Wednesday, December 1, 2010

Quick Update on Alcom

The operating results is not so good as expected. Their cash level has increased substantially due to better working capital management and tax recovery. At this level of cash, dividend payment of $0.10 should not be a problem. They typically will pay it out in the middle of the year. Should be a good time to buy a few more shares during this correction period.

1 comment:

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