be interesting if you will - making it more expensive for Mr Bu to increase his stakes further and diluting his shareholding at the same time?
Been holding plab since before ah bu appeared until now the largest share holder of plab. Not say confirm will be pp, but atm I know can think of this reason for all his actions.