API australian pharmaceutical industries limited

Your right zz, comments on this company are few and far...

  1. 8,906 Posts.
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    Your right zz, comments on this company are few and far between.

    I bought in on Friday for the following reasons..

    1) The chart appears to be rising upwards after basing.
    2) The 21 day MA crossing up through the 60 day MA.
    3) I believe they pay a healthly dividend relative to the sector ( though I know very, very little as far as dividends are concerned )
    4)CBA recently bought back in. ( I take that as a good sign )
    5) Because we have an aging population I want some exposire to the healthcare industry.

    I can see plenty of positives but I'd be keen to hear about any negatives Ive missed. Ive no doubt there must be some.

    Thx
 
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Currently unlisted public company.

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