RE: Hello28 Mar 2014 17:05
Trevally,
Hello hello - I didn't realise you had bought in here also, my fellow SyQic-er. That doesn't quite roll off the tongue haha! (you still invested there btw, mate?)
I really liked the look of LPA for a while but, when I dug a little deeper, I decided that the one-off Tudor Rose sell off made it look cheaper than it really is and chose not to invest there in the end. But it remains on the watch list...
As for SFE - it is looking very cheap. I'm expecting over 60% rise in Profit before Tax to bring the EV / EBIT ratio below 10, which is superb for a growth stock.
And yes this is a fundamentally sound but slightly dull share, and yes these sorts of shares often do very well all in all because they're not exciting enough for PIs and usually too small for the city to give them the attention they deserve! They're perfect :D