the company report looks very healthy,
yet I was expecting bigger profits.
profits yearly 2650000 dollars = earning per share
/ 0.1925 per share / conservative PE 15 =
*†***. 2.88 cents per share
PE 20 = 3.85 cents per share
not impossible to reach previous valuation of 7 cents
based on options ex 7
lets get on and over of the market correction,
which was due and triggered by corana..
cyclical correction and remember sell in May saying for tax selling..
good luck and thanks for supporting ..
Ann: Half Yearly Report and Accounts, page-11
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