This post is in response to a reader's request on Valuetronics.
Specifically, the reader J asked the following...
"What do you think of Valuetronics? Is it still worth to invest given its current pricing? What do you think of the Executive director who just dump 16 million shares?"
Actually, I used to be vested in Valuetronics. I bought Valuetronics at 21 cents in April 2013.
Had I held on to the stock, I would be sitting on 43% gain! (Last close is 30 cents)
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| Valuetronics 52 week price chart. Source: Bloomberg Finance |
Alas! I sold it earlier this year for a 30% gain. Not too shabby but could be better. Ahh, greed!!
So let's help J by looking at Valuetronics once more.Cheap Earnings
If we take a look at most recent results announcement (
Q3 2013), 9-months earnings per share is HK 29.8 cents. ...
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