(This is not Turtle Trader or Trend Following blog. All stock and strategy mentioned in this blog do not represent buy or sell. This is my digital diary to express my thoughts and opinions about the world of investing. Ultimately, you will be responsible for your own decision. Please consult your investment adviser before taking any investment position).
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.
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