symex holdings - a buy?, page-2

Mornin X

Agree with you on SYMEX

I dont own any at the moment,as I sold mine ~$1.20 last Dec to transfer the $s into something else.
(just before they went up !!!!!!)

They have sound management,& an excellent "fit" with the pental soap business they bought last year.

When they 1st floated from their managed buyout, expectations of "the market" were not met, & they fell out of favour with some of the instos., which is why they dropped to around 80c last year.
Additionally they were having problems with new plant,at the commisioning stage.
Plant works fine now.

I have posted on Symex before on this board, but it is not the sort of stock that many or the traders here are interested in.
A Warren Buffett style stock in a non sexy sector of the market that over time, will make its owners wealthy.

Technically it is not showing a lot of strength on the chart, so I'm not too sure on the timing here.
Would certainally be a better buy closer to $1........but that may not eventuate.

I keep a close watch on sym.
It is certainally on my "shopping list " if it is at the right price when I have funds available.

Caveat emptor

Bendigo