SCD 0.00% 60.5¢ standard chartered plc

sellers overwealming here today, page-5

  1. 73 Posts.
    re: ready to move beef I do admit that I've held this one for quite a while as it's a fairly illiquid stock at the best of times.

    It seems that, fundamentally, things are lining up very well for SCD.

    It's finally getting its financial act together, especially by slowly improving its balance sheet. This along with the start of a global pick up in resources exploration/demand/activity and a corresponding increase in pressure to use those resources in a 'greener' way should provide SCD with opportunity for a good period of growth.

    The only question is whether management can take advantage of the opportunity. One good sign is that management have large shareholdings and there have been some recent 'insider buying'.

    Cheers
    BH
 
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Currently unlisted public company.

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