Observations from Singapore, page-28

Grumpy

"the market has decided that the current value is where we should be"


Really??? People on here were saying the same thing when the SP was 10-11 cents (even at 13.5c). If the SP drops to 5-6 cents then posters will be claiming that it is the bargain buy of the century and that the "market" has got it wrong just as they did at 11 cents, and they do now at 8 cents! However, the fundamentals tell a totally different story. Try to discredit me all you like by making reference to other stocks I might or might not hold (instead of showing why OBJ should be trading at current levels based on what we know for definite) but in doing so you are ignoring the glaringly obvious fact that OBJ is overpriced. Who am I supposed to be trying to protect?? This is a discussion site, so discuss the stock in a mature manner instead of making personal attacks on individual posters simply because they post something you might not agree with. If you disagree with the observations I post then produce a counterargument based on the fully disclosed facts, not speculation, hope or insinuation.