IFS 0.00% 3.2¢ ifs construction services ltd

half year results, page-8

  1. 12,893 Posts.
    I recently asked the company about a capital raising and they don't need to raise more. Anyway I am not buying more unless they get ridiculously cheap again like they did when they were at 6 cents last week. I agree that management need to prove themselves (but Douglas Weir did at just that at PCH group where he built up the international business) anyway that is why my sentiment is that IFS is a long term buy. Currently I have 270K shares and 210K options at this stage so it is not a massive investment. I have also traded some from 6/6.1 to 7.5/7.8 cents recently when the opportunity presented itself.
    Regards
    Aksier.
 
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Currently unlisted public company.

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