Shares & Derivatives
QAF Limited & Courts Asia
By Mr. IPO  •  November 14, 2012
QAF Limited

It was a disappointing set of Q3 results released by QAF and the profit plunged by 51% for the same period last year.



Chart wise, it has been pretty disappointing as the share price closed at $0.735 today. I don't like what i am seeing from the fundamental aspect and sold my 8,000 shares this morning, achieving only a small profit. My original entry was here, way back in August. On hindsight, should i have gotten out around 84 cents and achieve a capital gain of around 19% instead of holding till now only to be let down by a set of disappointing results?



Courts Asia

I missed the boat for this one. Courts Asia announced a pretty nice set of Q2 results! My IPO write up was here.



Q2 Profit increased by 49% while 1H2012 profit improved by 28%. I always like companies that announce ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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