Monday, April 26, 2010
Baker Tech has sold PPLH to Yangzijiang.
Baker Tech has sold off the golden goose to Yangzijiang and this company has nothing much to offer in the future. This company also reported its profit plunged 60% recently. No doubt the next earnings report will look good due to this one-time off sale but the future prospect is dimmer than before. If not, why would Sembcorp Marine object to the sale? Time to sell out and reinvest in another stock.
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1 comment:
Judging from the performance of baker tech, it looks like investors are bailing out of this counter.
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