Ha, Ha Landrat. It’s good we haven’t loose the faith in SSM. Since the government has allocated a quite substantial amount of money on infrastructure (including broadband) presented in a 2008 Budged, SSM might get a bulk of that expenditure and increase it’s revenue. Soon we might receive an anticipated announcement. Judge by yourself. Here is SSM answer on my e-mail:
”In recent company announcements (Feb 08) the company confirmed the market outlook for the 2008 financial year. Since that time there have been no downward change to the overall operations of the various business units.
If anything the market outlook appears more buoyant with anticipated expenditure in Infrastructure Services by government and major corporations expected to increase in the short to medium term.
The Board of Directors continues to work hard to increase the returns to all shareholders and encourages shareholders to take an active interest in the company.
At this stage there is no reason for what is hoped to be a temporary reduction in the share price of the company.”
DYOR
SSM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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