EMS late Arvo spike. (instos might be buying)
Should be good times for ems in the next couple of weeks. 4th quarter results are due any day now and if you go back thru ems announcements they say that they will be cash flow + this 1/4, in other words, not burning any cash ( will be very interesting to see if this is correct. Also deal in china is due to be signed in the next 2 weeks or so, Brokers going thru and looking at the PAP grinding machine( contracts to follow) instos buying. Three directors are currently O/S doing road shows right now, might be contracts comming also from these trips. I think sub 40c is great buying at this stage. Also if you get a chance ems gets a good write up in share mag. It states ems will be making 5 million $ profit in 2005 and 10 million profit in 2006. If this is the case ems p/e will be around 9 which would make ems very cheap sub 40c.
Please do your own research.