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Sunday 9 September 2012

Sold Sakari

I've just sold my holdings on Sakari for a total profit of 32.57% and bought Ezion @$1.10.

Reason for selling: Sakari will remain flat for a while, due to the madatory offer by PTT.

Reason for buying Ezion: Really conservative intrinsic value estimate of Ezion is between $2.16-$2.44. At $1.10, the MOS is so great that the potential profit (conservatively) is 109%. Will probably become my zero-cost stocks.

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