If Straco include all of us here (sana, garl, yeh, 1668, abb, del, damien, BNN, Reck, Joe and myself) there is hardly any free float shares left in the market.
Ha! Ha!
Some fund is grabbing at it! Buying all the way up to 43 cents!
:lol:
12:21:43 0.430 25,000 X
12:21:43 0.420 5,000 Buy Up
12:19:23 0.410 1,000 Sell Down
12:18:52 0.410 4,000 Sell Down
12:04:03 0.410 100,000 Buy Up
12:04:03 0.410 20,000 Buy Up
12:03:32 0.400 22,000 Buy Up
12:03:32 0.400 18,000 Buy Up
12:01:42 0.400 12,000 Buy Up
12:01:42 0.400 28,000 Buy Up
STRACO 3rd Quarter 2013
Revenue increased by 43% from S$21.3m to S$30.5m
Net Profit increased by 72% from S$9.2m to S$15.8m
9 months Net Profit increased by 71% from S$17.2m to S$29.5m
Straco is debt free & for the quarter generated net operating cash flow of S$20.74 millions. Cash & cash equivalents to date = S$101.148 millions.
Straco revenue growth of 40% & profit of 70% is still CHEAP at 45 cents. At 45 cents it is value just about PE of 10.