EOS 2.22% $1.62 electro optic systems holdings limited

re: an absolute bargain Sorry, but given its latest earnings...

  1. 920 Posts.
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    re: an absolute bargain Sorry, but given its latest earnings downgrade, I think it is no bargain at any price. It will take quite a while for investors to re enter with confidence. I had some when they were reaching for the stars (no pun intended) and only held for a short term as there may have been some takeover play. Fortunately bailed out with a small profit.
    There may be a bounce as was evident today, as some may see these prices as super cheap. However, I would not touch it until some radical changes are made to turn the business around. A management shakeout may be the first thing the shareholders want.
 
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