srilankan local government elections

  1. 1,558 Posts.
    Srilankan local government elections are on, nominations were on 20th-27th Jan...with elections to be held in March.
    Trying to finalise a deal at this point in time would be nearly impossible.

    I have my doubts about this stock but as it is speculative.. dont we all? I'd give it some more time...remember this is Srilanka we are dealing with.

    Also medivac has been an R&D company for its entire life...it is making its transition to a sales company which will take time, and it will take a reshuffle of the board and perhaps a take over to succeed.

    Also (apart from the sunny wipes) we are dealing with a highly sophisticated product here in the metamizer...not a consumer good. This isnt something a car salesman can come in and crack 30 sales in a week.

    Worth holiding for this finanacial year atleast.
 
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