RE: short position10 Mar 2016 16:30
Bob, IMHO this is way undervalued, probably because it is located in Israel but notwithstanding that they are generating a lot of cash, acquiring companies that fit with their operating methodology and have an excellent dividend policy of redistributing 50% of any cash to shareholders. This share should be around the 90 - 120p mark, maybe even higher and MM's may have a play in keeping it where it is. I just ploughed more cash in yesterday as the results at the end of March should make any holders happy hectors. If you read "rivaldo's" post of 5th Feb it summarises quite nicely where this company is at post AGM. I don't advise on who should put money where (I am no expert and have screwed up a few times) but I can't see any other company with the growth and cash generating abilities this one has anywhere on the AIM. Using a 13 and 48 day EMA on my tech chart it looks quite favourable too. Not seen anything about shorting in the RNS's that worries me at all.