Look pretty positive.
If the returns hold or improve, next year can expect similar dividend or better.
Although EDMI only announces financials half yearly, we can estimate its 1Q and 3Q performance from parent SMB results.
My estimate of EDMI 1Q10 eps is approx 1.4c (1Q09 est 0.45c, HY09 act 1.58c)
=> 1Q10 eps is almost 90% of HY09.
Performance in 2Q10 could be impacted by FX rates of AUD, NZD, USD and THB against SGD but probably will be better than HY09.
Caveat emptor
Yap, this has been on going for some time....
Interesting trade today. 1163 lots done...all buy up. Ave trade size 194lots.
Buyer was clearing the deck at 28c....100, 338, 308, 317, 70 lots...same pattern as the buyer of parent SMB in 2009.
React to positive result since Mar....now above 30cents level.
Starting to move and positive result.
yap...if the price holds ...
something obviously cooking at EDMI for such yo yo share price plus willingness to buy upwards
Nice recovery .....up 3 cents to 23.5 cents
Hmmm ... suddenly look attractive...
just wonder how long mother will take to form the new basing.
Waiting for mother to lead ...recover significantly since the last sell down ....
1 lot and it is down by 10%????
Ho Ho Ho ... Santa is spreading the joy ...
victorian2 ( Date: 15-Dec-2009 09:23) Posted:
|
EMDI up 2c on just 10 lots.
Something is going on........causing a spike in SMB's price too
up 3 1/2 up just 250 lots in several trades.......something looks brewing hopefully
Ho Ho Ho looks like spreading to daughter. up 2.5c
winsontkl ( Date: 10-Dec-2009 22:02) Posted:
|
yup.... EDMI numbers have been strong too. Right now trading below NTA.
so do ho ho ho spread to the daughter???
Accumulation seen on mother, daughter abnormal movt recently .... drop to 16 and recover to 20????