ticking along nicely, page-3

It is a very well run company with operations in Australia and South East Asia. It has been consistent in its performance and the directors (mainly Asian) have thrown their money where their mouth is and continued to purchase stock on market over the last two years.

Currently on a p/e of 5, which is way under a logical figure. The company struggles to get interest but has been around for many years, the people running it have their money in it, diversity of solid assets which are all profitable, geographical spread thus not dependent on one particular market, dividends paid, growth achieved year on year,............

An extremely conservative approach would put an 8 to 10 times p/e on it...ie in the region of 30c. BUT it has for now struggled to garner investor interest.

I have bought higher and lower and believe there is still much upside from the high teens of recent days.