SSC 0.00% 1.1¢ sultan corporation limited

buy or wait, page-2

  1. 1,854 Posts.
    Sharedelight,

    I wouldn't worry too much about a CR right now.
    I doubt that we'll have one at this level.

    Remember the directors bought in at 2.2c and so was the last CR so I doubt that they will go under 2.2c "IF" there was one to be.

    To do another CR at 2.2 we would have to be at 2.6/2.8 level so long way from where we are right now.

    As for your question whether to buy or wait, it's a very hard question to answer.

    If it wasn't for the Greek debacle, I would have said definitely jump in right now as at 1.5 SSC is very, very cheap.

    BUT, who knows, with another few days of red DOW we might see 1.4c.

    In the end, if you are looking at a longer term view (6mths+) I would just buy now at 1.5c as +/-0.1c will make no difference in few mths time.

    Always look at fundamentals before you make a decision whether to jump in or not and SSC has excellent fundamentals and excellent future prospects.

    Good luck with whatever you do.

 
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