Well, back, burnt to a crisp and suffering frostbite; It's a cruel world out there and the finance bears have sharp claws!
- (ALC) announced 3 new sims and has seen a steady rise in price, hovering around $W5.50 mark and trading steadily.
- (AMI) has stepped up and Adonis Action has been flaunting the word out there, seeing tops of $W2.00 and averaging around the $W1.20 mark in the past few days. With monthly reports showing modest figures and no dividend payment since the reopen, the bubble obviously isn't as tight as some others.
- (RDX) Solid business model right from the start, suffered from day-trader rout during most of last year and is only now seeing reasonable pricing averaging over $W2.00 for the past 2 weeks and tops of $W3 (even one massive day of $W10!!) not uncommon.
- (FKH) Low market cap and very few shares, proving the model of scarcity as trading in this company has hit highs of $W150 on a list price of only $W10. Not bad, (huh hmm...google..huh hmm...kidding)
- (FVS) There were always skeptics of the dreaded SL "Fund" companies, but Mart Lupino has showed the staying power and the earnings aren't too shody in this emerging market. The decision to delay the dividend wasn't met with the usual panic and the shares are sitting quite comfortably around the $90-$100 WIC mark.
Finally, news just in, check out the Applications section under the new offers tab and you will see the latest addition appears to be a RL company that is wishing to list on WSE. I do believe this is the first of it's kind to this market and I must admit I am extremely excited..off to do some research...
(Boy, do I wish I could convince my Risk and Compliance dept. to cast their eyes over this!)
Glad to be back.
Yours sincerely,
Logansan Oh
- CEO, Chairman.