Big Idea 4 and Big Idea 6. Since I have already sold, I shall show what Big Idea 4 and Big Idea 6 are. Big Idea 4 is…Ellipsiz Ltd. In my last post, I have stated, “In 2 months’ time, it will declare its full-season results and more answers on the use of its cash pile could be reveal in its financial survey. After the release of the annual survey and receiving a reply from the investor relations, I’ve decided to offload all my position in Ellipsiz Ltd at a loss.
Nevertheless, do remember that this reduction was based on my re-entered price. I had fashioned previously made a 280% gain on the business prior to selling all at its peak. Just what exactly were the factors that triggered me to sell off this Big Idea? In the above abstract, it appears like the Lums are intending to use this company as their investment-holding firms.
Other than investing in Kalms, that they had yet to do anything else using their cash hoard. For me, the strategy seems to be a little directionless. It sounds like “I am going to spend money on any undervalued opportunities”. It isn’t an incorrect strategy but I believe there are other better/more set up investment holding companies for me to purchase. Even they don’t have a remedy Maybe?
Thus, the above factors made me consider my holdings in Ellipsiz Ltd seriously and I made the decision it’s time to offload the business completely. Big Idea 6 is… Sysma Holdings Ltd. I did so not speak much about the company because StockResearchAsia has already had written a great deal on the business. Despite having a lot cash, the business only increased the dividend from 0.5 cents to 0.8 cents. I was expecting a much higher dividend payout but I assume the management acquired other programs.
- Central Co-operative Banks
- Money market funds are not FDIC covered by insurance
- Machine Learning
- A reluctance to sell assets at a reduction
- Minimum 5 other money
- The company’s gross profit margin is EBIT divided by online sales
I do not foresee some other catalysts in the next year for the business, other than which consists of cash to acquire other companies. Furthermore, with so many en-bloc condo buys by the developers, I really do not foresee Sysma Holdings Ltd having significant opportunities in its niche market – the structure of GCB tasks.
Better opportunities in other building companies have arisen and enough time appears right. Thus, because of the above reasons, I made a decision to sell most of Sysma Holdings Ltd at a slight profit! Please, do your own due diligence before any action is used by you on the above-mentioned counters. If you are interested to know more about The Ultimate Full or Scorecard Analysis, do visit the Fundamental Scorecard website to find out more! We have also released the Moat Scorecard with InvestingNote. Do take a peek!