SYM 0.00% $2.63 symbio holdings limited

a gamble or something more? (repost)

  1. 5,527 Posts.
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    Alright, I apologise for that last post. I must have been half aspleep. :-(

    Anyway, in my opinion, this is a slight gamble until further information comes out about their strategic review, which is expected to be in the next couple of weeks (going on last year's reporting dates).

    It does however, have a book value of 57 cents (last reported) and a consistent profit for the last few years, and with it being smashed already, I think it could be worth its current price, if not for this year but for the following.

    Even at the midst of its 2006/07 crisis it still made a profit (not much of one but at least it did).

    Currently, its P/E is very low so either the price will move up or its profit will reduce (which is more likely), or perhaps a combination of both.

    Time will tell very soon.

    Good luck holders (especially those that watched it fall)... Hopefully, it will bounce. I'm in for a little and may consider more if it drops further. If it can get back to earning 7 cents, it should be around 60-70 cents.

    :-)
 
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