Where is the CASH? by CIMB on 02/03/2009
Where is the CASH?
Opportunity or fool’s errand?
S-chips painted with broad brush. With the recent slew of poor results and bad news coming from S-chips, with audit issues at Fibrechem and some S-chip results announcements littered with ‘approximately’, it is no wonder that investors are spooked and dumping S-chips indiscriminately. Looking at the ridiculously ‘cheap’ valuations, this may either turn out to be the opportunity of a lifetime to make giant-sized returns.....
Opportunity or fool’s errand?
S-chips painted with broad brush. With the recent slew of poor results and bad news coming from S-chips, with audit issues at Fibrechem and some S-chip results announcements littered with ‘approximately’, it is no wonder that investors are spooked and dumping S-chips indiscriminately. Looking at the ridiculously ‘cheap’ valuations, this may either turn out to be the opportunity of a lifetime to make giant-sized returns.....