SSC 0.00% 1.1¢ sultan corporation limited

confidence building-

  1. 1,392 Posts.
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    all quiet on the home front i see - by that i mean on the hot copper ssc forum this morning - things definantly all that quiet in early trade with a big 4 865 839 trade going through this morning at 10.09 - that definantly spells some confidence -

    i could say lets hope its a sign of things to come but honestly speaking- we dont need luck. The fundamentals for strong growth had been/ and is currently being put in place - and thats with or without the togo perspective -

    Ultimatly, its never good seeing world markets so volatile as they have been of late and very very few investors would reveal that they are happy to see decline in global economies of late- but strangely enough and I never ever thought I'd say it- I am actually happy to see such volatility and declines in world economies for one reason and one reason only - that being that it couldnt be the best time for ssc at present as they are cashed up from a recent placement and on the acquisition trail. This is the ultimate time when you want to be a resource company with circa $6million cash ready to start an aggressive acquisition campaign. The firesales and assets which are able to be purchase at next to nothing is like boxing day sales for shopaholics -

    All i have to say is that with european debt concerns more likely to cause more uncertainty and declines in world markets and assets - assets which could be acquired in the short-medium term on the cheap is certainly going to happen and im loving the fact that I am an astute long term investor in sultan corporation who have the funds to pick up meaningful company making projects for next to nothing to achieve an aggressive growth spurth in the short-medium term
 
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Currently unlisted public company.

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