Downside risk is that iFast had a large one offlost from the India operations and it's profit margins have dipped from 14.5% to 8.2%. Aside, there was a history of dilution of shareholders before, leading to a massive sell off.
On the upside, it has a 0% debt equity ratio, and that was 5 years ago. No coverage is needed from operating cash flow and no payment of interest is needed. There has also been 91kshares bought in the past 3 months by insiders, with none selling out. Over the past 12 months, 4 insiders and 2 companies buying, while only 2 insiders selling. And the selling is around36k only for 12 months.
Fired another bullet in today. If the price dips further, I will just buy more at my pre determinded level. [Grin]
What about you?
Meanwhile here is cute picture of good old friends Gates and Buffett. [Great]
@TigerStars@CaptainTiger@MillionaireTiger
Comments