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:

Kesh said...

Hi turtle (should i call you this?)

I find out your blog is interesting. I wish to exchange my blog URL with you.

My blog URL is www.hongwei85.blogspot.com

Let me know if you are interested.