SSC sultan corporation limited

gap closed

  1. 655 Posts.
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    Hi all,

    I bougt SSC in august 2009 and just a few days later SSC made me very happy. The 0,002 cent gap created on 20 august 2009 was closed today, time to review my investment.

    Like always SSC turned out to a be stock we had to (partly) sell on rumours, but if you read this, just like me, you problably didn't sell. At a share price of almost one third of the shareprice 4 months ago this isn't a time to sell.

    However I also don't think it's time to buy, this mainly because SSC doesn't keep us informed. That's makes SSC a casino bet, or a very very very speculative buy...

    The announcement will make or break this company, if the announcement(s) are both bad (Brskovo and Peelwood) I think we better can move on to an other investment opportunity.

    If we will get some positive announcement please don't sell at 2 cents because that was the previous high a few months ago. Positive announcement(s) will turn SSC into a different company with an re-rate of the share price.

    Investing is all about the downside risk and the upside potential, for SSC this is about 0,4 cent downside risk and 4 cent upside potential. Happy to hold ;-)
 
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Currently unlisted public company.

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