SDA 0.00% 79.0¢ speedcast international limited

SDA IS A strong BUY, page-30

  1. 3,889 Posts.
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    averaging down is good on a blip... but not on a trend like this.

    plenty of examples of shares having a ST fall - but great LT fundamentals... CTX being a recent example - fell from 25 to 14 on poor report from rival VIVA.... only to go back up again and now with takeover offer - sitting at 35... go figure.

    Agreee that SDA is junk status - but REBALANCING balance sheet is required... asset sale is not the only option, increasing equity via CR will also resolve the problem.

    Intangible assets do need to be written down, I have been calling for them for at least 6 months - but there are accounting rules which need to be complied with as well, which may limit how deep they can cut into them

 
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Currently unlisted public company.

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