it&e (ITE).
Hi gjc,
Happy Christmas to you and yours as well mate.....
Also gjc,
Steady on a bit with respect to the “prepared to wait years for (ITE to blossom!!! idea....” ... as although I like the principle of ....”being prepared to wait” – my own definite impression with .....it&e(ITE) ....is that it is a days or weeks proposition; and we are now very much, ..... in the Home Straight ...!!
Btw.....There are a lot of principles and reasons why I like (ITE) that could be applied to other High Potential/very Low (imo) assessable ..... Risk/High Margin of Safety .....new stocks an investor may occasionally see; when a rare undervalued opportunity crops up ... with excellent upside and manageable negligible....(as assessed)-- downside. Some of these themes run through the Fisher 15 Principles.(reproduced below)
Phil Fisher’s very excellent:
15 Points, to Look for in a Common Stock .
1. Does the company have products or services with sufficient market potential to make possible a sizeable increase in sales for at least several years?
2. Does the management have a determination to continue to develop products or processes that will still further increase total sales potentials when the growth potentials of currently attractive product lines have largely been exploited?
3. How effective are the company's research and development efforts in relation to its size?
4. Does the company have an above-average sales organization?
5. Does the company have a worthwhile profit margin?
6. What is the company doing to maintain or improve profit margins?
7. Does the company have outstanding labor and personnel relations?
8. Does the company have outstanding executive relations?
9. Does the company have depth to its management?
10. How good are the company's cost analysis and accounting controls?
11. Are there other aspects of the business, somewhat peculiar to the industry involved, which will give the investor important clues as to how outstanding the company will be in relation to its competition?
12. Does the company have a short-range or long-range outlook in regard to profits?
13. In the foreseeable future, will the growth of the company require sufficient equity financing so that the larger number of shares then outstanding will largely cancel the existing stockholders' benefit from this anticipated growth?
14. Does the management talk freely to investors about its affairs when things are going well but "clam up" when troubles or disappointments occur?
15. Does the company have a management of unquestionable integrity?
Probably the last point (15) is one of the dearest to my own heart ..... !
Anyway, more on (ITE) , wit and not so witty witticisms and thought-lines soon.....
“Fingers crossed” .... for something before Christmas and soon ....heh....!
PS. ** And yep, for 2007.....will definitely look at other great stocks for 2007-- but will find another way to get the messages through.... to those on the PUB email list or whatever....
Kindest Regards,
Robbo .
DISCLAIMER
Views expressed in this opinion expressed on this internet Forum and Share Chat & Discussion Site, as above are explicitly unwarranted, and expressed on a strictly: ‘Without Prejudice’ basis.. These views are only personal opinions and speculations, are not warranted, in any way whatsoever, either expressed or implied, for their accuracy or veracity. These opinions & correspondences, expressed in this email and/or on this internet site are only the writer’s tentative thoughts and opinions only. They are, nothing more than that. These views are not… (Repeat: ‘not’ )to be read as being, or even forming any form whatsoever of investment recommendation, general or specific. Instead, they are just simply personal ideas and opinions, and to repeat, are NOT to be read or interpreted as financial advice. Furthermore, these expressed opinions here, are not warranted in any way whatsoever, either expressed or implied, for their accuracy, authenticity, or likely predictive outcome. Therefore, these comments are highly subjective and prejudiced by the writers own opinions, perceptions and outlook. As a result, these views may be prone to errors, as they are not official in any way, have not been checked by an authorized third party, and are possibly incomplete, ill informed and/or inaccurate. With this in mind, the author reminds readers that these opinions expressed here; are strictly on a “Without Prejudice” basis only. Remember readers, to read these opinions as just one of many expressed personal subjective thoughts and ideas, in the ‘common market-place of ideas’—and are only that. Readers must recognize that, as they are only one possible viewpoint among many, and therefore they are at best; only the author’s own highly subjective whimsical thoughts, impressions, and intuitions. You therefore ought not to rely upon these views for any form of advice or counsel. Instead, you are responsible for your own decisions. Readers must also note that, as with all expressed opinions, they are definitely open to discussion and refutation, as well as logical weighing and consideration of other alternative interpretations and viewpoints. For any investment decision, the writer urges & reminds readers to always conduct their own independent and separate investigations and research, and always seek their own qualified and authorized third party independent financial advice.
Kindest Regards,
Robbo.
ITE
i.t.& e limited
ite signs hoa with queensland treasury corporation, page-33
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