trumped, page-5

i would greatly appreciate feedback on this post, as it is my honest opinion and it suprises me that others dont see things the way i do...

a few posts ago someone said that lum is far too volotile and risky, and there are much safer options in the market. to my mind i can find very few safer!!! let me explain myself.

lum have reported growing revenues from their hong kong acquisition, vertigoasia over the past 3 quarters. they have no debt. they have accumulated tax losses exceeding $10 million from business operations over the past 6 or so years which would be extremely useful if the company changes its current operations and reinvents itself under a "shell". not that for one moment do i think that will happen as i consider the current business more than viable but it is still a point worth considering. lum have good management now, led by john dollison who has a career boasting appointments such as the australian chief of phillip morris, founder of media partners international in hong kong, as well as a managerial position in the department of prime minister.

yet, lum is valued at only $3-$4 million. with no debt there is virtually zero chance it can go belly up in the foreseeable future even IF they have to raise more capital somewhere down the track. i sincerely think its a hiding to nothing and one of the safest "punts" on the market.

like i said earlier, would greatly appreciate others opinions. cheers.