IFM 1.24% $1.64 infomedia ltd

why the steady decline, page-2

  1. 824 Posts.
    lightbulb Created with Sketch. 202
    Maybe just drifting lower, I would also like to believe that the share price has hit a current bottom around these figures, good company has an edge, maybe the largest of its kind in this field, good balance sheet,
    pays decent dividends fully franked, seems to have gone over few hurdles in the last few years with the founder leaving, IFM has new and exciting CEO, CFO. they seem willing to invest in the future and extend
    The scope of operation and offerings. may not be a top growth company, but a good leverage on foreign earnings. and from this low price levels ( good entry level), coupled with patience and steady upward moving market, IMO the share can go up to 1.20 by next year August. time will tell.
 
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