Wednesday, January 12, 2011

Spritzer 7103


This company currently trading below their net asset and at first glance, the valuation also looks ok to me. Will study more, as i managed to raise some cash from fresh capital and cash from bonia & Mahsing..feel itchy to buy something. :p

After studying a bit on this company, i found that Spritzer is good and growing company, balance sheet is ok, not really impressive but at ok level, dividend yield also not attractive, will revisit if spritzer drop to 0.80sen. For time being, will keep under my watchlist. :)



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